Cove Fort Worth Small Bay Industrial 96 DST
Fort Worth, TX
| Asset Class: | Industrial |
| Leverage: | 0% - All-Cash/Debt-Free |
| Location(s): | Fort Worth, TX |
| Minimum Investment: | $100,000 |
| Offering Type: | DST |
| 1031 Exchange Qualified: | Yes |
Property Description
Fort Worth Small Bay Industrial 96 DST is an all-cash/debt-free asset featuring a 53,300 Sq. Ft. four-building flex industrial park in North Fort Worth, Texas. The property is located in highly sought after North Fort Worth was easy accessibility to major highways including 287, 114, & I-35. The property has a diverse tenant mix with upside potential via marking rents to market and renewing and extending leases.
The offering provides investors with full optionality with its potential 721 exchange UPREIT exit strategy. This is preferred in that investors will be given the choice as to whether they want to participate in the 721 exchange or not.
Property Highlights
- Highly sought after small bay industrial asset class
- Located in the income tax-free state of Texas
- Sponsor Co-Investment: The Cove Capital principals are investing their own dollars into the offering - creating an alignment of interests between the sponsor and investors in the offering
- All-cash/debt-free asset - no risk of lender foreclosure
- 53.300 rentable square feet
- Diverse Tenant Mix
- 721 Exchange exit strategy potential with FULL investor optionality
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.
