Listing provided courtesy of Paula Turner of Desert Pacific Properties. Last updated 2025-04-04 08:27:52.000000. Listing information © 2024 Sandicor.
Asking Price: $30,000,000 |
84845 Ave 48, Coachella CA 92236
Community: 315 - Coachella
This property was built in 0 and is priced at $30,000,000. Please see the additional details below.
■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%