505 W 6thHanford, CA 93230

Description

8% CAP RATE - Positioned in the heart of Hanford’s established industrial corridor, 505 W 6th Street presents a rare opportunity to acquire a stabilized, income-producing asset with long-term upside. The property is currently secured by a 7-year triple net (NNN) lease, offering passive ownership with minimal landlord responsibilities and a strong 8% CAP rate from day one. The lease structure includes scheduled rental increases every two years, providing built-in income growth and an attractive hedge against inflation—ideal for investors seeking both stability and appreciation. Strategically located with convenient access to key transportation routes throughout Kings County and the greater Central Valley, the property benefits from its proximity to major agricultural, distribution, and industrial hubs. Notably, the site appears to offer rail service capability or adjacency, a highly desirable feature for logistics, manufacturing, and bulk distribution users. Hanford continues to see steady demand driven by its central location between Fresno and Bakersfield, lower operating costs compared to coastal markets, and strong ties to agriculture and food processing industries. These fundamentals support long-term tenant retention and future leasing strength.

Property Information

Property type

Commercial Sale

Sub-type

Warehouse

Year built

1963

Stories

1

Building area

17,191 Sq Ft

Lot size

0.95 acres

Days on market

112

MLS^® Listing#

PI26132048

Property Features

Laundry

None

Lot features

Level

Water source

Public

Parcel number

012070034000

Directions

From 198, Exit Reddington, West on 6th St, Property on the South