Log In/Sign Up
Your email has been sent.
1021 Pierce St
Trinidad, CO 81082
Specialty Property For Sale
·
28,743 SF
Executive Summary
1021 Pierce Street is a 28,743-square-foot institutional building situated on approximately 4.2 acres in Trinidad. The single-story, ADA-accessible facility features approximately 15 classrooms, offices, a lounge, a gymnasium, a commercial cafeteria and kitchen equipped with hoods, ovens, a grease trap, and sinks, as well as six bathrooms. Major building systems, including forced-air gas heating, central air conditioning, and fire suppression, were upgraded in 2002 alongside the addition of the gymnasium and extra classroom space.
The property is currently occupied by Chicanos Por La Causa (CPLC), a 56-year-old nonprofit organization that serves more than 800,000 individuals annually across eight states and operates a Head Start program at the site. CPLC's lease extends through June 30, 2027, and includes two five-year renewal options, each requiring 180 days' notice. The facility plays a critical operational role for the tenant, as the on-site commercial kitchen serves as a central production hub that prepares and distributes meals to CPLC locations throughout the region.
This offering presents a rare opportunity to acquire a well-maintained institutional asset with an established nonprofit tenant in place. Additionally, the property's specialized improvements and functional layout could make it an attractive owner-user opportunity in the event the tenant elects to vacate in the future.
The property is currently occupied by Chicanos Por La Causa (CPLC), a 56-year-old nonprofit organization that serves more than 800,000 individuals annually across eight states and operates a Head Start program at the site. CPLC's lease extends through June 30, 2027, and includes two five-year renewal options, each requiring 180 days' notice. The facility plays a critical operational role for the tenant, as the on-site commercial kitchen serves as a central production hub that prepares and distributes meals to CPLC locations throughout the region.
This offering presents a rare opportunity to acquire a well-maintained institutional asset with an established nonprofit tenant in place. Additionally, the property's specialized improvements and functional layout could make it an attractive owner-user opportunity in the event the tenant elects to vacate in the future.
Property Facts
| Sale Type | Investment or Owner User | Lot Size | 4.20 AC |
| Cap Rate | 5.55% | Building Size | 28,743 SF |
| Property Type | Specialty | No. Stories | 1 |
| Property Subtype | School | Year Built/Renovated | 1964/2002 |
| Building Class | B | Parking Ratio | 7.14/1,000 SF |
| Zoning | School - Former elementary school property. | ||
| Sale Type | Investment or Owner User |
| Cap Rate | 5.55% |
| Property Type | Specialty |
| Property Subtype | School |
| Building Class | B |
| Lot Size | 4.20 AC |
| Building Size | 28,743 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1964/2002 |
| Parking Ratio | 7.14/1,000 SF |
| Zoning | School - Former elementary school property. |
Amenities
- Signage
- Air Conditioning
- Fiber Optic Internet
- Smoke Detector
Property Taxes
| Parcel Number | 13921500 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $529,730 |
Property Taxes
Parcel Number
13921500
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$529,730
1 of 45
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
