Cove Ponder Small Bay Industrial 101 DST
Ponder, TX
| Asset Class: | Industrial |
| Leverage: | 0% - All-Cash/Debt-free |
| Location(s): | Ponder, TX |
| Minimum Investment: | $100,000 |
| Current Distribution: | Monthly/Inquire |
| Offering Type: | DST |
| 1031 Exchange Qualified: | Yes |
Property Description
Ponder Small Bay Industrial 101 DST is an all-cash/debt-free asset featuring 115,650 Sq. Ft. of nineteen-building flex industrial park in Ponder, Texas. The property was built in 2018 and 2022/23 with a diverse tenant mix that 100% occupies the units. It also has excellent accessibility to heavily traversed corridors within the high-growth Dallas-Fort Worth MSA via the I-35 W and N FM 156. The sponsor intends to have a value-add strategy by renewing and extending expiring leases over the coming years capturing mark-to-market rental rates while converting gross leases to NNN structures.
The offering provides investors with full optionality with its potential 721 exchange UPREIT exit strategy. This is preferred in that investors will be given the choice as to whether they want to participate in the 721 exchange or not.
Property Highlights
- All-Cash/Debt-Free Offering featuring attractive multi-tenant flex/small bay industrial park, a highly sought after asset class
- 100% occupied as of 9/15/25 with 115,650 rentable square feet
- Located in the income tax free state of Texas
- Located in the high growth Dallas - Fort Worth Metropolitan Statistical Area (MSA)
- Diverse tenant mix across 19 fully occupied buildings
- Value-Add Strategy: Renew and extend expiring leases over the coming years capturing mark-to-market rental rates while converting gross leases to NNN structures
- Sponsor Co-Investment: - The Cove Capital principals are investing their own dollars into the offering - helping create an alignment of interests between the sponsor and investors in the offering
Source: Brochure
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.
