Contacts
Karl Niehaus
Commercial Real Estate Investments
Property Details
- Property Type Restaurant
- Lot Size 0.81 Acre
- Cap Rate % 5
- Additional Rent Contact for pricing
- Date Updated Aug 27, 2024
- Visibility/Traffic Count (VPD) 42,000
OFFERING SUMMARY: 2400 White Lane in Bakersfield, CA offers an investor an absolute NNN Investment, with no landlord responsibilities. Excellent location on a 42k cars/day signalized corner with convenient access to on & off ramps for a 138k cars/day freeway only 2 blocks away. With 4 hotels within a block, 7 schools within a mile and surrounded by national tenants, the location is exceptionally busy and ideal for fast food. Carl’s Jr has operated at the location since 1992 and keeps extending the lease due excellent store sales and their excellent Rent to Sales ratio. Carl’s Jr has 4 extension options of 5-years each with the current lease termination of August 2027. The extension options have no rent increases making it unlikely Carl’s Jr will ever give up the location, thus making this a very safe investment. If they ever leave there is huge upside in rental income.
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Attachments
Getting around
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Location
- City Bakersfield, CA
- Neighborhood Wible Orchard
- Zip Code 93304
- Market Central Valley
Points of Interest
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Bakersfield
3.94 miles
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Shell
1.52 miles
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Chevron
1.57 miles
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Circle K
1.82 miles
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Arco
1.87 miles
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Costco Gasoline
2.17 miles
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Mobil
2.56 miles
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Bakersfield, CA - Camino Del Rio Ct Supercharger
4.58 miles
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Stockdale Road Park and Ride
2.56 miles
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Lot L
4.45 miles
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Lot I
4.54 miles
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Lot K2
4.55 miles
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Lot K3
4.56 miles
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Lot K1
4.61 miles
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Lot H
4.65 miles
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Lot J
4.68 miles
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Lot G
4.78 miles
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Lot F
4.84 miles
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Bakersfield Inn & Suites
0.10 miles
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Holiday Inn Express
0.21 miles
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Howard Johnson Express Inn - Bakersfield
0.27 miles
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Super 8 by Wyndham Bakersfield South CA
0.53 miles
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Country Inn & Suites
1.21 miles
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Vagabond Inn Bakersfield South
1.62 miles
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Econo Lodge near Bakersfield Fairgrounds
1.87 miles
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Ramada Limited Bakersfield Central
1.98 miles
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Knights Inn Bakersfield
2.00 miles
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Super 8
2.27 miles
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Vons
0.17 miles
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Food Co
0.41 miles
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Rancho Market
0.91 miles
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JCPenney
1.29 miles
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Target
1.33 miles
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Walmart Supercenter
1.34 miles
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Valley Plaza Mall
1.37 miles
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Macy's
1.40 miles
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Los Reyes Market
1.43 miles
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Aldi
1.48 miles
In-Depth Research Available for this Property
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Contact Listing Broker
Karl Niehaus
Commercial Real Estate Investments