Net-Leased All-Cash 6 DST
Net lease retail in Florida, TX — sponsored by ExchangeRight
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These links support the historical public record; individual details may come from different sources.
What is this, in one paragraph?
Net-Leased All-Cash 6 DST is a Delaware Statutory Trust — a structure that lets 1031 exchangers hold fractional interests in real estate — owning three net-leased retail properties in Florida, Texas, and Wisconsin.1 ExchangeRight sponsored it and bought the portfolio without mortgage debt. The sponsor announced on February 11, 2025 that the offering was fully subscribed and closed to new investors.1
Minimum investment
$100k
Offering size
$23.3M
How much has sold
100.0%
Financing
All cash. This offering reports no mortgage debt.
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?
ExchangeRight assembled three net-leased retail properties totaling 39,664 square feet across Florida, Texas, and Wisconsin for this Trust.1 The sponsor has not published individual street addresses, acquisition dates, or purchase prices, and none appear in the public filings reviewed.
- Reported location
- Florida, TX
Who is the tenant, and what's the lease?
The three buildings are leased to Daybreak Market & Fuel, Tractor Supply, and Dollar General Market.1 Net leases shift property taxes, insurance, and maintenance onto the tenant, so the landlord's income depends mainly on each tenant continuing to pay rent. Lease expiration dates were not disclosed in the materials reviewed.
How did it end?
Still operating
Net-lease retail offering from sponsor ExchangeRight Real Estate, LLC. The All-Cash 6 DST is referenced on the sponsor's site as fully subscribed, but no dated news article or press release naming it was found in the sources reviewed.
Supporting evidence
Counted on ExchangeRight’s Record Card as: No outcome recorded · under 7 years Document
How is it financed, and what does it pay?
Owning all-cash means the Trust holds its properties outright — no mortgage lender, no loan maturity, no refinancing deadline. ExchangeRight described the offering as debt-free and said its exit planning contemplated tax-deferred cash-out financing at a later date.1
- Financing
- All cash. This offering reports no mortgage debt.
Who's behind it?
ExchangeRight is a net-lease DST sponsor that packages portfolios of single-tenant retail properties for 1031 exchange investors.1 Its All-Cash series holds debt-free portfolios, and the sponsor announced on February 11, 2025 that this one had reached full subscription, attributing the result to demand for its debt-free offerings.1 No later sponsor announcement naming this Trust was found in the sources reviewed.
- Sponsor
- ExchangeRight
- May convert to a REIT
- No
- 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 Trust's original notice of exempt offering reported nothing sold yet; the later amendment reported the raise finished and dated the first sale to July 15, 2024.2 Interests were sold privately to accredited investors — those meeting SEC income or net-worth tests — rather than by public advertising.
- First Form D filedThe public offering record begins.
- Latest Form D filedThe most recent sponsor-filed checkpoint in this record.
- Legal Trust name
- ExchangeRight Net-Leased All-Cash 6 DST
- Filings on record
- 2
- 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
What happened to Net-Leased All-Cash 6 DST?
Net-Leased All-Cash 6 DST is a Historical offering: its latest SEC filing is outside the Active window. The outcome and source documents are shown separately.
Where does Top1031 get the data for Net-Leased All-Cash 6 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.
Can I still invest in Net-Leased All-Cash 6 DST?
No. ExchangeRight announced on February 11, 2025 that the Trust was fully subscribed, closed, and no longer accepting new investors, and its August 5, 2025 Form D amendment reported nothing remaining to be sold. It is a Historical offering — closed to new investors. Any interest would have to come from a secondary transfer, which DST governing documents typically restrict.
What does the Trust actually own?
Three net-leased retail properties totaling 39,664 square feet, located in Florida, Texas, and Wisconsin, leased to Daybreak Market & Fuel, Tractor Supply, and Dollar General Market, according to ExchangeRight's February 11, 2025 announcement. The sponsor did not publish street addresses, purchase prices, or acquisition dates for the individual properties.
What does 'all-cash' or 'debt-free' mean here, and why does it matter?
The Trust bought its properties without a mortgage. There is no lender, no loan covenant, and no balloon maturity that could force a refinancing or sale at a bad moment. The trade-off is that no borrowed money is used, so a 1031 investor with debt to replace on their relinquished property generally cannot cover it through an unleveraged DST.
How was this offering sold, and to whom?
It was offered under Rule 506(b), a private-placement exemption that permits sales without general advertising, to accredited investors — individuals who meet SEC income or net-worth thresholds. Investors received a private placement memorandum (PPM), the sponsor's full disclosure document, which governs the terms rather than any summary like this page.
Has the Trust sold its properties or reported an outcome?
No sale, refinancing, distress event, or other material property event for this Trust was established from sources reviewed through September 8, 2026. ExchangeRight's stated exit strategy contemplated a 1031 exchange, a 721 exchange (contributing property to a REIT's operating partnership for REIT units), a cash-out, or a combination, and the sponsor said those objectives were not guaranteed.
What is not disclosed in the public record?
Individual property addresses, acquisition dates and purchase prices, lease expiration dates or weighted-average lease term, and a stated occupancy percentage do not appear in the SEC filings or the sponsor materials reviewed. Those items would be addressed in the PPM and closing documents.
Chapter 9Net-Leased All-Cash 6 DST: Fully SubscribedSponsor video announcing the full subscription of Net-Leased All-Cash 6 DST, confirming the offering is closed to new investors.