655 Tucker RdTehachapi, CA 93561

Property Details for 655 Tucker Rd

Year built

2008

Construction

WOOD

Lot size

1.07 AC

Property size (Sq ft)

11,245 SF

Zone code

C

Property type

Retail properties

Property subtype

Strip malls

APN

223-620-01-00-8

APU

22362001008

Description

The Orchard Shopping Center in Tehachapi, CA, offers 39,258 square feet of retail space in a thriving strip center location. Six units are currently available, ranging from 1,170 to 8,655 contiguous square feet, with a total of 12,165 square feet currently vacant. This well-established center boasts a strong anchor tenant lineup including Big 5 Sporting Goods, Family Dollar, Union Bank, and First American Title, ensuring high foot traffic and visibility. Situated on Tucker Road, the center benefits from excellent exposure and convenient access along Tehachapi's primary retail corridor. The property presents a unique opportunity for businesses seeking high-traffic locations in a growing community. The flexible space options cater to a variety of retail needs, making it an ideal investment for both established businesses and new ventures. With its strategic location and established tenant base, The Orchard Shopping Center offers a compelling investment opportunity in a dynamic market. The minimum divisible space is 1,170 square feet, providing options for smaller businesses, while larger spaces of up to 8,655 contiguous square feet are available for expansion or multi-unit occupancy. This prime retail location in Tehachapi, CA (zip code 93561) offers exceptional visibility and accessibility, making it an attractive proposition for businesses seeking to establish or expand their presence in this vibrant community.

• CAP approach

  CAP return

  Valuation

  6%

  $4,603,420

  6.5%

  $4,249,311

  7%

  $3,945,789

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,388,640

  Geo Method

  $5,388,640

• Alternative Use

  Use

  Valuation

  Residential

  $3,584,453

  Hospitality

  $3,283,340

  Educational

  $2,731,700

  Medical

  $2,825,647

  Retail

  $4,249,311

Location Insight

City

Tehachapi

County

Kern

State

California

Latitude

35.1275

Longitude

-118.469

CBSA code

12540

CBSA name

BAKERSFIELD, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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