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Bakersfield Retail Investment Opportunity

2630 Mt Vernon Ave, Bakersfield, CA

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For Sale

Contact for pricing

Retail building with long-term leases and scheduled rent increases.

Type:RETAIL

Property size:

5,600 SF

Lot size:

0.81 Acres

Price / SF:

$1,053/SF

HighLights

Retail building investment opportunity.
Strong 10% rental increase every 5 years.
Approximately 7‑8 years remaining on each lease.
Next rental increase within 2‑3 years.

We can help!

Listing Contact

Daniel Hoogesteger

For Sale

Contact for pricing

Retail building with long-term leases and scheduled rent increases.

Type:RETAIL

Property size:

5,600 SF

Lot size:

0.81 Acres

Price / SF:

$1,053/SF

Added:: Jan 11, 2021
Days on Market:: 1981
Last Refresh:: May 20 at 8:46 pm

Property Features for 2630 Mt Vernon Ave

General Information

Standard status: Active
Size: 5,600 SF
Lot size: 0.81 Acres
Property subtype: RETAIL

We can help!

Listing Contact

Daniel Hoogesteger

Listing agent Daniel Hoogesteger License #CA 01387583

Listing office Sands Investment Group (SIG) | Fort Lauderdale

Listing date Jan 11, 2021

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) | Fort Lauderdale

HighLights

Retail building investment opportunity.
Strong 10% rental increase every 5 years.
Approximately 7‑8 years remaining on each lease.
Next rental increase within 2‑3 years.

Overview

This retail building presents an investment opportunity with approximately 7 to 8 years remaining on each lease. The leases include a provision for a 10% rental increase every 5 years, with the next increase scheduled within 2 to 3 years. The property is located at 2630 Mt Vernon Ave, Bakersfield, CA and has a size of 5,600 square feet.

Property Profile Location Intelligence

Current Use by Public Records

Chipotle Mexican Grill Restaurant Ono Hawaiian BBQ Restaurant Chipotle Restaurant Flame Broiler Restaurant

Suggested Use

Location Insight

Map
Local Demand

City: Bakersfield
County: Kern
State: California
Longitude: -118.968
Latitude: 35.3923

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For sale
Retail space
CA
Bakersfield
2630 Mt Vernon Ave

What type of property is this?

Retail space - Retail building with long-term leases and scheduled rent increases.

Where is this retail space located?

The property is located at 2630 Mt Vernon Ave Bakersfield, CA.

What is the asking price?

The asking price for this property is $5,900,000.

What are key features of this property?

This property features: Retail building investment opportunity.; Strong 10% rental increase every 5 years.; Approximately 7‑8 years remaining on each lease.

2630 Mt Vernon Ave, Bakersfield, CA

Retail building with long-term leases and scheduled rent increases.

Property Features for 2630 Mt Vernon Ave

General Information

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Remodeled Multi-Suite Automotive Building

Bakersfield Restaurant with Expansion Potential

Bakersfield Commercial Property For Sale

Bakersfield Commercial Property with Solar

Bakersfield Commercial Property For Sale

Two-Suite Office Building

Fourplex Residential Income Property

Turnkey RCFE Facility in Bakersfield

Bakersfield Multifamily Investment Opportunity

Bakersfield Commercial Property For Sale

Bakersfield Commercial Property For Sale

Versatile Commercial Space on California

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