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68718 Perez Road

Cathedral City, CA 92234
  • $7,000,000
  • STATUS: Active
  • ON SITE: 235 Days
  • ID#: 219060616DA
UPDATED: 229 min ago
$7,000,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
County:

School Ratings & Info

Listing Agent: Hubbard Stratton Group of Bennion Deville Homes


Description

Brand new and well designed approximately 4000 sq. ft. building specifically constructed for cannabis manufacturing. Incredible opportunity to own a manufacturing and distribution facility with a type 7 Volatile and a 11 & 12 license in the Coachella Valley. This pristine licensed facility can produce distillate, crude, Diamond etc.. and concentrates as well as other packaged products for it's own brand or white labeling. At the current price of THC distillate, if the facility only sold distillate the annual gross revenue generated is 3 million. There NOI is about 2.7 mil. The demand for oil and concentrates has improved and this facility is well positioned to supply a high quality product to more discerning purchasers. Painstaking to detail and engineering has produced a model facility with the finest equipment. The land, building, equipment and businesses that buy our product are all included in our sale.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-08T00:26:55.663. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The M&M Team Realty. Licensed in the State of California, USA.
www.themmteamrealty.com/homes/116214809
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68718 Perez Road Cathedral City, CA 92234

  • Price: $7,000,000
  • Status: Active
  • On Site: 235 Days
  • Updated: 229 min ago
  • ID#: 219060616DA
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
336 - Cathedral City South
County:
Riverside
Area:
336 - Cathedral City South
Property Description
Brand new and well designed approximately 4000 sq. ft. building specifically constructed for cannabis manufacturing. Incredible opportunity to own a manufacturing and distribution facility with a type 7 Volatile and a 11 & 12 license in the Coachella Valley. This pristine licensed facility can produce distillate, crude, Diamond etc.. and concentrates as well as other packaged products for it's own brand or white labeling. At the current price of THC distillate, if the facility only sold distillate the annual gross revenue generated is 3 million. There NOI is about 2.7 mil. The demand for oil and concentrates has improved and this facility is well positioned to supply a high quality product to more discerning purchasers. Painstaking to detail and engineering has produced a model facility with the finest equipment. The land, building, equipment and businesses that buy our product are all included in our sale.
Property Features

Listing Agreement Exclusive Right To Sell Listing Service Full Service Special Listing Conditions Standard



Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-08T00:26:55.663. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The M&M Team Realty. Licensed in the State of California, USA.
 
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The M&M Team Realty
9230 Mayne St
Bellflower CA, 90706
Listing Agent: Hubbard Stratton Group of Bennion Deville Homes