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DriveTime 3737 Ming Ave 20,305 SF Retail Building Bakersfield, CA 93309 $6,698,545 CAD ($329.90 CAD/SF) 5.33% Cap Rate
Investment Highlights
- High Quality Asset
- Strong visibility, signage and ease of access from Ming Avenue
- Strong Location in Established Trade Area in South Bakersfield
- Excellent location on Ming Avenue a major retail corridor of Bakersfield
- Purchase as an investor and capitalize on the outstanding Central California location
- Main retail corridor Ming Avenue with high traffic counts and national credit retailers
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
20,305 SF
Building Class
C
Year Built
1971
Price
$6,698,545 CAD
Price Per SF
$329.90 CAD
Cap Rate
5.33%
NOI
$357,292 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.23
Lot Size
2.03 AC
Zoning
C-2
Parking
126 Spaces (6.21 Spaces per 1,000 SF Leased)
Frontage
246’ on Ming Ave
Amenities
- Pylon Sign
- Signage
Walk Score®
Very Walkable (70)
Nearby Major Retailers
Property Taxes
| Parcel Number | 440-012-08-00-9 | Improvements Assessment | $1,737,731 CAD |
| Land Assessment | $978,467 CAD | Total Assessment | $2,716,198 CAD |
Property Taxes
Parcel Number
440-012-08-00-9
Land Assessment
$978,467 CAD
Improvements Assessment
$1,737,731 CAD
Total Assessment
$2,716,198 CAD
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DriveTime | 3737 Ming Ave
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