Bakersfield Travel Center Retail NNN 32507 Paradise Way 6,477 SF 75% Leased 4-Star Retail Building Bakersfield, CA 93308 $4,476,875 CAD ($691.20 CAD/SF) 8.25% Cap Rate

4 Unit NNN investment Opportunity : Tenants include Starbucks, Subway and a restaurant tenant
This is a high-yield, multi-tenant NNN retail investment opportunity located at 32507 Paradise Way, Bakersfield, CA, offered at $3,250,000 with an attractive 8.25% cap rate. The property consists of a ±6,477 SF retail building situated on ±0.77 acres and is currently configured for up to four tenants, with one additional leasing opportunities for upside potential.
The asset is anchored by Starbucks, providing strong national credit tenancy, alongside additional tenants including Subway and a local restaurant operator. The diverse tenant mix offers stable in-place income while allowing investors to capture additional value through lease-up of vacant space.
Each tenants operate under NNN lease structures, minimizing landlord responsibilities and creating a passive investment profile. The Starbucks lease features over 7 years of term remaining with multiple extension options, delivering long-term stability, while other tenants provide additional income and future rent growth through scheduled increases.
Strategically positioned in Bakersfield—one of California’s fastest-growing logistics and population hubs—the property benefits from strong traffic patterns, expanding infrastructure, and a business-friendly environment, making it an ideal investment for both yield-focused and value-add investors.