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21798869
22306522

75 West Hanford Armona Road, Lemoore, CA, USA, Lemoore, CA 93245

VC
CA 02093208
Casey & Associates
JL
Casey & Associates
Listed by Casey & Associates
$2,800,000
476 days on market
Updated 17 days ago

Lemoore Plaza Strip Center

Details
APN 021-380-010-000
Property Type Retail
Sub Type Shopping Center
Square Footage 8,184
Net Rentable (SqFt) 8,161
Units 4
Cap Rate 4.87%
NOI $136,494
Occupancy 100%
Tenancy Multi
Brand/Tenant Verizon Wireless, Adventist Health Hanford (+1)
Lease Type NNN
Price per SqFt $342
Class C
Year Built 2003
Buildings 1
Stories 1
Acreage 0.430
Zoning Commercial
Parking Spaces spaces
Investment Type Stabilized
Tenant Credit Credit Rated
Occupancy Date 02/07/2025
Ground Lease No
Ownership Corporation
Sale Condition 1031 exchange

Welcome to 75 W Hanford-Armona- A Charming Retail Hub in the Heart of Lemoore

Marketing description

Perfectly positioned in Lemoores busy retail corridor, 75 W Hanford-Armona Road offers a vibrant mix of convenience, dining, and essential services. Home to a well-established Verizon store, a delightful Thai restaurant, and a trusted physical therapy clinic, this charming strip mall provides a welcoming atmosphere for shoppers and professionals alike. With high visibility, steady foot traffic and close proximity to major retailers, this location is an ideal destination for both businesses and customers looking for quality and convenience in one prime spot.

Investment highlights

  • Prime retail Location- Strategically positioned in Lemoore’s thriving commercial district, just steps from major national retailers, ensuring high visibility and strong customer traffic.

  • Diverse & Stable Tenant Mix- Anchored by a Verizon store, a popular Thai restaurant, and a reputable physical therapy clinic, providing a balanced blend of essential services, dining, and retail.

  • High-Traffic Corridor- Situated along Hanford-Armona Road, a well-traveled artery connecting residents, commuters, and visitors to key shopping and dining destinations.

  • Growing Market-Located in a rapidly expanding area with strong consumer demand and an increasing population, driving long-term appreciation and stability.

  • Turnkey Investment Opportunity- Well- maintained property with established tenants, making an attractive, hassle-free acquisition for investors seeking immediate cash flow.

  • Gateway to Opportunity- Just 9 miles from NAS Lemoore, the largest master jet base in the U.S. Navy, bringing a steady stream of military personnel, families, and civilian employees who fuel the local economy and retail demand

Listing Contacts

VC
CA 02093208
Casey & Associates
JL
Casey & Associates
Listed by Casey & Associates

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$136,494.00
$11,374.50/mo

Valuation Metrics

0
DSCR
4.87%
Cap Rate
4.87%
ROI

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Additional Information

Name
Vicky Casey
License
02093208
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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