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Investment Highlights

  • Fee simple ownership opportunity for investors or owner/users to secure a 7,729 SF asset comprising two industrial concrete tilt-up units.
  • Flexible suite configurations and CBP-2 zoning allow for a variety of industrial, warehouse, cannabis manufacturing, and service commercial users.
  • Existing cannabis manufacturing improvements, 12-foot clear heights, fenced parking area, and fire sprinklers support efficient operations.
  • Prominent Cathedral City location with swift access to Interstate 10, Highway 111, and Palm Springs International Airport, 5.4 miles away.

Executive Summary

Positioned for both investors and owner/users, 8739 Summit Drive in Cathedral City is a 7,729-square-foot industrial asset offering a rare combination of operational flexibility and specialized cannabis infrastructure in the Coachella Valley. The property consists of two concrete tilt-up units, including a 3,883-square-foot front unit and a 3,846-square-foot rear unit, creating multiple occupancy and business-use scenarios. With a fenced parking area, flexible suite configurations, and a motivated seller, the opportunity is well-suited for industrial, warehouse, service, commercial, and cannabis-related operations seeking fee-simple ownership and long-term control of their real estate.

The front unit has been built out for cannabis manufacturing, offering a distinct advantage for users seeking existing improvements in a highly specialized sector. The property features 12-foot clear heights, fire sprinklers, all utilities to the site, and zoning within the CBP-2 Commercial Business Park District, which permits dispensary, cultivation, manufacturing, distribution, and testing laboratory uses with a Conditional Use Permit. Cannabis licenses, CUPs, and equipment are available separately, further enhancing the property's potential as a turnkey manufacturing or distribution platform while preserving flexibility for traditional industrial users.

Located on the west side of Summit Drive just north of Perez Road in Cathedral City, the property benefits from convenient regional connectivity throughout the Coachella Valley and Southern California. Its proximity to major transportation corridors, including Interstate 10 and Highway 111, supports efficient movement of goods and services, while Palm Springs International Airport is approximately 5.4 miles away, providing additional logistical convenience. The surrounding industrial corridor continues to attract manufacturing, distribution, and commercial service businesses drawn to the region’s accessibility and business-friendly environment. Whether pursued as an owner/user headquarters, a specialized cannabis manufacturing facility, or a multi-tenant industrial investment, 8739 Summit Drive offers a versatile platform within one of the Coachella Valley’s established industrial markets.

Property tours are available by appointment only. Please contact the listing broker to schedule.

Matterport 3D Tours

3D Exterior

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Offering Memorandum Click Here to Access

More Attachments

68739 Summit Dr

Data Room Click Here to Access

Market Analytics Click Here to Access

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Market Sale Price per SF

Inland Empire - CA USA

Market Cap Rate

Inland Empire - CA USA

Market Sale Price per SF by Star Rating

1 - 2 Star

3 Star

4 - 5 Star

Market Cap Rate by Star Rating

1 - 2 Star

3 Star

4 - 5 Star

Market Sale Price per SF Distribution

Market Cap Rate Distribution

Property Facts

Sale Type Investment
Sale Condition Auction Sale
Type of Ownership Fee Simple
Property Type Industrial
Property Subtype
Service
  • Flex Light Manufacturing
  • Industrial Distribution
  • FlexLight Distribution
Building Class C
Lot Size 0.36 AC
Rentable Building Area 7,729 SF
No. Stories 1
Year Built 1973
Tenancy Single
Parking Ratio 0.82/1,000 SF
Clear Ceiling Height 12’
No. Drive In / Grade-Level Doors 1
Opportunity Zone Yes
Zoning CBP-2 - Commercial Business Park District, which allows for Dispensary,Cultivation, Manufacturing, Distribution and Testing Lab with a Conditional Use Permit
Parcel Number 687-162-003

Utilities

  • Lighting
  • Gas
  • Water
  • Sewer
Somewhat walkable
30/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100

About Coachella Valley

Strong historical rent growth and high occupancy rates attract investors to industrial assets in the Coachella Valley. Private investment companies dominate sales activity, while owner-users, institutional investors, and REITs also invest in the area on occasion.

Tenant demand for distribution space remains strong and stems from local agriculture producers. Businesses in Coachella Valley can transport goods to and from the ports of Southern California in a few hours and reach most cities across the Southwest within a day’s drive. Local serving businesses and small manufacturing companies are attracted to the area's lifestyle, business-friendly environment, and access to nearby coastal markets. While land is available for development, construction activity has been limited in recent years.

Demographics

Regional Accessibility

50 Miles 50 Mi. 100 Miles 100 Mi. 500 Miles 500 Mi.
City
Population
Miles
Drive Time
San Diego
1,425,976
124
2 h 31 m
Los Angeles
3,990,456
124
2 h 29 m
Phoenix
1,660,272
267
4 h 50 m
Las Vegas
644,644
292
5 h 27 m
San Jose
1,030,119
448
8 h 31 m
San Francisco
883,305
495
9 h 15 m
Access and Labor Force
10 Miles
Total Population
191,056
Total Labor Force
113,746
Unemployment Rate
5.80%
Median Household Income
$81,699
Warehouse Employees
8,460
High School Education Or Higher
91.00%

Sale Advisors

Sale Advisors

Paula Turner, Broker
Paula Turner, co-owner and broker of Desert Pacific Properties, has over 40 years’ experience in Commercial Real Estate with an emphasis on land acquisition and development. Paula has been a resident of the Coachella Valley since 1988. Since 2015 Desert Pacific Properties, under Paula’s leadership, has become a leading source of cannabis real estate with a current inventory of approximately $150 million including Morongo Industrial Park, one of the most successful cannabis business parks in the Coachella Valley. Paula is on the executive board of Coachella Valley Cannabis Alliance Network (CVCAN) and a member of California Cannabis Industry Association (CCIA).

About the Auction Technology

Auctions by Ten-X are the #1 transaction technology powering commercial real estate transactions online. With over $34B in total transactions, these auctions use best-in-class technology and real-time asset intelligence to put listings in the best position to find the perfect buyer. The expedited auction timeline, comprehensive due diligence, and buyer qualification make transactions twice as fast and twice as certain for brokers, owners, and investors.
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Auction Contact

Sophy Cardenas
Auctioneer License: Ten-X Jessica Figueroa RE Brkr 01937601. Ten-X Auction Surety Bond 106465786
  • Listing ID: 41480698

  • Date on Market: 9/4/2026

  • Last Updated:

  • Address: 68739 Summit Dr, Cathedral City, CA 92234

3% Transaction Fee
Based on Winning Bid Amount
Minimum Transaction Fee
$20,000
Maximum Transaction Fee
$300,000
Example Calculation
Winning Bid Amount
$5,000,000
Transaction Fee
$150,000 (3%)
Total Purchase Price
$5,150,000
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