84845 Ave 48, Coachella, CA 92236 - Berkshire Hathaway HomeServices California Properties

84845 Ave 48, Coachella, CA 92236

$30,000,000 Approx. USD 0 beds, 0 baths

Listing Agent


Paula Turner | paula@dppllc.com
Lic#: 00702492
Broker: Courtesy of Desert Pacific Properties

Co Listing Agent


Rebecca Ramirez | rebecca@dppllc.com
Lic#: 02050799
Broker: Courtesy of Desert Pacific Properties

Agent Remarks

■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%

Listing Details

Property type: (Commercial)
Status: Active
MLS# 219123717DA
List price is $30,000,000 Reduced by $10,000,000 on 2/5/2025
Price: $30,000,000
HOA Fee is $0.00
6.00 acres
Lot size: 6.0000
County: Riverside
MLS area: 315 - Coachella

Last Updated: 4/22/2025

 Days On Market (DOM): 168

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This listing belongs to the 315 - Coachella MLS area

Lat/Long: 33.699354, -116.184170.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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