ExchangeRight has fully subscribed its $54.52 million Net-Leased Portfolio 38 DST offering. The offering is designed to generate stable income and protect investor capital with its diversified portfolio of net-leased assets backed by national corporations that successfully operate essential businesses in the necessity-based retail and healthcare industries. The portfolio's tenants have leases backed by CVS, Kroger, Dollar General, Walgreens, and Tractor Supply.
Net-Leased Portfolio 38 is invested in 13 single-tenant net-leased properties strategically diversified across locations with material population centers throughout eight states, including Texas, Mississippi, New Mexico and Wisconsin.
“The demand for our DST offerings remains high given our consistency and offering stability amid the market volatility caused by the pandemic,” said Warren Thomas, a managing partner of ExchangeRight. “So far this year, we have been entrusted to steward over $264 million in D
