Cove Texas Small Bay 85 Flex DST

San Antonio, TX


Asset Class:Flex-Industrial
Leverage:0% - All-Cash/Debt-Free
Location(s):San Antonio, TX
Minimum Investment:$25,000
Offering Type: DST
1031 Exchange Qualified:Yes

Property Description

Texas Small Bay 85 Flex DST is a 68,400 square foot multi-tenant flex/industrial asset built in 2000 and located in the Northwest submarket of San Antonio, Texas. It consists of two, single-story flex/industrial buildings that are 100% leased to a diverse and dedicated tenant base with an average tenant tenure of 9.8 years that is also anchored by the U.S. Geological Survey and U.S. Fish & Wildlife Services. The dynamic location is near millions of square feet of retail including The Rim, 3,500+ apartment units, UTSA, South Texas Medical Center, La Cantera Golf Course and Resort.

MSA Details

San Antonio is the nation’s 7th largest city and the 24th largest metropolitan service area (MSA) in the United States. The San Antonio-New Braunfels MSA (referred to as Greater San Antonio) encompasses eight counties and is situated in South-Central Texas along the I-35 corridor with a population of over 2.6 million people; 200 miles west of Houston, 280 miles southwest of Dallas and 84 miles south of Austin. The MSA is centrally located between the East and West Coasts, with close proximity to Mexico. Due to its central location and positioning along Interstate 35, more than half of the total goods flowing between the U.S. and Mexico travel through San Antonio before reaching their final destination.

Property Highlights

  • 68,400 SF multi-tenant flex/industrial asset located in the booming Northwest Submarket of San Antonio, TX
  • Constructed in 2000, the Property boasts a dedicated tenant base with an average tenant tenure of 9.8 years and a WALT of over 5.4 years
  • Located just one-third of a mile west of IH-10 and under two miles from the IH-10 and Loop 1604 intersection
  • Parallel positioning along De Zavala Road with prominent signage and over 33,000 vehicles per day passing directly in front of the Property

Source: Brochure, PPM, Google Maps, CoStar

The market information provided above may not predict the future performance of the property.

*Distribution is not guaranteed and is subject to available cash flow. For further information about cash flow distributions from operations and capital events, please refer to the offering’s Private Placement Memorandum.

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Risks & Disclosures

All offerings shown are Regulation D Rule 506c offerings.

This material has been prepared for accredited investors (generally described as having a net worth of over $1 million dollars exclusive of primary residence) and accredited entities only. If you are unsure if you are an accredited investor and/or an accredited entity, please verify with your CPA and Attorney prior to considering an investment.

The information herein has been prepared for educational purposes only and does not constitute an offer to purchase securitie or real estate investments. Such offers are only made through the sponsors Private Placement Memorandum (PPM) which is solely available to accredited investors and accredited entities.

IRC Section 1031, IRC Section 1033 and IRC Section 721 are complex tax concepts, therefore you should consult your legal or tax professional regarding the specifics of your particular situation prior to considering an investment.

This material is not to be interpreted as tax or legal advice. Please speak with your own tax and legal advisors for advice/guidance regarding your particular situation.

There are risks associated with investing in real estate and Delaware Statutory Trust (DST) properties including, but not limited to, loss of entire investment principal, declining market values, tenant vacancies and illiquidity.

Investors should read the PPM carefully before investing paying special attention to the risk section.

Because investors situations and objectives vary this information is not intended to indicate suitability for any particular investor. Please speak with your CPA and Attorney to determine if an investment in real estate and DST properties is suitable for your particular situation/circumstances.

Past performance is not indicative of future returns.

Potential cash flows/returns/appreciation are not guaranteed and could be lower than anticipated.

There are significant limitations on the ability to sell or transfer interests.

Expected cash flows and returns may not be realized and a loss of invested capital is possible.

The Sponsor, Co-Sponsor, Master Tenant, Trustee & Affiliates will all receive substantial fees relating to the syndication, ongoing management and disposition of this offering.

Securities offered through FNEX Capital, member FINRASIPC.

There are important risks specific to each tenant and their respective leases, including expiration dates, early termination options, renewal options and economics relating to rents paid and expense reimbursements. Should a tenant fail to meet their obligations, terminate early or fail to renew their lease it could have a material negative impact on the financial performance of this property.