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Colonial Square 5101-5153 Ming Ave 1,360 - 4,737 SF of Retail Space Available in Bakersfield, CA 93309
HIGHLIGHTS
- Prime Available Locations - Units 5117 & 5127b - Ming & Stine Road
- Great for Office or Retail FLEX Use !
- Hard corner signalized intersection
- Base Rent $1.70 PSF + NNN 75¢ PSF = $2.45 /PSF/Mo .. $28.85/PSF/Yr
- Zoned C-2, City of Bakersfield
- Strong Demographics & Traffic Counts - 32K Ming + 22K New Stine
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 5117 | 1,360 SF | 5 Years | $20.40 /SF/YR $1.70 /SF/MO $27,744 /YR $2,312 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste 5127b | 3,377 SF | 5 Years | $16.20 /SF/YR $1.35 /SF/MO $54,707 /YR $4,559 /MO | Triple Net (NNN) |
5101-5145 Ming Ave - 1st Floor - Ste 5117
Space currently occupied - call Broker / Attorney Paul Stansen @ 818-512-1715 for discussion. Ideal new tenant is a hair salon. Existing tenant is willing to SELL existing tenant improvements. We will negotiate a new lease contract. Note there are non-compete provisions in lease to prevent same use within Colonial Square.
- Lease rate does not include utilities, property expenses or building services
- Central Air and Heating
- Drop Ceilings
- After Hours HVAC Available
- Hardwood Floors
- BEST USE is Hair Salon!
- Rent $1.35 PSF/Mo + $0.75 PSF/Mo NNN
- Hard corner signalized intersection
- Zoned C-2, City of Bakersfield
- Demo & Traffic Counts - 32K Ming + 22K New Stine
5101-5145 Ming Ave - 1st Floor - Ste 5127b
Unit 5127 (previously occupied by Nick Rail Music 4077SF) is immediately available for occupancy! 700SF was divided off and leased leaving 3,377SF. Call me (Paul 818-512-1715) to discuss and/or submit a lease proposal. ---- - Lessor is prefers a longer-term lease (5-10 years with options) for the right qualified / motivated tenant prospect. Consolidate Locations or Expand Business to Colonial Square! Space would be great for a music store, laudromat, trade school, pharmacy, select restaurant, a child care facility, a furniture store, etc. ---- - Unit 5127b - Base Rent $1.35 PSF + NNN 75¢ PSF = $2.10 /PSF/Mo .. $25.20/PSF/Yr - Colonial Square is a 41,238 SF shopping center located at the intersection of Ming Ave & New Stine Road in Southwest Bakersfield. Situated along the Ming Avenue corridor, center offers an excellent location at a highly traveled intersection and fantastic demographics! Under new ownership July 2022 - improvements completed AND maintained to enhance tenant and customer experience. ---- - CALL 818-512-1715 anytime - let's strike a deal!
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Space is in Excellent Condition
- Central Air and Heating
- Drop Ceilings
- After Hours HVAC Available
- Open rooms idea for a tenant who does need offices
- Partially Built-Out as Standard Retail Space
- Lease rate does not include utilities or NNNs
- Located in-line with other retail
- High foot and auto traffic
- CENTER of Colonial Square-high visibility location
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT COLONIAL SQUARE
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Liberty Tax Service
- Acctg/Tax Prep
- 3,789
- International
- Old Towne Liquor
- Retailer
- -
- -
- State Farm
- Insurance
- 24,847
- National
- Subway
- Sub Sandwich
- 28,915
- International
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Liberty Tax Service | Acctg/Tax Prep | 3,789 | International |
| Old Towne Liquor | Retailer | - | - |
| State Farm | Insurance | 24,847 | National |
| Subway | Sub Sandwich | 28,915 | International |
PROPERTY FACTS
| Total Space Available | 4,737 SF | Frontage | |
| Center Type | Neighborhood Center | Gross Leasable Area | 41,238 SF |
| Parking | 90 Spaces | Total Land Area | 2.97 AC |
| Stores | 18 | Year Built | 1985 |
| Center Properties | 2 |
| Total Space Available | 4,737 SF |
| Center Type | Neighborhood Center |
| Parking | 90 Spaces |
| Stores | 18 |
| Center Properties | 2 |
| Frontage | |
| Gross Leasable Area | 41,238 SF |
| Total Land Area | 2.97 AC |
| Year Built | 1985 |
ABOUT THE PROPERTY
Colonial Square is a 41,238 SF shopping center located at the intersection of Ming Ave & New Stine Road in Southwest Bakersfield. Situated along the Ming Avenue corridor, center offers an excellent location at a highly traveled intersection. Under new ownership July 2022 - improvements completed to enhance tenant and customer experience.
- Signalized Intersection
- Tenant Controlled HVAC
- Air Conditioning
NEARBY MAJOR RETAILERS
Presented by
Paul E Stansen, APC
Colonial Square | 5101-5153 Ming Ave
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