Cove Net Lease Industrial 77 DST
Industrial — sponsored by Cove Capital Investments
Files with the SEC as Net Lease Industrial 77 DST
Minimum investment
$1k
Offering size
$13.4M
How much has sold
13.0%
Asset type
Industrial
Location
Not stated
Financing
All cash. This offering reports no mortgage debt.
Sponsor-reported, from SEC filings and cited sources.
What is this, in one paragraph?
Cove Net Lease Industrial 77 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?
- Property size
- 3 properties
How did it end?
No sale or other ending on record
No public full-cycle, sale, or 721 UPREIT announcement has been issued for Net Lease Industrial 77 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 three-property FedEx Ground/Frito-Lay (TX & AR) portfolio.
Three-property industrial portfolio: two newly constructed Frito-Lay distribution centers in Texas and one FedEx Ground distribution center in El Dorado, Arkansas. Debt-free, Regulation D Rule 506(c) offering, all-cash. Fully subscribed at $13,389,616.
3 propertiesSupporting 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
- Net Lease Industrial 77 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 Net Lease Industrial 77 DST?
Top1031 lists Cove Net Lease Industrial 77 DST as historical. It is no longer raising money.
Where does Top1031 get the data for Cove Net Lease Industrial 77 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 Capital Investments Fully Subscribes a Three-Property Industrial Debt-Free DST Portfolio — the Net Lease Industrial 77 Delaware Statutory Trust OfferingPR Newswire announces Cove Capital fully subscribed the Net Lease Industrial 77 DST with $13,389,616 raised across the three industrial distribution centers. Cove Capital Acquires Texas, Florida Industrial Net Lease PropertiesConnect Money reports Cove Capital Investments completed the purchase of three net lease industrial distribution centers for its Net Lease Industrial 77 DST, with two Texas Frito-Lay DCs and a FedEx DC in El Dorado, Arkansas. Cove Capital Acquires Trio of Properties as Part of Its Net Lease Industrial 77 DSTAltsWire reports Cove Capital completed acquisition of three net lease industrial distribution centers for the Net Lease Industrial 77 DST, a 506(c) offering targeting $13,389,616.