secwatch.observer — SEC 8-K summary
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Issuer:     Power REIT (PW)
CIK:        0001532619
Form:       8-K
Filed at:   2021-11-08T23:59:59+00:00
Accession:  0001493152-21-027475
Event type: other_material
Sentiment:  positive
Materiality: 0.65
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1532619/000149315221027475/0001493152-21-027475-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1532619/000149315221027475/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-21-027475

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