ExchangeRight All-Cash 14 DST Fully Subscribed, Expanding Essential Income REIT Pipeline
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2:14 PM on Tuesday, October 7
The Associated Press
PASADENA, Calif.--(BUSINESS WIRE)--Oct 7, 2025--
ExchangeRight has announced the full subscription of Net-Leased All-Cash 14 DST, adding to the growing acquisition pipeline for ExchangeRight’s Essential Income REIT. The $23.3 million debt-free portfolio of net-leased real estate, backed by tenants operating in necessity-based industries, provides investors with monthly distributions at a current rate of 5.20% covered entirely by in-place lease revenues. Net-Leased All-Cash 14 DST is a closed offering and is not accepting new investors.
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Tenants occupying properties in ExchangeRight's closed All-Cash 14 DST Portfolio.
The offering consists of four long-term net-leased properties tenanted by Wawa, Dollar General, Tractor Supply, and Dollar Tree, with an initial weighted-average lease term of 11.3 years. The portfolio spans 74,736 square feet across Texas, Alabama, and Pennsylvania.
The Net-Leased All-Cash 14 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. Pending successful future financing, the company intends to provide investors with the option to receive a tax-deferred lump sum payment of 20%+ of their initial investment through a cash-out financing, and a tax-deferred 721 exchange of the approximately 80% non-financed equity into the Essential Income REIT. There is no guarantee that the DST’s objectives, including its exit strategies, will be achieved.
“Investor demand remains strong for debt-free offerings that provide stable income, capital preservation, and REIT exit optionality,” said Joshua Ungerecht, managing partner at ExchangeRight. “All-Cash 14 was intentionally structured to meet that demand as a tax-advantaged equity solution with the flexibility to pursue a potential 721 exchange into the Essential Income REIT.” 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 $6.7 billion in assets under management that are diversified across over 1,300 properties, and 26 million square feet throughout 47 states, as of August 31, 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.
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KEYWORD: ALABAMA CALIFORNIA PENNSYLVANIA TEXAS UNITED STATES NORTH AMERICA
INDUSTRY KEYWORD: COMMERCIAL BUILDING & REAL ESTATE CONSTRUCTION & PROPERTY DISCOUNT/VARIETY FINANCE OTHER RETAIL REIT PROFESSIONAL SERVICES RETAIL ASSET MANAGEMENT
SOURCE: ExchangeRight
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PUB: 10/07/2025 03:14 PM/DISC: 10/07/2025 03:14 PM
http://www.businesswire.com/news/home/20251007227532/en