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11000 River Run Blvd

Off-Market

11000 River Run Blvd, Bakersfield, CA 93311

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  • Property Type Office - General Office
  • Property Size 43,559 SF
  • Lot Size 2.68 Acre
  • Parking Spaces Avail. 174
  • Parking Ratio 4.00/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 2008

Location

  • City Bakersfield, CA
  • Neighborhood Seven Oaks
  • Zip Code 93311
  • Market Central Valley

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Price
  • Arm's Length True
  • Buyer Name

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
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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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 (SF)

Bakersfield Office Sales Trends

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

  • 2020 Avg. Price per SF $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 $151,325
  • Market Value* $12,500,000
  • Assessed Value $12,500,000

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

*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.

Frequently Asked Questions

What is the total square footage of 11000 River Run Blvd?

11000 River Run Blvd totals 43,559 square feet.

When was this property built?

11000 River Run Blvd was built in 2008.

What is the property tax for 11000 River Run Blvd?

The property tax for 11000 River Run Blvd in 2021-2022 was $151,325.

What is the market value for 11000 River Run Blvd?

The market value* for 11000 River Run Blvd in 2021-2022 was $12,500,000.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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