Top1031

VA Oceanside Holdings DST (Oceanside VA Clinic)

Net lease, likely government property in Oceanside, CA · sponsored by Net Lease Capital Advisors

Active offeringLatest Form D filed Jul 17, 2025 (opens in a new tab)

VA Oceanside Holdings DST (Oceanside VA Clinic) is a DST sponsored by Net Lease Capital Advisors that owns a net lease, likely government property in Oceanside, CA. Its latest Form D, filed Jul 17, 2025, lists a $379.3 million offering.

Key facts

Minimum investment
Not in the Form D
From the Form D
Offering size
$379,313,267
Equity offered, per the Form D
Sold so far
9.5%
Form D, Jul 17, 2025; the % is our arithmetic
Investors reported
1
Form D, Jul 17, 2025
Selling commissions
$0 · 0.0% of offering
Form D Item 15; the % is our arithmetic
Financing
Not in the Form D. The Form D for this offering does not say whether it carries mortgage debt.
Offered under
Rule 506(b)
General advertising and solicitation are not permitted under this exemption.

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 →

Sales so far

Latest Form D
Jul 17, 2025 · 1 filing
First sale
Mar 7, 2025

These are the sponsor’s own numbers. They can lag what has actually sold, and they do not confirm that interests are still available.

How we work out how much has sold

We divide the amount the sponsor reports sold by the offering size in its latest SEC filing, filed Jul 17, 2025.

  • The sponsor reports these amounts itself, and can amend them later.
  • A filing can be behind what has actually sold. It does not confirm that interests are still available.
  • The amount left to sell is the offering size minus the amount sold.
Amount sold
$36,328,173
Not yet sold
$342,985,094
Investors
1

Calculated by Top1031 from the Form D filings, not stated by the sponsor:

9.5% of $379,313,267 sold, calculated by Top1031 from the Form D

Average since first sale
about $8.3 million a month
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Ask a 1031 specialist about this recordFree. About: VA Oceanside Holdings DST (Oceanside VA Clinic). Top1031 is not a broker-dealer.
City-level mapOceanside, CA metroMap shows the city, not the exact address.

No photo on record.

What does the Trust own?

The Oceanside VA Clinic at this address is a Department of Veterans Affairs outpatient facility serving San Diego area veterans with primary and specialty care. 2 Net Lease Capital's published property list includes a 63,536-square-foot VA Oceanside outpatient clinic in Oceanside, California among buildings it has acquired. 3 The Trust itself was organized in Delaware in 2024. 1

Property address
1300 Rancho Del Oro Drive, Oceanside, CA
Property size
Not publicly stated (single-tenant government-occupied medical clinic)

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

How have sales gone?

The Form D record has one sales figure so far, so there is no trend to chart. The figure is in Sales so far ↑.

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

Debt

Financing
Not in the Form D. The Form D for this offering does not say whether it carries mortgage debt.

Costs and terms from the Form D

Selling commissions
$0 · 0.0% 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
None named in the Form D
Date of first sale
Mar 7, 2025
Minimum investment
Not in the Form D

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?

Legal Trust name
VA Oceanside Holdings DST
SEC CIK
2058400
First Form D
Jul 17, 2025
Latest Form D
Jul 17, 2025
Filings on record
1
Offered under
Rule 506(b)
General advertising and solicitation are not permitted under this exemption.
Source filing
Read the filings on SEC EDGAR

SEC Form D filings, newest first

FiledFormOffering amountAmount soldInvestors
Form D$379,313,267
$36,328,173
1
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

Is VA Oceanside Holdings DST (Oceanside VA Clinic) an active offering?
VA Oceanside Holdings DST (Oceanside VA Clinic) is an Active offering: its latest Form D was filed Jul 17, 2025. A Form D filing does not by itself confirm that interests are still available; the sponsor or a registered representative can confirm what is open.
What is VA Oceanside Holdings DST?
It is a Delaware statutory trust organized in 2024 and sponsored by Net Lease Capital Advisors, a Nashua, New Hampshire firm. A Delaware statutory trust is the ownership vehicle that lets several 1031 exchangers hold fractional interests in the same real estate. The trust filed its Form D with the SEC on July 17, 2025, giving its principal address in care of Net Lease Capital Advisors LLC at 10 Tara Boulevard, Suite 501, Nashua.
What is at 1300 Rancho Del Oro Drive in Oceanside, California?
The Oceanside VA Clinic sits at that address. The Department of Veterans Affairs identifies it as an outpatient clinic within VA San Diego Health Care, providing primary and specialty services to veterans in northern San Diego County. The VA is the occupant of the building, not the owner of the trust interests.
How large is the Oceanside VA clinic building?
Net Lease Capital's own property page describes a 63,536-square-foot VA Oceanside outpatient clinic in Oceanside, California among the properties the firm has acquired. That figure comes from the sponsor's published list of properties. Square footage, site area and parking for a trust's asset are set out in its offering documents.
What is known about the lease on the Oceanside VA building?
A November 2020 staff report from the California Municipal Finance Authority described the federal government leasing the Oceanside VA Health Care Center from Cole of Oceanside CA, LP, under a lease then stated to expire August 10, 2030. That record describes the building's financing history. Rent, term, escalators and renewal rights at the trust level are described in the offering documents.
Who is Net Lease Capital Advisors?
Net Lease Capital Advisors is a real estate firm based at 10 Tara Boulevard, Suite 501, in Nashua, New Hampshire, and the trust's SEC filing gives its principal address in the firm's care. The firm's published property list is weighted toward net-leased, government-occupied buildings around the country, where a federal agency is the tenant and generally carries taxes, insurance and upkeep.
Can investors in this Trust roll into a REIT at the end?
The record shows no REIT conversion path for this trust. A 721 or UPREIT exit is where a DST's property is contributed to a real estate investment trust in exchange for operating partnership units, turning a direct real estate interest into REIT-level units. Exit mechanics for any DST are described in its offering documents.

In the news

Sources

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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.