6-property net-lease portfolio
Legal trust name ExchangeRight Net-Leased All-Cash 18 DST
Talk to a 1031 specialistData updated Nov 3, 2025
Offering size$52.8M
Asset typeNet Lease
LocationFL
FinancingAll cash
Regulation D exemptionRule 506(b)
Sponsor-reported potential 721/UPREIT exitNo
First filedNov 3, 2025
Last filedNov 3, 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.
The 6-property net-lease portfolio is the operating name for ExchangeRight Net-Leased All-Cash 18 DST, a Delaware statutory trust sponsored by ExchangeRight. It holds six net-leased retail properties totaling 110,430 rentable square feet across Florida, Texas, Alabama, Michigan, and Georgia, all fully leased to two tenants, BioLife Plasma Services and Tractor Supply Company. The trust is structured debt-free, carrying no mortgage on the properties, and its leases sit under a 20-year master lease guaranteed by the operating partnership of ExchangeRight's affiliated Essential Income REIT. ExchangeRight reported the offering fully subscribed at $52.78 million on June 18, 2026.
$52.78M debt-free; 5.15% dist; WALT 12.0yr; 20-yr REIT OP master lease; BioLife Plasma, Tractor Supply
6 properties / 110,430 SFBased on issuer-filed Form D notices through Nov 3, 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$52,785,000
Investor count reported in latest Form DNot disclosed
Stated minimum investment$100,000
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First filedNov 3, 2025
Latest filingNov 3, 2025
Filings tracked1
View filing on SEC EDGARForm 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
The portfolio comprises six net-leased retail properties totaling 110,430 rentable square feet across Florida, Texas, Alabama, Michigan, and Georgia, each 100% leased to BioLife Plasma Services and Tractor Supply Company 1. ExchangeRight reports an initial weighted-average lease term of 12.0 years across the portfolio's net leases 1.
Structure and guarantor
The trust is structured all-cash and unleveraged, holding the acquired properties without mortgage debt 1. Its leases are held under a 20-year master lease unconditionally guaranteed by the operating partnership of Essential Income REIT, ExchangeRight's affiliated non-traded REIT 1.
Sponsor and offering
ExchangeRight, founded in 2012, is a vertically integrated real estate firm that assembles diversified net-leased DST portfolios, and the All-Cash 18 DST is one program in its recurring All-Cash series 2. The issuer filed a Form D on November 3, 2025 noting a $52,785,000 offering 3, and ExchangeRight reported the offering fully subscribed at $52.78 million on June 18, 2026 1.
In the news
Frequently asked questions
Is 6-property net-lease portfolio currently active?
6-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 6-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.