5300 Lennox Ave - Medical FOR SALE


Bakersfield, CA 93309
$3,775,000 USD
661-332-2786
5300 Lennox Ave, Bakersfield, CA for Sale
$3,775,000 USD
Medical - FOR SALE
1/19
null | 7.2% Cap Rate

5300 Lennox Ave
Bakersfield, CA 93309


HIGHLIGHTS

  • Banking, shopping, restaurants, entertainment, Class A office and more
  • Easy access to Freeway 99 and 58, providing an ideal location for utmost ease of travel throughout Bakersfield
  • Excellent access to Stockdale Highway and California Avenue

OVERVIEW

Colliers | Bakersfield is proud to present 5300 Lennox Ave; a multi-tenant office building in Bakersfield, CA. The building is strategically situated near the crux of California Avenue and Mohawk St, within Bakersfield’s primary business district. The office buildings benefit from premier exposure and accessibility along the California commercial corridor located within an active, mixed use development with strong, professional tenancy. 5300 Lennox Ave is approximately 19,848 square foot in total, multi-tenant, office project located in the heart of the California corridor, Bakersfield’s premier business district, which provides a central location with ease of access to Freeway 99, Highway 58 and the Westside Parkway. The property consists of four separate buildings with a central courtyard and abundant parking. The restrooms were completely upgraded in 2020 and the entire project was painted in 2023 along with several other common area renovations and exterior upgrades over the last few years.

FOR SALE DETAILS

PRICE

$3,775,000 USD

PRICE/SF

$189 USD /SF

CAP RATE

7.2%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1982

SPRINKLERS

-

PARKING SPACES

91

LAND DETAILS

LAND ACRES

1.43 AC

LAND SF

62,291 SF

ZONING

C-O

APN/PARCEL ID

331-032-26-00-2

ASK ABOUT THIS PROPERTY

Scott WellsColliersMore Info
661-332-2786

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Scott WellsColliersMore Info
661-332-2786

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