As reported by the sponsor · AltsWire ↗also: ExchangeRight Real Estate (sponsor newsroom) ↗also: Business Wire ↗
Net-Leased All-Cash 8 DST
Net lease retail property · sponsored by ExchangeRight
Net-Leased All-Cash 8 DST was a DST sponsored by ExchangeRight that owned 3 net lease retail properties. Its last Form D was filed Sep 30, 2024.
How it ended
No outcome recorded · under 7 years
The record lists the offering as fully subscribed; the last Form D was filed Sep 30, 2024.
Key facts
- Minimum investment
- $100,000From the Form D
- Offering size
- $23,375,000Equity offered, per the Form D
- Sold
- Not reported after the first Form D (Sep 30, 2024)Form D, Sep 30, 2024
- Selling commissions
- Form D Item 15; the % is our arithmetic$1,168,750 · 5.0% of offering
- Financing
- All cash. This offering reports no mortgage debt.How it is financed ↓
- 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 →
Using this record to judge the sponsor? A licensed 1031 specialist from our affiliated partner can talk it through with you.
Ask a 1031 specialist about this recordFree. About: Net-Leased All-Cash 8 DST. Top1031 is not a broker-dealer.Net-Leased All-Cash 8 DST · Photo: cdn-static.exchangeright.com
What did Net-Leased All-Cash 8 DST own?
The Trust holds a three-property necessity-retail portfolio spread across Florida, Texas and Indiana. 2 A marketplace listing for the offering described the portfolio as fully leased to three tenants while it was being marketed. 4 Public sources do not establish the street addresses, when ExchangeRight acquired the buildings, or what it paid — those details sit in the offering documents.
- Property size
- 3 properties, 34,000+ sq ft
Tenant and lease terms are not in the SEC filings or cited sources.
How was it financed, and what did it cost to sell?
There is no mortgage. ExchangeRight reports the Trust as debt-free, meaning investor equity funded the entire capitalization and no lender can foreclose or force a refinancing. 3 AltsWire reported an exit strategy contemplating tax-deferred cash-out financing later, with a possible 1031 exchange, 721 exchange, cash-out, or a combination — none guaranteed. 2
Debt
- Financing
- All cash. This offering reports no mortgage debt.
Costs and terms from the Form D
- Selling commissions
- $1,168,750 · 5.0% of offering
- Finders’ fees
- $0
- Paid to officers, directors and promoters
- $0 · 0.0% of offeringForm D Item 16
- Broker-dealers named in the Form D
- 1 named in the Form D
Show the firms
- Lighthouse Capital Group, LLC · CRD 169135
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.
Who's behind Net-Leased All-Cash 8 DST?
ExchangeRight is a Pasadena, California sponsor of net-leased necessity-retail portfolios structured for 1031 exchange investors. 1 Its all-cash series are the debt-free counterparts to its larger mortgaged portfolios, and this Trust is the eighth in that series. On April 29, 2025 the firm announced that investors had fully subscribed the offering. 3
- Sponsor
- Offerings on record
What does the SEC record show?
The SEC record here was never amended, so the public file shows the offering as first announced and nothing after it. The Trust was sold privately, without general advertising, to accredited investors — those meeting SEC income or net-worth thresholds. ExchangeRight's own April 29, 2025 announcement, not an SEC filing, marked the close.
- Legal Trust name
- ExchangeRight Net-Leased All-Cash 8 DST
- SEC CIK
- 2036832
- First Form D
- Sep 30, 2024
- Latest Form D
- Sep 30, 2024
- Filings on record
- 1
- Offered under
- Rule 506(b)General advertising and solicitation are not permitted under this exemption.
- Source filing
SEC Form D filings, newest first
| Filed | Form | Offering amount | Amount sold | Filing on SEC EDGAR |
|---|---|---|---|---|
| Form D | $23,375,000 | $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
- What happened to Net-Leased All-Cash 8 DST?
- Net-Leased All-Cash 8 DST is a Historical offering. The record lists the offering as fully subscribed; the last Form D was filed Sep 30, 2024.
- Why doesn't the SEC record show how much was raised?
- Because the only filing on record is the Form D submitted at launch, and it was never amended. The full-subscription figure comes from ExchangeRight's own announcement of April 29, 2025, not from the SEC.
- Who are the tenants and where are the properties?
- AltsWire reported that the portfolio is leased to Daybreak Market & Fuel, Tractor Supply and Dollar Tree, with the three properties located in Florida, Texas and Indiana. Exact cities and street addresses were not established in the public sources reviewed; the offering documents and closing documents would carry them.
- What does 'all-cash' mean for this Trust?
- It means the Trust holds its real estate without mortgage financing. ExchangeRight describes the offering as debt-free. With no lender, there is no loan maturity to refinance and no mortgage foreclosure risk; AltsWire reported that the sponsor's exit strategy contemplates the possibility of tax-deferred cash-out financing at a later date, which is not guaranteed.
- Could this Trust convert into a REIT through a 721 exchange?
- Our data does not identify this Trust as a 721/UPREIT vehicle — a structure where DST real estate is contributed to a REIT's operating partnership for REIT units. AltsWire reported that the contemplated exit could include a 1031 exchange, a 721 exchange, a cash-out, or a combination, and that future outcomes are not guaranteed.
- Has anything happened to the portfolio since the offering closed?
- No outcome has been reported yet. The public sources reviewed established no sale, refinancing, tenant default, or other material property event after the April 29, 2025 close. For a fully subscribed all-cash Trust, that is a normal state — the record next changes only when the sponsor reports a financing or disposition.
In the news
As reported by the sponsor · ExchangeRight Real Estate ↗
Sources
Show sources (5)Hide sources (5)
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.