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84845 Avenue 48 Coachella, CA 92236

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For Sale
$30,000,000

High-performing NNN multi-tenant leased investment property.

Lot size:
6.00 Acres

Property Features for 84845 Avenue 48

General Information

Lot size
6.00 Acres

Source: Desert Pacific Properties Agent Paula Turner

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Cannabis Campus Investment Opportunity

This offering presents an opportunity to acquire a high-performing NNN multi-tenant leased investment. The property features over 100,000 square feet of state-of-the-art facilities designed to meet the needs of the cannabis industry. The fully secured cannabis campus includes nine freestanding industrial buildings that are 90% complete. Lease rates range from $2.50 to $3.00 per square foot per month NNN. Tenants are experienced cannabis operators under long-term leases. The property's annual net operating income (NOI) is projected to exceed $3,400,000 at full build-out, with a projected capitalization rate of 9.32% in 2027.
Insight Report Location Intelligence

Current Use by Public Records

Cannabis farms

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Coachella
County
Riverside
State
California
Longitude
-116.183214
Latitude
33.6997181

FAQs

What type of property is this?
Cannabis farm - High-performing NNN multi-tenant leased investment property.
Where is this cannabis farm located?
The property is located at 84845 Avenue 48 Coachella, CA.
What is the asking price?
The asking price for this property is $30,000,000.
What are key features of this property?
This property features: - High-Performing NNN Multi-Tenant Leased Investment; - Annual NOI - Over $3,400,000 At Full Build-Out; - 2027 Projected CAP Rate - 9.32%
More about this property
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