Tesla Sales and Service Center – Golden Valley
Net lease property in Golden Valley, MN — sponsored by Kingsbarn Realty Capital
Files with the SEC as KB Golden Valley, DST
Minimum investment
$284k
Offering size
$28.4M
How much has sold
11.0%
Asset type
Net lease property
Location
Golden Valley, MN
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?
Tesla Sales and Service Center – Golden Valley 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 (6)Hide sources (6)
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?
- Reported location
- Golden Valley, MN
- Property size
- ~50,000 SF (47,995 RSF)
How did it end?
No sale or other ending on record
No disposition or full-cycle announcement found for KB Golden Valley, DST (Tesla Sales and Service Center, 700 Ottawa Ave N, Golden Valley MN); the property remains listed on the Kingsbarn portfolio page as a current Kingsbarn Property, and Tesla's site lists the Golden Valley store at the same address with current operating hours.
Newly constructed in 2024 single-tenant net-leased Tesla dealership acquired for $23.7 million by KB Golden Valley DST (an LLC sharing an address with Kingsbarn Realty Capital in Las Vegas/Denver); spans 4.6 acres. Property backs the KB Golden Valley, DST offering.
~50,000 SF (47,995 RSF)Supporting evidence
Who's behind it?
- Sponsor
- Kingsbarn Realty Capital
- Legal Trust name
- KB Golden Valley, DST
- May convert to a REIT
- No
- Offerings from this sponsor
- 10 active / 31 total offerings from Kingsbarn Realty Capital
Reported by the sponsor. Top1031 does not independently audit sponsor-reported figures.
What does the paperwork say?
- Form D filedFirst and latest filing on record.
- Filings on record
- 1
- 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
What happened to Tesla Sales and Service Center – Golden Valley?
Top1031 lists Tesla Sales and Service Center – Golden Valley as historical. It is no longer raising money.
Where does Top1031 get the data for Tesla Sales and Service Center – Golden Valley?
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.
Chapter 7Kingsbarn 2024-2025 Acquisitions Summary (Recent-Acquisitions-2024-2025.pdf)Sponsor acquisitions summary listing Tesla – Golden Valley at 50,000 SF in Golden Valley, MN, with closing date 02/14/2024, tenant Tesla, marked Closed. Kingsbarn Acquires Tesla Sales and Service Center in Affluent Suburb of Minneapolis-St. PaulKingsbarn Realty Capital announces acquisition of the newly constructed Tesla sales and service center of approximately 50,000 rentable square feet in Golden Valley, Minnesota. Tesla dealership building in Golden Valley sells for $23.7MMSPBJ reports that Kingsbarn Realty Capital-affiliated KB Golden Valley DST bought the Tesla dealership at 700 Ottawa Ave. N. in Golden Valley for $23.7 million. Just Sold: New Tesla dealership sells for $23.7MFinance & Commerce reports KB Golden Valley DST, an LLC affiliated with Kingsbarn, purchased the 50,000-square-foot new Tesla dealership at 700 Ottawa Ave. N. in Golden Valley for $23.7 million. Kingsbarn Acquires Newly Constructed Tesla Sales and Service Center in Golden Valley, MNKingsbarn's company news announcement of the acquisition of the Tesla sales and service center at 700 Ottawa Avenue North, Golden Valley, MN 55422. View Summary for Preliminary eCRV ID 1622611 (700 Ottawa Ave N, Golden Valley)Certificate of Real Estate Value showing buyer KB Golden Valley DST at 1645 Village Center Circle, Suite 200, Las Vegas, NV 89134.