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Bakersfield Travel Plaza Truck Wash 17070 Riviera St 8,000 SF 100% Leased Retail Building Bakersfield, CA 93308 $3,000,000 ($375/SF) 6.40% Cap Rate
EXECUTIVE SUMMARY
Located in the heart of California’s Central Valley,
Bakersfield is one of the state’s fastest-growing metros and
a thriving hub for logistics, energy production, agriculture,
and oil. Positioned in Kern County, Bakersfield offers a
unique blend of strong blue-collar employment, expanding
logistics infrastructure, and long-term population growth
driven by affordability and business-friendly economics.
• High-demand investment market supported by logistics,
energy, and agriculture sectors
• Strong fundamentals driven by population growth,
affordability, and diverse employment drivers
• Prime location along major California freight routes with
consistent truck and commuter traffic
• Stable income base supported by long-term industries:
oil, agriculture, healthcare, and distribution
• Business-friendly regulatory climate compared to other
California metros
• High barriers to entry for new gas station development
near freeway corridors
• Significant inflow of residents relocating from higher-cost
coastal cities
• Attractive market for investors seeking durable cash flow
and recession-resistant tenant performance
Bakersfield is one of the state’s fastest-growing metros and
a thriving hub for logistics, energy production, agriculture,
and oil. Positioned in Kern County, Bakersfield offers a
unique blend of strong blue-collar employment, expanding
logistics infrastructure, and long-term population growth
driven by affordability and business-friendly economics.
• High-demand investment market supported by logistics,
energy, and agriculture sectors
• Strong fundamentals driven by population growth,
affordability, and diverse employment drivers
• Prime location along major California freight routes with
consistent truck and commuter traffic
• Stable income base supported by long-term industries:
oil, agriculture, healthcare, and distribution
• Business-friendly regulatory climate compared to other
California metros
• High barriers to entry for new gas station development
near freeway corridors
• Significant inflow of residents relocating from higher-cost
coastal cities
• Attractive market for investors seeking durable cash flow
and recession-resistant tenant performance
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Building Size
8,000 SF
Year Built
2024
Price
$3,000,000
Price Per SF
$375
Cap Rate
6.40%
NOI
$192,000
Percent Leased
100%
Building Height
1 Story
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Bakersfield Travel Plaza Truck Wash | 17070 Riviera St
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