Investment Overview
Prime owner-user or investment opportunity in the South Bakersfield submarket. This 3,036 SF retail property sits on 0.13 acres and offers high visibility, strong traffic counts, and ample parking. Currently tenant-occupied with a lease expiring in April 2028, this asset provides stable rental income and a 7.25% cap rate.
Property Details
Price: $495,000
Building Size: 3,036 SF
Land Area: 0.13 Acres
Zoning: C-1 (Commercial)
Parking: Shared with adjacent church
Year Built: 1966
Frontage: Excellent street exposure on South Chester & Ming Ave
Tenant & Lease Details
Existing tenant in place with lease expiring April 2028
Investment stability with immediate cash flow potential
Located in an Opportunity Zone, offering potential tax benefits
Location Highlights
High-Traffic Area: 30,640 vehicles per day at South Chester & Ming
Retail Corridor: Close to Fastrip, Rite Aid, O’Reilly Auto Parts, Valero
1 Mile to Valley Plaza Mall, Bakersfield’s premier shopping center
Public Transit: 7 min (3.2 miles) to Amtrak Station
Airport Access: 18 min (9 miles) to Meadows Field Airport
Market Demand & Growth
Demographics (3-Mile Radius)
Population: 143,794
Daytime Employees: 79,882
Walk Score® of 72 – Very Walkable retail location
Why Invest?
? Strong Retail Location – High exposure with excellent signage
? Stable Income Stream – Long-term tenant in place until 2028
? Opportunity Zone Tax Benefits – Potential investor incentives
? Versatile Use – Retail, office, or service business potential
? Below Replacement Cost – Great value for Bakersfield’s growing market
?? Contact us today for more details or to schedule a showing!