Investment Overview
1021 Pierce Street is a 28,743-square-foot institutional building on 4.2± acres in Trinidad. The single-story, ADA-accessible structure offers ~15 classrooms, offices, lounge, a gymnasium, a commercial cafeteria and kitchen (hoods, ovens. grease trap, sinks), and 6 bathrooms. Major systems — forced-air gas heat, central A/C, and fire suppression — plus additions (Gym, additional classrooms) were upgraded in 2002. The property is occupied by Chicanos Por La Causa (CPLC), a 56-year-old nonprofit serving 800,000+ individuals annually across 8 states, which runs a Head Start program on site. CPLC is leasing through June 30, 2027, with two 5-year renewal options (180-day notice each). Its on-site commercial kitchen serves as a central production HQ, preparing and shipping meals to CPLC's other locations — making the facility operationally integral to the tenant. This is a rare offering with a strong tenant currently in place, and can potentially be an owner/user opportunity should the tenant vacate.
Investment Highlights
- 28,743 SF building
- Built in 1963
- Zoned E-LDR
- Strategic location in Trinidad area