Starbucks Coffee

For Sale

550 W Lacey Blvd, Hanford, CA 93230

This Hanford property for sale is located at 550 W Lacey Blvd. The current listed sale price for Starbucks Coffee is $1,745,454. Starbucks Coffee is situated on a lot that is 0.6 acre in size.

Contacts

Adrian Stepien

Prime Net Lease

Property Details

  • Property Type Retail - Freestanding
  • Property Size 2,013 SF
  • Lot Size 0.6 Acre
  • Property Tenancy Single Tenant
  • Year Built 1979
  • Year Renovated 2015
  • Date Updated May 13, 2026
Location & Regional Connectivity Hanford, California is a well-established city located in Kings County in the heart of the Central Valley, serving as a primary commercial and employment center for the region. Positioned along Highway 198 with close access to State Route 99, Hanford benefits from strong regional connectivity linking it to Fresno, Visalia, and Bakersfield. This central location provides efficient access to major population centers and distribution corridors, making Hanford a strategic market for retail, service, and logistics-oriented uses. Economic Base & Industry Diversification Founded in the late 19th century as a railroad and agricultural hub, Hanford has long played a critical role in California’s agricultural economy. The city continues to benefit from one of the most productive farming regions in the country, supporting a stable economic base tied to agriculture and food processing. Over time, Hanford has diversified into healthcare, education, government, retail, and manufacturing, resulting in a balanced and resilient employment landscape. Regional Retail Hub & Consumer Demand Hanford serves as a regional retail draw for Kings County and surrounding rural communities, with a strong concentration of national and regional tenants along its primary commercial corridors. Its role as the county seat and retail nucleus supports consistent consumer traffic and daily-needs spending, reinforcing long-term demand for necessity-based and service-oriented tenants favored in net-lease investments. Demographics & Cost Advantage The city benefits from a stable and growing population supported by workforce participation across multiple sectors. Hanford’s comparatively affordable cost of living relative to California’s coastal markets continues to attract families and long-term residents, supporting steady housing demand and durable consumer spending patterns. Infrastructure, Institutional Anchors & Investment Outlook Hanford is supported by established public infrastructure, local school districts, healthcare facilities, and nearby higher-education institutions. Regional government and military-related employment in the broader area further contribute to economic stability. Continued residential development and infrastructure investment underscore confidence in Hanford’s long-term growth trajectory, positioning the city as an attractive and reliable market for long-term single-tenant net-lease investment.
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Highlights

  • CORPORATE GUARANTEE – The property is operated by Starbucks corporate and is backed by a full corporate guarantee, providing strong credit tenancy, enhanced financial security, and long-term lease stability.
  • FAVORABLE DRIVE-THRU FORMAT – Approximately 60%–70% of quick-service restaurant sales are generated through the drive-thru. Additionally, average Starbucks store sales are approximately 50% higher at locations that include a drive-thru component.
  • HIGH-TRAFFIC AREA – The subject property benefits from excellent visibility along W Lacey Blvd and N 11th Ave, major arterial roadways that see upwards of 18,000+ VPD.
  • LARGE LOT – Situated on approximately 0.60 acres near the corner of W Lacey Blvd and N 11th Ave, the property offers prominent visibility, strong ingress/egress, and ample site coverage.
  • MARKET-DOMINANT COFFEE CHAIN – Starbucks is the world’s largest coffeehouse chain, operating approximately 40,000 locations across 84 countries worldwide.
  • RENTAL INCREASES – The lease features 10% rental increases at each 5-year option period, providing long-term income growth and a built-in hedge against inflation.

Attachments

Getting around

  • 86/100

    Walk Score ®

  • 35/100

    Transit Score ®

  • 66/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Hanford, CA
  • Zip Code 93230
  • Market Central Valley

Points of Interest

  • Chevron

    1.07 miles

  • Costco Gasoline

    2.60 miles

  • Valero

    3.01 miles

  • Shell

    8.68 miles

  • Hanford Park And Ride

    2.80 miles

  • Pizza Hut

    0.10 miles

  • McDonald's

    0.21 miles

  • Burger King

    0.26 miles

  • La Playita

    0.45 miles

  • Applebee's

    0.83 miles

  • Country Waffles

    0.92 miles

  • A&W

    0.96 miles

  • Jack in the Box

    0.99 miles

  • Buffalo Wild Wings

    1.01 miles

  • Panda Express

    1.03 miles

  • Grocery Outlet

    0.20 miles

  • Big Lots

    0.42 miles

  • Cost Less

    0.43 miles

  • Harrods Market

    0.55 miles

  • Hanford Mall

    0.95 miles

  • Kohl's

    0.96 miles

  • JCPenney

    0.99 miles

  • ALDI

    1.20 miles

  • Foods Co

    1.23 miles

  • Marshalls

    1.24 miles

Contact Listing Broker
Adrian Stepien

Prime Net Lease

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.