Distress

Capital Square's CSRA 2700 S. Las Vegas Reached Full Cycle in an April 2025 Strip Foreclosure

The Delaware Statutory Trust (DST) held a Las Vegas Boulevard storefront that pharmacy tenant CVS vacated in 2017; the asset failed to sell and passed to its lender.

Published

CSRA 2700 S. Las Vegas, DST reached full cycle in a foreclosure. The Trust's single asset, a former CVS-anchored retail space at 2700 S. Las Vegas Boulevard, went into foreclosure in April 2025 after CVS vacated in 2017 and the property failed to sell, the Las Vegas Review-Journal reported on July 11, 2025.

The offering and its disposition, from the Form D and the public record:

Field

Detail

Sponsor

Capital Square

Asset class

Commercial

Form D filed

February 18, 2014

Offering ceiling

$33,275,000

Minimum investment

$25,000

Exemption

506(b)

Disposition

Foreclosure

Disposition month

April 2025

Hold

11.1 years

No return to the Trust's investors appears on the public record.