Cove Net Lease Medical 52 DST
|Asset Class:||Single Tenant Net Lease|
|Leverage:||0% - All-Cash/Debt-free|
|1031 Exchange Qualified:||Yes|
Cove Net Lease Medical 52 DST is a state-of-the-art Dialysis Clinic that is leased to DaVita Kidney care, fortune 500 Tenant. On a long-term NNN lease until 2029, with two renewal options. Located in a dense infill location with strong traffic counts and visibility.
The offering is an all-cash/debt-free DST investment with no risk of a lender foreclosure.
Encompassed by state route 71 and interstate 60, Pomona is a city in Los Angeles County located, between the Inland Empire and the San Gabriel Valley. A major transportation avenue offered by the city is Metrolink, a commuter rail system, which connects Pomona Valley to downtown Los Angeles and to downtown Riverside. Within the city’s limit, California State Polytechnic University’s main campus can be found, which is among the best public universities in the West. The Fairplex, which hosts the annual L.A. County fair, is a facility used year-round to host a variety of educational, commercial, and entertainment events.
- Strong Fortune 500 Tenant
- All-Cash / Debt-Free DST
- Built-to-Suit DaVita Dialysis
- Essential Business - Remained Open During COVID-19 Pandemic
- 100% Occupied
- Long-Term Triple Net Lease (NNN)
- State of the art Dialysis Clinic
Source: Indication of Interest
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.