3130 24Th St Bakersfield, CA 93301

This exceptional investment opportunity presents a single-tenant, 7-Eleven gas station located at 3130 24th St, Bakersfield, CA 93301. The property boasts a prime location in a vibrant city with a growing economy, ensuring high visibility and accessibility. Built in 2020, this 2,320 square foot building sits on a 22,651 square foot lot. The property is leased under a Net-Net (NN) lease agreement with a national tenant, 7-Eleven, providing significant stability and consistent income. The current lease commenced on August 4th, 2020, and has an estimated expiration date of August 3rd, 2035, leaving 12 years remaining on the lease term. The asking price is $3,825,000, representing a price per square foot of $1,648.71 and a compelling 5.15% cap rate. This is a rare opportunity to acquire a well-established, high-performing asset in a desirable market. The property's strong tenant, long-term lease, and attractive financial metrics make it an ideal addition to any investment portfolio. The single-story building offers a straightforward and easily managed investment. This is a turnkey operation with minimal operational involvement required for the investor. The property's location in Kern County, California, provides access to a large and growing customer base.