2800 River Blvd, Bakersfield, CA
Retail property with abundant parking, excellent access and visibility.
- Added:
- Dec 23, 2021
- Days on Market:
- 1629
- Last Refresh:
- May 20 at 9:55 pm
Property Features for 2800 River Blvd
General Information
- Standard status
- Active
- Size
- 12,000 SF
- Lot size
- 1.00 Acres
- Property subtype
- RETAIL
Listing agent Wesley M. McDonald
Listing office ASU Commercial (661) 885-6949
Listing date Dec 23, 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 ASU Commercial
HighLights
- Excellent access & visibility
- Abundant parking
- Northeast Bakersfield location
- Pylon signage
Overview
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 | $172.8k | $14.40 |
| − Vacancy | −$8.6k | −$0.72 |
| EGI | $164.2k | $13.68 |
| − OpEx | −$49.2k | −$4.10 |
| NOI | $114.9k | $9.58 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Bakersfield
- County
- Kern
- State
- California
- Longitude
- -118.986
- Latitude
- 35.399
