For Sale
$4,850,000
200 New Stine Rd Bakersfield, CA 93309
Value-add office, 53,934 SF, 21 tenants
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 134
Highlights
- Value-add multi-tenant office investment opportunity, also suitable for a partial owner-user.
- Prime Bakersfield location at a heavily trafficked intersection of California Ave/New Stine Road and Stockdale Hwy.
- 49.14% occupancy with 21 tenants, average suite size 1,152 square feet.
- Substantial rent growth potential due to conservative existing rents.
- Recently completed common area remodel with LED lighting upgrades.
- Located in Bakersfield's largest office submarket (over 3.2M sq ft).
Property Details for 200 New Stine Rd
- Property type
- Office properties
- Square Feet
- 53,934 SF
- Class
- B
- Year Built/Renovated
- 1975/2024
- Stories
- 2
- Lot Size (sq. ft)
- 84,506 SF
Location Insight
- City
- Bakersfield
- County
- Kern
- State
- California
- Latitude
- 35.352629928386
- Longitude
- -119.06083792609
Nearby Similar for Sale
FAQs
- What type of property is this?
- Office property - Value-add office, 53,934 SF, 21 tenants
- Where is the office property located?
- The property is located at 200 New Stine Rd Bakersfield, CA.
- What is the asking price?
- The asking price for this property is $4,850,000.
- What are key features of this property?
- This property features: Value-add multi-tenant office investment opportunity, also suitable for a partial owner-user.; Prime Bakersfield location at a heavily trafficked intersection of California Ave/New Stine Road and Stockdale Hwy.; 49.14% occupancy with 21 tenants, average suite size 1,152 square feet.
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