3820 Coffee Rd, Bakersfield, CA 93308
- $3,300,000
- 9,117
- SqFt
- Sold Price
- $3,300,000
- List Price
- $3,650,000
Property Description
Prime investment opportunity at one of Bakersfield's most desirable intersections--Coffee Road and Meany Avenue--with a combined traffic count nearing 40,000 ADDT. This impressive commercial property spans over 9,000 square feet on a 1.33+ acre, C-2 zoned lot. Built in 2006, originally as four suites, it is currently occupied by long-standing local business, Ladies & Gents Bridal, entering year 3 of their initial 10-year NNN lease with built-in annual rent increases and two (5-year) options to extend. Strong tenant, strong location, and strong lease terms combine to make this an exceptional cash-flowing asset. Whether you're seeking stability or long-term upside, this building delivers both.
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Courtesy of Adam G Belter with Coldwell Banker Preferred, REALTORS®
Courtesy of Adam G Belter with Coldwell Banker Preferred, REALTORS®
Provided Courtesy Of Bakersfield Association of Realtors.
Information Is Believed To Be Accurate But Not Guaranteed.
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