MCG Links Car Wash I, DST
Car wash (single-tenant express exterior conveyor, net lease) property in Burleson, TX — sponsored by Madison Capital Group
Files with the SEC as MCG Links Car Wash Portfolio I, DST
Sponsor-reported, from SEC filings and cited sources.
What is this, in one paragraph?
MCG Links Car Wash Portfolio I, DST is a Delaware business trust organized in 2025 — a DST holds title and gives investors fractional, passive ownership that can serve as 1031 replacement property.1 It owns one express exterior conveyor car wash in Burleson, Texas.2 Links Car Wash, an operator affiliated with sponsor Madison Capital Group, lists the site as an operating location.4 The Trust is raising.
Min $100k (Form D 506c); built 2021, renovated 2025; operator Links Car Wash (Madison Capital Group affiliate)
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These links support the public record as a whole; 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?
Tarrant Appraisal District records the Trust as owner under a deed dated August 22, 2025, instrument D225156412 — weeks before the Form D reached the SEC.3 Madison Capital Group's offering material describes an express exterior conveyor tunnel, where drivers stay in the vehicle as it is pulled through, built in 2021 and renovated in 2025.2 The district lists 5,164 square feet of building area, a figure no reviewed record reconciles with the sponsor's.3
- Property address
- 820 NE Alsbury Blvd, Burleson, TX
- Property size
- 4,098 SF bldg / 1.28 ac
Who is the tenant, and what's the lease?
Links Car Wash lists the site as an operating location, open daily.4 Top1031 records the asset as single-tenant net leased — a structure that generally shifts taxes, insurance and maintenance to the tenant. No reviewed public source names the legal tenant entity, the rent or the lease term; those sit in the PPM, the offering's full disclosure document.
How are sales going?
These are the sponsor’s own numbers. They can lag what has actually sold, and they do not confirm that interests are still available.
Raise history appears here once sales are filed — free account required.
How is it financed, and what does it pay?
Madison Capital Group's offering material presents the property as owned free of mortgage debt.2 In an all-cash structure no loan matures during the hold, no lender consent stands between the Trust and a sale, and an exchanger buying in replaces none of the debt carried on a relinquished property. No SEC filing settles the point.
Who's behind it?
Madison Capital Group is a Charlotte, North Carolina firm; the Trust's principal address is the sponsor's 4210 Yancey Road office.1 Its affiliate Links Car Wash operates the property, so landlord and operator trace back to one organization. On June 29, 2026 the sponsor placed its Car Wash & Convenience Opportunity Fund on the iCapital marketplace, and on July 31, 2026 Links parent Back Nine Equity agreed to acquire Woodie's Wash Shack, described in trade press as creating a 50-location express wash platform.
- Sponsor
- Madison Capital Group
- Legal Trust name
- MCG Links Car Wash Portfolio I, DST
- May convert to a REIT
- No
- Offerings from this sponsor
- 6 active / 12 total offerings from Madison Capital Group
Reported by the sponsor. Top1031 does not independently audit sponsor-reported figures.
What does the paperwork say?
Nothing has been filed to update the original new-notice Form D, so the SEC record still reads as it did at submission.1 A Form D is a notice filing, not an SEC approval. Because the Offering may be generally advertised, the sponsor must take reasonable steps to verify each buyer's accredited status rather than accept a self-certification checkbox.
- 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
Is MCG Links Car Wash I, DST still raising money?
Top1031 lists MCG Links Car Wash I, DST as active because the sponsor is still filing with the SEC. That does not confirm that interests remain available.
Where does Top1031 get the data for MCG Links Car Wash I, 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.
What kind of property does this Trust own?
A single express exterior conveyor car wash at 820 NE Alsbury Blvd in Burleson, Texas. Madison Capital Group's offering material dated October 31, 2025 describes approximately 4,098 square feet of building on approximately 1.28 acres, built in 2021 and renovated in 2025. Tarrant Appraisal District lists MCG Links Car Wash Portfolio I DST as owner of account 40163490, with a deed dated August 22, 2025 under instrument D225156412, classifies the site as a car-wash drive-through and records 1.2798 acres and 5,164 square feet of building area — a size figure that differs from the sponsor's. No reviewed public record states the seller or the acquisition price.
Who is the tenant, and what does the lease say?
Links Car Wash — an operator affiliated with sponsor Madison Capital Group — lists 820 NE Alsbury Blvd as an operating location open daily from 8 AM to 7 PM, and Top1031 records the asset as single-tenant net leased, meaning property-level costs such as taxes, insurance and maintenance generally sit with the tenant. No reviewed public source names the legal tenant entity or states rent, lease term, escalations, renewal rights, guaranties or default remedies. Because landlord and operator trace to one organization, those terms are a specific item to read in the Private Placement Memorandum, the offering's full disclosure document.
Does the Trust use mortgage debt?
Madison Capital Group's offering material dated October 31, 2025 presents the Trust as all-cash and debt-free, with no mortgage on the property. Top1031's own record lists leverage as unknown, because no SEC filing settles the question. If the all-cash structure holds, a 1031 exchanger buying in takes on no replacement-property debt, which matters when debt on a relinquished property must otherwise be replaced to complete an exchange.
Why do two different offering-size figures appear for this Trust?
The Form D filed October 3, 2025 states a total offering amount, shown in the sales panel on this page, while Madison Capital Group's offering document dated October 31, 2025 states total equity of $9,428,445. The two figures come from different documents prepared for different purposes, and no reviewed public record reconciles them. The PPM's capitalization and sources-and-uses tables are where a buyer confirms how the raise is composed.
Is the Burleson property being marketed for sale?
A LoopNet listing dated August 25, 2026 presents 820 NE Alsbury Blvd as offered for sale and names Madison Capital Group. That is a secondary commercial listing, not proof of a completed transaction or a change of ownership, and Tarrant Appraisal District still shows MCG Links Car Wash Portfolio I DST as the record owner. Separately, the sponsor's offering document states an anticipated sale of the property within ten years, which is a stated strategy rather than a commitment. Nothing in the SEC file addresses a sale.
How much do I need to invest, and who can invest?
The Form D filed October 3, 2025 reports a $100,000 minimum investment from any outside investor; the sponsor's offering document states $100,000 for 1031-exchange investors and $25,000 for cash investors. Participation is limited to accredited investors — those meeting the SEC's income or net-worth tests — and because the Offering is made under Rule 506(c), which permits public advertising, the sponsor must take reasonable steps to verify accredited status rather than accept a self-certification checkbox.
