Language and Region
Currency

This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.

Email*

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

Send me a copy

942 characters remaining

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

13310 Little Morongo Rd - Building 2

37,000 SF Industrial Condo Unit Offered at $5,062,750 CAD in Desert Hot Springs, CA 92240

.mosaic-column{display:inline-block!important;height:100%!important;width:auto!important}.mosaic-tile i{display:none!important}.mosaic-tile img{height:100%!important;width:auto!important}

INVESTMENT HIGHLIGHTS

16% CAP RATE! -Single Tenant NNN Leased Investment Building
Located in Morongo Business Park
Short Sale - Submit all offers

37,000 SF Fully Entitled Turnkey Mixed Light Cannabis Facility
10,000 SF Headhouse; 27,000 SF Mixed Light Greenhouse
Reduced from $5M Sold in 2021 for $7,684,000

PROPERTY FACTS

Price	$5,062,750 CAD	Building Class	B
Unit Size	37,000 SF	Floors	1
No. Units	1	Typical Floor Size	69,000 SF
Total Building Size	69,000 SF	Year Built	2018
Property Type	Industrial (Condo)	Lot Size	14.62 AC
Property Subtype	Warehouse	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Sale Type	Investment NNN	Sale Condition	Distress Sale

Price	$5,062,750 CAD
Unit Size	37,000 SF
No. Units	1
Total Building Size	69,000 SF
Property Type	Industrial (Condo)
Property Subtype	Warehouse
Sale Type	Investment NNN
Building Class	B
Floors	1
Typical Floor Size	69,000 SF
Year Built	2018
Lot Size	14.62 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Sale Condition	Distress Sale

1 UNIT AVAILABLE

Unit A

Unit Size	37,000 SF	Cap Rate	15.68%
Price	$5,062,750 CAD	NOI	$793,625.09 CAD
Price Per SF	$136.83 CAD	Sale Conditions	Distress Sale
Condo Use	Industrial	APN/Parcel ID	633-271-027, 633-271-028, 633-271-029, 633-271-030, 633-271-031, 633-271-032
Sale Type	Investment

Unit Size	37,000 SF
Price	$5,062,750 CAD
Price Per SF	$136.83 CAD
Condo Use	Industrial
Sale Type	Investment
Cap Rate	15.68%
NOI	$793,625.09 CAD
Sale Conditions	Distress Sale
APN/Parcel ID	633-271-027, 633-271-028, 633-271-029, 633-271-030, 633-271-031, 633-271-032

DESCRIPTION

This 37,000 SF Mixed Light Cannabis Facility has a square footage breakdown that devoted 10,000 SF to the Headhouse
and the remaining 27,000 SF are the Mixed Light Greenhouse.