Cove Essential Net Lease Industrial 116 DST
Legal trust name Essential Net Lease Industrial 116 DST
Talk to a 1031 specialistData updated May 27, 2026
Offering size$14.6M
Asset typeIndustrial
LocationPaducah, KY
FinancingAll cash
Regulation D exemptionRule 506(c)
Sponsor-reported potential 721/UPREIT exitYes
First filedMay 27, 2026
Last filedMay 27, 2026
Minimum$1k
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 Essential Net Lease Industrial 116 DST is a Delaware statutory trust sponsored by Cove Capital Investments that acquired an industrial distribution facility in Paducah, Kentucky. The sponsor reported the property is 100% leased to a logistics operator under a newly executed long-term lease and that the acquisition was completed on a 100% debt-free basis. A Form D filed May 27, 2026 reported a total offering amount of $14,554,008, with $7,651,669 sold across 26 investors as of that date.
Debt-free (0% LTV); $14,554,008 equity target; 100% leased to logistics company on new long-term extension; optional 721 UPREIT
Based on issuer-filed Form D notices through May 27, 2026. 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.
Reported sold as a percentage of stated offering amount53.0%
Not enough filing history for a trend line.
Capital sold, per latest Form D$7,651,669
Remaining amount reported in latest Form D$6,902,339
Investor count reported in latest Form D26
Stated minimum investment$1,000
See the full reported financial recordBy creating an account you agree to the Terms of Service and acknowledge the Privacy Policy. We'll email you sign-in links and service notices about your account.
First filedMay 27, 2026
Latest filingMay 27, 2026
Filings tracked1
View filing on SEC EDGARForm D is an issuer notice filing. A filing does not mean the SEC approved, endorsed, or verified the offering.
Offering profile
SEC filings + cited sources
Property and lease
Cove Essential Net Lease Industrial 116 DST acquired an industrial distribution facility in Paducah, Kentucky. The sponsor reports the property is 100% leased to a logistics operator under a newly executed long-term lease and that the acquisition was completed on a 100% debt-free basis.1
Sponsor and offering
The trust's promoter is Cove Capital Investments, LLC, based at 2958 Columbia Street, Torrance, California.2 A Form D notice filed May 27, 2026 reported a total offering amount of $14,554,008, of which $7,651,669 had been sold across 26 investors as of that date.3
Sources (3)
In the news
Frequently asked questions
Is Cove Essential Net Lease Industrial 116 DST currently active?
Cove Essential Net Lease Industrial 116 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 Essential Net Lease Industrial 116 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.