7900 White Ln - Supermarket FOR SALE
Bakersfield, CA 93309 |
$13,297,000 USD
310-853-1419
7900 White Ln
Bakersfield, CA 93309
HIGHLIGHTS
- Destination Location Shadow Anchored By Albertsons Grocery Store (NAP)
- Strong Mix of National & Regional Tenants Providing Security to New Investor Thru Credit, Tenant Synergy & Diversity
- 100% Occupied Center Featuring 37,089 SF Leased to 15 Tenants With Low Historical Vacancy
- Southwest Bakersfield Experiencing Significant Growth and Ranks as One California's Hottest Home Markets of 2023 (Realtor.com)
- Significant Number of Tenants Have Below Market Lease Rates, Providing Potential Value Add in the Future
- Strong Rent Growth - Multiple Tenants Feature Rare Annual Rental Increasing, Providing a Strong Hedge Against Inflation
OVERVIEW
Sands Investment Group is Pleased to Exclusively Offer For Sale a 37,089 SF Village at the Oaks Located at 7900 White Lane in Bakersfield, CA. This Deal Includes a 100% Occupied - Essential "Daily Needs" Grocery Shadow-Anchored Neighborhood Center, Providing For a Secured Investment.
In Cooperation With Sands Investment Group, Inc - Lic. #1768950
FOR SALE DETAILS
PRICE
$13,297,000 USD
PRICE/SF
$359 USD /SF
CAP RATE
6%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Village at the Oaks - Bakersfield, CA
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Supermarket
ADD'L SUBTYPES
Storefront, Storefront Retail/Office, Department Store
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1990
SPRINKLERS
-
PARKING SPACES
65
LAND DETAILS
LAND ACRES
3 AC
LAND SF
130,680 SF
ZONING
C2
APN/PARCEL ID
385-430-05-00-6
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310-853-1419
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310-853-1419
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