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$ 30,000,000
Est. payment | /mo
6 Acres Lot
$ 30,000,000
Est. payment | /mo
6 Acres Lot
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 Offers Due By Oct. 6th, 2025■ 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
“My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! ”