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3701 Auburn St
Bakersfield, CA 93306
Retail Property For Sale
Investment Highlights
- Long-Term lease with stable income stream with rare 1.5% annual rental increase
- Absolute NNN lease to Calpac Pizza, LLC, a Pizza Hut franchisee with approximately 28 locations along the San Joaquin Valley
- 15 years lease with 11 years remaining with two (2) Five (5) year options to renew. ? Long Term Tenant
- Experience Operator with long-term operating history
- Pandemic, Recession, and Internet resistant tenant
- Ideally suited for the 1031 Exchange investor
Property Facts
Property Type
Retail
Property Subtype
Building Size
3,741 SF
Building Class
C
Year Built
1985
Tenancy
Single
Building Height
1 Story
Building FAR
0.66
Lot Size
0.13 AC
Zoning
C-1 - Commercial
Frontage
50’ on Auburn
Amenities
- Corner Lot
- Restaurant
- Signage
Property Taxes
| Parcel Number | 130-210-34-00-8 | Improvements Assessment | $90,202 |
| Land Assessment | $1,395,488 | Total Assessment | $1,485,690 |
Property Taxes
Parcel Number
130-210-34-00-8
Land Assessment
$1,395,488
Improvements Assessment
$90,202
Total Assessment
$1,485,690
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