For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Bakersfield Multi-Tenant Restaurant Investment Title is generated by Realmo AI

    2658 Mount Vernon Ave, Bakersfield, CA

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Multi-tenant restaurant property with long-term leases and strong rent growth.

    Type:RETAIL
    Property size:
    3,982 SF
    Lot size:
    1.08 Acres
    Price / SF:
    $888/SF
    Added:
    Apr 8, 2025
    Days on Market:
    429
    Last Refresh:
    May 20 at 8:36 pm

    Property Features for 2658 Mount Vernon Ave

    General Information

    Standard status
    Active
    Size
    3,982 SF
    Lot size
    1.08 Acres
    Property subtype
    RETAIL

    We can help!

    Listing Contact
    Ryan Sompayrac
    Ryan Sompayrac

    Listing agent Daniel Hoogesteger License #CA 01387583

    Listing office Sands Investment Group (SIG) - Corporate

    Listing date Apr 8, 2025

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Sands Investment Group (SIG) - Corporate

    HighLights

    • Multi‑tenant NNN restaurant property with internet & recession‑resistant tenants
    • Strong rental increases providing a hedge against inflation (2% annual/Love Sushi, 10% every 5 years/Urbane Cafe)
    • Long‑term leases in place (approximately 9 years remaining on Love Sushi and 6 years remaining on Urbane Cafe)
    • Located adjacent to a high‑performing Smart & Final and other strong retailers
    • New construction completed in 2018
    • High traffic location with direct frontage and exposure, accessible from Interstate 178 and a signalized intersection

    Overview

    This multi-tenant restaurant property is located in Bakersfield, California. Constructed in 2018, the property features Urbane Cafe and Love Sushi, offering internet and recession-resistant tenants with long-term leases. Urbane Cafe includes 10% increases every 5 years, and Love Sushi has 2% annual increases. The property is adjacent to a high-performing Smart & Final grocery store and other retailers. The triple net (NNN) leases feature 4% management fees. The property is a pad building to a 100% leased shopping center. Anchored by Smart & Final, Chipotle, Flame Broiler, and Ono Hawaiian, the tenant line-up is 100% restaurant-based. Urbane Cafe has 23 locations across California. Love Sushi is a regional family-run sushi restaurant with multiple locations within the Bakersfield area. The property is located at the signalized intersection of Mall View Road and Mt Vernon Avenue, which sees 29,789 vehicles per day, and offers direct frontage and exposure with four points of egress and ingress. It has immediate access off Interstate 178 (47,206 VPD) with on and off-ramp visibility and pylon signage along Interstate 178. Love Sushi has approximately 9 years remaining on its lease, and Urbane Cafe has 6 years remaining.
    Property Profile Location Intelligence

    Current Use by Public Records

    Helvie Richard E ... Physician Primo Water Refill Big Box & Wholesale Store Love Sushi Restaurant Urbane Cafe Take-out & Catering

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bakersfield
    County
    Kern
    State
    California
    Longitude
    -118.968
    Latitude
    35.393

    FAQs

    What type of property is this?
    Restaurant - Multi-tenant restaurant property with long-term leases and strong rent growth.
    Where is this restaurant located?
    The property is located at 2658 Mount Vernon Ave Bakersfield, CA.
    What is the asking price?
    The asking price for this property is $3,537,000.
    What are key features of this property?
    This property features: Multi‑tenant NNN restaurant property with internet & recession‑resistant tenants; Strong rental increases providing a hedge against inflation (2% annual/Love Sushi, 10% every 5 years/Urbane Cafe); Long‑term leases in place (approximately 9 years remaining on Love Sushi and 6 years remaining on Urbane Cafe)
    (844) 474-4666 Call to check price and availability
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message