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Listed at $1.00
Location: Parachute
Type: Leasehold
MLS: 182428
Built in 2019

111 Diamond Loop, Suite B is a 23,520 SF greenhouse located in the Town of Parachute's light industrial zoning district. Formerly a marijuana cultivation facility, Suite B has four greenhouses of 4,200 SF each, 4,704 SF for trimming and processing, separate drying and curing vaults, storage and minimal office space. The suite has an extensive security system including 360-degree cameras, fixed cameras, infrared sensors, keypad entry and sirens. Together with Suite A (currently occupied), the building totals 38,828 SF on 2.62 acres and features ample parking. The property is located approximately one mile from I-70 exit 75, providing convenient east/west access throughout Colorado. The City of Grand Junction, with a population of 68,000 people and situated 30 minutes from the subject property, recently approved the sale of recreational marijuana via eight new stores. Previously, the only option to purchase recreational cannabis in the Grand Valley was in Palisade. Grand Junction's approval is expected to create a significant amount of new demand for cannabis in the area.