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Investment Highlights

  • SITE STILL OPEN AND OPERATIONAL. DO NOT DISTURB TENANT.
  • Business + Real Estate Acquisition | Full Operational Control
  • Freestanding Drive-Thru QSR in Dense Trade Area
  • Prime Chester Avenue Corridor Location | High Visibility & Strong Traffic
  • Strong Sales Performance With Continued Growth
  • Located in a Growing, Diversified Bakersfield MSA

Executive Summary

Marcus & Millichap is pleased to offer a business + real estate acquisition opportunity in a high-traffic downtown corridor. The asset includes both the fee simple real estate and the operating Popeyes business, providing full control over operations, income, and long-term appreciation. The ±1,479 SF freestanding building features a drive-thru, strong street visibility, and a proven operational layout ideal for high-volume QSR performance.
The store generated about $1.41M in 2025 net sales, with consistent year-over-year growth and rising weekly averages, demonstrating durable demand and operational momentum. Normalized 2025 EBITDAR of $159,685 highlights meaningful upside for an owner-operator through operational efficiencies, cost management, and strategic revenue initiatives. An additional income stream from an onsite billboard lease provides supplemental yield.
Strategically positioned along Chester Avenue, a major north-south arterial connecting Downtown Bakersfield to State Route 99, the property benefits from strong commuter flow, dense daytime population, and proximity to government offices, medical facilities, and major civic anchors including Dignity Health Arena and Bakersfield High School. Surrounded by national retailers, service businesses, and established residential neighborhoods, the location captures a balanced mix of local residents, downtown employees, and regional commuters.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
1,479 SF
Building Class
C
Year Built
1977
Price
$3,212,309 CAD
Price Per SF
$2,171.95 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
0.28 AC
Opportunity Zone
Yes
Zoning
C-2
Frontage
136’ on 1st St

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Accommodation and Food Services
  • -
  • -
  • -

Popeyes Louisiana Kitchen began in 1972 when Al Copeland opened the first location in Arabi, Louisiana. The company grew from a single restaurant into an international franchise with thousands of locations worldwide. The menu features spicy fried chicken, biscuits, seafood, and signature Cajun sides. Popeyes became part of Restaurant Brands International in 2017 while maintaining its distinct brand identity. The chain continues expanding globally through franchising agreements.

Tenant Industry SF Occupied Rent/SF Lease End
Accommodation and Food Services - - -
Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100

Nearby Major Retailers

Albertsons
Starbucks
Superior Grocers

Property Taxes

Property Taxes

Parcel Number
010-311-21-00-1
Land Assessment
$268,538 CAD
Improvements Assessment
$1,183,023 CAD
Total Assessment
$1,451,561 CAD
  • Listing ID: 40218082

  • Date on Market: 2026-04-20

  • Last Updated:

  • Address: 100 Chester Ave, Bakersfield, CA 93301

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