3820 Coffee Rd - Storefront Retail/Office FOR SALE


Bakersfield, CA 93308- Fruitvale
$3,650,000 USD
661-836-2345
3820 Coffee Rd, Bakersfield, CA for Sale
$3,650,000 USD
Storefront Retail/Office - FOR SALE
1/78
null | 5.4% Cap Rate

3820 Coffee Rd
Bakersfield, CA 93308
Fruitvale


HIGHLIGHTS

  • NNN tenant who has been in business over 30 years locally.
  • only 2 years in to the first 10 year term
  • tenant invested heavily in their own tenant improvements.

OVERVIEW

Prime investment opportunity at one of Bakersfield’s most desirable intersections—Coffee Road and Meany Avenue—with a combined traffic count nearing 40,000 ADDT. This impressive commercial property spans over 9,000 square feet on a 1.33+ acre C-2 zoned lot. Built in 2006 originally as four suites, it is currently occupied by long-standing local business, Ladies & Gents Bridal, entering year 3 of their initial 10-year NNN lease with built-in annual rent increases and two (5-year) options to extend. Strong tenant, strong location, and strong lease terms combine to make this an exceptional cash-flowing asset. Whether you're seeking stability or long-term upside, this building delivers both.

FOR SALE DETAILS

PRICE

$3,650,000 USD

PRICE/SF

$400 USD /SF

CAP RATE

5.4%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.34 AC

LAND SF

58,370 SF

ZONING

C-2

APN/PARCEL ID

452-180-25-00-1

ASK ABOUT THIS PROPERTY

Adam BelterColdwell Banker PreferredMore Info
661-836-2345

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

Adam BelterColdwell Banker PreferredMore Info
661-836-2345

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