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Grocery and Drug Anchored Shopping Center
For Sale
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Pending

4300 Ming Ave, Bakersfield, CA 93309

Wholly owned center with in-line shops, pad buildings, and a drive-through Walgreens parcel.

Property SizeContact for details
Days on Market142

Property Features for 4300 Ming Ave

General Information

Standard status Pending
Property subtype Retail
Listing Agency: CBRE - Orange County
Listed By: James Tyrrell · License #02012964
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 3:11PM

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 CBRE - Orange County

Investment Insights

Based on property information with market context.

This neighborhood shopping center combines a grocery anchor, drugstore anchor, in-line retail space, two pad buildings, and a separate Walgreens drive-through pad parcel. FoodMaxx (Save Mart) and Walgreens provide established anchor occupancy, while the broader tenant mix includes food, beverage, medical, and service businesses.

The property is located at 4300 Ming Ave in Bakersfield, California. FoodMaxx has operated at the center since 2000, and Walgreens has maintained a presence for more than two decades. Across the leased area, 74% has been occupied by tenants for at least 10 years, while 55% has been occupied for 20 years or longer.

The wholly owned configuration gives the property a unified ownership structure across the anchor, shop, and pad components. The combination of existing retail improvements and separately positioned pad buildings supports continued operation of the center’s current format.

Key Highlights

  • Grocery and drugstore anchors include FoodMaxx (Save Mart) and Walgreens
  • 74% of leased GLA has been occupied by tenants for 10+ years
  • 55% of leased GLA has been occupied by tenants for 20+ years

Property Analytics

Current Use

AT&T Store Mobile Phone Store

Suggested Use

Top Pick Real Estate Agency Building Supply Auto Repair Shop Big Box & Wholesale Store Law Firm Auto Parts Store

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

895
Businesses Nearby
460k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 37% Dining 36% Home Improvements & Furnishings 11% Groceries 9%
The Home Depot Home Improvements & Furnishings
49,722 visits/mo 0.2 miles
dd's DISCOUNTS Shops & Services
38,585 visits/mo 0.3 miles
McDonald's Dining
37,322 visits/mo 0.2 miles
FoodMaxx Groceries
32,591 visits/mo 0.1 miles
Starbucks Dining
29,994 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

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
Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Wholly owned center with in-line shops, pad buildings, and a drive-through Walgreens parcel.
Where is this shopping center located?
The property is located at 4300 Ming Ave Bakersfield, CA.
What are key features of this property?
This property features: Grocery and drugstore anchors include FoodMaxx (Save Mart) and Walgreens; 74% of leased GLA has been occupied by tenants for 10+ years; 55% of leased GLA has been occupied by tenants for 20+ years
(626) 705-8236 Call to check price and availability
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