Absolute NNN Valvoline
For Sale
Contact for pricing
Pending
6501 White Ln, Bakersfield, CA 93309
Absolute NNN lease structure places landlord responsibilities with the tenant.
Property SizeContact for details
Days on Market143
Property Features for 6501 White Ln
General Information
Standard status
Pending
Property subtype
Retail
Site & Location
Traffic Count
63,500 vehicles/day
Highway Access
Yes
Road Access
Yes
Building Details
Tenancy
Single
Listing Agency:
SRS Real Estate Partners Newport Beach
Listed By:
John Redfield · License #CA 01928036
Source:
Crexi
Added: Apr 10
Changed: Aug 29
Last Checked: Aug 29 at 7:14PM
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 SRS Real Estate Partners Newport Beach
Investment Insights
Based on property information with market context.
The offering includes the fee simple interest in the land and building occupied by Valvoline. The property is operated under an absolute NNN lease with no landlord responsibilities. The initial lease term runs for 20 years, with more than 6 years remaining, followed by two 5-year extension options and one 4-year option. Contractual rent increases include a 15% adjustment in 2021 and additional increases at the start of each option period. The lease is guaranteed by the tenant’s franchisee, which operates over 200 locations.
The pad site is positioned at the signalized intersection of White Lane and Ashe Road, where combined traffic is reported at 63,500 vehicles daily. State Highway 99 is 2.4 miles away and carries 114,000 VPD. The property is part of Crossroads Center and sits across from a FoodMaxx-anchored shopping center with several national tenants. Walmart Supercenter, Sam’s Club, The Home Depot, Kohl’s, Ross Dress for Less, and other retailers are also identified within the surrounding trade area.
The pad site is positioned at the signalized intersection of White Lane and Ashe Road, where combined traffic is reported at 63,500 vehicles daily. State Highway 99 is 2.4 miles away and carries 114,000 VPD. The property is part of Crossroads Center and sits across from a FoodMaxx-anchored shopping center with several national tenants. Walmart Supercenter, Sam’s Club, The Home Depot, Kohl’s, Ross Dress for Less, and other retailers are also identified within the surrounding trade area.
Key Highlights
- Fee simple land and building leased to Valvoline
- Absolute NNN lease with zero landlord responsibilities
- 20‑year initial lease term with over 6 years remaining
Property Analytics
Property Profile
Current Use
Lease Details
63,500 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
849
Businesses Nearby
135k
Monthly Visits Nearby
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
Market
Vacancy Rate% for Retail in Bakersfield, CA
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Frequently Asked Questions
What type of property is this?
NNN property - Absolute NNN lease structure places landlord responsibilities with the tenant.
Where is this nnn property located?
The property is located at 6501 White Ln Bakersfield, CA.
What are key features of this property?
This property features: Fee simple land and building leased to Valvoline; Absolute NNN lease with zero landlord responsibilities; 20‑year initial lease term with over 6 years remaining
