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Wible Rd Portfolio 2 Retail Properties Offered at $2,500,000 in Bakersfield, CA
Investment Highlights
- Value-Add opportunity / Potential owner-user
- 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 lot,combining 2 parcels of land & 2 Separate Buildings adjacent to each one)
- 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
This opportunity is located at 1410 Wible Road and 1364 Kingsley Lane 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 & 145-260-34-00-2), and totaling 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 located across the street from the Valley Plaza Mall, with anchor tenants including Macy's, Target, JCPenney, and Pacific Theater, as well as various shops and restaurants.
Neighboring retailers include: Ross, T.J. Maxx, Big 5 Sporting Goods, dd’s Discount, Dollar Tree, Mattress Firm, Home Depot, 7-Eleven, McDonald’s, PetSmart, TJ Maxx, CVS, Starbucks, Del Taco, Jack in the Box, AT&T, and more.
The asset comprises two one-story buildings situated on two separate parcels: (148-260-35-00-5 & 145-260-34-00-2), and totaling 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 located across the street from the Valley Plaza Mall, with anchor tenants including Macy's, Target, JCPenney, and Pacific Theater, as well as various shops and restaurants.
Neighboring retailers include: Ross, T.J. Maxx, Big 5 Sporting Goods, dd’s Discount, Dollar Tree, Mattress Firm, Home Depot, 7-Eleven, McDonald’s, PetSmart, TJ Maxx, CVS, Starbucks, Del Taco, Jack in the Box, AT&T, and more.
Property Facts
| Price | $2,500,000 | Number of Properties | 2 |
| Price / SF | $85.75 / SF | Individually For Sale | 0 |
| Sale Type | Investment or Owner User | Total Building Size | 29,154 SF |
| Status | Active | Total Land Area | 1.24 AC |
| Price | $2,500,000 |
| Price / SF | $85.75 / SF |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 29,154 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 | 22,964 SF | 1984 | - |
| 1304 Wible Rd, Bakersfield, CA 93304 | Retail | 6,190 SF | 1984 | - |
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