Coachella, CA 92236,84845 Ave 48
Coachella, CA 92236,84845 Ave 48
Coachella, CA 92236,84845 Ave 48
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$30,000,000
Est. payment /mo
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100,000 SqFt
Price Dropped by $10.0M

84845 Ave 48 Coachella, CA 92236

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UPDATED:

02/05/2025 09:40 PM

Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 100,000 sqft

Price per Sqft $300

MLS Listing ID 219123717

HOA Y/N No

Lot Size 6.000 Acres

Acres 6.0

Property Sub-Type Industrial

Property Description

■High-Performing NNN Multi-Tenant Leased Investment Opportunity with 2%-3% Annual Escalations
■ Over 100,000 Square Feet Of State-Of-The-Art Facilities, That Meet The Needs of The Cannabis Industry
■ Nine Free-Standing Industrial Buildings
■ Fully Secured Cannabis Campus
■ Lease Rates $2.50 to $3.00/SF/Mo NNN
■ Tenants Are Experienced Cannabis Operators With Strong Rental History
■ Annual NOI - Over $3,500,000 At Full Build-Out
■ 2026 Projected CAP Rate - 9.72%

Location

State CA

County Riverside

Area 315 - Coachella

Others

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Notice Of Default, Standard


Listed by Desert Pacific Properties

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agent

Dallas Baker

+1(424) 243-7444

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84845 Ave 48