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Miscellaneous

Aaron's | Newly Extended Lease

1125 Olive Dr, Bakersfield, CA 93308

Listing Price: $2,304,000

Cap Rate
6.25%
Tenant Name
Aaron's
Years Remaining On Lease
4.7
Guarantor
Corporate Guarantee
Rentable SF
11,240
Lease Type
Absolute Net
Rent Per Square Feet
$12.81

Investment Overview

Marcus & Millichap is pleased to present the Aaron's in Bakerfield, California.

Investment Highlights

  • Newly Extended Lease, Absolute NNN with No Landlord Responsibilities
  • 10-Year Operating History at this High-Performing Location
  • Corporate Lease (NYSE: AAN), 1,300+ Locations in 43 States and Canada
  • Serving Over 206,000 Residents in Established Trade Area
  • Average Household Income Exceeds $73,000 within 3 and 5 Miles
  • Strategic Location, Highly Visible to 48,300 Cars/Day Along Major Artery
  • Just Off SR-99 with 125,000 Cars/Day, Direct Access to Los Angeles and Sacramento
  • Outparcel to Grocery Outlet, Big Lots, 99 Cents Only, and Goodwill Anchored Shopping Center

Exclusively Listed By

Financing By

Miscellaneous

Aaron's | Newly Extended Lease

Listing Price: $2,304,000

Cap Rate
6.25%
Tenant Name
Aaron's
Years Remaining On Lease
4.7
Guarantor
Corporate Guarantee
Rentable SF
11,240
Lease Type
Absolute Net
Rent Per Square Feet
$12.81

Investment Highlights

  • Newly Extended Lease, Absolute NNN with No Landlord Responsibilities
  • 10-Year Operating History at this High-Performing Location
  • Corporate Lease (NYSE: AAN), 1,300+ Locations in 43 States and Canada
  • Serving Over 206,000 Residents in Established Trade Area
  • Average Household Income Exceeds $73,000 within 3 and 5 Miles
  • Strategic Location, Highly Visible to 48,300 Cars/Day Along Major Artery
  • Just Off SR-99 with 125,000 Cars/Day, Direct Access to Los Angeles and Sacramento
  • Outparcel to Grocery Outlet, Big Lots, 99 Cents Only, and Goodwill Anchored Shopping Center

Investment Overview

Marcus & Millichap is pleased to present the Aaron's in Bakerfield, California.

Exclusively Listed By

Financing By

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