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Property profile & analytics
FOR LEASE
Retail space

5000 Stockdale Hwy Bakersfield, CA 93309

30,386 SF 2.8 ac lot Built 2002
Entity Owned 5-yr Hold Free & Clear
Property ID
US09-3720595
Property summary
AI-generated overview

This exceptional 31,000 square foot retail power center in Bakersfield, California, presents a unique investment opportunity. Located at 5000 Stockdale Highway, in Kern County (zip code 93309), this single-tenant space is immediately available. The property boasts excellent visibility and accessibility, situated on Stockdale Highway west of Interstate 99. Multiple access points exist, including a fully signalized entrance directly from Stockdale Highway. Its prime location offers unparalleled convenience, just minutes from the intersection of Highways 99 and 58. This strategically positioned center benefits from its proximity to major thoroughfares, placing it at the heart of Bakersfield's busiest commercial areas. The property is also conveniently located near California State University, Bakersfield, and prominent shopping destinations such as Valley Plaza Mall, the Park at River Walk, and the Northwest Promenade. Anchored by Aldi, Smart & Final Extra!, and Chuze Fitness, this power center offers a strong existing tenant base and significant potential for future growth. The property's size and location make it ideal for a variety of retail uses. Contact us today to learn more about this exceptional opportunity.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2002
Construction WOOD
Total area 30,386 SF
Lot 2.8 ac (121,967 SF)
Zoning code PCD
APN 331-440-24-00-1
UPID US09-3720595
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.26M
Blend (final) Blend
$3.09M
Owner & transaction history
Street Investment Grade Net Lease F · 5 yrs held
Street Investment Grade Net Lease F
since 2021
2 recorded transactions
2021
Price N/A
2019
$5.1M
Zoning & alternative use
PCD · Bakersfield, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

The planned commercial development zone is intended to allow for innovative design and diversification in the relationship of various uses, buildings, structures, lot sizes and open spaces while ensuring compliance with the general plan and the intent of the municipal code

Zone name Planned Commercial Development
General category COMMERCIAL
Zone area 527.30 ac
Source Realmo
Top alternative use upside
Auto repair, garage $4.8M +12.0%
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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