Language and Region
Currency

This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.

Email*

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

Send me a copy

925 characters remaining

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

Village at the Oaks - Bakersfield, CA 7900 White Ln

37,089 SF 100% Leased Retail Building Bakersfield, CA 93309 $18,848,098 CAD ($508 CAD/SF) 6% Cap Rate

.mosaic-column{display:inline-block!important;height:100%!important;width:auto!important}.mosaic-tile i{display:none!important}.mosaic-tile img{height:100%!important;width:auto!important}

Investment Highlights

Destination Location Shadow Anchored By Albertsons Grocery Store (NAP)
100% Occupied Center Featuring 37,089 SF Leased to 15 Tenants With Low Historical Vacancy
Significant Number of Tenants Have Below Market Lease Rates, Providing Potential Value Add in the Future

Strong Mix of National & Regional Tenants Providing Security to New Investor Thru Credit, Tenant Synergy & Diversity
Southwest Bakersfield Experiencing Significant Growth and Ranks as One California's Hottest Home Markets of 2023 (Realtor.com)
Strong Rent Growth - Multiple Tenants Feature Rare Annual Rental Increasing, Providing a Strong Hedge Against Inflation

Executive Summary

Sands Investment Group is Pleased to Exclusively Offer For Sale a 37,089 SF Village at the Oaks Located at 7900 White Lane in Bakersfield, CA. This Deal Includes a 100% Occupied - Essential "Daily Needs" Grocery Shadow-Anchored Neighborhood Center, Providing For a Secured Investment.

In Cooperation With Sands Investment Group, Inc - Lic. #1768950

Property Facts

Sale Type

Investment

Property Type

Retail

Property Subtype

Supermarket

Building Size

37,089 SF

Building Class

Year Built

1990

Price

$18,848,098 CAD

Price Per SF

$508 CAD

Cap Rate

NOI

$1,130,904 CAD

Percent Leased

100%

Tenancy

Multiple

Building Height

1 Story

Building FAR

0.28

Lot Size

3.00 AC

Zoning

Parking

65 Spaces (1.75 Spaces per 1,000 SF Leased)

Frontage

1,785 ft on Gosford Rd

Amenities

Bus Line

Dedicated Turn Lane

Signage

Signalized Intersection

MAJOR TENANTS

Baskin Robbins
Retailer
900 SF
-
Net
Mar 2039

CC Amulet Management
Retailer
3,208 SF
-
Net
Nov 2027

Dollar Tree
Retailer
11,050 SF
-
Double Net
Feb 2027

H&R Block
Retailer
1,788 SF
-
Net
Apr 2025

House of Smoke
Retailer
900 SF
-
Net
Oct 2028

Little Caesars
Accommodation and Food Services
1,151 SF
-
Net
Feb 2027

Maria Moniz (Uppercut)
Retailer
1,200 SF
-
Net
-

Mongold Chiro
Retailer
1,600 SF
-
Net
-

Self Serve Pet Spa
Retailer
3,494 SF
-
Net
Jan 2033

Travelers Tattoo
Retailer
1,200 SF
-
Net
Sep 2028

Tenant	Industry	SF OCCUPIED	RENT/SF	Lease Type	Lease End
Baskin Robbins	Retailer	900 SF	-	Net	Mar 2039
CC Amulet Management	Retailer	3,208 SF	-	Net	Nov 2027
Dollar Tree	Retailer	11,050 SF	-	Double Net	Feb 2027
H&R Block	Retailer	1,788 SF	-	Net	Apr 2025
House of Smoke	Retailer	900 SF	-	Net	Oct 2028
Little Caesars	Accommodation and Food Services	1,151 SF	-	Net	Feb 2027
Maria Moniz (Uppercut)	Retailer	1,200 SF	-	Net	-
Mongold Chiro	Retailer	1,600 SF	-	Net	-
Self Serve Pet Spa	Retailer	3,494 SF	-	Net	Jan 2033
Travelers Tattoo	Retailer	1,200 SF	-	Net	Sep 2028