➤Opportunity to Capture Significant Bonus Depreciation
Loan to Value Ratio: 58%
➤Anticipated First Year Cash on Cash: 6.00%
➤Anticipated Investment Holding Period: 10+ years.
➤$50,000 Minimum Equity Investment
➤Absolute NNN (No Landlord Responsibilities)
➤NYSE: RH Market Cap +/-$6 Billion (08.07.2020)
➤Lease Term: 20 Years
➤Link to Offering:
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The RH | Minneapolis property is located in the CIty of
Edina, MN. Edina is an affluent first-ring suburb just south of Minneapolis and boasts some of the Twin Cities' highest concentration of household wealth and annual household incomes. The freestanding luxury retail RH Property is situated at the "main & main" corner and entrance to Southdale Center, a super-regional mall, and is immediately across the street from The Galleria of Edina, a shopping center that features a collection of the worlds finest luxury brands, restaurants, and a Westin Hotel & Residence. France Avenue is the main North / South thoroughfare that connects the heart of Edina's shopping and commerce districts with its residents and area freeway system. Edina is considered one of the most desirable suburbs in the Minneapolis-St. Paul metro area.