Frequently Asked Questions
FireSuites are a first-of-their-kind investment opportunity inspired by the triple-net lease structure, but with the high yields of other asset types. Here are the answers to the most common questions investors ask us.
Do I have any rights to tickets or usage of the FireSuite as an investor?
Yes. As the primary investor of the suite you will have access to tickets at face value for personal use, but not for resale.
Will I receive rent if the location is not yet open for business?
Yes. Rental payments begin the month after closing. Your first rent check will arrive by the 10th of the following month, prorated to your closing date. For example, if you close on September 15, 2025, your first rent payment will arrive by October 10, 2025, reflecting the prorated September rent as well as the first full month of rent (October, in this example). To note, VENU has a reserves account set up to cover rents during the construction of the amphitheater until it is open and operating.
How do ticket sales impact my rental income?
They don’t. Rental income is guaranteed by VENU Holding Corporation under the lease. Your income is not affected by ticket sales, suite occupancy, or event cancellations. Investors may request an individual ticket sales accounting of your owned FireSuite as you near the end of your leaseback term, which will help inform you on your decision to exercise the guaranteed buyback or retain the occupancy and ticketing rights.
Can I sell my FireSuite during the term of the lease?
Yes. You may sell your FireSuite at any time. Sands Investment Group maintains a waitlist of qualified buyers and can assist if you decide to divest.
What happens at year 15?
At the end of the 15-year term, you (the investor) have two options:
- Accept the Buyout: VENU guarantees a buyback at 1.5x your original purchase price.
- Decline the Buyout: You may choose to continue ownership. In this case, your suite converts to VENU’s Ticket Consignment Program, where VENU manages and resells tickets on your behalf (with a 30% consignment fee). You retain ownership and may sell the suite back to VENU or to another investor at any time.
Full details are outlined in the Offering Memorandum.
Does the opportunity qualify for a 1031 exchange or depreciation?
No. FireSuites are not eligible for 1031 exchange treatment or depreciation benefits.
Do I own the land under the FireSuite?
FireSuite investments are structured as contractual leasehold interests, modeled after sale-leaseback arrangements commonly seen in real estate. Investors do not own the underlying land or amphitheater. Instead, they hold a long-term income contract with VENU Holding Corporation under an NNN-style lease.
How does VENU Holding Company determine where to open amphitheaters?
VENU strategically selects amphitheater locations based on regional demand for live entertainment, population growth, local economics, and community support. Current and planned venues include high-growth markets such as Colorado Springs, Gainesville, Centennial (Denver), Broken Arrow (Tulsa), El Paso, and McKinney (Dallas).
I have a larger budget. Is there a limit to the number of FireSuites I can invest in?
No. Investors may purchase multiple FireSuites, subject to availability. Each amphitheater has a limited number of suites (typically 200–250), so early investors have more flexibility in selecting preferred locations.
I’d like to see a FireSuite and/or amphitheater before I invest. Can I arrange a site visit?
Yes. Site visits are available by appointment. Please contact Sands Investment Group to schedule a private tour of an operating amphitheater or under-construction FireSuite.
In the event that VENU Holding Corporation is no longer a going concern, where do FireSuites owners fall in the capital stack or legal hierarchy of creditors?
VENU projects are structured without construction debt. As a result, FireSuite investors hold a direct contractual lease obligation with VENU, rather than being subordinated to a lender in first position. Treatment in a bankruptcy would depend on the master lease and applicable law; investors should review the offering memorandum and consult independent counsel.
IMPORTANT INFORMATION
Sands Investment Group and its affiliates do not practice law and do not give legal, tax, or accounting advice. The information contained herein is for informational purposes only and is not intended to provide, and should not be relied on for legal, tax, or accounting advice. Investors should consult their own legal, tax, and accounting advisors before making any financial decisions. We are always available to collaborate with you and your trusted advisors as you plan your next steps.
Be First In Line
Sands Investment Group (“Broker”) is presenting for sale the Subject Property (“Property”) referenced above, by the Property’s owner (the “Owner”). Our agreement with the Owner requires that we obtain a Non-Disclosure before disclosing the name and location of his/her location of his/her business. The undersigned (“Recipients”) hereby acknowledge and agree that certain confidential information that has been or may be disclosed is intended solely for Recipients’ limited use in considering whether to pursue negotiations to acquire the Property.
Neither the Owner of the Property nor Broker or any of their respective officers, employees or agents, make any representation or warranty, expressed or implied, as to the accuracy or completeness of this confidential information and no legal liability is assumed or shall be implied with respect thereto. Information provided has been or will be gathered from sources that are deemed reliable; however, neither Owner nor Broker warrants or represents that the information is true or correct. Recipients are advised to verify information independently. Owner and/or Broker reserve(s) the right to change the Property’s purchase price, or any Property or market information provided, or to withdraw the Property from the market at any time without notice.
Recipients agree that the information provided by Broker is confidential and as such, agrees to hold and treat such information in the strictest of confidence. In addition, Recipients agree not to disclose, directly or indirectly, or permit anyone else to disclose this information to any person, firm or entity without prior written authorization of Owner or Broker and not use, or permit to be used this information in any fashion or manner detrimental to the interests of Owner or Broker. Photocopying or other duplication of such confidential information is strictly prohibited. Recipients agree not to contact the Property’s tenant(s), leasing brokers, or property management staff in connection with Recipients’ review of the Property or confidential information. IN ADDITION, THE CONFIDENTIAL INFORMATION SHALL NOT BE DEEMED AS REPRESENTATIVE OF THE STATE OF AFFAIRS OF THE PROPERTY OR CONSTITUTE AN INDICATION THAT THERE HAS BEEN NO CHANGE IN THE BUSINESS OR AFFAIRS OF THE PROPERTY SINCE THE DATE OR PREPARATION OF THE OFFERING MEMORANDUM.
While Owner and/or Broker may discuss the purchase and sale of the Property with Recipients, either Owner or Broker, in our sole and absolute discretion, may terminate sale discussions at any time and for any reason. Recipients acknowledge that neither Owner nor Broker has any obligation to discuss or agree to the sale of the Property. The acquisition discussions may be lengthy and complex. Notwithstanding that the parties may reach one or more oral understandings or agreements on one or more issues, neither of the parties shall be bound by any oral agreement of any kind, and no rights, claims, obligations or liabilities of any kind, either expressed or implied, shall arise or exist in favor of or be binding upon either Owner or Broker except to the extent expressly set out in a written agreement signed by both Owner and Broker.
This letter will further confirm that Recipients understand that Broker is presenting the information on the above-referenced Property and that Recipients agree that all initial correspondence and agreements pertaining to the opportunities and subsequent purchase shall be submitted through Agent. Prospective Buyer shall not contact the Owner directly unless given written permission by Agent or act either directly, indirectly, through any third parties including affiliates, other clients or other brokers to circumvent the purpose of this Agreement.
The term of this Agreement is for one (1) year from the date below, which shall be automatically extended through any ongoing negotiations, escrow periods or closing of any purchase and sales transaction(s) for the opportunity entered into by Prospective Buyer or its affiliates during the term hereof.
By filling in your information and submitting this form, you are accepting the terms of this agreement.
