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DriveTime 3737 Ming Ave 20,305 SF Retail Building Bakersfield, CA 93309 $4,900,000 ($241.32/SF) 5.33% Cap Rate
INVESTMENT HIGHLIGHTS
- High Quality Asset
- Strong visibility, signage and ease of access from Ming Avenue
- Strong Location in Established Trade Area in South Bakersfield
- Excellent location on Ming Avenue a major retail corridor of Bakersfield
- Purchase as an investor and capitalize on the outstanding Central California location
- Main retail corridor Ming Avenue with high traffic counts and national credit retailers
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
20,305 SF
Building Class
C
Year Built/Renovated
1971/2025
Price
$4,900,000
Price Per SF
$241.32
Cap Rate
5.33%
NOI
$261,360
Tenancy
Single
Building Height
2 Stories
Building FAR
0.23
Lot Size
2.03 AC
Zoning
C-2
Parking
126 Spaces (6.21 Spaces per 1,000 SF Leased)
Frontage
246’ on Ming Ave
AMENITIES
- Pylon Sign
- Signage
Walk Score®
Very Walkable (70)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 440-012-08-00-9 | Improvements Assessment | $1,269,538 |
| Land Assessment | $714,841 | Total Assessment | $1,984,379 |
PROPERTY TAXES
Parcel Number
440-012-08-00-9
Land Assessment
$714,841
Improvements Assessment
$1,269,538
Total Assessment
$1,984,379
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DriveTime | 3737 Ming Ave
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