84845 Avenue 48
$30,000,000
84845 Avenue 48, Coachella, CA 92236
For Sale
Industrial
Manufacturing
Active
Last Updated: 02/05/2025
9.72
Cap Rate
108,229 sqft
Building Size
Details:
Cap Rate: 9.72%
Building Size: 108,229 sqft
Lot Area: 6 acres
Year Built: 2018
Price Per Sqft: $277
Zoning: Wrecking Yard (M-W) Allows Cannabis Use
Description:
■ High-Performing NNN Multi-Tenant Leased Investment Opportunity with 2%-3% 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
■ 2026 Projected CAP Rate - 9.72%
Documents:
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COA-84845_Ave48_Inv_Brochure.pdf
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Location
Gallery
