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The Tower at 901 901 Tower Way 26,602 SF 100% Leased Office Building Bakersfield, CA 93309 $5,753,521 CAD ($216.28 CAD/SF)

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Investment Highlights

Hard to find owner/user opportunity priced well below comparable replacement cost.
Convenient parking field, consisting of approximately 119 stalls.
Monument signage along the frontage with the possibility of prominent building-top signage for corporate identification.

Located in the geographic center of Bakersfield in the largest office submarket with more than 3.2 million square feet of rentable office space.
Located on a secondary roadway with minimal traffic obscuring ingress and egress.

Executive Summary

ASU Commercial is pleased to present 901 Tower Way for sale, located in the heart of the Southwest Office Market, Bakersfield’s largest and most centrally located office submarket. A three story office building that is fully vacant is an ideal asset for an owner/user of office space. This building is situated near more than 3.2 million square feet of professional office space off of the California Avenue corridor and with its proximity to Truxtun Avenue Extension, the Westside Parkway and Highway 99, is ideally located to access all areas of Greater Bakersfield.

901 Tower Way OM

Property Facts

Sale Type

Investment or Owner User

Sale Condition

High Vacancy Property

Property Type

Office

Property Subtype

Loft/Creative Space

Building Size

26,602 SF

Building Class

Year Built

1984

Price

$5,753,521 CAD

Price Per SF

$216.28 CAD

Percent Leased

100%

Tenancy

Multiple

Building Height

3 Stories

Typical Floor Size

8,867 SF

Slab To Slab

11’

Building FAR

0.33

Lot Size

1.85 AC

Zoning

C-O - Commercial Office

Parking

119 Spaces (4.5 Spaces per 1,000 SF Leased)

Signage

Balcony

Major Tenants

Driltek Inc
Professional, Scientific, and Technical Services
-
-
-
-

DSJ Insurance
-
-
-
Modified Gross
-

Educational Services
-
-
-
-

Le bureau du surintendant des écoles du comté de Kern, communément appelé KCSOS, est le Bureau de l'éducation du comté de Kern. KSCOS ne gouverne aucun des districts scolaires du comté de Kern. Au contraire, le KCSOS soutient et sert chacun d'eux par le biais d'une variété de programmes, de la responsabilisation financière, de l'approbation des plans de responsabilisation des districts (LCAP), de la formulation de nouveaux programmes d'études, de l'aide au perfectionnement du personnel et des programmes de formation, de la collaboration avec des partenaires communautaires au profit des jeunes locaux, et bien plus encore.

Tenant	Industry	SF Occupied	Rent/SF	Lease Type	Lease End
Driltek Inc	Professional, Scientific, and Technical Services	-	-	-	-
DSJ Insurance	-	-	-	Modified Gross	-
	Educational Services	-	-	-	-