Retail Center Anchored by National
655-695 Tucker Road Tehachapi, CA 93561
655-695 Tucker Road, Tehachapi, CA, 93561
Contact for pricing
For Sale
Contact for pricing
A largely occupied Tehachapi retail center anchored by Big 5 Sporting Goods and Goodwill.
Property Size39,258 SF
Price / SF$218.17
Days on Market55
Property Features for 655-695 Tucker Road
General Information
- Standard status
- Active
- Size
- 39,258 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2008
Listing agency
CBRE - Orange County
Listed by
Erin Smith · License #CA 02214300
Source
Crexi
Added: May 28 Updated: Jul 10 at 1:51PM Checked: Jul 21 at 7:03AM
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.
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
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $588.9k | $15.00 |
| − Vacancy | −$34.7k | −$0.89 |
| EGI | $554.1k | $14.11 |
| − OpEx | −$166.2k | −$4.23 |
| NOI | $387.9k | $9.88 |
39,258 SF · lease $15.00/SF/yr · vacancy 5.90% · expense 30.00%
Alternative Uses
Best Use
Retail
$5.54M
$4.85M – $6.46M
NOI $387,889 @ 7.0% cap · market cap 4.53%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$8.39M
$7.34M – $9.78M
NOI $587,065 @ 7.0% cap · market cap 6.85%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Shopping centers
Similar For Sale Nearby
Similar Off Market Nearby
- Tehachapi Town Center — 807 Tucker Rd, Tehachapi, CA 93561
- California DMV Now Kiosk — 775 Tucker Rd, Tehachapi, CA 93561
- Coinstar Bitcoin ATM — save mart, 841 tucker rd, tehachapi, ca 93561
- Coinstar Kiosk | Bitcoin ATM — Save Mart, 841 Tucker Rd, Tehachapi, CA 93561
- Coinstar Kiosk — save mart, 841 tucker rd, tehachapi, ca 93561
FAQs
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 $8,565,000.
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
