Family Dollar | 2151 S Chester Ave
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Family Dollar 2151 S Chester Ave
14,419 SF Retail Building Bakersfield, CA 93304 $1,500,000 ($104/SF) 6.41% Cap Rate
Investment Highlights
- Family Dollar operates over 8,300 stores across the nation showcasing their proven performance
- Newly remodeled in 2021 and 2023, with new HVAC system installed by tenant in 2024
- Great access to Bakersfield Municipal airport and Kern County Fairgrounds located just north of the property
- Tenant exercised first option for lease renewal and includes a long-term corporate guarantee
- Ample lot space for expansion as needed. Built in Steel shed added in 1980 with ample parking.
- Many other standalone retail tenants along Chester Ave including O’Reilly's, Ace Hardware, Dollar General and many more
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
14,419 SF
Building Class
C
Year Built/Renovated
1955/2023
Price
$1,500,000
Price Per SF
$104
Cap Rate
6.41%
NOI
$96,150
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Land Acres
2.10 AC
Zoning
C2 - Mixed-Use
Parking
42 Spaces (2.91 Spaces per 1,000 SF Leased)
Frontage
345 FT on S Chester Ave
Amenities
- Pylon Sign
- Signage
- Storage Space
Walk Score ®
Very Walkable (70)
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $995,997 | |
Land Assessment | $567,411 | Total Assessment | $1,563,408 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$567,411
Improvements Assessment
$995,997
Total Assessment
$1,563,408
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Family Dollar | 2151 S Chester Ave
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