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Bakersfield Travel Plaza Truck Wash 17070 Riviera St 16,704 SF 100% Leased Retail Building Bakersfield, CA 93308 $6,198,750 CAD ($371.09 CAD/SF) 4.27% Cap Rate
Investment Highlights
- Absolute NNN Investment – Tenant responsible for all expenses including roof, structure, and taxes (true passive ownership)
- High-Quality Asset – Dual 250’ truck wash tunnels on ±1.51-acre site built for heavy-duty commercial use
- Long-Term Lease with Growth – 5 years remaining + (3) five-year options and 3% annual rent increases
- Strong Logistics Location – Positioned in Bakersfield’s high-traffic freight corridor with consistent trucking demand
Executive Summary
This is a great opportunity to acquire a newer construction, absolute NNN-leased truck wash facility located at 17070 Riviera St in Bakersfield, CA. The property is fully leased to A-One Truck Wash, providing stable and predictable income with zero landlord responsibilities, as the tenant is responsible for roof, structure, and property expenses.
Situated on ±1.51 acres, the property features a state-of-the-art dual tunnel truck wash system, each approximately 250 feet in length, designed to accommodate high-volume commercial trucking demand. The asset benefits from its strategic location within one of California’s most active logistics corridors, with consistent truck traffic driven by the region’s strong agriculture, energy, and distribution industries.
The lease includes annual 3% rent increases and multiple renewal options, offering investors long-term income growth and stability. Bakersfield continues to experience population growth and economic expansion, making this an ideal investment for those seeking durable cash flow backed by essential service real estate.
Situated on ±1.51 acres, the property features a state-of-the-art dual tunnel truck wash system, each approximately 250 feet in length, designed to accommodate high-volume commercial trucking demand. The asset benefits from its strategic location within one of California’s most active logistics corridors, with consistent truck traffic driven by the region’s strong agriculture, energy, and distribution industries.
The lease includes annual 3% rent increases and multiple renewal options, offering investors long-term income growth and stability. Bakersfield continues to experience population growth and economic expansion, making this an ideal investment for those seeking durable cash flow backed by essential service real estate.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Service Station
Building Size
16,704 SF
Building Class
B
Year Built
2024
Price
$6,198,750 CAD
Price Per SF
$371.09 CAD
Cap Rate
4.27%
NOI
$264,480 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.25
Lot Size
1.51 AC
Not walkable
10/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 073-320-17-00-5 | Improvements Assessment | $7,146,191 CAD |
| Land Assessment | $288,789 CAD | Total Assessment | $7,434,980 CAD |
Property Taxes
Parcel Number
073-320-17-00-5
Land Assessment
$288,789 CAD
Improvements Assessment
$7,146,191 CAD
Total Assessment
$7,434,980 CAD
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Bakersfield Travel Plaza Truck Wash | 17070 Riviera St
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