Bakersfield, California, Kern County, 93305

A HUGE $300K PRICE REDUCTION. A Unique Property on a hard corner with access from all sides and drive-through facilities. Occupied by Bank of America, a single national credit tenant, for a very long time with multiple options to renew every five(5) years, the latest one of which was recently exercised on 5/31/2023 for another five(5) years. Tenant is on a NNN lease currently paying $133,303/year(4.60 Cap Rate) with future increases at each option renewal and with NO landlord responsibilities. The size and Unique configuration of this property offers a tremendous potential for future development upon expiration of Tenant's lease. Motivated Seller will entertain all reasonable offers. Full 2.5% commission to buyer's agent. Let's make it happen.

Listing Courtesy of Kris Armand , Foresight Rlty & Inv.