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$3,495,000
Est. payment /mo
15,000 SqFt
New
3601 Ming Avenue Bakersfield, CA 93309
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Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 15,000 sqft
Price per Sqft $233
MLS Listing ID 202512717
Year Built 1973
Lot Size 0.970 Acres
Acres 0.97
Property Sub-Type Commercial
Property Description
Whether it is for Investment purposes only or a hybrid of investment and use for your business, this is truly a trophy retail property in Bakersfield. comprised of over 15,000 sq ft of prime retail space re-built in 2015 on almost an acre of land on Ming with ample on site parking and great retail synergy, this is the property to own if investing in Bakersfield. The above cap rate is calculated based on Base Rent of 10,200 for Suite B NNN. The Base Term for Hustler Hollywood expires in March 2016. The lessee has two five year options with a 10% increase in base rent for each option. Hustler Hollywood has a first right of refusal to purchase the property.
Location
State CA
County Kern
Area 52
Zoning C004
Exterior
Present Use Retail

Listed by Jason D Moss • Moss Real Estate
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