Top1031
Grocery & Pharmacy Portfolio DST
Retail property in Twin Oaks, MO · sponsored by Inland Private Capital
Grocery & Pharmacy Portfolio DST was a DST sponsored by Inland Private Capital that owned a retail property in Twin Oaks, MO. Sold Feb 2025.
How it ended
Sold, no result reported
Sold Feb 2025.
- Date
- Feb 24, 2025
Key facts
- Minimum investment
- $25,000From the Form D
- Offering size
- $23,425,285Equity offered, per the Form D
- Sold
- 100%Form D, Feb 8, 2012; the % is our arithmetic
- Investors reported
- Form D, Feb 8, 2012111
- Selling commissions
- Form D Item 15; the % is our arithmetic$1,639,770 · 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 →
Using this record to judge the sponsor? A licensed 1031 specialist from our affiliated partner can talk it through with you.
Ask a 1031 specialist about this recordFree. About: Grocery & Pharmacy Portfolio DST. Top1031 is not a broker-dealer.What did the Trust own?
The Trust's name points to a portfolio of grocery and pharmacy buildings, but no public filing lists them. The one property tied to it by name is a former Shop 'n Save grocery box at 1144 Meramec Station Road in Twin Oaks, Missouri, which St. Louis County records showed the Trust owned as of October 2021. 2 A broker flyer for that address described a 54,636-square-foot former grocery box and disclaimed independent verification. 3
- Reported location
- Twin Oaks, MO
Tenant and lease terms are not in the SEC filings or cited sources.
How was it financed, and what did it cost to sell?
Form D filings say nothing about mortgage debt, so the public record does not settle whether this Trust was bought with leverage or all cash. The loan documents summarized in the offering documents are the only place that answers it.
Debt
- Financing
- Leveraged. This offering reports mortgage debt on the property.
Costs and terms from the Form D
- Selling commissions
- $1,639,770 · 7.0% of offering
- Finders’ fees
- $0
- Paid to officers, directors and promoters
- $2,490,443 · 10.6% of offeringForm D Item 16
- Broker-dealers named in the Form D
- 31 named in the Form D
Show the firms
- 1st Global Capital Corp. · CRD 30349
- Allied Beacon Partners, Inc. · CRD 46227
- American Investors Company · CRD 38
- Cambridge Investment Research, Inc. · CRD 39543
- Capital Investment Group, Inc. · CRD 14752
- Centaurus Financial, Inc. · CRD 30833
- Commonwealth Financial Network · CRD 8032
- Concorde Investment Services, LLC · CRD 151604
- Concourse Financial Group Securities, Inc. · CRD 15708
- Detwiler Fenton & Co. · CRD 1794
- FSC Securities Corporation · CRD 7461
- Financial Advisors of America, LLC · CRD 142170
- Geneos Wealth Management, Inc. · CRD 120894
- Hornor, Townsend & Kent, Inc. · CRD 4031
- Independent Financial Group, LLC · CRD 7717
- Inland Securities Corporation · CRD 15807
- Investacorp, Inc. · CRD 7684
- Investment Planners, Inc. · CRD 18557
- JRL Capital Corporation · CRD 10225
- NPB Financial Group, LLC · CRD 137743
- Newport Coast Securities, Inc. · CRD 16944
- Northstar Financial Partners, Inc. · CRD 107708
- Osaic FA, Inc. · CRD 3978
- Osaic FS, Inc. · CRD 3870
- Pacific West Securities, Inc. · CRD 6390
- Primex · CRD 29394
- Sagepoint Financial, Inc. · CRD 133763
- Transamerica Financial Advisors, Inc. · CRD 16164
- Triad Advisors LLC · CRD 25803
- VSR Financial Services, Inc. · CRD 14503
- Wilson-Davis & Co., Inc. · CRD 3777
Individual representatives named in Item 12 are not listed.
- Date of first sale
- Aug 22, 2011
- 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. The issuer marked these amounts as an estimate.
Who's behind the Trust?
The 2012 amendment names Inland Private Capital Corporation alongside Grocery & Pharmacy Portfolio, L.L.C. and Grocery & Pharmacy Portfolio Exchange, L.L.C. as promoters, with Patricia A. DelRosso listed as an executive officer. 1 That filing also reported an estimated $2,490,443 of gross proceeds used or proposed for payments to executive officers, directors, or promoters. 1 October 2021 reporting described the Trust as an affiliate of Oak Brook, Illinois-based Inland Real Estate Investment Corp. 2
- Sponsor
- Offerings on record
What does the SEC record show?
The record runs from an initial Form D — the notice an issuer files to claim a private-placement exemption — through a run of amendments that stepped up the reported progress of the raise. The first sale was August 22, 2011, and interests were offered under Rule 506(b), which bars public advertising. 4
- Legal Trust name
- Grocery & Pharmacy Portfolio DST
- SEC CIK
- 1528500
- First Form D
- Sep 1, 2011
- Latest Form D
- Feb 8, 2012
- Filings on record
- 9
- 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 | Filing on SEC EDGAR |
|---|---|---|---|---|---|
| Form D/A | $23,425,285 | $23,425,285+$237,923 | 111+4 | EDGAR | |
| Form D/A | $23,425,285 | $23,187,362+$7,411,755 | 107+25 | EDGAR | |
| Form D/A | $23,425,285 | $15,775,607+$6,419,491 | 82+33 | EDGAR | |
| Form D/A | $23,425,285 | $9,356,116+$2,019,831 | 49+15 | EDGAR | |
| Form D/A | $23,425,285 | $7,336,285+$1,612,996 | 34+8 | EDGAR | |
| Form D/A | $23,425,285 | $5,723,289+$1,597,394 | 26+10 | EDGAR | |
| Form D/A | $23,425,285 | $4,125,895+$238,841 | 16+2 | EDGAR | |
| Form D/A | $23,425,285 | $3,887,054+$2,164,000 | 14+9 | EDGAR | |
| Form D | $23,425,285 | $1,723,054 | 5 | EDGAR |
Show all 9 SEC Form D filings
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 Grocery & Pharmacy Portfolio DST?
- Grocery & Pharmacy Portfolio DST is a Historical offering. Sold Feb 2025.
- What property does the Trust actually own?
- The public record evidences one: a former Shop 'n Save grocery box at 1144 Meramec Station Road in Twin Oaks, Missouri, which St. Louis County records identified as owned by Grocery & Pharmacy Portfolio DST in October 2021. The Trust's name implies additional grocery and pharmacy properties, but no public filing reviewed lists them.
- Who occupies the Missouri building?
- Reporting on October 4, 2021 said Westlake Ace Hardware had agreed to open in the former Shop 'n Save space, leasing 18,000 square feet, and that documents filed with Twin Oaks showed Aldi planned to take another 22,800 square feet. Lease terms were not disclosed, and current occupancy is not established by any primary source reviewed.
- Has the Trust sold its properties or reported an outcome?
- No outcome is reported in the sources reviewed. Form D filings stop in February 2012 and cover only the securities offering, not sales or refinancings. No verified sale, distress event, or other material Trust-level event was identified in public records for the period reviewed through August 16, 2026.
- Could this Trust have converted into a REIT interest?
- The filing record shows no REIT conversion or 721/UPREIT exit — a structure where DST investors contribute property to a REIT's operating partnership in exchange for units. Confirm the exit options in the original offering documents and trust agreement, since those documents govern what the trustee may do.
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.