Net-Leased Portfolio 67 DST
Net lease retail property · sponsored by ExchangeRight
Net-Leased Portfolio 67 DST was a DST sponsored by ExchangeRight that owned 8 net lease retail properties. Its last Form D, filed Aug 6, 2025, reports the offering fully sold.
How it ended
No outcome recorded · under 7 years
The last Form D, filed Aug 6, 2025, reports the offering fully sold.
Key facts
- Minimum investment
- $100,000From the Form D
- Offering size
- $48,050,000Equity offered, per the Form D
- Sold
- 100%Form D, Aug 6, 2025; the % is our arithmetic
- Investors reported
- Form D, Aug 6, 202586
- Selling commissions
- Form D Item 15; the % is our arithmetic$2,402,500 · 5.0% of offering
- 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 67 DST. Top1031 is not a broker-dealer.Net-Leased Portfolio 67 DST · Photo: cdn-static.exchangeright.com
What did Net-Leased Portfolio 67 DST own?
The Trust holds single-tenant retail and service buildings that ExchangeRight assembled into one portfolio spread across five states, rather than a single development. An independent marketplace listing described the properties as fully leased to seven tenants at the time of the Offering. 2 Neither the public filings nor sponsor material identifies the individual street addresses and cities, or the dates and prices at which each building was bought.
- Property size
- 8 properties / 371,430 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?
This is a leveraged Trust: mortgage debt sits alongside investor equity. ExchangeRight described the loan as non-recourse and interest-only at a fixed rate — the lender's remedy runs to the real estate rather than to investors personally, and no principal is paid down during the loan term. 1 The lender is not named in the public filings.
Debt
- Financing
- Leveraged. This offering reports mortgage debt on the property.
Costs and terms from the Form D
- Selling commissions
- $2,402,500 · 5.0% of offering
- Finders’ fees
- Not in the Form D
- Paid to officers, directors and promoters
- $0 · 0.0% of offeringForm D Item 16
- Broker-dealers named in the Form D
- 15 named in the Form D
Show the firms
- Arkadios Capital · CRD 282710
- Aurora Securities · CRD 46147
- Cabin Securities, Inc. · CRD 137608
- Client One Securities LLC · CRD 152974
- Concorde Investment Services, LLC · CRD 151604
- Emerson Equity LLC · CRD 130032
- FNEX Capital, LLC · CRD 166316
- Great Point Capital LLC · CRD 114203
- IBN Financial Services, Inc. · CRD 42360
- Kingswood Capital Partners, LLC · CRD 288898
- Lighthouse Capital Group, LLC · CRD 169135
- McDermott Investment Services, LLC · CRD 154926
- Purshe Kaplan Sterling Investments · CRD 35747
- Realized Financial, Inc. · CRD 22333
- Western International Securities, Inc. · CRD 39262
Individual representatives named in Item 12 are not listed.
- Date of first sale
- Jun 24, 2024
- 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 Portfolio 67 DST?
ExchangeRight is a long-running sponsor of net-leased DST offerings, and this Trust carries the number 67 in that sequentially numbered portfolio series. On March 5, 2025 the sponsor announced the Offering had been fully subscribed and closed, and trade outlets including Connect Money and REBusiness Online carried the news the same day. 3 The sponsor continues to bring new 1031 offerings to market.
- Sponsor
- Offerings on record
What does the SEC record show?
The Trust filed an initial Form D — the short notice an issuer sends the SEC when it sells securities privately — and later a single amendment reporting the raise complete. It was offered under Rule 506(b), which permits sales to accredited investors through existing relationships without general advertising or public solicitation.
- Legal Trust name
- ExchangeRight Net-Leased Portfolio 67 DST
- SEC CIK
- 2013804
- First Form D
- Jun 12, 2024
- Latest Form D
- Aug 6, 2025
- Filings on record
- 2
- 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 | Investors | Filing on SEC EDGAR |
|---|---|---|---|---|---|
| Form D/A | $48,050,000 | $48,050,000+$48,050,000 | 86 | EDGAR | |
| Form D | $48,050,000 | $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 67 DST?
- Net-Leased Portfolio 67 DST is a Historical offering. The last Form D, filed Aug 6, 2025, reports the offering fully sold.
- What would an investor actually own?
- A beneficial interest in a Delaware statutory trust organized in Delaware, per the Form D. The trust holds title to the eight net-leased properties and an investor's interest is entirely passive — no management role, no leasing decisions. This is the structure 1031 exchangers commonly use to acquire like-kind replacement property without operating real estate directly.
- Where are the eight properties located?
- Across five states, in net-lease retail and service formats. Public filings and sponsor releases do not list the individual street addresses, cities, or which tenant occupies which building; an independent marketplace listing described only multiple states and regions. The offering documents would identify each property.
- What kind of leases are in place?
- Net leases with seven tenants across the eight buildings, including FedEx, Tractor Supply, BJC HealthCare, Metro Market, Bank of America and Family Dollar/Dollar Tree, according to an independent marketplace listing. That listing reported the portfolio fully leased with a weighted-average remaining lease term of 9.85 years. Under a net lease the tenant, not the landlord, covers property taxes, insurance and maintenance.
- Is there a 721/UPREIT exit planned?
- The Top1031 record shows no REIT conversion feature for this Trust. A 721 or UPREIT exit is one where DST investors contribute the property into a REIT's operating partnership in exchange for OP units; nothing in the public filings or sponsor material reviewed describes such a path here.
- Has the Trust sold the properties or reported a result?
- No sale, refinancing, exit, or full-cycle outcome has been reported in public filings, sponsor releases, or trade press reviewed through September 7, 2026. The Trust is closed to new investors but no completed outcome is on the record yet.
In the news
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.