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5000 Commerce Dr Bakersfield, CA 93309

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For Sale
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Two Class A medical buildings, sale/leaseback.

Property Features for 5000 Commerce Dr

General Information

Property type
Medical offices
Class
A

Building Details

Year Built/Renovated
2018/2009
Buildings
2
Stories
1

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Listing Contact
Alex Balfour
Alex Balfour

Listing Agency: Cushman & Wakefield - Bakersfield, California Listing Agent: Alex Balfour

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional investment opportunity presents a portfolio of two Class A medical buildings totaling approximately 25,000 net rentable square feet, situated at 5000 Commerce Dr, Bakersfield, CA 93309. The property, zoned C-2, consists of two single-story buildings constructed in 2009 and 2018, with recent renovations in both years. Building one, a ±25,000 square foot facility built in 2018 by Klassen Corporation, features a state-of-the-art surgical center with four operating rooms on the ground floor and modern medical office space upstairs. Building two, a ±16,000 square foot building constructed in 2009, is currently occupied by a well-established medical practice and is available for a leaseback. The portfolio boasts a combined 143 parking spaces (6 spaces per 1,000 sq ft), offering ample parking for patients and staff. Currently at 55% occupancy, the property offers a compelling sale/leaseback opportunity with a corporate guarantee and a lease commencement date of July 24, 2024. The asking price is $16,950,000, with a triple net (NNN) lease and 3% annual rent bumps. The property benefits from excellent freeway access and high visibility. This is an ideal investment for owner-users seeking a long-term leaseback option or for investors looking for a strong, stable income stream. The property is offered as a combined portfolio or separately. Further details are available upon request.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Medical offices

Suggested Use

Restaurant Real Estate Agency Building Supply Spa & Massage Center Law Firm Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

Location Insight

  • Map
  • Local Demand
City
Bakersfield
County
Kern
State
California
Longitude
-119.0581016
Latitude
35.368324

FAQs

What type of property is this?
Medical office - Two Class A medical buildings, sale/leaseback.
Where is this medical office located?
The property is located at 5000 Commerce Dr Bakersfield, CA.
What is the asking price?
The asking price for this property is $16,950,000.
What are key features of this property?
This property features: Exceptional investment opportunity: Two Class A medical buildings totaling 25,000 net rentable square feet in Bakersfield, CA.; Two single-story buildings (2009 & 2018 construction) with recent renovations.; Building features include a state-of-the-art surgical center with four operating rooms and modern medical office space.
(661) 304-2521 Call to check price and availability
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