■High-Performing NNN Multi-Tenant Leased InvestmentOpportunity with 2% 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■ 2027 Projected CAP Rate - 10.31%
MLS# | 219123717DA |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Days On Site | 85 |
Listing Provided By | Desert Pacific Properties 760-360-8200 | Paula Turner |
Acreage | 6.00 |
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State | CA |
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County | Riverside |
City | Coachella |
Zip Code | 92236 |
Area | 315 Coachella |
Listing VS Median (In 92236) | |
Price: $30,000,000 low | high Med: $468,000 On site: 85 low | high Med: 24.000000 |