5000 Commerce Dr - Medical FOR SALE


Bakersfield, CA 93309- Park Stockdale
$9,975,000 USD
661-535-0244
5000 Commerce Dr, Bakersfield, CA for Sale
$9,975,000 USD
Medical - FOR SALE
1/44
null | 8.21% Cap Rate

5000 Commerce Dr
Bakersfield, CA 93309
Park Stockdale


HIGHLIGHTS

  • Seek a compelling opportunity, with a recent price reduction from $16,950,000 to $9,975,000, creating an attractive asset well below replacement cost.
  • High image building, offering visibility from Highway 58, traveled by over 45,000 vehicles daily, and proximity to many transportation corridors.
  • Acquire a state-of-the-art, 25,000 SF medical facility at 5000 Commerce Drive, purpose-built to accommodate modern healthcare delivery.
  • Be surrounded by medical amenities, including the Heart Vascular and Leg Center, Encompass Health Rehabilitation Hospital, and many health practices.
  • Delivered 100% vacant, including a fully improved ground-floor surgery center and a second-floor medical clinic, enhanced with a contemporary style.

OVERVIEW

Just reduced from $16,950,000 to $9,975,000, well below replacement cost. 5000 Commerce Drive is a Class A medical facility in Bakersfield, California. Constructed in 2018, this 25,000-square-foot, two-story medical building was purpose-built to accommodate modern healthcare delivery and offers an exceptional combination of quality, functionality, and visibility. The property features an approximately 12,500 -square-foot fully improved surgery center on the ground floor (never occupied), complemented by a about 12,500-square-foot medical clinic on the second floor (also never occupied). All this and more provides a highly efficient layout ideal for a wide range of medical users. Designed with contemporary construction standards, the building offers high-end finishes, advanced infrastructure, and a professional environment consistent with top-tier healthcare facilities. Strategically positioned with direct visibility from Highway 58, the property benefits from exposure to over 45,000 vehicles per day, ensuring strong identity and accessibility for patients and practitioners alike. Its central Bakersfield location further enhances convenience, with proximity to major transportation corridors and surrounding medical amenities. Call Cushman and Wakefield for more information.

FOR SALE DETAILS

PRICE

$9,975,000 USD

PRICE/SF

$399 USD /SF

CAP RATE

8.21%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Surgery Center | Price Reduced

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

A

YEAR BUILT

2018

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.1 AC

LAND SF

47,916 SF

ZONING

C-2

APN/PARCEL ID

331-330-41-00-8

ASK ABOUT THIS PROPERTY

Alex Balfour, SIORCushman & WakefieldMore Info
661-535-0244

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Alex Balfour, SIORCushman & WakefieldMore Info
661-535-0244

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