Cove Net Lease Distribution 63 DST

The Cove Net Lease Distribution 63 DST is an all-cash/debt-free Coca-Cola industrial distribution facility on a long-term net lease. Globally, Coca-Cola (NASDAQ: COKE) is estimated to service 1.9 billion drinks per day and is recognized as one of the world’s most valuable soft drink brands. The rental rate for this facility is believed to be below market providing appreciation potential for investors. The property is positioned in the heart of a large industrial park surrounded by other national companies including UPS Worldport, Amazon, FedEx, and more. The debt free nature of the property, strong Coca-Cola tenancy as well as potentially under market rents make this a potentially attractive offering to those investors seeking risk mitigation through a debt free offering combined with appreciation potential.

With a metro population of over 1.3 million residents, Louisville is Kentucky’s largest metropolitan area. The city is on the border of Kentucky and Indiana, which is separated by a portion of the Ohio River. Louisville is in Jefferson County, where neighborhoods are teeming with history and culture. Louisville has the largest collection of Victorian-style homes in the country. A variety of 19th-century homes can be spotted in the Louisville neighborhoods. Louisville has a booming art and food scene. It is a culinary destination as it is home to Restaurant Row and Fourth Street Live where delicious eateries and a fun nightlife awaits locals and visitors. A variety of museums are all just blocks away from each other for people looking to discover Louisville’s history and admire classical and contemporary artworks from around the world. Various parks are located along the Ohio River where locals can escape the busy city and participate in outdoor activities. Louisville is also the home of the Kentucky Derby. Thousands of people from all over the world visit the Churchill Downs Racetrack to witness one of the most prestigious horse races in the world. Louisville is also a college town as it is the home to the University of Louisville which has 3 campuses spread out across the city. There are lots of cultural gems to discover in Louisville.

• This 300,462 SF Coca-Cola Distribution facility is equipped with 27 dock-high doors and situated on over 26.60 Acres of Land (25.93% Coverage), 10.51 AC of which is designated to outdoor parking and storage, making the subject property an iconic distribution hub for Coca-Cola operations.
• This Coca-Cola facility is located in the epicenter of Louisville Distribution being +/- 1.5 miles from the Port of Louisville and +/- 8 miles from the Louisville Intl. Airport. The subject facility is also positioned in the heart of a strong industrial park surrounded by other national companies including UPS Worldport, Amazon, FedEx, XPO Logistics, R+L Carriers, and more.
• This 300,462 SF Coca-Cola Distribution facility is equipped with 27 dock-high doors and situated on over 26.60 Acres of Land (25.93% Coverage), 10.51 AC of which is designated to outdoor parking and storage, making the subject property an iconic distribution hub for Coca-Cola operations.
• This Coca-Cola facility is located in the epicenter of Louisville Distribution being +/- 1.5 miles from the Port of Louisville and +/- 8 miles from the Louisville Intl. Airport. The subject facility is also positioned in the heart of a strong industrial park surrounded by other national companies including UPS Worldport, Amazon, FedEx, XPO Logistics, R+L Carriers, and more.