Top1031

AX DG San Antonio, DST

Net lease retail — sponsored by Apollo

Minimum investment
$25k
Offering size
$38.7M
How much has sold
100.0%
Asset type
Net lease retail
Location
Not stated
Financing
Not stated. The filings for this offering do not say whether it carries mortgage debt.

Sponsor-reported, from SEC filings and cited sources.

Chapter 1

What is this, in one paragraph?

AX DG San Antonio, DST combines the historical SEC filing record with the cited public sources we found for the property and its outcome. Use the chapters below to see what those sources establish, then use the source list to check the underlying materials.

On a 45-day clock? Find day 45 and day 180 from the sale date, then come back to this record.

Chapter 2

How did it end?

What happened

No sale or other ending on record

Form D/A amendments were filed continuously through July 2, 2025, with $38,670,000 reported sold as of that filing, indicating the DST is still actively in its offering/hold period and has not reached a full-cycle disposition; no press release, sponsor news, or trade-press announcement naming a property sale or 721 UPREIT conversion was found.

Supporting evidence
Chapter 4

What does the paperwork say?

  1. First Form D filedThe public offering record begins.
  2. Offering amount recordedA Form D amendment recorded offering and sales totals.
  3. Filing record updatedA later amendment updated the sponsor’s filing record.
  4. Latest Form D filedThe most recent sponsor-filed checkpoint in this record.
Filings on record
10
How it may be offered
Rule 506(b)Not advertised publicly. Offered through existing relationships.
Source filing
Read the filings on SEC EDGAR

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.

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 Private Placement Memorandum before investing.

Chapter 5

Common questions

What happened to AX DG San Antonio, DST?

Top1031 lists AX DG San Antonio, DST as historical. It is no longer raising money.

Where does Top1031 get the data for AX DG San Antonio, DST?

Top1031 builds this record from the sponsor’s own SEC filings and cited sponsor disclosures. Filings can lag what is happening now. A Form D filing does not mean the SEC approved, endorsed, or verified the offering.