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Home Depot Retail Space

4001 Ming Avenue, Bakersfield, CA 93309

For Sale
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A single tenant occupies the property under a ground lease with scheduled increases and renewal options.

Property SizeContact for details
Days on Market43

Property Features for 4001 Ming Avenue

General Information

Standard status Active
Property subtype Retail

Tenancy & Operations

Currently Operating Yes
Tenant in Place Yes

Building Details

Tenancy Single
Listing Agency: JLL - Irvine (Orange County), California
Listed By: Jeffrey Cicurel · License #SL3541410
Source: Crexi
Added: Sep 28 Changed: Nov 8 Last Checked: Nov 8 at 4:03PM

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 JLL - Irvine (Orange County), California

Rey
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Investment Insights

Based on property information with market context.

The retail property at 4001 Ming Avenue in Bakersfield is occupied by Home Depot as a single tenant. Its ground lease has more than five years left in the primary term, with four additional five-year renewal options.

Rent increases by 10% every five years. The address is 4001 Ming Avenue, Bakersfield, CA 93309.

Key Highlights

  • Single‑tenant Home Depot retail property
  • Ground lease with 5+ years of primary term remaining
  • 10% rent increases every 5 years and four, five‑year renewal options

Property Analytics

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

Current Use

Primo Water Exchange Big Box & Wholesale Store Minute Key Locksmith THE HOME DEPOT Building Supply Garden Center at The Home ... Garden Center Home Services at The Home ... General Contractor

Suggested Use

Top Pick Law Firm Electrical Service Gym & Fitness Center Catering Service Carpet & Flooring Store Florist

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

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,055
Businesses Nearby
512k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 36% Dining 31% Apparel 13% Home Improvements & Furnishings 10%
The Home Depot Home Improvements & Furnishings
49,722 visits/mo 0.1 miles
T.J. Maxx Apparel
44,183 visits/mo 0.4 miles
dd's DISCOUNTS Shops & Services
38,585 visits/mo 0.1 miles
McDonald's Dining
37,322 visits/mo 0.4 miles
FoodMaxx Groceries
32,591 visits/mo 0.3 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Retail space in Bakersfield, CA

$224 Jul
$214 Aug
$202 Sep
$159 Oct

Properties on Market for Retail space in Bakersfield

Jul
Aug
Sep
Oct

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?
Retail space - A single tenant occupies the property under a ground lease with scheduled increases and renewal options.
Where is this retail space located?
The property is located at 4001 Ming Avenue Bakersfield, CA.
What is the asking price?
The asking price for this property is $13,990,000.
What are key features of this property?
This property features: Single‑tenant Home Depot retail property; Ground lease with 5+ years of primary term remaining; 10% rent increases every 5 years and four, five‑year renewal options
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