15000 Picadilly Rd., Brighton, CO 80603 - Adams County

An incredible opportunity to own a 100% leased, high production, 486,000 square foot greenhouse facility strategically located north of the greater Denver metro area. Secured by a long term ground lease, the Brighton Organic Greenhouses is an institutional quality facility with a significant income stream and future development potential. This asset is uniquely positioned to meet the future needs of the Rocky Mountain Region.

Land

Located 1.5 miles from Brighton, CO and within the 298+/- acre Rock Family Farm at an elevation of 4,984 feet , the Greenhouses operate under a long term ground lease with the Farm which provides access to water, utilities and common areas. Four generations of the Rock Family have operated the Farm producing alfalfa, hay and other crops. Their land stewardship is a valuable asset to the Greenhouses.

Improvements

The Greenhouses span approximately 486,000 square-feet across eight different structures which range in size from approx. 35,000 square feet to 65,000 square feet. Six of the Greenhouses have two separated growing areas divided by a central drive-in loading and storage bay providing a dedicated space for harvesting. Each Greenhouse is monitored with a central Galcon system which controls water, fertilization, and climate control. The opaque, two-layer poly roof has an air pocket to retain heat and reduce condensation.

Agriculture

Year round climate controlled growing is provided by the Greenhouses efficient design and operation facilities. Access to 10 acre feet of well water per Greenhouse, monitored fertilization and 486,000 sf of greenhouse space provides users an institutional turnkey operation.

General Operations

Eight Greenhouses For Sale:

486,000 square feet of nursery/greenhouse space

One 36,000 square-foot nursery/greenhouse, a multi-purpose facility, office and conference room

Seven 58,426 65,00 square-foot nursery/greenhouses built within last ten years

Greenhouse Ground Lease is up to seventy 70 years (30 yr initial term, plus four 10 year options)

Greenhouse Ground Lease includes ROFR to purchase the Farm

Greenhouses are 100% leased to credit user through August 2027

Greenhouse annual rent generates approximately $350,000+ net revenue

Location

Located 1.5 miles South of Brighton, Colorado, this property is strategically located in a growth corridor with nearby services and amenities. The location is an optimal one mile from Interstate 76, 15 minutes to Denver International Airport and 20 minutes to Interstates 70 and 25 providing quick distribution access to the greater Denver area.