Full cycle

College Station Retail DST Sold Its Only Property, a Former Gander Mountain, in May 2018

Inland Private Capital launched the Delaware Statutory Trust (DST) on a 2012 Form D, its College Station, Texas, building leased to Gander Mountain through May 31, 2022.

Published Updated

College Station Retail DST owned one property. The 76,632-square-foot single-tenant building at 2301 Earl Rudder Freeway South, built as a Gander Mountain outdoor store, was sold and transferred to At Home in a transaction finalized May 29, 2018. The Trust held nothing else, so that sale was its full cycle.

Inland Private Capital opened the raise with a first Form D on April 19, 2012, a 506(b) offering.

Offering term

Amount

Equity ceiling

$11,605,425

Minimum investment

$25,000

From that first filing to the sale, the record shows a hold of 6.1 years, measured from the Form D date rather than from the date investor capital was placed. No sale price appears in the public record, and no Inland Private Capital full-cycle announcement naming this offering was located, so the record documents the exit without a disposition value or an investor return.

The sale adds one completed offering to Inland Private Capital's full-cycle record.