PNS Grocery (Pick 'n Save - Sheboygan 25th St)

Freestanding grocery retail — location not stated — sponsored by Inland Private Capital

Minimum investment
$25k
Offering size
$7.5M
How much has sold
100.0%
Asset type
Freestanding grocery retail
Location
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?

PNS Grocery (Pick 'n Save - Sheboygan 25th St) 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.

Show sources (2)Hide sources (2)

These links support the historical public record; individual details may come from different sources.

Chapter 2

What exactly is the property?

Property size
62,138 square feet of gross rentable area; 6.10 acres
Chapter 3

How did it end?

What happened

Sold after 4.3 years; sponsor reported 1.24x

Listed as a completed/full-cycle program on Inland Private Capital's published track record.

The offering memorandum identifies Roundy's Supermarkets, Inc., operating as Pick 'n Save, as tenant and states a lease term from January 1, 2010 through December 31, 2030.

62,138 square feet of gross rentable area; 6.10 acres
1.24×Equity multiple · as reported by the sponsor
6.1%Annualized return · as reported by the sponsor
$13,000,000Sale price · as reported by the sponsor
Supporting evidence
Chapter 5

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.

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 6

Common questions

What happened to PNS Grocery (Pick 'n Save - Sheboygan 25th St)?

Top1031 lists PNS Grocery (Pick 'n Save - Sheboygan 25th St) as historical. It is no longer raising money.

Where does Top1031 get the data for PNS Grocery (Pick 'n Save - Sheboygan 25th St)?

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.