4-property net-lease portfolio

Fully subscribedNet lease
Talk to a 1031 specialistData updated May 22, 2025
Offering size$38.1M
Asset typeNet Lease
LocationTX
FinancingAll cash
Regulation D exemptionRule 506(b)
Sponsor-reported potential 721/UPREIT exitNo
First filedMay 22, 2025
Last filedMay 22, 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.

The "4-property net-lease portfolio" is ExchangeRight Net-Leased All-Cash 14 DST, a Delaware statutory trust sponsored by ExchangeRight. Per the sponsor, it is an approximately $23.3 million, all-cash (debt-free) portfolio of four single-tenant net-leased properties totaling 74,736 square feet across Texas, Alabama, and Pennsylvania, tenanted by Wawa, Dollar General, Tractor Supply, and Dollar Tree, with an initial weighted-average lease term of 11.3 years. ExchangeRight announced on October 7, 2025 that the offering was fully subscribed. The issuer filed a Form D dated May 22, 2025 reporting a $38,080,000 offering amount.

4-property net-lease portfolio property

$23.3M debt-free; 5.20% dist; WALT 11.3yr; Wawa, Dollar General, Tractor Supply, Dollar Tree

4 properties / 74,736 SF
Form D raise progress

About Form D raise progress

Top1031 compares the amount reported sold with the stated offering amount in issuer-filed Form D notices through May 22, 2025.

  • Amounts are self-reported by the issuer and may be amended.
  • Filings can lag current subscriptions and do not confirm that interests remain available.
  • A Form D notice does not mean the SEC approved, endorsed, or verified the offering.
Latest Form D filed May 22, 2025

Based on issuer-filed Form D notices through May 22, 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$38,080,000
Investor count reported in latest Form DNot disclosed
Stated minimum investment$100,000
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SEC filing recordMatched to public SEC filings
First filedMay 22, 2025
Latest filingMay 22, 2025
Filings tracked1
View filing on SEC EDGAR

Form 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

Portfolio identity

The offering listed as "4-property net-lease portfolio" is the ExchangeRight Net-Leased All-Cash 14 DST, a Delaware statutory trust sponsored by ExchangeRight 4. According to the sponsor, it is an approximately $23.3 million, all-cash and debt-free portfolio of four single-tenant net-leased properties totaling 74,736 square feet across Texas, Alabama, and Pennsylvania 1.

Tenants and leases

The four properties are tenanted by Wawa, Dollar General, Tractor Supply, and Dollar Tree, with an initial weighted-average lease term of 11.3 years 1.

Offering status and filings

ExchangeRight announced on October 7, 2025 that the trust was fully subscribed and not accepting new investors; the announcement was also distributed via Business Wire that day 12. The issuer filed a Form D dated May 22, 2025 reporting a $38,080,000 offering amount 3.

Sources (4)

In the news

Frequently asked questions

Is 4-property net-lease portfolio currently active?

4-property net-lease portfolio 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 4-property net-lease portfolio?

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.