5-property net-leased retail/healthcare portfolio
Legal trust name ExchangeRight Essential Income 7 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 Essential Income 7 DST is a $38.95 million Delaware statutory trust holding five net-leased properties totaling 147,862 square feet across Massachusetts, Michigan, Missouri, Georgia, and Texas. The properties are leased to BioLife Plasma Services, Hobby Lobby, and Tractor Supply Company, and the trust is capitalized without debt. The offering is structured to give investors a tax-deferred exit through a Section 721 exchange into ExchangeRight's Essential Income REIT after approximately two years. ExchangeRight reported the offering fully subscribed and closed to new investors on July 1, 2026.

5.50% rate; unleveraged (0% LTV); 20yr REIT master lease; 721 exit ~2yr; BioLife, Hobby Lobby, Tractor Supply
147,862 SF / 5 propertiesBased on issuer-filed Form D notices through Dec 8, 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 Essential Income 7 DST holds five net-leased properties aggregating 147,862 square feet across Massachusetts, Michigan, Missouri, Georgia, and Texas, leased to BioLife Plasma Services, Hobby Lobby, and Tractor Supply Company 1. The portfolio carries an aggregate value of $38.95 million and is capitalized without debt 1.
Structure and exit
The trust is structured to provide investors a tax-deferred exit through a Section 721 exchange into ExchangeRight's Essential Income REIT after approximately two years 1.
Offering record
The issuer filed a Form D dated December 8, 2025 reporting a $38.95 million total offering amount 2. ExchangeRight reported the offering fully subscribed and closed to new investors on July 1, 2026 4, a status mirrored the same day by a BusinessWire wire-service release 3. The offering is identified as ExchangeRight Essential Income 7 DST under SEC CIK 2100053 5.
In the news
Frequently asked questions
Is 5-property net-leased retail/healthcare portfolio currently active?
5-property net-leased retail/healthcare 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-leased retail/healthcare 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.