Desert Pacific Properties Cannabis Division

ROSEWOOD CANNABIS PARK
17,945 SF to 68,180 SF BUILDING FOR SALE

Rosewood Cannabis Properties Main Image Web
16786 LITTLE MORONGO RD, DESERT HOT SPRINGS, CA

FEATURES

  • (3) 17,945 SF and (2) 34,090 SF Free Standing Shell Buildings
  • Brand New Tilt-Up Construction
  • Excellent Investment Opportunity
  • Each Building is Designed for 2 Units
  • Single Story – 40 ft High with Cost Efficient Option to Build 2nd Story
  • 4,000-8,000 AMP / 480 Volt / 3-Phase
  • POA includes 24-hr Security
  • Cannabis Friendly City with No Manufacturing Tax
  • Agriculture Rates from SoCal Edison for Cultivation
  • Reserve your Building Today, Phase 1 Winter 2022

ASKING PRICE:
Single Story From $5,383,500 ($300/SF)
Two Story From $7,536,900 ($210/SF)
LEASE RATE: From $44,863/mo (2.50/SF) NNN

VICINITY MAP

aerial & site amenities
Rosewood Cannabis Properties Floor Plan Web

Rosewood is a modern state of the art 37 AC master planned Cannabis Business Park located in the light industrial
district of the City of Desert Hot Springs, CA. At full build-out it will feature more than 1,000,000 SF of cannabis cultivation,
manufacturing, processing, laboratory testing, distribution and non-store front delivery. Phase 1 has an approved
Conditional Use Permit (CUP 21-3) for 157,900 SF, which meets all requirements for CA state cannabis business licensing.


Being the first city in the State of California to allow recreational cannabis operations, Desert Hot Springs is one of the
most Cannabis Business Friendly environments in California. The city has recently reduced their cultivation tax and
have also eliminated city manufacturing tax.


In the Rosewood Cannabis Park, Phase 1 consists of a total of seven free standing tilt-up construction buildings: five
17,945 SF and two 34,090 SF single story buildings with option to build second story. Phases 2, 3 and 4 will each consist
of a total of seven free standing tilt-up construction buildings: five 17,945 SF and two 34,090 SF single story buildings
with option to build second story.

Amenities

  • Highest and Best Use: Cannabis Cultivation, Manufacturing and Distribution
  • POA: $.20 per SF estimate which includes 24/7 Security with Hi-Tec Commercial Surveillance Integration
  • APN: 665-110-004
  • Zoning: I-L (Light Industrial, allows Cannabis Cultivation, Manufacturing and Distribution) and Non-Store Front Delivery
  • Utilities: Electric: Southern Cal Edison Power – 4,000 AMP/ 480 Volt/ 3-Phase for 18,000 SF Buildings 8,000 AMP / 480 Volt / 3-Phase for 34,200 SF Buildings Gas: SoCalGas Water: Coachella Valley Water District Sewer: On Site Sewer Treatment Plant
  • Parking Ratio / Spaces: 1 space – 675 SF (calculated based on single story) Total spaces 234 spaces
  • Amenities: Gated with 24/7 Security Outdoor Community Seating

Building Features

  • Cold Shell
  • Single Story – Min. 30’ Clear Ceiling Height
  • Option to Build 2nd Story
  • HVAC and Solar Allowed on Roof
  • Fire Sprinklers
  • Private Secured Equipment Yard
  • Personal Trash Enclosures
  • Modern Design and Finishes
  • 2 Entrance Doors
  • 2 Side Doors
  • 2 12’ Ground Level Roll Up Doors
  • Column Spacing:
    17,945 SF building, 50’ by 60’
    34,090 SF building, 42’-6” to 50’ by 60’
  • Supporting Heavy Roof Loads
FOR SALE
SFSINGLE STORY PRICING2nd FLOOR OPTION
(Tenant Improvements)
WALL OPTIONSBUILDING
DIMENSIONS
POWER
17,945 SF$5,383,500* ($300 SF)$2,153,400* ($120/SF)2 units per building120’ x 150’4,000 AMP 480 v 3 phase
34,090 SF$10,227,000* ($300 SF)$4,090,800* ($120/SF)2 units per building285’ x 185’8,000 AMP 480 v 3 phase
FOR LEASE
SFPRICINGBUILDING DIMENSIONSPOWERADDITIONAL TERMS
17,945 SF$44,862.50/MO NNN ($2.50/SF)120’ x 150’4,000 AMP 480 v 3 phase6 Months Half Rent ($1.25/SF)
34,090 SF$80,752.50/MO NNN ($2.25/SF)285’ x 185’8,000 AMP 480 v 3 phase6 Months Half Rent ($1.13/SF)

Second Floor Option- $70/SF

The building height of 40 feet allows you to double your square footage by adding a second story. Clear Height for each floor averages between 13.5’ to 14’ per floor.

Rosewood Cannabis Second Floor Option Plan

Second floor option subject to price change *

CANNABIS COMPLIANCE

  • Meets all state and local requirements for cannabis cultivation, manufacturing, distribution, and testing.
  • The property is approved for cannabis in the City of Desert Hot Springs.
  • The City of Desert Hot Springs does NOT have a cannabis manufacturing tax.
  • Approved CUP 21-3

Investment Opportunity

Desert Pacific Properties has qualified tenants if you choose to lease your investment property.

Potential CAP Rate of over 14%!

Purchase Price:                                            $7,536,900
Annual Lease Income ($2.25/SF NNN):  $969,030
CAP Rate:                                                       12.85%

TERMS

3% Due to open escrow
10% Due when foundation is complete Balance due at close of escrow

Non Refundable Tenant Improvement Deposit Due for the cost of the Second Floor Option within 30 days after opening escrow.

CANNABIS CORRIDOR / DIRECTIONS
Rosewood Cannabis Properties Site Plan Web
Location: 16786 Little Morongo – This property is located at the North East Corner of Dillon Road and Little Morongo just 2.5 miles from I-10 in the City of Desert Hot Springs, and 100 miles from Los Angeles. Directions: From I-10 traveling east exit Indian Canyon Drive and take a left (north). Travel 1 1/4 miles to Dillon Rd., turn right (east) on Dillon Rd. Travel 1 mile to Little Morongo Road, property on corner.
For more information visit: RosewoodCannabisPark.com
Attatchments
Disclaimer

The information above has been obtained from sources believed reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warrant or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions assumptions or estimates used are for example only, and do not represent the current or future performance of the property. ref: 04/06/22 JC

Contact
Paula Turner

Paula Turner, Broker
paula@dppllc.com
Mobile 760-578-6564
Office 760-360-8200
DRE License #00702492

Desert Pacific Properties Cannabis Real Estate

Ranked #1 in the Coachella Valley for Commercial Real Estate

Rebecca Ramirez, Sales Agent
rebecca@dppllc.com
Mobile 760-333-7170
Office 760-360-8200
DRE License #02050799