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Taft Plaza
Taft, California (Bakersfield MSA)
Price:
$4,070,000
Cap Rate:
6.74%
NOI:
$273,253
Built:
1986
Building Size (SF):
24,741
Lot Size (Acres):
1.3
This is the definition of a grocery-anchored, small-market winner. Taft Plaza sits at the heart of Taft’s main retail corridor, anchored by Albertsons and surrounded by nationally recognized brands like Starbucks, AutoZone, and Jack in the Box. With a strong mix of long-tenured tenants, new leases signed in 2024, and strong grocery-driven traffic, the center continues to perform as Taft’s go-to daily-needs hub—backed by a diverse local economy and limited competing supply.
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