Wible Rd Portfolio - $200K Reduction 2 Retail Properties Offered at $3,150,333 CAD in Bakersfield, CA

$200.0000 PRICE REDUCTION - MOTIVATED SELLER / VALUE- ADD OPPORTUNITY / +/- $100/SF
This opportunity is located at 1364 Kingsley Lane (AKA 1304 Wible Rd.), and 1410 Wible Road in Bakersfield, California. Just south of Ming Avenue, with Highway 99 visibility and accessibility.
The asset comprises two one-story buildings situated on two separate parcels: (+/- 16,864 SF) 148-260-35-00-5 and (+/- 6,100 SF) 148-260-34-00-2, with a total of approximately 22,964 square feet of gross leasable area and +/-54,000 square feet of land. Zoned C-2. Ample parking of +/- 100 open spaces. The building features +/- 275 feet of frontage on Wible Road. The property is part of a community center with +/- 181,524 square feet of gross leasing area and +/- 8.92 acres of land.
Great location just south of Ming Street, adjacent to Marshalls, Burlington, Men’s Wearhouse, Carl’s Jr., and Subway. The asset is situated across the street from the Valley Plaza Mall, featuring anchor tenants such as Macy's, Target, JCPenney, and Pacific Theater, as well as a variety of shops and restaurants.
Neighboring retailers include: Ross, T.J. Maxx, Big 5 Sporting Goods, dd’s Discount, Dollar Tree, Mattress Firm, Home Depot, Costco, 7-Eleven, McDonald’s, PetSmart, CVS, Starbucks, Del Taco, Jack in the Box, AT&T, and more.