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    Property profile & analytics
    FOR LEASE
    Retail space

    5000 Stockdale Hwy, Bakersfield, CA 93309

    30,386 SF 2.8 ac lot Built 2002
    Entity Owned 5-yr Hold Free & Clear
    Property ID
    US09-3720595
    Property summary
    AI-generated overview

    This exceptional 31,000 square foot retail power center in Bakersfield, California, presents a unique investment opportunity. Located at 5000 Stockdale Highway, in Kern County (zip code 93309), this single-tenant space is immediately available. The property boasts excellent visibility and accessibility, situated on Stockdale Highway west of Interstate 99. Multiple access points exist, including a fully signalized entrance directly from Stockdale Highway. Its prime location offers unparalleled convenience, just minutes from the intersection of Highways 99 and 58. This strategically positioned center benefits from its proximity to major thoroughfares, placing it at the heart of Bakersfield's busiest commercial areas. The property is also conveniently located near California State University, Bakersfield, and prominent shopping destinations such as Valley Plaza Mall, the Park at River Walk, and the Northwest Promenade. Anchored by Aldi, Smart & Final Extra!, and Chuze Fitness, this power center offers a strong existing tenant base and significant potential for future growth. The property's size and location make it ideal for a variety of retail uses. Contact us today to learn more about this exceptional opportunity.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 2002
    Construction WOOD
    Total area 30,386 SF
    Lot 2.8 ac (121,967 SF)
    Zoning code PCD
    APN 331-440-24-00-1
    UPID US09-3720595
    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
    $2.26M
    Blend (final) Blend
    $3.09M
    Owner & transaction history
    Street Investment Grade Net Lease F · 5 yrs held
    Street Investment Grade Net Lease F
    since 2021
    2 recorded transactions
    2021
    2019
    $5.1M
    Zoning & alternative use
    PCD · Bakersfield, CA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Auto repair, garage $4.8M +12.0%
    Try Rey
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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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