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Property profile & analytics
FOR LEASE
Strip malls

2611 Fashion Pl Bakersfield, CA 93306

37,160 SF 4.01 ac lot Built 1992
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-0388753
2611 Fashion Pl, Bakersfield, CA 93306 For Lease
$7,130,000
2611 Fashion Pl, Bakersfield, CA 93306
View Listing →
Property summary
AI-generated overview

East Hills Plaza, a Bakersfield, California retail center, presents a compelling investment opportunity. This 37,160 square foot property comprises three single-story buildings, housing eleven suites in total. Currently, 1,800 square feet are available for lease. The center enjoys a highly desirable location in Kern County, at 2611 Fashion Place, 93306, conveniently situated just south of Highway 178, between Mt. Vernon and Oswell Streets. The property benefits from a strong anchor tenant lineup, including a Walmart Supercenter and Big Lots, providing significant traffic and visibility. Additional quality tenants currently occupying space within the center include Sally Beauty and Metro PCS. The property's multiple-tenant structure offers diversification and potential for increased rental income through lease-up of the vacant space. The strategic location and established tenant base make East Hills Plaza an attractive option for investors seeking a stable and growing retail investment in a thriving Bakersfield market. The property's size and configuration offer flexibility for a variety of retail uses. Detailed financial information is available upon request.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1992
Construction WOOD
Total area 37,160 SF
Lot 4.01 ac (174,675 SF)
Zoning code PCD
APN 130-161-85-00-9
UPID US09-0388753
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$7.13M
Owner & transaction history
Harbor Freight Tools USA INC · 1 yrs held
Harbor Freight Tools USA INC
since 2024
7 recorded transactions
2024
Price N/A
2020
$7.4M
2019
$3.3M
2016
Price N/A
2002
Price N/A
1998
Price N/A
1996
Price N/A
Zoning & alternative use
PCD · Bakersfield, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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