12006 Highway 178, Lake Isabella, CA 93240
A Dollar General retail building on an absolute NNN lease structure for hands-off ownership.
- Added:
- Jun 8, 2026
- Days on Market:
- 13
- Last Refresh:
- Jun 20 at 6:38 am
Property Features for 12006 Highway 178
General Information
- Standard status
- Active
- Size
- 9,142 SF
- Lot size
- 1.42 Acres
- Property subtype
- Retail, Office, Industrial
Building Details
- Year Built
- 2014
Listing agent Joe Shamoun License #6505433330
Listing office Elevate Net Lease
Listing date Jun 8, 2026
Source Crexi
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 Elevate Net Lease
HighLights
- 9,142 SF Dollar General retail building built in 2014
- Situated on 1.42 acres in Lake Isabella, California
- Absolute NNN lease structure with no landlord responsibilities
- 7.5% cap rate cited in the listing
- Serves 7,310 residents within a 5‑mile radius
Overview
The asset is located in Lake Isabella, California, near Bakersfield, within an established Central California trade area. Public remarks indicate service to 7,310 residents within a five-mile radius and cite a location ranking in the 74th percentile nationally on Alpha Maps. The property is offered as a for-sale investment tied to the existing tenant arrangement.
For buyers evaluating a long-term retail net lease format, this offering combines a dedicated retail building with an absolute NNN structure as described in the materials. The unit’s configuration supports the continued operation of a discount retail concept under the current lease terms, aligning with investors seeking a clearly defined tenant-responsibility structure.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $137.1k | $15.00 |
| − Vacancy | −$8.1k | −$0.89 |
| EGI | $129.0k | $14.11 |
| − OpEx | −$38.7k | −$4.23 |
| NOI | $90.3k | $9.88 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Lake Isabella
- County
- Kern
- State
- California
- Longitude
- -118.411272
- Latitude
- 35.64179
