3601 Ming Ave - Freestanding FOR SALE


Bakersfield, CA 93309- Wible Orchard
$3,495,000 USD
661-932-6677
3601 Ming Ave, Bakersfield, CA for Sale
$3,495,000 USD
Freestanding - FOR SALE
1/35
null | 7.18% Cap Rate

3601 Ming Ave
Bakersfield, CA 93309
Wible Orchard


HIGHLIGHTS

  • Newere Rebuilt Trophy Property
  • Great Visibility and Retail Synergy
  • Ample On Site Parking

OVERVIEW

Whether it is for Investment purposes only or a hybrid of investment and use for your business, this is truly a trophy retail property in Bakersfield. comprised of over 15,000 sq ft of prime retail space re-built in 2015 on almost an acre of land on Ming with ample on site parking and great retail synergy, this is the property to own if investing in Bakersfield. The above cap rate is calculated based on Base Rent of 10,200 for Suite B NNN. The Base Term for Hustler Hollywood expires in March 2016. The lessee has two fie year options with a 10% increase in base rent for each option. Hustler Hollywood has a first right of refusal to purchase the property.

FOR SALE DETAILS

PRICE

$3,495,000 USD

PRICE/SF

$233 USD /SF

CAP RATE

7.18%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Two Tenant Trophy Retail

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1973

SPRINKLERS

-

PARKING SPACES

65

LAND DETAILS

CROSS STREETS

Real Rd

LAND ACRES

0.97 AC

LAND SF

42,253 SF

ZONING

C2, Bakersfield

APN/PARCEL ID

440-131-10-00-2

ASK ABOUT THIS PROPERTY

Jason MossMoss Real EstateMore Info
661-932-6677

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Jason MossMoss Real EstateMore Info
661-932-6677

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