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36425 Bankside Dr

8,518 SF Industrial Building Cathedral City, CA 92234 £2,367,000 (£278/SF)

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Investment Highlights

Built Out for Cannabis Cultivation
Paved parking lot and all utilities to site
Three other Adjacent Cultivation Buildings Available

Single Tenant Tilt Up Industrial Building
4,000 amp power upgrade

Executive Summary

¦ Zoned for Cannabis - Cultivation, Manufacturing, and Distribution
¦ 4,000 amp power upgrade, brand new plumbing, fire sprinklers and 160 tons of HVAC
¦ Seller will consider financing to qualified Buyer. Owner may carry with 25% down at 9% interest over 5 years with no prepayment penalty
¦ No City or State Cannabis Licenses are included with the purchase price.

CC - 36425 Bankside Dr (Bldg 2) - IND

CC - 36425 Bankside Dr (Bldg 2) - CAN

Property Facts

Price	£2,367,000	Number of Floors	1
Price Per SF	£278	Year Built	1984
Sale Type	Investment	Tenancy	Single
Property Type	Industrial	Parking Ratio	1.88/1,000 SF
Property Subtype	Manufacturing Industrial Distribution Industrial Warehouse	Clear Ceiling Height	14 ft
Building Class	C	Level Access Doors	4
Lot Size	0.51 AC	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Rentable Building Area	8,518 SF

Price	£2,367,000
Price Per SF	£278
Sale Type	Investment
Property Type	Industrial
Property Subtype	Manufacturing Industrial Distribution Industrial Warehouse
Building Class	C
Lot Size	0.51 AC
Rentable Building Area	8,518 SF
Number of Floors	1
Year Built	1984
Tenancy	Single
Parking Ratio	1.88/1,000 SF
Clear Ceiling Height	14 ft
Level Access Doors	4
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Amenities

Fenced Lot

Roof Lights

1 of 1

aerial
map

36425 Bankside Dr, Cathedral City, CA - aerial map view

PROPERTY TAXES

Parcel Number	687-311-008	Improvements Assessment	£2,619,723
Land Assessment	£431,443	Total Assessment	£3,051,165

PROPERTY TAXES

Parcel Number

687-311-008

Land Assessment

£431,443

Improvements Assessment

£2,619,723

Total Assessment

£3,051,165

zoning

Zoning Code	CBP-2 (Commercial Business Park District, which allows for Dispensary, Cultivation, Manufacturing, Distribution and Testing Lab with a Conditional Use Permit)
CBP-2 (Commercial Business Park District, which allows for Dispensary, Cultivation, Manufacturing, Distribution and Testing Lab with a Conditional Use Permit)