REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 2,000,000
Est. payment | /mo
10,906 SqFt
$ 2,000,000
Est. payment | /mo
10,906 SqFt
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 10,906 sqft
Price per Sqft $183
MLS Listing ID 202608421
Year Built 2007
Lot Size 0.850 Acres
Acres 0.85
Property Sub-Type Commercial
Property Description
Excellent single-tenant investment opportunity in Northwest Bakersfield. The property is currently leased to Hope the Mission under a modified NNN lease, providing stable in-place income with scheduled rent increases during the initial lease term and renewal options featuring a fair-market rent valuation mechanism. The property has benefited from significant ownership improvements, including security fencing, camera surveillance, alarm and laser detection systems, exterior lighting, tree trimming, and site hardening. With a mission-driven tenant, contractual income growth, and potential future rental upside upon renewal or re-leasing, this property offers investors an attractive combination of stable current income and long-term value potential. Buyer to independently verify all property, lease, financial, zoning, and tenant information.
Location
State CA
County Kern
Area 62
Zoning C-2
Listed by William A Gordon • Watson Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "