- $30M Price
- 6 Acres
- 220 DOM
84845 Ave 48
■High-Performing NNN Multi-Tenant Leased InvestmentOpportunity with 2% Annual Escalations■ Over 100,000 Square Feet Of State-Of-The-Art Facilities, That Meet The Needs of The Cannabis Industry■ Nine Free-Standing Industrial Buildings■ Fully Secured Cannabis Campus■ Lease Rates $2.50 to $3.00/SF/Mo NNN■ Tenants Are Experienced Cannabis Operators With Strong Rental History■ Annual NOI - Over $3,500,000 At Full Build-Out■ 2027 Projected CAP Rate - 10.31%
Essential Information
- MLS® #219123717DA
- Price$30,000,000
- Bathrooms0.00
- Acres6.00
- TypeCommercial Sale
- StatusActive
Community Information
- Address84845 Ave 48
- Area315 - Coachella
- CityCoachella
- CountyRiverside
- Zip Code92236
Additional Information
- Days on Market220
Listing Details
- AgentPaula Turner
- OfficeDesert Pacific Properties
Price Change History for 84845 Ave 48, Coachella, (MLS® #219123717DA)
| Date | Details | Change |
|---|---|---|
| Price Reduced from $40,000,000 to $30,000,000 |
Paula Turner, Desert Pacific Properties.
Based on information from California Regional Multiple Listing Service, Inc. as of September 6th, 2025 at 1:36am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.