Desert Pacific Properties Cannabis Division

MORONGO BUSINESS PARK
2 UNITS LEFT! FOR LEASE WITH OPTION TO PURCHASE

13310 Little Morongo Rd, DHS Tilt Aerial Web
13310 LITTLE MORONGO RD, DESERT HOT SPRINGS, CA

FEATURES

  • 34,287 SF to 68,574 SF Concreate Tilt Up Cannabis Grow Facility
  • New Construction – Available Winter 2022
  • 2 units: 1st floor 34,287 SF & 2nd floor 34,276 SF
  • Low POA Includes 24 Hour Security
  • Adjacent to MedMen, Canndescent & Desert Underground
  • Lots of parking – 190 total parking
  • 24 ft yard space along the building
  • No Manufacturing Tax in the City of Desert Hot Springs

LEASE RATE: $171,435/MO ($2.50/SF) – ALL OR PART
OPTION PRICE: $250/SF NNN AT 30-36TH MONTH

VICINITY MAP

aerial & site amenities
13310 Little Morongo Rd, DHS Floor Plan Web

Amenities

  • Location: The property is located on the east side of Little Morongo Rd, just south of Hacienda Avenue in the city of Desert Hot Springs.
  • Best Use: Cannabis Cultivation/Manufacturing
  • APN: 663-271-038; 663-271-037; 663-271-036; 663-271-035; 663-271-034; 663-271-033
  • Zoning: I-L (Light Industrial)
  • Parking Spaces: 40
  • Opportunity Zone: Yes
  • Utilities: Water, Gas
  • Terms: Cash

Building Features

  • Building Size: 34,287 SF – 68,574 SF
  • Building Dimensions: 120’-2”x 260’-0”
  • Column Spacing: From: 12-’3”x 35’ to 23’-2”x 35’
  • Fire Sprinklers: Yes
  • Elevator: Yes for second floor
  • Restrooms: Yes one on each floor
  • Clear Height: 15’ each floor
  • Roll up door(s): 1 10×10 common area
  • Electric: 4,000 AMPS/ 480v/ 3 Phase Building
  • Year built: Under Construction

Comments

  • Morongo Business Park is a 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 over 200,000 SF of cannabis cultivation, manufacturing, processing, distribution and non-storefront delivery. Phase 3 has an approved Conditional Use Permit (CUP 21-17) for 136,174 square foot building 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. Call listing office for complete due diligence package.

opportunity zone

Why is investing in an Opportunity Zone better than a 1031 Exchange?

Temporary Deferral:
Similar to a 1031 Exchange.

Step-up in Basis: After 5 years capital gains basis is increased by 10% and by an additional 5% if held for at least 7 years, thereby excluding up to 15% of the original gain from taxation. Permanent Exclusion: After 10 years the capital gains are permanently excluded from taxable income

Permanent Exclusion: After 10 years the capital gains are permanently excluded from taxable income.

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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: 05/12/22 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