Property Detail

84845 Ave 48

Coachella CA 92236

$30,000,000

Status: Active

Property Details

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%

Map Location

Listing provided courtesy of Paula Turner of Desert Pacific Properties. Last updated 2025-02-22 09:29:50.000000. Listing information © 2020 CRMLS.

Stowell & Associates

Stowell & Associates

CA DRE# 01397481
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