LAND FOR SALE - PARCEL #27 18366 SKYWALKER CT, DESERT HOT SPRINGS, CA 92240
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Potential Property Render LAND FOR SALE - PARCEL #27 18366 SKYWALKER CT, DESERT HOT SPRINGS, CA 92240
18366 SKYWALKER CT
TABLE OF CONTENTS
Parcel #27 For Sale In Coachillin’ Canna-Business Park
PAGE
03 Coachillin’ Industrial Park
04 The Offering
05 Investment Summary
06 Retail Aerial
07 Parcel Outline & Possible Render
08 Parcel Aerial View
10 Development Layout Example
11 Location Overview
CONTACT INFORMATION
KORENA ELLIS
Vice President
(323) 821-9441
JOSHUA JOSEPH
Senior Associate
(818) 424-2696
Parcel Outline
02 18366 SKYWALKER CT, DESERT HOT SPRINGS, CA 92240
18366 SKYWALKER CT
COachillin’ Industrial Park
Coachillin’ Industrial Canna-Business Park
The 160-acre Coachillin’ Canna-Business
Park (located in the southern California city
of Desert Hot Springs) is bringing together
industry leading professionals with global
affiliations, and stands alone as the first
& largest cooperative canna-business
compound of its kind. It’s designed to
be a center of excellence & innovation,
setting a new standard of sustainability
for California’s budding cannabis industry.
The project is fully-entitled, and –at full build November 2020 Coachillin’ update
out – will feature more than 3,000,000
sq. ft. of sustainable cannabis cultivation,
manufacturing, processing, laboratory
testing, distribution, and touring / education
facilities; all secured 24/7 by retired
military security experts entrusted with the
protection of US Embassies around the world.
The Coachillin’ Canna-Business Park is
unique in that all of the licensed landowners
& tenants will own a proportionate interest
in a collaborative Owner’s Association,
which will share many of the ongoing
costs within the park. This ensures that
operations within the Coachillin’ Project
may collectively achieve economies of
scale, to potentially reduce the burden
otherwise borne by independent operations.
Coachillin’ Investors Pitch
03 18366 SKYWALKER CT, DESERT HOT SPRINGS, CA 92240
18366 SKYWALKER CT
THE OFFERING
Potential Property Render Parcel Outline
The Offering
James Capital Advisors is proud to present parcel #27, a 2.13-acre parcel in the collaborative 160-acre Coachillin’ Canna-Business Park in Desert Hot Springs. Preliminary review
indicates the new owner can build an approximate 2-story, 62,800 SF facility or a smaller building with greenhouses. The Coachillin’ Business Park has finally arrived. Under
development for 5 years, the site has matured and now has the necessary infrastructure and segue for power to build and get your cannabis business growing. The site includes
CUP for cultivation, manufacturing, distribution, and a fast track to licensing. Join the synergy of other top operators like Rove, The Plant Flying Dutchman, & Blue Sky in this soon
to be epic cannabis business park. All brands operating here will be featured in the park’s master plan for a dispensary superstore which will compliment a 150 room Coachillin’
Inn, and a 5,000-seat amphitheater. This is cued up to be an amazing cannabis tourist destination to enhance the exposure to your brand. Build on this site for your own dream
cannabis business facility or build and sell as a net lease investment.
Parcel #27 is ready to entitle and the availability to build up to an approximate 62,800 SF facility. Parcel #27 is at the lowest price point to enter the business park. An additional
1.47-acre conjoined Parcel #26, which preliminary review indicates the parcel can accommodate approx. 44,000 SF, may also be available for sale together with parcel #27.
Desert Hot Springs has a competitive tax structure at a 0% annual manufacturing and Transportation tax and a $10.20 psf bi-annual cultivation. Tax. It is conveniently located
minutes off Interstate-10 for easy access. The parcel also has access to a 1,000 gallon / minute on-site well & a 4-million-gallon water storage reservoir forecasted to produce
reverse osmosis water. Electric rates are lower than the usual commercial rate, co-generation & high-pressure gas lines will be available. The following features are or forecasted
to be in place: on-site vaulting for safe-storage banking; storm-water retention basins; septic and anaerobic digestion systems; air-blown fiber-optic (ABF) network; & internet
availability.
04 18366 SKYWALKER CT, DESERT HOT SPRINGS, CA 92240
18366 SKYWALKER CT
INVESTMENT SUMMARY
Investment Type Development Dynamic & Innovative Cannabis Business Complex - This complex is the first of its kind to have a cannabis ancillary
business alongside a planned 5,000-seat amphitheater, a 150-room hotel & a dispensary feat. the business operators
Parcel Number 27 of the park.
Street Address 18366 Skywalker Ct Lower Operational Costs with Economy of Scale - Participate in reduced energy rates, shared security patrol,
1,000 GPM water well, 4-million-gallon reservoir forecasted to produce reverse osmosis water available to parcel
City Desert Hot Springs owners, shared water retention basin to meet CEQA requirements, and the convenience of on-site vaulting and a
CA testing lab.
State
Get it Right from the Start - Build up to an approximate 62,800 SF facility to your own specifications with a
Zip 92240 prearranged fast track to licensing. Don’t waste your money reconfiguring another building improvising to make it
APN 666-340-034 fit your use.
Competitive Cannabis Tax Rates - Desert Hot Springs has zero manufacturing and transportation excise taxes and
$10.20 PSF for cultivation and distribution above 3,000 SF.
$ $1,299,000 2.13 AC Additional Parcel - Conjoined to parcel #27 is the 1.47 AC parcel #26. It may be possible to purchase both at a
List Price Lot Size competitive price, combining for 3.60 acres with a total build out of 112,000 SF for your dream canna-business.
Convenient Location - Coachillin’ is conveniently located immediately off the 10 freeway with a straight shot to the
greater Los Angeles area, and access to all the counties in SoCal…San Diego County, Orange County, Riverside
County, San Bernardino County, Ventura County etc.
Potential Property Render Parcel Outline
05 CONTACT KORENA ELLIS
18366 SKYWALKER CT
RETAIL AERIAL
06 18366 SKYWALKER CT, DESERT HOT SPRINGS, CA 92240
18366 SKYWALKER CT
Parcel Outline & Possible Render
Parcel Outline
Parcel Outline
Potential Property Render
07 18366 SKYWALKER CT, DESERT HOT SPRINGS, CA 92240
18366 SKYWALKER CT
Parcel Aerial View
08 18366 SKYWALKER CT, DESERT HOT SPRINGS, CA 92240
18366 SKYWALKER CT
Parcel Aerial View
09 18366 SKYWALKER CT, DESERT HOT SPRINGS, CA 92240
18366 SKYWALKER CT
Development layout Example
10 18366 SKYWALKER CT, DESERT HOT SPRINGS, CA 9224018366 SKYWALKER CT
LOCATION OVERVIEW
Desert Hot Springs
Desert Hot Springs is a city in Riverside County, California, United States. The city is located within the Coachella
Valley that include Palm Springs, La Quinta, Palm Desert, Indio, Cathedral City & Coachella. The population for
Desert Hot springs was an estimated 28,878 in 2019. Desert Hot Springs is nestled between two mountain
ranges: San Bernardino Mountains and San Jacinto Mountains. It is located just south of Big Morongo Canyon
Preserve and Joshua Tree National Park. It is located in the Colorado Desert region of the Sonoran Desert.
Desert Hot Springs is a healing oasis home to some of the purest hot and cold mineral springs in the world
thanks to an underground aquifer beneath the city. Many boutique hotels feature their own mineral pools and
spas where you can take to the waters and let the cares of daily life float away. It is one of several places in the
world with naturally occurring hot and cold mineral springs. More than 20 natural mineral spring lodgings can
be found in town.
Desert Hot Spring’s natural beauty is equally transformational and inspiring. The spa city is nestled at the base of
the San Bernardino Mountains near the Mission Creek Preserve, a protected part of the Wildlands Conservancy
that includes lush wetlands, a perennial stream, and native flora and fauna waiting to be explored.
Coachella Valley
The Coachella Valley is best known as the location of several wintertime resort cities The valley extends
approximately 45 mi southeast from the San Gorgonio Pass to the northern shore of the Salton Sea, and is
approximately 15 mi wide along most of its length. The valley is also known for a number of annual events,
including the Coachella Valley Music and Arts Festival, the Stagecoach Country Music Festival, the Riverside
County Fair and National Date Festival, all held in Indio. Other events include the Palm Springs Modernism
Week, Palm Springs International Film Festival, the ANA Inspiration and Desert Classic golf tournaments, and
the Indian Wells Masters tennis tournament. It is estimated that 3.5 million conventioneers and tourists visit the
valley each year.
11 18366 SKYWALKER CT, DESERT HOT SPRINGS, CA 9224018366 SKYWALKER CT
LOCATION OVERvIEW
1. Desert Hills Premium Outlets
20 Min Drive
17 Miles From Subject Property
2. Palm Springs Aerial Tramway
27 Min Drive
14 Miles From Subject Property
3. Cabot’s Pueblo Museum
15 Min Drive
7.3 Miles From Subject Property
4. Indian Canyons
23 Min Drive
14.9 Miles From Subject Property
5. Morongo Casino
18 Min Drive
15.7 Miles From Subject Property
6. Palm Springs Art Museum
24 Min Drive
13.5 Miles From Subject Property
12 18366 SKYWALKER CT, DESERT HOT SPRINGS, CA 9224018366 SKYWALKER CT
LOCATION OVERvIEW
01 02 03
Desert Hills Premium Outlets Palm Springs Aerial Tramway Cabot’s Pueblo Museum
Desert Hills Premium Outlets is home to the largest The Palm Springs Aerial Tramway in Palm Springs, Cabot’s Pueblo Museum is an American historic house
collection of luxury outlets in California. Just over an California, is the largest rotating aerial tramway in the museum located in Desert Hot Springs, California, and
hour drive from Los Angeles, the outdoor shopping world. It has been one of their main tourist attractions built by Cabot Yerxa, an early pioneer of the Colorado
center features 180 designer stores. since 1963. Desert.
04 05 06
Indian Canyons Morongo Casino Palm Springs Art Museum
Indian Canyons is home to a spectacular seasonal Morongo Casino, Resort & Spa is an Native American Palm Springs Art Museum has a wide-reaching and
60-foot waterfall, rock art, ancient irrigation systems, gaming casino. The casino has 310 rooms and suites. growing permanent collection of over 12,000 objects
native wildlife, and plants. This Canyon is sacred to the A 44-acre, 27-story resort, Morongo is one of the rooted in modern and contemporary art, architecture
Agua Caliente Band of Cahuilla Indians. largest casinos in California. & design.
13 18366 SKYWALKER CT, DESERT HOT SPRINGS, CA 9224018366 SKYWALKER CT
DEMOGRAPHICS
POPULATION 1-Mile 3-Mile 5-Mile
2025 Projection 66 6,881 56,813
2020 Estimate 63 6,429 53,634
2010 Census 60 5,288 47,539
Growth ‘20 - ‘25 4.76% 7.03% 5.93%
Growth ‘10 - ‘20 5.0% 21.58% 12.82%
HOUSEHOLDS 1-Mile 3-Mile 5-Mile
2025 Projection 25 2,146 19,979
2020 Estimate 24 2,008 18,946
2010 Census 23 1,653 17,169
Growth ‘20 - ‘25 4.17% 6.87% 5.45%
Growth ‘10 - ‘20 4.35% 21.48% 10.35%
Average Income $50,852 $44,475 $59,987
Median Income $36,250 $35,513 $40,995
14 18366 SKYWALKER CT, DESERT HOT SPRINGS, CA 92240JAMES CAPITAL ADVISORS, INC.
DISCLAIMER
The information contained in this Marketing Brochure has been obtained from sources believed to be reliable, but the accuracy or completeness of the information contained therein cannot be guaranteed. James
Capital Advisors, Inc. (“Broker”) has not, and will not, verify any of this information, nor has Broker conducted, nor will it conduct, any investigation regarding these matters. Broker makes no representations, guar-
antees, or warranties of any nature about the accuracy or completeness of any information provided. The information provided in this brochure is in no way a substitute for a thorough due diligence investigation
by Buyer. Broker has made no investigation of, and has made no representations, guarantees, or warranties of any nature, with regard to income and expenses for this property nor the future financial performance
of the property. In addition, Broker has made no investigation of, and has made no representations, guarantees, or warranties as to the size and square footage of the property, the presence of any contaminating
substances at the property, the physical condition of the property or compliance with any State, Local or Federal regulations. In addition, Broker has made no investigation of, and has made no representations,
guarantees, or warranties of any nature, with regard to the financial condition or future financial condition of any tenants, nor any future plans or intentions of tenants with regard to the continued occupancy of the
property. All parties are aware that Broker has no affirmative obligation to conduct a due diligence examination of the property for any Buyer. Any and all projections or estimates used in this Marketing Brochure
are for example only and do not represent the current or future performance of this property. Therefore, Broker assumes no legal responsibility for accuracy or completeness of this information, and expressly
disclaims all representations, guarantees, or warranties related thereto.
The value of the property to any Buyer depends on numerous factors that must be evaluated by Buyer and Buyer’s legal, tax, construction, and financial advisors. Buyer and Buyer’s advisors should conduct a
thorough, independent investigation of the property to determine its suitability for Buyer’s intended usage. This investment, as with all real estate investments, carries a substantial risk. As such, Buyer and Buyer’s
legal and financial advisors are strongly advised to request and review all legal and financial documentations related to the property and tenants.
A tenant’s past performance is not a guarantee of future performance. The lease rate stated for some properties may be based on a tenant’s projected sales with little or no record of actual performance or com-
parable rents for the area in question. Returns are in no way guaranteed. Tenants may fail to pay the rent or property taxes or any other tenant obligations under the terms of the lease or may default under the
terms of such lease. Regardless of tenant’s history of performance, and/or any lease guarantors and/or guarantees, Buyer is responsible for conducting Buyer’s own investigation of all matters related to any and
all tenants and lease agreements. Broker is not, in any way, responsible for the performance of any tenant or for any breach or default by any tenant of any terms of any lease agreement related to the property.
Further, Buyer is responsible for conducting Buyer’s own independent investigation of all matters related to the value of the property, including, but not limited to, the value of any long-term leases. Buyer must
carefully evaluate the possibility of tenants vacating the property or breaching their leases and the likelihood and financial impact of being required to find a replacement tenant if the current tenant should default
and/or abandon the property. Buyer must also evaluate Buyer’s legal ability to make alternate use of the property in the event of a tenant abandonment of the property.
CONFIDENTIALITY
This Marketing Brochure and the information contained within, is propriety and strictly confidential. It is intended to be used only by the party receiving it from Broker. It should not be made available to any other
person or entity without the express written consent of Broker.
release
This Marketing Brochure has been prepared to provide basic, unverified information for prospective purchasers. By accepting this Marketing Brochure, the recipient agrees to release and hold harmless Broker
from any claim, demand, liability or loss arising out, or relating in any way, to the information contained in this Marketing Brochure and from Buyer’s investigation of the property. In no event shall James Capital
Advisors, Inc. or Broker be liable to any party for any direct, indirect, special, incidental, or consequential damages of any kind whatsoever arising out of the use of this Marketing Brochure or any information
contained herein.
NON-ENDORSEMENT
Broker is not affiliated with, endorsed by or sponsored in any way by any tenant or lessee identified in this Marketing Brochure. The presence of any entity’s logo or name is not intended in any way to indicate
affiliation, sponsorship or endorsement by said entity of Broker.
15 www.jamescapitaladvisors.com @jamescapitaladvisorsJAMES CAPITAL ADVISORS, INC.
CONTACT INFORMATION
LISTING AGENTS
Korena (323) 821-9441
Ellis korena.ellis@jamescapitaladvisors.com
Vice President CA RE Lic. 01430539
Joshua (818) 424-2696
Joseph joshua.joseph@jamescapitaladvisors.com
Senior Associate CA RE Lic. 02068313
Potential Property Render
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