5-property net-lease portfolio

Fully subscribedNet lease
Talk to a 1031 specialistData updated Jun 25, 2025
Offering size$25.0M
Asset typeNet Lease
LocationTX
FinancingAll cash
Regulation D exemptionRule 506(b)
Sponsor-reported potential 721/UPREIT exitYes
First filedJun 25, 2025
Last filedJun 25, 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.

ExchangeRight Net-Leased All-Cash 15 DST, listed as a five-property net-lease portfolio, is a Delaware statutory trust sponsored by ExchangeRight. It holds five long-term net-leased properties totaling 103,367 square feet across Texas, Iowa, North Carolina, and Louisiana, tenanted by Hobby Lobby, Dollar Tree, NAPA Auto Parts, Dollar General, and Dollar General Market, with an initial weighted-average lease term of 13.4 years. ExchangeRight reports the offering is structured all-cash with no debt. It launched in June 2025 and, per the sponsor, reached full subscription on November 18, 2025, at a $25,015,000 offering amount.

5-property net-lease portfolio property

$25M debt-free; 5.20% dist; WALT 13.4yr; $100k min; Hobby Lobby, Dollar Tree, NAPA, Dollar General/DG Market

5 properties / 103,367 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 Jun 25, 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 Jun 25, 2025

Based on issuer-filed Form D notices through Jun 25, 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$25,015,000
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 filedJun 25, 2025
Latest filingJun 25, 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 and tenants

ExchangeRight reports that the Net-Leased All-Cash 15 DST holds five long-term net-leased properties totaling 103,367 square feet across Texas, Iowa, North Carolina, and Louisiana. Its tenants are Hobby Lobby, Dollar Tree, NAPA Auto Parts, Dollar General, and Dollar General Market, with an initial weighted-average lease term of 13.4 years.1

Structure and capitalization

ExchangeRight structured the offering as all-cash with no debt, making the roughly $25 million raise unlevered.1 The issuer-filed notice dated June 25, 2025 reported a total offering amount of $25,015,000.2

Offering timeline

ExchangeRight states the offering launched in June 2025 and reached full subscription on November 18, 2025, closing to new investors and adding to the sponsor's Essential Income REIT acquisition pipeline.1

Sources (2)

In the news

Frequently asked questions

Is 5-property net-lease portfolio currently active?

5-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 5-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.