Aliso Viejo, CA, May 7, 2015 (Newswire.com) - 1031 Crowdfunding announced today that two additional 1031 Exchange qualified Delaware Statutory Trust offerings are now available on the company’s online investment platform.
1200 & 1400 South Michigan Ave DST is an investment in two multi-tenant, ground floor retail subdivisions under high-rise residential towers located in the South Loop area of Chicago only 1/2 mile from Soldier Field, home of the Chicago Bears. The properties are 100% leased under 12 triple net leases with income derived from 10 retail tenants and 10-year triple net leases for communication easements with Direct TV and one of Chicago’s largest Internet service providers.
CSRA 1530 W. Covina DST is an approximately 37,500 rentable square foot 24 Hour Fitness "Sport" facility located in West Covina, California, approximately 20 miles east of Downtown Los Angeles. The Property is 100% leased to 24 Hour Fitness USA, Inc. on a triple net basis through April 30, 2027. 24 Hour Fitness is the #1 health club operator in each of its core markets and the #2 health club operator in the United States, by revenue.
“We’re excited with the relationships we have with the sponsors of these funds,” said Edward Fernandez, Founder and CEO of 1031 Crowdfunding LLC. “Both companies really understand the needs of 1031 exchange investors, and these offerings are great additions to the options currently available on our investment platform.”
For more information on these offerings 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.