5-property net-lease portfolio
Legal trust name ExchangeRight Net-Leased All-Cash 15 DST
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.

$25M debt-free; 5.20% dist; WALT 13.4yr; $100k min; Hobby Lobby, Dollar Tree, NAPA, Dollar General/DG Market
5 properties / 103,367 SFBased 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.
Form D is an issuer notice filing. A filing does not mean the SEC approved, endorsed, or verified the offering.
Offering profile
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.