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Miscellaneous

9517 Rosedale Highway

9517 Rosedale Hwy, Bakersfield, CA 93312

Listing Price: $1,100,000

Cap Rate
5.45%
Tenant Name
Smoke Era
Years Remaining On Lease
3.7
Gross SF
3,056
Guarantor
Personal Guarantee
Rentable SF
3,056
Price/Gross SF
$359.95
Lease Type
Absolute Net
Rent Per Square Feet
$19.63

Investment Overview

Marcus & Millichap is pleased to present 9517 Rosedale Highway, Bakersfield, CA (the “Property”) for sale, an approximate 3,056 gross
square foot single tenant retail building, situated on one parcel totaling ~10,018 SF (~0.23-acres) of land. Strategically positioned along
the bustling Rosedale Highway, this Property commands unparalleled visibility, benefiting from a continuous stream of passing traffic
with counts soaring to approximately 36,978 vehicles per day. It finds itself in the vibrant company of numerous national retail giants,
contributing to its prestige and potential.
Originally built in 1977, the Property is currently improved with a 3,056 square foot single story retail building and is currently occupied by
a local smoke shop. The Tenant signed a five (5) year triple net lease in September of 2022 which runs through August 2027. The Tenant
has one (1) five (5) year option to extend their lease.
Embrace the exciting investment prospects that 9517 Rosedale Highway, Bakersfield, CA, has to offer. This prime property combines an
outstanding location with a secure lease agreement, making it an enticing addition to a buyer’s investment portfolio.

Investment Highlights

  • Retail Investment Opportunity | Absolute NNN | ~4 Years Remaining
  • High Traffic Counts - Over 36,978 Vehicles Per Day
  • Surrounded by National Tenants, Including: The Northwest Promenade, a Nearly Mile Long Shopping Area Occupied by Retailers Such as: Walmart, Target, Best Buy, Kohls, Michaels, Home Depot and More

Exclusively Listed By

Financing By

Miscellaneous

9517 Rosedale Highway

Listing Price: $1,100,000

Cap Rate
5.45%
Tenant Name
Smoke Era
Years Remaining On Lease
3.7
Gross SF
3,056
Guarantor
Personal Guarantee
Rentable SF
3,056
Price/Gross SF
$359.95
Lease Type
Absolute Net
Rent Per Square Feet
$19.63

Investment Highlights

  • Retail Investment Opportunity | Absolute NNN | ~4 Years Remaining
  • High Traffic Counts - Over 36,978 Vehicles Per Day
  • Surrounded by National Tenants, Including: The Northwest Promenade, a Nearly Mile Long Shopping Area Occupied by Retailers Such as: Walmart, Target, Best Buy, Kohls, Michaels, Home Depot and More

Investment Overview

Marcus & Millichap is pleased to present 9517 Rosedale Highway, Bakersfield, CA (the “Property”) for sale, an approximate 3,056 gross square foot single tenant retail building, situated on one parcel totaling ~10,018 SF (~0.23-acres) of land. Strategically positioned along the bustling Rosedale Highway, this Property commands unparalleled visibility, benefiting from a continuous stream of passing traffic with counts soaring to approximately 36,978 vehicles per day. It finds itself in the vibrant company of numerous national retail giants, contributing to its prestige and potential. Originally built in 1977, the Property is currently improved with a 3,056 square foot single story retail building and is currently occupied by a local smoke shop. The Tenant signed a five (5) year triple net lease in September of 2022 which runs through August 2027. The Tenant has one (1) five (5) year option to extend their lease. Embrace the exciting investment prospects that 9517 Rosedale Highway, Bakersfield, CA, has to offer. This prime property combines an outstanding location with a secure lease agreement, making it an enticing addition to a buyer’s investment portfolio.

Exclusively Listed By

Financing By

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