1201 Baker St - Bank FOR SALE


Bakersfield, CA 93305
$2,150,000 USD
661-770-7382
1201 Baker St, Bakersfield, CA for Sale
$2,150,000 USD
Bank - FOR SALE
1/11
null | 6.2% Cap Rate

1201 Baker St
Bakersfield, CA 93305


HIGHLIGHTS

  • Bank of America NNN lease
  • 5 renewal options remaining
  • Strong deposit growth, more than doubled in 10 years
  • Ideal for 1031 exchange buyers
  • 100% leased, established tenant
  • Prime location on a commuter route

OVERVIEW

Prime Bank of America NNN Investment Opportunity – Corporate Guarantee Presenting a prime commercial investment opportunity: a Bank of America branch under a NNN lease with a solid corporate guarantee. This established location is 100% leased and situated on a highly trafficked commuter route, offering long-term stability and income. With deposits more than doubling over the past 10 years, the property showcases strong performance and an attractive proposition for 1031 exchange buyers. The lease includes 5 remaining renewal options, ensuring a secure and potentially lucrative investment. Don’t miss out on this rare opportunity to own a piece of a high-performing, nationally recognized financial institution. Call 661-616-2018 or Email sanjeev.advani@cushwake.com for further due diligence materials

FOR SALE DETAILS

PRICE

$2,150,000 USD

PRICE/SF

$160 USD /SF

CAP RATE

6.2%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Bank of America

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

ADD'L SUBTYPES

Freestanding, Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1972

SPRINKLERS

-

PARKING SPACES

55

LAND DETAILS

LAND ACRES

1.38 AC

LAND SF

60,113 SF

ZONING

C-1

APN/PARCEL ID

014-100-16-00-7

ASK ABOUT THIS PROPERTY

Sanjeev AdvaniCushman & WakefieldMore Info
661-770-7382

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Sanjeev AdvaniCushman & WakefieldMore Info
661-770-7382

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.