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Office Space for Rent in Bakersfield, CA - 117 Listings

Bakersfield, CA - Office Market Overview

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The Bakersfield real estate market includes the Campus Park, CSU Bakersfield, and Kern City commercial real estate submarkets. With a population of over 885,000 residents, the economy of Bakersfield is largely driven by the agriculture and energy industries. Combined with healthcare and government use, the office market in Bakersfield remains robust year in and year out.

As of mid-2017, the Greater Bakersfield office market encompasses just over 3.8 million square feet of existing office space in properties larger than 50,000 square feet. As the ninth-most populous city in California, the commercial real estate market in Bakersfield sees demand from the large variety of business and industries that are attracted to the city's midpoint location between Fresno and Los Angeles.

Bakersfield, CA - Office Inventory Description

As a hub for the agricultural and oil business sectors in Kern County, Bakersfield generates a gross metropolitan product of over $42 billion each year. Demand for office space in Bakersfield is strong, with a good mixture of Class A, B and C office space to accommodate the needs of all business budgets. Class A and A+ office space in Bakersfield includes almost 1.4 million square feet of space, with Class B office product accounting for nearly 2.2 million square feet of the office inventory in Bakersfield.

The Bakersfield Downtown office market sees some of the most consistent demand for office space in the city. Located east of Chester Avenue between 21st Street and Truxtun Avenue, this area is home to investment-grade office property such as the Haberfelde Building, the 1415 18th Street office building, and The Truxton Tower.

Bakersfield, CA Commercial Inventory Breakdown

Office Spaces

Total: 5,131,712 SF

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

By square footage range:

  • 50k to 100k SF: 2,854,705 SF / 55.63% of total office
  • 100k to 500k SF: 1,721,007 SF / 33.54% of total office
  • 500k to 1M SF: 556,000 SF / 10.83% of total office

By class:

  • Class A: 1,439,274 SF / 28.05% of total office
  • Class B: 2,991,525 SF / 58.29% of total office
  • Class C: 239,577 SF / 4.67% of total office

Top 10 Largest Office Buildings

in Bakersfield

Office building Address Sqft Year built
900 Old River Road 900 Old River Road, 93311 556,000 1995
University Office Center - Phases II & III 9400 Camino Media, 93311 225,000 n/a
10000 Ming Avenue 10000 Ming Avenue, 93311 213,143 1985
California Corporate Center - 4540 & 4550 California Avenue 4550 California Avenue, 93309 198,975 1987
Stockdale Tower 5060 California Avenue, 93309 193,524 1983
Cal Twin Towers 4900 California Avenue, 93309 151,124 1984
9525 Camino Media & 1400 Forum Way 9525 Camino Media, 93311 144,674 2002
GEM Discovery Plaza 1200 Discovery Drive, 93309 126,131 1986
The Truxtun Tower 1440 Truxtun Avenue, 93301 122,502 1974
Bakersfield Commons 1850 Coffee Road, 93312 120,000 n/a

Most Recently-Built Office Buildings

in Bakersfield

Office building Address Sqft Year built
Valley Children's Healthcare - Eagle Oaks Specialty Care Center 12500 Stockdale Hwy, 93314 52,000 2018
6515 Woodmere Drive 6515 Woodmere Drive, 93313 28,587 2017
Crown Pointe Business Center - Building 1700 8307 Brimhall Road, 93312 27,000 2016
Rio Bravo Medical Campus - Phase I 4500 Morning Drive, 93306 65,000 2015
11117 River Run Blvd 11117 River Run Blvd, 93311 55,586 2015
Seven Oaks Business Park - 11601 Bolthouse Drive 11601 Bolthouse Drive, 93311 27,200 2015
Seven Oaks Business Park - 11500 Bolthouse Drive 11500 Bolthouse Drive, 93311 60,000 2014
2620 & 2700 Chester Avenue 2620 Chester Avenue, 93301 118,934 2013
11200 River Run Blvd 11200 River Run Blvd, 93311 29,400 2013
100 Old River Road 100 Old River Road, 93311 25,725 2013

Bakersfield, CA - Green Office Space

Employment

According to the most recent National Green Building Adoption Index conducted in 2017, California is home to six of the top 30 largest green office markets in the U.S. The report surveyed the growth of green office space adoption. Back in 2005, the percentage of green, LEED, or Energy Star-certified space across these top markets averaged less than 5%. Fast forward 12 years, and today that percentage comes in at 38%, a nearly seven-fold increase in just a dozen years.

Bakersfield is home to some very impressive green office buildings. One such example is the LEED Gold certified PCL office building on 1500 S. Union Avenue. The property's LEED scorecard includes top rankings for water efficiency, indoor environmental quality, and innovation.

Bakersfield, CA's Top Office-Using Sectors

Bakersfield, CA's Top Office-Using Sectors

The Bakersfield commercial real estate and office markets are driven by users looking for a variety of office space, including the top-office using sectors in Bakersfield of the agricultural, healthcare, and energy industries, along with the large corporate and government users of office space.

  • Agriculture – Grimmway Farms, Bolthouse Farms, and Paramount Farms are three of the largest employers in the city and help to drive the demand for commercial real estate in Bakersfield.
  • Healthcare – Demand for white collar office space in Bakersfield comes from institutions such as Kaiser Permanente, San Joaquin Community Hospital, and the Kern Medical Center.
  • Energy – Aera Energy and Chevron are two of the larger companies in this top business sector of Bakersfield, CA.
  • Government & Corporate Offices – White collar office employment in Bakersfield CA is created from large organizations in Bakersfield such as California State University - Bakersfield, State Farm Insurance, and the County of Kern.

Bakersfield Demographics

Population

  • Total Population372,680
  • Male Population(49.0 %) 182,701
  • Female Population(51.0 %) 189,979
  • Median Age30.50

Income/Financial

  • Average Household Income$78,129
  • Median Household Income$60,058
  • Median Income Under 25$34,702
  • Median Income 25-44$62,961
  • Median Income 45-64$69,006
  • Median Income Over 65$44,284