2509 Mount Vernon Ave Bakersfield, CA 93306
For Lease
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This exceptional retail opportunity is located in Northeast Bakersfield at the highly visible northeast corner of Mt. Vernon Avenue and Bernard Street. The property boasts newer construction with attractive architecture, ensuring strong curb appeal and attracting significant customer attention. With a total of 4,560 square feet, the center is comprised of three suites, offering flexibility for various retail businesses. One suite, measuring 1,080 square feet, is currently available. The property benefits from excellent access to Highway 178, providing convenient access for customers and employees. Daily traffic counts on Mt. Vernon Avenue and Bernard Street reach 37,500 vehicles, guaranteeing high visibility and substantial foot traffic. The limited availability of retail space in this thriving trade area makes this an exceptional investment opportunity. Strong co-tenancy is provided by established businesses such as Rite Aid, Bank of the Sierra, and Proximity Urgent Care. Furthermore, the property enjoys proximity to major retailers including Home Depot, Walmart, Target, Big 5, and Office Max. The upcoming City Lights at East Hills redevelopment of the former East Hills Mall will further enhance the area's appeal and draw even more customers to the center. This prime location offers a unique chance to establish a successful retail presence in a rapidly growing area of Bakersfield. The property is situated in Kern County.
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Michael Garza: Allstate Insurance Insurance Agency
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Victor's Mexican Grill Restaurant
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WIC store Shopping Center & Mall
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Piara Pizza Take-out & Catering
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Priority Urgent Care Medical Clinic
The purpose of C-2 zone is to permit development of concentrated large-scale retail operations providing a broad range of goods and services which serve the metropolitan market area
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C-2 · Bakersfield, CAThe purpose of C-2 zone is to permit development of concentrated large-scale retail operations providing a broad range of goods and services which serve the metropolitan market area
Costs & Benchmarks
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.