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727 Kentucky St - USPS 6,629 SF Specialty Building Offered at $1,850,000 at a 6.10% Cap Rate in Bakersfield, CA 93305
Investment Highlights
- Government Guaranteed Lease | Over 3 Years Remaining | 56+ Year Operating History | Recent Lease Extension
- Central Location | Dense Educational, Government, and Retail Corridor
- NN Leased | Fee Simple Ownership | Limited Landlord Responsibilities
- Strong Demographics In 5-Mile Trade Area | Affluent Consumer Base
Executive Summary
SRS National Net Lease Group is pleased to present the opportunity to acquire the fee simple interest (land & building ownership) in a government-guaranteed, USPS investment property located in Bakersfield, California. The lease is guaranteed by the United States Government (S&P: AA+), ensuring unparalleled credit security. The United States Postal Service has demonstrated its long-term commitment to the site, having maintained operations at this location for over 56 years since 1968.
Property Facts
| Price | $1,850,000 | Lot Size | 0.73 AC |
| Price Per SF | $279.08 | Building Size | 6,629 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 6.10% | Year Built/Renovated | 1968/2019 |
| Property Type | Specialty | Tenancy | Single |
| Property Subtype | Post Office | Parking Ratio | 7.24/1,000 SF |
| Building Class | C | ||
| Zoning | C-2 - Commercial | ||
| Price | $1,850,000 |
| Price Per SF | $279.08 |
| Sale Type | Investment |
| Cap Rate | 6.10% |
| Property Type | Specialty |
| Property Subtype | Post Office |
| Building Class | C |
| Lot Size | 0.73 AC |
| Building Size | 6,629 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1968/2019 |
| Tenancy | Single |
| Parking Ratio | 7.24/1,000 SF |
| Zoning | C-2 - Commercial |
Amenities
- Signage
1 1
Walk Score®
Very Walkable (73)
Property Taxes
| Parcel Number | 014-310-22-00-5 | Improvements Assessment | $190,914 |
| Land Assessment | $60,284 | Total Assessment | $251,198 |
Property Taxes
Parcel Number
014-310-22-00-5
Land Assessment
$60,284
Improvements Assessment
$190,914
Total Assessment
$251,198
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727 Kentucky St - USPS
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