Cathedral City CA Commercial for Sale
- Type:
- General Commercial
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.51 Acres
- Year built:
- 1984
- Baths:
- MLS#:
- 219115865DA
ADDITIONAL INFORMATION
■ Built Out for Cannabis Cultivation■ Zoned for Cannabis - Cultivation, Manufacturing, and Distribution■ Single Tenant Tilt Up Industrial Building with paved parking lot and all utilities to site■ 4,000 amp power upgrade, brand new plumbing, fire sprinklers and 160 tons of HVAC■ Motivated Owner - Available 09/02/24■ Three other Adjacent Cultivation Buildings Available
$12,000,000
35900 Date Palm Dr Cathedral City, CA 92234
- Type:
- General Commercial
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 7.51 Acres
- Baths:
- MLS#:
- 219097268DA
ADDITIONAL INFORMATION
80,633 SF Building on 7.51 acres. Signalized intersection. Easy access to Interstate 10 and major arterial roads. Excellent building signage including freestanding pylon signs. New Amazon Last-Mile Distribution Center next door. Amazon deployed over $40 million in capital improvements to the area and will provide $7.7 million a year in salary, benefits and revenue for the city. Previous owner invested $3 million in renovations, including polished floors, 13 new HVAC systems, Title 24 compliant LED lighting, 13 newly installed bathrooms and two broadband halos with 77 access points capable of handling up to 2,800 simultaneous Wi-Fi subscribers. Additional 28,000 square lot available for expansion. Also available for lease for $0.90/SF/MO NNN.
$1,600,000
68686 Summit Drive Cathedral City, CA 92234
- Type:
- Industrial
- Sq.Ft.:
- 6,214
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.4 Acres
- Year built:
- 1978
- Baths:
- MLS#:
- SB23118101
ADDITIONAL INFORMATION
A remarkable opportunity awaits in the bustling Cathedral City GREEN ZONE—an established Opportunity Zone—with this 6,214 sq. ft. industrial asset set on a 17,424 sq. ft. lot. Occupied by a solid Auto Body Shop under a 5-year NNN lease, this investment assures an unburdened cash flow, with the tenant responsible for all property expenses including taxes, insurance, and maintenance. The lease comes with a 5% + CPI annual increase clause, promising a rising income stream that maximizes your investment year over year. The NNN structure of the lease underscores a hassle-free investment, allowing you to enjoy the full benefits of the property's earnings without the need for hands-on management. Nestled in a pro-cannabis city, the property offers versatile use, whether you choose to continue with the existing auto body shop or explore opportunities in the evolving cannabis sector. Its prime location in an Opportunity Zone not only fosters operational growth but also amplifies fiscal gains through potential tax benefits. With a commitment to providing financial clarity and transparency, the comprehensive rent roll will be disclosed to interested buyers, outlining the structured progression of returns. This property is a testament to enduring value and potential in the heart of Cathedral City's industrial district. Seize this exclusive chance to integrate a truly turnkey asset into your investment portfolio. Discover the intersection of secure tenancy, financial growth, and strategic location with this industrial offering in Cathedral City.
Cathedral City Real Estate
The median home value in Cathedral City, CA is $497,450. This is lower than the county median home value of $536,000. The national median home value is $338,100. The average price of homes sold in Cathedral City, CA is $497,450. Approximately 50.52% of Cathedral City homes are owned, compared to 30.27% rented, while 19.21% are vacant. Cathedral City real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Cathedral City real estate agent to arrange a tour today!
Cathedral City, California has a population of 51,836. Cathedral City is less family-centric than the surrounding county with 26.23% of the households containing married families with children. The county average for households married with children is 35.14%.
The median household income in Cathedral City, California is $56,671. The median household income for the surrounding county is $76,066 compared to the national median of $69,021. The median age of people living in Cathedral City is 40.3 years.
Cathedral City Weather
The average high temperature in July is 107.6 degrees, with an average low temperature in January of 45.4 degrees. The average rainfall is approximately 4.8 inches per year, with 0 inches of snow per year.