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1220 Oak St
Bakersfield, CA 93304

Cal-Oak Shopping Center · Retail Property For Sale

Investment Highlights

  • Stabilized Cap Rate 7.8% with established tenants-TurnKey Condition
  • Visible from Highway 99, which has a daily traffic count of 161,000 cars
  • Owner Occupy Opportunity
  • Retail Strip building + Standalone Drive-Thru Pad (Jack-in-the-Box) at the High Traffic Intersection
  • Ample Parking
  • Signalized Intersection with Strong Surrounding Demand Drivers

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
23,247 SF
Building Class
B
Year Built
1986
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.28
Lot Size
1.93 AC
Zoning
M-2
Parking
107 Spaces (4.6 Spaces per 1,000 SF Leased)

Amenities

  • Bus Line
  • Pylon Sign
  • Signage
  • Signalized Intersection

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
004-360-13-00-1
Land Assessment
$1,104,580
Improvements Assessment
$2,941,906
Total Assessment
$4,046,486
  • Listing ID: 29323099

  • Date on Market: 8/21/2023

  • Last Updated:

  • Address: 1220 Oak St, Bakersfield, CA 93304

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