OFFICE BUILDING FOR SALE - LoopNet...OFFICE BUILDING FOR SALE Kari Sturgeon Sales Associate 661 633...

2008 21st StreetBAKERSFIELD, CALIFORNIA

OFFICE BUILDING

FOR SALE

Kari Sturgeon Sales Associate

661 633 3820

[email protected]

Lic. 01463739

Karen ThompsonSales Associate

661 633 3836

[email protected]

Lic. 02011704

mailto:[email protected]


2Cushman & Wakefield | Pacific Commercial Realty Advisors

Executive Summary 1981YEAR BUILT

4,196 SFRENTABLE BUILDING AREA

6 spaces+STREET PARKING

Call for Pricing

.19 acresAPN 003-212-09 (6,098sf)

APN 003-212-06 (1,306sf)

APN 003-212-07 (871sf)

Hi g h l i g h t s• 4 , 1 9 6 s f f e a t u r i n g 9 p r i v a t e o f f i c e s , l a r g e c o n f e r e n c e r o o m ,

b r e a k r o o m , o p e n c u b e s p a c e a r e a s , r e c e p t i o n a r e a ,

s e r v e r / s t o r a g e r o o m

• G o o d s t r e e t v i s i b i l i t y a n d f r o n t a g e o n 2 1 s t S t r e e t

• P r o x i m i t y t o D o w n t o w n a n d a p p r o x i m a t e l y 2 7 , 0 0 0 d a y t i m e j o b s

• O w n e r U s e r O p p o r t u n i t y

2008 21st Street

Bakersfield, CA 93301


The Property 2008 21st Street


DOWNTOWN

OFFICE DISTRICT

27,800 Employees

Numerous Services in

Area

Area Aerial




5,000 CPD

19,577 CPD

10,817 CPD

22,017 CPD

10,5

80 C

PD

Downtown Office

District

27,9

76 C

PD

Aerial




Parcels




Interior

Nine (9) private officesLarge conference room Open cube space areas

Reception area Server/storage room

Break room




Floor Plan


Market Overview

BAKERSFIELD OVERVIEWBakersfield is the retail trade center for Kern County’s 925,036 residents. Bakersfield is California’s

9th most populous city with over 393,000 people. It ranks 6th in population and density growth, is

1st in population and wealth growth in the state. The median age is 30.7, offering the right balance

of young and older professionals.

BAKERSFIELD’S ECONOMYThe Bakersfield retail market is comprised of just over 12.9 million square feet (msf) of space

(excluding the 1.15-msf Valley Plaza Regional Mall) The 2017 year-end estimated vacancy rate

recorded 7.9%.

The job market is expecting an average growth rate of 1.1%, or approximately 206,939 new jobs

over the next four years.

Bakersfield reported over $8 Billion in retail sales in 2014 (More than any other city in LA County

and Orange County besides Los Angeles.) The Bakersfield median household income is 5.5%

higher than the nations.

KERN COUNTY’S ECONOMYLocated at the southern end of California’s Central Valley, Kern County consistently ranks among

the top five most-productive agricultural counties in the U.S. and is one of the nation’s leading

petroleum-producing counties. Kern County is geographically the center of California’s population,

making it accessible to 38 million consumers. Because of its unique geographical positioning, Kern

County has also become the distribution center for some of the world’s largest companies.

Additionally, with more than 8,000 square miles, Kern offers everything from big city amenities to

small town friendliness, along with outstanding recreational opportunities and easy access to

ocean, alpine, and desert.

DEMOGRAPHICSBakersfield Kern County

2023 Projection 393,912 925,036

2018 Population 383,612 897,008

2010 Census 348,116 839,631

Growth 2018-2023 .5% .6%

Growth 2010-2018 2.8% 30.9%

Bakersfield Kern County

2023 Projection 131,349 294,519

2018 Total Households 125,705 280,115

2010 Census 111,740 254,610

Growth 2018-2023 .9% 1.0%

Growth 2010-2018 2.6% 1.9%

Bakersfield Kern County

2018 Average Household Income $83,975 $76,461

2018 Median Household Income $63,172 $54,900

2018 Est. Per Capita Income $27,591 $24,421

Some Recent Headlines about Bakersfield and Kern County:

• Kern County Cost of Living Still Lower than U.S. Average

• Bakersfield No. 2 Best City of the Future

• Bakersfield No. 9 Best U.S. Housing Market to Watch

• Bakersfield Home Prices Increase

• Bakersfield Fourth Nationally for Architecture, Engineering Jobs

• Bakersfield Among Top Destinations where Millennials Moving

2008 21st Street


5060 California Avenue, Suite 1000


661 327 2263

paccra.com

Rear of Building and Parking

Kari Sturgeon Sales Associate

661 633 3820

[email protected]

Lic. 01463739

Karen ThompsonSales Associate

661 633 3836

[email protected]

Lic. 02011704



OFFICE BUILDING FOR SALE - LoopNet...OFFICE BUILDING FOR SALE Kari Sturgeon Sales Associate 661 633...

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