Single Tenant NNN Lease Investment Opportunity | 5.00% CAP | 818 SF

3009 Calloway Dr, Bakersfield, CA 93312

  • For Sale $1,585,000
  • Property Type Retail
  • Property Size 818 SF
  • Lot Size 10,454 SF
  • Year Built 2008
  • Date Updated Feb 18, 2025

Colliers International is pleased to offer qualified investors an opportunity to acquire a Checkers Rally’s Drive-In restaurant in Bakersfield California. The property is Checkers’ double drive-thru fast-food restaurant constructed in 2008. The building totals 818 SF and is situated on 10,454 SF of land.

Checkers and Rally’s operates 790 stores in the United Sates and is a nationally known QSR brand. The restaurant has continuously operated at this location since 2008. The current operator, franchisee and guarantor, F & M Restaurants Inc., has operated the restaurant since 2019 and have been in business since 2008 and operates 10 Rally’s and one Checkers restaurant.

The 20-year long-term triple net lease has approximately 13 years and 9 months remaining and features 10% increase every five years. The next increase is scheduled to occur on January 1, 2029. In addition, there are four options to extend the lease term for five years with each option with 10% increase every five years.

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Location

Getting Around

  • Walk Score ®

    69/100 Somewhat Walkable
  • Transit Score ®

    23/100 Minimal Transit
  • Bike Score ®

    48/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Bakersfield, CA
  • Neighborhood Greenacres
  • Zip Code 93312
  • Market Central Valley

Points of Interest

  • Bakersfield

    5.88 miles

  • Chevron

    0.30 miles

  • Whitewater Carwash and Lube

    1.21 miles

  • Arco

    1.25 miles

  • Sinclair

    1.42 miles

  • Sully's Olive

    1.67 miles

  • Sully's Chevron

    1.94 miles

  • Unocal 76

    2.45 miles

  • Bakersfield, CA - Camino Del Rio Ct Supercharger

    3.56 miles

  • The Home Depot

    0.66 miles

  • Lot J

    2.50 miles

  • Lot K1

    2.62 miles

  • Lot K3

    2.62 miles

  • Lot F

    2.66 miles

  • Lot K2

    2.66 miles

  • Lot L

    2.69 miles

  • Lot G

    2.76 miles

  • Lot H

    2.90 miles

  • Lot I

    2.95 miles

  • Round Table Pizza

    0.14 miles

  • Freddy's

    0.20 miles

  • Ono Hawaiian BBQ

    0.27 miles

  • Jamba

    0.29 miles

  • Popeyes

    0.32 miles

  • Five Guys

    0.33 miles

  • Krispy Kreme

    0.37 miles

  • IHOP

    0.41 miles

  • Panda Express

    0.43 miles

  • Rubio's

    0.43 miles

  • Smart & Final Extra!

    0.21 miles

  • Kohl's

    0.29 miles

  • Target

    0.44 miles

  • Ross

    0.52 miles

  • Save Mart

    0.80 miles

  • Walmart Supercenter

    0.83 miles

  • Vallarta

    0.96 miles

  • Vons

    1.39 miles

  • Walmart Neighborhood Market

    1.64 miles

  • Albertsons

    1.99 miles

Frequently Asked Questions

How much does Single Tenant NNN Lease Investment Opportunity | 5.00% CAP | 818 SF cost?

The space currently listed for sale at Single Tenant NNN Lease Investment Opportunity | 5.00% CAP | 818 SF asks for $1,585,000.

What is the total square footage of Single Tenant NNN Lease Investment Opportunity | 5.00% CAP | 818 SF?

Single Tenant NNN Lease Investment Opportunity | 5.00% CAP | 818 SF totals 818 square feet.

When was this property built?

Single Tenant NNN Lease Investment Opportunity | 5.00% CAP | 818 SF was built in 2008.

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