68342 Kieley Rd
Cathedral City, CA 92234
Industrial Property For Sale

Net income 5.7% Return * Hemp oil extraction site with a 30-year lease sale of 3.5 million 1. This investment has much better leases than the market -$ 200,000 rent per year, paid monthly. Automatically increase lease amount by 5% -Triple Net (tenants are responsible for all property taxes, repairs, licenses, licenses and all utilities and public expenses, including city requirements for improvement) -30-year stable lease, this year is the first year   2. This plant is a hemp oil extraction site. In addition to the real estate, the landlord has invested about 1.3M in interior decoration and machinery. After the tenant moved in, he invested about 250,000 US dollars to beautify the external environment to meet the requirements of government regulations.   3. This factory is one of the few legally licensed cannabis oil extraction plants. The factory's machine can extract about 200lb of hemp oil a year. The wholesale price of cannabis oil is US $ 15-20 per gram. The profit is very good and there can be no financial problems. (If there is really a problem, this factory is very easy to rent at a high price because it has a cannabis extract manufacturing license. It can even run it on its own, making greater profits.)   4. The tenant is a subsidiary of a Canadian listed company established in the United States and a legitimate cannabis company. This listed company has different factories and retail stores in the United States / Canada, and actively integrates the industry chain vertically. Owns two plots. The existing factory / warehouse is only on one plot, and the other plot APN has not yet opened a warehouse. Tenants are likely to develop in the future. The lease includes two plots of land. High value-added potential! Note: The lease cannot be cancelled due to legal contract restrictions.