Anchored Shopping
For Sale
Contact for pricing
6300 White Lane, Bakersfield, CA 93309
C-2-zoned center supports grocery, food service, healthcare, financial, personal-service, and specialty retail uses.
Property Size103,374 SF
Lot Size8.17 Acres
Price / SF$181.86
Days on Market54
Property Features for 6300 White Lane
General Information
Standard status
Active
Size
103,374 SF
Lot size
8.17 Acres
Property subtype
Retail
Zoning
C-2
Lease Type
NNN
Site & Location
Corner Location
Yes
Anchor Co-Tenants
SF Supermarket
Traffic Count
50,000 vehicles/day
Building Details
Year Built
1986
Tenancy
Multi
Listing Agency:
Cushman & Wakefield - Bakersfield, California
Listed By:
Duane Keathley · License #CA 00935011
(661) 633-3816
Source:
Crexi
Added: Aug 24
Changed: Oct 4
Last Checked: Oct 14 at 8:21PM
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 Cushman & Wakefield - Bakersfield, California
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Investment Insights
Based on property information with market context.
Crossroads Shopping Center is an established neighborhood retail property comprising 103,374 square feet on approximately 8.17 acres. Built in 1986, the center is anchored by SF Supermarket and accommodates a broad mix of grocery, food service, healthcare, financial, personal-service, and specialty retail uses. C-2 zoning supports its commercial retail setting.
The property occupies the corner of White Lane and Ashe Road at 6300 White Lane in Bakersfield, California. White Lane traffic reportedly exceeds 50,000 vehicles per day, providing substantial exposure to customers traveling through Southwest Bakersfield. Its position within an established commercial corridor and surrounding residential area supports convenient access for recurring neighborhood shopping trips.
The property occupies the corner of White Lane and Ashe Road at 6300 White Lane in Bakersfield, California. White Lane traffic reportedly exceeds 50,000 vehicles per day, providing substantial exposure to customers traveling through Southwest Bakersfield. Its position within an established commercial corridor and surrounding residential area supports convenient access for recurring neighborhood shopping trips.
Key Highlights
- 103,374‑square‑foot shopping center on approximately 8.17 acres
- Anchored by SF Supermarket
- C‑2 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$1,060,617
Cap Rate
5.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$21,212,340
$21.2M
Cap Rate 7%
$15,151,671
$15.2M
Cap Rate 9%
$11,784,633
$11.8M
Market Conditions
NOI Build-Up for 103,374 SF
Gross rent
$1.49M $14.40/SF
− Vacancy
−$74.4K −$0.72/SF
EGI
$1.41M $13.68/SF
− OpEx
−$353.5K −$3.42/SF
NOI
$1.06M $10.26/SF
Area
Bakersfield, CA
Vacancy
5.00%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$21,212,340
Cap Rate 7%
$15,151,671
Cap Rate 9%
$11,784,633
Alternative Uses
Best Use
Specialty Retail
$15.15M
$13.26M – $17.68M
NOI $1,060,617 @ 7.0% cap · market cap 5.64%
Second Best
Retail
$14.14M
$12.37M – $16.50M
NOI $989,909 @ 7.0% cap · market cap 5.27%
Theoretical Best
Office A
$27.43M
$24.00M – $32.00M
NOI $1,920,275 @ 7.0% cap · market cap 10.21%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
50,000 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
849
Businesses Nearby
135k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 38%
Dining 29%
Groceries 19%
Apparel 9%
FoodMaxx
Groceries
25,980 visits/mo
0.1 miles
Fastrip
Shops & Services
18,056 visits/mo
0.1 miles
KFC
Dining
14,207 visits/mo
0.0 miles
ARCO
Shops & Services
12,181 visits/mo
0.0 miles
SONIC Drive In
Dining
11,484 visits/mo
0.2 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
Vacancy Rate% for Retail in Bakersfield, CA
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Frequently Asked Questions
What type of property is this?
Shopping center - C-2-zoned center supports grocery, food service, healthcare, financial, personal-service, and specialty retail uses.
Where is this shopping center located?
The property is located at 6300 White Lane Bakersfield, CA.
What is the asking price?
The asking price for this property is $18,800,000.
What are key features of this property?
This property features: 103,374‑square‑foot shopping center on approximately 8.17 acres; Anchored by SF Supermarket; C‑2 zoning
