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- LoopNet Team
68816 Summit Dr
Cathedral City, CA 92234
Property For Lease
PROPERTY OVERVIEW
This building has 15 ft + high ceilings, power upgraded to 1600 amps 277/480. Approved Cannabis license and CUP for Stacked cultivation, manufacturing, distribution, transportation. This building has the potential to generate massive cash. See attached approved floorplan. The owner is currently doing the required exterior CUP required improvements and has also contracted an architect and engineer to finalize the new TI plans for the interior buildout. To get the power upgraded, the License and CUP approved, exterior improvements completed, completed, and get approved TI plan is a 2 to 2 1/2 year process and that is not factoring in any of the hard money cost to get it to this point. New tenant just needs to file for their state license while they are doing their interior buildout and hit the ground running. City License is for sale with TI plans $195,000 LLC.and license as well as approved TI plans is being sold for $195,000.
PROPERTY FACTS
| Property Type | Industrial | Rentable Building Area | 11,440 SF |
| Property Subtype | Manufacturing | Year Built | 1965 |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Rentable Building Area | 11,440 SF |
| Year Built | 1965 |
FEATURES AND AMENITIES
- Fenced Lot
