CannaMLS ID: 2945

Marijuana Cultivation Property for sale in Desert Hot Springs, CA 92240

34,090 Buildings for Lease or Lease Option

Created  | Updated 

Price

$ 67,839

■ (2) 34,090 SF Free Standing Shell Buildings ■ Brand New Tilt-Up Construction ■ Excellent Investment Opportunity ■ Each Building is Designed for 2 Uni

listing image

Property

  • Address: 16840 Little Morongo Rd

  • Property is: For lease

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

  • Property type: Agriculture, Industrial

  • Monthly lease rate: $ 67,839

  • Building size (sq ft): 34,090

■ (2) 34,090 SF Free Standing Shell Buildings

■ Brand New Tilt-Up Construction

■ Excellent Investment Opportunity

■ Each Building is Designed for 2 Units

■ Single Story – 30 ft High with Cost Efficient Option to Build 2nd Story totaling 68,180 SF ($210/SF)

■ 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 Spring 2023

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 single story buildings with option to build second story.​ 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 single story buildings with option to build second story.​

Lease Rate: $1.99/SF/MO NNN

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