Morongo Industrial Park – Cannabis Parks Final Phase

  • $3,640,587
15850 Little Morongo Rd, Desert Hot Springs, CA
For Sale

Morongo Industrial Park – Cannabis Parks Final Phase

15850 Little Morongo Rd, Desert Hot Springs, CA
  • $3,640,587

Overview

Property ID: HZ737
  • Cannabis Buildings
  • Property Type
  • 16,460
  • SF

Description

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, with convenient I-10 Freeway access to serve all of Southern California 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.

Features

  • 100% Loan Assumption to Purchase the Building
  • $2 Million Revenue Based Financing to Fund Build Out
  • (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: $0.27/SF
  • No Manufacturing Tax in Desert Hot Springs
  • Tenant Improvement CAD Plans Available
  • Convenient 1-10 Access To Serve Southern California
  • The Developer Applied for a Micro Business License (Type 12) in August and is Included in the Sale of the Building

Building Includes

  • 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 3 PHASE 480V
  • Loading Bay w/ 12’ Overhead Door
  • Solar Power Load Ready Roof System
  • Shaft-ready, Industrial Elevator/Freight Lift
  • Custom Steel Fabrication

ASKING PRICE: $3,640,587 ($221/SF)
REDUCED FROM: $4,200,000 ($255/SF)

Property Documents

Morongo Industrial Park - Final Phase - Desert Hot Springs Cannabis Building

Site Amenities

Updated on July 2, 2024 at 8:36 pm
  • Property ID: HZ737
  • Price: $3,640,587
  • Land Squarefootage: 16,460 SF
  • Property Type: Cannabis Buildings
  • Property Status: For Sale
  • Zoning: I-L (Light Industrial, Allows Cultivation & Manufacturing)
  • APN: 665-080-012,013
  • Utilities: Electric: Southern Cal Edison Power - 480V 3 Phase | 1600 Amps Switchgears Installed At Each Building Water: City Water and Advanced Treatment Sewer System
  • Highest & Best Use: Cannabis Cultivation, Manufacturing and Distribution
  • POA: $4,444.20 ($0.27/SF Estimate) Includes 24-Hr Security
  • Opportunity Zone: No
  • Address 15850 Little Morongo Rd, Desert Hot Springs, CA
  • City Desert Hot Springs
  • State/county California
  • Zip/Postal Code 92240
  • Country United States

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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.

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