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  • For sale
Ming & Wible Center - #1
Ming & Wible Center - #2
Ming & Wible Center - #3

For Sale

$6,750,000 USD

Colliers Retail Capital Markets Team is pleased to present the fee simple sale of Ming & Wible Center, a 30,708 SF neighborhood retail center located directly across from the Valley Plaza Mall (140 specialty stores) which is the largest shopping destination in the San Joaquin Valley.​

Ming & Wible Center is centrally located at the intersection of the 99 Freeway and Ming Avenue (187,144 VPD).​ Strategically situated along Bakersfield’s major retail corridor, Ming & Wible Center is surrounded by many of the largest retailers in the world which include Target, Macy’s, JCPenney, Apple, Forever 21, TJ Maxx, Ross, Marshalls, CVS Pharmacy and many others.​ Shadow anchored to the largest specialty and luxury-oriented retail destination in Bakersfield, this investment offering is currently 100% occupied by four long-standing, quality tenants including Big 5 Sporting Goods, Mattress Firm, Eyemart Express and The Corner Pocket.​

Ming & Wible Center is an exceptional opportunity to acquire a stable cash flow with attractive growth in the revenue from fixed increases and is being offered free and clear of any debt.​ Combine this with historically low interest rates which will generate double digit leveraged returns for many years to come.​