2510 L St | Bakersfield, CA 93301
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- LoopNet Team
2510 L St
Bakersfield, CA 93301
Caliber Collision - Bakersfield, CA · Retail Property For Sale
Investment Highlights
- Below Market Rents - A Tenant Lease Rollover Would Provide For a Value-Add Opportunity
- Caliber Has Approximately 5 Years Remaining on a Triple Net (NNN) Lease With One (1) By Five (5) Year Options Period Remaining
- Corporate Lease Guarantee; The Largest Collision Repair Company in the Country With Over 1,600 Locations in 40 States and Over $4 Billion in Revenue
- Strong Demographics With a Population of ~300,000 Residents Within a 5-Mile Radius
- They Have Already Exercised Their First Option, Showing Commitment to the Site
- Excellent Hedge Against Inflation With Annual 2.0% Rental Increases With the Next One Being in September 2023
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
12,115 SF
Building Class
C
Year Built
2000
Tenancy
Single
Number of Floors
1
Building FAR
0.31
Lot Size
0.90 AC
Zoning
M-1
Frontage
129 ft on L
1 of 1
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