84845 Ave 48 Active

Coachella,CA 92236

$ 30000000

- Bed

0 Bath

- SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 219123717DA

HOA Y/N No

Lot Size 6.000 Acres

Property Description

■ MUST SELL Offers Due By Oct. 6th, 2025■ High-Performing NNN Multi-Tenant Leased Investment■ Over 100,000 Square Feet Of State-Of-The-Art Facilities, That Meet The Needs of The Cannabis Industry■ Nine Freestanding Industrial Buildings 90% Complete■ Fully Secured Cannabis Campus■ Lease Rates $2.50 to $3.00/SF/Mo NNN■ Tenants Are Experienced Cannabis Operators Under Long-Term Leases■ Annual NOI - Over $3,400,000 At Full Build-Out■ 2027 Projected CAP Rate - 9.32%

Location

State CA

County Riverside

Area 315 - Coachella

Interior

Fireplace No

Others

Tax ID 603232031

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Notice Of Default,Standard

Virtual Tour https://www.loopnet.com/Listing/84829-Avenue-48-Coachella-CA/34594688/

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