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27769400
27769401

34212 Date Palm Dr, Cathedral City, CA 92234

BH
CA 01239289, CA BRE #01239289
Marcus & Millichap - Palm Springs
Listed by Marcus & Millichap - Palm Springs
$8,000,000
1137 days on market
Updated 65 days ago

Azteca Cannabis Cultivation Facility

Details
Property Type Industrial
Sub Type Manufacturing
Square Footage 16,155
Net Rentable (SqFt) 16,155
Units 2
Tenancy Vacant
Price per SqFt $495
Broker Co-Op Yes
Class B
Year Built 1965
Year Renovated 2019
Buildings 1
Stories 2
Acreage 0.510
Zoning Commercial cannabis
Investment Type Owner/User
Occupancy Date 04/25/2023
Ceiling Height 12
Loading Docks 1
Ownership fee simple
Sale Condition Distressed

Operational cannabis cultivation facility available

Marketing description

Excellent cannabis cultivation facility, operational. The ideal buyer will have experience in bringing licenses current ard completing interior improvements. Cultivation area 12,000 SF (9,000 flowering canopy space, 3,000 vegetative flowering space), 160 lights. Projected yearly cannabis yield, 1.600 lbs plus 800 lbs by-product production.

A creative offer may include leasing, or joint venture terms.

The building is of masonry construction and features a loading area located within a gated secure drive access.

Plumbing, electrical, and HVAC are in excellent working order, most of which was replaced in 2019.

The property is sited on two levels: the ground level, with twelve foot ceilings, and a below-grade level with ceilings over twelve feet high.

The site was previously a retail furniture business, and has been remodeled into a cultivation facility following the plans of an experienced and respected designer/architect.

Equipment (not a complete list):

• Cannabis grow tables “Active Aqua” mix of 4’x4’. and 4'x8'

• Cannabis drying racks

• Lennox 5 ton multi speed commercial air handler, multi-position (M/N CBX32M-060-460-6-06)

• Wall fans “Comfort Zone”

The facility and its location offer a number of potential additional uses in the future:

• lab

• delivery (retailer, non-storefront)

• dispensary

• training facility

• processing & manufacturing

Listing Contacts

BH
CA 01239289, CA BRE #01239289
Marcus & Millichap - Palm Springs
Listed by Marcus & Millichap - Palm Springs

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