CSRA 2700 S. Las Vegas, DST
- LEASE: 22-year lease with 15 years remaining (expires June 2029)
- STRUCTURE: Net lease
- OPTIONS: Four extensions of five years, each with rent bumps
- INVESTMENT GRADE TENANT: Lease is guaranteed by CVS Caremark Corporation, which has an investment grade credit rating
- LOCATION: North end of the Las Vegas Strip
Consider the Risks An investment in the Interests involves substantial investment and tax risks, including, without limitation, the following risks:
- There are various risks associated with owning, financing, operating, and leasing commercial properties in Las Vegas, NV.
- The Interests do not represent a diversified investment.
- Beneficial Owners must completely rely on the Property Manager to collect the rent and operate, manage, lease, and maintain the Property.
- The Beneficial Owners have no voting rights with respect to the management or operations of the Trust or in connection with the sale of the property.
- There are various conflicts of interest among the Trust, the Sponsor, the Signatory Trustee, and their Affiliates.
- The Interests are illiquid.
- There are tax risks associated with an investment in the Interests.
- There are risks related to competition from properties similar to and near the property.
- There may be environmental risks related to the property.
LocationLas Vegas, NV
Located along the Las Vegas Strip on the ground floor of Sky Las Vegas