San Antonio DST
San Antonio, TX
Asset Class: | Office |
Leverage | 0% - All-Cash/Debt-free |
Minimum Investment: | $100,000 |
Current Distribution | Monthly/Inquire |
Offering Type: | DST |
1031 Exchange Qualified: | Yes |
Property Description
San Antonio DST consists of three 100% leased office buildings, all leased to Alorica Inc, totaling 115,775 sq ft. The properties benefit from strong tenant commitment and excellent access to Interstate 10. The tenant Alorica is the world’s largest provider of customer service experiences to North American consumers, employing over 100,000 people. Positioned just off of I-10, a major commuting highway that sees a daily traffic count of more than 209K vehicles. The Portfolio sits within a larger office park that is home to major corporations such as Accenture, Siemens, Wellmed, and many more.
MSA Details
San Antonio is the seventh-most populous city in the United States, and the second-most populous city in both Texas and the Southern U.S., with more than 1.5 million residents. It was the fastest-growing of the top ten largest cities in the U.S. from 2000 to 2010, and the second from 1990 to 2000. The city is the center of the San Antonio–New Braunfels MSA, an area with a population of 2,473,974 based on the 2017 U.S. census estimate, making it the 24th-largest metropolitan area in the U.S. and third-largest in Texas.
Property Highlights
- All-Cash/Debt-Free Portfolio
- The portfolio features three long-term leases to Alorica Inc., with each lease including potential annual 2.0% rental increases
- Alorica is the world’s largest provider of customer service experiences to North American consumers, employing over 100,000 people
- 100% Leased; 115,775 rentable SF
- Long-Term Net Leased Portfolio
- Excellent Access to I-10
- Strong Tenant Commitment
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.
All DST properties shown are subject to availability. There can be no assurance that the DST properties shown will be available.