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Cove Essential Net Lease Portfolio 90 DST

Cove Capital Investments · Net Lease DST

Program Overview

Net Lease DST
Cove Essential Net Lease Portfolio 90 DST
Peer Group Filters
Objectives
IncomeCapital AppreciationCapital PreservationTax AdvantagedDiversification
Asset Class
Real Estate
Vehicle
DST
Single / Multi Asset
Multi-Asset
Sponsor/Manager
Asset Class
Real Estate
Issuer
Essential Net Lease Portfolio 90 DST
Issuer Legal Structure
Delaware Statutory Trust
Program Life Structure
Finite
Securities Offered
Program Hold Period
1–20 years
Target Leverage
Target 0% LTV
Strategy Risk/Return Profile
-
Managing Broker-Dealer
Scale
33,795 sq ft Gross building area, both properties · 2 properties Properties in portfolio
Tax Opinion
“Should” Level 1031 exchange eligibility · subject to stated assumptions
Target Offering
$12,765,363
Minimum Investment
$100,000
Beneficial Interests · waivable
Strategy Overview

The Trust owns two single-tenant, net-leased properties occupied by Tractor Supply in New Mexico and FedEx Ground in Arizona. The Trust leases both properties to a Sponsor-affiliated Master Tenant and seeks to provide investors with monthly distributions from rental income through an unleveraged structure intended to facilitate Section 1031 tax-deferred exchanges. The investment strategy contemplates an eventual property sale or potential Section 721 contribution to a REIT, subject to Manager discretion and applicable conditions. Distributions and exit outcomes are not guaranteed.

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