3023 Unicorn Road, Bakersfield, CA
Industrial for Sale - $4,625,000 - 119,700 Sq. Ft. on 6.36 acres
Property Info
CIMLS# | 846049 |
Location 3023 Unicorn Road Bakersfield CA 93308 | |
Updated | December 23rd, 2015 |
Type | Industrial |
Price | $4,625,000 |
Building | 119,700 Sq. Ft. |
Land | 6.36 acres |
Property Description
USA MAXI is a 137,250 Sq. Ft. Large Unit Storage facility in Bakersfield, CA. The property was constructed in 2005 and consist of 119,700 enclosed sq. ft. and 17,550 outdoor sq. ft. The Property is visible from Highway 99 and has a traffic count above 60,000 vehicles per day! The smallest unit size is 15x20; However, the manager receives weekly inquiries for smaller spaces that are referred to neighboring facilities. New owner has the lucrative opportunity to convert vacant units into smaller spaces and increase income.
The property is being offered at a very low price per square foot and comes equipped with an on-site office, managers residence, security cameras, QuikStor software, metal roll up doors, RV dump station, compressed air, filtered water, and concrete paved driveways.
Financials
Property is being offered for sale at a 6.55% existing cap rate and 7.55% pro forma.
Price per square foot is very low at only $38!
This is the lowest price per square foot for a Class A Storage Facility in California! Great Buy!