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Wible Rd Portfolio - Motivated Seller 2 Retail Properties Offered at $2,500,000 in Bakersfield, CA
Investment Highlights
- MOTIVATED SELLER / VALUE-ADD OPPORTUNITY
- Ample parking +/- 100 spaces.
- Across the street from the Valley Plaza Mall with Target, Macy's, JCPenney, Sunbrella IMAX 3D Theater.
- $108.86 per SF, +/- 22,964 SF building, +/- 54,000 SF
- +/- 275 feet of frontage on Wible Road. Highway 99 visibility and accessibility.
- Adjacent to Marshalls, Burlington, Men’s Wearhouse, Carl’s Jr., and Subway
Executive Summary
MOTIVATED SELLER / VALUE- ADD OPPORTUNITY / +/- $108.80 $/SF
This opportunity is located at 1410 Wible Road and 1364 Kingsley Lane (AKA 1304 Wible Rd.) in Bakersfield, California. Just south of Ming Avenue, with Highway 99 visibility and accessibility.
The asset comprises two one-story buildings situated on two separate parcels: (148-260-35-00-5) is +/- 16,864 SF, and the other one (145-260-34-00-2) is +/- 6,100 SF, with a total of 22,964 square feet of gross leasable area and approximately 54,000 square feet of land. Zoned C-2. Ample parking of +/- 100 open spaces. The building features +/- 275 feet of frontage on Wible Road. The property is part of a community center with +/- 181,524 square feet of gross leasing area and +/- 8.92 acres of land.
Great location just south of Ming Street, adjacent to Marshalls, Burlington, Men’s Wearhouse, Carl’s Jr., and Subway. The asset is situated across the street from the Valley Plaza Mall, featuring anchor tenants such as Macy's, Target, JCPenney, and Pacific Theater, as well as a variety of shops and restaurants.
Neighboring retailers include: Ross, T.J. Maxx, Big 5 Sporting Goods, dd’s Discount, Dollar Tree, Mattress Firm, Home Depot, Costco, 7-Eleven, McDonald’s, PetSmart, CVS, Starbucks, Del Taco, Jack in the Box, AT&T, and more.
This opportunity is located at 1410 Wible Road and 1364 Kingsley Lane (AKA 1304 Wible Rd.) in Bakersfield, California. Just south of Ming Avenue, with Highway 99 visibility and accessibility.
The asset comprises two one-story buildings situated on two separate parcels: (148-260-35-00-5) is +/- 16,864 SF, and the other one (145-260-34-00-2) is +/- 6,100 SF, with a total of 22,964 square feet of gross leasable area and approximately 54,000 square feet of land. Zoned C-2. Ample parking of +/- 100 open spaces. The building features +/- 275 feet of frontage on Wible Road. The property is part of a community center with +/- 181,524 square feet of gross leasing area and +/- 8.92 acres of land.
Great location just south of Ming Street, adjacent to Marshalls, Burlington, Men’s Wearhouse, Carl’s Jr., and Subway. The asset is situated across the street from the Valley Plaza Mall, featuring anchor tenants such as Macy's, Target, JCPenney, and Pacific Theater, as well as a variety of shops and restaurants.
Neighboring retailers include: Ross, T.J. Maxx, Big 5 Sporting Goods, dd’s Discount, Dollar Tree, Mattress Firm, Home Depot, Costco, 7-Eleven, McDonald’s, PetSmart, CVS, Starbucks, Del Taco, Jack in the Box, AT&T, and more.
Taxes & Operating Expenses (Pro Forma - 2026) |
Annual |
|---|---|
| Gross Rental Income |
$326,116
|
| Other Income |
$78,130
|
| Vacancy Loss |
$60,637
|
| Effective Gross Income |
$343,609
|
| Taxes |
-
|
| Operating Expenses |
$105,866
|
| Total Expenses |
$105,866
|
| Net Operating Income |
$237,743
|
Taxes & Operating Expenses (Pro Forma - 2026)
| Gross Rental Income | |
|---|---|
| Annual | $326,116 |
| Other Income | |
|---|---|
| Annual | $78,130 |
| Vacancy Loss | |
|---|---|
| Annual | $60,637 |
| Effective Gross Income | |
|---|---|
| Annual | $343,609 |
| Taxes | |
|---|---|
| Annual | - |
| Operating Expenses | |
|---|---|
| Annual | $105,866 |
| Total Expenses | |
|---|---|
| Annual | $105,866 |
| Net Operating Income | |
|---|---|
| Annual | $237,743 |
Property Facts
| Price | $2,500,000 | Number of Properties | 2 |
| Price / SF | $109.64 / SF | Individually For Sale | 0 |
| Sale Type | Investment or Owner User | Total Building Size | 22,802 SF |
| Status | Active | Total Land Area | 1.24 AC |
| Price | $2,500,000 |
| Price / SF | $109.64 / SF |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 22,802 SF |
| Total Land Area | 1.24 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 1410 Wible Rd, Bakersfield, CA 93304 | Retail | 16,502 SF | 1984 | - |
| 1304 Wible Rd, Bakersfield, CA 93304 | Retail | 6,300 SF | 1984 | - |
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