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1227 Chester Avenue
Bakersfield, CA 93301
Asking Price
Contact for price
Asset Type
Executive Office Office
Class
Class B
What's Special
Office | 7.08% CAP | 9,330 SqFt <ul><li>Highly visible freestanding two-story office building fronting Chester Avenue between California Avenue and Truxtun Avenue.</li><li>Ideal for Owner-Users or Investors: Bristol Hospice is a credit tenant with almost 2-years remaining on the lease at below market rents. Over 7% in-place CAP Rate.</li><li>More than 37,00 AADT at the intersection of Chester Avenue and California Avenue.</li><li>Flexible C-C (Commercial Center) zoning allows for many commercial, office and multi-family us
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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547
