84845 Ave 48
Coachella, CA 92236
6.00 acres | #219123717DA
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%
Property Details
- Property SubtypeCommercialSale
- Original List Price$40,000,000
- MLS #219123717DA
- MLS #219123717DA
- CountyRiverside
- Property TypePurchase
- Cost30000000
- Acres6
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Paula Turner (#CDAR-D24867)
Listing Office: Desert Pacific Properties (#CDAR-oD8295)
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