7900 White Ln Bakersfield, CA 93309-7686

This exceptional 37,089 square foot retail center in Bakersfield, CA, boasts 100% occupancy across 18 tenants, including Dollar Tree, Little Caesars, and H&R Block. Located at 7900 White Lane, 93309, this multi-tenant property is shadow-anchored by an Albertsons grocery store, ensuring high traffic and consistent demand. The property benefits from a strong mix of national and regional tenants, providing a secure investment with diverse income streams. Many tenants have below-market lease rates, presenting a significant value-add opportunity for future rent increases. The center enjoys a long-term operating history, with approximately 65% of the gross leasable area having been occupied for 13 years or more. Situated at a heavily trafficked intersection (approximately 65,000 cars per day), this center serves a dense trade area with over 270,000 residents within a 5-mile radius and an average household income exceeding $96,000 within 3 miles. The asking price is $13,297,000, translating to $358.52 per square foot. Rent bumps vary by tenant, offering potential for increased revenue. Lease options also vary. This property represents a compelling investment opportunity in a thriving Bakersfield market.