Two Story Medical Office Building
Office | 24,504 SF
Marketing description
2525 Eye Street is a free standing, two story, +/-24,504 SF medical office building that includes a three-level parking garage that provides covered parking. The property is located on the NWC of 25th Street and Eye Street within the downtown submarket which is adjacent to Adventist Health Hospital and within close proximity to other major hospitals as well as city and county offices, retail, professional and medical users. There is currently one tenant in the building that occupies suite 100 (approx. 25% of the total building) whose lease expires August 31, 2023. New owner can extend lease or have suite vacated for their own occupancy.
Investment highlights
Limited like kind product available on the market
Ideal for owner/user to occupy entire building or a portion of the building and lease the balance for rental income
SBA financing available
Unique three-level parking garage that provides ample onsite parking plus street parking
Elevator access - Two (2) building elevators including one (1) servicing the parking garage elevator
Conveniently located in Downtown Bakersfield
Adjacent to Adventist Health Hospital
Priced well below replacement cost
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