Exchange-X, along with managing partner ExchangeRight is pleased to announce the offering of ExchangeRight Net Leased All Cash 18 DST. Net Leased All Cash 18 DST is a diversified retail portfolio consisting of 6 net-lease properties in 5 states with national corporate leases backed primarily by investment-grade and recession resilient tenants starting at a 5.15% year-1 net target cash flow from in-place lease revenue. The portfolio is focused on retail properties that are leased to national tenants operating essential businesses with a weighted-average lease term of 12.0 years.
National credit tenants include Tractor Supply Company and BioLife. The properties are located in Vermont, Minnesota, Florida, and Louisiana. The Trust acquired the following portfolio of six properties located at (i) 1301 East Osceola Parkway, Kissimmee, Florida 34744; (ii) 906 Seton Parkway, Kyle, Texas 78640; (iii) 6105 Airport Boulevard, Mobile, Alabama 36608; (iv) 10300 Cherry Valley Avenue SE, Caledonia, Michigan 49316; (v) 2850 Shorter Avenue NW, Rome, Georgia 30165; and (vi) 4569 SM 52, Stockbridge, Michigan 49285