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Commercial Real Estate in Bakersfield, CA - 137 Properties Available

  • University Place - Bakersfield
    8500 Stockdale Hwy, Csu Bakersfield, Bakersfield, CA 93311
    For Lease $25.8/Sqft/Year
    Property
    • Office
    Availability
    • 1 Space
    • 3,860 Sqft
  • The Tower at 901 - Bakersfield
    901 Tower Way, Park Stockdale, Bakersfield, CA 93309
    For Lease $19.8/Sqft/Year
    Property
    • Office
    Availability
    • 5 Spaces
    • 10,666 Sqft
  • City Centre Plaza - Bakersfield
    900 Truxtun Avenue, Downtown Bakersfield, Bakersfield, CA 93301
    For Lease $19.8/Sqft/Year
    Property
    • Office
    Availability
    • 2 Spaces
    • 4,446 Sqft
  • Two University Centre - Bakersfield
    9201 Camino Media, Csu Bakersfield, Bakersfield, CA 93311
    For Lease $27/Sqft/Year
    Property
    • Office
    Availability
    • 1 Space
    • 4,189 Sqft
  • MetroCentre - Bakersfield
    1701 Westwind Drive, Riviera - Westchester, Bakersfield, CA 93301
    For Lease $18/Sqft/Year
    Property
    • Office
    Availability
    • 4 Spaces
    • 2,607 Sqft
  • River Walk II Medical Plaza - Bakersfield
    9500 Stockdale Hwy, Csu Bakersfield, Bakersfield, CA 93311
    For Lease $23.4/Sqft/Year
    Property
    • Office
    Availability
    • 1 Space
    • 5,500 Sqft
  • 5080 California Avenue - Bakersfield
    5080 California Avenue, Park Stockdale, Bakersfield, CA 93309
    For Lease $19.8 - $21/Sqft/Year
    Property
    • Office
    Availability
    • 4 Spaces
    • 9,692 Sqft
  • Meridian Professional Center - Bakersfield
    4801 Calloway Drive, Westlakes, Bakersfield, CA 93312
    For Lease $22.2/Sqft/Year
    Property
    • Office
    Availability
    • 1 Space
    • 1,792 Sqft
  • Westchester Corporate Plaza - Bakersfield
    1800 30th Street, Riviera - Westchester, Bakersfield, CA 93301
    For Lease $18.6/Sqft/Year
    Property
    • Office
    Availability
    • 8 Spaces
    • 15,067 Sqft
  • One University Centre - Bakersfield
    9100 Ming Avenue, Csu Bakersfield, Bakersfield, CA 93311
    For Lease $27/Sqft/Year
    Property
    • Office
    Availability
    • 3 Spaces
    • 14,698 Sqft
  • 4700 Stockdale Hwy - Bakersfield
    4700 Stockdale Hwy, Park Stockdale, Bakersfield, CA 93309
    For Lease $18.6/Sqft/Year
    Property
    • Office
    Availability
    • 2 Spaces
    • 7,408 Sqft
  • GEM Discovery Plaza - Bakersfield
    1200 Discovery Drive, Park Stockdale, Bakersfield, CA 93309
    For Lease $22.2/Sqft/Year
    Property
    • Office
    Availability
    • 1 Space
    • 2,453 Sqft
  • One River Walk - Bakersfield
    10000 Stockdale Hwy, Csu Bakersfield, Bakersfield, CA 93311
    For Lease $24.6/Sqft/Year
    Property
    • Office
    Availability
    • 6 Spaces
    • 32,903 Sqft
  • 1300 18th Street - Bakersfield
    1300 18th Street, Downtown Bakersfield, Bakersfield, CA 93301
    For Lease $29.4/Sqft/Year
    Property
    • Office
    Availability
    • 2 Spaces
    • 2,882 Sqft
  • 5329 Office Center Court - Bakersfield
    5329 Office Center Court, Park Stockdale, Bakersfield, CA 93309
    For Lease $19.8/Sqft/Year
    Property
    • Office
    Availability
    • 5 Spaces
    • 10,694 Sqft
  • 5121 Stockdale Hwy - Bakersfield
    5121 Stockdale Hwy, Kern City, Bakersfield, CA 93309
    For Lease $15.6/Sqft/Year
    Property
    • Office
    Availability
    • 1 Space
    • 2,986 Sqft
  • 11109 River Run Blvd - Bakersfield
    11109 River Run Blvd, Seven Oaks, Bakersfield, CA 93311
    For Lease $23.4/Sqft/Year
    Property
    • Office
    Availability
    • 1 Space
    • 12,876 Sqft
  • 5001 California Avenue - Bakersfield
    5001 California Avenue, Park Stockdale, Bakersfield, CA 93309
    For Lease $21/Sqft/Year
    Property
    • Office
    Availability
    • 2 Spaces
    • 5,183 Sqft
  • 200 New Stine Road - Bakersfield
    200 New Stine Road, Kern City, Bakersfield, CA 93309
    For Lease $16.8/Sqft/Year
    Property
    • Office
    Availability
    • 4 Spaces
    • 6,133 Sqft
  • Atrium Building - Bakersfield
    5001 East Commercenter Drive, Park Stockdale, Bakersfield, CA 93309
    For Lease $21/Sqft/Year
    Property
    • Office
    Availability
    • 6 Spaces
    • 22,350 Sqft
  • Mercy North & South Medical Office Buildings - Bakersfield
    300 Old River Road, Csu Bakersfield, Bakersfield, CA 93311
    For Lease $22.8/Sqft/Year
    Property
    • Office
    Availability
    • 1 Space
    • 2,386 Sqft
  • San Dimas Square - Bakersfield
    3535 San Dimas Street, Homaker Park, Bakersfield, CA 93301
    For Lease $10.5/Sqft/Year
    Property
    • Office
    Availability
    • 1 Space
    • 800 Sqft
  • Stockdale Tower - Bakersfield
    5060 California Avenue, Park Stockdale, Bakersfield, CA 93309
    For Lease $19.8 - $22.2/Sqft/Year
    Property
    • Office
    Availability
    • 5 Spaces
    • 19,371 Sqft
  • Mercy Medical Plaza - Bakersfield
    2323 16th Street, Riviera - Westchester, Bakersfield, CA 93301
    For Lease $16.2/Sqft/Year
    Property
    • Office
    Availability
    • 11 Spaces
    • 18,110 Sqft
  • California Triangle - Bakersfield
    5201 California Avenue, Park Stockdale, Bakersfield, CA 93309
    For Lease $19.8/Sqft/Year
    Property
    • Office
    Availability
    • 2 Spaces
    • 5,029 Sqft

Bakersfield, CA Economic Overview

Location Photo

Bakersfield is the seat of Kern County, near the southern end of the fertile San Joaquin Valley in California's Central Valley Region. The City of Bakersfield itself is home to nearly 383,000 residents, while the Bakersfield-Delano Metropolitan Statistical Area has a population of nearly 895,000 people. Strategically located 100 miles north of Los Angeles and 300 miles southeast of the state capital in Sacramento, the commercial real estate market in Bakersfield is driven in large part by the area's blend of agricultural and oil producing industry.

No longer a stopover for travelers going between Los Angeles and San Francisco, Bakersfield has a healthy economy thanks to its robust oil and agricultural businesses. In fact, Kern County is the oil-producing county with the most yield in the entire U.S. and the second-most productive agricultural county in the nation.

With a median household income of over $61,000 and an unemployment rate of under 10%, the economy of Bakersfield is strong and expanding. Last year alone, the median household income in Bakersfield increased by nearly 5% and the employment base increased by almost 6% for the over 164,000 people employed in the city.

Bakersfield, CA Commercial Real Estate Market

The commercial real estate market in Bakersfield is located in the middle of one of the largest economies in the world, placing the city within four hours of 90% of California's population. In addition to the agriculture and oil industries, Bakersfield has also become a cutting-edge technology hub and home to widely recognized companies such as Nestle, State Farm Insurance, Chevron, Aera Energy, and Occidental Gas and Petroleum.

Bakersfield and the metropolitan statistical area is recognized around the world as the #1 oil producing county in the U.S., accounting for 10% of the nation's oil production; #1 metro area for the fastest growing workforce, #2 producing county for agricultural commodities, #2 metro area for millennial job growth creation, #4 region for STEM job creation, and the #5 metro area for upward mobility.

The key industry clusters in Bakersfield and Kern County are:

  • Aerospace & Defense - with both the China Lake Naval Weapons Air Station and Edwards Air Force Base located in the area, Bakersfield and Kern County are in the middle of California's military and defense industrial base.
  • Energy & Natural Resources - the area is the leading provider for California for both traditional energy and renewable energy, and is also a leading producer of natural gas, hydro-electric power, and geothermal energy.
  • Health Care Services - demand for highly skilled and innovative healthcare facilities and practitioners continues to grow to match the increase in the region's population. Bakersfield is home to a growing number of health care facilities that are investing in the latest technologies and treatment options.
  • Transportation, Logistics & Advanced Manufacturing - the area is home to major distribution centers such as IKEA, Target, American Tire, Frito Lay, and Nestle. Key to the growth of the transportation industry in Bakersfield is its oil and agricultural industries, which are able to leverage the area's transportation, logistics, and manufacturing facilities.
  • Value-Added Agriculture - the agricultural industry in Bakersfield and Kern County generates over 20% of the County's gross domestic product and employs nearly 20% of the workforce.

Across all asset classes of commercial real estate in Bakersfield, lease rates continue to rise and vacancy ratios continue to decrease. In 2016 alone, asking sales prices for multifamily property in Bakersfield increased by 12.5%, office property in the city increased by 0.5%, and prices for industrial property in Bakersfield increased by 10%.

Bakersfield, CA Office Sales Volume

Data provided by Yardi Matrix, for properties larger than 50K SF, which sold at over $5M.

Bakersfield, CA Office Transactions

Data provided by Yardi Matrix, for properties larger than 50K SF, which sold at over $5M.

Bakersfield, CA Commercial Inventory Breakdown

Office Spaces

Total: 5,672,085 SF

Data provided by Yardi Matrix, properties over 50k SF, includes office with retail

By square footage range:

  • 50k to 100k SF: 2,924,913 SF / 51.57% of total office
  • 100k to 500k SF: 2,191,172 SF / 38.63% of total office
  • 500k to 1M SF: 556,000 SF / 9.8% of total office

By class:

  • Class A: 1,667,839 SF / 29.4% of total office
  • Class B: 2,991,525 SF / 52.74% of total office
  • Class C: 309,785 SF / 5.46% of total office

Employment in Bakersfield, CA

Employment

Job growth in Bakersfield has increased by nearly 6% this past year, with a current labor force in the city of over 164,000. Over 34% of the workforce is employed in the areas of administration, construction & extraction, production, transportation, and material moving.

Top private employers in Bakersfield include Adventist Health Bakersfield, Bakersfield Memorial Hospital, C&J Energy Services, Chevron Corporation, Grimmway Farms, Kern Medical, Marko Zaninovich Inc., Mercy Hospital Bakersfield, Nabors Completion Production, and Nasa/Dryden Flight Research.

Education in Bakersfield, CA

Bakersfield City School District and the Kern High School District operate the public schools in the city. The High School District is the largest in California and is comprised of 28 schools educating over 35,000 students each year. Private schools in Bakersfield include Garces Memorial High School, Bakersfield Christian High School, and Bakersfield Adventist Academy.

Colleges and universities in Bakersfield include California State University - Bakersfield, Bakersfield Community College, National University, and branches of the University of LaVerne, Fresno Pacific University, and Point Loma Nazarene University.

Commuting Time in Bakersfield, CA

The average commuting time in Bakersfield is just under 22 minutes, one of the shortest commutes in the state of California. In addition, over 2% of the workforce has a super commute of 90 minutes or more, while nearly 11% of the work week commuters carpool, and over 3% have the ability to work from home.

The integrated transportation and distribution systems in Bakersfield are key to the success of business and industry in the region:

  • Interstate 5 bypasses the city a few miles to the west, while State Routes 99, 58 and 178 provide access to Bakersfield.
  • Bus service in Bakersfield is provided by Golden Empire Transit,
  • Commuter rail service is provided by Amtrak through the Downtown Bakersfield Amtrak Station,
  • Freight rail service in Bakersfield is provided by both Union Pacific and BNSF,
  • Bakersfield's William Thomas Air Terminal provides direct flights to and from Los Angeles, San Francisco, Phoenix, Denver and Houston, while Inyokern Airport in eastern Kern County provides air service to Los Angeles.

Bakersfield Demographics

Population

  • Total Population375,699
  • Male Population(49.2 %) 184,798
  • Female Population(50.8 %) 190,901
  • Median Age30.70

Income/Financial

  • Average Household Income$81,610
  • Median Household Income$62,340
  • Median Income Under 25$33,607
  • Median Income 25-44$64,583
  • Median Income 45-64$72,528
  • Median Income Over 65$45,402

COMMERCIALCafé is your first and only stop when it comes to commercial real estate leasings in Bakersfield, CA. Search through our extensive selection of commercial properties for lease with current space availability in the area ranging between 800 square feet and 32903 square feet. Discover the right property from our 137 listings by using our advanced search function, which includes search by property type, space availability, management company, lease rates, and more.