2006-2200 Freedom Rd
Trinidad, CO 81082
Trinidad Plaza · Retail Property For Sale

Trinidad Plaza is a 63,837-square-foot retail center located in Trinidad, Colorado. Trinidad Plaza sits on 6.56 acres of land and has ample visibility from I-25 and Freedom Frontage Road and has two conveniently located access points. The property is currently 100 percent occupied with a synergistic mix of Internet-resistant retailers. With minimal competition in the immediate sub-market, the property is well-positioned to maintain strong occupancy levels and income generation for years to come. The property has maintained occupancy of 95 percent or greater for the past decade and the average combined tenant occupancy is nearly 11 years, which speaks to the stability of the property. Offered at a approximately a nine percent cap on existing, in-place net income, the property allows an incoming investor an opportunity to purchase the property with strong real estate fundamentals, long-term historical occupancy, and investment growth potential through sub-market growth and increasing rental rates. The property offers an investor a great opportunity to own a strategically-located retail strip center, in a region where the supply of income producing properties is limited. The attractive return on investment and intrinsic real estate value provides an incoming investor the opportunity to immediately generate strong positive cash flow.