Cove Capital Investments announced the acquisition of a premier grocery-anchored retail shopping center located at 500 U.S. Highway 62 in Princeton, Ky.
The approximately 72,013-square-foot retail center is fully leased to nationally recognized tenants. The property was purchased for the Cove Princeton KY Opportunity 117 DST, a Regulation D, Rule 506c offering targeting a $5,311,475 equity raise available for accredited 1031 exchange investors.
The Princeton retail center is anchored by national retailers, including Marshalls, Tractor Supply and Ruler Foods, a subsidiary of The Kroger Co.
The property is a 100 percent leased retail center occupied entirely by national credit tenants.
Positioned along U.S. Highway 62, Princeton’s primary retail corridor, the shopping center benefits from visibility and accessibility within one of the area’s most established retail destinations.
The acquisition was completed as an all-cash, debt-free Delaware Sta
