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Medical Office 2005 17th St 4,171 SF 100% Leased Office Building Bakersfield, CA 93301 $895,000 ($214.58/SF) 6.65% Cap Rate

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Executive Summary

Medical Office Investment Opportunity for Fully Leased 2-Suite Medical Office for Sale in downtown Bakersfield with proximity to major Hospitals. Tenants include Quest Diagnostics & OBGYN Medical Office. Extensive Renovation done to Medical office in 2012-2013. The Medical Office has Reception/Waiting area, Staff station, 5/6 Exam rooms plus Procedure room, 2/3 Dr’s office rooms, Breakroom, 4 restrooms, and Storage room. The Diagnostic lab (remodeled in 2010) has, Waiting room, 4 stations, 1office room, and 2 restrooms. Building Roof replaced in 2018. Sewer line replaced from Building to main. Onsite and street parking are available. Close to other medical facilities, conveniences. Easy access to Hwy-58 and Hwy-99.

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
4,171 SF
Building Class
C
Year Built/Renovated
1965/2013
Price
$895,000
Price Per SF
$214.58
Cap Rate
6.65%
NOI
$59,518
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
4,171 SF
Building FAR
0.52
Lot Size
0.18 AC
Zoning
C1 - Commercial
Parking
13 Spaces (3.12 Spaces per 1,000 SF Leased)

Amenities

  • Signage
  • Reception
  • Air Conditioning

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Kern Women's Health Group Inc
  • Health Care and Social Assistance
  • -
  • -
  • -
  • Health Care and Social Assistance
  • -
  • -
  • -

Quest Diagnostics is a publicly traded healthcare company specializing in clinical laboratory testing and diagnostic information services. Founded in 1967 in New York City by Paul A. Brown, the organization has evolved through name changes, acquisitions, and strategic expansions to support a broad range of testing modalities. The company maintains its headquarters in Secaucus, New Jersey, and operates nationally and internationally. Quest develops and administers diagnostic testing for conditions spanning oncology, infectious disease, cardiovascular health, and other medical disciplines. As a Fortune 500 company, Quest Diagnostics remains a key provider of laboratory insights used by physicians, hospitals, and other healthcare organizations. Quest Diagnostics is listed on the New York Stock Exchange under the ticker DGX and continues to expand through partnerships and acquisitions to enhance its diagnostic capabilities.

Tenant Industry SF Occupied Rent/SF Lease End
Kern Women's Health Group Inc Health Care and Social Assistance - - -
Health Care and Social Assistance - - -
Walk Score®
Very Walkable (80)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Property Taxes

Property Taxes

Parcel Number
004-101-04-00-6
Land Assessment
$147,097
Improvements Assessment
$637,442
Total Assessment
$784,539
  • Listing ID: 39561581

  • Date on Market: 2/24/2026

  • Last Updated:

  • Address: 2005 17th St, Bakersfield, CA 93301

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