Cove Diversified Portfolio 94 DST
Legal trust name Diversified Portfolio 94 DST
DST interests are illiquid private securities. You may lose some or all of your investment. Distributions, tax treatment, and exit timing are not guaranteed. Review the current Private Placement Memorandum before investing.
Cove Diversified Portfolio 94 DST is a debt-free Delaware Statutory Trust sponsored by Cove Capital Investments, formed as a Regulation D, Rule 506(c) offering targeting $15,566,573 in equity. The trust holds a net-lease industrial distribution center built in 2024 in Norton, Virginia—with seven loading docks and yard space, occupied by an essential-business global distribution tenant—and a 46,647-square-foot multi-tenant retail center in Lexington, Kentucky that is 97% leased. The structure carries zero leverage, a stated $100,000 minimum, and 1031-exchange qualification.

0% leverage; min $100k; 2024 Frito-Lay DC + 2024 Starbucks; North Park 97% occupied, Walmart shadow-anchored
3 properties; North Park Marketplace 46,647 SFBased on issuer-filed Form D notices through Aug 14, 2025. Amounts are self-reported, may lag current subscriptions, and do not confirm availability. A Form D filing does not mean the SEC approved, endorsed, or verified the offering.
Form D is an issuer notice filing. A filing does not mean the SEC approved, endorsed, or verified the offering.
Offering profile
Portfolio
Cove Diversified Portfolio 94 DST is anchored by two documented properties spanning industrial and retail. The industrial asset is a net-lease distribution center in Norton, Virginia, custom-built in 2024 with seven loading docks and yard space, occupied by an essential-business tenant operating in the global distribution industry 1. The retail asset is a 46,647-square-foot multi-tenant center in Lexington, Kentucky that is 97% leased, with 84% of rental income drawn from national tenants on staggered lease expirations 1.
Structure and capitalization
The trust was announced on September 16, 2025 as a debt-free, Regulation D Rule 506(c) offering targeting $15,566,573 in equity 2. Sponsor material describes 0% leverage, a $100,000 minimum, and 1031-exchange qualification 3. An issuer-filed Form D dated August 14, 2025 reported the $15,566,573 offering amount 4.
Sponsor
Cove Capital Investments, LLC reports a portfolio of 134 properties across 36 states spanning multifamily, industrial, net-lease, medical, and other asset classes, with more than $1.083 billion in sponsored transactions 5.
In the news
Frequently asked questions
Is Cove Diversified Portfolio 94 DST currently active?
Cove Diversified Portfolio 94 DST is classified by Top1031 as active. “Active” reflects the latest public record and does not confirm that interests remain available.
Where does Top1031 get the data for Cove Diversified Portfolio 94 DST?
Top1031 tracks this offering from SEC Form D filings and cited sponsor disclosures. Filing data may lag current subscriptions and does not mean the SEC approved or verified the offering.
