Top1031

Net-Leased Portfolio 60

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 60 was a DST sponsored by ExchangeRight that owned a net lease property (397,201 square feet). 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
$51,250,000
Equity offered, per the Form D
Sold
100%
Form D, Dec 9, 2024; the % is our arithmetic
Investors reported
80
Form D, Dec 9, 2024
Selling commissions
$2,562,500 · 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 60. Top1031 is not a broker-dealer.
Net-Leased Portfolio 60 image

Net-Leased Portfolio 60 · Photo: cdn-static.exchangeright.com

What did Net-Leased Portfolio 60 own?

ExchangeRight assembled Portfolio 60 as a diversified basket rather than a single building, spreading it across 14 separate markets in 10 states. 1 The sponsor grouped the holdings as grocery, healthcare, pharmacy, and other necessity-based retail — the categories it says are built to hold up through a recession. 1 Street addresses, individual acquisition dates, and a tenant-to-property map do not appear in the public record.

Property size
397,201 square feet; 14 properties

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

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

This Trust carries mortgage debt alongside investor equity. ExchangeRight described the loan as non-recourse and interest-only at a fixed rate over a set term — non-recourse meaning the lender looks to the properties rather than to investors personally, and interest-only meaning no principal is paid down during the term. 1 The lender is not named publicly.

Debt

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

Costs and terms from the Form D

Selling commissions
$2,562,500 · 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
22 named in the Form D
Show the firms

Individual representatives named in Item 12 are not listed.

Date of first sale
Dec 12, 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?

The first sale occurred on December 12, 2022, four days after the initial notice reached the SEC. 2 A single amendment followed two years later, reporting the raise complete and no securities remaining. 2 The offering was placed privately — no public advertising — with interests sold to accredited investors, meaning those meeting the SEC's income or net-worth thresholds.

Legal Trust name
ExchangeRight Net-Leased Portfolio 60 DST
SEC CIK
1953494
First Form D
Dec 8, 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$51,250,000
$51,250,000+$51,250,000
80
EDGAR
Form D$51,250,000
$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 60?
Net-Leased Portfolio 60 is a Historical offering. The last Form D, filed Dec 9, 2024, reports the offering fully sold.
What exactly does an investor own here?
A beneficial interest in a Delaware statutory trust that holds 14 net-leased retail and healthcare-service properties in 14 markets across 10 states. The trustee holds title; investors hold passive fractional interests that can qualify as replacement property in a 1031 exchange. Investors do not manage the buildings or the leases.
Is there a 721/UPREIT exit?
The Trust's record does not flag a 721 exchange or UPREIT feature — that is, a planned contribution of the properties to a REIT's operating partnership in exchange for units. Any exit mechanics an investor is relying on should be read directly in the offering documents.
What was the minimum investment?
Both the December 8, 2022 Form D and the December 9, 2024 amendment report a $100,000 minimum accepted from any outside investor. That figure is historical — the offering is closed.

In the news

Sources

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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.