Aliso Viejo, CA, April 29, 2015 (Newswire.com) - 1031 Crowdfunding LLC announced today that Komar Desert Center DST and Golfsmith USA Retail Store DST are now available through the company’s website.
Komar Desert Center DST is an investment in a 77,466 rentable square foot community shopping center located in La Quinta, California with a first-year cash on cash return of 6%. The property is currently 94.7% leased to both local and national tenants, including BevMo!, Souplantation, Panda Express, and a drive-thru Starbucks. The center was built in 2008 and serves approximately 60,000 motorists on a daily basis.
“I have great confidence in this second offering not only because it is an investment in such a strong Southern California property, but also because of the excellence of the offering’s sponsor,” said 1031 Crowdfunding founder and CEO Edward Fernandez. “They have many years of experience completing tax deferred deals. Since they have the knowledge and understanding of what 1031 exchange investors really need, I believe they have a lot to offer to our investors.”
Golfsmith USA Retail Store DST is 23,635 square feet of prime retail space located in Glen Allen, Virginia that is 100% triple net leased through June 30, 2029 to Golfsmith USA, LLC, a subsidiary of Golfsmith International, the largest specialty golf retailer in the world. Golfsmith International operates stores in the U.S. and Canada as an integrated, multi-channel retailer, offering customers the convenience of shopping through any of its more than 150 experiential retail locations or 24/7 shopping at its e-commerce sites.
1031 Crowdfunding was established to give investors multiple turnkey investment options as a simplified alternative to traditional 1031 exchange investments. Investors view the offerings online and choose the investment that best meets their individual needs. Komar Desert Center DST and Golfsmith USA Retail Store DST marks 1031 Crowdfunding’s second and third offerings, giving investors two additional great options when looking to invest in a Delaware Statutory Trust to satisfy their 1031 exchange.
For complete details on the offerings or more information about the company, please visit www.1031Crowdfunding.com or call 844-533-1031.
About 1031 Crowdfunding LLC
1031 Crowdfunding LLC provides a range of quality properties for investors seeking a 1031 exchange through a Delaware Statutory Trust. With an online investment platform, investors research opportunities, make investments, and receive monthly updates. 1031 Crowdfunding LLC 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.