
Morongo Industrial Park Phase 3, Desert Hot Springs
Brand new construction. No Manufacturing Tax in Desert Hot Springs. Agricultural Rates from SCE for Cultivation, Asking Price: $4,200,000 ($255/SF)
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.
Featuring 25 buildings totalling 422,731 SF are sold on their own tax lots, the business park provides the ultimate opportunity for a business owner to own and operate their own cultivation facility without the expense or timely process of developing and building on raw land.
Phase 3 consists of 7 16,460 SF buildings totalling 115,220 SF – 2 buildings for sale + 5 buildings for lease.
TYPE | SIZE | PRICE | PRICE/SF | ADDITIONAL TERMS |
---|---|---|---|---|
SALE | 16,460 SF | $4,000,000 | $243 | Available Winter 2021-2022. Cannabis financing available. Call for details. |
LEASE | 16,460 SF | $41,150/mo NNN | $2.50 | 10-year lease, $100,000 deposit. Available Winter 2021-2022 |
LEASE W/ OPTION TO PURCHASE | 16,460 SF | $28,805 NNN | $1.75 | 10-year lease, $50,000 deposit 2nd-year, $2.50/SF, 3rd-year, 3.00/SF – 3% Increase Option to Purchase 13th-24th Month $700,000 Option Payment |
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, take a left (north) on Little Morongo Road and travel 1/2 mile. The property will be on your right (east).
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: 10/06/21 JC
Brand new construction. No Manufacturing Tax in Desert Hot Springs. Agricultural Rates from SCE for Cultivation, Asking Price: $4,200,000 ($255/SF)
Paula Turner, Broker
paula@dppllc.com
Mobile 760-578-6564
Office 760-360-8200
DRE License #00702492
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