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1801 16th St
Bakersfield, CA 93301 Downtown Bakersfield

Price Upon Request

Medical For Sale  •  15,817 SF

Property Details

  • Property Type Medical
  • Total Building Size 15,817 SF
  • Lot Size 1.02 AC
  • Building Class B
  • Year Built 1969
  • Tenancy Multiple
  • Zoning C-C-Office
48 Transit Score
68 Walk Score

Highlights

94% Occupied Multi-Tenant Medical Office Building
Partial Sale Leaseback for 70% of building
All leases are Triple Net (except for insurance)
Excess land for future building or additional parking
7.7% Cap Rate
Offered substantially below replacement cost

Major Tenants

Tenant SF Occupied Lease End Date
Centennial Medical Group 11,090 SF
Clinicians Telemed 1,047 SF
Neuva Aesthetics, LLC 1,595 SF
The Centennial Group 1,176 SF

Amenities

  • 24 Hour Access
  • Conferencing Facility
  • Signage
  • Air Conditioning

Public Transportation

AirportDriveWalkDistance
Meadows Field 15 min - 6.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 60
Type: Surface
Included in Rent: Yes