8-property net-leased retail portfolio
Legal trust name ExchangeRight Essential Income 4 DST
Talk to a 1031 specialistData updated Jun 24, 2025
Offering size$28.9M
Asset typeNet Lease
LocationMulti-state
FinancingNot disclosed
Regulation D exemptionRule 506(b)
Sponsor-reported potential 721/UPREIT exitYes
First filedJun 24, 2025
Last filedJun 24, 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 8-property net-leased retail portfolio is ExchangeRight Essential Income 4 DST, a Delaware statutory trust sponsored by ExchangeRight. It holds eight single-tenant retail properties totaling 88,851 square feet across eight markets in four states, leased to Sprouts Farmers Market, Dollar General, CVS Pharmacy, and Advance Auto Parts. The properties are supported by a 20-year master lease guarantee from Essential Income REIT and its Operating Partnership. The issuer filed a $28,850,000 Form D offering on June 24, 2025, and the sponsor announced the offering fully subscribed and closed on October 21, 2025.
5.50% rate; 20yr REIT master lease; Sprouts, Dollar General, CVS, Advance Auto Parts; 8 markets in 4 unnamed states
88,851 SF / 8 propertiesBased on issuer-filed Form D notices through Jun 24, 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$28,850,000
Investor count reported in latest Form DNot disclosed
Stated minimum investment$100,000
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First filedJun 24, 2025
Latest filingJun 24, 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
ExchangeRight Essential Income 4 DST holds eight net-leased retail properties totaling 88,851 square feet across eight markets in four states. The properties are leased to Sprouts Farmers Market, Dollar General, CVS Pharmacy, and Advance Auto Parts, and are supported by a 20-year master lease guarantee from Essential Income REIT and its Operating Partnership.1
Offering and status
The issuer filed a Form D on June 24, 2025 reporting a total offering amount of $28,850,000, with no amount sold as of that filing date.2 On October 21, 2025 the sponsor announced that the offering was fully subscribed and closed. ExchangeRight describes the trust as structured for a Section 721 exchange into Essential Income REIT.1
Sources (2)
In the news
Frequently asked questions
Is 8-property net-leased retail portfolio currently active?
8-property net-leased retail 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 8-property net-leased retail 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.