Demand for ExchangeRight’s Debt-Free Portfolios Leads to Another Full Subscription Event

PASADENA, Calif.--(BUSINESS WIRE)--ExchangeRight, one of the nation’s leading providers of diversified real estate DST and REIT 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 9 DST. The $24.78 million portfolio of net-leased real estate, backed by primarily investment-grade companies operating in necessity retail, 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 9 DST is a closed offering and is not accepting new investors.

Net-Leased All-Cash 9 DST features five net-leased properties tenanted by Tractor Supply, Dollar Tree, and Dollar General Market. The portfolio’s properties span 75,148 square feet and are located in Texas, Iowa, and Florida.

The Net-Leased All-Cash 9 DST exit strategy aims to provide investors with a tax-deferred cash-out financing option, along with the potential to complete a 1031 or 721 exchange, cash out, or any combination of these options at exit. Pending successful future financing, ExchangeRight anticipates investors may be able to receive a lump sum payment of 20–30% of their initial investment through a tax-deferred cash-out financing, with the possibility of a later 721 exchange of the 70–80% non-financed equity. There is no guarantee that the DST’s objectives, including its exit strategies and future financing, will be achieved.

"Our commitment to capital preservation and stable income through a debt-free option for necessity-based investments continues to resonate with investors nationwide,” said Joshua Ungerecht, managing partner at ExchangeRight. "We are grateful for the continued trust and support from our investors, and we remain dedicated to serving them by designing our offerings to provide multiple strategic exit options designed to meet their potential future tax-advantaged 1031, 721 or liquidity needs.” The past performance of the REIT, its tenants, and ExchangeRight does not guarantee future performance. Exit optionality is not guaranteed.

About ExchangeRight

ExchangeRight 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 February 28, 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 9,000 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.