650 S Oleander Rd Palm Springs, CA 92264

This meticulously maintained 10,000 square foot industrial building, including approximately 1,500 square feet of office space, was originally constructed as a build to suit for the owner. It features a controlled access gate leading to an abundant private yard, complete with a large rear awning that provides additional outdoor covered storage. The property is situated in the core of Palm Springs, placing it in close proximity to numerous amenities and within the Cannabis overlay zone. Its location is approximately 1.5 miles from Palm Springs International Airport. The building includes four restrooms, three 12x14 roll-up doors, and one 12x14 dock-high door. The fenced yard is secured. The property has 1,200 amps of 3-phase power, expandable to 1,600 amps, and high-volume gas. The property has undergone $500,000 in renovations and is subject to a brand new 12.8-year lease with 3% annual rent increases, making it a passive investment.