ExchangeRight sold the property held by ExchangeRight Net Leased Portfolio 3 DST on September 29, 2020, per the sponsor's published track record.
As filed, the Trust was a 506(b) offering of net-leased commercial real estate. Its Form D, dated March 8, 2013, set a ceiling of $6.75 million and a minimum investment of $100,000.
Measured from that first filing to the sale, the hold ran 7.6 years.
The Trust produced an annualized return of 9.87%, as reported by the sponsor in its full-cycle disclosure. That disclosure does not state the period the figure covers, the sale price, the total return, or an equity multiple, and no original return figure from the offering documents appears in the public record.