Sale / 2630 Mount Vernon Avenue

2630 Mt. Vernon Avenue
Bakersfield, CA 93306

For Sale SF
5,600 SF Pad Building

• Long term investment opportunity – Pad building to 100% leased shopping center anchored by Smart & Final
• New construction completed in 2017
• All tenants signed 10 year base lease term, with 7-8 years remaining on each lease
• Strong 10% rent increases every 5 years (next increases within 2-3 years); NNN leases featuring 4% management fee
• At signalized intersection of Mall View Rd & Mt. Vernon Ave, with 98,500 CPD
• Site located just south of Highway 178, adjacent to off-ramp
• Excellent visibility and access; Direct frontage and exposure with high barriers to entry
• Highway pylon signage along Interstate 178 and monument signage available along heavily traveled Mt. Vernon Avenue
• Densely populated area with over 224,800 people within a 5-mile radius and and employee population of over 42,000 people within a 3-mile radius of the site.
• 100% Restaurant Tenant lineup

Smart & Final Extra, Urbane Cafe and Sizzler;
Area tenants include Home Depot, Walmart Supercenter, Target, Walgreens, Rite Aid and high volume QSR operators including Starbucks, Panda Express, Jack In The Box and El Pollo Loco

Robert Haas