Family Office Briefing on research byLee & Associates·Jan 23, 2024
2023 Q4 Bakersfield - Retail
Bakersfield retail vacancy decreased to 4.6% in Q4 2023 — family offices should consider co-GP opportunities with local operators.
Retail2023
Key Metrics
| Metric | Value |
|---|---|
| Vacancy Rate | 4.6% |
| Average Asking Rent | 19.40$/SF |
| Market Cap Rate | 6.5% |
Metrics extracted from the source report and independently fact-checked. Method →
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