Sundial Plaza Retail Investment
2901 Brundage Ln, Bakersfield, CA 93304
For Sale
Contact for pricing
Retail property in Kingsville, TX with NN lease.
Property Size2,712 SF
Price / SF$331.86
Days on Market275
Property Features for 2901 Brundage Ln
General Information
Standard status
Size
Property subtype
Occupancy
Lease Type
Investment Type
Net Operating Income
Building Details
Year Built
Tenancy
Listing Agency:
Trinity Real Estate Investment Services
Listed By:
Austin Walsh · License TX #817943
(817) 658-3100
Source:
Crexi
Added: Feb 10
Changed: Oct 26
Last Checked: Nov 10 at 5:55AM
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 Trinity Real Estate Investment Services
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Sundial Plaza is a retail property located in Kingsville, TX. The property features an NN lease with over 4 years remaining on the current term. The lease includes attractive annual rent increases of $1,200. The property size is 2,712 square feet.
Key Highlights
- NN lease in place, providing a stable investment.
- Over 4 years remaining on the current lease term.
- Attractive $1,200 annual rent increases.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,970
Cap Rate
2.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$519,400
$519.4K
Cap Rate 7%
$371,000
$371.0K
Cap Rate 9%
$288,556
$288.6K
Market Conditions
NOI Build-Up for 2,712 SF
Gross rent
$39.1K $14.40/SF
− Vacancy
−$2.0K −$0.72/SF
EGI
$37.1K $13.68/SF
− OpEx
−$11.1K −$4.10/SF
NOI
$26.0K $9.58/SF
Area
Bakersfield, CA
Vacancy
5.00%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$519,400
Cap Rate 7%
$371,000
Cap Rate 9%
$288,556
Alternative Uses
Best Use
Retail
$371.0K
$324.6K – $432.8K
NOI $25,970 @ 7.0% cap · market cap 2.89%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$719.7K
$629.7K – $839.6K
NOI $50,378 @ 7.0% cap · market cap 5.60%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
782
Businesses Nearby
47k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 45%
Groceries 33%
Shops & Services 18%
Hotels & Casinos 2%
Dollar General Market
Groceries
15,735 visits/mo
0.2 miles
KFC
Dining
11,631 visits/mo
0.2 miles
Wienerschnitzel
Dining
6,809 visits/mo
0.3 miles
Family Dollar
Shops & Services
5,948 visits/mo
0.4 miles
Domino's Pizza
Dining
2,887 visits/mo
0.4 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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Bakersfield, CA
Similar Off Market Nearby
- Lafayette Village — 1002 Wible Rd, Bakersfield, CA 93304
- Brundage Square Medical Center — 2207 Brundage Ln, Bakersfield, CA 93304
- SUNNIES BOUTIQUE — 2207 Brundage Ln d3, Bakersfield, CA 93304
- The Village Center Shopping Center — 2310 Brundage Ln, Bakersfield, CA 93304
Frequently Asked Questions
What type of property is this?
Shopping center - Retail property in Kingsville, TX with NN lease.
Where is this shopping center located?
The property is located at 2901 Brundage Ln Bakersfield, CA.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: NN lease in place, providing a stable investment.; Over 4 years remaining on the current lease term.; Attractive $1,200 annual rent increases.
