36450 Bankside Drive, Cathedral City CA, 92234

Sold

36450 Bankside Drive

Cathedral City CA, 92234

$2,500,000

Sold

Commercial

Built in 1986

Listed by Paula Turner with Desert Pacific Properties (760) 360-8200

- 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

219069178DA

MLSⓇ ID

March 18, 2024

Updated

Map

36450 Bankside Drive
Cathedral City CA, 92234

Other Property Details

Area Name: 336 - Cathedral City South
Days on Market: 22
Garage: No
Parking Total: 16
View: No
County: Riverside
Pool: No
Buyer Agency Compensation: 3%

Listing Contact: (760) 360-8200

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/18/2024. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 3/18/2024 at 7:24 PM UTC