Class A Cannabis
For Sale
Contact for pricing
Pending
48459 Harrison St, Coachella, CA 92236
Turnkey cultivation facility with automated light deprivation, cultivation equipment, and a long-term absolute NNN lease.
Property SizeContact for details
Days on Market145
Property Features for 48459 Harrison St
General Information
Standard status
Pending
Property subtype
Industrial
Listing Agency:
Meade Commercial
Listed By:
Cameron Rawlings · License #02102158
(760) 779-8827
Source:
Crexi
Added: Apr 12
Changed: Sep 3
Last Checked: Aug 31 at 2:16AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Meade Commercial
Investment Insights
Based on property information with market context.
Located at 48459 Harrison St in Coachella, California, this leased cannabis property consists of a 101,787-square-foot automated light-deprivation greenhouse completed for occupancy. The sealed Class A facility includes cultivation lights, drying racks, security equipment, and other FF&E conveyed with the sale. Production capacity is stated at upwards of 35,000 pounds of cannabis annually.
The property is subject to a new 20-year absolute NNN lease with 3% annual escalations and a 13.79% first-year cap rate. The tenant has options to lease an additional +/- 400,000 square feet within the larger development. Construction is finished, with occupancy identified for November 1, 2022. The lease is structured as turnkey, while the tenant’s installed cultivation and security equipment remains part of the property’s operating setup.
The property is subject to a new 20-year absolute NNN lease with 3% annual escalations and a 13.79% first-year cap rate. The tenant has options to lease an additional +/- 400,000 square feet within the larger development. Construction is finished, with occupancy identified for November 1, 2022. The lease is structured as turnkey, while the tenant’s installed cultivation and security equipment remains part of the property’s operating setup.
Key Highlights
- 101,787‑square‑foot sealed Class A automated light‑deprivation cannabis greenhouse
- Stated production capacity of upwards of 35,000 pounds of cannabis annually
- New 20‑year absolute NNN lease with 3% annual escalations
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
407
Businesses Nearby
Explore this area
Business Placement
Demographics for 92236, CA
42,220
Population
12,629
Households
3.3
Avg Household Size
29
Median Age
6%
College-Educated
57%
High-School Grad
61.9 sq mi
ZIP Area
682
Density / Sq Mi
$67,235
Median Household Income
$35,117
Median Earnings
$1,113
Median Rent
$342,500
Median Home Value
Market
Vacancy Rate% for Industrial in West region
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Frequently Asked Questions
What type of property is this?
Cannabis property - Turnkey cultivation facility with automated light deprivation, cultivation equipment, and a long-term absolute NNN lease.
Where is this cannabis property located?
The property is located at 48459 Harrison St Coachella, CA.
What are key features of this property?
This property features: 101,787‑square‑foot sealed Class A automated light‑deprivation cannabis greenhouse; Stated production capacity of upwards of 35,000 pounds of cannabis annually; New 20‑year absolute NNN lease with 3% annual escalations
