Top1031

Net-Leased Portfolio 58 DST

Net lease property · sponsored by ExchangeRight

HistoricalLast Form D, filed Dec 9, 2024, reports the offering fully sold (opens in a new tab)

Net-Leased Portfolio 58 DST was a DST sponsored by ExchangeRight that owned 25 net lease properties. Its last Form D, filed Dec 9, 2024, reports the offering fully sold.

How it ended

No outcome recorded · under 7 years

The last Form D, filed Dec 9, 2024, reports the offering fully sold.

ExchangeRight has 11 active offerings on record →

Key facts

Minimum investment
$100,000
From the Form D
Offering size
$40,000,000
Equity offered, per the Form D
Sold
100%
Form D, Dec 9, 2024; the % is our arithmetic
Investors reported
70
Form D, Dec 9, 2024
Selling commissions
$2,000,000 · 5.0% of offering
Form D Item 15; the % is our arithmetic
Financing
Leveraged. This offering reports mortgage debt on the property.
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 Portfolio 58 DST. Top1031 is not a broker-dealer.
Net-Leased Portfolio 58 DST image

Net-Leased Portfolio 58 DST · Photo: cdn-static.exchangeright.com

What did Net-Leased Portfolio 58 DST own?

The Trust holds a spread of single-tenant buildings in 25 separate markets across 14 states, described by ExchangeRight as grocery, necessity-based retail, banking, and pharmacy real estate. 2 The diversification is horizontal rather than vertical — many small freestanding boxes rather than one large asset. Public records reviewed through August 25, 2026 do not disclose the individual property addresses, building sizes, or acquisition dates.

Property size
25 properties; 317,101 square feet

Tenant and lease terms are not in the SEC filings or cited sources.

How was it financed, and what did it cost to sell?

The Trust is leveraged: it carries mortgage debt alongside investor equity, and ExchangeRight has described that debt as non-recourse and interest-only, meaning lenders look to the properties rather than to individual investors, and principal is not amortized during the term. 2 The lender is not identified in public filings.

Debt

Financing
Leveraged. This offering reports mortgage debt on the property.

Costs and terms from the Form D

Selling commissions
$2,000,000 · 5.0% 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
17 named in the Form D
Show the firms

Individual representatives named in Item 12 are not listed.

Date of first sale
Sep 19, 2022
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?

ExchangeRight filed the initial Form D — the brief SEC notice that an exempt private offering has begun — and then a single amendment more than two years later, reporting the offering fully sold. The first sale of interests occurred on September 19, 2022. 3 Sales were made privately to accredited investors, without general advertising.

Legal Trust name
ExchangeRight Net-Leased Portfolio 58 DST
SEC CIK
1942512
First Form D
Aug 31, 2022
Latest Form D
Dec 9, 2024
Filings on record
2
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 soldInvestors
Form D/A$40,000,000
$40,000,000+$40,000,000
70
EDGAR
Form D$40,000,000
$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 Portfolio 58 DST?
Net-Leased Portfolio 58 DST is a Historical offering. The last Form D, filed Dec 9, 2024, reports the offering fully sold.
What would an investor actually have owned here?
A beneficial interest in a Delaware statutory trust, which in turn owns 25 net-leased buildings across 14 states. In a DST the trustee holds title and the sponsor's affiliate manages the assets; investors hold a passive interest with no say in leasing, financing, or sale decisions. The IRS treats that interest as replacement property for a 1031 exchange.
Who are the tenants?
ExchangeRight named eight tenants in its January 3, 2023 announcement: Dollar General, CVS Pharmacy, Aldi, Family Dollar, Huntington Bank, Hobby Lobby, Dollar Tree, and Walgreens. The public record does not map which tenant occupies which of the 25 buildings, nor does it disclose lease expiration dates or a weighted-average lease term.

In the news

Sources

Show sources (4)Hide sources (4)

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.