7900 White Ln Bakersfield, CA 93309-7686

Property Details for 7900 White Ln

Year built

1990

Construction

WOOD

Lot size

3.91 lot acres

Property size

42,671 SF

Zone code

C2

Property type

Grocery and convenience stores

APN

385-430-05-00-6

APU

38543005006

Description

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.

Location Insight

City

Bakersfield

County

Kern

State

California

Longitude

-119.09

Latitude

35.3192

CBSA code

12540

CBSA name

BAKERSFIELD, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments