5-property net-leased retail/healthcare portfolio

Fully subscribedNet lease
Talk to a 1031 specialistData updated Dec 8, 2025
Offering size$39.0M
Asset typeNet Lease
LocationMA
FinancingLeveraged
Regulation D exemptionRule 506(b)
Sponsor-reported potential 721/UPREIT exitYes
First filedDec 8, 2025
Last filedDec 8, 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 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-property net-leased retail/healthcare portfolio property

5.50% rate; unleveraged (0% LTV); 20yr REIT master lease; 721 exit ~2yr; BioLife, Hobby Lobby, Tractor Supply

147,862 SF / 5 properties
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 Dec 8, 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 Dec 8, 2025

Based 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.

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$38,950,000
Investor count reported in latest Form DNot disclosed
Stated minimum investment$100,000
See the full reported financial recordBy creating an account you agree to the Terms of Service and acknowledge the Privacy Policy. We'll email you sign-in links and service notices about your account.
SEC filing recordMatched to public SEC filings
First filedDec 8, 2025
Latest filingDec 8, 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 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.

Sources (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.