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    OFF-MARKET
    Retail properties & Spaces

    1301 Union Ave, Bakersfield, CA 93304

    Built 1990
    Property ID
    Property summary
    AI-generated overview

    This exceptional turnkey Quick Service Restaurant (QSR) opportunity is available for $375,000. Located at 1301 Union Avenue in Bakersfield, California (zip code 93304), this established business boasts a prime corner location with high visibility and consistent foot traffic. The property sits on a substantial 20,317 square foot lot and is zoned for commercial use. The building itself was constructed in 1990. This sale includes all equipment, furniture, and fixtures, providing a seamless transition for a new owner. The current lease is a NNN (Net, Net, Net) agreement with four years remaining. The property's APN is 00654037. This presents a unique chance to acquire a profitable, established business in a desirable location without the added cost of purchasing the underlying real estate. The business is ready for immediate operation, allowing for a quick start and potential for immediate revenue generation. The high traffic area ensures a steady stream of potential customers, making this a truly attractive investment opportunity. This is an ideal acquisition for an existing QSR operator looking to expand or a new entrepreneur seeking a proven business model in a thriving market. The property's location in Kern County, California offers significant potential for growth and return on investment.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 1990
    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
    • Uk Restaurant
    • Louisiana Fried Chicken 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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