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Property profile & analytics
FOR SALE
Grocery and convenience stores

1044 Kern St Taft, CA 93268

43,041 SF 3.37 ac lot Built 1985
Entity Owned 2-yr Hold Free & Clear
Property ID
US09-3378340
Property summary
AI-generated overview

Taft Hills Plaza, a prominent grocery-anchored retail center in Taft, California, presents a compelling investment opportunity. Located at the high-traffic intersection of Kern Street and 10th Street, this property boasts a total of 93,608 square feet of retail space. Currently, 10,263 square feet is available for lease, offering a unique chance to establish or expand your business within a thriving commercial hub. The center's strategic location ensures high visibility and accessibility for customers. The property is zoned C2, providing flexibility for a variety of retail uses. The address is 1044 Kern St, Taft, CA 93268. The property's Assessed Parcel Numbers (APN) are 032-520-14, 16, 17, 18, 19, 20 and 032-520-15, located in Kern County. This established center serves as Taft's primary grocery-anchored shopping destination, guaranteeing a strong customer base and significant foot traffic. The available space presents an excellent opportunity for businesses seeking a prime location within a well-established and successful retail environment. This is a multi-tenant property offering a variety of possibilities for prospective tenants.

Property profile
Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 1985
Construction WOOD
Total area 43,041 SF
Lot 3.37 ac (146,797 SF)
Zoning code GC
APN 032-520-20-00-2
UPID US09-3378340
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
  • Starbucks Cafe & Coffee Shop
  • Albertsons Bakery Bakery Specialty Food Shop
  • Primo Water Refill Big Box & Wholesale Store
  • Albertsons Grocery & Convenience Store Food Market
  • Western Union Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$4.19M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$4.19M
Owner & transaction history
Ns Retail Holdings LLC · 2 yrs held
Ns Retail Holdings LLC
since 2024
Last sale
$4.2M
3 recorded transactions
2024
$4.2M
2024
$7.6M
2006
$10.2M
Zoning & alternative use
GC · Taft, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units) $6.4M +18.5%
Auto repair, garage $6.0M +10.3%
Industrial (general) $5.5M +0.9%
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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