Top1031

Madison 7 Brew DST

Net lease property · sponsored by Madison Capital Group

HistoricalLast Form D filed Aug 5, 2024 (opens in a new tab)

Madison 7 Brew DST was a DST sponsored by Madison Capital Group that owned 6 net lease properties. Its last Form D was filed Aug 5, 2024.

How it ended

No outcome recorded · under 7 years

The record lists the offering as fully subscribed; the last Form D was filed Aug 5, 2024.

Madison Capital Group has 6 active offerings on record →

Key facts

Minimum investment
$50,000
From the Form D
Offering size
$17,212,151
Equity offered, per the Form D
Sold
Not reported after the first Form D (Aug 5, 2024)
Form D, Aug 5, 2024
Selling commissions
$1,032,729 · 5.9% of offering
Form D Item 15; the % is our arithmetic
Financing
All cash. This offering reports no mortgage debt.
How it is financed ↓
Offered under
Rule 506(c)
May be advertised publicly. Every buyer’s accredited status must be verified.

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: Madison 7 Brew DST. Top1031 is not a broker-dealer.

What did Madison 7 Brew DST own?

The portfolio consists of newly built, free-standing retail buildings occupied by 7 Brew Coffee franchisees, split evenly between Augusta, Georgia; Mobile, Alabama; and Columbia, South Carolina. 1 The Trust itself was formed in Delaware in 2024, the same year the offering was noticed to the SEC. 3 Individual street addresses, the acquisition date, and the purchase price do not appear in the sponsor's public announcements or in the SEC filing.

Property size
6 properties; 3,108 rentable sq ft portfolio

Tenant and lease terms are not in the SEC filings or cited sources.

How was it financed, and what did it cost to sell?

The Trust owns the buildings debt-free, as reported by AltsWire: no mortgage lender, no loan maturity, and no refinancing to arrange. 2 The trade-off is structural — an exchanger who needs to replace mortgage debt from a sold property gets no loan allocation from an all-cash Trust.

Debt

Financing
All cash. This offering reports no mortgage debt.

Costs and terms from the Form D

Selling commissions
$1,032,729 · 5.9% of offering
Finders’ fees
$0
Paid to officers, directors and promoters
$0 · 0.0% of offering
Form D Item 16
Broker-dealers named in the Form D
1 named in the Form D
Show the firms

Individual representatives named in Item 12 are not listed.

Date of first sale
Not in the Form D
Minimum investment
$50,000

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.

What does the SEC record show?

The Offering was noticed under Rule 506(c), the exemption that lets a sponsor advertise publicly but requires every buyer to be a verified accredited investor. 3 No amendment followed, so the SEC record stops at that first notice while the completed closing was announced through the trade press. 2

Legal Trust name
Madison 7 Brew DST
SEC CIK
2029594
First Form D
Aug 5, 2024
Latest Form D
Aug 5, 2024
Filings on record
1
Offered under
Rule 506(c)
May be advertised publicly. Every buyer’s accredited status must be verified.
Source filing
Read the filings on SEC EDGAR

SEC Form D filings, newest first

FiledFormOffering amountAmount sold
Form D$17,212,151
$0
EDGAR

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 Madison 7 Brew DST?
Madison 7 Brew DST is a Historical offering. The record lists the offering as fully subscribed; the last Form D was filed Aug 5, 2024.
Who actually pays the rent?
The six buildings are leased to franchisees of 7 Brew Coffee, not to the franchisor itself, according to AltsWire's July 28, 2025 report. That means the rent obligation sits with the local franchise operators. The reviewed public materials do not disclose lease terms, rent, or expense responsibility.
What does an all-cash DST mean in practice?
It means the Trust bought the real estate without mortgage financing — AltsWire reported debt-free ownership. There is no lender, no loan covenant, and no refinancing deadline. It also means an investor whose relinquished property carried a mortgage receives no debt allocation from this Trust to help replace that debt.
Where are the properties?
Two properties each in Augusta, Georgia; Mobile, Alabama; and Columbia, South Carolina, per AltsWire's July 28, 2025 report. Individual street addresses were not published in the sponsor's announcements or in the Form D, so exact locations within those three markets are not part of the public record.
What was the minimum investment?
The Form D reported a $50,000 minimum from an outside investor. Actual subscription minimums and any different terms for 1031 exchange versus cash investors would be set out in the offering documents.

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.