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    OFF-MARKET
    Retail properties & Spaces

    35093 Merle Haggard Dr, Bakersfield, CA 93308

    30,000 SF
    Property ID
    Property summary
    AI-generated overview

    This exceptional 30,000-square-foot freestanding retail pad, ideally suited for a fast-food restaurant, presents a remarkable investment opportunity in Bakersfield, California. Located at 35093 Merle Haggard Drive, this single-tenant property boasts high visibility and accessibility, situated off the Highway 99/Highway on-off ramp in Northwest Bakersfield. The entire 30,000 square feet is currently vacant, providing a blank canvas for a new development or expansion. The property is situated in Kern County, offering a strong potential customer base. Its strategic location ensures convenient access for customers traveling along a major thoroughfare. This property represents a rare chance to establish a prominent presence in a thriving area of Bakersfield. The substantial square footage allows for ample space for a large restaurant, drive-thru, and ample parking. The property's single-tenant occupancy simplifies management and provides a clear revenue stream. This is a turnkey opportunity for a fast-food operator seeking a high-traffic location with significant growth potential. The address is 35093 Merle Haggard Drive, Bakersfield, CA 93308. This property is ready for immediate occupancy.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 30,000 SF
    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
    Current use
    Occupant on record · Public records
    • Panda Express Restaurant
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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