{"id":2322,"date":"2015-05-01T00:00:00","date_gmt":"2015-05-01T00:00:00","guid":{"rendered":"https:\/\/capitalsquare1.wpengine.com\/offerings\/richmond-golf-retail-dst\/"},"modified":"2025-03-21T17:42:29","modified_gmt":"2025-03-21T17:42:29","slug":"richmond-golf-retail-dst","status":"publish","type":"location","link":"https:\/\/capitalsq.com\/offerings\/richmond-golf-retail-dst\/","title":{"rendered":"Richmond Golf Retail, DST"},"content":{"rendered":"<p class=\"appear-on-scroll\">100% leased to Golfsmith USA, LLC through June 30, 2029 on a triple net basis. The triple net lease means that Golfsmith pays all taxes, insurance, maintenance and repair costs, protecting investor cash flow from inflation.<\/p>\n\n<p class=\"appear-on-scroll\">Golfsmith is the largest specialty golf-retailer in the world, operating more than 150 golf-oriented retail stores throughout the  U.S. and Canada, as well as two e-commerce sites.  Located within minutes of Capital Square\u2019s headquarters in the West Broad Village master-planned urban development in the heart of Richmond\u2019s West End. Brick streets lined with maple trees connect stately single family attached homes to shopping, dining and entertainment experiences, all within walking distance.<\/p>\n\n<p class=\"appear-on-scroll\">West Broad Village has more than 400,000 square feet of retail space, with diversified tenants, including Whole Foods Market, REI and Home Goods; several restaurants, such as Kona Grill, Dave &amp; Busters and The Wine Loft; Children\u2019s Museum of Richmond\u2014Short Pump; and \u201cA Loft\u201d Starwood hotel.<\/p>\n\n<p class=\"appear-on-scroll\"><strong>Building the Future of Richmond\u2122<\/strong><\/p>\n\n<p class=\"appear-on-scroll\">Capital Square offers tax-advantaged investment opportunities in strategic areas throughout the Greater Richmond Region and Central Virginia. We invest and develop in gateway, secondary and tertiary markets, sponsoring investments with potential returns designed to satisfy investors\u2019 specific goals.<\/p>\n\n<div class=\"wp-block-theme-blocks-fine-print appear-on-scroll\">\n<p class=\"appear-on-scroll\">Consider the Risks An investment in the Interests involves substantial investment and tax risks, including, without limitation, the following risks:<\/p>\n\n<ul  class=\"appear-on-scroll wp-block-list\" >\n<li>There are various risks associated with owning, financing, operating, and leasing commercial properties in Virginia. \u2022 The Interests do not represent a diversified investment.<\/li>\n\n\n\n<li>Beneficial Owners must completely rely on the Property Manager to collect the rent and operate, manage, lease, and maintain the Property.<\/li>\n\n\n\n<li>The Beneficial Owners have no voting rights with respect to the management or operations of the Trust or in connection with the sale of the property.<\/li>\n\n\n\n<li>There are various conflicts of interest among the Trust, the Sponsor, the Signatory Trustee, and their Affiliates.<\/li>\n\n\n\n<li>The Interests are illiquid.<\/li>\n\n\n\n<li>There are tax risks associated with an investment in the Interests.<\/li>\n\n\n\n<li>There are risks related to competition from properties similar to and near the property.<\/li>\n\n\n\n<li>There may be environmental risks related to the property. <\/li>\n<\/ul>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>100% triple net leased to the largest specialty golf retailer in the world through June 30, 2029<\/p>\n","protected":false},"featured_media":0,"template":"","meta":{"featured_image_background_position":"","code":"CSRA","address":"2000 Old Brick Road\nGlen Allen VA 23060","city":"Glen Allen","state":"VA","zip_code":"","details":"","status":"Closed","acquisition-date":"2015-05-01","address-full":"","lat":37.6472792,"lng":-77.5962521,"footnotes":""},"tags":[],"service":[104],"investment":[48],"class_list":["post-2322","location","type-location","status-publish","hentry","service-invest","investment-1031-exchange-dst"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.3 - 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Raising capital, buildings and expectations","description":"Capital Square is one of the nation\u2019s leading sponsors of tax-advantaged real estate investments and an active developer and manager of multifamily communities","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/capitalsq.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"}]}},"rendered-html":"<div class=\"clickable excerpt-card location-status-Closed post-2322 location type-location status-publish hentry service-invest investment-1031-exchange-dst\" id=\"p2322\" data-href=\"https:\/\/capitalsq.com\/offerings\/richmond-golf-retail-dst\/\" data-location-status=\"closed\" data-lat=\"37.6472792\" data-lng=\"-77.5962521\">\n\n<a href=\"https:\/\/capitalsq.com\/offerings\/richmond-golf-retail-dst\/\" class=\"thumbnail\" aria-labelledby=\"p2322-title\">    <span class=\"location-status closed\">Closed<\/span><\/a>\n\n<h3 class=\"title\" id=\"p2322-title\"><a href=\"https:\/\/capitalsq.com\/offerings\/richmond-golf-retail-dst\/\">Richmond Golf Retail, DST<\/a><\/h3>\n<div class=\"content\"><p>100% triple net leased to the largest specialty golf retailer in the world through June 30, 2029<\/p>\n<\/div>\n<div class=\"meta-bottom\">\n    <div class=\"location\"><span class=\"icon fa-solid fa-location-dot \"><\/span>Glen Allen, VA<\/div>\n    <div class=\"terms type\"><a href=\"https:\/\/capitalsq.com\/investment\/1031-exchange-dst\/?post_type=location\" rel=\"tag\">1031 Exchange &amp; DST<\/a><\/div><\/div>\n\n<\/div>","_links":{"self":[{"href":"https:\/\/capitalsq.com\/wp-json\/wp\/v2\/location\/2322","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/capitalsq.com\/wp-json\/wp\/v2\/location"}],"about":[{"href":"https:\/\/capitalsq.com\/wp-json\/wp\/v2\/types\/location"}],"version-history":[{"count":0,"href":"https:\/\/capitalsq.com\/wp-json\/wp\/v2\/location\/2322\/revisions"}],"wp:attachment":[{"href":"https:\/\/capitalsq.com\/wp-json\/wp\/v2\/media?parent=2322"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/capitalsq.com\/wp-json\/wp\/v2\/tags?post=2322"},{"taxonomy":"service","embeddable":true,"href":"https:\/\/capitalsq.com\/wp-json\/wp\/v2\/service?post=2322"},{"taxonomy":"investment","embeddable":true,"href":"https:\/\/capitalsq.com\/wp-json\/wp\/v2\/investment?post=2322"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}