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Highlights

  • Freestanding single-tenant building on a signalized hard corner — maximum exposure and identity
  • High traffic volume with 35,308 vehicles per day combined on 23rd Street and H Street
  • Dual pylon signage on SR-178 and H Street delivers exceptional branding visibility to thousands of passing motorists daily
  • Located on State Highway 178, the primary east-west route connecting Highway 99 traffic directly to Northeast Bakersfield
  • Four convenient ingress and egress points along 23rd Street, H Street, and Eye Street
  • Dense daytime population with over 19,000 employees within one mile, supporting strong customer demand throughout the week

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor
  • 16,320 SF
  • Negotiable
  • $15.00 /SF/YR $1.25 /SF/MO $244,800 /YR $20,400 /MO
  • Triple Net (NNN)
Space Use
Retail
Build-Out
Full Build-Out
Availability
Now

The former Rite Aid space offers an open retail layout with flexibility for a variety of retail, pharmacy, medical, wellness, discount, and service-oriented concepts. The configuration supports customer-facing operations with the potential for customized merchandising, treatment, showroom, or service areas to accommodate an occupier's specific business needs.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Signalized hard-corner at SR-178 & H Street
  • 35,308 ADT combined traffic exposure
  • Four points of ingress/egress access
  • Dual pylon signage on SR-178 and H Street
  • Near major hospitals & medical offices
  • Former Rite Aid location
Space Size Term Rental Rate Rent Type
1st Floor 16,320 SF Negotiable $15.00 /SF/YR $1.25 /SF/MO $244,800 /YR $20,400 /MO Triple Net (NNN)

1st Floor

Size
16,320 SF
Term
Negotiable
Rental Rate
$15.00 /SF/YR $1.25 /SF/MO $244,800 /YR $20,400 /MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Build-Out
Full Build-Out
Availability
Now

The former Rite Aid space offers an open retail layout with flexibility for a variety of retail, pharmacy, medical, wellness, discount, and service-oriented concepts. The configuration supports customer-facing operations with the potential for customized merchandising, treatment, showroom, or service areas to accommodate an occupier's specific business needs.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Signalized hard-corner at SR-178 & H Street
  • 35,308 ADT combined traffic exposure
  • Four points of ingress/egress access
  • Dual pylon signage on SR-178 and H Street
  • Near major hospitals & medical offices
  • Former Rite Aid location

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

Property Facts

Total Space Available 16,320 SF
Property Type Retail
Property Subtype Drug Store
Gross Leasable Area 16,320 SF
Year Built 1999
Parking Ratio 5.69/1,000 SF

About the Property

Highly visible free standing retail building at the signalized southeast corner of 23rd Street / SR-178 and H Street — one of Bakersfield's most prominent hard-corner positions. State Highway 178, the region's primary east–west corridor connecting Highway 99 directly to Northeast Bakersfield, runs in front of the site — delivering sustained exposure to approximately 35,308 vehicles per day. Four convenient points of ingress and egress along 23rd Street, H Street, and Eye Street ensure effortless access from every direction. Zoned C-C Commercial Center and positioned near Bakersfield's major hospitals and medical offices, the location is surrounded by a robust daytime population exceeding 19,000 employees within one mile. Dual pylon signage on both SR-178 and H Street delivers unmatched branding visibility day and night. With its scale, access, and established corridor presence, this former Rite Aid offers an exceptional canvas for retail, medical, pharmacy, discount, specialty, or service-oriented users.

  • Corner Lot
  • Freeway Visibility
  • Pylon Sign
  • Signage
  • Signalized Intersection

Attachments

Brochure
Very walkable
80/100
Moderately drivable
70/100
Some public transit
50/100
Fairly bikeable
50/100

Nearby Major Retailers

Life Time
Westamerica Bank
Wells Fargo Bank
Starbucks
Bank of America
Chase Bank
Citizens Business Bank
Mechanics Bank
ColorTyme
Smart & Final
  • Listing ID: 41495415

  • Date on Market: 7/30/2026

  • Last Updated:

  • Address: 1701 23rd St, Bakersfield, CA 93301

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