For Sale | Strong Performing Net Leased Investment With Upside Value

2151 S Chester Ave | Bakersfield, CA
Retail
$1,500,000
  • Proven track record at this location
  • Family Dollar operates over 8,300 stores across the nation showcasing their proven performance
  • Tenant exercised first option for lease renewal and includes a long-term corporate guarantee
  • Newly remodeled in 2021 and 2023, with new HVAC system installed by tenant in 2024
  • Ample lot space for expansion as needed. Built in Steel shed added in 1980 with ample parking.
  • Great access to Bakersfield Municipal airport and Kern County Fairgrounds located just north of the property
  • Many other standalone retail tenants along Chester Ave including O’Reilly’s, Ace Hardware, Dollar General and many more
Sale Price:
$1,500,000
Cap Rate:
6.41%

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