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Available For Sale - Office

6,818 SF | Show Pricing $

AVAILABILITY DETAILS

Size
6,818 SF
Price/SF
Show Pricing $
Listing ID
SA380826
Notes
±6,818 SF Freestanding Professional Office Building: opportunity for owner/user or investor to extend the lease with the existing tenant, Adventist Health. The tenant, which dates back to 1866, uses this facility as office accommodation for their 199-bed hospital in Hanford located 1/2 mile north. Their lease is at $7,250 per month income (Modified Gross) until December, 2019, allowing an investor to extend or an owner/user to occupy in December 2019.



Building Description:

Freestanding office with a private parking lot, well-maintained yard, and professionally maintained building. Property offers multiple private offices, reception area, generous break room, storage, and private restrooms. Property is positioned toward the front to offer 29 rear and 7 street parking spaces, and street signage. Prewired for Comcast or AT&T Uverse high speed Internet computer server.



Lease Details:

Adventist Health has occupied the space since 1999 and is in their fourth corporate guaranteed lease extension through 2019 with no termination clause. The tenant just completed a extensive remodel in 2017, showing their commitment to the market and location. The vibrant downtown of Hanford attracts various quality tenants surrounding the location bringing great synergy for Adventist Health to flourish. Well known and established office building in a highly traveled area off the "Main and Main" of Downtown Hanford.



Tenant Information:

Adventist Health is a not-for-profit health care organization which operates facilities throughout the western U.S. states of California, Hawaii, Oregon, and Washington. Adventist Health has 28,600 employees and operates in keeping with the values and health heritage of the Seventh-day Adventist Church. As of 2018, the system includes 19 hospitals, headquartered in Roseville, CA.
Uses
Office

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.

Listing provided courtesy of
Jared Ennis, Central CA Commercial
BRE# 01945284