5401 California Ave - Office FOR SALE


Bakersfield, CA 93309
$8,556,000 USD
661-332-2009
5401 California Ave, Bakersfield, CA for Sale
$8,556,000 USD
Office - FOR SALE
1/12
null | 7% Cap Rate

5401 California Ave
Bakersfield, CA 93309


HIGHLIGHTS

  • Single Credit Tenant Investment
  • NNN Lease
  • Wells Fargo Has Occupied The Building For 30 Years
  • Excellent Visibility
  • Full Double Lane Drive Through
  • Well Maintained

OVERVIEW

The 5401 California Ave. building in Bakersfield, Ca. is a 30,012 rentable square foot landmark Class A office property. Originally built in 1982 as a multi-tenant building with Wells Fargo as the major credit tenant. Over the years Wells Fargo has expanded into the entire building and just exercised another renewal option. The building is home to a full service bank branch with a double drive through teller lane, a training center, administrative offices for the region and sales and marketing space. Offering convenient onsite parking and close proximity to retail, shopping, restaurant's, hotels with easy access to freeways. The building offers architectural appeal and has been remodeled inside and out over the years.

FOR SALE DETAILS

PRICE

$8,556,000 USD

PRICE/SF

$270 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Wells Fargo Single Tenant NNN Lease

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

A

YEAR BUILT

1982

SPRINKLERS

-

PARKING SPACES

101

LAND DETAILS

LAND ACRES

2 AC

LAND SF

87,120 SF

ZONING

C-O

APN/PARCEL ID

331-032-35-00-8

ASK ABOUT THIS PROPERTY

Jeffrey AndrewCushman & WakefieldMore Info
661-332-2009

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Jeffrey AndrewCushman & WakefieldMore Info
661-332-2009

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