Tallahassee industrial / last-mile logistics facility
Files with the SEC as Secure Net Lease Industrial I, DST
Offering size$21.9M
Minimum investment$21.9M
Asset typeIndustrial
LocationTallahassee, FL
FinancingNot stated. The filings for this offering do not say whether it carries mortgage debt.
May convert to a REIT721/UPREIT exit, as reported by the sponsorNo
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.
Secure Net Lease Industrial I, DST, listed by Top1031 as the Tallahassee industrial / last-mile logistics facility, is a Delaware Statutory Trust sponsored by Secure Properties. Its sole asset is the Amazon Last Mile Distribution Center at 3799 Northwest Passage in Tallahassee, Florida — a 123,903-square-foot Class A distribution and warehouse building completed in 2023 on approximately 47.82 acres, with 12 loading docks and a trucking terminal. Offering material dated January 28, 2026 reports the property is 100% net-leased to Amazon.com Services, LLC under a long-term net lease backed by an Amazon parent guarantee, with about 13 years of term remaining. Secure Properties announced it as the first acquisition of its Secure Real Estate Exchange DST platform.
Equity $21.93M; 506(c); IG publicly traded e-commerce tenant, LT net lease; Orchard Securities mng BD; $0 sold at 1/28/26
123k SFThese are the sponsor’s own numbers. They can lag what has actually sold, and they do not confirm that interests are still available. A Form D filing does not mean the SEC approved, endorsed, or verified the offering.
None sold yetNone of the offering is reported sold in the sponsor’s latest SEC filing.
Not enough filings yet to show a trend.
Amount sold—
Amount left to sellOffering size minus amount sold$21,930,000
Investors so farNot stated
Minimum investment$21,930,000
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First filingJan 28, 2026
Latest filingJan 28, 2026
Filings on record1
How it may be offeredMay be advertised publicly. Every buyer’s accredited status must be verified.Rule 506(c)
Read the filings on SEC EDGARA 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.
Offering profile
SEC filings and cited sources
Property
The trust's sole asset is the Amazon Last Mile Distribution Center at 3799 Northwest Passage in Tallahassee, Florida. Offering material dated January 28, 2026 describes a 123,903-square-foot Class A distribution and warehouse facility completed in 2023 on approximately 47.82 acres, with 12 loading docks and a trucking terminal supporting last-mile delivery operations 1.
Tenant and lease
The same offering material reports the building is 100% net-leased to Amazon.com Services, LLC, an Amazon subsidiary whose obligations are backed by a parent guarantee. As of that January 28, 2026 material, the long-term net lease carried approximately 13 years of remaining term 1.
Trust and sponsor
Secure Properties announced on January 28, 2026 the launch of its Secure Real Estate Exchange Delaware Statutory Trust platform together with the acquisition of the Tallahassee last-mile logistics facility, structured as Secure Net Lease Industrial I, DST, as the platform's first DST acquisition 2. An issuer Form D notice filed the same day reports a total offering amount of $21,930,000 3.
Sources (3)
In the news
Frequently asked questions
Is Tallahassee industrial / last-mile logistics facility still raising money?
Top1031 lists Tallahassee industrial / last-mile logistics facility 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 Tallahassee industrial / last-mile logistics facility?
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.