REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 30,000,000
Est. payment | /mo
100,000 SqFt
$ 30,000,000
Est. payment | /mo
100,000 SqFt
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 100,000 sqft
Price per Sqft $300
MLS Listing ID 219123717
HOA Y/N No
Lot Size 6.000 Acres
Acres 6.0
Property Sub-Type Industrial
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%
■ 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
Others
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 Desert Pacific Properties
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "