ExchangeRight, one of the nation’s leading providers of diversified real estate REIT and DST investments, has announced the full subscription of Net-Leased Portfolio 71 DST. The successful closing reflects the increased investor demand for historically recession-resilient and diversified net-leased offerings that provide stable income and exit optionality into ExchangeRight’s Essential Income REIT. The $55.9 million portfolio, backed by primarily investment-grade companies operating in necessity-based industries, provides investors with monthly distributions at a current rate of 5.00% covered 100% by in-place revenues from the offering. Net-Leased Portfolio 71 DST is a closed offering and is not accepting new investors.
The offering consists of 12 long-term net-leased properties that have an initial weighted average lease term of 10.9 years and are tenanted by historically recession-resilient companies such as Aldi, Conviva, Natural Grocers, Dollar General Market, and O’Reilly Auto Parts. The portfolio’s properties span 12 markets across 9 states, and 148,503 square feet of retail space.
As part of ExchangeRight’s aggregation strategy, Net-Leased Portfolio 71 DST is designed with the end in mind, a future aggregation into ExchangeRight’s Essential Income REIT. Through its vertically integrated platform, ExchangeRight intends to provide investors access to long-term tax-advantaged income with enhanced diversification, liquidity, and optionality. At exit, investors may have the opportunity to participate in a tax-deferred 721 exchange into the REIT, in addition to other strategic exit options including a 1031 exchange, cash-out, or a combination of these options. There is no guarantee that the DST’s or the Sponsor’s objectives, including its exit strategies, will be achieved.
“Our Net-Leased Portfolio platform is designed to benefit investors through every stage of the offering life cycle,” said Warren Thomas, managing partner at ExchangeRight. “Net-Leased Portfolio 71 DST not only provides investors consistent monthly income covered by in-place revenues, but is also structured with the opportunity to participate in a tax-deferred 721 exchange into the Essential Income REIT in addition to other potential exit options.” The past performance of ExchangeRight does not guarantee future performance or exit optionality.
About ExchangeRight
ExchangeRight and its affiliates’ vertically integrated platform features more than $7.0 billion in assets under management that are diversified across over 1,400 properties, and 27 million square feet throughout 48 states, as of November 30, 2025. ExchangeRight pursues its passion to empower people to be secure, free, and generous through its Essential Income REIT and 1031 DST portfolios that target secure capital, stable income, and strategic exits, all of which have historically met or exceeded investor projections since ExchangeRight’s inception. On behalf of 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. Please visit www.exchangeright.com for more information.
Media Contact
Lindsey Thompson
Senior Media Relations Officer
lthompson@exchangeright.com
