Alder 22

114± acres of prime farmland historically farmed to a mix of vegetables and currently farmed to Bermuda grass. Alder 22 benefits from proximity to the City of Calexico and offers potential upside from future development.

Ideally located along Highway 111 just north of the City of Calexico and within the boundary for public facilities from the unincorporated community of Heber, Alder 22 provides the perfect opportunity to pursue a Specific Plan that could include a mix of much needed housing, regional serving commercial, highway commercial and industrial. The property benefits from a favorable land use and Highway 111 frontage at a signalized interchange at the southeast corner, allowing for easy access and great visibility for the vehicle and truck traffic moving through the Calexico Port of Entry. In addition, the tenant participates in Deficiency Irrigation Program with a 35% share to the landowner. 2024 DIP payments equated to additional $145± per acre in rent payments to Landlord.

Property is currently leased through June 2027; however, lease buyout may be an option.