$8,937,062 USD
858-351-4027
2705 S H St
Bakersfield, CA 93304
Wible Orchard
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
$8,937,062 USD
PRICE/SF
$194 USD /SF
CAP RATE
7%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Vallarta Supermarkets
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Supermarket
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1985
SPRINKLERS
-
PARKING SPACES
150
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
C-2
APN/PARCEL ID
023-291-28-00-1
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858-351-4027
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858-351-4027
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
