Desert Hot Springs,California,$6,000,000,Licensed,Manufacturing / Processing; Cultivation;

$6,500,000

Details

Asking Price: $6,500,000 ($234/SF)

Reduced from $10,750,000 ($387/SF)

COURT ORDERED SALE – BRING ALL OFFERS!

15858 Little Morongo Rd is a 27,748 SF cannabis co-packing facility that invested over 2 million dollars in cutting-edge infusion technologies and production lines that move at industry leading speeds and efficiencies. This cannabis facility can manufacture almost any cannabis infused products on the market.

The subject property is located in a state-of-the-art cannabis industrial park that was developed to offer the ultimate business environment for cannabis businesses. The property is 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 that meets all requirements for CA state cannabis business licensing.

Features:

  • 27,748 SF Fully Equipped Cannabis Co-Packing Facility
  • Heavy Power- 2,400 Amp 3 Phase 480v
  • 0% City Cannabis Manufacturing Tax
  • $2M+ Of State-Of-The-Art Automated Production Equipment
  • Shared 24/7-Armed Guard Security Costs
  • Strategically Located In Southern California
  • Financing Available, Assumable Loan

Building Features:

  • Building SF:
    • Lobby/Storefront: 2,226 SF
    • Warehouse: 7,774 SF
    • Distribution:4,000 SF
    • Manufacturing: 13,748 SF – Includes 4,000 SF Commercial Kitchen
  • Total SF: 27,748 SF | Additional 1,500 SF Equipment Mezzanine
  • Year Built: 2020
  • Security Cameras: 80 Cameras on 4 systems
  • Stories: 2
  • Clear Heights: 1st floor Min 12’3” 2nd floor 12”-14”
  • Ground Level Loading Bays: (3) 12’ Overhead Doors
  • Interior Rollup Doors: (2) 12’ Overhead Doors
  • Second Story Roll-up Door: (1) 10’ Overhead Door
  • Construction Type: Steal Frame
  • R25 Wall Insulation
  • R41 Roof Insulation
  • Fire Sprinklers: Yes
  • Vacancy: Current owner would consider a lease back.

Site Amenities:

  • Land Use Zoning: I-L (Light Industrial, Allows Cultivation & Manufacturing)
  • APN: 665-081-017
  • Land SF: 14,374 SF
  • Property Type: Warehouse
  • Zoning: I-L (Light Industrial)
  • Utilities:
    • Electric: Southern Cal Edison | Power – 480V 3 Phase 2,400 Amps
    • Domestic Water: Mission Springs Water District
    • Sewer: Advanced Onsite Treatment Sewer System
  • Current Use/Highest & Best Use: Cannabis Manufacturing and Distribution
  • Security: 24/7 armed guard gated business par
  • POA: $4,444.20 ($0.27/SF Estimate) Includes 24-Hr Security
  • CUP# 25-17

Terms:

Interest Only Financing ($83,281/Mo). Loan Maturity 12/1/26

 

Paula Turner – Desert Pacific Properties – DRE#702492

  • ID: 18859
  • Published: July 17, 2024
  • Last Update: July 17, 2024
  • Views: 44