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84845 Ave 48 Ave, Coachella, CA 92236
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$30,000,000
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Home Details for 84845 Ave 48 Ave
Price
$30,000,000
Type
Commercial/Industrial
Lot Size
6
County
Riverside
MLS®️ Listing#
219123717DA
On exitrealty.com
244 days
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%
Listing Courtesy: Desert Pacific Properties - 760-360-8200. Presented by: Paula Turner and Rebecca Ramirez
Based on information from California Regional Multiple Listing Service, Inc. as of 2025-10-10 15:31:00 and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Market statistics compiled from data from California Regional MLS.
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EXIT ALLIANCE REALTY
43521 Ridge Park Suite 201, Temecula, CA 92590
Licensed in the state of California.
CA DRE# 01924483. Shawn Sorensen broker.
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$30,000,000
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EXIT ALLIANCE REALTY
43521 Ridge Park Suite 201, Temecula, CA 92590
Licensed in the state of California.
CA DRE# 01924483. Shawn Sorensen broker.