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Property Description
  • 37,160 SF retail center that is 100% leased to 11 tenants including Big Lots, Sally Beauty, GameStop, Metro PCS and Baskin Robbins.
  • Conveniently located in northeast Bakersfield just south of the 178 freeway at the Mt. Vernon Avenue exit.  
  • Shadow Anchored by a Walmart Supercenter.
  • Anchored by Big Lots, a publicly traded company with over 1,400 stores in 47 states and $5 billion in revenue.   
  • Attractive projected NOI growth rate of 3.7% annually over the next 10 years. 
  • Stable cash flow with 7 of the 11 tenants occupying their space for over 10 years.
  • New financing projected to provide a leveraged return of 12.97%. 

East Hills Plaza - Bakersfield, CA

2611 - 2673 Fashion Plaza, Bakersfield, California 93306

11 Number of Tenants
$8,000,000
Basic Details
Asking Price : $8,000,000
Region : Southwest
Cap Rate : 7.61
NOI : $571,044
Occupancy : 100
Square Footage : 37,160 sf
Number of Tenants : 11
Investment Type : Stabilized
Property Type : Shopping Centers
Listing Type : For Sale
Agent info
Retail Capital Markets
3 Park Plaza
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