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$ 30,000,000
Est. payment | /mo
6 Acres Lot
$ 30,000,000
Est. payment | /mo
6 Acres Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 219123717DA
HOA Y/N No
Lot Size 6.000 Acres
Property Description
■ MUST SELL Offers Due By Oct. 6th, 2025■ High-Performing NNN Multi-Tenant Leased Investment■ Over 100,000 Square Feet Of State-Of-The-Art Facilities, That Meet The Needs of The Cannabis Industry■ Nine Freestanding Industrial Buildings 90% Complete■ Fully Secured Cannabis Campus■ Lease Rates $2.50 to $3.00/SF/Mo NNN■ Tenants Are Experienced Cannabis Operators Under Long-Term Leases■ Annual NOI - Over $3,400,000 At Full Build-Out■ 2027 Projected CAP Rate - 9.32%
Location
State CA
County Riverside
Area 315 - Coachella
Interior
Fireplace No
Others
Tax ID 603232031
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Notice Of Default, Standard
Listed by Paula Turner Desert Pacific Properties
22502 Avenida Empresa, Rancho Santa Margarita, California, 92688, USA
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