Morongo Industrial Park – Phase 3 16,460 SF Buildings for Sale or Lease with Option

15850 Little Morongo Rd, Desert Hot Springs, CA 92240, USA
$4,200,000
Lease: $28,805 / month

Details

Listing 4405

Asking Price: $4,200,000 ($255/SF)
Lease Rate: $28,805 ($1.75 /SF NNN)

The property is located on the east side of Little Morongo, just north of Dillon Rd. in the city of Desert Hot Springs. 7 Brand new buildings are available for sale or lease with option to buy. Best for cannabis cultivation, distribution and manufacturing.

Features

  • (7) 16,460 SF Free Standing Shell Buildings
  • Brand new construction
  • Available for Sale & for Lease
  • 1,600 AMPS 3 Phase 480V
  • Low POA including 24-hr security: $0.22/SF
  • No Manufacturing Tax in Desert Hot Springs
  • Agricultural Rates from SCE for Cultivation
  • T.I. ready to start – Approved Plans Available
  • Ideally Located Next To Palm Springs with Convenient
    1-10 Access To Server Southern California
  • Flexible Lease Terms
  • Financing Available

Building includes

  • Refrigerator-Type Insulated Wall and Roof Panels
    • R25 Wall Insulation
    • R41 Roof Insulation
  • Finished Interior Wall Panels
  • Fire Sprinklers
  • Ceiling Heights: 1st Floor:
    • Min 12’3”, 2nd Floor: 12’-14’
  • Heavy Power – 1,600 AMPS
  • Loading Bays w/ 12’ Overhead doors
  • Solar Power Ready Roof System
  • Industrial Elevator/Freight Lift
    • $37,000 Allowance
  • Custom Steel Fabrication

Details

  • Land Use Zoning: I-L (Light Industrial, allows cultivation & manufacturing)
  • APN: 665-080-012,013
  • Electric:
    • Southern Cal Edison
    • Power – 480V 3 Phase
    • B Buildings 1600 Amps
    • Switchgears installed at each building
  • Water:
    • City Water and Advanced Treatment Sewer System
  • Highest and Best Use: Cannabis Cultivation, Manufacturing and Distribution
  • POA: $3,621 ($0.22/SF estimate) includes 24-hr security
  • City CUP Cultivation Permit included with purchase
  • Compliant with Desert Hot Springs business requirements
  • Complete Due Diligence Package including Building Plans Available

Term of Purchase

  • Asking Price: $4,200,000 ($255/SF)
  • Lease Rate: $28,805 ($1.75 /SF NNN)
  • 8% Financing available.

Paula Turner – Desert Pacific Properties – DRE#702492

  • ID: 9380
  • Published: June 20, 2022
  • Last Update: February 28, 2023
  • Views: 1017

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