Sponsor-reported, from SEC filings and cited sources.
What is this, in one paragraph?
Discount Retail Portfolio DST is a Delaware statutory trust — a structure that lets 1031 exchangers hold fractional interests in real estate — sponsored by Inland Private Capital.1 It raised money from accredited investors during 2011 and is now Historical: closed to new investors. The filings classify it as retail and record no mortgage debt, but they never name the properties or the tenants.
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These links support the historical public record; 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?
Nothing in the public record identifies what this Trust actually bought. Its SEC filings describe a retail real estate offering but carry no property schedule, no addresses and no square footage, and no press release or filed exhibit naming the sites was located. A similarly named Inland trust, Family Discount Portfolio DST, is a separate offering, and its stores cannot be attributed to this one.
Who is the tenant, and what's the lease?
No tenant is named and no lease terms appear in the public record for this Trust. The filings classify the asset as retail; whether the leases are triple-net — the tenant paying taxes, insurance and maintenance directly — is settled only by the private placement memorandum, the offering's full disclosure document.
How did it end?
No ending on record
Discount Retail Portfolio DST (a portfolio of Family Dollar / dollar-store retail properties) was not tied to any public Inland full-cycle announcement; no outcome information was located.
Public sources for this 2011-vintage Inland Private Capital DST are extremely limited. The closely related 'Family Discount Portfolio DST' PPM (dated Oct 12, 2012) describes a three-property portfolio leased to Family Dollar — two stores in Georgia and one in Texas — under all-cash/no-debt structure. Discount Retail Portfolio DST (CIK 1515110) was a precursor offering from the same sponsor line, but no contemporaneous press release, top1031 listing, or SEC exhibit naming the specific addresses was located in available web sources.
How is it financed, and what does it pay?
Inland Private Capital structured this Trust without mortgage debt: no lender, no loan maturity, nothing to refinance — and equally no assumable loan for an exchanger who needs to replace borrowed dollars. That debt-free description comes from the offering record rather than from a filed debt schedule.
- Financing
- All cash. This offering reports no mortgage debt.
Who's behind it?
Inland Private Capital sponsored this Trust, and the issuer's own final amendment names Inland Private Capital Corporation alongside Discount Retail Portfolio, L.L.C. and Discount Retail Portfolio Exchange, L.L.C. as related persons and promoters.2 The sponsor has continued filing 1031 exchange programs in the years since, as the offering count below shows. No public development specific to this 2011 Trust — sale, refinancing or tenant event — has surfaced since its last filing.
- Sponsor
- Inland Private Capital
- Legal Trust name
- Discount Retail Portfolio DST
- May convert to a REIT
- No
- Offerings from this sponsor
- 8 active / 79 total offerings from Inland Private Capital
Reported by the sponsor. Top1031 does not independently audit sponsor-reported figures.
What does the paperwork say?
A Form D is the short notice an issuer files with the SEC for a private, exempt offering; the initial one here reported a first sale of interests on March 16, 2011.3 Amendments followed through that autumn, each restating how much had been sold. Rule 506(b) means interests were offered privately, without public advertising.
- First Form D filedThe public offering record begins.
- Offering amount recordedA Form D amendment recorded offering and sales totals.
- Filing record updatedA later amendment updated the sponsor’s filing record.
- Latest Form D filedThe most recent sponsor-filed checkpoint in this record.
- Filings on record
- 11
- 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.
Common questions
What happened to Discount Retail Portfolio DST?
Top1031 lists Discount Retail Portfolio DST as historical. It is no longer raising money.
Where does Top1031 get the data for Discount Retail Portfolio 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.
Can I still invest in Discount Retail Portfolio DST?
No. This Trust is Historical — closed to new investors. Its raise ran during 2011 and the issuer's last Form D amendment was filed on November 4, 2011. Any interest in it today would have to come from a private secondary transaction between beneficial owners, not from the sponsor's original offering.
What properties does the Trust own?
The public record does not say. The Form D filings identify the issuer and the offering but include no property schedule, addresses, or tenant list, and no offering exhibit or press release naming the sites was located. A similarly named Inland offering, Family Discount Portfolio DST, is a different trust; its properties should not be assumed to be these.
Is there a mortgage on the properties?
The offering record describes the Trust as holding real estate without mortgage debt. That is a secondary descriptor rather than a filed debt schedule — no lender, loan amount, or maturity date appears anywhere in the SEC record for this Trust, so a buyer would need the offering documents to confirm it.
What happened to the Trust after it closed?
No outcome has been reported publicly. The last SEC checkpoint for this Trust is its November 4, 2011 Form D amendment, and research through August 16, 2026 found no filing, sponsor announcement, or news item recording a sale, refinancing, or other disposition.
What does Rule 506(b) mean for how this was sold?
Rule 506(b) is the private placement exemption that allows an issuer to sell to accredited investors — those meeting SEC income or net worth tests — without registering the offering, provided it does no general advertising or public solicitation. That is why so little marketing material for a 2011-vintage offering like this survives online.