Skip to content

ExchangeRight Fully Subscribes $35.49 Million Net-Leased Portfolio 70 DST

By Mari Nicholson

ExchangeRight Fully Subscribes $35.49 Million Net-Leased Portfolio 70 DST

ExchangeRight, a sponsor of Delaware statutory trust and non-traded real estate investment trust offerings, has fully subscribed ExchangeRight Net-Leased Portfolio 70 DST, expanding the acquisition pipeline for ExchangeRight’s Essential Income REIT.

The $35.49 million offering launched in May 2025 and provides investors with monthly distributions at a current rate of 5%, covered entirely by in-place lease revenue according to ExchangeRight.

The DST owns a portfolio of 15 long-term net-leased properties diversified across 14 markets in 11 states and 198,723 square feet. The properties are occupied by national tenants including Tractor Supply, Dollar General Market, Sherwin-Williams, Dollar Tree, and Daybreak Market & Fuel, with an initial weighted-average lease term of 15.3 years.

The Net-Leased Portfolio 70 DST exit strategy is structured to provide investors with a tax-deferred cash-out financing option, along with the potential to complete a 1031 exchange, a 721 exchange into the Essential Income REIT, cash out, or any combination of these options at exit.

“Demand for essential, recession-resilient real estate is exceptionally strong and continues to grow,” said Joshua Ungerecht, managing partner at ExchangeRight. “This full subscription highlights the market’s continued recognition of the value and stability we bring, and simultaneously fuels the growth of our Essential Income REIT pipeline, which can further benefit DST investors who elect to participate in the Essential Income REIT upon exit.”

ExchangeRight and its affiliates’ vertically integrated platform features more than $7 billion in assets under management that are diversified across more than 1,400 properties and 27 million square feet throughout 48 states, as of Nov. 30, 2025.

For more ExchangeRight news, please visit their directory page.