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Jack in the Box NNN Property

2955 N Chester Avenue, Bakersfield, CA 93308

For Sale
Contact for pricing

The absolute NNN lease includes a corporate guaranty and runs through October 10, 2034.

Property SizeContact for details
Days on Market25

Property Features for 2955 N Chester Avenue

General Information

Standard status Active
Property subtype Retail

Additional Details

Tenant in Place Yes
Listing Agency: JBL Commercial Group, Inc
Listed By: James Lundy · License #01009217
Source: Crexi
Added: Oct 16 Changed: Nov 8 Last Checked: Nov 8 at 2:32PM

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 JBL Commercial Group, Inc

Rey
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Investment Insights

Based on property information with market context.

This Jack in the Box property in Bakersfield is subject to an absolute NNN corporate lease, backed by a guaranty from Jack in the Box, Inc. The lease term ends October 10, 2034, with 10% rent increases every five years and four additional five-year renewal options. The property is in a Walmart Neighborhood Market shopping center on Chester Avenue, with monument signage facing the street.

Key Highlights

  • Absolute NNN lease with a corporate guaranty from Jack in the Box, Inc.
  • Lease term ends October 10, 2034
  • 10% rent increases every five years

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Jack in the Box Restaurant

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Hair Salon Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

339
Businesses Nearby
134k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 36% Groceries 35% Shops & Services 29%
Walmart Neighborhood Market Groceries
46,639 visits/mo 0.0 miles
Dollar General Shops & Services
20,609 visits/mo 0.5 miles
Taco Bell Dining
18,264 visits/mo 0.4 miles
Jack in the Box Dining
10,833 visits/mo 0.1 miles
Chase Bank Shops & Services
8,414 visits/mo 0.4 miles

Demographics for 93308, CA

56,037
Population
21,443
Households
2.6
Avg Household Size
35
Median Age
18%
College-Educated
84%
High-School Grad
344.6 sq mi
ZIP Area
163
Density / Sq Mi
$59,511
Median Household Income
$39,676
Median Earnings
$1,260
Median Rent
$298,000
Median Home Value
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Market

Vacancy Rate% for Retail in Bakersfield, CA

8.3% 2019
6.7% 2020
6.3% 2021
5.1% 2022
5.2% 2023
6.2% 2024
7.2% 2025

Frequently Asked Questions

What type of property is this?
NNN property - The absolute NNN lease includes a corporate guaranty and runs through October 10, 2034.
Where is this nnn property located?
The property is located at 2955 N Chester Avenue Bakersfield, CA.
What is the asking price?
The asking price for this property is $1,910,526.
What are key features of this property?
This property features: Absolute NNN lease with a corporate guaranty from Jack in the Box, Inc.; Lease term ends October 10, 2034; 10% rent increases every five years
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