Retail Center Anchored by National
For Sale
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655-695 Tucker Road, Tehachapi, CA 93561
A largely occupied Tehachapi retail center anchored by Big 5 Sporting Goods and Goodwill.
Property Size39,258 SF
Price / SF$189.44
Days on Market147
Property Features for 655-695 Tucker Road
General Information
Standard status
Active
Size
39,258 SF
Total Parking Spaces
196
Property subtype
Retail
Zoning
C2
Occupancy
86%
Lease Type
NNN
Investment Type
Stabilized
Net Operating Income
$550,318
Building Details
Year Built
2008
Tenancy
Multi
Listing Agency:
CBRE - Orange County
Listed By:
Erin Smith · License #CA 02214300
Source:
Crexi
Added: May 28
Changed: Oct 11
Last Checked: Oct 20 at 7:12PM
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
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Investment Insights
Based on property information with market context.
The Orchard is a retail center presented for sale with approximately 86% occupancy and a total building size of 39,258 square feet. The property is anchored by national tenants including Big 5 Sporting Goods and Goodwill, supported by a mix of in-place retail offerings designed to serve everyday shopping and service needs.
Located at 655–695 Tucker Road in Tehachapi, the center sits just off Tucker Rd within the community’s primary retail hub. The surrounding tenant mix includes well-known retailers and restaurants such as Walmart Supercenter, Albertsons, AutoZone Auto Parts, Dollar Tree, DG Market, Starbucks, Taco Bell, McDonald’s, Jiffy Lube, Panda Express, and Chipotle.
For buyers seeking a retail asset with established tenants, The Orchard offers a practical combination of anchor draw and ongoing in-place occupancy. Its tenant mix and positioning within Tehachapi’s primary retail cluster can support a straightforward retail ownership plan for operators looking to maintain and improve an already-functioning center.
Located at 655–695 Tucker Road in Tehachapi, the center sits just off Tucker Rd within the community’s primary retail hub. The surrounding tenant mix includes well-known retailers and restaurants such as Walmart Supercenter, Albertsons, AutoZone Auto Parts, Dollar Tree, DG Market, Starbucks, Taco Bell, McDonald’s, Jiffy Lube, Panda Express, and Chipotle.
For buyers seeking a retail asset with established tenants, The Orchard offers a practical combination of anchor draw and ongoing in-place occupancy. Its tenant mix and positioning within Tehachapi’s primary retail cluster can support a straightforward retail ownership plan for operators looking to maintain and improve an already-functioning center.
Key Highlights
- 2008‑built retail center totaling 139,258 SF
- Approximately 86% occupied retail center with in‑place tenants
- Anchored by Big 5 Sporting Goods and Goodwill
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$387,889
Cap Rate
5.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,757,780
$7.8M
Cap Rate 7%
$5,541,271
$5.5M
Cap Rate 9%
$4,309,878
$4.3M
Market Conditions
NOI Build-Up for 39,258 SF
Gross rent
$588.9K $15.00/SF
− Vacancy
−$34.7K −$0.89/SF
EGI
$554.1K $14.11/SF
− OpEx
−$166.2K −$4.23/SF
NOI
$387.9K $9.88/SF
Area
Kern County, CA
Vacancy
5.90%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,757,780
Cap Rate 7%
$5,541,271
Cap Rate 9%
$4,309,878
Alternative Uses
Best Use
Retail
$5.54M
$4.85M – $6.46M
NOI $387,889 @ 7.0% cap · market cap 5.22%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$8.39M
$7.34M – $9.78M
NOI $587,065 @ 7.0% cap · market cap 7.89%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
439
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 93561, CA
31,091
Population
13,876
Households
2.2
Avg Household Size
42
Median Age
28%
College-Educated
92%
High-School Grad
301.8 sq mi
ZIP Area
103
Density / Sq Mi
$86,149
Median Household Income
$52,088
Median Earnings
$1,299
Median Rent
$377,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
Shopping center - A largely occupied Tehachapi retail center anchored by Big 5 Sporting Goods and Goodwill.
Where is this shopping center located?
The property is located at 655-695 Tucker Road Tehachapi, CA.
What is the asking price?
The asking price for this property is $7,437,000.
What are key features of this property?
This property features: 2008‑built retail center totaling 139,258 SF; Approximately 86% occupied retail center with in‑place tenants; Anchored by Big 5 Sporting Goods and Goodwill
