Share This Listing

Message

929 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

Investment Highlights

  • Newer Surgery Center/Medical Clinic (Never Been Occupied)
  • Visibility from Highway 58 (45K+ Daily Traffic)

Executive Summary

Just reduced from $16,950,000 to $9,975,000, well below replacement cost. This Class A medical facility located at 5000 Commerce Drive in Bakersfield, California. Constructed in 2018, this ±25,000 square foot, two-story medical building was purpose-built to accommodate modern healthcare delivery
and offers an exceptional combination of quality, functionality, and visibility.
The property features a ±12,500 SF fully improved surgery center on the ground floor (never occupied), complemented by a ±12,500 SF
medical clinic on the second floor (also never occupied)—providing a highly efficient layout ideal for a wide range of medical users. Designed
with contemporary construction standards, the building offers high-end finishes, advanced infrastructure, and a professional environment
consistent with top-tier healthcare facilities.
Strategically positioned with direct visibility from Highway 58, the property benefits from exposure to over 45,000 vehicles per day, ensuring
strong identity and accessibility for patients and practitioners alike. Its central Bakersfield location further enhances convenience, with close
proximity to major transportation corridors and surrounding medical amenities.
Call for More Details...

Financial Summary (Pro Forma - 2026)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $1,199,375 $47.98
Other Income $421,346 $16.85
Vacancy Loss $59,969 $2.40
Effective Gross Income $1,560,752 $62.43
Taxes $171,041 $6.84
Operating Expenses $250,304 $10.01
Total Expenses $421,346 $16.85
Net Operating Income $1,139,407 $45.58

Financial Summary (Pro Forma - 2026)

Gross Rental Income (CAD)
Annual $1,199,375
Annual Per SF $47.98
Other Income (CAD)
Annual $421,346
Annual Per SF $16.85
Vacancy Loss (CAD)
Annual $59,969
Annual Per SF $2.40
Effective Gross Income (CAD)
Annual $1,560,752
Annual Per SF $62.43
Taxes (CAD)
Annual $171,041
Annual Per SF $6.84
Operating Expenses (CAD)
Annual $250,304
Annual Per SF $10.01
Total Expenses (CAD)
Annual $421,346
Annual Per SF $16.85
Net Operating Income (CAD)
Annual $1,139,407
Annual Per SF $45.58

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
25,000 SF
Building Class
A
Year Built
2018
Price
$13,871,036 CAD
Price Per SF
$554.84 CAD
Cap Rate
8.21%
NOI
$1,138,812 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
12,500 SF
Building FAR
0.52
Lot Size
1.10 AC
Zoning
C-2 - Commercial

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 2nd Floor
  • 12,500 SF
  • Office/Medical
  • Full Build-Out
  • 30 Days

2nd floor office/medical space available with 18 exam rooms, 4 test rooms, and 11 private offices.

Space Size Space Use Condition Available
2nd Floor 12,500 SF Office/Medical Full Build-Out 30 Days

2nd Floor

Size
12,500 SF
Space Use
Office/Medical
Condition
Full Build-Out
Available
30 Days

2nd Floor

Size 12,500 SF
Space Use Office/Medical
Condition Full Build-Out
Available 30 Days

2nd floor office/medical space available with 18 exam rooms, 4 test rooms, and 11 private offices.

Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Very bikeable
80/100

Property Taxes

Property Taxes

Parcel Number
331-330-41-00-8
Land Assessment
$1,541,151 CAD (2025)
Improvements Assessment
$12,232,068 CAD (2025)
Total Assessment
$13,773,219 CAD (2025)
Annual Taxes
$171,041 CAD ($6.84 CAD/SF)
Tax Year
2026
  • Listing ID: 39988557

  • Date on Market: 2026-04-01

  • Last Updated:

  • Address: 5000 Commerce Dr, Bakersfield, CA 93309

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}