4540 California Ave Bakersfield, CA 93309
This exceptional Class A office building, located at 4540 California Avenue in Bakersfield, California, offers 50,000 square feet of premium office space. Built in 1987 and extensively renovated in 2015, the five-story building boasts a prominent location in the California Corridor submarket, providing excellent visibility and accessibility. The property features multiple tenancy options, with suites ranging from a minimum of 892 square feet to a maximum contiguous space of 11,211 square feet. A total of seven suites are available, with 15,000 square feet currently vacant. Ample parking is provided with 390 spaces. The building is equipped with two high-speed elevators and is zoned C-O. Its convenient location offers easy access to Highway 99, Westside Parkway, and the Centennial Corridor. The asking lease rate is $0.99 per square foot per month on a modified gross basis (utilities and janitorial services are excluded). The property's APN is 332-510-14-00-9, and it's situated in Kern County, California, zip code 93309, near Easton Dr. This is an ideal opportunity for businesses seeking a modern, well-maintained office space in a prime Bakersfield location.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.