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Vallarta Supermarkets 2705 S H St 46,050 SF Retail Building Bakersfield, CA 93304 $8,937,062 ($194.07/SF) 7% Cap Rate
INVESTMENT HIGHLIGHTS
- Consistent, Passive Income Stream: The absolute NNN fee simple structure provides reliable, passive income with zero landlord responsibilities.
- Ideal Demographics: Bakersfield’s Hispanic population makes up 53.6% of residents, an ideal customer base for Vallarta’s specialty grocery format.
- Recession-Resistant Tenant: Vallarta Supermarkets, a leading regional grocer with 60+ California locations
- High-Performing Location: This store ranks as the 4th best-performing Vallarta in the chain and the 3rd highest in Bakersfield
- High-Visibility Location: Positioned at the intersection of S H St and Wilson Rd
- Investor-Friendly Market: Bakersfield’s population has grown to more than 418,000, with Kern County posting above-average economic growth
EXECUTIVE SUMMARY
Broker of Record
David Harrington
License # 02168060 (CA)
Matthews Real Estate Investment Services, Inc
2321 Rosecrans Ave., Suite 1225, El Segundo, CA 90245
(866) 889-0550
David Harrington
License # 02168060 (CA)
Matthews Real Estate Investment Services, Inc
2321 Rosecrans Ave., Suite 1225, El Segundo, CA 90245
(866) 889-0550
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Supermarket
Building Size
46,050 SF
Building Class
B
Year Built/Renovated
1985/2010
Price
$8,937,062
Price Per SF
$194.07
Cap Rate
7%
NOI
$625,594
Tenancy
Single
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.51
Lot Size
2.06 AC
Zoning
C-2
Parking
150 Spaces (3.26 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 023-291-28-00-1 | Improvements Assessment | $6,274,110 |
| Land Assessment | $474,093 | Total Assessment | $6,748,203 |
PROPERTY TAXES
Parcel Number
023-291-28-00-1
Land Assessment
$474,093
Improvements Assessment
$6,274,110
Total Assessment
$6,748,203
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Vallarta Supermarkets | 2705 S H St
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