99 Cents Store - Bakersfield, CA

Located just off the intersection of Coffee Road and Hageman Road. The site offers new construction on a new lease. The region is surrounded by revitalized, new and growing retail. Such national retailers include: Jersey Mikes, McDonalds, Shell, Chipotle, Carl's Jr., Vons, CVS, Winco Foods, El Pollo Loco, Robobank, Union Bank, Lowes, Best Buy, Home depot, WalMart Super center, Steak & Grape, and Bank of America just to name a few of the national chain tenants in the immediate area (see aerial). In addition to these national retailers, there are also several regional retailers made up of nail salons, dry cleaners, credit unions and restaurants.

Winco Foods is a mega supermarket offering more than 95,000 SF of discount grocery service. It stands as a draw to the region for consumers who want to benefit from deep discounts in groceries. It is a loved company by all who patron it. There are 95 Winco's in eight states and all are employee owned and operated which make a pride of ownership and customer service based environment, attracting repeat business and neighborhood patronage.

Just to the north of the site is Kaiser Permanente Medical center which is surrounded by several medical clinics, doctor offices and care facilities. Directly to the south of the site, and one of the immediate region's largest employer is the 2,020 +/- Acre Alon USA Bakersfield Oil Refining and drilling company.

Property Aerial Video




Additional Info

  • Address: : 8200 Centennial Way, Bakersfield, CA 93308
  • Price: : $3,600,000
  • Net Rentable Area: : 13,900
  • Lot Size (Acres): : 1.44
  • CAP Rate: : 6.00%
  • NOI: : $216,000
  • Year Built: : 2014
  • Status: : Available

What Clients Are Saying                                     
 

"It was a pleasure working with you as we appreciated your persistence, professionalism, guidance and your patience in assisting us with our first Real Estate Acquisition. We are looking forward to closing many more transactions with you in the future.'
Mike Nofarad, Private Investor

Contact Us

NNN Deal
in association with Marcus & Millichap

16830 Ventura Blvd. Suite 100
Encino, CA 91436

Lior Regenstreif
First Vice President, Investments
Senior Director, National Retail Group
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Rebekah Zweiban Wallack

Senior Research Analyst
Special Projects Coordinator
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Toll Free: 888.NNN.DEAL
Phone: 818.907.9525
Fax: 818.907.8557