178 And Masterson Dr, Bakersfield, CA 93306
This exceptional retail opportunity presents itself in the highly sought-after Northeast Bakersfield submarket of Kern County, California. City in the Hills Shopping Center is a proposed 600,000 square foot shopping center strategically located at the intersection of Highway 178 and Masterson Drive, with convenient access to Highway 185. Currently, Phase 1 offers several spaces available for lease, ranging from a minimum of 1,200 square feet to a maximum contiguous space of 40,000 square feet. This presents a unique opportunity for businesses of various sizes to establish a presence in a thriving retail environment. The property is ideal for ground lease or build-to-suit options, providing flexibility for tenants to tailor their space to their specific needs. The center's prime location in Northeast Bakersfield ensures high visibility and accessibility for customers, making it an attractive destination for shoppers. With its significant size and strategic placement, City in the Hills Shopping Center is poised to become a major retail hub in the area. The 93306 zip code offers a strong demographic profile, further enhancing the investment potential of this exceptional property. Interested parties are encouraged to inquire for further details and explore the possibilities this development offers.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.