Home Depot - Bakersfield, CA — Sale in Bakersfield, CA
- Price: Contact for price
- Listing type: For sale
- Asset type: Retail Business
- Location: Bakersfield, CA 93309
- Size: 123,781 SF
- Year built: 2007
Photos
Investment Figures
- Cap rate
- 5.80%
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
Jones Lang LaSalle Americas, Inc. ("JLL") is pleased to offer the opportunity to acquire the single-tenant Home Depot located at 4001 Ming Avenue, Bakersfield, CA (the "Property" or "Asset"). The Home Depot is operating on a ground lease with 5+ years of primary lease term remaining, featuring 10% rental escalations every 5 years and four, five-year renewal options. This offering presents investors with a rare opportunity to acquire a long-term ground lease backed by investment-grade tenancy, positioned within an irreplaceable commercial corridor.
Market Context
This retail in Bakersfield, CA is listed for sale across 123,781 SF. It is offered at an approximate 5.8% capitalization rate, a key benchmark for income-producing retail assets. The building dates to 2007. Compare it against other retail listings for sale in Bakersfield, CA — view the full market.
Contact
- Gleb Lvovich · 9497984115 · gleb.lvovich@jll.com
- Daniel Tyner · 9497984125 · daniel.tyner@jll.com
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