84845 Ave 48

Coachella, CA 92236

PRICE REDUCED

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-$10,000,000 (-25.00%)

$30,000,000

List Price

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Property 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

List Price $30,000,000
Status Active
MLS 219123717DA
HOA $0
Type Commercial
Lot Size 261,360
Structure Size N/A
DOM 8
Courtesy Of Desert Pacific Properties
Listing Agent Paula Turner DRE#00702492
Co-Listing Agent Rebecca Ramirez DRE#02050799

Interior Features

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Maps

Listing information courtesy of: Paula Turner, Rebecca Ramirez, Desert Pacific Properties (760) 360-8200. *Based on information from the Association of REALTORS/Multiple Listing as of Feb 5th, 2025 at 9:59 PM 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.