1920 Mercantile LnCoalinga, CA 93210

Property Details for 1920 Mercantile Ln

Property size (Sq ft)

35,917 SF

Property type

Industrial properties

Property subtype

Manufacturing properties

Description

This exceptional investment opportunity presents a 35,917-square-foot, single-story Class B industrial manufacturing building located at 1920 Mercantile Ln, Coalinga, CA 93210. The property sits on approximately 1.56 acres and boasts a 26-foot ceiling height. Currently 100% occupied by Planet 13, a leading cannabis cultivation company, a new 15-year sale-leaseback agreement will be executed at the close of escrow, providing a passive, absolute NNN investment with no landlord responsibilities. The building features substantial infrastructure, including 61 roof-mounted HVAC units and a maintenance-free concrete parking lot. Fully gated and secured, the property includes perimeter security cameras. The building was purpose-built for cannabis cultivation and distribution, representing a significant investment in high-end construction. Planet 13's substantial revenue growth (70% year-over-year increase from 2020 to 2021) and debt-free status further solidify this investment's stability. The property is zoned Commercial

Location Insight

City

Coalinga

County

Fresno

State

California

Latitude

36.135

Longitude

-120.327

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].