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7005 Downing Ave 7,500 SF Industrial Building Bakersfield, CA 93308 $1,350,000 ($180/SF) 4.21% Cap Rate
INVESTMENT HIGHLIGHTS
- 4 years remaining on original lease
EXECUTIVE SUMMARY
Single Tenant Leased Investment Opportunity
PROPERTY FACTS
| Price | $1,350,000 | Rentable Building Area | 7,500 SF |
| Price Per SF | $180 | No. Stories | 1 |
| Sale Type | Investment | Year Built | 1983 |
| Cap Rate | 4.21% | Tenancy | Single |
| Property Type | Industrial | Clear Ceiling Height | 16’ |
| Property Subtype | Warehouse | No. Dock-High Doors/Loading | 4 |
| Building Class | C | No. Drive In / Grade-Level Doors | 4 |
| Lot Size | 1.59 AC | ||
| Zoning | M-3 - Heavy Industrial | ||
| Price | $1,350,000 |
| Price Per SF | $180 |
| Sale Type | Investment |
| Cap Rate | 4.21% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 1.59 AC |
| Rentable Building Area | 7,500 SF |
| No. Stories | 1 |
| Year Built | 1983 |
| Tenancy | Single |
| Clear Ceiling Height | 16’ |
| No. Dock-High Doors/Loading | 4 |
| No. Drive In / Grade-Level Doors | 4 |
| Zoning | M-3 - Heavy Industrial |
AMENITIES
- 24 Hour Access
- Fenced Lot
- Yard
- Air Conditioning
UTILITIES
- Gas - Natural
- Water - County
- Sewer - Septic Field
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PROPERTY TAXES
| Parcel Number | 452-070-43-00-1 | Improvements Assessment | $401,406 |
| Land Assessment | $619,974 | Total Assessment | $1,021,380 |
PROPERTY TAXES
Parcel Number
452-070-43-00-1
Land Assessment
$619,974
Improvements Assessment
$401,406
Total Assessment
$1,021,380
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7005 Downing Ave
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