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

No public outcome found

The last Form D, filed Oct 4, 2012, reports the offering fully sold.

Key facts

Minimum investment
$25,000
From the Form D
Offering size
$6,075,000
Equity offered, per the Form D
Sold
100%
Form D, Oct 4, 2012; the % is our arithmetic
Investors reported
20
Form D, Oct 4, 2012
Selling commissions
$425,250 · 7.0% of offering
Form D Item 15; the % is our arithmetic
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 offering
Form D Item 16
Broker-dealers named in the Form D
1 named in the Form D
Show the firms

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.

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.

SEC Form D filings, newest first

SEC Form D filings for SAIC Building, newest first
FiledFormOffering amountAmount soldInvestorsMinimumFiling on SEC EDGAR
Form D/A$6,075,000was $18,635,000
$6,075,000+$3,163,890
20+9
$25,000was $76,687EDGAR
Form D$18,635,000
$2,911,110
11
$76,687EDGAR

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

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These links support the record as a whole; individual details may come from different sources.

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.