Colonial Square – 5101-5153 Ming Ave, Bakersfield, CA 93309

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Colonial Square is a 41,238 s.f. shopping center located at the intersection of Ming Avenue and New Stine Road in Southwest Bakersfield. It is situated along the Ming Avenue retail corridor offering an excellent location at a highly traveled intersection.

HIGHLIGHTS
> Retail / Office Space Available
> Excellent Exposure and Visibility
> Zoned C-2, City of Bakersfield
> Hard corner signalized intersection locations available
> Co-tenants include - SUBWAY, OneMain Financial, State Farm, Liberty Tax Services
> TRIPLE NET LEASE - Base Rent + NNNs (taxes, insurance, common area maintenance ~75¢ PSF/Month)

Google Map - URL

DEMOGRAPHICS

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Once the following documents are completed, dated, and signed, please upload to our encrypted server - HERE

2024 Generally Acceptable Lease Terms _Colonial Square

  • Click above for draft of generally acceptable Lease Proposal terms:
    - Monthly Base Rent $1.65 PSF plus 75¢ PSF NNN = $2.40 RSF Monthly or $28.80 RSF Annually
    - NNNs cover tenant's prorata share of property taxes, insurance, & common area maintenance (CAM)
    - Lease Term, Security Deposit, Use, T/I Allowance, Rent Abatement, etc.
  • Colonial Square 2024 Demographics • Overview • Traffic Counts

Prospective Lessee must provide following documentation:

  1. Lease Application (attached) dated and signed
  2. Applicant’s current business Balance Sheet and Income (profit & loss) Statement
  3. Applicant’s / Guarantor’s most recent two years’ Federal Tax Returns (all pages all schedules)
  4. Personal Financial Statement (attached)
  5. Applicant’s / Guarantor’s Driver's License (color front AND back)
  6. Credit Check Authorization (attached)
  7. Most recent TWO (2) personal AND business bank statements (all pages)
  8. Fictitious business name statement (FBNS) 

 

 


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