Posted on February 15, 2022 / 113Listing ID: 348379APPLY FOR A REAL ESTATE LOAN
Cannabis & Hemp Insurance
Price : $5,383,500
Status : ACTIVE
Size : 17,945
APN : 665-110-004
Power (AMPS) : 4,000 AMP/ 480 Volt/ 3-Phase
Cannabis or Hemp Use Allowed? : Cannabis
City Tax Rate : Desert Hot Springs
Year Built : 2022
Utilities : Water, Electricity, Gas, Sewer, Trash
Sale Type : Cash, Financing
Company Name : Desert Pacific Properties
Phone : 760-360-8200

• $210 per s/f  with 2nd Floor Option totaling  35,890 s/f  

• Financing Available as low as 6% 

• Divisible into 2 units 

• 3 buildings left

• Great Investment with Potential Cap Rate of over 14% 

• Brand New Tilt-Up Construction

• Single Story – 40 ft. High with Cost Efficient Option to Build 2nd Story

• 4,000 AMP / 480 Volt / 3-Phase

• POA includes 24-hr Security

• Cannabis Friendly City with No Manufacturing Tax

• Agriculture Rates from SoCal Edison for Cultivation

• Reserve your Building Today, Phase 1 Winter 2022

• 34,090 SF with second floor option (68,180 sf) also available

Rosewood is a modern state of the art 37 AC master planned Cannabis Business Park located in the light industrial district of the City of Desert Hot Springs, CA.​ At full build-out it will feature more than 1,000,000 SF of cannabis cultivation, manufacturing, processing, laboratory testing, distribution and non-store front delivery.​ Phase 1 has an approved Conditional Use Permit (CUP 21-3) for 157,900 SF, which meets all requirements for CA state cannabis business licensing.​

Being the first city in the State of California to allow recreational cannabis operations, Desert Hot Springs is one of the most Cannabis Business Friendly environments in California.​ The city has recently reduced their cultivation tax and have also eliminated city manufacturing tax.​

In the Rosewood Cannabis Park, Phase 1 consists of a total of seven free standing tilt-up construction buildings: five 17,945 SF and two 34,090 SF.​ Phases 2, 3 and 4 will each consist of a total of seven free standing tilt-up construction buildings: five 17,945 SF and two 34,090 SF.​

Asking Price: Single Story From $5,383,500 ($300/SF)

Two Story From $7,536,900 ($210/SF)

Lease Rate: From $44,863/mo (2.50/SF) NNN

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