Aliso Viejo, CA, June 30, 2015 (Newswire.com) - 1031 Crowdfunding LLC announced today that CSRA Grocery Portfolio I DST, a portfolio of three grocery-anchored shopping centers, is now available through the Company’s website.
Each shopping center is anchored by Food Lion, a subsidiary of Delhaize Group (NYSE:DEG), an international company with an S&P rating of BBB-/A-3. Food Lion operates more than 1,100 supermarkets in 10 southeastern and mid-atlantic States. The portfolio is 98.3% leased with recently signed 10-year triple net leases with Food Lion.
"We are pleased to make a grocery-anchored shopping center portfolio available to our investors," said 1031 Crowdfunding Founder and CEO, Edward Fernandez. "Food Lion Grocery Portfolio I DST with such a strong anchor tenant as Food Lion is a great opportunity."
Ed Fernandez, CEO
College Lakes center is located in Fayetteville, North Carolina. Kris Krossing center is located in Conway, South Carolina. West Point Village center is located in Asheboro, North Carolina. Each property will undergo substantial renovations at the seller’s expense.
“We are pleased to make a grocery-anchored shopping center portfolio available to our investors,” said 1031 Crowdfunding Founder and CEO, Edward Fernandez. “Food Lion Grocery Portfolio I DST with such a strong anchor tenant as Food Lion is a great opportunity.”
For more information visit www.1031Crowdfunding.com or call (844) 533-1031.
About 1031 Crowdfunding LLC
1031 Crowdfunding provides a range of quality properties for investors seeking a 1031 exchange through a Delaware Statutory Trust. With a compliant online investment platform, investors research opportunities, make investments with ease, and receive monthly updates. 1031 Crowdfunding was founded by Edward Fernandez along with Alfred Pizzurro, Marcus Kurschat, William Erickson and Tim Barrett, aggregating 120 years of their combined experience in the securities and real estate markets.
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