---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-21-027475"
form_type: "8-K"
ticker: "PW"
cik: "0001532619"
company_name: "Power REIT"
filed_at: "2021-11-08T23:59:59+00:00"
generated_at: "2026-06-28T11:27:20.863312+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Power REIT enters new 20-year triple-net lease for CO property; old tenant recovered 36%

## Summary
- Terminated lease with Original Cannabis Growers of Ordway LLC; received $483,743 in rent (36% of $1,358,664 investment).
- New 20-year lease with Golden Leaf Lane LLC (6-month deferred rent) provides full capital return over 3 years.
- After capital recoup, base rent yields ~13% annual return, increasing 3% per year.
- Property is 5.2-acre medical cannabis facility in Crowley County, Colorado.

## SEC filing metadata
- accession: 0001493152-21-027475
- form_type: 8-K
- ticker: PW
- cik: 0001532619
- company_name: Power REIT
- filed_at: 2021-11-08T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1532619/000149315221027475/0001493152-21-027475-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1532619/000149315221027475/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-21-027475
- JSON: https://secwatch.observer/filing/0001493152-21-027475.json
- Plain text: https://secwatch.observer/filing/0001493152-21-027475.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.