36900 El Moro RdTrinidad, CO 81082

For Sale
$9,704,950

High-Cap Retail Investment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional investment opportunity presents a fully operational cannabis cultivation facility situated on a sprawling 144.2-acre lot in Trinidad, Colorado. The property boasts 36,840 square feet of building space, encompassing three large buildings ideal for processing, storage, and operational expansion, along with three medium-sized garage buildings, two mobile homes, eight shipping containers or rail cars, and four sheds providing ample storage and workspace. Four indoor greenhouses, optimized for year-round cultivation with climate control and advanced irrigation systems, are included. The property features a 14% cap rate and a lease with a publicly traded cannabis company, offering a personal guarantee and 5 years remaining. The buildings offer ceiling heights ranging from 11 to 15 feet, and are equipped with 220-volt, 3-phase power. The expansive outdoor area allows for significant future growth potential. Built in 1987, this commercially zoned property (APN 13561300) is priced at $9,704,950. This is a rare chance to acquire a high-performing asset in a burgeoning industry. The property's substantial size, existing infrastructure, and strong tenant provide a compelling investment proposition with significant upside potential. The lease transfer ensures a seamless transition for the new owner. This turnkey operation is ready for immediate income generation and future expansion within the thriving Colorado cannabis market. The property's location in Las Animas County, Colorado, offers access to key transportation routes and resources.

Highlights

  • High ceilings, 11-15 feet.
  • 220-volt, 3-phase power available.

Property Details for 36900 El Moro Rd

Property type
Other retail properties, Other land
Square Feet
36,840 SF
Year Built
1987
Buildings
3
Lot Size (sq. ft)
6,281,352 SF

Location Insight

City
Trinidad
County
Las Animas
State
Colorado
Latitude
37.2243355
Longitude
-104.4865182
36900 El Moro Rd, Trinidad, Colorado

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36900 El Moro Rd
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