Coachella, CA 92236 84845 Ave 48
$30,000,000
2 more
Presented By: Paula Turner with Desert Pacific Properties;
Home Details
■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%
Presented By: Paula Turner with Desert Pacific Properties;
Interior Features for 84845 Ave 48
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NYes
General for 84845 Ave 48
Additional Parcels Y/NNo
Attached Garage No
Business TypeIndustrial
Carport Y/NNo
CityCoachella
CountyRiverside
Directions84845 Avenue 48 (The property is located on the east side of Dillon Rd., in the city of Coachella, CA.)
Electric On Property Y/NNo
Garage Y/NNo
HOANo
HOA Fee$0.0
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash
Lot Size Square Feet261360.0
Lot Size UnitsSquareFeet
MLS Area315 - Coachella
MobileHomeRemainsYNNo
New ConstructionNo
Property Attached Y/NNo
Property TypeCommercialSale
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsNoticeOfDefault, Standard
Standard StatusActive
StatusActive
Waterfront Y/NNo
Exterior for 84845 Ave 48
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres6.0
Lot Size Area261360.0
Lot Size SourceAssessor
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking0.0
Additional Details
Price History
Keegan Cin
Team Lead
Price
$30,000,000
MLS#219123717DA
List Date
01/28/2025
Property Type
Commercial
Phone
(310) 963-5595
