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Two Tenant Trophy Retail 3601 Ming Ave 15,000 SF 43% Leased Retail Building Bakersfield, CA 93309 $4,772,877 CAD ($318.19 CAD/SF) 7.18% Cap Rate
Investment Highlights
- Newere Rebuilt Trophy Property
- Ample On Site Parking
- Great Visibility and Retail Synergy
Executive Summary
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 fie year options with a 10% increase in base rent for each option. Hustler Hollywood has a first right of refusal to purchase the property.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
15,000 SF
Building Class
C
Year Built/Renovated
1973/2015
Price
$4,772,877 CAD
Price Per SF
$318.19 CAD
Cap Rate
7.18%
NOI
$342,910 CAD
Percent Leased
43%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.36
Lot Size
0.97 AC
Zoning
C2, Bakersfield - Commercial
Parking
65 Spaces (4.33 Spaces per 1,000 SF Leased)
Frontage
126’ on Ming Avenue
Amenities
- Freeway Visibility
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Hustler Hollywood
- Retailer
- 6,500 SF
- $27.09 CAD
- Triple Net
- Jan 2026
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Hustler Hollywood | Retailer | 6,500 SF | $27.09 CAD | Triple Net | Jan 2026 |
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Premier retail space available in a two tenant trophy property with ample on site parking at arguably the best retail location in Bakersfield across the street from the Ming Avenue exit on the 191 with great retail synergy among other national and local retailers. Lease this location and take your business to the next level.
| Space | Size | Space Use | Position | Available |
| B | 8,500 SF | Retail | End Cap | Now |
B
| Size |
| 8,500 SF |
| Space Use |
| Retail |
| Position |
| End Cap |
| Available |
| Now |
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
B
| Size | 8,500 SF |
| Space Use | Retail |
| Position | End Cap |
| Available | Now |
Premier retail space available in a two tenant trophy property with ample on site parking at arguably the best retail location in Bakersfield across the street from the Ming Avenue exit on the 191 with great retail synergy among other national and local retailers. Lease this location and take your business to the next level.
Walk Score®
Very Walkable (74)
Nearby Major Retailers
Property Taxes
| Parcel Number | 440-131-10-00-2 | Improvements Assessment | $3,887,502 CAD |
| Land Assessment | $1,030,713 CAD | Total Assessment | $4,918,215 CAD |
Property Taxes
Parcel Number
440-131-10-00-2
Land Assessment
$1,030,713 CAD
Improvements Assessment
$3,887,502 CAD
Total Assessment
$4,918,215 CAD
1 of 36
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Two Tenant Trophy Retail | 3601 Ming Ave
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