2941-2945 Niles Street, Bakersfield, CA, 93306
Sushinola
Key Information
Highlights
• Fresh Lease Commitment Through 2031 : Sushinola recently signed a new 5-year lease through July 2031, showing continued commitment to the location after years of established operations.
• Attractive Day-One Yield: Offered at a 7.00% going-in cap rate, the property gives investors immediate yield from current NOI well above most California retail investments.
• Operator-Backed Personal Guaranty : The lease includes a personal guaranty, giving the landlord additional support beyond the business itself. The operator has direct financial exposure and a personal stake in the success of the location.
• Dense Trade Area : The property benefits from approximately 200,000 residents within five miles, with projected population growth of roughly 8.0% over the next five years. This provides a large built-in customer base for continued restaurant demand.
• Ample Dedicated Parking : The property sits on approximately 0.42 acres with dedicated on-site parking and convenient customer access along the established Niles Street retail corridor.
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