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About This Home

This 0-bedroom, 0-bathroom commercial at 505 W 6th in Hanford, CA is listed for $1,725,000 ($100 per sqft). Built in 1963, the home offers 17,191 sqft of living space on a N/A lot.

Agent 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.

Key Features

  • Built in 1963

Property Details

1963

Monthly Cost Estimate

$9,226/mo

20% down · 6.5% · 30 years

Principal$1,248
Interest$7,475
Insurance$503

Estimates only. Actual payments may vary.

Location

505 W 6th

Hanford, CA 93230

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 505 W 6th is listed at $1,725,000 ($100/sqft). The estimated monthly payment is $7,475 based on 20% down at 6.5% interest.

Key features include: Built in 1963.

This property is listed by Michelle Boghosian and can be reached at 8057794003 or michelleboghosianrealtor@gmail.com.

MB

Michelle Boghosian

Agent at Modern Broker

(805) 779-4003

Listed by Modern Broker · View on Broker Site

MLS# PI26132048· Source: listhub· Updated 1 days ago

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505 W 6th, Hanford, CA 93230

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