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1616 Niles St
Bakersfield, CA 93305
 Single Tenant Net Leased Dollar General · Retail Property For Sale

Retail Buildings California Bakersfield 1616 Niles St, Bakersfield, CA 93305

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EXECUTIVE SUMMARY

Leased to Dollar General. Lease expires 5/1/2027. Asking 6.26$ CAP Rate.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
19,800 SF
Building Class
C
Year Built
1960
Price
$1,975,000
Price Per SF
$99.75
Cap Rate
6.26%
NOI
$123,635
Tenancy
Single
Building Height
1 Story
Building FAR
0.45
Lot Size
1.02 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
C-1 - General commercial
Parking
100 Spaces (5.05 Spaces per 1,000 SF Leased)
Frontage
269’ on Niles St

AMENITIES

  • Pylon Sign
  • Signage

PROPERTY TAXES

Parcel Numbers
Multiple
  • 138-130-15-00-6
  • 138-130-16-00-9
 Improvements Assessment $1,687,049
Land Assessment $135,446 Total Assessment $1,822,495

PROPERTY TAXES

Parcel Numbers
Multiple
  • 138-130-15-00-6
  • 138-130-16-00-9
Land Assessment
$135,446
Improvements Assessment
$1,687,049
Total Assessment
$1,822,495
 

  • Listing ID: 28461605

  • Date on Market: 5/11/2023

  • Last Updated:

  • Address: 1616 Niles St, Bakersfield, CA 93305

More public record information on 1616 Niles St, Bakersfield, CA 93305

The East Bakersfield Retail Property at 1616 Niles St, Bakersfield, CA 93305 is currently available. Contact ASU Commercial for more information.

RETAIL PROPERTIES IN NEARBY NEIGHBORHOODS

NEARBY LISTINGS

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1616 Niles St, Bakersfield, CA for sale Building Photo- Image 1 of 8
1616 Niles Street - Dollar General
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Iso View
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Front Of Store
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1616 Niles St, Bakersfield, CA for sale Interior Photo- Image 6 of 8
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