8011 E Brundage Ln - Restaurant FOR SALE


Bakersfield, CA 93307- Outer East Bakersfield
$2,260,000 USD
602-922-3427
8011 E Brundage Ln, Bakersfield, CA for Sale
$2,260,000 USD
Restaurant - FOR SALE
1/3
null | 6.8% Cap Rate

8011 E Brundage Ln
Bakersfield, CA 93307
Outer East Bakersfield


HIGHLIGHTS

  • 20-Year Sale Lease-back with an experienced, multi-unit franchisee who operates across Southern California with proven success.
  • Ranked top 90% percentile nationally per AlphaMaps.
  • Single Tenant Denny’s investment opportunity featuring an absolute triple-net (NNN) lease, subject to 9% rental increases every 5 years,
  • The tenant is responsible for paying taxes, insurance, and maintenance, providing complete passive ownership.
  • Positioned north of Highway 58 and Highway 184, reporting nearly ±55,000 vehicles per day, providing seamless connectivity to greater Bakersfield
  • This high-traffic location is near national retailers like Walmart, Jack in the Box, Starbucks, McDonald’s, Panda Express, Subway, Shell, Taco Bell,

OVERVIEW

Broker of Record David Harrington License No. 02168060 (CA) (866) 889-0550 Matthews Real Estate Investment Services, Inc 2321 Rosecrans Ave., Suite 1225, El Segundo, CA 90245

FOR SALE DETAILS

PRICE

$2,260,000 USD

PRICE/SF

$514 USD /SF

CAP RATE

6.8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Denny's

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2002

SPRINKLERS

-

PARKING SPACES

60

LAND DETAILS

LAND ACRES

1.02 AC

LAND SF

44,431 SF

ZONING

M2

APN/PARCEL ID

173-020-20-00-5

ASK ABOUT THIS PROPERTY

Zach StevensMatthews Real Estate Investment ServicesMore Info
602-922-3427

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Zach StevensMatthews Real Estate Investment ServicesMore Info
602-922-3427

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