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36900 County Road 32.4 36,840 SF 100% Leased Industrial Building Trinidad, CO 81082 $9,275,560 CAD ($251.78 CAD/SF) 20.26% Cap Rate
INVESTMENT HIGHLIGHTS
- premier cannabis cultivation facility on 144.2 acres
- Flexible spaces for various operational needs.
- This expansive property is fully equipped for indoor and outdoor cultivation, offering 36,840 sqft of building space with a 14% cap rate.
EXECUTIVE SUMMARY
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.
PROPERTY FACTS
| Price | $9,275,560 CAD | Lot Size | 15.42 AC |
| Price Per SF | $251.78 CAD | Rentable Building Area | 36,840 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Cap Rate | 20.26% | Year Built | 1987 |
| Property Type | Industrial | Clear Ceiling Height | 15’ |
| Property Subtype | Service | No. Drive In / Grade-Level Doors | 5 |
| Building Class | B | Opportunity Zone |
Yes
|
| Price | $9,275,560 CAD |
| Price Per SF | $251.78 CAD |
| Sale Type | Investment or Owner User |
| Cap Rate | 20.26% |
| Property Type | Industrial |
| Property Subtype | Service |
| Building Class | B |
| Lot Size | 15.42 AC |
| Rentable Building Area | 36,840 SF |
| No. Stories | 1 |
| Year Built | 1987 |
| Clear Ceiling Height | 15’ |
| No. Drive In / Grade-Level Doors | 5 |
| Opportunity Zone |
Yes |
AMENITIES
- Fenced Lot
1 1
PROPERTY TAXES
| Parcel Number | 13561300 | Improvements Assessment | $243,597 CAD |
| Land Assessment | $111,604 CAD | Total Assessment | $355,201 CAD |
PROPERTY TAXES
Parcel Number
13561300
Land Assessment
$111,604 CAD
Improvements Assessment
$243,597 CAD
Total Assessment
$355,201 CAD
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36900 County Road 32.4
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