Lake Geneva Retail DST
Lake Geneva, WI

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Status Available
Type Multi-Tenant Retail DST
Cash-on-cash 5.00 %
Leverage All cash
Equity Remaining $400,000
Lease Various
Projected Hold Period 5-7 Years
Year Built 2006, 2012
Occupancy
Total Raise $19,929,666
Total Syndication $19,929,666

The Trust consists of two properties:

Newport West is a retail strip center located on a 0.940-acre parcel of land along the main commercial thoroughfare in downtown Lake Geneva, with one building consisting of a total of 17,963 square feet of leasable area. The building is a single-story retail building with 10 tenant spaces. The building is “L” shaped with the storefronts facing south along Main Street and west along Cook Street in downtown Lake Geneva. Parking is provided at a surface lot along the back elevation of the building. Construction of the building was completed in 2006

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Geneva Commons is a 55,077 square foot retail center consisting of four buildings situated on approximately 7.14 acres. The property is part of a large retail development which is anchored by Target and Home Depot stores that are not part of this Offering. The four buildings comprising Geneva Commons are single-story retail and medical buildings with six tenant spaces. Three of the four buildings are single tenant buildings and the fourth building is a multi-tenant building. Construction of Geneva Commons was commenced in 2012 and has since been completed.

Newport West and Geneva Commons are located in Walworth County in the City of Lake Geneva, Wisconsin. Walworth County has a well-diversified economic structure, but given its resort appeal, summer months out-perform the rest of the year. Since 2000, Walworth County has performed at a lower unemployment rate versus the state and nation. However, this is starting to level out by the most recent figures. The top three industry occupations within Lake Geneva are manufacturing, retail trade and accommodation/food services. Walworth County has a well-diversified labor pool of major employers.

Risks:

Please note that the listing above is not an offer to sell nor a solicitation on an offer to sell, and is being supplied to you for information purposes only. All investments have inherent risks including those risks common in real estate investment. Potential risks relating to each investment property are disclosed in a private placement memorandum that must be read by the investor prior to making an investment decision. These risks include but are not limited to:

Please also note that this listing is being provided to you based on your representation to us that you are an accredited investor. The Security and Exchange Commission (SEC) defines an accredited investor as an individual with either $1 million in net worth (all assets, excluding primary residence, less all liabilities); or net income for the last two years of $200,000 or greater ($300,000 if spouse has income) with a reasonable expectation of such earnings in the current year. If you do not meet this definition of an accredited investor, please notify us immediately and disregard this message and its contents.