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Truxtun Place

Off-Market

5701 Truxtun Avenue, 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 42,218 Sqft
  • Lot Size 2.73 Acre
  • Parking Spaces Avail. 92
  • Parking Ratio 2.20/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1991

Location

  • City Bakersfield, CA
  • Neighborhood Quailwood
  • Zip Code 93309
  • 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

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
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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 (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 $77,258
  • Market Value $6,366,000
  • Assessed Value $6,366,000

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

Frequently Asked Questions

What is the total square footage of Truxtun Place?

Truxtun Place totals 42,218 square feet.

When was this property built?

Truxtun Place was built in 1991.

What is the property tax for Truxtun Place?

The property tax for Truxtun Place in 2021-2022 was $77,258.

What is the market value for Truxtun Place?

The market value for Truxtun Place in 2021-2022 was $6,366,000.

Looking for more in-depth information on this property?

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