Offering size$8.6M
Asset typeNet Lease
LocationPensacola, FL
FinancingLeveraged
Regulation D exemptionRule 506(c)
Sponsor-reported potential 721/UPREIT exitNo
First filedDec 30, 2025
Last filedDec 30, 2025
Minimum$100k
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.
Tesla Service Center DST (MDRR XXV DST 1) is a Delaware statutory trust formed November 7, 2025 that holds a 45,461-square-foot Tesla sales, service and delivery facility on 3.498 acres at 312 E. 9 Mile Road, Pensacola, Florida. The building is leased to Tesla, Inc. under a single-tenant triple-net structure with a 12-year initial term and 3.0% fixed annual rent escalations. It is the inaugural offering of Medalist Diversified's DST platform, operated through MDRR Sponsor TRS, LLC, with Medalist Diversified REIT, Inc. as Trust Manager. An affiliate acquired the property in July 2025 for $14,554,504, and the offering was structured at roughly 47% loan-to-value.
Tesla Inc NNN 12yr, 3%/yr esc; 47% LTV ($7.71M Pinnacle Bank); min $100K; 6.0% yr1 CoC; acquired $14.5M 7/2025
45,461 SF on 3.498 acresBased on issuer-filed Form D notices through Dec 30, 2025. Amounts are self-reported, may lag current subscriptions, and do not confirm availability. A Form D filing does not mean the SEC approved, endorsed, or verified the offering.
Reported sold as a percentage of stated offering amount0.0%Current Form D data does not support a reliable raise-progress estimate.
Not enough filing history for a trend line.
Capital sold, per latest Form D—
Remaining amount reported in latest Form D$8,586,240
Investor count reported in latest Form DNot disclosed
Stated minimum investment$100,000
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First filedDec 30, 2025
Latest filingDec 30, 2025
Filings tracked1
View filing on SEC EDGARForm D is an issuer notice filing. A filing does not mean the SEC approved, endorsed, or verified the offering.
Offering profile
SEC filings + cited sources
Property and tenant
The trust holds a purpose-built Tesla facility that the sponsor describes as the regional sales, service and delivery hub for Northwest Florida and Southern Alabama, with more than 20 service bays, eight Supercharger stations, and over 150 parking spaces 3. The 45,461-square-foot building on 3.498 acres at 312 E. 9 Mile Road, Pensacola, Florida 1, is leased to Tesla, Inc. under a single-tenant triple-net structure with a 12-year initial term and 3.0% fixed annual rent escalations 3.
Sponsor and structure
MDRR XXV DST 1 is the inaugural offering of Medalist Diversified's DST sponsor platform, operated through wholly-owned subsidiary MDRR Sponsor TRS, LLC, with Medalist Diversified REIT, Inc. serving as Trust Manager 41. The Delaware statutory trust was formed on or about November 7, 2025 and maintains its principal place of business in Richmond, Virginia 7. MDRR XXV Depositor 1, LLC closed the acquisition of the Pensacola property on July 18, 2025 from Drake Motor Partners Pensacola LLC for $14,554,504, financed in part under a $14,700,000 line of credit with Farmers and Merchants Bank of Long Beach 2. On November 7, 2025, the depositor contributed the property to the trust for total consideration of $14,554,504, consisting of $6,932,061 in cash and approximately $7,622,443 of DST beneficial interests 1. The offering was structured with approximately 47% loan-to-value fixed-rate financing from Pinnacle Bank 4.
Offering record
Medalist announced the DST platform launch and this Tesla-leased offering on May 6, 2026 5. The issuer-filed Form D dated December 30, 2025 reported a total offering amount of $8,586,240 6. Offering material states a minimum investment of $100,000 3.
In the news
Frequently asked questions
Is Tesla Service Center DST currently active?
Tesla Service Center DST is classified by Top1031 as active. “Active” reflects the latest public record and does not confirm that interests remain available.
Where does Top1031 get the data for Tesla Service Center DST?
Top1031 tracks this offering from SEC Form D filings and cited sponsor disclosures. Filing data may lag current subscriptions and does not mean the SEC approved or verified the offering.