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$30,000,000
Est. payment /mo
6 Acres Lot
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
■High-Performing NNN Multi-Tenant Leased InvestmentOpportunity with 2% Annual Escalations■ Over 100,000 Square Feet Of State-Of-The-Art Facilities, That Meet The Needs of The Cannabis Industry■ Nine Free-Standing Industrial Buildings■ Fully Secured Cannabis Campus■ Lease Rates $2.50 to $3.00/SF/Mo NNN■ Tenants Are Experienced Cannabis Operators With Strong Rental History■ Annual NOI - Over $3,500,000 At Full Build-Out■ 2027 Projected CAP Rate - 10.31%
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
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Listed by Paula Turner • Desert Pacific Properties
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Adrian Castillo
Principal/Realtor | CA DRE#01308935
Principal/Realtor CA DRE#01308935