84845 Ave 48
Coachella, CA 92236
$10,000,000.00 (-25%)
Active for $30,000,000
Beds: N/A Baths: Structure Size: N/A sqft Lot Size: 261,360 sqft
| MLS | 219123717DA |
| Year Built | |
| Property Type | |
| County | Riverside |
| Status | Active |
| Active | $30,000,000 |
| Structure Size | N/A sqft |
| Lot Size | 261,360 sqft |
| Beds | N/A |
| Baths |
Description
■High-Performing NNN Multi-Tenant Leased Investment Opportunity with 2%-3% 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■ 2026 Projected CAP Rate - 9.72%
Listing information courtesy of: Paula Turner, Desert Pacific Properties (760) 360-8200. *Based on information from the Association of REALTORS/Multiple Listing as of 03/12/2025 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Location
Contact a Local Realtor®
Clemente De La Torre & Associates
REALTOR®
Direct: 818.481.2483
Email: Email Me
DRE: 02032823
DRE #01873088
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