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6300 White Ln
Bakersfield, CA 93309
Retail Property For Sale
Investment Highlights
- Crossroads Shopping Center is anchored by SF Supermarket, a major grocery operator.
- The surrounding 3-mile population is projected to increase approximately 1.05% annually through 2030, while the 5-mile population is projected to grow
- Crossroads functions as a neighborhood-oriented shopping destination serving everyday consumer needs, including grocery, food service, healthcare
Executive Summary
Crossroads Shopping Center presents an attractive opportunity to acquire an established neighborhood retail center strategically positioned at the highly visible intersection of White Lane and Ashe Road in Southwest Bakersfield. The property benefits from strong exposure, convenient access, and a dense surrounding residential population, making it well positioned to capture consistent daily-needs retail traffic.
Anchored by SF Supermarket, the center serves as an established shopping destination for the surrounding community and offers a diversified mix of grocery, food service, healthcare, financial, personal-service, and specialty retail uses. The everyday-needs tenant profile helps generate recurring customer visits throughout the week and provides a strong foundation for long-term retail performance.
The property occupies approximately 8.17 acres within an established commercial corridor and benefits from significant traffic along White Lane, reportedly exceeding 50,000 vehicles per day. Its prominent corner location provides excellent visibility and convenient access for customers traveling throughout Southwest Bakersfield.
Anchored by SF Supermarket, the center serves as an established shopping destination for the surrounding community and offers a diversified mix of grocery, food service, healthcare, financial, personal-service, and specialty retail uses. The everyday-needs tenant profile helps generate recurring customer visits throughout the week and provides a strong foundation for long-term retail performance.
The property occupies approximately 8.17 acres within an established commercial corridor and benefits from significant traffic along White Lane, reportedly exceeding 50,000 vehicles per day. Its prominent corner location provides excellent visibility and convenient access for customers traveling throughout Southwest Bakersfield.
Property Facts
Sale Type
Investment NNN
Property Type
Building Size
98,128 SF
Building Class
B
Year Built
1986
Price
$26,011,680 CAD
Price Per SF
$265.08 CAD
Cap Rate
6.57%
NOI
$1,709,863 CAD
Percent Leased
99%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.28
Lot Size
8.17 AC
Zoning
C2 - Commercial
Parking
275 Spaces (2.8 Spaces per 1,000 SF Leased)
Amenities
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Signalized Intersection
Property Taxes
| Parcel Number | 384-440-07-00-8 | Improvements Assessment | $17,058,750 CAD |
| Land Assessment | $5,847,307 CAD | Total Assessment | $22,906,057 CAD |
Property Taxes
Parcel Number
384-440-07-00-8
Land Assessment
$5,847,307 CAD
Improvements Assessment
$17,058,750 CAD
Total Assessment
$22,906,057 CAD
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