- For Sale $1,900,000
- Property Type Restaurant
- Lot Size 0.81 Acre
- Cap Rate % 4.6
- Date Updated Apr 15, 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.
DEMOGRAPHICS: Bakersfield is one of the fastest growing cities in California and is currently
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Attachments
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Contacts
Location
Getting Around
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Walk Score ®
66/100
Somewhat Walkable
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Transit Score ®
29/100
Some Transit
-
Bike Score ®
39/100
Somewhat Bikeable
- 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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AMPM
0.51 miles
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Shell
1.52 miles
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Chevron
1.57 miles
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Chevron
1.60 miles
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Arco
1.87 miles
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Arco
2.50 miles
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Mobil
2.56 miles
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Shell
3.50 miles
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Arco
3.50 miles
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Mobile
3.53 miles
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STOCKDALE Road Park abd Ride
2.56 miles
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Lot I
4.52 miles
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Lot H
4.64 miles
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Lot G
4.79 miles
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Lot F
4.84 miles
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Xerox Employee Parking
5.09 miles
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Burger King Parking Lot
5.24 miles
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Los Hermanos Parking Lot
5.27 miles
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The Home Depot
6.06 miles
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South West Parking Lot
6.78 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
0.28 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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Best Budget Motel
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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Motel 6 Bakersfield, CA - Central
3.01 miles
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Carl's Jr.
0.01 miles
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Subway
0.12 miles
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Sonic
0.31 miles
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Taco Bell
0.35 miles
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Home Town Buffet
0.47 miles
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Naugles
0.55 miles
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KFC
0.60 miles
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Little Caesars
0.99 miles
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Straw Man Restaurant
1.03 miles
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Frosty King
1.24 miles
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Planz Elementary School
0.56 miles
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W. A. Kendrick Elementary
0.72 miles
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Amy B Siebert Elementary School
0.83 miles
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Plantation Elementary School
0.93 miles
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Louise Sandrini Elementary School
0.97 miles
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South High School
0.98 miles
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Greenfield Junior High School
1.01 miles
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Greenfield
1.05 miles
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Frank West Elementary School
1.06 miles
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Leo G Pauly Elementary School
1.38 miles
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Greenfield Country Preschool
2.75 miles
Frequently Asked Questions
What is the lease rate for 2400 White Ln?
Rental asking rate at 2400 White Ln is $950,000.00/YR.
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