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.
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0BEDS
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144.2ACRES
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0BATHS
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21/2 BATHS
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36,840SQFT
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$263$/SQFT
School Ratings & Info
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.
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Real Estate listings held by companies other than Destination DRO Real Estate Group contain that company’s name.
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This data was last updated: 2025-01-15T23:56:25.77.