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5000 California Office Plaza 5000 California Ave 34,249 SF 100% Leased Office Building Bakersfield, CA 93309 For Sale
Investment Highlights
- 100% Leased
- Drive Thru for Bank Branch
- 8.1% Cap Rate | $746,013 NOI
- 75% Leased to Anchor Tenant (Tri Counties Bank (Nasdaq: TCBK) $10+ Billion in Assets)
- Located on Signalized Hard Corner
- Newer Solar Panel System
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$1,425,080
|
$41.61
|
| Other Income |
$57,581
|
$1.68
|
| Vacancy Loss |
$71,254
|
$2.08
|
| Effective Gross Income |
$1,411,406
|
$41.21
|
| Taxes |
$157,022
|
$4.58
|
| Operating Expenses |
$197,131
|
$5.76
|
| Total Expenses |
$354,153
|
$10.34
|
| Net Operating Income |
$1,057,254
|
$30.87
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $1,425,080 |
| Annual Per SF | $41.61 |
| Other Income (CAD) | |
|---|---|
| Annual | $57,581 |
| Annual Per SF | $1.68 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $71,254 |
| Annual Per SF | $2.08 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $1,411,406 |
| Annual Per SF | $41.21 |
| Taxes (CAD) | |
|---|---|
| Annual | $157,022 |
| Annual Per SF | $4.58 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $197,131 |
| Annual Per SF | $5.76 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $354,153 |
| Annual Per SF | $10.34 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $1,057,254 |
| Annual Per SF | $30.87 |
Property Facts
Sale Type
Investment
Property Type
Building Size
34,249 SF
Building Class
A
Year Built/Renovated
1985/2018
NOI
$1,057,250 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
17,125 SF
Building FAR
0.39
Lot Size
2.02 AC
Zoning
CO
Parking
136 Spaces (3.97 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Signage
1 1
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 331-023-09-00-7 | Total Assessment | $10,419,210 CAD |
| Land Assessment | $2,455,950 CAD | Annual Taxes | $157,022 CAD ($4.58 CAD/SF) |
| Improvements Assessment | $7,963,260 CAD | Tax Year | 2025 |
Property Taxes
Parcel Number
331-023-09-00-7
Land Assessment
$2,455,950 CAD
Improvements Assessment
$7,963,260 CAD
Total Assessment
$10,419,210 CAD
Annual Taxes
$157,022 CAD ($4.58 CAD/SF)
Tax Year
2025
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5000 California Office Plaza | 5000 California Ave
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