CA > Coachella
Coachella, CA 92236,84845 Ave 48
Coachella, CA 92236,84845 Ave 48
Coachella, CA 92236,84845 Ave 48
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Pratima Solanki

Pratima Solanki

+1(323) 816-3802
$30,000,000
Est. payment /mo
6 Acres Lot
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UPDATED:

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

■High-Performing NNN Multi-Tenant Leased InvestmentOpportunity with 2% 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■ 2027 Projected CAP Rate - 10.31%

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

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California Regional MLS (CRMLS)
Listed by Paula Turner • Desert Pacific Properties

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agent

Pratima Solanki

+1(323) 816-3802

Agent | License ID: 01998820

Agent License ID: 01998820

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