Description
Highly visible medical/office building on the west side of Stockdale Hwy with long term & stable tenants such as Dental office, Orthopedic Doctor, CPA/Tax. New flooring in 1 vacant unit, security gates installed throughout the building premises, and lots of improvements. Currently approx. 80% of the spaces are being occupied. Very well maintained. Current NOI is approx. $61,000. Pro-forma is above 11% CAP rate! Plenty of upside. Ideal for both investors or owner-occupied.
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0BEDS
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0.44ACRES
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0BATHS
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01/2 BATHS
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8,412SQFT
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$98$/SQFT
School Ratings & Info
Description
Highly visible medical/office building on the west side of Stockdale Hwy with long term & stable tenants such as Dental office, Orthopedic Doctor, CPA/Tax. New flooring in 1 vacant unit, security gates installed throughout the building premises, and lots of improvements. Currently approx. 80% of the spaces are being occupied. Very well maintained. Current NOI is approx. $61,000. Pro-forma is above 11% CAP rate! Plenty of upside. Ideal for both investors or owner-occupied.
Information deemed reliable, but not guaranteed. Copyright Golden Empire MLS, Inc. 2020. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Bakersfield Realty & Investment or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Data last updated: 2020-09-25T23:31:32.723.