This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

7 Eleven 3130 24th St

2,320 SF Retail Building Bakersfield, CA 93301 $3,825,000 ($1,649/SF) 5.15% Cap Rate

Executive Summary

Offering an exceptional investment opportunity, this property situated at 3130 24th St., Bakersfield, CA 93309 boasts a prime location and impressive features. Strategically located in Bakersfield, a vibrant city with a growing economy, this property enjoys high visibility and accessibility. The property is leased under a Double-Net (NN) lease, with an original lease term of 15 years. With the lease commencement on August 4th, 2020, and an estimated expiration on August 3rd, 2035, there are 12 years remaining on the lease term, providing stability and consistent income.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Convenience Store
Building Size
2,320 SF
Building Class
B
Year Built
2020
Price
$3,825,000
Price Per SF
$1,649
Cap Rate
5.15%
NOI
$196,988
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.52 AC
Zoning
C2 - Commercial
Parking
18 Spaces
Frontage
99 FT on 24th Street

Amenities

  • Signage
Bike Score®
Very Bikeable (71)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

IHOP
Denny's
Starbucks
Black Angus Steakhouse
ColorTyme
Altaone Federal Credit Union
CrossFit
Dutch Bros
Cracker Barrel Old Country Store
Ono Hawaiian BBQ

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
001-310-05-00-2
Land Assessment
$727,273
Improvements Assessment
$826,130
Total Assessment
$1,553,403
  • Listing ID: 31536607

  • Date on Market: 4/17/2024

  • Last Updated:

  • Address: 3130 24th St, Bakersfield, CA 93301

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}