ExchangeRight have fully subscribed its ExchangeRight All-Cash 3 DST, a debt-free portfolio of net-leased real estate backed by investment-grade companies operating in necessity-based retail industries.
The $16.36 million offering has been structured to provide investors with monthly distributions starting at an annualized rate of 5.15 percent covered 100 percent by in-place revenues from the portfolio.
All-Cash 3 DST features net-leased properties tenanted by Daybreak Market, Dollar General and Dollar Tree. The portfolio’s properties together span 26,511 square feet and are located in Florida and Texas, both non–income tax states.
ExchangeRight All-Cash 3 DST’s exit strategy aims to provide investors with a tax-deferred cash-out refinance option in addition to the ability to complete a 1031 exchange, 721 exchange, cash out or a combination of these options. Predicated upon successful future financing of the properties, ExchangeRight anticipates that inves
