Albertsons NNN Investment
For Sale
Contact for pricing
Pending
1044 Kern St, Taft, CA 93268
NNN Albertsons in Taft, CA with corporate guarantee.
Property Size43,056 SF
Days on Market102
Property Features for 1044 Kern St
General Information
Standard status
Pending
Size
43,056 SF
Property subtype
Retail
Listing Agency:
REZA Investment Group
Listed By:
Aaron Bettencourt · License #CA 01194991
Source:
Crexi
Added: May 27
Changed: Sep 4
Last Checked: Aug 28 at 2:36PM
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 REZA Investment Group
Investment Insights
Based on property information with market context.
This is an opportunity to acquire a fee simple interest in a corporate guaranteed Albertsons investment property in Taft, California, part of the Bakersfield MSA. Albertsons LLC, the tenant, recently extended its lease for 8 years, with 6 options to extend for 5 years each. The lease is NNN, which minimizes landlord responsibilities. The property has been a grocery store since 1986. Albertsons Companies operates a grocery platform with over 2,200 stores across 35 states under more than 20 banners, including Albertsons, Safeway, and Vons. The subject property anchors Taft Hills Plaza, a retail center of over 96,000 square feet that serves as the primary shopping destination for the community and attracts over 1.6 million annual visits. The property is located on Kern Street (9,400 VPD), with access to Highway 33, also known as the ‘Petroleum Highway,’ which connects travelers throughout California and employees in the oil and gas industry. The plaza includes tenants like Subway and Anytime Fitness, and outparcels such as Jack in the Box, Starbucks, and AutoZone. The property is directly adjacent to Taft College, which provides a consumer base of over 4,000 students. Taft is located 35 miles West of Bakersfield.
Key Highlights
- NNN lease with corporate guarantee from Albertsons (NYSE: ACI) for a stable, low‑management investment.
- Recently extended Albertsons lease for 8 years with 6 (5‑year) options, showing long‑term commitment.
- Grocery anchor to Taft Hills Plaza, a 96K+ square foot retail center attracting 1.6 million annual visits.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
521
Businesses Nearby
96k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 51%
Shops & Services 23%
Groceries 23%
Electronics 3%
Albertsons
Groceries
21,641 visits/mo
0.1 miles
McDonald's
Dining
13,994 visits/mo
0.2 miles
Fastrip
Shops & Services
11,498 visits/mo
0.3 miles
Jack in the Box
Dining
11,350 visits/mo
0.1 miles
Starbucks
Dining
10,690 visits/mo
0.1 miles
Demographics for 93268, CA
18,502
Population
6,289
Households
2.9
Avg Household Size
32
Median Age
9%
College-Educated
74%
High-School Grad
68.1 sq mi
ZIP Area
272
Density / Sq Mi
$55,473
Median Household Income
$28,563
Median Earnings
$998
Median Rent
$225,000
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Grocery Outlet — 877 Supply Row, Taft, CA 93268
- Albertsons — 1044 Kern St, Taft, CA 93268
- Save-A-Lot — 521 Finley Dr, Taft, CA 93268
- SaveMore — 521 Finley Dr, Taft, CA 93268
- Jalisco Meat Market — 368 Harrison St, Taft, CA 93268
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - NNN Albertsons in Taft, CA with corporate guarantee.
Where is this grocery and convenience store located?
The property is located at 1044 Kern St Taft, CA.
What are key features of this property?
This property features: NNN lease with corporate guarantee from Albertsons (NYSE: ACI) for a stable, low‑management investment.; Recently extended Albertsons lease for 8 years with 6 (5‑year) options, showing long‑term commitment.; Grocery anchor to Taft Hills Plaza, a 96K+ square foot retail center attracting 1.6 million annual visits.
