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5000 California Office Plaza 5000 California Ave 34,249 SF 100% Leased Office Building Bakersfield, CA 93309 For Sale
Investment Highlights
- 100% Leased
- Drive Thru for Bank Branch
- 8.1% Cap Rate | $746,013 NOI
- 75% Leased to Anchor Tenant (Tri Counties Bank (Nasdaq: TCBK) $10+ Billion in Assets)
- Located on Signalized Hard Corner
- Newer Solar Panel System
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$1,005,560
|
$29.36
|
| Other Income |
$40,630
|
$1.19
|
| Vacancy Loss |
$50,278
|
$1.47
|
| Effective Gross Income |
$995,912
|
$29.08
|
| Taxes |
$110,797
|
$3.24
|
| Operating Expenses |
$139,099
|
$4.06
|
| Total Expenses |
$249,896
|
$7.30
|
| Net Operating Income |
$746,016
|
$21.78
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $1,005,560 |
| Annual Per SF | $29.36 |
| Other Income | |
|---|---|
| Annual | $40,630 |
| Annual Per SF | $1.19 |
| Vacancy Loss | |
|---|---|
| Annual | $50,278 |
| Annual Per SF | $1.47 |
| Effective Gross Income | |
|---|---|
| Annual | $995,912 |
| Annual Per SF | $29.08 |
| Taxes | |
|---|---|
| Annual | $110,797 |
| Annual Per SF | $3.24 |
| Operating Expenses | |
|---|---|
| Annual | $139,099 |
| Annual Per SF | $4.06 |
| Total Expenses | |
|---|---|
| Annual | $249,896 |
| Annual Per SF | $7.30 |
| Net Operating Income | |
|---|---|
| Annual | $746,016 |
| Annual Per SF | $21.78 |
Property Facts
Sale Type
Investment
Property Type
Building Size
34,249 SF
Building Class
A
Year Built/Renovated
1985/2018
NOI
$746,013
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
17,125 SF
Building FAR
0.39
Lot Size
2.02 AC
Zoning
CO
Parking
136 Spaces (3.97 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Signage
1 1
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 331-023-09-00-7 | Total Assessment | $7,355,706 |
| Land Assessment | $1,733,840 | Annual Taxes | $110,797 ($3.24/SF) |
| Improvements Assessment | $5,621,866 | Tax Year | 2025 |
Property Taxes
Parcel Number
331-023-09-00-7
Land Assessment
$1,733,840
Improvements Assessment
$5,621,866
Total Assessment
$7,355,706
Annual Taxes
$110,797 ($3.24/SF)
Tax Year
2025
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5000 California Office Plaza | 5000 California Ave
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