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Investment Highlights
- Positioned at a prominent intersection with strong visibility and traffic counts.
- Features an end-cap space with drive-thru ideal for quick-service uses.
- Offers a 7% cap rate with gross leases already in place.
- Includes Bank of America ATM kiosk for added consumer traffic.
- Surrounded by major retailers including McDonald’s, Starbucks, and Albertsons.
- Located on a 35,000 SF parcel with 4,000+ SF of existing improvements.
Executive Summary
This strip center at 900 Kern Street in Taft, CA offers a rare investment opportunity in a high-traffic corridor. Situated at the NEC of Kern and 10th Street, the property features a 35,000 square-foot parcel with a 4,000+ square-foot building. The end-cap space includes a convenient drive-thru, and a Bank of America ATM kiosk adds consistent traffic and brand appeal. The center is structured with gross leases and presents a 7% cap rate, underscoring its income potential for investors. Surrounding national retailers include Albertsons, McDonald’s, Starbucks, and AutoZone, reinforcing strong consumer draw. At a sale price of $1,200,000, this property combines visibility, accessibility, and long-term income stability within Taft’s primary retail corridor.
Property Facts
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
3,795 SF
Building Class
C
Year Built
1985
Price
$1,200,000
Price Per SF
$316.21
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.11
Lot Size
0.76 AC
Opportunity Zone
Yes
Zoning
GC - General Commercial
Parking
20 Spaces (5.27 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Drive Thru
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Position
- Available
SUITE C (with Drive-Thru) • 1,325 SF ± • $3,500/month • Tenant reimburses prorata share of property taxes • 5-10 year Initial Lease Term • 3% annual Base Rent increases
| Space | Size | Space Use | Position | Available |
| C | 1,325 SF | Retail | In-Line | Now |
C
| Size |
| 1,325 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
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C
| Size | 1,325 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
SUITE C (with Drive-Thru) • 1,325 SF ± • $3,500/month • Tenant reimburses prorata share of property taxes • 5-10 year Initial Lease Term • 3% annual Base Rent increases
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 032-030-18-00-5 | Improvements Assessment | $221,364 |
| Land Assessment | $207,685 | Total Assessment | $429,049 |
Property Taxes
Parcel Number
032-030-18-00-5
Land Assessment
$207,685
Improvements Assessment
$221,364
Total Assessment
$429,049
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
900-910 Kern St
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