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4040 California Ave
Bakersfield, CA 93309

$4,900,000 USD

Medical For Sale  •  5,346 SF

Property Details

  • Property Type Medical
  • Total Building Size 6,039 SF
  • Lot Size 0.84 AC
  • Building Class C
  • Year Built 1971
  • Cap Rate 7.23 %
  • Tenancy Single
34 Transit Score
67 Walk Score

Highlights

State of the art retrofit-to-suit in 2020 providing patients with the best technology
The lease structure is Abs. NNN with a corporate/personal guaranty, making this a passive investment opportunity for a hands-off investor
3% annual rental increases during the primary term and option periods, providing an investor with a hedge against inflation
Accelerated Urgent Care specializes in Medi-Cal insured patients, largest health plan covering 38% of Kern County through the Kern Family Health Care

Property Flyers

Cap Rate: 7.23 %

Public Transportation

Commuter RailDriveWalkDistance
Bakersfield (San Joaquins - Amtrak) 7 min - 2.9 mi
AirportDriveWalkDistance
Meadows Field 15 min - 6.5 mi
Bryan Webb 415-515-6878 CP Partners
Bryan Webb 415-515-6878 CP Partners