4814 Panama Ln
Bakersfield, CA 93313

4814 Panama Lane offers an investor the chance to acquire an absolute NNN leased Chase Bank property, located in Bakersfield California. The property proves to be a prime investment opportunity, with the deposit base at this location increasing 30% over the past two years. The 5,047 square-foot subject property has 9yrs left on the original 15 year base lease, with three (3) five (5) year renewal options, and one (1) four (4) year and 10 month option, all including rental increases. Additionally, the building is positioned extraordinarily well at the intersection of Panama Lane and Stine Road. Costco, and The Palms Shopping Center are located directly across the street with several residential communities in close proximity. The property is being offered a 4.25% cap rate and allows an investor the opportunity to purchase a very attractive passive-income property, with no landlord responsibility, that is occupied by JP Morgan Chase Bank.