ExchangeRight Essential Income 11 DST
Net lease (series pattern) property in Myrtle Beach, SC — sponsored by ExchangeRight
Sponsor-reported, from SEC filings and cited 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
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.
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 or address.1 Sponsor material distributed through Baker 1031 describes a single Class A+ industrial distribution facility of roughly 165,454 square feet on about 19.7 acres in North Myrtle Beach, South Carolina, completed in 2024.2 That same material reports a $29.25 million purchase price against an approximately $30.1 million appraised value.2 No street address or parcel appears in either the filing or the offering page.
- 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, with a guarantee from parent Amazon.com, Inc.2 It describes a double-net lease — the tenant pays taxes, insurance and most operating costs while the owner keeps roof, structure and certain capital items — with roughly 7.75 years of term remaining and four five-year renewal options.2
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. ExchangeRight 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
- Legal Trust name
- ExchangeRight Essential Income 11 DST
- 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 has not been amended since it was filed.1
- Form D filedFirst and latest filing on record.
- Filings on record
- 1
- How it may be offered
- Rule 506(b)Not advertised publicly. Offered through existing relationships.
- 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?
Top1031 lists ExchangeRight Essential Income 11 DST as active because the sponsor is still filing with the SEC. That does not confirm that interests remain available.
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, last updated July 31, 2026, shows the offering's status as closed. No later SEC amendment or ExchangeRight closing release has been located to reconcile the two, so the discrepancy is unresolved. Confirm current availability with the sponsor or your representative.
Why is there no property listed in the SEC filings?
A Form D is a short notice of an exempt securities offering. It reports the issuer, the exemption claimed, the offering amount, the minimum investment and sales to date — not the underlying real estate. For a Delaware statutory trust, the property description, lease abstract, loan terms and fee schedule live in the Private Placement Memorandum, the private offering document, which is not filed publicly.
What does the lease structure mean for an investor here?
Sponsor material distributed through Baker 1031 reports a double-net (NN) lease, meaning the tenant pays taxes, insurance and most operating costs while the landlord generally retains roof, structure and certain capital obligations — unlike a triple-net lease, where nearly all of those pass to the tenant. That same material reports roughly 7.75 years of term remaining, four five-year fair-market-value renewal options, and a guarantee from Amazon.com, Inc. It also describes a 20-year master-lease guarantee from the Essential Income REIT's operating partnership, with stepped rent running through 2046. The PPM controls all of these terms.
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. Sponsor material describes that exchange as mandatory rather than optional, with eligibility as early as the two-year anniversary and with timing and terms 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; ExchangeRight reported net asset value per share of $27.58 as of March 31, 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 and debt-free; 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.