727 Kentucky St
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727 Kentucky St
6,629 SF Specialty Building Offered at $1,900,000 at a 6.04% Cap Rate in Bakersfield, CA 93305
Investment Highlights
- Well utilized and busy post office
- Excellent residual value should USPS ever leave.
- NN Lease, USPS Tax and Maintenance Riders
Executive Summary
NN leased Post Office, owner only responsible for roof and structure, new roof installed 2-years ago.
Financial Summary (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $1,900,000 | Building Class | C |
| Price Per SF | $287 | Lot Size | 0.73 AC |
| Sale Type | Investment | Building Size | 6,629 SF |
| Cap Rate | 6.04% | No. Stories | 1 |
| Sale Conditions | 1031 Exchange | Year Built | 1968 |
| Property Type | Specialty | Tenancy | Single |
| Property Subtype | Post Office | Parking Ratio | 4.53/1,000 SF |
| Price | $1,900,000 |
| Price Per SF | $287 |
| Sale Type | Investment |
| Cap Rate | 6.04% |
| Sale Conditions | 1031 Exchange |
| Property Type | Specialty |
| Property Subtype | Post Office |
| Building Class | C |
| Lot Size | 0.73 AC |
| Building Size | 6,629 SF |
| No. Stories | 1 |
| Year Built | 1968 |
| Tenancy | Single |
| Parking Ratio | 4.53/1,000 SF |
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Walk Score ®
Very Walkable (71)
PROPERTY TAXES
| Parcel Number | 014-310-22-00-5 | Improvements Assessment | $187,171 |
| Land Assessment | $59,102 | Total Assessment | $246,273 |
PROPERTY TAXES
Parcel Number
014-310-22-00-5
Land Assessment
$59,102
Improvements Assessment
$187,171
Total Assessment
$246,273
zoning
| Zoning Code | C-2 |
| C-2 |
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727 Kentucky St
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