2101 Edison Hwy, Bakersfield, CA 93305

South Pacific Commercial Real Estate is pleased to offer for sale a ±104,902 square foot, multi-tenant shopping center / swap meet situated on approximately 16 acres, fully leased to a diverse mix of approximately 150 tenants. The property, located at 2101 Edison Hwy, Bakersfield, CA, is being offered at an asking price of $20,500,000, reflecting a 7.20% capitalization rate based on actual income. Included in the offering are adjacent parcels of vacant land, providing significant potential for additional retail or anchor tenant development.

Key Highlights:

· Fully Leased: The property is 100% occupied by approximately 150 tenants, with lease terms ranging from 3 to 5 years, providing a stable and reliable income stream.

· Flexible Space: The shopping center features 14-foot clear heights and adaptable spaces, suitable for a wide range of uses, including office, retail, and warehouse configurations.

· Strategic Location: Located at the southwest corner of Chamberlain and Edison Hwy, the property offers 800 feet of street frontage along Edison Hwy and 550 feet along Chamberlain, situated at a signalized intersection.

· Strong Market Demand: The surrounding area has a limited supply of retail space, with low vacancy rates and minimal new construction planned in the near future, underscoring the property's strong market position.

· Development Potential: The adjacent vacant land offers an opportunity for further development, including the construction of additional buildings or anchor tenant space, presenting the potential for added value.

This offering presents an exceptional opportunity for investors seeking a fully leased, well-located property with upside potential.