For Sale
$1,850,000

2100 Panama LnBakersfield, CA 93304

High-traffic retail storefront, excellent visibility.

Overview

Added:
Dec 11, 2024
Days on market:
113
This exceptional 4,543-square-foot freestanding retail building is ideally situated at the east end of the Panama Lane Shopping Center in Southeast Bakersfield, California. Boasting a prime location just east of the Highway 99 on/off ramps, this property offers unparalleled visibility and accessibility from both east and westbound traffic, benefiting from high daytime traffic volume. Built in 2014, the single-story building sits on a 22,215-square-foot lot (APN 372-021-24) and is zoned PCD. The asking price is $1,850,000, translating to $407.22 per square foot. This owner/user opportunity is anchored by prominent national retailers including Walmart Supercenter, Lowe's Home Improvement, Aldi Grocery, In-N-Out Burger, and Starbucks, ensuring a strong and consistent customer base. The property's strategic location within the Panama Lane Retail corridor guarantees significant exposure and potential for substantial returns. This is a rare chance to acquire a well-established retail space in a thriving Bakersfield commercial area.

Highlights

  • $1,850,000 asking price for a 4,543 SF retail storefront.
  • Located in the Panama Lane Shopping Center, Bakersfield, CA.
  • Excellent visibility and access, situated near the Highway 99 on/off ramps.
  • Strong co-tenancy with Walmart, Lowe's, Aldi, In-N-Out Burger, and Starbucks.
  • 2014-built, single-story building on a 22,215 SF lot (APN: 372-021-24).

Property Details for 2100 Panama Ln

Property type
Retail properties, Retail space
Square Feet
4,543 SF
Year Built
2014
Buildings
1
Stories
1

Location Insight

City
Bakersfield
County
Kern
State
California
Latitude
35.296585522897
Longitude
-119.02613708341
2100 Panama Ln, Bakersfield, California

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2100 Panama Ln
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