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NWC Panama Lane & Old River Road
Bakersfield, CA 93311
Asking Price
$680K
Asset Type
Commercial Retail
Class
Class B
What's Special
Retail <ul><li>Great corner - Best neighborhood site in far southwest</li><li>New construction surrounding site</li><li>National home builders in trade area: Lennar, Centex, Standard Pacific Homes and more</li><li>Over 5,000 new homes scheduled for construction</li><li>C-2, City of Bakersfield zoning</li><li>Traffic Count: 15,560± AADT</li></ul>
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NOI
$80,000
Cap Rate
11.76%
DSCR
1.98
Strong
Cash-on-Cash
19.43%
Monthly Payment
$3,364.269
Annual Cash Flow
$39,628.772
