CannaMLS ID: 3006

Cannabis Property for sale in Desert Hot Springs, CA 92240

Rosewood Cannabis Park – 34,090 SF Industrial for Sale

Created  | Updated 

Price

$ 10,227,000

• $210 per s/f with 2nd Floor Option totaling 68,180 s/f • Financing Available as low as 6%  • Divisible into 2 units  • Great Investment with Potential Cap

listing image

Property

  • Address: 16786 Little Morongo Road

  • Property is: For sale

    The property may be available both for purchase or for lease. Contact listing author for details.

  • Property type: Mixed use

  • Building size (sq ft): 34,900

• $210 per s/f with 2nd Floor Option totaling 68,180 s/f

• Financing Available as low as 6% 

• Divisible into 2 units 

• Great Investment with Potential Cap Rate of over 14% 

• Brand New Tilt-Up Construction

• Single Story – 40 ft. High with Cost Efficient Option to Build 2nd Story

• 8,000 AMP / 480 Volt / 3-Phase

• POA includes 24-hr Security

• Cannabis Friendly City with No Manufacturing Tax

• Agriculture Rates from SoCal Edison for Cultivation

• Reserve your Building Today, Phase 1 Winter 2022

• (3) 17,945 SF with second floor option (35,890 sf) also available

Rosewood is a modern state of the art 37 AC master planned Cannabis Business Park located in the light industrial district of the City of Desert Hot Springs, CA.​ At full build-out it will feature more than 1,000,000 SF of cannabis cultivation, manufacturing, processing, laboratory testing, distribution and non-store front delivery.​ Phase 1 has an approved Conditional Use Permit (CUP 21-3) for 157,900 SF, which meets all requirements for CA state cannabis business licensing.​

Being the first city in the State of California to allow recreational cannabis operations, Desert Hot Springs is one of the most Cannabis Business Friendly environments in California.​ The city has recently reduced their cultivation tax and have also eliminated city manufacturing tax.​

In the Rosewood Cannabis Park, Phase 1 consists of a total of seven free standing tilt-up construction buildings: five 17,945 SF and two 34,090 SF.​ Phases 2, 3 and 4 will each consist of a total of seven free standing tilt-up construction buildings: five 17,945 SF and two 34,090 SF.​

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