$65.9 Million Net-Leased Portfolio 70 DST Fully Subscribed, Strengthening ExchangeRight's Essential Income REIT Pipeline

PASADENA, Calif.--(BUSINESS WIRE)--ExchangeRight has announced the full subscription of Net-Leased Portfolio 70 DST, reflecting continued demand for the company’s historically recession-resilient net-leased offerings that support the growing acquisition pipeline of ExchangeRight’s Essential Income REIT. The $65.89 million portfolio of net-leased real estate, backed by primarily investment-grade companies operating in necessity-based industries, provides investors with monthly distributions at a current rate of 5.00% covered 100% by in-place revenues from the offering. Net-Leased Portfolio 70 DST is a closed offering and is not accepting new investors.

The portfolio comprises 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.

As part of ExchangeRight’s aggregation strategy, Net-Leased Portfolio 70 DST is designed to be compatible with a potential future acquisition of its properties by the Essential Income REIT. Through ExchangeRight’s vertically integrated platform, the company aims to provide investors access to long-term tax-advantaged income with enhanced diversification, liquidity, and optionality. At exit, investors may have the opportunity to participate in a tax-deferred 721 exchange into the REIT, in addition to other strategic exit options including a 1031 exchange, cash-out, or a combination of these options. There is no guarantee that the DST’s or the Sponsor’s objectives, including its exit strategies, will be achieved.

“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.” 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 $7 billion in assets under management that are diversified across over 1,400 properties, and 27 million square feet throughout 48 states, as of November 30, 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.