Millman Team Real Estate

$30,000,000
6 Acre Lot

84845 Ave 48, Coachella, California 92236

  • Commercial Sale Property Type
Property Description

■ MUST SELL Submit All Offers■ 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%

Basic Details
Commercial Sale
For Sale
219123717DA
$30,000,000
6 Acre
Active
Features
$0
Address Map
CA
Riverside
Coachella
92236
Ave 48
84845
W117° 48' 57.1''
N33° 42' 1.1''
84845 Avenue 48 (The property is located on the east side of Dillon Rd., in the city of Coachella, CA.)
315 - Coachella
Additional Information
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2025-01-28
30000
https://www.loopnet.com/Listing/84829-Avenue-48-Coachella-CA/34594688/
https://www.loopnet.com/Listing/84829-Avenue-48-Coachella-CA/34594688/
Broker/Agent Information
Desert Pacific Properties
Paula Turner
Listing Information
Rebecca Ramirez
CDAR-D82139
CDAR-o D8295
Desert Pacific Properties
CDAR-D24867
CDAR-oD8295
Cash
Active
2025-10-15T21:54:50Z
CRMLS
: Standard, Notice Of Default
2025-01-27T22:00:00Z
Agent info
Ray Millman
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