See all 9 photos

$30,000,000

Est. payment - /mo

6 Acres Lot

Active

84845 Ave 48 Coachella, CA 92236

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The Brandon Drew Group

financing@tbdgmortgagefirm.com +1(909) 944-8800

UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 219123717DA

HOA Y/N No

Lot Size 6.000 Acres

Property Description

■ MUST SELL Submit All Offers■ High-Performing NNN Multi-Tenant Leased Investment■ Over 100,000 Square Feet Of State-Of-The-Art Facilities, That Meet The Needs of The Cannabis Industry■ Nine Freestanding Industrial Buildings 90% Complete■ Fully Secured Cannabis Campus■ Lease Rates $2.50 to $3.00/SF/Mo NNN■ Tenants Are Experienced Cannabis Operators Under Long-Term Leases■ Annual NOI - Over $3,400,000 At Full Build-Out■ 2027 Projected CAP Rate - 9.32%

Location

State CA

County Riverside

Area 315 - Coachella

Interior

Fireplace No

Others

Tax ID 603232031

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Notice Of Default, Standard

Virtual Tour https://www.loopnet.com/Listing/84829-Avenue-48-Coachella-CA/34594688/

Listed by Paula Turner Desert Pacific Properties

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