Houston Corporate Headquarters DST Investment Opportunity for 1031 Exchange and All-Cash Investor

Houston Corporate

Houston Corporate 49 DST 

The Houston Corporate 49 DST is an All-Cash/Debt-Free investment opportunity for accredited investors who are interested in investing in the corporate headquarters of Blinds.com, a subsidiary of Home Depot. The Houston Corporate 49 investment seeks to provide investors a risk-adjusted, durable income stream, with a debt-free entry point and multiple exit strategies for risk mitigation. The 107,923 square-foot building is 100% occupied by Blinds.com, and is secured by a long-term lease that is corporately guaranteed by Home Depot, an investment grade company with an A rating from Standard & Poors. 

Home Depot posted $132 billion in revenue for 2020, employs 500,000 employees, has 2,300 locations that sells more than 25,000 different products. 

Blinds.com is the world’s largest online window covering store, selling custom designer blinds, drapes, and shutters since 1966. Acquired by Home Depot in 2014 to help the home improvement giant bolster its custom window covering options, and added a $100 million revenue stream to its operation. Blinds.com is also part of Global Custom Commerce (GCC), the world’s largest online retailer for blinds, shades and other custom window as well as the #1 e-commerce company in Houston. 

The building sits on a 5.76 acre parcel of land (250,905 SF), and contains 107,923 sf of corporate office space that is distributed among four stories that are all occupied by a Blinds.com. The investment is located on the highly trafficked street that provides great exposure for the more than 43,000 cars that travel by it every day.  In addition, the location is one quart mile away to the Sam Houston Parkway (8), 35 minute-drive to the Houston International Airport, and surrounded by one of Houston’s most affluent neighborhoods with an average annual income of $82,658. 

See more about the Houston market here. 

Investment Highlights: 

Backed by Home Depot Corporate Credit:

  • Blinds.com is a full subsidiary of Home Depot
  • Standard & Poor’s Rating Agency gives Home Depot an A Credit Rating

Total acreage and square feet:

  • 5.76 Acres/250,905 square feet

Building Configuration: 

  • 107,923 square feet Existing Building
  • 4 Stories/Single-Tenant 
  • 100% Occupied

Immediate Area Population Concentration: 

  • 597,000 people & 82,000 Households/5-mio Radius 

City of Houston:

  • Fourth Largest City in United States 
  • 24 Fortune 500 Company Headquarters – third most than any other state. 
  • Second largest metropolitan area for Manufacturing GDP

Learn More About This Offering

View the property overview and access the Indication of Interest brochure.

Learn More

About Kay Properties and www.kpi1031.com

Kay Properties is a national Delaware Statutory Trust (DST) investment firm. The www.kpi1031.com platform provides access to the marketplace of DSTs from over 25 different sponsor companies, custom DSTs only available to Kay clients, independent advice on DST sponsor companies, full due diligence and vetting on each DST (typically 20-40 DSTs) and a DST secondary market.  Kay Properties team members collectively have over 115 years of real estate experience, are licensed in all 50 states, and have participated in over $21 Billion of DST 1031 investments.

This material does not constitute an offer to sell nor a solicitation of an offer to buy any security. Such offers can be made only by the confidential Private Placement Memorandum (the “Memorandum”). Please read the entire Memorandum paying special attention to the risk section prior investing.  IRC Section 1031, IRC Section 1033 and IRC Section 721 are complex tax codes therefore you should consult your tax or legal professional for details regarding your situation.  There are material risks associated with investing in real estate securities including illiquidity, vacancies, general market conditions and competition, lack of operating history, interest rate risks, general risks of owning/operating commercial and multifamily properties, financing risks, potential adverse tax consequences, general economic risks, development risks and long hold periods. There is a risk of loss of the entire investment principal. Past performance is not a guarantee of future results. Potential cash flow, potential returns and potential appreciation are not guaranteed.

Nothing contained on this website constitutes tax, legal, insurance or investment advice, nor does it constitute a solicitation or an offer to buy or sell any security or other financial instrument. Securities offered through Growth Capital Services, member FINRASIPC, Office of Supervisory Jurisdiction located at 2093 Philadelphia Pike Suite 4196 Claymont, DE 19703.

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