2658 Mount Vernon Ave Bakersfield, CA
Call to check price and availability
Multi-tenant restaurant property with long-term leases and strong rent growth.
Type:RETAIL
Property size:
3,982 SFLot size:
1.08 AcresPrice / SF:
$888/SF- Added:
- Apr 8, 2025
- Days on Market:
- 384
- Last Refresh:
- Apr 5 at 11:03 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
Listing agent Ryan Sompayrac
Listing office Sands Investment Group (SIG) - Corporate (844) 474-4666
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
Overview
Bakersfield Multi-Tenant Restaurant Investment
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
Insight Report
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
Location Insight
- Map
- Local Demand
- City
- Bakersfield
- County
- Kern
- State
- California
- Longitude
- -118.968
- Latitude
- 35.393
Nearby Similar for Sale
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)
