2658 MOUNT VERNON AVE Bakersfield CA 93306-2924

Sands Investment Group is Pleased to Exclusively Offer For Sale the 3,982 SF Mount Vernon Retail Center Located at 2658 Mount Vernon Avenue in Bakersfield, CA. This Opportunity Includes Two, High-Quality Internet & Recession-Resistant Tenants With Long-Term Leases. Urbane Cafe Features 10% Increases Every 5 Years and Love Sushi Has Rare 2% Annual Increases Providing a Strong Hedge Against Inflation. Adjacent to a High-Performing Smart & Final Grocery and Other Strong Retailers, This Investment Offers a Secure Investment With Strong Rent Growth and a Destination Location.

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LONG TERM INVESTMENT OPPORTUNITY

• New Construction Completed in 2018

• Small Price Point - Ideal 1031 Opportunity

• Long Term Leases - Approximately 6 Years Remaining on Love Sushi and 3 Years Remaining on Urbane Cafe

• Strong Rental Increases Providing Hedge Against Inflation - Annual 2% Increases (Love Sushi) / 10% Every 5 Years (Urbane Cafe)

• Triple Net (NNN) Leases Featuring 4% Management Fees

HIGH BARRIERS TO ENTRY LOCATION

• Pad Building to 100% Leased Shopping Center

• Anchored By Smart & Final, Chipotle, Flame Broiler, Ono Hawaiian and More

HIGH QUALITY & INTERNET RESISTANT TENANTS

• 100% Restaurant Tenant Line-Up, Amazon and Internet Resistant Tenants

• Urbane Cafe Has 23 Locations Across California

• Love Sushi is a Regional Family-Run Sushi Restaurant With Multiple Locations Within the Bakersfield Area

• Signalized Intersection of Mall View Road and Mt Vernon Avenue Which Sees 29,789 Vehicles Per Day

• Direct Frontage and Exposure With High Barriers to Entry – Four Points of Egress and Ingress

• Immediate Access Off Interstate 178 (47,206 VPD) With On and Off Ramp Visibility

• Pylon Signage Along Interstate 178

DOMINANT MARKET POSITION IN CALIFORNIA

• Densely Populated Area - Over 229,079 Residents Within a 5-Mile Radius

• Employee Population - Over 42,000 People Within a 3-Mile Radius

• Population Growth Expected By 2.8% Over the Next 5 Years Within a 3-Mile Radius