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4030 Wible Rd
Bakersfield, CA 93309
Office Property For Sale
Investment Highlights
- Net leased single-tenant, free-standing commercial property in Bakersfield, CA
- Highway 99 adjacent property with pylon signage visible to freeway traffic
- One of two existing Grifols Biomat donation centers in Bakersfield
- Leased to Biomat USA, Inc. – tenant has been in occupancy since 2008
- Strong, mature Southwest Bakersfield trade area
- Located just north of the Bakersfield Automall
Executive Summary
Single tenant, net leased Grifols Biomat USA, Inc. plasma donation center located in Bakersfield along Highway 99. The tenant has been in occupancy since 2008 with two remaining five-year options to extend. The property is located adjacent to the main north-south freeway bisecting Bakersfield, in a mature trade area near the Bakersfield Automall. This location is one of two Bakersfield Grifols Biomat centers. The offering provides strong returns with upside through lease extension.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
8,213 SF
Building Class
B
Year Built
1982
Price
$2,981,175
Price Per SF
$362.98
Cap Rate
7.25%
NOI
$216,135
Tenancy
Single
Building Height
1 Story
Typical Floor Size
8,213 SF
Building FAR
0.11
Lot Size
1.68 AC
Zoning
C-2 - Regional Commercial
Parking
27 Spaces (3.29 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 405-050-11-00-8 | Improvements Assessment | $1,290,212 |
| Land Assessment | $685,967 | Total Assessment | $1,976,179 |
Property Taxes
Parcel Number
405-050-11-00-8
Land Assessment
$685,967
Improvements Assessment
$1,290,212
Total Assessment
$1,976,179
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