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B-14 15902 Little Morongo Rd

16,460 SF Industrial Building Desert Hot Springs, CA 92240 $5,113,860 CAD ($311 CAD/SF)

Investment Highlights

  • $2 Million Revenue Based Financing to Fund Build Out
  • Low POA Including 24-hr Security: $0.27/SF
  • Developer Applied for a Micro Business License (Type 12) in August and is Included in the Sale of Building
  • (7) - 16,460 SF Buildings Available in Final Phase, Brand New Construction
  • Tenant Improvement CAD Plans Available

Executive Summary

Morongo Industrial Park is a new state of the art project being developed to offer the ultimate business environment for cannabis cultivation and manufacturing. Located in the Light industrial district of Desert Hot Springs, CA, with convenient I-10 access to serve all of Southern California this development has an approved Conditional Use Permit for unlimited cultivation, manufacturing, processing, and meets all requirements for CA state cannabis business licensing. Morongo Industrial Park features 25 free standing buildings totaling 422,731 SF. The business park provides the ultimate opportunity for a business owner to own and operate a new cutting edge facility without the expense or timely process of developing and building on raw land.

Property Facts

Price $5,113,860 CAD
Price Per SF $311 CAD
Sale Type Owner User
Property Type Industrial
Property Subtype Warehouse
Building Class B
Lot Size 0.69 AC
Rentable Building Area 16,460 SF
No. Stories 2
Year Built 2023
Tenancy Single
Clear Ceiling Height 12 ft 3 in
No. Drive In / Grade-Level Doors 1

Amenities

  • Security System
  • Air Conditioning

Utilities

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
666-300-008
Land Assessment
$780,039 CAD
Improvements Assessment
$473,855 CAD
Total Assessment
$1,253,894 CAD

zoning

Zoning Code I-L - Light Industrial (Allows Cultivation & Manufacturing)
I-L - Light Industrial (Allows Cultivation & Manufacturing)
  • Listing ID: 27850732

  • Date on Market: 2023-02-28

  • Last Updated:

  • Address: 15902 Little Morongo Rd, Desert Hot Springs, CA 92240

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