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Shawn Bengtson

Office Broker - DRE 01236964

  • Office 760-805-7199
Questions?

84845 Ave 48, Coachella – $30,000,000

  • $30M Price
  • 6 Acres
  • 311 DOM
  • $30M Price
  • 6 Acres
  • 311 DOM

84845 Ave 48

■ 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%

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 Market311

Listing Details

  • AgentPaula Turner
  • OfficeDesert Pacific Properties
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Price Change History for 84845 Ave 48, Coachella, (MLS® #219123717DA)

Date Details Change
Price Reduced from $40,000,000 to $30,000,000 $10,000,000 (25.00%)

Paula Turner, Desert Pacific Properties.

Based on information from California Regional Multiple Listing Service, Inc. as of December 5th, 2025 at 11:45am PST. 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.