MORONGO INDUSTRIAL PARK - Final Phase
16,460 SF BUILDINGS FOR SALE/LEASE W/OPTION
FEATURES
- (7) – 16,460 SF Buildings Available in Final Phase
- Brand New Construction
- Heavy Power – 1,600 AMPS 3 Phase 480V
- Low POA Including 24-hr Security: $0.22/SF
- No Manufacturing Tax in Desert Hot Springs
- Low Agricultural Rates from SCE for Cultivation
- T.I. Ready To Start – Approved Plans Available
- Ideally Located Next To Palm Springs with Convenient 1-10 Access To Serve Southern California
- Flexible Lease Terms
- Financing Available
Asking Price: $3,640,587 ($221/SF)
Reduced From: $4,200,000 ($255/SF)
VICINITY MAP
Morongo Industrial Park is a new state of the art project being developed to offer the ultimate business environment for cannabis cultivation and manufacturing. Located in the Light industrial district of Desert Hot Springs, CA, this development has an approved Conditional Use Permit for unlimited cultivation, manufacturing, processing, and meets all requirements for CA state cannabis business licensing.
Morongo Industrial Park features 25 free standing buildings totaling 422,731 SF. The business park provides the ultimate opportunity for a business owner to own and operate a new cutting edge facility without the expense or timely process of developing and building on raw land.
Desert Hot Springs is ideally located next to Palm Springs, and has convenient I-10 access to serve all of Southern California.
- Refrigerator-Type Insulated Wall and Roof Panels
– R25 Wall Insulation
– R41 Roof Insulation - Finished Interior Wall Panels
- Fire Sprinklers
- Ceiling Heights:
1st Floor: Min 12’3”
2nd Floor: 12’-14’ - Heavy Power – 1,600 AMPS
- Loading Bays w/ 12’ Overhead doors
- Solar Power Ready Roof System
- Industrial Elevator/Freight Lift
– $37,000 Allowance - Custom Steel Fabrication
- Land Use Zoning: I-L (Light Industrial, Allows Cultivation & Manufacturing)
- APN: 665-080-012,013
- Utilities:
Electric: Southern Cal Edison Power – 480V 3 Phase
B Buildings 1600 Amps
Switchgears Installed At Each Building
Water: City Water and Advanced Treatment Sewer System - Highest and Best Use: Cannabis Cultivation, Manufacturing
and Distribution - POA: $3,621 ($0.22/SF Estimate) Includes 24-Hr Security
- City CUP Cultivation Permit Included With Purchase
- Compliant with Desert Hot Springs Business Requirements
- Complete Due Diligence Package Including Building Plans Available
| Type | Size | Price | Price/SF | Additional Terms |
|---|---|---|---|---|
| SALE | 16,460 SF | $4,200,000 | $255 | New Buildings Now Available Cannabis Financing Available Seller With Carry 15% 2nd TD Call For Details |
| LEASE | 16,460 SF | $28,805 NNN | $1.75 NNN | New Buildings Now Available $0.25 Increases For 3 Years Flexible Lease Terms 3 Months Free Rent |
LOCATION
Desert Hot Springs is in Riverside County and is one of nine cities that make up the Coachella Valley. (Palm Springs, Desert Hot Springs, Cathedral City, Rancho Mirage, Palm Desert, Indian Wells, La Quinta, Indio, and Coachella) The Coachella Valley is the ultimate work/play destination because it is famous for its year-round sunshine, idyllic quality of life powered by tourism and agriculture, and is quickly becoming known as the ‘Napa Valley’ of cannatourism. This bright region is proving itself as a fertile ground for innovation in clean energy, technology, healthcare, arts, media, and entertainment. There’s no finer place to live, work, and play.
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: 10/04/23 JC
Paula Turner, Broker
[email protected]
Direct: 760.766.0511
Cell: 760.578.6564
DRE License #00702492
Ranked #1 in the Coachella Valley
for Cannabis Real Estate
Rebecca Ramirez, Sales Agent
[email protected]
Cell: 760.766.0517
DRE License #02050799