Property summary
This exceptional retail property in Bakersfield, California, offers a single-tenant space ranging from approximately 6,000 to 10,000 square feet. Located on Mervyn's Drive, near the intersection with California Avenue, this new construction building boasts convenient access to the US 99 Freeway Interchange (within approximately 0.5 miles). The property benefits from a high-traffic location, with an estimated 55,000 Annual Average Daily Traffic (AADT) as of 2015, according to ESRI data. Its strategic placement at a signalized intersection ensures excellent visibility. Additional features include ample parking, patio seating, and endcap locations. The property is situated adjacent to a Hobby Lobby, providing strong synergy and increased foot traffic. Street monument signage is also available, enhancing visibility and brand recognition. This is an ideal opportunity for a business seeking a high-visibility location in a thriving Bakersfield market. The building is a single-tenant strip center in Kern County, with a zip code of 93309.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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