36900 No Site AddressTrinidad, CO 81082

Property Details for 36900 No Site Address

Year built

2020

Lot size

144.20 AC

Property size (Sq ft)

36,840 SF

Property type

Other commercial real estate

Description

This exceptional investment opportunity presents a fully operational cannabis cultivation facility spanning 144.2 acres in Trinidad, Colorado. The property boasts 36,840 square feet of building space, strategically divided into multiple structures to optimize operations. Four indoor greenhouses, equipped with climate control and advanced irrigation systems, ensure year-round cultivation. Three large buildings provide ample space for processing, storage, and future expansion, complemented by three medium-sized garage buildings ideal for equipment and vehicle storage. Additional storage is provided by two mobile homes and eight shipping containers/rail cars. Four sheds offer flexible space for various operational needs. The expansive outdoor grow area allows for significant future expansion. The property currently operates under a lease with a publicly traded cannabis company, with a personal guarantee and 3.5 years remaining, which will transfer to the new owner. This turnkey operation offers a 14% cap rate, making it a highly attractive investment in the thriving Colorado cannabis market. The property's size, infrastructure, and established tenant base position it for continued success and significant return on investment. This is a rare chance to acquire a premier, high-performing cannabis cultivation facility in a prime location.

Location Insight

City

Trinidad

County

Las Animas

State

Colorado

Latitude

37.1632

Longitude

-104.538

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