■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%
MLS # | 219123717DA |
---|---|
Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Days On Site | 148 |
Listing Provided By | Desert Pacific Properties | Paula Turner |
Acreage | 6.00 |
---|
Heating Yes / No | Yes |
---|---|
Cooling Yes / No | No |
State | CA |
---|---|
County | Riverside |
City | Coachella |
Zip Code | 92236 |
Area | 315 Coachella |
Listing VS Median (in 92236) | |
Price: $30,000,000 low | high Med: $1,500,000 On site: 148 low | high Med: 20.000000 |