For Sale

South Mill Creek Retail Center

900 and 920 California Avenue,
Bakersfield, CA 93304

Asset Snapshot

Full Service
Retail Subtype
2016
Year Built
0.91 Acres
Land Area
100%
Occupancy

Offering Summary

Investment Overview

100% Leased 6-Tenant Retail Center ±9,649 SF on ±0.91 Acres | $3,125,000 | 7.00% Cap Rate


Investment Highlights

  • 100% Leased 6-Tenant Pad Building with Improved Land Parcel Included in the Sale
  • Diverse, Internet-Resistant, Service-Oriented Tenant Mix with Staggered Lease Terms
  • Part of an Entertainment Center which includes an Aquatic Center, Movie Theater, and Ice Rink
  • Located Within a 360-Degree Trade Area that Boasts over 210,000 people within a 5-Mile Radius
  • Near High Traffic Volume Intersection with Over 44,000 Daily Cars at California & Union Avenue
  • Fee-simple ownership (land & building) allowing for tax beneficial depreciation of the building and improvements

How it Works

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Listing Syndicated From

Buildout
Accepting Offers
$3,125,000
Asking Price

Investment Sales Broker

Ashton Summers
Capacity Commercial Group

Market Insights