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9517 Rosedale Highway

Bakersfield, CA 93312
  • $1,100,000
  • STATUS: Active
  • ON SITE: 65 Days
  • ID#: 23316437
UPDATED: 27 min ago
$1,100,000
  • 0
    BEDS
  • 0.23
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,056
    SQFT
  • $360
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1977
County:

School Ratings & Info

Listing Agent(s): Ryan Rothstein-Serling of Ryan Rodman Rothstein-Serling (818-212-2725)


Description

Marcus & Millichap is pleased to present 9517 Rosedale Highway, Bakersfield, CA (the "Property") for sale, an approximate 3,056 grosssquare foot single tenant retail building, situated on one parcel totaling ~10,018 SF (~0.23-acres) of land. Strategically positioned alongthe bustling Rosedale Highway, this Property commands unparalleled visibility, benefiting from a continuous stream of passing trafficwith 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 bya local smoke shop. The Tenant signed a five (5) year triple net lease in September of 2022 which runs through August 2027. The Tenanthas 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 anoutstanding location with a secure lease agreement, making it an enticing addition to a buyer's investment portfolio.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-12-04T07:30:28.63. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty Group - Brokered by EXP. Licensed in the State of California, USA.
www.twissrealty.com/homes/143932959
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9517 Rosedale Highway Bakersfield, CA 93312

  • Price: $1,100,000
  • Status: Active
  • On Site: 65 Days
  • Updated: 27 min ago
  • ID#: 23316437
0
Beds
0
Baths
0
½ Baths
0.23
Acres
3,056
SQFT
$360
$/SQFT
1977
Built
Neighborhood:
BKSF - Bakersfield
County:
Kern
Area:
BKSF - Bakersfield
Property Description
Marcus & Millichap is pleased to present 9517 Rosedale Highway, Bakersfield, CA (the "Property") for sale, an approximate 3,056 grosssquare foot single tenant retail building, situated on one parcel totaling ~10,018 SF (~0.23-acres) of land. Strategically positioned alongthe bustling Rosedale Highway, this Property commands unparalleled visibility, benefiting from a continuous stream of passing trafficwith 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 bya local smoke shop. The Tenant signed a five (5) year triple net lease in September of 2022 which runs through August 2027. The Tenanthas 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 anoutstanding location with a secure lease agreement, making it an enticing addition to a buyer's investment portfolio.
Exterior Features

Open Parking Spaces 15 Parking Features Uncovered Parking Total 15

Interior Features

Heating Central Heating YN Yes

Property Features

Association YN No Cap Rate 5.45 Gross Income 60000 Levels One Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 60000 New Construction YN No Property Condition Updated/Remodeled Senior Community YN No Special Listing Conditions Standard Tenant Pays ElectricityExterior MaintenanceGasInsuranceRoofTaxesTrash CollectionWater Vacancy Allowance Rate 0 Zoning C2



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-12-04T07:30:28.63. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty Group - Brokered by EXP. Licensed in the State of California, USA.
 
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Twiss Realty Group - Brokered by EXP
5036 Highway 140
Mariposa CA, 95338
Listing Agent(s): Ryan Rothstein-Serling of Ryan Rodman Rothstein-Serling (818-212-2725)