Contact Property

1001 Tower Way

Off-Market

1001 Tower Way, Bakersfield, CA 93309

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Office - General Office
  • Property Size 32,000 Sqft
  • Lot Size 3.05 Acre
  • Parking Spaces Avail. 121
  • Parking Ratio 3.80/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1983

Location

  • City Bakersfield, CA
  • Neighborhood Park Stockdale
  • Zip Code 93309
  • Market Central Valley

Contacts

Find property contacts with verified and updated contact information on CommercialEdge: owners, building management, representatives from permits and tenants.

Owner

  • True Owner
  • Registered Owner

Brokers

Do you represent this property? Claim it!

List your spaces with ease and generate only verified leads with CommercialEdge Marketing.

Add listing for free

Documents

Access researched data with nationwide coverage on CommercialEdge: sales, mortgages, financials, title documents and more.

Sales

  • Purchase Date 02 Apr, 2013
  • Purchase Price $3,450,000
  • Arm's Length
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date

Market Trends

Average Actual Rents in Bakersfield

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
Unlock on CommercialEdge
Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
Unlock on CommercialEdge

Asking Rents in Bakersfield Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $25.43
  • 2020 Office Vacancy Rate 7.23 %
  • 2020 Office Completions (Sqft)

Bakersfield Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2020 Avg. Price per Sqft $152.88
  • Y-o-Y Avg. PpSF Change 0.95 %
  • 2020 Office Sales Volume $41.5M
  • 2020 Number of Transactions 4
View more Bakersfield market trends

Tax

  • Property Tax in 2021-2022 $47,632
  • Market Value $3,924,884
  • Assessed Value $3,924,884

Find more tax info, including assessment history and abatements, on CommercialEdge

Frequently Asked Questions

What is the total square footage of 1001 Tower Way?

1001 Tower Way totals 32,000 square feet.

When was this property built?

1001 Tower Way was built in 1983.

When was 1001 Tower Way last sold?

1001 Tower Way was last sold on 02 Apr, 2013.

What was the last purchase price for 1001 Tower Way?

1001 Tower Way was last sold for $3,450,000.

What is the property tax for 1001 Tower Way?

The property tax for 1001 Tower Way in 2021-2022 was $47,632.

What is the market value for 1001 Tower Way?

The market value for 1001 Tower Way in 2021-2022 was $3,924,884.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.