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. Here are For Lease Flyers For Lease Flyer - https://www.loopnet.com/Listing/5101-5153-Ming-Ave-Bakersfield-CA/27178530/ 

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 ~77¢ PSF/Month)

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

Generally Acceptable Lease Terms _Colonial Square

  • Click above for draft of generally acceptable Lease Proposal terms:
    - Monthly Base Rent $1.65 PSF plus 78¢ PSF NNN = $2.43 RSF Monthly or $29.16 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.

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 or part of lease application)
  7. Most recent TWO (2) personal AND business bank statements (all pages)
  8. Fictitious business name statement (FBNS) 

Colonial Square Spaces For Lease Flyer

Colonial Square Lease Flyer Full

 

 


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