O'Reilly Auto Parts Anchored Center | 2627 Haley St
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O'Reilly Auto Parts Anchored Center 2627 Haley St
6,720 SF 100% Leased Retail Building Bakersfield, CA 93305 $1,750,000 ($260/SF) 6.60% Cap Rate
Investment Highlights
- 6,720 Sf O'Reilly Auto Parts Anchored Retail Center On 16,988 Sf C2 Zoned Signalized Corner Lot.
- Corner Pad Location In A Lowe's Home Improvement, Foods Co., Dollar Tree, & Social Security Administration Anchored Center!
- Good Demographics; Over 20,000 People Reside Within A 1-Mile Radius & Over 120,000 People Reside Within A 3-Mile Radius.
- Located At The Major Signalized Intersection Of Columbus St. & Haley St.
- Excellent Freeway Access, Just A 1/4 Of A Mile From The 178 Freeway.
- Ample On-Site Parking Infront Of The Building.
Executive Summary
Located at 2627 Haley Street, Bakersfield, CA 93305, this 6,720-square-foot retail center, anchored by a corporate-leased O'Reilly Auto Parts, offers an outstanding investment opportunity. Positioned on a signalized corner lot spanning 16,988 square feet, the property benefits from high visibility with 105 feet of frontage along Haley Street and 137 feet along Columbus Street. This major intersection experiences impressive daily traffic, with approximately 30,000 cars passing by, ensuring constant exposure and accessibility.
The center includes two tenants, O’Reilly Auto Parts and a market, with ample onsite parking providing 18 spaces directly in front of the building. With its corner pad location, this property is part of a bustling commercial hub anchored by major retailers like Lowe's, Foods Co., Dollar Tree, and the Social Security Administration. Furthermore, it offers excellent freeway access, situated only a quarter mile from the 178 Freeway and just northwest of a Walmart and Target supercenter.
The local demographics are strong, with over 20,000 residents within a one-mile radius and more than 120,000 within three miles, making it a prime retail location with robust growth potential.
Current Cap is 6.0% Proforma Cap is 6.6%
The center includes two tenants, O’Reilly Auto Parts and a market, with ample onsite parking providing 18 spaces directly in front of the building. With its corner pad location, this property is part of a bustling commercial hub anchored by major retailers like Lowe's, Foods Co., Dollar Tree, and the Social Security Administration. Furthermore, it offers excellent freeway access, situated only a quarter mile from the 178 Freeway and just northwest of a Walmart and Target supercenter.
The local demographics are strong, with over 20,000 residents within a one-mile radius and more than 120,000 within three miles, making it a prime retail location with robust growth potential.
Current Cap is 6.0% Proforma Cap is 6.6%
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,720 SF
Building Class
C
Year Built
1982
Price
$1,750,000
Price Per SF
$260
Cap Rate
6.60%
NOI
$115,526
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.40
Lot Size
0.39 AC
Opportunity Zone
Yes
Zoning
C-2
Parking
18 Spaces (2.68 Spaces per 1,000 SF Leased)
MAJOR TENANTS Click Here to Access
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
- O'Reilly Auto Parts
- Retailer
- 99,999 SF
- $9.99
- Lorem Ipsum
- -
Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
O'Reilly Auto Parts | Retailer | 99,999 SF | $9.99 | Lorem Ipsum | - |
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 126-020-01-00-6 | Improvements Assessment | $1,231,423 |
Land Assessment | $162,976 | Total Assessment | $1,394,399 |
PROPERTY TAXES
Parcel Number
126-020-01-00-6
Land Assessment
$162,976
Improvements Assessment
$1,231,423
Total Assessment
$1,394,399
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O'Reilly Auto Parts Anchored Center | 2627 Haley St
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