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