5300 Lennox Ave - Medical FOR SALE


Bakersfield, CA 93309- Park Stockdale
$3,850,000 USD
661-747-0348
5300 Lennox Ave, Bakersfield, CA for Sale
$3,850,000 USD
Medical - FOR SALE
1/11
null | 8% Cap Rate

5300 Lennox Ave
Bakersfield, CA 93309
Park Stockdale


HIGHLIGHTS

  • The project includes three separate buildings with a central courtyard and abundant parking, supporting a campus-style professional environment
  • Recent improvements include upgraded restrooms, new exterior painting, common area renovations, exterior upgrades, and solar powered energy
  • Strategic southwest Bakersfield location near California Avenue, Mohawk Street, Highway 58, Freeway 99, and the Westside Parkway

OVERVIEW

5300 Lennox Avenue is a multi-tenant medical/professional office investment located at 5300 Lennox Avenue, Bakersfield, California 93309. The property contains approximately 19,848 square feet on 1.43 acres and is currently 93.45% occupied, with only 1,300 square feet vacant.

FOR SALE DETAILS

PRICE

$3,850,000 USD

PRICE/SF

$194 USD /SF

CAP RATE

8%

% 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

331-032-46-00-0

ASK ABOUT THIS PROPERTY

David WilliamsColliersMore Info
661-747-0348

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David WilliamsColliersMore Info
661-747-0348

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