52,368 SF Proposed Cannabis Facility on 38.97 AC

Industrial for Sale
Catylist Listing ID: 30528234
Property Subtypes: Mixed Use, Light Industrial, Warehouse/Distribution
Building Size (RSF): 52,000 SF
Gross Building Area: See Agent
Sale Price: $8,000,000
Unit Price: $153.85 PSF
Ceiling: 12 ft. Clear
Docks/Doors: 4 Doors
Office SF: 3,220 SF
Property Use Type: Net Leased Investment (NNN), Investment, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/11/2019

Overview / Comments

- Over 52,000 SF of Improvements
- 3,220 SF Office
- 38,802 SF Warehouse
- 7,728 SF Storage
- 2,618 SF Misc. Buildings
- 3 Legal Parcels totaling 38.97 acres
- CUP Pending in Unincorporated Area of Riverside County for a MicroBusiness Type 12 License

Additional Details

Nearest MSA: Riverside-San Bernardino-Ontario
County: Riverside
Tax ID/APN: 654-170-052, 050, 011
Zoning: MSC, W-2
Highway Access: From Interstate 10, travel east exit Palm Drive. Turn left (north) on Palm Drive for 3.1 miles to Dillon Rd. Turn right (east) onto Dillon Road for 2.9 miles. Turn right (south) onto Silver Moon Trail, property is on the left and right side.
Area Description: Desert Edge is in the unincorporated area of Riverdide County and is a 3.75 square mile area located just south and east of the city of Desert Hot Springs, between Interstate 10 & the western foothills of Joshua Tree National Park. The area is renowned for its serene landscapes, world class hot mineral waters & senior living communities. This concentration of mobile home & RV parks is one of the largest in Riverside County. Both year-round desert dwellers and seasonal visitors are attracted to this elevated valley above Palm Springs.
Tenancy: Single Tenant
Total Number of Buildings: 4
Year Built: 1980
Year Renovated: 2001
Total Parking Spaces: 93
Zoning Description: MSC (Manufacturing Service Commercial) & W-2
In Flood Plain?: Yes
Water Service: Well

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 14,372 40,930
Median Age: 33.09 35.66
Households: 4,886 14,483


Sponsoring Organization

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