Family Dollar Grocery
For Sale
Contact for pricing
Pending
2151 S Chester Ave, Bakersfield, CA 93304
Renovated retail building with adjacent excess land and General Commercial zoning.
Property SizeContact for details
Days on Market143
Property Features for 2151 S Chester Ave
General Information
Standard status
Pending
Property subtype
Retail
Listing Agency:
Marcus & Millichap - Los Angeles
(213) 943-1781
Listed By:
Ara Rostamian · License #CA 01814678
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Aug 30 at 8:30PM
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 Marcus & Millichap - Los Angeles
Investment Insights
Based on property information with market context.
This single-tenant Family Dollar property occupies approximately 1.56 Acres and includes adjacent excess land totaling 56,192 Sq.Ft. The building dates to 1956 and underwent a renovation in 2012 for Family Dollar occupancy. Family Dollar, Inc. is the lease tenant, with 3+ years remaining on its exercised option and four additional 5-year options carrying 10% rental-income increases.
The property is located at 2151 S Chester Ave and 2211 South Chester Avenue near Wilson Rd. and Chester Ave. Daily traffic exceeds 23,000 cars per day. Public-record zoning includes General Commercial and a partial High Medium Residential designation. Placer.ai ranks this as the #1 Family Dollar location within a 5-mile radius among 4 closest locations, and the property is identified as the only Family Dollar east of Golden State Hwy 99 and Highway 58.
The property is located at 2151 S Chester Ave and 2211 South Chester Avenue near Wilson Rd. and Chester Ave. Daily traffic exceeds 23,000 cars per day. Public-record zoning includes General Commercial and a partial High Medium Residential designation. Placer.ai ranks this as the #1 Family Dollar location within a 5-mile radius among 4 closest locations, and the property is identified as the only Family Dollar east of Golden State Hwy 99 and Highway 58.
Key Highlights
- Approximately 1.56 Acres with adjacent excess land totaling 56,192 Sq.Ft.
- Family Dollar, Inc. corporate lease with 3+ years remaining on its exercised option
- Four additional 5‑year options, each with a 10% rental‑income increase
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
444
Businesses Nearby
59k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 85%
Home Improvements & Furnishings 15%
Fastrip
Shops & Services
24,668 visits/mo
0.4 miles
Floyd's General Store
Home Improvements & Furnishings
8,844 visits/mo
0.1 miles
Family Dollar
Shops & Services
7,296 visits/mo
0.1 miles
Dollar General
Shops & Services
6,997 visits/mo
0.4 miles
Valero Energy
Shops & Services
6,447 visits/mo
0.3 miles
Demographics for 93304, CA
50,837
Population
16,380
Households
3.1
Avg Household Size
31
Median Age
11%
College-Educated
71%
High-School Grad
7.5 sq mi
ZIP Area
6,778
Density / Sq Mi
$51,627
Median Household Income
$31,562
Median Earnings
$1,141
Median Rent
$228,800
Median Home Value
Market
Vacancy Rate% for Retail in Bakersfield, CA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Renovated retail building with adjacent excess land and General Commercial zoning.
Where is this grocery and convenience store located?
The property is located at 2151 S Chester Ave Bakersfield, CA.
What are key features of this property?
This property features: Approximately 1.56 Acres with adjacent excess land totaling 56,192 Sq.Ft.; Family Dollar, Inc. corporate lease with 3+ years remaining on its exercised option; Four additional 5‑year options, each with a 10% rental‑income increase
