7005 Downing Ave Bakersfield, CA 93308

This exceptional investment opportunity presents a 7,500 square foot flex space property located at 7005 Downing Ave, Bakersfield, CA 93308. The property sits on a 1.59-acre lot and is zoned M-3, offering versatility for various industrial uses. Currently under a net lease agreement with a remaining term of four years (commencing June 1st, 2023, and expiring May 31st, 2027), this investment provides immediate cash flow. The asking price is $1,350,000. The property's strategic location in Bakersfield's Rosedale "Oilpatch" submarket, just north of Rosedale Highway, east of Coffee Road, and west of Fruitvale Avenue, ensures strong tenant demand and potential for future appreciation. The single building comprises the entire 7,500 square feet, offering efficiency and ease of management. The property's APN is 450-070-43. This is a turnkey investment ideal for those seeking a stable, income-generating asset in a thriving industrial area. The long-term lease provides security and predictable returns, making this a compelling opportunity for discerning investors. Don't miss this chance to acquire a well-located, net-leased industrial property in a high-demand market.