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1201 Baker Street, Bakersfield, CA 93305
Priced at Only: $2,200,000
For more Information Call Mobile: 714.478.6676
Address: 1201 Baker Street, Bakersfield, CA 93305
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  • MLS#: SR24031231 ( Retail )
  • Street Address: 1201 Baker Street
  • Viewed: 5
  • Price: $2,200,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1972
  • Bldg sqft: 0
  • Days On Market: 318
  • Additional Information
  • County: KERN
  • City: Bakersfield
  • Zipcode: 93305
  • Provided by: Foresight Rlty & Inv.
  • Contact: Kris Kris
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Another HUGE $700K PRICE REDUCTION. A Unique Property on a signalized hard corner with access from all sides and drive through facilities. Occupied by Bank of America, a single national credit tenant, for a very long time with multiple options to renew every five(5) years, the latest one of which was recently exercised on 5/31/2023 for another five(5) years. Tenant is on a NNN lease currently paying $133,303/year(6.06 Cap Rate) with future increases at each option renewal and with NO landlord responsibilities. The huge size and Unique configuration of this property offers a tremendous potential for future development upon expiration of Tenant's lease. Motivated Seller will entertain all reasonable offers. Let's make a deal happen.
Features
Building Area Total
  1. 11426.00
Commoninterest
  1. None
Country
  1. US
Laundry Features
  1. None
Parcel Number
  1. 01410016007
Property Type
  1. Retail
Totalmonthlyrent
  1. 11108
Water Source
  1. Public
Year Built
  1. 1972
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Mobile: 714.478.6676
  5. Fax: 714.975.9953
  6. salesbyxavier@gmail.com
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