Listing provided courtesy of Kris Armand of Foresight Rlty & Inv.. Last updated 2024-11-07 09:27:46.000000. Listing information © 2024 Sandicor.

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Asking Price: $2,200,000

1201 Baker, Bakersfield CA 93305

Community: BKSF - Bakersfield

This Retail property was built in 1972 and is priced at $2,200,000. Please see the additional details below.

0 Sq Ft
0 bathrooms
0 bedrooms
MLS#: SR24031231
Type: Retail
Year Built: 1972

Another HUGE $700K PRICE REDUCTION. A Unique Property on a signalized 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(6.06 Cap Rate) with future increases at each option renewal and with NO landlord responsibilities. The huge 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. Let's make a deal happen.

Call or Email Ever Eternity now to inquire about this property

858-688-4113

Information

Address:	1111 Prospect St, Suite 100 La Jolla CA 92037
Phone:	858-688-4113
E-mail:	Send a Message
DRE#:	01794847

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