Cove Florida Net Lease 72 DST
Net lease property in Hollywood, FL — sponsored by Cove Capital Investments
Files with the SEC as Florida Net Lease 72 DST
Minimum investment
$1k
Offering size
$14.2M
How much has sold
2.0%
Asset type
Net lease property
Location
Hollywood, FL
Financing
All cash. This offering reports no mortgage debt.
Sponsor-reported, from SEC filings and cited sources.
What is this, in one paragraph?
Cove Florida Net Lease 72 DST combines the historical SEC filing record with the cited public sources we found for the property and its outcome. Use the chapters below to see what those sources establish, then use the source list to check the underlying materials.
Show sources (1)Hide sources (1)
These links support the historical public record; individual details may come from different sources.
On a 45-day clock? Find day 45 and day 180 from the sale date, then come back to this record.
What exactly is the property?
- Reported location
- Hollywood, FL
How did it end?
No sale or other ending on record
No public full-cycle, sale, or 721 UPREIT announcement has been issued for Florida Net Lease 72 DST; the trust remains listed on Cove Capital's website as 'fully subscribed' with a 'Monthly' distribution status, indicating it continues to own and operate the Guidepost Montessori (Hollywood/Miami, FL) property.
Single-tenant net lease property at 2230 Hollywood Blvd in Hollywood, FL (Miami MSA), recently renovated in 2023, leased to Guidepost Montessori under a 20-year NNN lease with parent company Higher Ground Education corporate guarantee. Reg D 506(c) offering targeting $14,189,563 raise, $25,000 minimum, all-cash/debt-free DST.
Supporting evidence
How is it financed, and what does it pay?
- Financing
- All cash. This offering reports no mortgage debt.
Who's behind it?
- Sponsor
- Cove Capital Investments
- Legal Trust name
- Florida Net Lease 72 DST
- May convert to a REIT
- No
- Offerings from this sponsor
- 24 active / 57 total offerings from Cove Capital Investments
Reported by the sponsor. Top1031 does not independently audit sponsor-reported figures.
What does the paperwork say?
- Form D filedFirst and latest filing on record.
- Filings on record
- 1
- How it may be offered
- Rule 506(c)May be advertised publicly. Every buyer’s accredited status must be verified.
- Source filing
- Read the filings on SEC EDGAR
A Form D is the notice a sponsor files when it starts raising money. A Form D filing does not mean the SEC approved, endorsed, or verified the offering.
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.
Common questions
What happened to Cove Florida Net Lease 72 DST?
Top1031 lists Cove Florida Net Lease 72 DST as historical. It is no longer raising money.
Where does Top1031 get the data for Cove Florida Net Lease 72 DST?
Top1031 builds this record from the sponsor’s own SEC filings and cited sponsor disclosures. Filings can lag what is happening now. A Form D filing does not mean the SEC approved, endorsed, or verified the offering.
Chapter 8Cove Florida Net Lease 72 DSTSponsor property page showing the Florida Net Lease 72 DST is fully subscribed; debt-free single-tenant net lease asset on a 20-year NNN lease to Guidepost Montessori in Hollywood (Miami), FL.