CrossRoads Business Park - 5701 Young Street

Off-Market

5701 Young Street, Bakersfield, CA 93313

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 40,000 SF
  • Lot Size 3.32 Acre
  • Parking Spaces Avail. 168
  • Parking Ratio 4.20 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 2016

Contacts

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Owner

  • True Owner
  • Registered Owner

Tenants

Suite Name Tenant Leased
Space		 Rent Price Lease
Type		 Space
Type		 Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross		 General
Office		 11/01/2014-
N/A
370 17th Street
#6000		 Morrison & Foerster,
(303) 592-1500		 10,710 SF $26/SF/YR Full
Service		 General
Office		 08/01/2013-
07/31/2023
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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.

  • 2022 Avg. Asking Rent $24.84
  • 2022 Office Vacancy Rate 8.25%
  • 2022 Office Completions (SF)

Bakersfield Office Sales Trends

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

  • 2022 Avg. Price per SF $87.89
  • 2022 Office Sales Volume $56.8M
  • 2022 Number of Transactions 3
View more Bakersfield market trends

Location

Getting Around

  • Walk Score ®

    46/100 Car-Dependent

  • Transit Score ®

    19/100 Minimal Transit

  • Bike Score ®

    35/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Bakersfield, CA
  • Neighborhood Campus Park
  • Zip Code 93313
  • Market Central Valley

Points of Interest

  • Bakersfield

    7.02 miles

  • Shell

    1.16 miles

  • Chevron

    3.38 miles

  • AMPM

    3.57 miles

  • Arco

    3.73 miles

  • Shell

    4.06 miles

  • Chevron

    4.06 miles

  • Valero

    4.23 miles

  • Mobile

    4.76 miles

  • Shell

    4.77 miles

  • Chevron

    4.82 miles

  • Lot I

    2.98 miles

  • Lot H

    3.04 miles

  • Lot G

    3.18 miles

  • Lot F

    3.26 miles

  • STOCKDALE Road Park abd Ride

    4.81 miles

  • The Home Depot

    5.65 miles

  • Xerox Employee Parking

    7.92 miles

  • Burger King Parking Lot

    8.12 miles

  • Los Hermanos Parking Lot

    8.14 miles

  • Equestrian Parking Area

    8.63 miles

  • Super 8 by Wyndham Bakersfield South CA

    3.65 miles

  • Howard Johnson Express Inn - Bakersfield

    3.79 miles

  • Bakersfield Inn & Suites

    3.96 miles

  • Holiday Inn Express

    4.00 miles

  • Best Budget Motel

    4.04 miles

  • Country Inn & Suites

    4.06 miles

  • Econo Lodge near Bakersfield Fairgrounds

    4.46 miles

  • Ramada Limited Bakersfield Central

    4.51 miles

  • Knights Inn Bakersfield

    4.54 miles

  • Four Points by Sheraton Bakersfield

    4.54 miles

  • Jack in the Box

    0.72 miles

  • Wendy's

    0.75 miles

  • Burger King

    1.16 miles

  • Taco Bell

    1.19 miles

  • KFC

    1.80 miles

  • Wienerschnitzel

    1.88 miles

  • Camino Real Kitchen & Tequila

    2.48 miles

  • Applebee's

    2.57 miles

  • Carl's Jr.

    2.58 miles

  • Tahoe Joe's

    2.60 miles

  • Sing Lum Elementary School

    0.76 miles

  • Tevis Junior High School

    1.07 miles

  • Earl Warren Junior High School

    1.39 miles

  • Independence High School

    1.50 miles

  • Buena Vista Elementary School

    1.78 miles

  • McAliffe Elementary School

    1.92 miles

  • Laurelglen Elementary School

    2.04 miles

  • Stockdale High School

    2.18 miles

  • Charles H Castle Elementary School

    2.53 miles

  • Castle Elementary School

    2.62 miles

  • Greenfield Country Preschool

    5.61 miles

Frequently Asked Questions

What is the total square footage of CrossRoads Business Park - 5701 Young Street?

CrossRoads Business Park - 5701 Young Street totals 40,000 square feet.

When was this property built?

CrossRoads Business Park - 5701 Young Street was built in 2016.

What is the property tax for CrossRoads Business Park - 5701 Young Street?

The property tax for CrossRoads Business Park - 5701 Young Street in 2023-2024 was $7,614.

What is the market value for CrossRoads Business Park - 5701 Young Street?

The market value* for CrossRoads Business Park - 5701 Young Street in 2023-2024 was $659,463.
*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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