Commercial Real Estate /CA /Kern County /Bakersfield /1601 New Stine Rd

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Commercial Real Estate /CA /Kern County /Bakersfield /1601 New Stine Rd

1601 New Stine Rd - Office FOR SALE

Bakersfield, CA 93309 |

Off Market

1/11

1601 New Stine Rd
Bakersfield, CA 93309

HIGHLIGHTS

$146/RSF, Well Below Replacement Cost
93.6% Occupied
7.66% Cap Rate
99% Rent Collection During Covid-19 Pandemic
Seller Invested Over $550,000 Into Recent Capital Improvements

FOR SALE DETAILS

PRICE

-

CAP RATE

-

% LEASED

-

TENANCY

-

BUILDING DETAILS

PROPERTY NAME

7.66% Cap Rate | 94% Occupied | MT Office

PROPERTY TYPE

Office

ADD'L SUBTYPES

Medical

TOTAL BUILDING SIZE

42872

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1981

SPRINKLERS

-

PARKING SPACES

189

LAND DETAILS

LAND ACRES

3.13 AC AC

LAND SF

136,343 SF

ZONING

-

APN/PARCEL ID

355-440-03-00-4