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    5300 Lennox Ave Bakersfield, CA 93309

    Sponsored
    For Lease
    $22 SF/Yr

    Modernized Office Suites Available Now

    Lot size:
    20,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This single-story, 20,000 square foot office building in Bakersfield, CA's southwest submarket offers 1,300 square feet of immediately available executive office space. Located at 5300 Lennox Avenue, just one block from California Avenue, this property benefits from a prime location within the city's main business district. The building is undergoing a significant renovation and modernization, including exterior and roof upgrades, new air conditioning systems, updated signage, and improved common area restrooms. The renovations aim to create a private and secure atmosphere in a park-like setting. The building features a garden-style design and is currently under new ownership and management. Tenancy is multiple, providing flexibility for various business needs. All utilities are included in the affordable pricing. This is an exceptional opportunity for businesses seeking modern, well-maintained office space in a convenient and attractive location. The property is situated in the Bakersfield-Southwest submarket, with easy access to major thoroughfares and amenities. The available space is perfect for businesses seeking a professional and efficient workspace. Contact us today to learn more about this exceptional opportunity.

    Property Features for 5300 Lennox Ave

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    20,000 SF
    Total Rate
    38000

    Building Details

    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Suite 103
    Size
    1,300 SF
    Rate per SF
    $22

    HighLights

    • 20,000 SF single‑story office building in Bakersfield, CA's southwest submarket with 1,300 SF of immediately available executive office space at 5300 Lennox Avenue.
    • Extensive renovations include a new roof, new siding, updated signage, new LED lighting (building exterior and parking lot), and fully renovated common area restrooms.
    • Upgraded landscaping throughout the property, creating a park‑like setting.
    • All utilities included in the lease rate.
    Property Profile Location Intelligence

    Current Use by Public Records

    MSLAA Medical Corporation Medical Examiner Michael A. Thompson, DC Chiropractor Reveal Medical Aesthetics Medical Spa Reveal Aesthetics Medical Spa Zachary Luce Physical Therapist

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bakersfield
    County
    Kern
    State
    California
    Longitude
    -119.0625867
    Latitude
    35.3592386

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    FAQs

    What type of property is this?
    Office space - Modernized Office Suites Available Now
    Where is this office space located?
    The property is located at 5300 Lennox Ave Bakersfield, CA.
    What is the lease rate?
    The lease rate is $22 SF/Yr.
    What are key features of this property?
    This property features: 20,000 SF single-story office building in Bakersfield, CA's southwest submarket with 1,300 SF of immediately available executive office space at 5300 Lennox Avenue.; Extensive renovations include a new roof, new siding, updated signage, new LED lighting (building exterior and parking lot), and fully renovated common area restrooms.; Upgraded landscaping throughout the property, creating a park-like setting.
    Request Owner's contact information
    5300 Lennox Ave Bakersfield, CA 93309
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    Bakersfield, CA 93309
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5300 Lennox Ave Bakersfield, CA 93309
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