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$9,704,950
Est. payment /mo
36,840 SqFt
UPDATED:
09/24/2024 05:31 PM
Key Details
Property Type Commercial
Sub Type Commercial Buildings
Listing Status Active
Purchase Type For Sale
Square Footage 36,840 sqft
Price per Sqft $263
Subdivision Trinidad
MLS Listing ID 227880
Year Built 2020
Lot Size 144.200 Acres
Acres 144.2
Lot Dimensions 144.2 acres
Property Description
Presenting a rare opportunity to own a premier cannabis cultivation facility on 144.2 acres in Trinidad, Colorado. This expansive property is fully equipped for indoor and outdoor cultivation, offering 36,840 sqft of building space with a 14% cap rate. The tenant is a publicly traded cannabis company, and there is a personal guarantee on the current lease. The lease has 3.5 years remaining, which will transfer to the new owner. 4 Indoor Greenhouses - Optimized for year-round growing with climate control and advanced irrigation systems. 3 Large Buildings - Ideal for processing, storage, and expansion of operations. 3 Medium-Sized Garage Buildings - Perfect for equipment storage, vehicles, or additional workspace. 2 Mobile Homes, 8 Shipping Containers/Rail Cars - Offering secure storage for tools, supplies, or product. 4 Sheds - Flexible spaces for various operational needs. The outdoor grow area has ample land for future expansion, making this a prime investment property.
Location
State CO
County Las Animas
Area Outlying
Zoning C
Schools
School District T1
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by Arica Andreatta • Code of the West Real Estate LLC
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Ramona Williams
Broker Associate | License ID: 040045489
Broker Associate License ID: 040045489