65118 San Jacinto Ln
Desert Hot Springs, CA 92240

23k sft Industrial property sitting on 1.26 acres. 532 lights. Fully Licensed and Operational. Asking 300 PSF (6.9M) for the building and 7M for the business. ______ Additionally, there is a larger deal up the street that's fully operational and licensed for Cultivation, Manufacturing and Distribution. It is 45k sft sitting on 2.52 acres Comprised of two 20k Sft Industrial Buildings plus 5k Sft of additional space for processing. Build out includes 704 hps lights and 108 led lights, 180 veg lights. (992 total) Closed water loop system on the existing property. The business is Currently Generating 1200 lbs a month. Operational Since 2018 Ceiling is 13 ft high 15m gross profit in 2022. 4M net profit this year. 10m Net Profit on 25m Gross Profit the Three prior years in a row (2019,2020,2021). Property Appraisal 2 years ago was for 9.5m (March 3, 2020) Power is 8000 amps at 480v 22k sft of existing canopy space. Septic is currently on the property but could be connected to the sewer line. Proof of Funds and NDA needed for all pertinent financial and licensure information. Listed for 20m. Incredible 20% Cap Rate in Year 1! 38 parking spaces Gated lot with full time security. Vacant Lot behind the property is 1.26 acres 32k cup stamped plans ready for construction (2 stories = 64k sft). I've attached a few pictures of the exterior of the property for you to review. Also included in this deal, Vacant lot behind the existing structure that is fully entitled for a two story 64k sft building that could be developed next door to the existing structure). Conditional Use Permit and Plans in place. Please let me know if you have any interest in exploring either one of these deals further. Thank you in advance for your time. I look forward to hearing from you.