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| Price $3,500,000 | Built/Renov 1980/2005 | Tenant Reeves Extruded Products |
| Cap Rate 7.00% | Lease Type
Abs NNN | Guarantor Corporate |
| Size/SF
31,413
| Lease Start
12-01-2023
| #Units
1
|
| Price/SF $111.42 | Expiration
11-30-2033
| Tenant Type Industrial |
| NOI $245,000 | R. Term 9.0 | Ownership Fee Simple |
| Rent/SF
$7.80
| Increases 1.5%/1/yrs | Pop 5Mi 22,446 |
| Lot/AC 2.16 | Options 2/5yrs/1.5% | AHHI 5Mi $58,138 |
| | |
This 31,413 square foot Reeves Extruded Products is situated on a 2.16 acre parcel located along Stockton Avenue. The site benefits from its location within an industrial complex just off of East Bear Mountain Boulevard (CA-223), a state highway that runs east to west through the agricultural land south of Bakersfield. The 5-mile trade area is supported by 22,446 residents earning an average...
...Build to suit
In location for years
Strategically located
Brand new lease
Long operation history
Absolute NNN
Long 10+ yr lease
Annual rent increases
Corporate Guarantee
Reeves Extruded Products Reeves is a manufacturer of custom plastic profiles and shapes including LED lighting diffusers and lenses; tubes and squares; retail displays, and rods. The company...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 14,467 | 20,304 | 21,095 |
| 2023 Total Population : | 14,590 | 20,270 | 21,062 |
| 2023 Employed Civilian Pop : | 5,529 | 7,558 | 7,865 |
| 2023 Total Businesses : | 154 | 245 | 275 |
| 2023 Average Household Income : | $ 56,413 | $ 57,405 | $ 58,138 |
| 2023 Total Consumer Spending : | $ 171 M | $ 249 M | $ 263 M |
| 2023 Median Age : | 26 | 27 | 27 |
| 2023 Total Households : | 3,501 | 5,026 | 5,231 |
| 2023 Pop Age 25+: Bachelor's Degree : | 159 | 245 | 264 |
| 2023 Average Home Value : | $ 264,740 | $ 272,300 | $ 282,113 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| S Derby St | Sycamore Rd | 2016 | 4,850 | 0.13 mi |
| S Derby St | E Langford Ave | 2009 | 6,766 | 0.26 mi |
| Sycamore Rd | Meyer St | 2016 | 4,662 | 0.36 mi |
| Franklin St | Stockton Ave | 2016 | 1,743 | 0.42 mi |
| Meyer St | Franklin St | 2001 | 3,900 | 0.61 mi |
| Franklin St | Walker St | 2006 | 1,744 | 0.64 mi |
| Walnut Dr | Durham St | 2001 | 2,200 | 0.69 mi |
| Haven Dr | S Hill St | 2001 | 2,500 | 0.74 mi |
| S Hill St | Tucker St | 2001 | 1,800 | 0.87 mi |
| Tucker St | S Acala St | 2001 | 660 | 0.89 mi |
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Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
