Bakersfield, CA - Dollar General Market
$5,200,000
258 Bernard St, Bakersfield, CA 93305
6.75
Cap Rate
351,000
NOI
Details:
Description:
• Dollar General Market has operated at this location for 10 years and has 2+ years remaining on their current lease
• The lease offers three (5-year) options to extend, with 10% rental increases at the beginning of each option period
• The lease is corporate guaranteed by Dollar General, Corp., an investment grade (S&P: BBB), nationally recognized, and an established discount store with more than 20,900 location as of October 31, 2025
• Dollar General benefits from its location within a dense retail corridor alongside major national and credit tenants such as The Home Depot, Lowe’s, Starbucks, Dutch Bros, Taco Bell, Burger King, and others
• Located at a signalized hard-corner intersection of Bernard Street and Alta Vista Drive, which sees approximately 12,600 vehicles per day
• The property offers easy access to major thoroughfares, including State Highway 178 (36,300 VPD) and State Highway 204 (32,300 VPD) • • • The asset has excellent visibility via street frontage providing ease and convenience for customers contributing to strong sales
Location
Gallery