1222 Chester Ave | Bakersfield, CA 93301
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
1222 Chester Ave
Bakersfield, CA 93301
Chester Avenue Portfolio · Office Property For Sale
Investment Highlights
- Value add opportunity with 5.38% cap rate on in-place income at 83.34% occupancy with a 7.78% pro-forma cap rate at stabilization
- Short term leases with under market rents throughout
- Neighbors include Starbucks, Maya Cinemas, Bakersfield High School, City of Bakersfield and County of Kern administration, the Hall of Records
- Total building area of 18,015 SF per rent roll and 20,768 SF per public record
- Average tenant size of less than 1,000 SF provides diversification of occupancy
PROPERTY FACTS
Property Type
Office
Property Subtype
Building Size
4,954 SF
Building Class
B
Year Built
1962
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,477 SF
Slab To Slab
9’
Building FAR
0.54
Lot Size
0.21 AC
Zoning
C-C - Civic Center
Parking
18 Spaces (3.63 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 006-460-25-00-9 | Improvements Assessment | $256,309 |
| Land Assessment | $75,243 | Total Assessment | $331,552 |
PROPERTY TAXES
Parcel Number
006-460-25-00-9
Land Assessment
$75,243
Improvements Assessment
$256,309
Total Assessment
$331,552
Learn More About Investing in Office Space
1 of 1
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
