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Major Value-Add/Owner-User 4000 Physicians Blvd 16,456 SF Office Building Bakersfield, CA 93301 $2,204,160 CAD ($133.94 CAD/SF)
Investment Highlights
- Positioned directly adjacent to Memorial Hospital, the building benefits from excellent accessibility and proximity to Bakersfield's medical services
- Located within a secured medical office development featuring controlled access and a perimeter security wall
- A portion of the building is available for an owner-user, allowing an owner to occupy space while benefiting from existing tenant income
- Zoned C-O (Commercial and Professional Medical District) and includes ample parking to support medical office operations
Executive Summary
Major value-add/owner-user medical office building for sale located next to Memorial Hospital in the desirable Physician's Blvd Development. Large security wall around the entire development. Portion of 2nd floor is available for an Owner-User which comes with $148,620/Year in gross income from the two other Tenants.
For all due diligence materials, please visit the property's auction website at FRE.com/572D6
For all due diligence materials, please visit the property's auction website at FRE.com/572D6
Property Facts
Sale Type
Owner User
Property Type
Office
Property Subtype
Medical
Building Size
16,456 SF
Building Class
B
Year Built
1983
Price
$2,204,160 CAD
Price Per SF
$133.94 CAD
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
8,650 SF
Building FAR
1.05
Lot Size
0.36 AC
Opportunity Zone
Yes
Zoning
C-O - Commercial and Professional Medical District
Parking
200 Spaces (8 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Controlled Access
- Fenced Lot
- Signage
- Reception
- Air Conditioning
Moderately walkable
60/100
Very drivable
80/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 120-221-05-00-1 | Improvements Assessment | $3,188,394 CAD |
| Land Assessment | $484,870 CAD | Total Assessment | $3,673,264 CAD |
Property Taxes
Parcel Number
120-221-05-00-1
Land Assessment
$484,870 CAD
Improvements Assessment
$3,188,394 CAD
Total Assessment
$3,673,264 CAD
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Major Value-Add/Owner-User | 4000 Physicians Blvd
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