2309 Niles Pt - Supermarket FOR SALE
Bakersfield, CA 93306 |
2309 Niles Pt
Bakersfield, CA 93306
HIGHLIGHTS
- Ideal Demographics: Bakersfield’s Hispanic population makes up 53.6% of residents, an ideal customer base for Vallarta’s specialty grocery format.
- Consistent, Passive Income Stream: The absolute NNN fee simple structure provides reliable, passive income with zero landlord responsibilities.
- High-Performing Location: This store ranks as the 14th best-performing Vallarta in the chain attracting an average of 40,677 monthly visitors.
- High-Visibility Location: Positioned at the intersection of Niles St and Mt Vernon Ave, a signalized intersection.
- Recession-Resistant Tenant: Vallarta Supermarkets, a leading regional grocer with 60+ California locations.
- First Time on Market in Nearly 15 Years: Tenant recently exercised a new 5-year lease extension, demonstrating commitment to the site.
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
Vallarta Supermarkets
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Supermarket
TOTAL BUILDING SIZE
31230
STORIES
1
YEAR BUILT
1967
SPRINKLERS
-
PARKING SPACES
106
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
137-400-21-00-4,137-400-22-00-7,137-530-14-00-2,137-541-01-00-4,137-541-02-00-7
