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Panama & Ashe Village 6348 Ashe Rd

31,925 SF 100% Leased Retail Building Bakersfield, CA 93313 $22,653,000 ($710/SF) 5% Cap Rate

Storefront Properties California Bakersfield 6348 Ashe Rd, Bakersfield, CA 93313

Investment Highlights

  • Located at NEC of Panama Lane & Ashe Road
  • Sale Offering 6.45± Acres/32,141± SF
  • Pad tenants include 7-11, Starbucks, Raising Canes, Habit Burger Grill, Straw Hat Pizza Grill
  • Total Shopping Center - 9.88 Acres/62,096 SF
  • Shadow Anchored by Planet Fitness (NAP)
  • 37,000+ AADT

Executive Summary

Located at NEC of Panama Lane & Ashe Road
9.88 Acres/62,096 SF
Offering 6.45± Acres/32,141± SF
Shadow Anchored by Planet Fitness (NAP)
Pad tenants include 7-11, Starbucks, Raising
Canes, Habit Burger Grill, Straw Hat Pizza Grill
37,000+ AADT
Population - 100,000+ within 3 miles
Average Household Income - $90,000 within 1 mile
Double section line intersection
New construction
Offering Price - $22,653,000
5% CAP rate

Attachments

SDA-PanamaAsheVillage-2PFlyer

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
31,925 SF
Building Class
B
Year Built
2022
Price
$22,653,000
Price Per SF
$710
Cap Rate
5%
NOI
$1,132,650
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.11
Lot Size
6.45 AC
Zoning
C-2 - Commercial
1 of 1

Nearby Major Retailers

WaBa Grill
The Habit Burger Grill
Planet Fitness
Winco Foods
Altaone Federal Credit Union
Derrel's Mini Storage
Starbucks
Chase Bank

PROPERTY TAXES

Parcel Number 499-573-10-00-2 Improvements Assessment $3,849,458
Land Assessment $298,577 Total Assessment $4,148,035

PROPERTY TAXES

Parcel Number
499-573-10-00-2
Land Assessment
$298,577
Improvements Assessment
$3,849,458
Total Assessment
$4,148,035
(661) 616-3595

Contact

  • Listing ID: 30403732

  • Date on Market: 12/19/2023

  • Last Updated:

  • Address: 6348 Ashe Rd, Bakersfield, CA 93313

More public record information on 6348 Ashe Rd, Bakersfield, CA 93313

The Retail Property at 6348 Ashe Rd, Bakersfield, CA 93313 is currently available for sale. Contact ASU Commercial for more information.

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Panama & Ashe Village | 6348 Ashe Rd
(661) 616-3595 x

Panama & Ashe Village | 6348 Ashe Rd

Steve Adams

(661) 616-3595

(661) 616-3595

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