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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 |
$1,397,718
|
$40.81
|
| Other Income |
$56,475
|
$1.65
|
| Vacancy Loss |
$69,886
|
$2.04
|
| Effective Gross Income |
$1,384,308
|
$40.42
|
| Taxes |
$154,007
|
$4.50
|
| Operating Expenses |
$193,346
|
$5.65
|
| Total Expenses |
$347,353
|
$10.14
|
| Net Operating Income |
$1,036,955
|
$30.28
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $1,397,718 |
| Annual Per SF | $40.81 |
| Other Income (CAD) | |
|---|---|
| Annual | $56,475 |
| Annual Per SF | $1.65 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $69,886 |
| Annual Per SF | $2.04 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $1,384,308 |
| Annual Per SF | $40.42 |
| Taxes (CAD) | |
|---|---|
| Annual | $154,007 |
| Annual Per SF | $4.50 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $193,346 |
| Annual Per SF | $5.65 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $347,353 |
| Annual Per SF | $10.14 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $1,036,955 |
| Annual Per SF | $30.28 |
Property Facts
Sale Type
Investment
Property Type
Building Size
34,249 SF
Building Class
A
Year Built/Renovated
1985/2018
NOI
$1,036,951 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 | $7,909,798 CAD (2026) |
| Land Assessment | $2,450,923 CAD (2026) | Annual Taxes | $154,007 CAD ($4.50 CAD/SF) |
| Improvements Assessment | $5,458,874 CAD (2026) | Tax Year | 2025 |
Property Taxes
Parcel Number
331-023-09-00-7
Land Assessment
$2,450,923 CAD (2026)
Improvements Assessment
$5,458,874 CAD (2026)
Total Assessment
$7,909,798 CAD (2026)
Annual Taxes
$154,007 CAD ($4.50 CAD/SF)
Tax Year
2025
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5000 California Office Plaza | 5000 California Ave
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