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3531-3533 Brian Way

7,139 SF 100% Leased Industrial Building Bakersfield, CA 93308 £778,538 (£109/SF) 9.02% Net Initial Yield

Investment Highlights

  • 100% Occupied
  • Net Lease w/ 3 Year Option
  • CASH FLOW

Executive Summary

100% Tenant Occupied, Good CASH FLOW!!! Industrial property located in the "Oil Patch", Northwest sub-market, Consists of 2 parcels. 4 Buildings Total, approximately 7,139 square feet plus 672 of mezzanine. Zoned M-3 Heavy Industrial. Ample Parking, Flex Space + 1 Residential Home. Centrally located with easy access to the Hwy's 99 and 58. Recent upgrades include newer HVAC units, upgraded electrical, newer flooring, and more. Gated Property with camera surveillance. Flex space includes large roll up doors, individual bathrooms, finished office space, and warehouse with AC and finished flooring.

Property Facts

Price £778,538
Price Per SF £109
Sale Type Investment NNN
Net Initial Yield 9.02%
Sale Conditions 1031 Exchange
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Distribution
  • Industrial Manufacturing
  • Industrial Service
Building Class C
Lot Size 0.44 AC
Rentable Building Area 7,139 SF
Number of Floors 1
Year Built 1984
Parking Ratio 2.1/1,000 SF
Clear Ceiling Height 24 ft

Amenities

  • Fenced Lot
  • Mezzanine
  • Air Conditioning

Utilities

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating

zoning

Zoning Code M3 (M-3, Heavy Industrial Zone.)
M3 (M-3, Heavy Industrial Zone.)
  • Listing ID: 33645794

  • Date on Market: 25/10/2024

  • Last Updated:

  • Address: 3531-3533 Brian Way, Bakersfield, CA 93308

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