Executive Summary

The equity syndication targets $6,657,515 in total investor capital. The raise fully funds the acquisition cost of $6,058,339, total offering fees and expenses of $599,176, and initial master tenant reserve funding of $25,000.

The offering seeks to raise $6,657,515 in total equity to acquire a single-tenant Caliber Collision facility built in 2022 in Overland Park, Kansas. The property was acquired for $5,800,000 against an all-cash capital structure with $0 in loan proceeds. Initial distributions are projected at 5.08% in Year 1, averaging 5.32% across the full term.

The asset benefits from recent 2022 build-to-suit construction and a single-tenant lease to Caliber Collision, which operates over 1,800 locations nationwide with 31,000 employees. Furthermore, the offering carries an all-cash, debt-free capital structure ($0 debt), eliminating interest rate and refinancing risks. Projected returns offer predictable baseline cash flow with a Year 1 rate of 5.08% and a full-term average of 5.32%.

Sources comprise $6,657,515 in offering equity with $0 debt. Uses include the $5,800,000 property acquisition, $92,800 acquisition fee, $133,150 dealer fee, $95,000 in O&O expenses, $66,575 BD due diligence allowance, $45,539 in title and recording costs, $1,031 in finance expenses, and $25,000 in reserves.

The investment is concentrated in a single-tenant automotive service property, creating 100% reliance on Caliber Collision's operational performance and lease adherence. Additionally, MDI Sponsor, LLC has limited operational history specifically managing DST programs, having shifted into DST sponsorship in late 2025.

Total acquisition cost including closing items is $6,058,339 against an acquisition price of $5,800,000. Total upfront fees and reserves equal $857,314, with total offering expenses quantified at $599,176 and cash reserves at $25,000. Front-end load represents the difference between the $6,657,515 equity raise and the direct property acquisition baseline.