RE · REAL ESTATE

Manufacturing Essential Asset II, DST

CAI Investments, LLC · 1031 DST, single-tenant industrial net lease

Due-Diligence ReportOpen the full review

Program Overview

1031 DST, single-tenant industrial net lease

Sponsor/Manager

CAI Investments, LLC

Asset Class

Real Estate

Issuer

Manufacturing Essential Asset II, DST

Issuer Legal Structure

Delaware Statutory Trust

Program Life Structure

Finite

Securities Offered

Equity - Beneficial Interests

Program Hold Period

~10 years

Target Leverage

Target 0% LTV All-cash; the PPM states the Property will not be encumbered by debt. The Seller Bridge Financing is preferred equity in the Depositor's parent, outside the Trust and not secured by the Property.

Strategy Risk/Return Profile

Core Plus

Managing Broker-Dealer

Emerson Equity LLC

Scale

~96,204 sq ft Gross building area, nine buildings · ~22 acres · 1 properties

Tax Opinion

“Should” Level 1031 exchange eligibility · subject to stated assumptions

Target Offering

$22,284,282

Minimum Investment

$100,000

Strategy Overview

The Trust owns one property, a nine-building, 96,204 square foot specialty chemical plant on 22.28 acres at 308 Church Street, Honea Path, South Carolina, bought for $18.0 million in an August 2, 2024 sale-leaseback from the Tenant. The Tenant, formed in April 2024 and affiliated with US Medical Glove Company, uses the plant to make polyisoprene raw material shipped to the guarantor's glove plant in Harvard, Illinois. The Trust master leases the property to a Sponsor affiliate, which subleases it to the Tenant on a 22-year absolute net lease. The property carries no debt, and the Trust expects to hold it about ten years, subject to the Tenant's purchase option.

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