5-property net-leased retail/healthcare portfolio
4 net lease retail properties in 4 states · sponsored by ExchangeRight
5-property net-leased retail/healthcare portfolio is a DST sponsored by ExchangeRight that owns 4 net lease retail properties in 4 states. Its latest Form D, filed Oct 15, 2025, lists a $42.4 million offering with a $100,000 minimum.
Key facts
- Minimum investment
- $100,000From the Form D
- Offering size
- $42,460,000Equity offered, per the Form D
- Sold so far
- Not reported after the first Form D (Oct 15, 2025)Form D, Oct 15, 2025
- Selling commissions
- Form D Item 15; the % is our arithmetic$1,698,400 · 4.0% of offering
- Financing
- Not in the Form D. The Form D for this offering does not say whether it carries mortgage debt.
- Offered under
- Rule 506(b)General advertising and solicitation are not permitted under this exemption.
Figures come from SEC Form D filings unless a source is cited. Sponsor-stated figures are as reported by the sponsor; Top1031 does not independently audit them. On a 45-day clock? Find day 45 and day 180 →
Can I still invest?
No new interests: the offering is reported fully subscribed.
Other ExchangeRight offerings on record
- ExchangeRight Essential Income 14 DST$100,000 minimum · $136,100,000 offeringActive offering · latest Form D Oct 14, 2026
- ExchangeRight Net-Leased All-Cash 22 DST$100,000 minimum · $35,700,000 offeringActive offering · latest Form D Sep 30, 2026
- ExchangeRight Essential Income 13 DSTLakeville, MN · $100,000 minimum · $107,600,000 offeringActive offering · latest Form D Aug 20, 2026
- ExchangeRight Net-Leased All-Cash 21 DST$100,000 minimum · $43,390,000 offeringActive offering · latest Form D Jul 29, 2026
Availability changes without a filing. The sponsor or a registered representative can confirm what is open.
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Ask a 1031 specialist about this recordFree. About: 5-property net-leased retail/healthcare portfolio. Top1031 is not a broker-dealer.5-property net-leased retail/healthcare portfolio · MA · Photo: bluevaultpartners.com
Multiple property locations are on record; no single map.
What does the Trust own?
The Trust holds single-tenant buildings leased to retail and healthcare operators across five markets in Massachusetts, Oklahoma, Tennessee, and Ohio. 1 ExchangeRight assembled them under its Essential Income series, which pairs everyday-need tenants such as pharmacies and discount stores with a planned contribution of the real estate into the sponsor's REIT. 1
- Reported location
- Multi-state (4)
- Property size
- 5 properties; 148,327 square feet
Tenant and lease terms are not in the SEC filings or cited sources.
How is it financed, and what did it cost to sell?
Debt
- Financing
- Not in the Form D. The Form D for this offering does not say whether it carries mortgage debt.
- May convert to a REIT (721)
- Yes
Costs and terms from the Form D
- Selling commissions
- $1,698,400 · 4.0% of offering
- Finders’ fees
- $0
- Paid to officers, directors and promoters
- $0 · 0.0% of offeringForm D Item 16
- Broker-dealers named in the Form D
- 1 named in the Form D
Show the firms
- Lighthouse Capital Group, LLC · CRD 169135
Individual representatives named in Item 12 are not listed.
- Date of first sale
- Not in the Form D
- Minimum investment
- $100,000
Form D Item 15 and Item 16 amounts may be the issuer’s estimates; each percentage is Top1031’s arithmetic on two Form D figures. Item 16 can overlap Item 15, so Top1031 does not add them together.
Who's behind the Trust?
ExchangeRight sponsors net-leased DSTs and operates the Essential Income REIT, the vehicle its trusts are designed to roll into through a Section 721 exchange, a tax-deferred contribution of property for REIT operating-partnership units. 1 Local coverage in Pasadena Now on May 21, 2026 described Essential Income 6 as the sponsor's sixth offering completed within a year.
- Sponsor
- Offerings on record
What does the SEC record show?
The offering was noticed to the SEC on a Form D, the short public notice a sponsor files around its first sale, and that notice stands as filed, without amendment. Interests were sold privately, without advertising, to accredited investors who meet SEC income or net-worth tests.
- Legal Trust name
- ExchangeRight Essential Income 6 DST
- SEC CIK
- 2091728
- First Form D
- Oct 15, 2025
- Latest Form D
- Oct 15, 2025
- Filings on record
- 1
- Offered under
- Rule 506(b)General advertising and solicitation are not permitted under this exemption.
- Source filing
SEC Form D filings, newest first
| Filed | Form | Offering amount | Amount sold | Filing on SEC EDGAR |
|---|---|---|---|---|
| Form D | $42,460,000 | $0 | EDGAR |
Amounts, investor counts and minimums are as filed with the SEC on Form D. The change lines are Top1031’s arithmetic between consecutive filings; a new Form D notice starts a new count.
A Form D is the notice a sponsor files when it starts raising money. A Form D filing does not mean the SEC approved, endorsed, or verified the offering.
Common questions
- Can I still invest in 5-property net-leased retail/healthcare portfolio?
- No new interests: 5-property net-leased retail/healthcare portfolio is reported fully subscribed. Top1031 lists it as recently fully subscribed and does not count it as an active offering.
- Does 5-property net-leased retail/healthcare portfolio have a 721 UPREIT exit?
- The record lists a possible 721 exit for 5-property net-leased retail/healthcare portfolio. It is an option, not a completed transaction; the offering documents set whether and when it can happen. In a 721 exchange, or UPREIT, the DST’s property is contributed to a REIT’s operating partnership and investors receive operating-partnership units instead of cash.
- How a DST-to-721 UPREIT exit works
- What does this Trust own?
- It owns five single-tenant, net-leased retail and healthcare buildings spread across five markets in Massachusetts, Oklahoma, Tennessee, and Ohio. ExchangeRight's May 19, 2026 announcement puts the portfolio at 148,327 square feet of retail and healthcare space.
- Who are the tenants?
- ExchangeRight names CVS Pharmacy, Dollar General, Quest Diagnostics, and Verizon Wireless as the tenants across the five buildings. Store-level addresses and lease expiration dates sit in the offering documents, rather than in the public filings.
- What does the 20-year master lease do?
- ExchangeRight's announcement says the Trust is supported by a 20-year master lease guarantee from its Essential Income REIT and that REIT's operating partnership. Under that structure the REIT is the Trust's direct payer, and the REIT in turn collects rent from the store-level tenants.
- How is the Trust expected to exit?
- ExchangeRight says the offering targets a tax-deferred Section 721 exchange into its Essential Income REIT after approximately two years, and cautions that the exit is not guaranteed. In a 721 exchange the Trust contributes its properties to the REIT's operating partnership for units; those units are not real estate, so they cannot themselves be 1031-exchanged into another property later.
- What was the minimum investment?
- The Form D filed on October 15, 2025 reported a $100,000 minimum investment per investor. The notice identifies the issuer as ExchangeRight Essential Income 6 DST, organized in Delaware.
In the news
Sources
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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 offering documents before investing.