Huckleberry’s | Bakersfield, CA
Sands Investment Group is Pleased to Present Exclusively For Sale a 5,587 SF NNN Restaurant Investment Property Located at 2673 Mount Vernon Avenue in Bakersfield, California.
- Brand New 15 Year Triple Net (NNN) Lease With Minimal Landlord Responsibilities
- Strong Rental Growth With 3% Annual Increases Beginning in 2023
- Outparcel to a Busy Albertsons – Providing Habitual Traffic
- Below Market and Replaceable Rent – Rent Currently Under $2.00 PSF/Month
- Densely Populated Area With Over 219,984 People Within a 5-Mile Radius
- Employee Population of Over 42,000 People Within a 3-Mile Radius
- Huckleberry’s Has 17 Locations and Counting With an Average Rating of 4.4 Stars Out of 5 – Providing Proof of Concept
- Guaranteed By an Experienced Franchisee With 10 Locations and Strong Financials – Provide Confidence in the Tenant
- Extremely Rare Site With Visibility From California State Route 178, Which Sees Over 69,900 Vehicles Per Day
- Situated Less Than 1-Mile to Bakersfield College
- Nearby Tenants Include: Lowe’s, Home Depot, Taco Bell, McDonald’s, Target, Starbucks, Walmart Supercenter, Walgreens, Wendy’s, Chipotle, Big Lots and More
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