84811 Ave 48, Coachella, CA 92236
Cannabis cultivation property with corporate offices, processing areas, distribution space, and an automated light-deprivation greenhouse.
Property Features for 84811 Ave 48
General Information
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The property is leased to Green Horizons under a new 20-year NNN lease with 3% annual escalations and an 11.90% year-one cap rate. The lease includes options for approximately 800,000 additional square feet within the broader development. The buyer will own the cultivation-area FF&E, with the transaction structured as an installed sale through construction. Located at 84811 Ave 48 in Coachella, California, the facility is part of the second phase of the Coachella Cann Park developments.
Key Highlights
- Approximately 125,000 square feet of new improvements on 6.06 acres
- Sealed Class “A” automated light‑deprivation cannabis greenhouse
- Executive offices plus trimming, curing, and packaging facilities
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