9236 California City Blvd, California City, CA
Freestanding NNN office building with corporate guaranteed tenant.
- Added:
- Jun 28, 2023
- Days on Market:
- 1077
- Last Refresh:
- May 20 at 8:50 pm
Property Features for 9236 California City Blvd
General Information
- Standard status
- Active
- Size
- 1,753 SF
- Lot size
- 0.22 Acres
- Property subtype
- OFFICE
Listing agent Jared Ennis License #01516541
Listing office KW Commercial | Central California (559) 705-1000
Listing date Jun 28, 2023
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of KW Commercial | Central California
HighLights
- Corporate Guaranteed Hall Ambulance Tenant
- Absolute Triple Net (NNN) Lease with Zero Landlord Responsibility
- Tenant Recently Extended Lease Until September 30, 2028
- Long‑Term Tenant with Decades of Operating History at the Location
- ±2,758 SF Freestanding Professional Office Building
- Historically Experienced 10% Annual Rent Increases
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $30.5k | $17.40 |
| − Vacancy | −$3.6k | −$2.08 |
| EGI | $26.9k | $15.32 |
| − OpEx | −$6.7k | −$3.83 |
| NOI | $20.1k | $11.49 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- California City
- County
- Kern
- State
- California
- Longitude
- -117.963
- Latitude
- 35.1255
