Bakersfield, CA 93309,3601 Ming Avenue
Bakersfield, CA 93309,3601 Ming Avenue
Bakersfield, CA 93309,3601 Ming Avenue
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$3,495,000
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15,000 SqFt
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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


Golden Empire MLS (Bakersfield AOR)
Listed by Jason D Moss • Moss Real Estate

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3601 Ming Avenue