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INVESTMENT HIGHLIGHTS
- Signalized 4-way intersection with a combined traffic count of over 53,166
- Established location previously operated by Rite Aid
- On-site drive-thru (±10’ clearance)
EXECUTIVE SUMMARY
NAI Capital is proud to present this exceptional former Rite Aid property located at 1425 South H Street in Bakersfield, California. Positioned on a highly visible, signalized corner at Ming Avenue and South H Street, this ±16,724 SF freestanding retail building sits on ±1.65 acres and offers excellent exposure in a rapidly growing area of Kern County. The property features ample on-site parking, strong daily traffic counts, and with an existing drive-thru, making it an ideal opportunity for an owner-user, investor, or retailer seeking a prime Bakersfield location.
Centrally positioned at the H Street & Ming Avenue regional retail node. The property is less than a mile drive (0.9 mi) from Valley Plaza Mall (270+ shops, dining, and cinema)—Bakersfield’s largest retail destination and a long-standing regional draw. The site occupies a busy, signalized corner with strong visibility and enjoys quick access to SR-99 and SR-58. It also benefits from proximity to the Kern County Fairgrounds to the east, which drives periodic spikes in area traffic through major annual and year-round events. Adding to daily demand, California State University, Bakersfield (CSUB)—serving roughly 10,000 students and staff—sits nearby, supporting value retail, food, fitness, and service tenants.
Centrally positioned at the H Street & Ming Avenue regional retail node. The property is less than a mile drive (0.9 mi) from Valley Plaza Mall (270+ shops, dining, and cinema)—Bakersfield’s largest retail destination and a long-standing regional draw. The site occupies a busy, signalized corner with strong visibility and enjoys quick access to SR-99 and SR-58. It also benefits from proximity to the Kern County Fairgrounds to the east, which drives periodic spikes in area traffic through major annual and year-round events. Adding to daily demand, California State University, Bakersfield (CSUB)—serving roughly 10,000 students and staff—sits nearby, supporting value retail, food, fitness, and service tenants.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
16,724 SF
Building Class
B
Year Built
1999
Price
$3,900,000
Price Per SF
$233.20
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
1.65 AC
Zoning
C-2 - Commercial
Parking
86 Spaces (5.14 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 148-144-01-00-9 | Improvements Assessment | $3,441,576 |
| Land Assessment | $670,464 | Total Assessment | $4,112,040 |
PROPERTY TAXES
Parcel Number
148-144-01-00-9
Land Assessment
$670,464
Improvements Assessment
$3,441,576
Total Assessment
$4,112,040
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1425 S H St
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