AAA Texas DST

Amarillo, TX


Asset Class:Office
Leverage0% - All-Cash/Debt-free
LocationAmarillo, TX
Minimum Investment:$100,000
Current DistributionMonthly/Inquire
Offering Type:DST
1031 Exchange Qualified:Yes

Property Description

In an income tax-free state, AAA Texas DST is a 29,747 sq ft office building that is leased to the Texas Department of Family Protective Services (DFPS). The DFPS in Amarillo services 26 surrounding counties, making it critical to the department’s ability to serve the Texas Panhandle.

The lease is guaranteed by The State of Texas, which is one of only 12 states to carry the highest possible rating across the three major credit rating agencies. The Property’s location makes it easily accessible to some of Amarillo’s busiest roads and highways.

MSA Details

Amarillo has recently experienced its most economic development in 30 years. Amazon, Asset Protection Unit, and Texas Tech University Vet School were named some major organizations contributing to the city and metropolitan area’s economic growth. Through the COVID-19 pandemic in Texas, the Amarillo Chamber of Commerce announced a new initiative to help local businesses rebound from the pandemic. Beyond the famed Route 66, Amarillo is conveniently connected to the region and country via rail, airports and highways. The central position and access to a multitude of transportation options make it ideally suited for distribution operations. National companies such as Ben E. Keith, Affiliated Foods, Inc., and AmeriCold have built successful operations in Amarillo. The locational benefits are enhanced by the Foreign Trade Zone status which helps local companies import/export more expediently and at a reduced expense.

Property Highlights

  • 29,747 sq ft office building leased to the Texas Department of Family and Protective Services
  • Lease is guaranteed by The State of Texas, which is one of only 12 states to carry the highest possible rating across the three major credit rating agencies (Moody’s: Aaa; S&P: AAA; Fitch AAA)
  • The DFPS employs 250+ people here and uses this location to service 26 surrounding counties making it critical to the department’s ability to serve the Texas Panhandle
  • The tenant recently executed a lease extension showing its commitment to staying in the location
  • The lease features annual CPI adjusted increases potentially protecting against inflation
  • Texas is one of the rare states with no state income, inheritance or estate taxes
  • The Property has easy access to some of the busiest streets in Amarillo and national retailers are in the area with over 2,350,000 square feet of occupied retail space within a one-mile radius

Source: Preliminary Information

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 Growth Capital Services, Member FINRA and SIPC, Office of Supervisory Jurisdiction located at 582 Market Street, Suite 300, San Francisco, CA 94104.

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.