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901 34th St
Bakersfield, CA 93301 Downtown Bakersfield

$525,000 USD

Medical For Sale • 2,370 SF

Property Details

Property Type Medical
Total Building Size 2,370 SF
Lot Size 0.23 AC
Building Class B
Year Built 1988
Cap Rate 7.10 %
Tenancy Single
Zoning M-1

30 Transit Score

60 Walk Score

                
                    Highlights
                
                                Modernized medical office building fully leased to a regional operator with more than 10 locations
                            
                                7.10% Cap Rate | Long-Term Lease Through May 2031 
                            
                                Fully Renovated Interior & Exterior in 2023 with Significant Capital Improvements 
                            
                                2.5% Annual Rent Increases with Five-Year Renewal Option 
                            
                                Located less than 0.25 miles west of Dignity Memorial Hospital, the largest regional medical center in the southern San Joaquin Valley 
                            
                                Proximity to Highway 99 and Highway 178 provides seamless routes to all areas of Kern County

Property Flyers

MES - 901 34th Street

Cap Rate:

7.10 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Lotus Massage & Spa	2,370 SF	5/31/2031

Amenities

Fenced Lot
Signage
Reception

Public Transportation

Commuter Rail	Drive	Walk	Distance
	5 min	-	1.7 mi
Airport	Drive	Walk	Distance
Meadows Field	15 min	-	6.1 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	15
Type:	Surface
Included in Rent:	Yes

Dylan Lym 661-885-6949 ASU Commercial

901 34th St Bakersfield, CA 93301 Downtown Bakersfield