California
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Bakersfield
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93313
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Stonegate
Bakersfield Crossing - 3351 & 3541 Panama Lane, Bakersfield, CA, 93313
For Sale
Retail
For Sale
This property is available for sale
0.23
Acres
$4,845,552
Sale Price
-
Overview
Pricing based on "in-place" income only - 94% occupied.
Conservative market rents average just $1.38 psf.
Newer High Quality Construction (2007) - no deferred maintenance.
Focal, hard-corner location - over 46,000 cars per day.
Over 226,000 people living within 5 miles.
Adjacent retailers include Walgreens, Wells Fargo, Autozone and others (NAP).
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Property Details
Pricing based on "in-place" income only - 94% occupied.
Conservative market rents average just $1.38 psf.
Newer High Quality Construction (2007) - no deferred maintenance.
Focal, hard-corner location - over 46,000 cars per day.
Over 226,000 people living within 5 miles.
Adjacent retailers include Walgreens, Wells Fargo, Autozone and others (NAP).
- Property TypeRetail
- Sale Price$4,845,552
- Total Acres0.23
- Cap Rate6.5%
- Will build to suitNo
- SewerNo
- Corner lotNo
- Property ID195532
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