ExchangeRight Essential Income 11 DST
Net lease (series pattern) property in Myrtle Beach, SC — sponsored by ExchangeRight
REIT Fast-Track series: 721 exit to Essential Income REIT; 506(b), no public property data; no closure PR as of 2026-07
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These links support the public record as a whole; individual details may come from different sources.
What is this, in one paragraph?
ExchangeRight Essential Income 11 DST is a Delaware statutory trust — the passive co-ownership vehicle investors use as 1031 replacement property — sponsored by ExchangeRight.1 It belongs to the sponsor's REIT Fast-Track series, built for a 721/UPREIT exit that swaps trust interests for units in the affiliated Essential Income REIT.2 SEC filings name no property; sponsor material describes an Amazon-leased distribution building in North Myrtle Beach, South Carolina.2
Sponsor-reported, from SEC filings and cited sources.
On a 45-day clock? Find day 45 and day 180 from the sale date, then come back to this record.
What exactly is the property?
The Form D names no property.1 Sponsor material distributed through Baker 1031 describes one Class A+ industrial distribution facility of roughly 165,454 square feet in North Myrtle Beach, South Carolina, completed in 2024 and purchased for $29.25 million against an approximately $30.1 million appraisal.2 No street address appears in the filing or in that material, and no deed or acquisition record tying the building to this trust has been located.
- Reported location
- Myrtle Beach, SC
Who is the tenant, and what's the lease?
Sponsor material reports the building 100% leased to Amazon.com Services LLC and guaranteed by parent Amazon.com, Inc., on a double-net lease — tenant covers taxes and insurance while the landlord keeps roof and structure — with roughly 7.75 years remaining and four five-year renewal options.2 No SEC filing addresses lease terms; the Private Placement Memorandum, the private offering document, controls.
How are sales going?
These are the sponsor’s own numbers. They can lag what has actually sold, and they do not confirm that interests are still available.
Raise history appears here once sales are filed — free account required.
How is it financed, and what does it pay?
No SEC filing states whether this trust carries a mortgage, so leverage is recorded here as unknown. Sponsor material describes all-cash, debt-free ownership at the trust level: no lender, no debt service, and no loan maturity to clear before a sale or a Section 721 exchange.2
Who's behind it?
ExchangeRight runs a net-lease DST platform whose affiliated Essential Income REIT is the intended destination for this series. AltsWire reported the REIT's net asset value at $905.7 million as of June 30, 2026, after debt refinancing and the acquisition of 39 properties through DST merger agreements. The sponsor announced Essential Income 7 DST fully subscribed at $38.95 million on July 1, 2026, and Essential Income 8 DST fully subscribed at $15.38 million on July 27, 2026.
- Sponsor
- ExchangeRight
- May convert to a REIT
- Yes
- Offerings from this sponsor
- 23 active / 60 total offerings from ExchangeRight
Reported by the sponsor. Top1031 does not independently audit sponsor-reported figures.
What does the paperwork say?
The exemption claimed here bars general advertising, so interests reach accredited investors — those meeting SEC income or net-worth tests — through pre-existing relationships rather than public marketing. The notice on record sets a $100,000 minimum investment and has not been amended since it was filed.1
- Form D filedFirst and latest filing on record.
- Legal Trust name
- ExchangeRight Essential Income 11 DST
- Filings on record
- 1
- How it may be offered
- Rule 506(b)General advertising and solicitation are not permitted under this exemption.
- Source filing
- Read the filings on SEC EDGAR
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.
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.
Common questions
Is ExchangeRight Essential Income 11 DST still raising money?
The sponsor’s SEC filings show the offering raising money within the past 15 months. A filing does not by itself confirm you can still buy in.
Where does Top1031 get the data for ExchangeRight Essential Income 11 DST?
Top1031 builds this record from the sponsor’s own SEC filings and cited sponsor disclosures. Filings can lag what is happening now. A Form D filing does not mean the SEC approved, endorsed, or verified the offering.
Is this Trust still raising money?
Top1031 records it as open, based on the Form D filed June 3, 2026 — the only filing on this trust's EDGAR record, and one that has not been amended. A Baker 1031 marketplace listing for the same entity, last updated July 31, 2026, shows the offering's status as closed. No later SEC amendment and no ExchangeRight closing release specific to this trust has been located to reconcile the two dated statements, so the discrepancy is unresolved. Confirm current availability with the sponsor or your representative.
What is actually known about the property, and how firm is that information?
The SEC filing names no property; a Form D reports the offering, not the real estate. Sponsor material distributed through Baker 1031 describes one Class A+ industrial distribution facility of roughly 165,454 square feet in North Myrtle Beach, South Carolina, completed in 2024 and purchased for $29.25 million against an approximately $30.1 million appraisal. Local reporting covers an Amazon facility in the same area but never names this trust: WPDE reported that an approximately 165,000-square-foot Amazon same-day facility off Water Tower Road, in the Palmetto Coast Industrial Park, opened for business in November 2024; WMBF reported on June 23, 2026 that a Horry County same-day facility was processing Myrtle Beach-area packages during Prime Day, describing it as 135,000 square feet — a different figure from the sponsor material; and a Grand Strand Daily Update segment on September 3, 2026 reported a proposed Amazon drone pad tied to the Water Tower Road facility. No street address, deed or acquisition record has been located, so the property-to-trust match is not confirmed. The Private Placement Memorandum is the controlling description.
Who is the tenant, and what does the lease structure mean?
Sponsor material distributed through Baker 1031 reports the facility 100% leased to Amazon.com Services LLC with a guarantee from Amazon.com, Inc., meaning the corporate parent rather than only the leasing subsidiary is obligated on the rent. The same material describes a double-net lease — the tenant carries taxes and insurance while the landlord retains responsibility for roof and structure — with roughly 7.75 years of term remaining and four five-year renewal options at fair market value. It also reports a 20-year master-lease guarantee from the ExchangeRight Essential Income REIT's operating partnership with stepped rent running through 2046, which places an affiliate of the sponsor behind the lease obligation. No SEC filing addresses any of this; the PPM governs every lease term, including any tenant termination or contraction rights.
What does the 721/UPREIT exit mean for this Trust?
ExchangeRight's REIT Fast-Track series is built so the trust's real estate can be contributed to the ExchangeRight Essential Income REIT's operating partnership under Section 721, with investors receiving partnership units instead of continuing to hold a fractional property interest. Timing and terms are sponsor-controlled and not guaranteed. Those units are generally not eligible for a future 1031 exchange, so the exit trades property-level exchange flexibility for REIT diversification and the REIT's own redemption terms. AltsWire reported the REIT's net asset value at $905.7 million as of June 30, 2026.
What does an all-cash, debt-free DST mean for an investor?
It means the trust owns its property outright, with no mortgage on the asset. There is no lender, no debt service, no loan covenants and no refinancing deadline, so a lender cannot force a sale or foreclose. The tradeoff is that an exchanger who must replace debt from a relinquished property has to find that replacement elsewhere, since an unleveraged trust supplies none. Sponsor material describes this trust as all-cash with no in-place financing; no SEC filing confirms it, so the PPM is the place to verify.
Who is the sponsor, and how large is its platform?
ExchangeRight is a net-lease DST sponsor whose affiliated Essential Income REIT serves as the intended destination for its REIT Fast-Track series. AltsWire reported on July 8, 2026 that ExchangeRight had raised approximately $322.9 million year to date with a 7.2% share of the DST market, and the sponsor announced full subscription of its $90.67 million Net-Leased Portfolio 73 DST on July 14, 2026. Top1031 tracks its full offering history on the sponsor page.