Skip To Content

8302 Espresso Drive

Bakersfield, CA 93312
  • $3,600,000
  • STATUS: Active
  • ON SITE: 130 Days
  • ID#: 202311078
$3,600,000
  • 0
    BEDS
  • 1
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 12,632
    SQFT
  • $285
    $/SQFT
Neighborhood:
62
Type:
Commercial
Built:
2006
County:
Area:
62

School Ratings & Info

Description

8302 Espresso Drive is offered for sale at a time where demand for product far outweighs the supply. This is a unique opportunity for an owner/user to be able to occupy a professional office suite for pennies on the dollar in monthly costs in comparison to a traditional office lease. In this low-supply market, this could be an opportunity for a long-term investor as well. With today's land and construction cost, this property is priced well below replacement costs. -Excellent owner-user or investment opportunity with existing income and high quality vacancy to occupy or lease. -Northwest Office Submarket located west of the signalized intersection of Coffee Road and Granite Falls Way. -Proximity to the Westside Parkway - connecting to Central Bakersfield, Highway 99 and Interstate 5. -Located north of the Northwest Promenade Shopping Center (1,000,000 SF). -Monument signage on Espresso Drive. -Suite 130 of 4,706 RSF available for lease

Monthly Payment Calculator



Information deemed reliable, but not guaranteed. Copyright Golden Empire MLS, Inc. 2024. 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 Infinity Real Estate Services 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: 2024-03-03T23:31:47.14.
www.kerncountyhouse.com/homes/144682814
Print Image

8302 Espresso Drive Bakersfield, CA 93312

  • Price: $3,600,000
  • Status: Active
  • On Site: 130 Days
  • ID#: 202311078
0
Beds
0
Baths
0
½ Baths
1
Acres
12,632
SQFT
$285
$/SQFT
2006
Built
Neighborhood:
62
County:
Kern
Area:
62
Property Description
8302 Espresso Drive is offered for sale at a time where demand for product far outweighs the supply. This is a unique opportunity for an owner/user to be able to occupy a professional office suite for pennies on the dollar in monthly costs in comparison to a traditional office lease. In this low-supply market, this could be an opportunity for a long-term investor as well. With today's land and construction cost, this property is priced well below replacement costs. -Excellent owner-user or investment opportunity with existing income and high quality vacancy to occupy or lease. -Northwest Office Submarket located west of the signalized intersection of Coffee Road and Granite Falls Way. -Proximity to the Westside Parkway - connecting to Central Bakersfield, Highway 99 and Interstate 5. -Located north of the Northwest Promenade Shopping Center (1,000,000 SF). -Monument signage on Espresso Drive. -Suite 130 of 4,706 RSF available for lease
Property Features

Annual Gross Income 148716.00 Annual Net Income 80716.00 Cap Rate 3.8 Commercial Type Commercial Current Use Office Total Annual Expense 68000.00 Zone C-2 (Regional Commercial)

Listing courtesy of Dylan Lym of ASU Commercial: .


Information deemed reliable, but not guaranteed. Copyright Golden Empire MLS, Inc. 2024. 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 Infinity Real Estate Services 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: 2024-03-03T23:31:47.14.
 
https://bt-photos.global.ssl.fastly.net/bakersfield/1280_boomver_1_202311078-2.jpg https://bt-photos.global.ssl.fastly.net/bakersfield/1280_boomver_1_202311078-2.jpg https://bt-photos.global.ssl.fastly.net/bakersfield/1280_boomver_1_202311078-2.jpg
Logo
Infinity Real Estate Services
900 Truxtun Avenue Suite #230
Bakersfield CA, 93301