# AX Essential Retail Portfolio, DST

Canonical page: https://sequoia-research.com/sequoia-ax-essential-retail-portfolio-dst-e847baa3.html

## Investment description

This Delaware statutory trust holds grocery-store properties in Washington’s North Puget Sound region. The stores operate under the Haggen name in Mount Vernon, Stanwood, Ferndale and Burlington. The ownership structure includes an affiliated master lease, and investors acquire beneficial interests in the trust.

## Key facts

- Fundraising Status: Open
- Sponsor Name: Apollo RE Exchange, LLC
- Locations: Washington
- Equity: $91,520,000
- Debt: $0
- LTV (investor offering): 0%
- Property Type: Grocery retail
- Y1 Income: Login required.
- Average Income: Login required.
- Overall Scorecard Rating: Login required.

Projected income percentages use original equity and exclude exit proceeds. LTV = allocated debt / (equity + allocated debt). Figures reflect reviewed document dates, not current operating results. Projections are not guaranteed; availability is maintained separately. Evidence confidence is reported separately.

## Sponsor overview

Apollo RE Exchange, LLC sponsors the offering. The PPM describes Apollo’s real estate and net-lease platforms; related entities serve as seller, manager, master tenant, dealer manager and potential purchaser under the offering’s option provisions.

## Detailed analysis

Detailed reports are sold separately for personal viewing in a member account. This summary does not include the protected report or its page images. See the canonical page for current report pricing and availability.

For informational and educational purposes only. Our research and opinions are not personalized investment, legal, or tax advice, an offer to sell or solicitation to buy securities, or a recommendation or endorsement of any investment. Do not rely on this research alone to make an investment decision. Review the current Private Placement Memorandum (PPM) and all applicable offering documents, and consult a registered investment adviser or other qualified investment professional and your legal and tax advisers. Private investments can be illiquid and involve significant risk, including loss of your entire investment. Past performance, projected income, and ratings do not guarantee future results. Information may be incomplete or change; confirm current offering availability directly with the sponsor.

[Terms and Conditions](https://sequoia-research.com/terms.html)