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.
Aaron's | Newly Extended Lease
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
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
