2650 Mount Vernon Ave | Bakersfield, CA 93306
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- LoopNet Team
2650 Mount Vernon Ave
Bakersfield, CA 93306
Sizzler · Retail Property For Sale
Investment Highlights
- Absolute Triple Net (NNN) Lease With No Landlord Responsibilities
- Established Tenant That Has Remained in the Same Location For 20 Years
- 2 x 5 Year Options With Strong Rental Increases (Greater of 7% or Market)
- Below Market and Replaceable Rent – Rent Approximately $2.01 PSF / month
- Potential Short Term Value Add Opportunity From Increase Of Rent At Option Period And Future Reposition Opportunity
Property Facts
Property Type
Retail
Property Subtype
Building Size
6,219 SF
Building Class
C
Year Built
2013
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
1.04 AC
Zoning
C2
Parking
42 Spaces (0 Spaces per 1,000 SF Leased)
Frontage
89’ on Mount Vernon Avenue
Property Taxes
| Parcel Number | 126-100-18-00-9 | Improvements Assessment | $2,422,500 |
| Land Assessment | $178,500 | Total Assessment | $2,601,000 |
Property Taxes
Parcel Number
126-100-18-00-9
Land Assessment
$178,500
Improvements Assessment
$2,422,500
Total Assessment
$2,601,000
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