5151 Stockdale Highway Bakersfield, CA 93309

ASU Commercial is pleased to offer for sale the fee simple interest in 5151 Stockdale Highway in Bakersfield, CA. The property is a two-tenant office building partially occupied by Mechanics Bank, with a vacant portion consisting of approximately 5,980 square feet. The existing vacancy consists of a...pproximately 54% of the building, well suited for an owner-occupant. The property is located within Bakersfield's southwest office submarket, and has a distinct retail presence with fantastic visibility and signage along a thoroughfare with heavy traffic volume. Mechanics Bank has a long-standing history at this location and this branch represents the largest deposits ($124mm) of any of Mechanics' Kern County branches. The mature submarket provides barrier to entry in the immediate area and the price is below replacement cost. Continue reading