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32507 Paradise Way
Bakersfield, CA 93308 Outer NW Bakersfield

$3,250,000 USD

General Retail For Sale  •  6,477 SF

Property Details

  • Property Type General Retail
  • Total Building Size 6,477 SF
  • Lot Size 0.77 AC
  • Building Class B
  • Year Built 2024
  • Cap Rate 8.25 %
  • Tenancy Multiple
10 Walk Score

Highlights

High Yield Investment – Offered at a strong 9% cap rate with diversified income streams
National Credit Tenant – Starbucks anchor with ~7+ years remaining and multiple renewal options
Value-Add Upside – Two additional leasable units provide opportunity to increase NOI
NNN Lease Structure – Tenants responsible for operating expenses, minimizing landlord involvement
Located in a growing Bakersfield market with consistent consumer and commuter traffic
Cap Rate: 8.25 %

Public Transportation

AirportDriveWalkDistance
Meadows Field 20 min - 11.6 mi
Timothy Haves 949-636-3961 Petroleum Realty Group ®
Timothy Haves 949-636-3961 Petroleum Realty Group ®