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California Avenue Office Sublease Opportunity
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5401 California Ave, Bakersfield, CA 93309

Ground and third floor office spaces available for sublease.

Space Size3,829 SF
Property Size31,683 SF
Days on Market733

Property Features for 5401 California Ave

General Information

Standard status Active
Size 3,829 SF
Class B
Property subtype Office

Building Details

Building Size 31,683 SF
Year Built 1982
Tenancy Multiple

Spaces For Lease

at 5401 California Ave Contact us

Suite 100

Size
3,829 SF
Type
Office
Lease Type
NNN
Availability
Active
Contact us

Suite 300

Type
Office
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: ASU Commercial
Listed By: Matthew Starr, SIOR, CCIM · License #CA 01367855
Source: Crexi
Added: Aug 30, 2024 Changed: Aug 14 Last Checked: Aug 31 at 1:46AM

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 ASU Commercial

Investment Insights

Based on property information with market context.

Ground and third floor spaces are available for sublease. The master lease term extends through 2029. The ground floor offers 3,829 square feet, while the third floor provides 10,004 square feet. The third-floor space can be divided to accommodate users requiring approximately 4,500 square feet or more. The building is prominently situated in the heart of the California Avenue corridor and features ample on-site surface parking.

Key Highlights

  • Prominently located in the heart of the California Avenue corridor.
  • Ample on‑site surface parking.
  • Sublease term remaining through 2029.

Property Analytics

Current Use

Wells Fargo Home ... Loan Service Wells Fargo Bank Bank Wells Fargo ATM Atm Wells Fargo Private ... Financial Advisor LIZ Bank

Suggested Use

Top Pick Auto Repair Shop Building Supply Big Box & Wholesale Store Restaurant HVAC Service Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,610
Businesses Nearby

Demographics for 93309, CA

61,079
Population
23,546
Households
2.6
Avg Household Size
33
Median Age
20%
College-Educated
83%
High-School Grad
10.5 sq mi
ZIP Area
5,817
Density / Sq Mi
$62,143
Median Household Income
$36,281
Median Earnings
$1,268
Median Rent
$286,600
Median Home Value

Market

Lease Benchmarks for Bakersfield, CA

$6.72 /SF/Yr
Avg Asking Price
$1.83–$12 /SF/Yr
Price Range
5,913 SF
Avg Space Size

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Ground and third floor office spaces available for sublease.
Where is this office units located?
The property is located at 5401 California Ave Bakersfield, CA.
What are key features of this property?
This property features: Prominently located in the heart of the California Avenue corridor.; Ample on‑site surface parking.; Sublease term remaining through 2029.
(661) 885-6949 Call to check price and availability
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