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Dollar Tree | Bakersfield, CA 1501 White Ln 22,880 SF 100% Leased Retail Building Bakersfield, CA 93307 $4,904,000 ($214.34/SF) 5.65% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Single-Tenant NNN Dollar Tree
  • 8% iIncreases Every 5 Years (Next Increase February 2028)
  • Investment-Grade Credit (NASDAQ DLTR; S&P: BBB)
  • New 12-Year Lease Term
  • Corporate-Guaranteed Lease
  • High-Traffic Intersection of White Lane and H Street; 45,000 Cars Per Day

EXECUTIVE SUMMARY

Investment Grade Credit | New 12-Year Lease Term | 8% Increases Every 5 Years

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
22,880 SF
Building Class
B
Year Built/Renovated
1984/2024
Price
$4,904,000
Price Per SF
$214.34
Cap Rate
5.65%
NOI
$277,076
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.26
Lot Size
1.99 AC
Opportunity Zone
Yes
Zoning
C-2
Frontage
261’ on White Ln

AMENITIES

  • Bus Line
  • Pylon Sign
  • Signage

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Retailer
  • -
  • -
  • -

At Dollar Tree, they are working hard to create an environment where shopping is fun… a place where customers can discover new treasures every week… a store where entire families can enjoy hunting for that special something. They bring it all to people in stores that are bright and well lit, clean and well organized… and stocked with the items people are looking for! Just as important, especially during these tough economic times, they continue to offer customers the products they need at extreme values! They are expanding assortment of merchandise, constantly bringing people new and exciting items. Some of the product departments people find at a Dollar Tree store in Canada include housewares, glassware, dinnerware, cleaning supplies, candy, snacks, food, health and beauty, toys, gifts, gift bags and wrap, party supplies, stationery, craft supplies, teaching supplies, books, seasonal décor, and more!

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Retailer - - -

NEARBY MAJOR RETAILERS

Foods Co.
Yoshinoya
Rent-A-Center
Chase Bank
Superior Grocers
Denny's
Country Kitchen
Starbucks
Vallarta Supermarkets
Derrel's Mini Storage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
171-010-64-00-6
Land Assessment
$1,040,400
Improvements Assessment
$2,834,049
Total Assessment
$3,874,449
  • Listing ID: 37686555

  • Date on Market: 9/15/2025

  • Last Updated:

  • Address: 1501 White Ln, Bakersfield, CA 93307

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