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2710 Company Dr 11,232 SF Retail Building Bakersfield, CA 93312 $2,000,000 ($178.06/SF) 5% Cap Rate
Executive Summary
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.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
11,232 SF
Building Class
B
Year Built
2007
Price
$2,000,000
Price Per SF
$178.06
Cap Rate
5%
NOI
$100,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.30
Lot Size
0.85 AC
Zoning
C-2 - Commercial Retail
Frontage
45’ on Company Dr
Amenities
- Pylon Sign
Moderately walkable
60/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 451-140-42-00-1 | Improvements Assessment | $1,650,000 |
| Land Assessment | $850,000 | Total Assessment | $2,500,000 |
Property Taxes
Parcel Number
451-140-42-00-1
Land Assessment
$850,000
Improvements Assessment
$1,650,000
Total Assessment
$2,500,000
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