INVESTMENT HIGHLIGHTS - ±2,500 SF freestanding retail/office building on ±0.56 acres across three contiguous parcels - New roof and updated windows reduce near-term CapEx exposure (per seller) - Federally Designated Qualified Opportunity Zone for tax-advantaged investment - Fully fenced and gated yard with on-site and street parking - Direct Highway 99 access via N Chester Avenue (14,446 ADT) EXECUTIVE SUMMARY Owner-User or Investment Opportunity in North Bakersfield's Oildale submarket. The ±2,500 SF freestanding retail/office building sits on ±0.56 acres across three contiguous APNs (113-131-01, 113-131-02, 113-131-03), featuring a fully fenced and gated yard with on-site parking and additional street parking on Minner Avenue. Recent capital improvements include a new roof and updated windows (per seller representation), reducing near-term CapEx exposure for the next ownership group. Single-story floor plate suits a wide range of small business operations, with secure outdoor space available for operational flexibility. The property sits within a Federally Designated Qualified Opportunity Zone. SBA financing eligible at this price point for qualified owner-user buyers. Available immediately. Sale and lease offered concurrently; qualified sale offers prioritized. PROPERTY FACTS Sale Type: Investment or Owner User Property Type: Retail/Office Property Subtype: Freestanding Building Building Size: ±2,500 SF Lot Size: 0.56 AC (24,393 SF combined) Number of Parcels: 3 contiguous APNs APN 113-131-01: 8,276 SF APN 113-131-02: 10,890 SF APN 113-131-03: 5,227 SF Year Built: 1950 Recent Improvements: New roof, updated windows (per seller) Construction: Wood Frame Stories: 1 Tenancy: Single Class: B Sale Price: $335,000 Price Per SF: $134 Lease Rate: $1.15 PSF/month NNN Opportunity Zone: Yes Buyer/tenant to verify zoning, current use entitlements, and any CUP history with Kern County Planning. Parking: On-site and street parking Fenced Yard: Yes, fully gated Flood Zone: B and X, not in SFHA per FEMA Map 06029C1817F AMENITIES - Fenced and Gated Yard - On-Site and Street Parking - 24-Hour Access - Air Conditioning - Reception Area - Partitioned Offices - Storage Space - Wheelchair Accessible - Natural Light - Signage Available LOCATION Oildale submarket in North Bakersfield, approximately 0.23 miles from N Chester Avenue and 0.26 miles from Norris Road. Direct access to Highway 99 via N Chester. Approximately 12 minutes (3.4 miles) from Meadows Field Airport. Traffic Counts (2025) - N Chester Avenue: 14,446 ADT - Norris Road: 11,930 ADT - E Norris Road: 6,634 ADT - Oildale Drive: 4,731 ADT Demographics (1-mile radius) - Population: 22,010 - Households: 7,954 - Daytime employees: 2,996 - Median household income: $45,087 - Population growth 2025-2030: 1.82% projected Demographics (3-mile radius) - Population: 71,688 - Daytime employees: 41,901 - Median household income: $51,958 SUBMARKET CONDITIONS North Bakersfield's 2-to-4 Star submarket is tightening. Per CoStar: - Submarket vacancy: 4.8%, down 5.4% YoY - Trailing 12-month leasing absorption: 20,000 SF - Trailing 12-month sales volume: $6.32M, up from $1.7M prior year OPPORTUNITY ZONE The parcels sit within a Federally Designated Qualified Opportunity Zone. Capital gains invested through a Qualified Opportunity Fund may qualify for federal tax benefits including deferral of existing gains and potential exclusion of new appreciation on long-term holdings. OZ regulations and structuring requirements are subject to change; consult qualified tax counsel. DISCLOSURE All information has been obtained from sources deemed reliable, including Kern County public records, CoStar, and seller representations, but has not been independently verified by the listing broker. Pro-forma cap rate is based on stated assumptions and does not reflect actual operating results. Buyer to conduct independent due diligence including property inspection, environmental review, zoning verification, title review, financial review, and legal counsel. Contact listing broker for tour and offer instructions.