Cove Essential Net Lease Portfolio 89 DST

MO & NC

Asset Class:Single Tenant Portfolio
Leverage:0% - All-Cash/Debt-Free
Location(s):MO & NC
Minimum Investment:$100,000
Offering Type: DST
1031 Exchange Qualified:Yes

Click here for property brochure (IOI)
Schedule a Consultation
Image
Image

    Property Description

    Essential Net Lease Portfolio 89 DST is an all-cash/debt-free offering featuring 2 properties totaling 68,967 Sq Ft. Tenants include Lowe's (Industrial Distribution Facility) and Frito-Lay (Industrial Distribution Facility). Both tenants are considered an essential business that stayed open and paid rent during previous pandemics and recessions.* The properties include a 2022 construction, built-to-suit last-mile industrial distribution center for Lowe's located in Joplin, MO; and a 2024 build-to-suit Frito-Lay last-mile industrial distribution facility located in Franklin, NC. This offering is an all-cash/debt-free DST investment with no risk of a lender foreclosure as well as no risk of lender cash flow sweeps. The portfolio provides significant income potential and diversification to investors from in place lease revenue from some of the largest companies in the world.*

    MSA Details

    The properties are located in Jopin, MO; Franklin, NC, and Grants, NM.

    Property Highlights

    • All-cash/debt-free, Zero Leverage DST Offering - No risk of lender foreclosure
    • 721 Exchange exit potential with full investor optionality
    • High quality new construction essential net lease portfolio with long-term leases
    • 90,897 Sq. Ft portfolio high quality diversified DST investment for investors
    • Sponsor Co-Investment - The Cove Capital principals are investing their own dollars into the offering - helping create an alignment of interests between the sponsor and investors

    Source: Brochure, PPM, Google Maps, CoStar

    The market information provided above may not predict the future performance of the property.

    *Distribution is not guaranteed and is subject to available cash flow. For further information about cash flow distributions from operations and capital events, please refer to the offering’s Private Placement Memorandum.

    Featured Properties

    Property

    COVE ESSENTIAL NET LEASE 81

    • Single Tenant Net Lease pORTFOLIO
    • 0% - All-Cash/Debt-free
    • 1031 Exchange Qualified
    Learn More

    Property

    COVE NET LEASE DISTRIBUTION 64 DST

    • Frankfort, NY
    • 0% - All-Cash/Debt-free
    • 1031 Exchange Qualified
    Learn More

    Property

    COVE DALLAS MULTIFAMILY 59 DST

    • Dallas-Fort Worth MSA
    • 0% - All-Cash/Debt-free
    • 1031 Exchange Qualified
    Learn More

    Risks & Disclosures

    All offerings shown are Regulation D Rule 506c offerings.

    This material has been prepared for accredited investors (generally described as having a net worth of over $1 million dollars exclusive of primary residence) and accredited entities only. If you are unsure if you are an accredited investor and/or an accredited entity, please verify with your CPA and Attorney prior to considering an investment.

    The information herein has been prepared for educational purposes only and does not constitute an offer to purchase securitie or real estate investments. Such offers are only made through the sponsors Private Placement Memorandum (PPM) which is solely available to accredited investors and accredited entities.

    IRC Section 1031, IRC Section 1033 and IRC Section 721 are complex tax concepts, therefore you should consult your legal or tax professional regarding the specifics of your particular situation prior to considering an investment.

    This material is not to be interpreted as tax or legal advice. Please speak with your own tax and legal advisors for advice/guidance regarding your particular situation.

    There are risks associated with investing in real estate and Delaware Statutory Trust (DST) properties including, but not limited to, loss of entire investment principal, declining market values, tenant vacancies and illiquidity.

    Investors should read the PPM carefully before investing paying special attention to the risk section.

    Because investors situations and objectives vary this information is not intended to indicate suitability for any particular investor. Please speak with your CPA and Attorney to determine if an investment in real estate and DST properties is suitable for your particular situation/circumstances.

    Past performance is not indicative of future returns.

    Potential cash flows/returns/appreciation are not guaranteed and could be lower than anticipated.

    There are significant limitations on the ability to sell or transfer interests.

    Expected cash flows and returns may not be realized and a loss of invested capital is possible.

    The Sponsor, Co-Sponsor, Master Tenant, Trustee & Affiliates will all receive substantial fees relating to the syndication, ongoing management and disposition of this offering.

    Securities offered through FNEX Capital, member FINRA, SIPC.

    There are important risks specific to each tenant and their respective leases, including expiration dates, early termination options, renewal options and economics relating to rents paid and expense reimbursements. Should a tenant fail to meet their obligations, terminate early or fail to renew their lease it could have a material negative impact on the financial performance of this property.