Current Offerings — KB Feather River Crossing, DST

KB feather river crossing, DST

a grocery-anchored, regional retail center

Located in Oroville, California

± 90,580 Rentable Square Feet

Management-Free Investment Opportunity

Monthly Cash Flow: 6.00% (Projected, Year 1)1

100% Occupancy with Weighted Average
Lease Term (WALT) of over 10 years

Escalating Rental Increases

Minimum Investment: $250,000

KB Feather River Crossing, DST — 355 Oro Dam Boulevard E., Oroville, California 95965


Kingsbarn Real Estate Capital is pleased to present the opportunity to acquire a 100% leased, grocery-anchored, Northern California retail property structured as a Delaware Statutory Trust (DST). Built in 1990 and redeveloped in 2019, Feather River Crossing is 100% leased to four high-quality chains: Ross Stores, Inc. (NASDAQ: ROST), Smart & Final, Harbor Freight, and NSFit. Nearby amenities include various national brand dining options, Oroville Municipal Airport (2.2 miles away), and Oroville Hospital (2.3 miles away).

Feather River Crossing is strategically located along Feather River Boulevard and Oro Dam Boulevard just off State Route 70, a primary Northern California commuter arterial, with combined traffic counts of ± 92,000 vehicles per day. The property is in proximity to Lake Oroville, a recreational area that welcomes ± 1.4 million visitors annually. Oroville is located approximately 68 miles north of Sacramento and 141 miles west of Reno, Nevada. The property consists of 90,580 square feet on ± 8.90 acres.



FINANCIAL SUMMARY

Offering Price:

$22,575,000

Loan Amount:

$11,200,000

Equity Offering:

$11,375,000

Projected Cash Flow (Year 1)1:

6.00%

Minimum Investment:

$250,000

INVESTMENT HIGHLIGHTS

6.00% Projected Cash Flow (Year 1)1

100% Occupancy

No Loan Liability to DST Investors

Flexible Equity Investments Starting at $250,000

Passive Income, Freedom from Property Management

1031 Exchange Eligible

About Oroville, California

Oroville is considered the gateway to Lake Oroville and Feather River recreational areas. Adjacent to the city-owned Table Mountain 18-hole Golf Course and clubhouse, Oroville Municipal Airport is located a couple of miles away from downtown Oroville. The airport accommodates private planes, charter flights, and private jets.

The September 2020 Oroville Business Confidence Survey showed increased optimism among local business leaders. Confidence increased 15.2%, with more local business leaders expecting conditions to get better over the next 12 months. The survey results showed 64% of leaders expected their sales to increase or remain the same over the next year, up from 56% in May 2020. As for profit, 60% expected levels to increase or remain the same, up from 53%. Local employment is expected to stay steady with 20% expecting to see an increase over the next year, up from 12% in May. Local business conditions are expected to get better according to 41% of leaders, up from 34%.


Tenants

 

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Contact us about this investment opportunity at 800.242.1000


Forrest Cerrato

Regional VP,
Bay Area North

Office: 415.879.9000
Cell: 408.640.0086
E-mail Forrest

James Yoder

Regional VP,
Bay Area South

Office: 408.412.9000
Cell: 408.910.7707
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Katelen Weisenberger

Regional VP, Central Valley
Office: 909.340.9000
Cell: 559.916.9035
E-mail Katelen

Kasturi Singh Gharib

Regional VP, Central Coast
Office: 424.343.9000
Cell: 562.879.3814
E-mail Kasturi

Kash Singh Gharib

Regional VP, Central Coast
Office: 424.343.9000
Cell: 562.256.4455
E-mail Kash

Louie Goros

Regional VP,
Los Angeles - South

Office: 424.343.9000
Cell: 630.247.5881
E-mail Louie

Danny Held

Regional VP,
Los Angeles - North

Office: 424.343.9000
Cell: 310.200.3186
E-mail Danny

Matt Ayer

Regional VP,
Orange County

Office: 562.452.9000
Cell: 818.232.1050
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James Rossi

Regional VP,
San Diego

Office: 858.240.9000
Cell: 412.260.6034
E-mail James

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