36450 Bankside Drive, Cathedral City, CA 92234

$2,500,000
8,054
SqFt
Sold Price
$2,500,000
List Price
$3,000,000

Property Description

- 8,054 SF State of the art manufacturing extraction facility - 12% Cap Rate $30,202 month ($3.75 per S/F NNN) - Single Tenant Lease expires 04/20/23 with (2) 5-year options to extend - Licensed Cannabis Facility - approved CUP 16-044 - allows distribution, manufacturing, and dispensary - Located in the heart of the Cathedral City adjacent to many other cannabis facilities on Bankside Drive - Seller financing available

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Listing courtesy of Desert Pacific Properties. Selling Office: .