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Becky Campos
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(831) 444-8500
Mobile Phone:
(831) 818-7607
rcampos969@aol.com
DRE# #00575464
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FOR SALE
$2,900,000
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1201 Baker Street
Bakersfield, CA 93305

Retail, Business Opportunities
Residence
11,426
Sqft
1.3784
Lot Size
Listing Agent: Kris Armand CalDRE: 00775942 - Foresight Rlty & Inv., 818-343-3300

Description for 1201 Baker Street Bakersfield, CA 93305

A HUGE $300K PRICE REDUCTION. A Unique Property on a hard corner with access from all sides and drive-through facilities. Occupied by Bank of America, a single national credit tenant, for a very long time with multiple options to renew every five(5) years, the latest one of which was recently exercised on 5/31/2023 for another five(5) years. Tenant is on a NNN lease currently paying $133,303/year(4.60 Cap Rate) with future increases at each option renewal and with NO landlord responsibilities. The size and Unique configuration of this property offers a tremendous potential for future development upon expiration of Tenant's lease. Motivated Seller will entertain all reasonable offers. Full 2.5% commission to buyer's agent. Let's make it happen.

Property Details

SR24031231
Retail, Business Opportunities, 1 Story
Kern
1972
1.3784 Acres
Public
1
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Listing Agent: Kris Armand CalDRE: 00775942 - Foresight Rlty & Inv., 818-343-3300
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Becky Campos

8061 San Miguel Canyon Rd. Ste. D115, Prunedale, CA 93907 | Phone: (831) 818-7607 | Email: rcampos969@aol.com

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