258 Bernard St - Freestanding FOR SALE


Bakersfield, CA 93305- La Cresta/Alta Vista
$5,200,000 USD
202-286-1542
258 Bernard St, Bakersfield, CA for Sale
$5,200,000 USD
Freestanding - FOR SALE
1/5
null | 6.75% Cap Rate

258 Bernard St
Bakersfield, CA 93305
La Cresta/Alta Vista


HIGHLIGHTS

  • 13-Year Operating History | 2+ Years Remaining | Corporate Guaranteed | Options to Extend
  • NNN Leased | Fee Simple Ownership | Limited Landlord Responsibilities
  • Dense Retail Corridor | Signalized, Hard Corner Intersection | High Traffic Counts | Excellent Visibility & Access
  • Local Demographics In 5-mile Trade Area

OVERVIEW

• Dollar General Market has operated at this location for 10 years and has 2+ years remaining on their current lease • The lease offers three (5-year) options to extend, with 10% rental increases at the beginning of each option period • The lease is corporate guaranteed by Dollar General, Corp., an investment grade (S&P: BBB), nationally recognized, and an established discount store with more than 20,900 location as of October 31, 2025

FOR SALE DETAILS

PRICE

$5,200,000 USD

PRICE/SF

$276 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General Market - Bakersfield CA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1952

SPRINKLERS

-

PARKING SPACES

66

LAND DETAILS

CROSS STREETS

Alta Vista Drive

LAND ACRES

2 AC

LAND SF

87,120 SF

ZONING

C-1

APN/PARCEL ID

124-110-22-00-9

ASK ABOUT THIS PROPERTY

Andrew FallonSRS Real Estate PartnersMore Info
202-286-1542

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Andrew FallonSRS Real Estate PartnersMore Info
202-286-1542

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.