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5301 Olive Dr
Bakersfield, CA 93308
Retail Property For Sale
Investment Highlights
- 7.5% Cap Rate – NNN Single Tenant, with 3% Yearly Increases.
- Across the Street from Starbucks, McDonald's, Burger King, 7Eleven, Taco Bell, Jack in the Box, Ross, Dollar Tree & more.
- 1 Block North of San Lauren Elementary School
- Signalized Corner with over 53k Cars/day 1 Block from Freeway On & Off Ramp and Close to Interchange of 3 Freeways (99, 178 & 204 Freeways).
- Below Market Rent for such a busy Corner right by the Freeway.
- 1 Mile West of Good Samaritan Hospital
Property Facts
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,764 SF
Building Class
C
Year Built
1986
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
0.20 AC
Zoning
CH - CH
Parking
9 Spaces (5.1 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Signalized Intersection
- Tenant Controlled HVAC
- Wheelchair Accessible
- Air Conditioning
- Smoke Detector
Property Taxes
| Parcel Number | 365-020-25-00-9 | Improvements Assessment | $409,000 |
| Land Assessment | $225,000 | Total Assessment | $634,000 |
Property Taxes
Parcel Number
365-020-25-00-9
Land Assessment
$225,000
Improvements Assessment
$409,000
Total Assessment
$634,000
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