Property profile

4208 Rosedale Hwy Bakersfield, CA 93308

FOR LEASE
Strip malls
Property ID
US09-3150022
26,343 SF 2.45 ac lot Built 2008
Entity Owned 15-yr Hold Free & Clear
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Property summary

AI-generated overview

Rosedale Square, located at 4208 Rosedale Hwy, Bakersfield, CA 93308, presents a prime retail investment opportunity. This established center, built in 2008, comprises three single-story buildings totaling 26,600 square feet on a 2.45-acre lot. Currently, there is 2,450 square feet of vacant space available for lease. The property boasts excellent visibility and accessibility, situated at the prominent corner of Rosedale Highway and Fairhaven Drive, with over 51,100 vehicles passing daily. Its strategic location offers easy access to State Highway 99, less than half a mile away. The center benefits from strong surrounding demographics, including a population exceeding 300,000 and a median household income of $83,726 within a 5-mile radius. Nearby national retailers such as Costco, 24 Hour Fitness, Hobby Lobby, and AMC, along with hotels like the DoubleTree by Hilton and Courtyard by Marriott, draw significant foot traffic and enhance the area's appeal. The property features 164 total parking spaces and is zoned M-3. The Assessor's Parcel Number (APN) is 332-142-76. This retail center offers a compelling opportunity for businesses seeking a thriving location in a high-traffic area of Bakersfield.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2008
Construction WOOD
Total area 26,343 SF
Lot 2.45 ac (106,722 SF)
Zoning code M3
APN 332-142-77-00-9
UPID US09-3150022

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Big Box & Wholesale Store (Bike/Boat/Book/etc) Store
  • Nightclub DJ & Entertainment
  • Association Or Organization
  • Marketing & Advertising Event Planning
  • Take-out & Catering

Location

4208 Rosedale Hwy Bakersfield, CA 93308
Bakersfield metro Census 507 BAKERSFIELD, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.98M
Blend (final) Blend
$2.25M

Owner & transaction history

since 2011
3 recorded transactions
2019
Price N/A
2011
Price N/A
2009
Price N/A

Zoning & alternative use

M3 · Bakersfield, CA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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