4001 Stockdale Hwy
Bakersfield, CA 93309

The lease is signed by FedEx Office and Print Services, Inc., which is a wholly owned subsidiary of FedEx Corp. There are 2,100 FedEx Office retail locations. This property has been a FedEx Office since 1993, proving their commitment to the location. The lease structure is double net (NN), with minimal landlord responsibilities. Tenant is responsible for HVAC, maintaining CAM and parking, and payment of all taxes, utilities, and insurances. There are eight (8.7) years remaining on the lease term, plus two (2), five (5) year options. The lease provides for approximately 5% rental increases every five (5) years. There are 339,442 residents located in the five (5) mile demographic ring. The average household income in the five (5) mile demographic ring is $67,742. California State University-Bakersfield (CSUB) is located just 2 miles (6 minutes) from the subject property and enrolls over 11,000 students annually. The property is situated on the hard-signalized corner of Stockdale Hwy. & McDonald Way, which report traffic counts of 35,205 cars per day. FedEx Office is located right off State Route 99 & 58, which report strong combined traffic counts of 217,000 cars per day at this location. The subject property is surrounded by a critical mass of big box retailers, which helps drive traffic to the store. Nearby stores include ALDI, Smart & Final Extra, Outback Steakhouse, Vons, HomeGoods, Party City & Chase Bank, among others. Bakersfield is the county seat of Kern county and located just 111 miles (100 minutes) from Los Angeles, CA. Dubbed “Nashville West,” Bakersfield is renowned for its contributions to country music and is the home of many recording artists, including Merle Haggard and Buck Owens.