DST OFFERINGS
KB Lake Elmo, DST
Single-Tenant, Net-Leased Property with Investment-Grade Credit
Available for investment in a Delaware Statutory Trust (“DST”) structure, KB Lake Elmo, DST (the “Property”) is a single-tenant, net-leased Tesla sales and service center of approximately 50,000 rentable square feet. The Property is one of only five Tesla sales and service centers in Minnesota. The building is newly constructed and designed for Tesla, Inc. Tesla has made a strong commitment to the property, as Tesla facilities require significant investment in order to be outfitted with the necessary machinery to meet brand standards. These specialized improvements were expensive for Tesla, which increases the likelihood of lease renewal.
KB Lake Elmo, DST features Tesla’s typical minimalist, open concept design, ribbon-glass windows, a service and maintenance area, design studio, customer lounge, and administrative and sales offices. Available inventory will be displayed in the surrounding parking lot alongside Tesla charging stations. The Property is strategically located in an affluent suburb of the Minneapolis-Saint Paul metro area and serves a population of 46,169 in a 3-mile radius with an average household income of $134,575. Only a ten-minute drive from downtown Saint Paul, KB Lake Elmo, DST is just off the interchange of I-94 and Keats Avenue N, one of Lake Elmo’s major arterials.
PROPERTY HIGHLIGHTS
Lake Elmo, Minnesota
This website does not offer to sell, or a solicitation of an offer to buy, securities. Offers can only be made through the Private Placement Memorandum which contains various and important risk disclosures. This web site does not purport to be complete and should be viewed in conjunction with the Private Placement Memorandum. An investment of this sort is speculative and involves a high degree of risk. Projections of future performance contained herein are based on specific assumptions discussed more fully in the Private Placement Memorandum and do not constitute a guaranty of future performance.
DST Interests in any of the properties displayed on this website may be sold only to "accredited investors," as defined in Regulation D under the U.S. Securities Act of 1933, as amended (the "Securities Act"), which, for natural persons, refers to investors who meet certain minimum annual income or net worth thresholds. Offers and sales of DST interests have not and will not be registered under the Securities Act or the laws of any U.S. state or non-U.S. jurisdiction and may be offered only pursuant to an exemption from such registration. Neither the U.S. Securities and Exchange Commission nor any other regulatory authority has passed upon the merits of an investment in the DST Interests, has approved or disapproved of DST Interests or passed upon the accuracy or adequacy of this website and any supplementary materials describing the DST Interests. DST Interests are also not subject to the protections of the Investment Company Act of 1940, including the limitations on self-dealing, affiliated transactions and leverage contained therein. DST Interests are subject to legal restrictions on transfer and resale in accordance with the governing documents of the Trust and applicable securities laws, and investors may be unable to sell or transfer their DST interests. In addition, there is no public market for the DST interests and no such market is expected to develop in the future. Investing in the DST securities involves risk, and investors should be able to bear the loss of their investment.