Ming Around the Corner
Bakersfield, CA Wible Orchard

Price Upon Request

General Retail For Sale • 138,642 SF

2 Properties View all

Property Details

Property Type General Retail

30 Transit Score

60 Walk Score

                
                    Highlights
                
                                Proven & Resilient Grocery Anchor: Anchored by a successful FoodMaxx with a very low 4.24% occupancy cost, demonstrating exceptional profitability
                            
                                Significant Value-Add Potential: Projected 4.12% NOI CAGR over 5 years driven by the lease-up of ±10,470 SF and redevelopment of the dark Walgreens 
                            
                                Strategic, High-Traffic Location: Positioned at a signalized intersection with combined traffic counts of ±45,000 vehicles per day 
                            
                                Dominant Tenancy in Primary Trade Area: Key tenants like BioLife and Stanton Optical are the sole locations in the market or wider area
                            
                                Dense Infill Demographics: The trade area features a large, stable consumer base with over 141,000 residents within 3 miles