CATHEDRAL CITY INDUSTRIAL DEALS NOW
- $6,950,000
CATHEDRAL CITY INDUSTRIAL DEALS NOW
- $6,950,000
Description
| 68945 Perez Rd Cathedral City, CA 92234 29,416 SF 77% Leased Industrial Building $6,950,000 ($236.27/SF) 8.66% Cap Rate |
The Industrial High-Yield Jackpot with a Golden Ticket
In today’s market, finding a passive industrial investment is a win. Finding one with an 8.66% cap rate and assumable, low-interest financing? That’s a legend. This property on Perez Road is a financial powerhouse—a stabilized, NNN asset with a national credit tenant and a cash-on-cash return that is virtually unmatched.
Why This Property is a Golden Opportunity
- The Financial Engine: Forget trying to secure new financing at today’s sky-high rates. This asset comes with assumable interest-only financing at an incredible 4% fixed rate until 2028, and a low 4.5% rate through 2033. This is your “golden ticket” to a staggering 14.79% cash-on-cash return, creating a level of profitability that is a rarity in any market.
- The Stabilized & Secure Asset: This is the definition of a low-risk, high-reward investment. The property is a multi-tenant NNN industrial gem, meaning you get passive income without the hassle of property taxes, insurance, or maintenance. Anchoring the property is a national credit tenant, Caliber Collision, who has been operating at this location since 1995. That’s a 30-year track record of stability and commitment that you can take to the bank.
- Location is the Ultimate Amenity: The property is in the heart of the Perez Road corridor, a thriving business district that’s been known as a design and art hub for over 30 years. It’s located adjacent to Highway 111, the main artery connecting the entire Coachella Valley. Surrounded by showrooms, light industrial businesses, and the new Agua Caliente Casino, this is a prime location that will always be in demand.
- Built to Last: The building isn’t just a place to hold tenants; it’s a quality asset. With concrete construction, an upgraded facade, and a new concrete parking lot, this property has been maintained with institutional quality in mind, ensuring its value and appeal for years to come.
Investor “Hot Take” This isn’t just a real estate transaction; it’s a strategic financial move. In a market where high-yield assets are scarce, this property offers a top-tier in-place cap rate combined with an assumable loan that supercharges your return. The long-term, national credit tenant provides stability, while the prime location on Perez Road ensures future appreciation. This is the kind of opportunity you wait for.
| Net Operating Income | $601,830 | $20.46 |
PROPERTY FACTS
| Price | $6,950,000 | Lot Size | 1.72 AC |
| Price Per SF | $236.27 | Rentable Building Area | 29,416 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 8.66% | Year Built/Renovated | 1989/2023 |
| Sale Condition | 1031 Exchange | Parking Ratio | 2.58/1,000 SF |
| Property Type | Industrial | Clear Ceiling Height | 16’ |
| Property Subtype | Showroom | No. Drive In / Grade-Level Doors | 8 |
| Building Class | A | Opportunity Zone | Yes |
| Zoning | I-1 – Light Industrial | ||
✨ Bottom Line:
Don’t miss your chance to own a piece of the desert’s most profitable industrial real estate.
For more information and to schedule an exclusive showing, please reach out to the broker. You can also view more of our listings on our website. argossy.com/properties/
Links
Cathedral City Economic Development
Argossy International Properties
Address
Open on Google Maps- Address: 68945 Perez Rd Cathedral City, CA 92234
- Zip/Postal Code: 92234
Contact Information
View Listings- Marie Cappello – Broker
- 760 507 1222
Enquire About This Property

- Marie Cappello – Broker






