2705 S H St - Supermarket FOR SALE
Bakersfield, CA 93304 |
2705 S H St
Bakersfield, CA 93304
HIGHLIGHTS
- 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 4th best-performing Vallarta in the chain and the 3rd highest in Bakersfield.
- Ideal demographics: Bakersfield’s Hispanic population makes up 53.6% of residents, an ideal customer base for Vallarta’s specialty grocery format.
- Recession-resistant tenant: Vallarta Supermarkets, a leading regional grocer with 60+ California locations.
- Investor-friendly market: Bakersfield’s population has grown to more than 418,000.
- 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
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Vallarta Supermarkets
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Supermarket
TOTAL BUILDING SIZE
46050
STORIES
1
YEAR BUILT
1985
SPRINKLERS
-
PARKING SPACES
150
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
023-291-28-00-1
