Top1031

ExchangeRight Essential Income 10 DST

Net lease property · sponsored by ExchangeRight

Active offeringLatest Form D filed Apr 9, 2026 (opens in a new tab)

ExchangeRight Essential Income 10 DST is a DST sponsored by ExchangeRight that owns a net lease property. Its latest Form D, filed Apr 9, 2026, lists a $30.6 million offering with a $100,000 minimum.

Key facts

Minimum investment
$100,000
From the Form D
Offering size
$30,680,000
Equity offered, per the Form D
Sold so far
None reported as of Apr 9, 2026
Form D, Apr 9, 2026
Selling commissions
$1,227,200 · 4.0% of offering
Form D Item 15; the % is our arithmetic
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 →

Sales so far

Latest Form D
Apr 9, 2026 · 1 filing

No sales reported in a Form D amendment yet. Latest notice Apr 9, 2026.

Weighing this offering for your exchange? A licensed 1031 specialist from our affiliated partner can go through these filings with you.

Ask a 1031 specialist about this recordFree. About: ExchangeRight Essential Income 10 DST. Top1031 is not a broker-dealer.

No photo on record. Location not stated in the SEC filings.

What does the Trust own?

ExchangeRight Essential Income 10 DST is a net lease offering in ExchangeRight's REIT Fast-Track series, a Delaware statutory trust that lets 1031 exchange investors hold fractional interests in real estate. 1 It is built for a possible 721 exit, where the trust's real estate is contributed to ExchangeRight's Essential Income REIT in exchange for REIT units, a tax deferred swap.

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
$1,227,200 · 4.0% of offering
Finders’ fees
$0
Paid to officers, directors and promoters
$0 · 0.0% of offering
Form D Item 16
Broker-dealers named in the Form D
1 named in the Form D
Show the firms

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.

What does the SEC record show?

The Trust's opening notice to the SEC, a Form D, identified it as a Delaware business trust. 1 Under the private placement exemption claimed in that notice, interests may be offered only without general advertising, and only to accredited investors, people who meet SEC income or net worth tests.

Legal Trust name
ExchangeRight Essential Income 10 DST
SEC CIK
2128555
First Form D
Apr 9, 2026
Latest Form D
Apr 9, 2026
Filings on record
1
Offered under
Rule 506(b)
General advertising and solicitation are not permitted under this exemption.
Source filing
Read the filings on SEC EDGAR

SEC Form D filings, newest first

FiledFormOffering amountAmount sold
Form D$30,680,000
$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

Is ExchangeRight Essential Income 10 DST an active offering?
ExchangeRight Essential Income 10 DST is an Active offering: its latest Form D was filed Apr 9, 2026. A Form D filing does not by itself confirm that interests are still available; the sponsor or a registered representative can confirm what is open.
Does ExchangeRight Essential Income 10 DST have a 721 UPREIT exit?
The record lists a possible 721 exit for ExchangeRight Essential Income 10 DST. 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 net lease mean for this kind of offering?
Net lease means a tenant leases a building and pays some or all of the property taxes, insurance and upkeep on top of rent, leaving the landlord with fewer operating duties. ExchangeRight's Essential Income series follows that pattern. The specific properties and lease terms for any one trust are set out in its offering documents.
What is the minimum investment?
The April 9, 2026 Form D filed with the SEC reports a $100,000 minimum investment from an outside investor. A Form D is the brief notice an issuer files when it sells securities privately rather than through a public registration.
Who sponsors the Trust and how may it be offered?
ExchangeRight is the sponsor, and it also operates the Essential Income REIT that its REIT Fast-Track trusts are designed to feed. The offering was filed under Rule 506(b), the private placement rule that bars general advertising and limits buyers to accredited investors. Investors typically reach offerings like this through a broker dealer or registered representative with a pre existing relationship.

Sources

Show sources (3)Hide sources (3)

These links support the record as a whole; individual details may come from different sources.

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.