7-Eleven Bakersfield, CA

Bakersfield, CA

Price: $1,205,000
NOI: $53,000
Building Size: Approx. 2,400 Sq. Ft.
Lot Size: Approx. 0.45 Acres
Sub Category: Convenience / Gas

Investment Overview

  • 2,400+/- SF Building on .45+/- Acre Site
  • 6-Year Corp NNN Lease w/ 10% Rent Bump in Option
  • Located along Pacheco Rd (5,511 VPD) & S. H. St (9K VPD)
  • Signalized Hard Corner | 45-Year Operating History
  • Adjacent to future Multi-Family Complex | Near Car Dealership Hub
  • Midpoint to four schools with a combined total of 4,336 Students
  • Home to California State University Bakersfield (10,545 Students)
  • Bakersfield is a significant hub for both agriculture & oil production
  • Continuous growth w/ recorded 40.6% population increase (2000-2010)
  • Employers: The Giumarra Companies | Grimmway Farms | Chevron
  • 3-Miles: 2019 Est Population: 139,172 w/ Est Day Population: 28,548

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