# ExchangeRight Fully Subscribes $17.8M Net-Leased All-Cash 20 DST

Canonical page: https://sequoia-research.com/news/exchangeright-fully-subscribes-17-8m-net-leased-all-cash-20-dst-73ef47cc

Author: Sequoia Research
Published: 2026-10-21T22:22:59.682Z
Updated: 2026-10-24T02:41:17.067Z
Original source: [AltsWire](https://altswire.com/exchangeright-fully-subscribes-17-8m-net-leased-all-cash-20-dst/)
Source published: 2026-10-21T21:59:26.000Z
Type: News
Topics: DSTs

AltsWire reports that ExchangeRight has fully subscribed Net-Leased All-Cash 20 DST, its $17.8 million offering for cash and 1031 exchange investors. Six retail properties in three states form the debt-free portfolio. ExchangeRight reports monthly payments at an annualized distribution rate of 5.2%, supported by existing lease revenue; that rate is not a total-return measure.

The Essential Income REIT's operating partnership provides a 20-year master lease, and ExchangeRight identifies the properties as part of that REIT's potential acquisition pipeline. Future financing and a possible Section 721 exchange are contemplated alternatives, rather than completed transactions or guaranteed exits for DST investors.

[Read the original](https://altswire.com/exchangeright-fully-subscribes-17-8m-net-leased-all-cash-20-dst/)

## Research considerations

DST coverage can involve new offerings, acquisitions, financing, sponsor developments, or exits. When considering an offering, the property portfolio, sponsor experience, capital structure, fees, and exit assumptions deserve a closer review alongside the announcement.

- Does the announcement concern a specific offering, the sponsor, or the broader DST market?
- What do the current offering documents say about the properties, debt, fees, risks, and exit assumptions?

This Sequoia Research summary was prepared with AI assistance from the credited source. It is not independent verification of the source’s claims. The original publisher retains authorship of its reporting; follow the source link for the complete article.

## About Sequoia Research

Sequoia Research, LLC is an independent real estate investment research firm providing analysis of Delaware Statutory Trusts (DSTs), Tenant in Common (TIC) investments, Opportunity Zone Funds, and mineral rights and royalties.

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