Multi-Tenant Office/Warehouse 2 Industrial Properties Offered at $6,450,000 in Bakersfield, CA
EXECUTIVE SUMMARY
Located directly adjacent between Highway 58 and East Brundage Lane. This property provides excellent freeway visibility and convenient access to Highway 99 which has recently been connected to Interstate 5. This industrial multi-tenant project creates excellent accessibility & freeway exposure for tenants and in turn resilient demand for investors. Additionally, the available yard space creates opportunity for further development or industrial outdoor storage capabilities. Priced competitively below replacement cost, 8%+ CAP Rate and exemplary exposure, makes this one of the most attractive industrial investment opportunities in the market!
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
| Price | $6,450,000 |
| Price / SF | $99.42 / SF |
| Cap Rate | 8.49% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 64,875 SF |
| Total Land Area | 3.85 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 3925 E Brundage Ln, Bakersfield, CA 93307 | Industrial | 33,000 SF | 1986 | - |
| 3947 E Brundage Ln, Bakersfield, CA 93307 | Industrial | 31,875 SF | 1986 | - |
