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1428 Merle Haggard Dr
Bakersfield, CA 93308
Retail Property For Sale
Investment Highlights
- New construction. Strong, logistics growth trade area.
- Annual Average Daily Traffic Counts of ±35,000 AADT (All directions 2023).
- Directly adjacent to Meadows Field Airport, 2.3 million SF Amazon Fulfillment Center and several office, industrial and retail businesses.
- Absolute NNN investment. Fresh Sbux 10-year initial lease term.
- Upside value added vacancy (2,418 SF).
- Surrounded by a diversified mix of strong national and regional brands. "Going to work" direct access westbound on Merle Haggard Drive.
Executive Summary
NEW CONSTRUCTION ! Starbucks anchored drive-thru. The center fronts Merle Haggard Drive and the 2.3 million SF Amazon Fulfillment Center along the business/industrial corridor in North Bakersfield and located approximately 1 mile east of Highway 99 and Highway 65, the main freeway interchange servicing Bakersfield, Porterville, Interstate 5 and the 1,600 acre master-planned Wonderful Industrial Park.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
4,633 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
2025
Price
$4,205,580
Price Per SF
$907.74
Cap Rate
6.20%
NOI
$260,746
Percent Leased
48%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.10
Lot Size
1.03 AC
Zoning
M-2 PD H - County of Kern
Medium Industrial, Precise Development
Combining Airport Approach Height
Property Taxes
| Parcel Number | 483-230-02-00-4 | Improvements Assessment | $456,000 |
| Land Assessment | $1,061,208 | Total Assessment | $1,517,208 |
Property Taxes
Parcel Number
483-230-02-00-4
Land Assessment
$1,061,208
Improvements Assessment
$456,000
Total Assessment
$1,517,208
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