ExchangeRight, one of the nation’s leading providers of diversified real estate REIT and DST investments, has announced that demand for the company’s historically recession-resilient debt-free offerings has driven the full subscription of Net-Leased All-Cash 10 DST. The $28.49 million portfolio of net-leased real estate provides investors with monthly distributions at a current rate of 5.20% covered 100% by in-place revenues from the offering. Net-Leased All-Cash 10 DST is a closed offering and is not accepting new investors.
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PASADENA, Calif. — Tenants occupying ExchangeRight's fully subscribed $28.49 million debt-free portfolio (Tuesday, April 15, 2025).
Net-Leased All-Cash 10 DST had an initial weighted-average lease term of 14.7 years, and the offering comprises five properties leased to national, primarily investment-grade tenants operating in recession-resilient, necessity-based industries. The portfolio’s tenants include Tractor Supply, Dollar Tree, Hobby Lobby, and Dollar General Market. These properties are located across Texas and Arizona, together spanning 124,641 square feet.
The DST’s exit strategy is aligned with ExchangeRight’s aggregation strategy, designed to optimize value and liquidity options for investors while providing access to the company’s REIT platform. At exit, investors may have the opportunity to engage in a subsequent 1031 exchange, participate in a tax-deferred cash-out financing, exchange their DST interests for REIT partnership units via a 721 exchange, cash out on a non-tax-deferred basis, or a combination of these strategies. There is no guarantee that the DST’s objectives, including its exit options and future financing, will be achieved.
“The successful subscription of the Net-Leased All-Cash 10 DST highlights investor trust in ExchangeRight’s disciplined approach to asset selection, which focuses on stability, income security, and strategic exit options for our investors,” said Warren Thomas, managing partner of ExchangeRight. “We remain committed to delivering on our mission to empower investors to be secure, free, and generous.” The past performance of ExchangeRight does not guarantee future performance. The DST’s objectives and exit options are not guaranteed.
About ExchangeRight
ExchangeRight’s and its affiliates’ vertically integrated platform features more than $6.4 billion in assets under management that are diversified across over 1,300 properties, and 25 million square feet throughout 47 states, as of March 31, 2025. ExchangeRight pursues its passion to empower people to be secure, free, and generous by providing REIT, fund, and 1031 DST portfolios to accredited investors that target secure capital, stable income, and strategic exits. All of ExchangeRight’s offerings have historically met or exceeded their return objectives since ExchangeRight’s inception. On behalf of more than 9,100 investors nationwide, the company structures and manages net-leased portfolios of assets backed primarily by investment-grade corporations that have successfully operated in the necessity-based retail and healthcare industries. Past performance does not guarantee future results. “Investment-grade” applies to tenants whose long-term corporate debt rating is considered investment grade by Standard & Poor’s, Moody’s, and/or Fitch. An investment-grade rating is a rating that indicates that a corporate bond has a relatively lower risk of default than a corporate bond with a speculative grade. Please visit www.exchangeright.com for more information.
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"The successful subscription of the Net-Leased All-Cash 10 DST highlights investor trust in ExchangeRight’s disciplined approach to asset selection, which focuses on stability, income security, and strategic exit options for our investors." - ExchangeRight
Contacts
Media Contact
Lindsey Thompson
Senior Media Relations Officer
lthompson@exchangeright.com
