ExchangeRight Fully Subscribes $55.9 Million Net-Leased Portfolio 71 DST
ExchangeRight, a sponsor of Delaware statutory trust and non-traded real estate investment trust offerings, has fully subscribed ExchangeRight Net-Leased Portfolio 71 DST, expanding the acquisition pipeline for ExchangeRight’s Essential Income REIT.
“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.
The $55.9 million offering launched in July 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 12 long-term net-leased properties diversified across 12 markets in nine states and 148,503 square feet. The properties are tenanted by historically recession-resilient companies such as Aldi, Conviva, Natural Grocers, Dollar General Market, and O’Reilly Auto Parts., with an initial weighted-average lease term of 10.9 years.
According to the company, the Net-Leased Portfolio 71 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.
“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,” added Thomas.
Last month, AltsWire reported that ExchangeRight had fully subscribed ExchangeRight Net-Leased Portfolio 70 DST, a $35.49 million offering launched in May 2025. Also in December, the company closed ExchangeRight Essential Income 3 DST, a private placement $22.6 million offering structured for accredited investors seeking to complete a 1031 exchange.
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.
