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13125 Rosedale Highway
Bakersfield, CA 93314

Price: $2,000,000 Price/SF: $248
Bldg SF: 8,080 SF Occupancy: 60%
Land SF: 43,124 SF
Click to View Offering MemorandumClick to Print Offering Memorandum

Exclusively Listed by:
Brandon Michaels
(818) 212-2794
bmichaels@marcusmillichap.com
License # 01434685


Matthew Luchs
(818) 212-2727
matthew.luchs@marcusmillichap.com
License # 01948233


Andrew Leff
(818) 212-2815
Andrew.Leff@marcusmillichap.com
License # 01865688


John Andreasen
(559) 476-5585
John.Andreasen@marcusmillichap.com
License # 02093301

Price: $2,000,000
Bldg SF: 8,080 SF
Land SF: 43,124 SF
Year Built: 2007
Price/SF: $248
Occupancy: 60%
Click to View Offering MemorandumClick to Print Offering Memorandum

Exclusively Listed by:
Brandon Michaels
(818) 212-2794
bmichaels@marcusmillichap.com
License # 01434685


Matthew Luchs
(818) 212-2727
matthew.luchs@marcusmillichap.com
License # 01948233


Andrew Leff
(818) 212-2815
Andrew.Leff@marcusmillichap.com
License # 01865688


John Andreasen
(559) 476-5585
John.Andreasen@marcusmillichap.com
License # 02093301

Investment Highlights

Excellent Value-Add Opportunity

 

  • 8,080 square foot retail building located in the Rosedale Gateway Plaza with 63 parking spaces
  • Part of a larger retail center, the Rosedale Gateway Plaza, which is also home to Starbucks, Goodwill, and Verizon
  • 40% Vacant
  • Can be purchased on its own, or along with the adjacent property at 13125 Rosedale Highway

 

Strong Bakersfield Location, Five Miles from California State University Bakersfield

 

  • The university offers more than 50 bachelor’s and master’s degree programs, enrolls over 11,000 students, and employs 1,210 faculty and staff members
  • The college inhabits a 375-acre lot surrounded by national retailers such as Applebee’s Grill + Bar, Ulta Beauty, Vons, Rite Aid, Williams-Sonoma, Subway, McDonald’s, P.F. Chang’s, BJ’s Restaurant & Brewhouse, Panera Bread, Target, Yogurtland, and CVS Pharmacy

 

Affluent Demographics

 

  • Average household income is $136,589 within one mile of the property, $128,514 within three miles of the property, and $125,073 within five miles of the property
  • There are 8,347 people located within one mile of the property, 80,427 people located within three miles of the property, and 145,639 people located within five miles of the property
  • There are 2,795 households located within one mile of the property, 26,546 households located within three miles of the property, and 49,360 households located within five miles of the property