Listed by Matthews
$1,512,000
Geta Xpress Japanese
Details
Property Type Retail
Sub Type QSR/Fast Food, Restaurant
Square Footage 2,799
Cap Rate 6%
NOI $90,720
Occupancy 100%
Tenancy Single
Lease Type Absolute NNN
Lease Expiration 03/30/2028
Remaining Term 1.7
Rent Bumps Yes
Lease Options One (1), Six (6) Year Option
Acreage 0.350
Investment Type Value Add
Lease Commencement 08/26/2006
Ground Lease No
Absolute NNN QSR with 20+ Year Tenant and Drive-Thru in Hanford, CA
Investment highlights
- Absolute NNN Lease: The property features a true absolute triple-net (NNN) lease structure with zero landlord obligations—providing investors with 100% passive income and long-term stability.
- Established Operating History: GetaXpress Japanese has served the Hanford community since 1987 and has operated at this location for over 20 years, demonstrating decades of proven performance and deep roots within the local market.
- Attractive QSR Pricing: The offering includes a quick-service restaurant asset positioned within a well-established shopping center, benefiting from strong retail synergy and consistent consumer traffic. The property is being offered at an attractive basis relative to comparable assets in the market, providing investors with compelling entry pricing. The site is drive-thru equipped.
- Robust Demographics: Located along Hanford’s primary retail corridor, the property benefits from a strong regional draw within the greater Kings County trade area. More than 65,000 residents live within a 5-mile radius, with additional consumer support from nearby communities.
- Busy Retail Corridor: Strategically positioned along North 11th Avenue, one of Hanford’s primary commercial corridors, the property benefits from exceptional visibility and consistent daily traffic. Surrounded by established national and regional retailers including Smart & Final, Staples, Mister Car Wash, and 7-Eleven.
- Top Ranked Location: Top 30% Of Ranked Locations Statewide (Source: Alphamaps).
Listing Contacts
Listed by Matthews
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$90,720.00
$7,560.00/mo
Valuation Metrics
0
DSCR
6%
Cap Rate
6%
ROI
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Brokerage
Title
Brokerage Address
Name
License
Name
License
Brokerage
Brokerage Phone
Title
Brokerage Address
Is there information that looks off?
