Bakersfield, CA Commercial Real Estate

Prominent Storefront Signage.

Gateway Plaza is located on the Southwest corner of Union Ave and 4th St. The Shopping Center is located in Downtown Bakersfield. The Shopping Center is North of CA-58, South of California, West of King St, and East of Chester Ave. The Shopping Center is surrounded by existing residential neighborhoods and is in close proximity to many National and Local Retailors including Dollar General, Jack in the Box, Little Caesars Pizza, Subway, Walmart, Panda Express, Taco Bell and many more!

Southside Center is located on the Southeast corner of New Stine Rd & Wilson Rd. The Shopping Center is located in Southwest Bakersfield. The Shopping Center is North of Planz Rd, South of Ming Ave, West of Akers Rd & East of Asher Rd. The Shopping Center is surrounded by existing residential neighborhoods and is in close proximity to the Ming Ave retail corridor which consist of The Home Depot, Target, Macy's, McDonald's and many more National and Local Retailors.

Parcel is located on the NEC Bernard St & Mt Vernon Ave in Bakersfield, CA. Strategically located off the interchange of CA State Highway 178 & Mt Vernon Ave. The parcel is North of College Ave, South of CA-178, West of Oswell St and East of Hayley St. Property benefits directly from the CA 178 Highway, with traffic passing in front of this property. Easy North/South Hwy 178 access & will benefit from this large, expanding commercial/residential market. ±4.43 acres of prime retail land strategically off the CA-178 exit of Mount Vernon Ave & Bernard St. Prime location next to Home Depot and is shovel-ready site with fully improved street approaches, sidewalks, curbs, gutters, street lights, fire hydrants, a 400' paved fire road (east side), and an existing fenced Retention Bason already pre-engineered. As this is the tallest site in the area, it features a pronounced stance with maximum building exposure, and vehicular access via the north adjacent to Home Depot. Property has plenty of fill dirt existing and the pad is built up. Quick access to CA-99, which allows for convenient access to all the major Cities in the area absorbing from Tulare, Visalia, Lancaster, and more. The property has a flexible General Commercial zoning offering a variety of uses. Located within one of Bakersfield's major Retail area off of Mall View Rd and CA-178 surrounded by many national retailers inside the East Hills Shopping Center including Home Depot, Walmart Supercenter, Target, Big 5 Sporting Good, PetSmart, Game Stop, Lowes, Office Max, Jack in the Box, Del Taco, Starbucks, Smart & Final Extra, Walgreens, Rite Aid, Bank of the Sierra, Ono Hawaiian BBQ, Chipotle, and many more! Strategically positioned at the full interchange with both north and south bound loop on and off-ramps, which carry approximately ±79,784 cars per day in the area; CA-178: ±41,872; Bernard St: ±12,647; Mt Vernon Ave: ±25,265. Existing ramps dispense traffic next to the subject property. All wet & dry utilities at site.

PROPERTY FEATURES: • 60,423SF • 2-Storey Building • Professionally Managed • Professional Medical Office Building • Surrounded by other Professional Medical Office Buildings • River Walk Bike Path runs through the back end of the property • Elevator Served RIVERWALK MEDICAL PLAZA is a two-story Class “A” medical plaza building located in Bakersfield, CA. The property is a brick and clad metal visually attractive design with great street visibility and access to the new West Side Parkway and the Kern River Bike Path. Major tenants in the building include Dignity Health, Children’s Hospital of LA (CHOLA), and Quest Diagnostics.

FEATURES: • New Construction • Tenant Signage • Direct Suite Access • Adjacent to Urgent Care (In Phase 1) • Surface Parking • Mt Vernon Frontage

Conveniently located at the White Lane Plaza Shopping Center's east end with a dedicated entrance at the front. The Plaza Tower Apartments are located immediately east of the subject site, and this facility consists of a multistory apartment building. Single-family dwellings occupy the entire area north of the subject site, across Wilson Road. Neighboring tenants include the Target, Starbucks, Panda Express, Print, Sears, Vans, T-mobile, Macy's, Forever 21, Apple Store, PacSun, Old Navy, GameStop, Reading Cinemas (14 screen stadium theater), Kmart and Big Lots, Don Pepes, Foster Freeze, Mor Furniture For Less, and more. Located near the Valley Plaza Regional Mall on Wilson Road, just east of Freeway 99. ±4,168 SF vacant freestanding restaurant building located in the "White Lane Plaza" Shopping Center on 75.79 Acres. Features a functional floor plan with 3 dining areas, 1 bar, large kitchen, 2 private restrooms and potential to have a drive-thru. Located within a large shopping center anchored by Clinica Sierra Vista, Dollar General, Liquor Mart, Kern County Department of Human Services and other local tenants. The property offers high visibility and easy access from all sides of the center.

117 & 133 V Street is an office/warehouse property located in Central Bakersfield, near Brundage Lane and V Street. The project consists of one (1) office/warehouse building and two (2) all warehouse buildings, totaling approx. 14,739 sf. There are three parcels of land totaling approx. .98 acres and are zoned C-2. The property is fully fenced and gated with 28 parking spaces.

Industrial manufacturing and warehousing facility near Downtown Bakersfield. Ample office and yard area with additional parcel adjacent to main building available. Parcels ranging from .26 to 1.38 acres. Main facility includes 400amps of 240/120v 3 phase power. Property is partially paved and fully fenced. Adjacent properties are separate parcels and can be purchased separately and ready to build. Call for details.

Located on Southeast intersection of Roberts lane and Oildale Drive in Bakersfield, CA. Located within minutes of on/off ramps of HWY-208. The parcel is located North of McCord Ave, South of Belle Ave, West of Chester Ave and East of Airport Drive. The parcel is surrounded by existing residential neighborhoods and is close proximity to local and national tenants which consist of McDonalds, Napa Auto Parts, Dollar General Market, Wienerschnitzel and many more! 40 Unit Multi-Family Apartment, Mobile Home, and Commercial units on ±2.61 Acres of land in Bakersfield, CA. Property consists of multiple structures totaling ±19,515 SF including (6) apartment type buildings with multiple units, (1) SFR, (2) commercial buildings and (16) mobile home spaces. The property has (3) studio units, (8) 1 bed/1 bath units, (10) 2 bed/1 bath units, (1) 3 bed/2 bath unit, (1) SFR unit, (16) generous-sized mobile home spaces, and (4) commercial spaces. Each multi-family unit has separate gas & electric meters, all units have private rear patio/backyards, mobile home lots are spacious with existing pads poured, and all roads throughout are paved. Each lease term is typically MTM, noting tenants to pay their own utility & hot water, and separate electric meter. There are (2) commercial buildings that are fully leased; #335 operates as a church and #327-329 has been a long-term Smoke Shop who recently expanded, and extended the lease by 5 additional years showing their commitment to the space. The apartments are located in North Bakersfield with the Meadows Apartment and Amazon Distribution Center just North of the property. There are Elementary, Middle School and High School and local colleges within a few miles of the property. The value-add opportunity consists of addressing the under-market rent of (10) tenants by very minimal amounts, extending lease length over the next 6-12 months for the (5) tenants at market rates, and leasing the remaining (25) units totaling 62.5% of the property. Value-add opportunity with actual rents of $140,148/year collected plus upside potential. After addressing the vacancies alone, the annual income is $324,351 (231% upside). After addressing the undermarket units, this deal has potential annual income of $365,580. Unique investment offering easy-to-rent small spaces within an under-built market offering a strong need for these type of units. Once stabilized, the deal offers a 12.6% Cap rate, 26.45% cash-on-cash return when leveraged with 30% down, which produces a 2.7 Debt Coverage Ratio! BONUS APN/Structure: 323 1/2 is on a sperate APN valued at $120k that is included in the sale price!

Strategically located off the interchange of CA State Highway 99 & Stockdale Highway in Bakersfield CA. Location is 1 intersection north of the most recent growth point of town, surrounded by a large housing tracts and commercial developments. Easy north/south Hwy 99 access & will benefit from this large, expanding commercial market. Bakersfield is a city in and the county seat of Kern County, California, United States. It covers about 151 sq mi near the southern end of the San Joaquin Valley and the Central Valley region. Bakersfield's population is around 380,000, making it the 9th-most populous city in California and the 52nd-most populous city in the nation. The Bakersfield–Delano Metropolitan Statistical Area, which includes all of Kern County, had a 2010 census population of 839,631, making it the 62nd-largest metropolitan area in the United States. The more built-up urban area that includes Bakersfield and areas immediately around the city, such as East Bakersfield, Oildale and Rosedale, has a population of over 520,000. Bakersfield is THE charter city. Price Reduction!! ±9.42 Acres (±410,335 SF) of development land ideal for a mini-storage development located off of State Route CA 99, adjacent to Bakersfield College and the Country Club. Parcel benefits from existing long-term cell tower lease of $1,000/year in passive income (since 1999) in the 3rd renewal term (9/1/2019 – 8/31/2024), with the 4th renewal term (9/1/2024 – 8/31/2029) coming up. • RV/Mini storage option allows for 50’ of RV Storage + 50’ of RV Drive Aisle, two rows of 20’ storage units + drive aisles for access, and possible additional smaller row of storage dependent on restrictions and setbacks. • Office option using a single loaded parking scheme allows parking down both sides of the property at east and west ends, one drive aisle per row of parking, building located centered on property, and approximately 75’ feet of buildable space for offices. • Apartments option with a double loaded parking scheme allows all parking pushed to the west against the housing tract, two rows of parking with a single drive aisle, approximately 100’ of buildable space for apartments (factoring in separations, landscaping, parking, community areas, etc.).

Located on Northwest corner of Brundage Lane and H Street in Bakersfield, CA. Located directly off the off ramp of HWY-58 and H Street. The parcel is located North of HWY-58, South of 1st Street, East of F street and West of Chester Ave. The parcel is surrounded by existing residential neighborhoods and is close proximity to local and national tenants which consist of McDonalds, Domino's Pizza, Walgreens, Panda Express, Popeyes Louisiana Kitchen and many more!

Retail space strategically located on Chester Ave and Washington Ave in Bakersfield, CA. The location is North of Lincoln Ave, South of Woodrow Ave, East of California Street and West of Iris Street. ±2,592 SF office/warehouse building located in Bakersfield, CA offering an excellent SBA owner/user opportunity. Value-add investor or owner-user opportunity with a easy-to-rent small office/warehouse space within an under-built market offering a strong need for these types of spaces. Convenient location, visibility, and access located on along Chester Ave.

This property is located on the corner of Flower Street & Gage Street in Bakersfield, CA just off HWY-178. Located North of Quincy Street, South of Lincoln Street, West of Robinson Street and East of Beale Ave. ±1,662 SF of Freestanding Industrial buildings on ±0.29 acres of land with CA-178 visibility. Thrifty and expedient alternative to new construction by avoiding a lengthy construction time delay, land acquisition/fees, and high construction costs. This existing deal offers a flexible configuration offering easy highway access and the possibility to occupy (or lease out) different sections. Located off CA-178 connecting to CA-204, and CA-99. Flexible Industrial Zoning allows for many uses allowed in this centrally located Industrial area.

Fully operational cash-flowing 9,500 SF Lodge/Motel & development land on 19.01 Acres. Corral Creek Lodge offers modern & spacious rooms, and is the closest lodging to destinations such as Trail of 100 Giants and the wilderness areas of the southern Sierra Nevada Mountain Range. The AAA approved 2 diamond rating Lodge offers 20 modern spacious rooms in a quiet & scenic setting priced below replacement cost. Amenities include a BBQ & dining deck, spacious air conditioned single king and double queen rooms, and kitchen facilities. Reservation system uses Hotelogix & interfaces with major OTA's. Steadily increasing clientele continue to add a tour of the southern Sierras to their trips to LA, San Diego, Death Valley and Las Vegas. Great SBA candidate!There is a "Preliminary" economics breakdown and a "Proposed" layout for 35 spaces for RV Development on the river side of the road. All but 2 of the sites are either pull through or back to the left entry for the trailer. People tend to run into things when backing to the right. All sites are 65X25 which compares favorably with other RV parks in the area. Most of the existing RV parks are booked or nearly so throughout the summer and range from 20% to 60% throughout the winter. We did economics on the basis of 14 week summer rates and 38 week winter rates. We put in costs for a manager on site 8hrs/day. However, if it is run by the motel staff, then the additional labor is negligible. The median case Net Cash Flow is nearly $200K/yr!

4825 Calloway Drive, Suite 102, is a professional office condominium unit, located in the Meridian Professional Development. Across from Riverlakes Golf Course, this property is situated at the southwest corner of Calloway Drive and Noriega Road. Great northwest location that is a close driving distance to retail services such as banking, restaurants, gas, and many other amenities.

19424 Colombo Street is located in the Airport area of Bakersfield, CA. Easy access to Highway 99 from Saco Road.

3701 Pegasus Drive is located in Northwest Bakersfield off of Merle Haggard Drive conveniently close to the Meadows Field Airport with easy access to Freeway 65 and Highway 99. Office/warehouse available in a 70,456 square foot multi-tenant office/warehouse project Suite is individually metered for utilities Monument signage and building signage available Property is close to Meadows Field Airport Easy access to Freeway 99 and Highway 65 Property is zoned M2-PD

4801 Calloway Drive, Suite 102, is a 1,593 square foot professional office condominium unit, located in the Meridian Professional Development. The property is zoned C-O PCD and is situated at the southwest corner of Calloway Drive and Noriega Road. Great northwest location with limited like-kind product available in the sub-market that is ready to be occupied. A 1,593 SF professional office condominium located in the Meridian Professional Development Space is in great shape with beautiful modern interior finishes Open floor plan including reception area, conference room, open bullpen space, interior restrooms and coffee bar with sink Abundant on-site parking with exterior entrance to suite Great visibility with Calloway Drive exposure Building signage available Utilities are separately metered Zoned C-O PCD

1824 Norris Road is located near Pegasus Drive and Highway 99 in North Bakersfield. The building is in close proximity to Bakersfield Airport Business Center and Meadows Field Airport.

1011, 1031, & 1037-1039 17th Street is an approximately 13,395 square foot ,three building, multi-tenant, office project located on approximately .51 acres on the SEC of 17th Street & ‘N’ Street in Downtown Bakersfield. This project provides a unique opportunity as it is being offered well below replacement cost, has existing income, and an approximately 3,850 SF vacant office suite that can be occupied by an owner user or rented for additional income. Three Buildings, professional office project, conveniently located on approximately .51 acres in Downtown Bakersfield Unique Opportunity with existing rental income Currently the project is 66% leased with most Tenants on flexible lease terms Offered well below replacement cost Suites are individually metered for utilities Monument and building signage available On-site and street parking available

3900 Buck Owens Blvd is located at the NEC of Buck Owens Blvd and Brittan Road in central Bakersfield. Also known as the “Oil Patch”, this area is home to many oil service, and construction supply companies 

807 Baker Street is in Old Town Kern in Bakersfield, CA. Fully refurbished with new roof and new interior. Ready for restaurant, coffee shop, or retail space. Fully secured with new store front and in move-in ready condition. Approximately 2,000 SF Two (2) ADA restrooms New Roof New Store Front

3810 Ethyl Street is an 1,270 square foot building which includes a 400 square foot garage for storage. Site is located in the heart of the “Oilpatch” submarket in Rosedale. Property includes a fully fenced and paved yard. The office is converted and includes two (2) private offices and common bullpen. 1,270 sf Total office space 400 sf storage Fully paved and fenced lot 2.0 acres with paved yard and fencing Zoned M-3

Langley Road is approximately 15.05 Acres of unimproved land with a partially paved road (Langley Road) on the north side of the parcel. Zoned M-1 Prime Northwest Bakersfield Location Easy access to the Westside Parkway Property is close to restaurants and a variety of office, industrial and retail users All utilities to site

Class A Multi-tenant facility in the heart of the Central Bakersfield District.

Colliers International is pleased to present the opportunity to acquire the 100% occupied multi-tenant investment offering located at 5800 District Boulevard, Bakersfield, CA.​ 5800 District is a 24,990 square feet single story office/medical building situation on 2.16 acres.​ 67% of the building is subject to a triple net lease.​  The asset features 3 suites occupied by excellent credit tenants who have occupied the building since 2009.​ Each tenant has “skin in the game” and invested significant capital in the design and buildout of each site.​ Suite 100 (6,595 SF) is occupied by the State of California Occupational Licensing (OL) branch of the California Department of Motor Vehicles.​ The OL division is responsible for licensing and monitoring a wide range of motor vehicle related businesses and individuals.​ California’s automotive industry is one of the largest in the United States with more than 31 million vehicles with more than 24 million licensed drivers on the road in California.​ The sale and use of automobiles in California has resulted in widely diversified industries that address the various needs of California drivers, including vehicle manufacturing and sales, driver training, vehicle registration, and more.​ To protect consumers, the California DMV OL branch is responsible for regulating these industries.​ Suite 200 (16,800 SF), is occupied by Option Care Health ( OPCH:NASDAQ) and represents 67% of the building subject to a triple net lease.​ The suite was originally leased to Walgreen Co.​, and was later assigned to OPCH.​ Walgreen remains financially responsible and shall not be released from any financial liability and/or obligations.​  OPCH renewed its lease for new 5-year term beginning April 1, 2021.​ Option Care Health is the nation’s largest independent provider of home and alternate site infusion services.​ With over 5,000 teammates, including approximately 2,900 clinicians, OPCH works compassionately to elevate standards of care for patients with acute and chronic conditions in all 50 states.​ Through its clinical leadership, expertise and national scale, Option Care Health is reimagining the infusion care experience for patients, customers, and teammates.​   Suite 300 (1,595 SF) is occupied by the State of California Department of Consumer Affairs - Contractors State Licensing Board (CSLB).​ The CSLB was established in 1929 and directs policies, licenses, investigates fraud, and regulates contractors.​ There are more than 300,000 licensed contractors in the state of California.​ CSLB also registers home improvement salespersons.​   100% Occupancy with long term occupancy history Financially Strong Tenants ​7.39% CAP Rate Proforma Year 1 Yield - 10.8% (Base on Loan Quote: 65% LTV @ 3.75%, 30-year amortization Excellent Returns Annual Income Increases ​Long Term Occupancy ​Excellent Submarket Occupancy Below Replacement Cost Specialty Interior Improvements

10010 Rosedale Highway is located in Northwest Bakersfield, behind the bulk yard and tractor supply, near Calloway Drive. Easy access to Highway 99 north and south route and Highway 178 east and west route. Project is an approximate 16,800 sf multi-tenant office/ warehouse building Two (2) 12’ x 14’ roll-up doors Property is fully fenced with an electronic gate & keypad Great northwest location off of Rosedale Hwy, behind The Bulk Yard

7021 Schirra Court is located in the Stockdale Industrial Park near strong nationally known neighbors including: Dryer’s, General Mills, Home Depot, Men’s Warehouse, George Fischer Harvel, LLC., and U.S. Cold Storage. Convenient access to Highway 99, Highway 58 and Interstate 5. Suites B & C can be combined for a total of 58,513 sf Located in the Stockdale Industrial Park Zoned M-2, City of Bakersfield Clear Height: 26’ - 28’ Doors: 8’ x 10’ dock high loading doors and 11’ x 9’ roll-up doors with fork lift ramp Rail: San Joaquin Valley Railroad Sprinkler: .58 GMP/2,000 sf

Infill site in Northwest Bakersfield in a densly populated trade area.

86,010 SF neighborhood shopping center. Situated in the heart of Bakersfield’s most prestigious master-planned residential and commercial community. Primary trade area surrounding the shopping center features a median household income exceeding $150,000 per year and single family residences approaching $4,000,000.

Well positioned parcel in great national co-tenancy.

Build-to-suit opportunities of 5,000 - 20,000 SF available for general and medical office, or retail.

Neighboring tenant is Mechanics Bank which includes a drive-thru. Monument signage available. On-site parking.

Abundance of covered and reserved parking along with subterranean parking.

Located in the Southwest submarket in close proximity to Highway 99. Newly remodeled with a mix of open and private office. In close proximity to numerous restaurants and retail shops. Office condominium located within the Easton Business Complex. Suite 138 consists of 2,464 square feet. the space has recently been remodeled and includes a mix of private offices and open office area. Interior restrooms.

Configuration Multi-tenant. South portion of the building was occupied as a pediatric dental practice, then a dental lab. Multiple uses can be accommodated. Parking: Angled parking at the front of the building (east elevation) and parking in the rear (west elevation). Alley access for deliveries, trash, employee parking. Close proximity to highways that circulate throughout the City and County. Within 2 miles of entrance to Highway 178, Highway 58, Highway 99 and Golden State Highway (204).

Across street from Memorial Hospital. Located in close proximity to Highway 178 & Golden State. Easterly portion of 97,000 SF building.

1200 21st Street is an approximately. 6,434 SF free standing, two-story multi-tenant professional office building, located on the NWC of 21st St. and ‘M’ St. in Downtown Bakersfield which is conveniently located and surrounded by office, medical, retail, and food users. The property is being offered with a lease back from the Seller, whom currently occupies the entire 2nd floor, creating a unique and ideal opportunity for a Buyer. Convenient Downtown location Conventional office layout Monument signage available Limited product of this type on the market Seller lease back of entire 2nd floor Ideal owner/user opportunity for SBA financing

Monument signage. EMS System for controlled and efficient HVAC utilization. Coffee house/sandwich shop on the first floor. Professionally managed and maintained.

Convenient Downtown location on 17th Street between N and O Streets. Located in close proximity to the courthouse, Rabobank Arena and other government facilities. Some on-site parking in addition to street parking.

Recently remodeled interior and exterior with fresh, modern design. Large, well-lit monument sign on Truxtun Avenue. Private garage/storage in the rear with alley access.

Located just west of The Marketplace and just south ofCalifornia State University, Bakersfield.

Stand-alone office building located southwest of downtown Bakersfield. On-site parking. Fully improved and occupancy ready with a mix of private office and open office area.

Monument signage available. Ample parking available. Existing furniture can be utilized subject to negotiation.