Minimum investment
$50k
Offering size
$10.3M
How much has sold
89.0%
Asset type
Retail net lease property
Location
Queen Creek, AZ
Financing
Not stated. The filings for this offering do not say whether it carries mortgage debt.
Sponsor-reported, from SEC filings and cited sources.
What is this, in one paragraph?
ARCTRUST Phoenix DST is a Delaware statutory trust — a structure letting 1031 exchangers hold fractional interests in real estate — holding three single-tenant retail buildings in metro Phoenix leased to Harbor Freight, Salad & Go and Advance Auto Parts. The sponsor listed the offering as open to new investments on August 30, 2026.1 Salad & Go's operator filed Chapter 11 and closed its stores in August 2026.
Up to $10.2M equity; min $50k; 506(c) accredited; 100% leased; tenants: Harbor Freight, Salad & Go, Advance Auto
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These links support the public record as a whole; individual details may come from different sources.
On a 45-day clock? Find day 45 and day 180 from the sale date, then come back to this record.
What exactly is the property?
The Trust holds three single-story, freestanding, single-tenant retail buildings in the Phoenix metropolitan area — one in Queen Creek and two in Peoria — each reported 100% leased in ARCTRUST's November 1, 2023 launch release.2 No filing or sponsor material reviewed states a purchase price or an acquisition date for any of the three.
- Property address
- 21244 East Ocotillo Road, Queen Creek, AZ
- Property size
- 23,243 SF total (15,301 / 815 / 7,127 SF)
Who is the tenant, and what's the lease?
Each building is net leased, meaning the tenant rather than the Trust carries operating costs. The sponsor identifies the tenants as Harbor Freight, Salad & Go and Advance Auto Parts.1 Salad & Go closed all of its stores on August 5, 2026 after filing for Chapter 11, so the fate of that lease now sits with a bankruptcy court.
How are sales going?
These are the sponsor’s own numbers. They can lag what has actually sold, and they do not confirm that interests are still available.
89.0% reported sold
- Amount sold
- $9,182,272
- Still available
- $1,087,728
- Investors reported
- 28
- Total offering
- $10,270,000
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How is it financed, and what does it pay?
Nothing in the Form D notices or the sponsor material reviewed names a lender or a mortgage amount, so leverage is unresolved in the public record.3 Any loan would be described in the PPM, the private placement memorandum given to prospective investors. Debt matters because a 1031 exchanger generally must replace it.
Who's behind it?
ARCTRUST Private Capital announced this Trust on November 1, 2023, seeking up to $10.2 million of equity from accredited investors — buyers who meet SEC income or net-worth tests — at a $50,000 minimum.2 As of August 30, 2026 the sponsor's investments page still carried the Phoenix DST card under "Open to New Investments," identifying the offering as running from 2023 to present with the same three tenants.1
- Sponsor
- ARCTRUST
- Legal Trust name
- ARCTRUST Phoenix DST
- May convert to a REIT
- No
- Offerings from this sponsor
- 2 active / 6 total offerings from ARCTRUST
Reported by the sponsor. Top1031 does not independently audit sponsor-reported figures.
What does the paperwork say?
The original notice has been amended twice, each amendment reporting additional equity sold and one more investor. All three notices list estimated sales commissions of $924,300, and the exemption used here permits public advertising only where the issuer verifies each purchaser's accredited status.
- First Form D filedThe public offering record begins.
- Offering amount recordedA Form D amendment recorded offering and sales totals.
- Latest Form D filedThe most recent sponsor-filed checkpoint in this record.
- Filings on record
- 3
- How it may be offered
- Rule 506(c)May be advertised publicly. Every buyer’s accredited status must be verified.
- 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.
Common questions
Is Phoenix DST 3-property net lease portfolio still raising money?
Top1031 lists Phoenix DST 3-property net lease portfolio as active because the sponsor is still filing with the SEC. That does not confirm that interests remain available.
Where does Top1031 get the data for Phoenix DST 3-property net lease portfolio?
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.
Is this Trust still accepting investors?
The evidence points to yes, with a caveat. ARCTRUST Private Capital's investments page, as reviewed on August 30, 2026, carried the ARCTRUST Phoenix DST card under "Open to New Investments" and dated the offering 2023–present. The most recent SEC notice is a Form D amendment filed March 17, 2026, and it does not describe the offering as fully subscribed. A Form D is only a notice filing and is not required to be updated the moment a raise opens or closes, so a sponsor page and a Form D can lag one another. Anyone working against a 45-day identification deadline would confirm current availability directly with the sponsor or a selling broker-dealer.
What happened to the Salad & Go building?
The Salad & Go chain filed for Chapter 11 bankruptcy in August 2026. The Arizona Republic reported on August 17, 2026 that it abruptly closed all of its Arizona and Nevada locations; the Portland Business Journal reported on August 24, 2026 that all stores closed on August 5 after the filing; and Restaurant Business reported on August 14, 2026 that roughly 70 remaining restaurants were shuttered. The Phoenix Business Journal reported on August 19, 2026 that Dutch Bros had paid a $10 million deposit toward a $105 million deal covering 65 leases while 7 Brew pursued the same Arizona locations, and Law360 reported on August 18, 2026 that a Texas bankruptcy judge agreed to approve bidding procedures for early-October lease auctions. Whether this Trust's specific Peoria lease is assumed, assigned or rejected is not settled in the sources reviewed.
What are the three properties?
Per the Trust's records and the sponsor's November 1, 2023 launch release: 21244 East Ocotillo Road in Queen Creek, a 15,301-square-foot building leased to Harbor Freight; 8268 West Deer Valley Road in Peoria, an 815-square-foot building leased to Salad & Go; and 7473 West Thunderbird Road in Peoria, a 7,127-square-foot building leased to Advance Auto Parts. All three were described as single-story, freestanding, single-tenant buildings in the Phoenix metropolitan area, totaling 23,243 square feet.
What is the minimum investment, and who can invest?
The Form D filings report a $50,000 minimum investment accepted from an outside investor, most recently in the amendment filed March 17, 2026. The offering is made under Rule 506(c), the Regulation D exemption that permits general advertising only if the issuer takes reasonable steps to verify that each purchaser is an accredited investor — meaning the buyer meets SEC income or net-worth tests rather than merely self-certifying.
Is the Trust leveraged?
The sources reviewed do not say. The March 17, 2026 Form D amendment reports the equity offering and states no loan amount or lender, and no sponsor material reviewed discloses a mortgage balance. Silence in a Form D is not evidence that the properties are debt-free. Any mortgage and its terms would be described in the private placement memorandum. Debt level matters in a 1031 exchange because an exchanger generally must replace debt as well as equity.
Could this Trust roll into a REIT at exit?
Nothing in the filings or sponsor materials reviewed indicates a 721/UPREIT exit, in which a DST's property is contributed to a REIT's operating partnership in exchange for units rather than cash. Top1031 records this Trust as having no stated REIT conversion path. The exit path described in the private placement memorandum governs.
Chapter 9ARCTRUST Private Capital Announces Phoenix DST OfferingLaunch announcement for the ARCTRUST Phoenix DST featuring a three-property net lease portfolio in Queen Creek, AZ with Harbor Freight, Salad & Go, and Advance Auto Parts tenants.