Court Ordered Sale – 9 Industrial Buildings Totaling 108,229 SF

  • $30,000,000/($277/SF)
Featured For Sale
84829 Avenue 48, Coachella, California, USA
Featured For Sale

Court Ordered Sale – 9 Industrial Buildings Totaling 108,229 SF

84829 Avenue 48, Coachella, California, USA
  • $30,000,000/($277/SF)

Overview

  • Cannabis Buildings
  • Property Type
  • 108,229
  • SF
  • 2018
  • Year Built

Description

FEATURES

■ 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%

 

ASKING PRICE: $30,000,000 ($277/SF)

Property Documents

COA-84845 Ave48 Inv Brochure V4

Site Amenities

Updated on October 16, 2025 at 7:53 pm
  • Price: $30,000,000/($277/SF)
  • Land Squarefootage: 108,229 SF
  • Year Built: 2018
  • Property Type: Cannabis Buildings
  • Property Status: For Sale
  • General Plan: Industrial District
  • Zoning: (M-W) Allows Cannabis Use
  • APN: 603-232-031
  • Utilities: Electric: Yes, Imperial Irrigation Dist.(3 Phase/480v/4000 Amp Service) Water: Yes, City of Coachella Sewer: Yes, Currently On Temporary Sewer Gas: Yes, So Cal Gas Company
  • Current Use: Multiple tenant cannabis grow complex with full security
  • Opportunity Zone: No
  • Terms: Cash
  • Comments: Offers subject to overbid and approval by court

Video

  • Address 84829 Avenue 48, Coachella, California, USA
  • City Coachella
  • State/county California
  • Zip/Postal Code 92236
  • Country United States

Similar Listings

The information contained herein is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from Desert Pacific Properties and should not be made available to any other person or entity without the written consent of Broker. The Materials have been prepared to provide summary, unverified information to interested parties, and to establish only a preliminary level of interest in the subject property. Broker, as a Real Estate Licensee is not qualified to discuss or advise on legal, accounting, or other matters outside of those permitted by state law. Broker has not made any investigation, and makes no warranty or representation, with respect to the future projected financial performance of the property, the acreage, square footage or unit count of the property and improvements, the compliance or non-compliance with the City, County, State and/or Federal regulations, or the physical condition of the improvements thereon. The information contained in this brochure (also referred to as an Offering Memorandum) has been obtained from sources that we believe to be reliable, however, Broker has not verified, and will not verify, any of the information contained therein, nor has broker conducted and investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All interested parties must take appropriate measures to verify all of the information set forth herein. All references to Broker include its officers, partners, agents, sub-agents, and employees. Buyer and the Seller of subject property acknowledges that Desert Pacific Properties, may act as an agent for both the Buyer and the Seller on the subject property. Any prospective Buyer or Seller acknowledges the foregoing disclosures and agrees to the described agency relationships with other prospective Buyers and Sellers.

Compare listings

Compare
Paula Turner
  • Paula Turner