5401 California AveBakersfield, CA 93309

This exceptional investment opportunity presents a 30,012-square-foot Class A office building in Bakersfield, California. Located at 5401 California Ave, 93309, this single-tenant property boasts a long-term net lease with Wells Fargo Bank, a highly creditworthy tenant. The lease commenced January 1, 2025, and extends through December 31, 2029, representing a remaining term of five years. The building, originally constructed in 1982 and extensively renovated in 2018 and 2024, features three stories and 109 parking spaces. Wells Fargo occupies the entire building, utilizing the space for a full-service bank branch (including a double drive-through), a training center, administrative offices, and sales/marketing areas. The property's strong financial performance is reflected in its 7% cap rate and a Net Operating Income (NOI) of $598,946. The asking price is $8,556,000, translating to $285.09 per square foot. Situated in a prime location with convenient access to freeways, retail, restaurants, and hotels, this property offers a compelling combination of strong tenancy, attractive financial metrics, and a desirable location within Kern County. The property is zoned C-O. The building's architectural appeal and recent renovations further enhance its value and marketability. This is a rare opportunity to acquire a stable, high-quality income-producing asset with a blue-chip tenant.