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The Tower at 901 901 Tower Way 26,602 SF 100% Leased Office Building Bakersfield, CA 93309 $4,225,000 ($158.82/SF)
Investment Highlights
- Hard to find owner/user opportunity priced well below comparable replacement cost.
- Convenient parking field, consisting of approximately 119 stalls.
- Monument signage along the frontage with the possibility of prominent building-top signage for corporate identification.
- Located in the geographic center of Bakersfield in the largest office submarket with more than 3.2 million square feet of rentable office space.
- Located on a secondary roadway with minimal traffic obscuring ingress and egress.
Executive Summary
ASU Commercial is pleased to present 901 Tower Way for sale, located in the heart of the Southwest Office Market, Bakersfield’s largest and most centrally located office submarket. A three story office building that is fully vacant is an ideal asset for an owner/user of office space. This building is situated near more than 3.2 million square feet of professional office space off of the California Avenue corridor and with its proximity to Truxtun Avenue Extension, the Westside Parkway and Highway 99, is ideally located to access all areas of Greater Bakersfield.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
High Vacancy Property
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
26,602 SF
Building Class
B
Year Built
1984
Price
$4,225,000
Price Per SF
$158.82
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
8,867 SF
Slab To Slab
11’
Building FAR
0.33
Lot Size
1.85 AC
Zoning
C-O - Commercial Office
Parking
119 Spaces (4.5 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Balcony
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Driltek Inc
- Professional, Scientific, and Technical Services
- -
- -
- -
- -
- DSJ Insurance
- -
- -
- -
- Modified Gross
- -
-
- Educational Services
- -
- -
- -
- -
The Kern County Superintendent of Schools office, commonly known as KCSOS, is Kern County's Office of Education. KSCOS does not govern any one of Kern County's school districts. Rather, KCSOS supports and serves each of them through a variety of programs, fiscal accountability, approval of district Local Control Accountability Plans (LCAPs) formulation of new curricula, assistance with staff development and training programs, collaboration with community partners for the benefit of local young people, and much more.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Driltek Inc | Professional, Scientific, and Technical Services | - | - | - | - | |
| DSJ Insurance | - | - | - | Modified Gross | - | |
|
|
Educational Services | - | - | - | - |
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