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BR Diversified Industrial Portfolio 8 DST

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BR Diversified Industrial Portfolio 8 DST is an all-cash $58,423,431 offering encompassing five industrial facilities located in Florida, Illinois, and Missouri. The properties are 100% occupied with initial projected cash flows of 4.86% rising to a 5.23% average.

Capital structure

Offering Equity$30.36M50.6% · $121,449 / unit
Offering Debt$29.64M

Offering price

$60.0M

Price / unit

$240,000

Units

250

Property age

12 yrs

Projected distribution rate

Avg 6.75%
Yr 1Term avg.
Yr 1 4.86%Term avg. 5.23%

Year-one distribution of 6.25% stepping to 7.20% by year seven.

The property

Five-Property All-Cash Industrial DST Portfolio

$47,427,394 acquisition price

BR Diversified Industrial Portfolio 8 DST

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One of the portfolio properties was completed in 1978.

11732 & 11744 Beach Blvd, Jacksonville, FL 32246

995 Chaddick Dr, Wheeling, IL 60090

9400 Piper Rd, Punta Gorda, FL 33982

1727 Warren St, Kansas City, MO 64116

11732 & 11744 Beach Blvd, Jacksonville, FL 32246; 995 Chaddick Dr, Wheeling, IL 60090; 9400 Piper Rd, Punta Gorda, FL 33982; 1727 Warren St, Kansas City, MO 64116

N/A - Industrial NNN Portfolio units

$47,427,394

100.0% of portfolio

Seller
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Property manager
BIGR Exchange 8 TRS, LLC
Sponsor

BIGR Exchange 8 TRS, LLC

Asset Type

—

Location

11732 & 11744 Beach Blvd, Jacksonville, FL 32246; 995 Chaddick Dr, Wheeling, IL 60090; 9400 Piper Rd, Punta Gorda, FL 33982; 1727 Warren St, Kansas City, MO 64116

Units

N/A - Industrial NNN Portfolio

Property Age

One of the portfolio properties was completed in 1978.

Offering Price

$58,423,431

Offering Debt

NA

Offering Equity

$58,423,431

Offering LTV

N/A - All-Cash

Income % (Yr. 1)

4.86%

Avg. Income (Full Term)

5.23%

Minimum Cash Investment

$100,000

Minimum 1031 Investment

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Strengths

  • All-cash structure eliminates interest rate and default risk
  • Geographic diversification across FL, IL, and MO

Concerns

  • Total offering load represents a 21.09% markup over purchase price
  • Single-tenant dependency across all five assets