2309 Niles Pt | Bakersfield, CA 93306
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2309 Niles Pt
Bakersfield, CA 93306
Vallarta Supermarkets · Retail Property For Sale
Investment Highlights
- Ideal Demographics: Bakersfield’s Hispanic population makes up 53.6% of residents, an ideal customer base for Vallarta’s specialty grocery format.
- High-Performing Location: This store ranks as the 14th best-performing Vallarta in the chain attracting an average of 40,677 monthly visitors.
- Recession-Resistant Tenant: Vallarta Supermarkets, a leading regional grocer with 60+ California locations.
- Consistent, Passive Income Stream: The absolute NNN fee simple structure provides reliable, passive income with zero landlord responsibilities.
- High-Visibility Location: Positioned at the intersection of Niles St and Mt Vernon Ave, a signalized intersection.
- First Time on Market in Nearly 15 Years: Tenant recently exercised a new 5-year lease extension, demonstrating commitment to the site.
Property Facts
Property Type
Retail
Property Subtype
Supermarket
Building Size
31,230 SF
Building Class
B
Year Built
1967
Tenancy
Single
Building Height
1 Story
Building FAR
0.63
Lot Size
1.15 AC
Zoning
C-2
Parking
106 Spaces (3.39 Spaces per 1,000 SF Leased)
Frontage
247’ on Niles Point
Property Taxes
| Parcel Numbers | Improvements Assessment | $3,391,972 | |
| Land Assessment | $886,311 | Total Assessment | $4,278,283 |
Property Taxes
Parcel Numbers
Land Assessment
$886,311
Improvements Assessment
$3,391,972
Total Assessment
$4,278,283
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