$2,000,000 USD
661-805-0556
2605 Hosking Ave
Bakersfield, CA 93313
South Bakersfield
HIGHLIGHTS
- New Taco Bell / Corporate Guarantee / 20yr Lease / Aabsolute NNN / No Early Termination clause
- $85,000 annual NNN Income / 10% Increase May 2028
- Signalized Hard Corner at new Hwy. 99 on/off ramp / 82,000ADT at Hwy 99 at Hosking Ave Interchange
- New construction in 2023
- High Growth / SW Bakersfield Trade Area Location
- 70' Freeway Pylon signage
OVERVIEW
* New Taco Bell 20yr Ground Lease w Corporate Guarantee
* $85,000 Annual NNN Income - 10% increase May 15, 2028
* New construction in 2023 with drive thru
* No Early Termination Right
* Signalized Hard Corner location at new Hwy 99 on/off ramp
* 70’ Freeway Pylon Sign
* High Traffic Location / Over 78,000ADT on Hwy 99 at Hosking Interchange
* High Growth / SW Bakersfield Trade Area location
FOR SALE DETAILS
PRICE
$2,000,000 USD
PRICE/SF
$800 USD /SF
CAP RATE
4.25%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
ON GROUND LEASE
Yes
BUILDING DETAILS
PROPERTY NAME
Taco Bell 20yr NNN Ground Lease offering
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Fast Food, Freestanding, Restaurant
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2023
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.62 AC
LAND SF
27,007 SF
ZONING
C2-PD
APN/PARCEL ID
514-900-01-00-0
ASK ABOUT THIS PROPERTY
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661-805-0556
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661-805-0556
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