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$30,000,000
Est. payment /mo
100,000 SqFt
UPDATED:
02/05/2025 09:40 PM
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 100,000 sqft
Price per Sqft $300
MLS Listing ID 219123717
HOA Y/N No
Lot Size 6.000 Acres
Acres 6.0
Property Sub-Type Industrial
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%
■ 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%
Location
State CA
County Riverside
Area 315 - Coachella
Others
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Notice Of Default, Standard
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Listed by Desert Pacific Properties
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Terrance Scotton, Broker Associate
Real Estate Broker and Mortgage Broker | License ID: 01707848 NMLS: 908256
Real Estate Broker and Mortgage Broker License ID: 01707848 NMLS: 908256