$17,040,000 USD
844-585-7684
3412-3690 Ming Ave
Bakersfield, CA 93309
Wible Orchard
HIGHLIGHTS
- 87% Occupied, 83,988-Square-Foot Neighborhood Shopping Center with High-Quality National Anchors; Long-Term Historical Occupancy
- T.J. Maxx (NYSE: TJX; S&P; A; Investment Grade)
- Guitar Center (Top 2% Nationwide; Top 8% in California - Placer.ai)
- O’Reilly Auto Parts (NASDAQ: ORLY)
- Value-Add Opportunity: The asking price at a 7.00% cap rate is based entirely on in-place income
- QSR Drive-Thru Pad Redevelopment: An alternative to leasing the vacant spaces
FOR SALE DETAILS
PRICE
$17,040,000 USD
PRICE/SF
$263 USD /SF
CAP RATE
7%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Valley Village Shopping Center
PROPERTY TYPE
Retail
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1982
SPRINKLERS
-
PARKING SPACES
250
LAND DETAILS
CROSS STREETS
Ming Ave. & Akers Rd.
LAND ACRES
7.19 AC
LAND SF
313,196 SF
ZONING
C-2
APN/PARCEL ID
164-102-29-00-3
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844-585-7684
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844-585-7684
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