Overview
Net Lease Distribution 69 DST is a brand new construction industrial net leased to a PepsiCo subsidiary as a product distribution and logistics center. PepsiCo generated $79 billion in net revenue in 2021 and the property has a 10-year net lease with annual rental increases and two 5-year extension options. Located in the greater New Orleans market, Luling is part of St. Charles Parish with $17 billion industrial projects currently underway with the 9th fastest gross domestic product growth in America in 2021-2022.
Accepted Investors
N/A
Raise Close Date
11/29/2023
Regulation Type
506C
Deal Type
N/A
Asset Location(s)
N/A
Asset Class(es)
Industrial
