7-Eleven NNN
For Sale
Contact for pricing
3698 Ming Ave, Bakersfield, CA 93309
New lease provides a 15-year initial term, scheduled increases, and three renewal options.
Property SizeContact for details
Days on Market145
Property Features for 3698 Ming Ave
General Information
Standard status
Active
Property subtype
Retail
Building Details
Tenancy
Single
Listing Agency:
Hanley Investment Group
Listed By:
Jeremy McChesney · License #CA 01303748
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Aug 31 at 1:42AM
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 Hanley Investment Group
Investment Insights
Based on property information with market context.
This NNN property is leased to 7-Eleven under a newly established 15-year term. The tenant carries an S&P AA- credit rating, providing a clearly identified lease counterparty for the asset. Contractual rent increases occur at 10% intervals every 5 years during the initial term, with three additional 5-year options that also include 10% increases. The lease places structural responsibilities with the landlord, while the NNN structure defines the broader operating arrangement. The property is located at 3698 Ming Ave in Bakersfield, California.
Key Highlights
- 7‑Eleven is identified as an S&P AA- rated credit tenant
- New 15‑year lease term
- Three 5‑year renewal options
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,161
Businesses Nearby
606k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 41%
Dining 21%
Apparel 21%
Home Improvements & Furnishings 9%
The Home Depot
Home Improvements & Furnishings
49,722 visits/mo
0.3 miles
T.J. Maxx
Apparel
44,183 visits/mo
0.2 miles
Marshalls
Apparel
41,371 visits/mo
0.5 miles
dd's DISCOUNTS
Shops & Services
38,585 visits/mo
0.1 miles
Texas Roadhouse
Dining
33,948 visits/mo
0.4 miles
Demographics for 93309, CA
61,079
Population
23,546
Households
2.6
Avg Household Size
33
Median Age
20%
College-Educated
83%
High-School Grad
10.5 sq mi
ZIP Area
5,817
Density / Sq Mi
$62,143
Median Household Income
$36,281
Median Earnings
$1,268
Median Rent
$286,600
Median Home Value
Market
Vacancy Rate% for Retail in Bakersfield, CA
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
NNN property - New lease provides a 15-year initial term, scheduled increases, and three renewal options.
Where is this nnn property located?
The property is located at 3698 Ming Ave Bakersfield, CA.
What are key features of this property?
This property features: 7‑Eleven is identified as an S&P AA- rated credit tenant; New 15‑year lease term; Three 5‑year renewal options
