Cove Tractor Net Lease 79 DST

Quinlan, TX

REVIEW IN PROCESS

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.

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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 FINRASIPC.

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.