Current Offerings — KB Shops at Trinity Park, DST

KB Shops at Trinity Park, DST

a newly constructed, grocery-anchored retail center

Located in the financial hub of Greenville County, South Carolina

± 44,424 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 Shops at Trinity Park, DST — 2200 & 2202 Woodruff Road, Simpsonville, South Carolina 29681


Kingsbarn Real Estate Capital is pleased to offer the Shops at Trinity Park, a 44,424 square feet grocery-anchored retail center in Simpsonville, South Carolina. Constructed in 2018, this multi-tenant property is 100% leased and has a WALT of 10 years. The anchoring grocery store, Sprouts (NASDAQ: SFM), has over 11.5 years remaining on their lease. This Sprouts location is the grocer’s first in South Carolina and their 300th in the United States. Sprouts is the property’s largest tenant, comprising 67.3% of the GLA. Additionally, all tenants are NNN-leased, and 91.3% of the property is leased to national tenants, including Berkshire Hathaway (NYSE: BRK.A), Pacific Dental Services, and Great American Cookies.

The Shops at Trinity Park is well-positioned to retain its high-quality tenants. The property is located along one of Greenville County’s busiest traffic and retail thoroughfares, Woodruff Road (SC-146). The area is rich in amenities, including affluent communities and schools, multiple shopping centers, and various national chains such as Sam’s Club, REI, Best Buy, and Publix. Easily visible, the property sees a combined traffic count of 46,800 VPD. The location was carefully selected by Sprouts to target the area’s rapidly growing population within the Greenville MSA. The Shops at Trinity Park serves a population of 101,208 in a 5-mile radius with an average household income of $115,267.

FINANCIAL SUMMARY

Offering Price:

$19,325,000

Loan Amount:

$9,540,000

Equity Offering:

$9,785,000

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 $100,000

Passive Income, Freedom from Property Management

1031 Exchange Eligible

About Greenville, South Carolina

KB Shops at Trinity Park is located at the crossroads of two busy thoroughfares in Simpsonville, South Carolina, which is part of the Greenville-Mauldin-Easley metro (MSA 842,817). According to the U.S. Census Bureau, Greenville is one of the fastest-growing cities in the Southeast U.S.A.


Tenants

 

Download DST Investment Summary


Secure SSL Form

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
E-mail James

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
E-mail Matt

James Rossi

Regional VP,
San Diego

Office: 858.240.9000
Cell: 412.260.6034
E-mail James

Our Lenders Include:

Sabal Capital Partners
asset management firm focused on commercial real estate credit
Innovative financing solutions for real estate capital markets
1031 exchange, banking, financing, loans
provides a wide range of products and services to personal, commercial and large corporate and institutional customers through a number of well-known banking brands