Cove Tractor Net Lease 79 DST
Quinlan, TX
| Asset Class: | Single Tenant Net Lease |
| Leverage: | 0% - All-Cash/Debt-Free |
| Location(s): | Quinlan, TX |
| Minimum Investment: | $25,000 |
| Offering Type: | DST |
| 1031 Exchange Qualified: | Yes |
Property Description
Tractor Net Lease 79 DST is an all-cash/debt-free offering featuring a brand new construction (2023) Tractor Supply store located in the greater Dallas-Fort Worth market, 100% leased and guaranteed by Tractor Supply Company (NASDAQ:TSCO). Tractor Supply Company is the largest retail farm and ranch store chain in the U.S. with over 2,016 stores in 49 states, with a BBB credit rating by Standard and Poor’s. Located in Quinlan, TX, it is surrounded by affluent and lakefront residencies with local retailers also including Walmart Supercenter, Brookshire’s, AutoZone, O’Reily Auto, and many others. This offering is an all-cash/debt-free DST investment with no risk of a lender foreclosure or need of taking on more debt in future 1031 exchanges.
MSA Details
Quinlan is located just 17 miles east of Rockwall, and 38 miles from downtown Dallas. It’s directly between Greenville and Terrell. Quinlan is the gateway to the 376 acre Lake Tawakoni State Park which offers a 200 mile shoreline, stretching through Hunt, Rains and Van Zandt counties. Lake Tawakoni provides water-oriented recreation for much of central northeast Texas and it’s renowned for excellent catfish & bass fishing. Servicing a large recreation and agricultural area, Quinlan is very developed for a community of its size. It has a full-size Walmart Supercenter and Brookshire’s grocery store. Other retailers include Autozone, O’Reilly Auto, McDonalds and many others. The community’s Hunt Regional Emergency Medical Center is a full-service emergency medical center. Quinlan offers quiet country living, access to major retailers and medical care, outstanding recreation and an easy drive to the greater Dallas area.
Property Highlights
- All-Cash/Debt-Free Offering
- 100% leased and guaranteed by Tractor Supply Company (NASDAQ:TSCO)
- New 2023 construction
- Greater Dallas area: 17 miles from Rockwall and 38 miles from downtown Dallas
Source: Brochure
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.
