Cove Rogers Business Park 73 DST
Fulshear, TX
| Asset Class: | Multi-Tenant |
| Leverage: | 0% - All-Cash/Debt-Free |
| Location(s): | Fulshear, Tx |
| Minimum Investment: | $25,000 |
| Current Distribution: | Monthly/Inquire |
| Offering Type: | DST |
| 1031 Exchange Qualified: | Yes |
Property Description
Rogers Business Park 73 DST is an all-cash/debt-free offering that consists of a 96.41% occupied 83,669 square foot, multi-tenant flex industrial and mixed-used center. The property is strategically located along FM 359 and features brand new leases and dynamic tenancy. Sitting at the corner of Rogers Rd and FM 359, just north of downtown Fulshear, the Property is strategically positioned in the direct path of growth. Fulshear is also part of the Houston MSA, which saw the second- largest population spike among major metros in the U.S. between the summers of 2021 and 2022, trailing only the Dallas-Fort Worth area, according to an analysis of census data released earlier this month by the Greater Houston Partnership.
Property Highlights
- All-Cash & Debt-Free Offering
- Located in Texas - a pro-business and income tax free state
- 96.41% occupied with recent tenant lease extensions with renewals, showing strong commitment to the location
- Purchased below replacement cost
- 721 exchange rollup as a potential exit strategy
- Within 1 mile of the Property, there are 7 additional master-planned communities being developed, set to deliver over 9,000 new homes
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.
