SAIC Building
Office property in Beavercreek, OH · sponsored by Thompson National Properties
SAIC Building was a DST sponsored by Thompson National Properties that owned an office property in Beavercreek, OH (86,928 square feet). Its last Form D, filed Oct 4, 2012, reports the offering fully sold.
How it ended
The last Form D, filed Oct 4, 2012, reports the offering fully sold.
Key facts
- Minimum investment
- $25,000From the Form D
- Offering size
- $6,075,000Equity offered, per the Form D
- Sold
- 100%Form D, Oct 4, 2012; the % is our arithmetic
- Investors reported
- Form D, Oct 4, 201220
- Selling commissions
- Form D Item 15; the % is our arithmetic$425,250 · 7.0% of offering
- Financing
- Leveraged. This offering reports mortgage debt on the property.How it is financed ↓
- Offered under
- Rule 506(b)General advertising and solicitation are not permitted under this exemption.
Figures come from SEC Form D filings unless a source is cited. Sponsor-stated figures are as reported by the sponsor; Top1031 does not independently audit them. On a 45-day clock? Find day 45 and day 180 →
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Ask a 1031 specialist about this recordFree. About: SAIC Building. Top1031 is not a broker-dealer.What did SAIC Building own?
Thompson National Properties acquired the newly constructed Class A office building at 3745 Pentagon Blvd. in Beavercreek, Ohio, in 2012 on behalf of 1031 exchange investors. 2 The sponsor helped SAIC move into the building as its new headquarters. The Dayton Business Journal reported in July 2026 that the property sold for $10.3 million, naming the Trust as the former owner and a Columbus-based entity as buyer. 1 An August 2026 listing marketed space there for lease. 4
- Reported location
- Beavercreek, OH
- Property size
- 86,928 square feet; 3 stories; 4.61 acres
How was it financed, and what did it cost to sell?
This was a leveraged Trust rather than an all-cash one, meaning mortgage debt sat above the investors' equity. Thompson National Properties said the acquisition was financed by American National Insurance Company. 2 The Form D filings themselves disclose no debt terms.
Debt
- Financing
- Leveraged. This offering reports mortgage debt on the property.
Costs and terms from the Form D
- Selling commissions
- $425,250 · 7.0% of offering
- Finders’ fees
- $0
- Paid to officers, directors and promoters
- $0 · 0.0% of offeringForm D Item 16
- Broker-dealers named in the Form D
- 1 named in the Form D
Show the firms
- TNP Securities, LLC · CRD 149178
Individual representatives named in Item 12 are not listed.
- Date of first sale
- Jul 30, 2012
- Minimum investment
- $25,000
Form D Item 15 and Item 16 amounts may be the issuer’s estimates; each percentage is Top1031’s arithmetic on two Form D figures. Item 16 can overlap Item 15, so Top1031 does not add them together.
Who's behind SAIC Building?
Thompson National Properties sponsored this Trust from Irvine, California; the Form D lists a principal address of 1900 Main Street. 5 The firm ran a series of Delaware statutory trust programs for 1031 exchange investors in the early 2010s, and this Beavercreek office deal was one of them. It announced the acquisition in August 2012, describing the purchase as made on behalf of exchange investors. 2
- Sponsor
- Offerings on record
What does the SEC record show?
- Legal Trust name
- TNP 3745 PENTAGON BLVD DST
- SEC CIK
- 1555942
- First Form D
- Aug 14, 2012
- Latest Form D
- Oct 4, 2012
- Filings on record
- 2
- Offered under
- Rule 506(b)General advertising and solicitation are not permitted under this exemption.
- Source filing
SEC Form D filings, newest first
| Filed | Form | Offering amount | Amount sold | Investors | Minimum | Filing on SEC EDGAR |
|---|---|---|---|---|---|---|
| Form D/A | $6,075,000was $18,635,000 | $6,075,000+$3,163,890 | 20+9 | $25,000was $76,687 | EDGAR | |
| Form D | $18,635,000 | $2,911,110 | 11 | $76,687 | EDGAR |
Amounts, investor counts and minimums are as filed with the SEC on Form D. The change lines are Top1031’s arithmetic between consecutive filings; a new Form D notice starts a new count.
A Form D is the notice a sponsor files when it starts raising money. A Form D filing does not mean the SEC approved, endorsed, or verified the offering.
Common questions
- What happened to SAIC Building?
- SAIC Building is a Historical offering. The last Form D, filed Oct 4, 2012, reports the offering fully sold.
- Who was the tenant?
- Science Applications International Corporation (SAIC) occupied the entire building under a triple-net lease — a structure in which the tenant pays property taxes, insurance, and maintenance — with an initial ten-year term beginning July 1, 2012, according to the sponsor's offering summary.
- Was the Trust financed with debt?
- Yes. Thompson National Properties stated in its August 2012 announcement that American National Insurance Company financed the acquisition. Specific loan terms are not disclosed in the SEC filings, and the loan assumptions in the May 2012 offering summary were forward-looking terms, not a record of the debt as it actually performed.
- Did investors report an outcome?
- No investor-level outcome has been reported in the sources available. The building's July 2026 sale price was reported by the Dayton Business Journal, but no distribution history, total return, or per-unit result for the Trust's investors appears in any public record reviewed.
In the news
Sources
Show sources (11)Hide sources (11)
These links support the record as a whole; individual details may come from different sources.
- Dayton Business Journal ↗
- PR Newswire / Thompson National Properties, LLC ↗
- TNP 3745 Pentagon Blvd. DST Executive Summary (Thompson National Properties / 1031 Gateway copy) ↗
- ZoomProspector ↗
- U.S. Securities and Exchange Commission, Form D ↗
- U.S. Securities and Exchange Commission, Form D/A ↗
- 1031gateway.com ↗
- rejournals.com ↗
- loopnet.com ↗
- showcase.com ↗
- bizjournals.com ↗
DST interests are illiquid private securities. You may lose some or all of your investment. Distributions, tax treatment, and exit timing are not guaranteed. Review the current offering documents before investing.