Aaron’s
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Sambazis Retail Group

Leaders in Retail Investment Sales

Aaron’s

Offerings

Aaron’s

1125 Olive Drive

Bakersfield, CA

Price:
$2,165,000
Cap Rate:
6.65%
NOI:
$144,000
Rentable SQFT:
11,240 SF
Year Built:
2013
Lot Size:
0.72 +/- Acres
Lease Type:
Absolute NNN
Status:
Available
Investment Highlights
  • Newly Extended Lease, Absolute NNN with No Landlord Responsibilitie
  • 10-Year Operating History at this High-Performing Location
  • Corporate Lease (NYSE: AAN), 1,300+ Locations in 43 States and Canada
  • Serving Over 206,000 Residents in Established Trade Area
  • Average Household Income Exceeds $73,000 within 3 and 5 Miles
  • Strategic Location, Highly Visible to 48,300 Cars/Day Along Major Artery
  • Just Off SR-99 with 125,000 Cars/Day, Direct Access to Los Angeles and Sacramento
  • Outparcel to Grocery Outlet, Big Lots, 99 Cents Only, and Goodwill Anchored Shopping Center
  • Close Proximity to Amazon’s New 3 Million SF State-of-the-Art Distribution Facility
  • Strong Daytime Population, More Than 88,000 Employees within a 5-Mile Radius
  • Close Proximity to Bakersfield College with 22,000 Students and Several K-12 Schools with Over 16,000 Students
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  • Confidentiality and Disclaimer

    The information contained in the following Marketing Package is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from Sambazis Retail Group and should not be made available to any other person or entity without the written consent of Sambazis Retail Group. This Marketing Package has been prepared to provide a summary to prospective purchasers and to establish a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation. Sambazis Retail Group has not made any investigation, and makes no warranty or representation, with respect to the income or expenses for the subject property, the future projected financial performance of the property, the size and square footage of the property and improvements, the presence or absence of contaminating substances, the compliance with State and Federal regulations, the physical condition of the improvements thereon, or the financial condition or business prospects of any tenant, or any tenant’s plans or intentions to continue its occupancy of the subject property. The information contained in this Marketing Package has been obtained from sources we believe to be reliable; however, Sambazis Retail Group has not verified, and will not verify, any of the information contained herein, nor has Sambazis Retail Group conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All prospective buyers must take appropriate measures to verify all of the information set forth herein.

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For more information, please contact:

Phil Sambazis

Executive Managing Director

(858) 373-3174

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