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LibraryNet-Leased Portfolio 76 DST
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Offering Summary

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Net-Leased Portfolio 76 DST

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ExchangeRight Net-Leased Portfolio 76 DST is a $75,480,000 syndication comprising 8 net-leased properties in 5 states. The offering seeks $42,780,000 in equity and targets an initial 5% distribution rate.

Capital structure

Offering Equity$30.36M50.6% · $121,449 / unit
Offering Debt$29.64M

Offering price

$60.0M

Price / unit

$240,000

Units

250

Property age

12 yrs

Projected distribution rate

Avg 6.75%
Yr 1Term avg.
Yr 1 5.00%Term avg. 5.14%

Year-one distribution of 6.25% stepping to 7.20% by year seven.

The property

8-Property Multi-State Net-Leased Portfolio

$75,480,000 acquisition price

Net-Leased Portfolio 76 DST

net-leased portfolio of properties leased to national tenants successfully operating in necessity-based industries

Chicago, IL

Chicago, IL

8 unitsnet-leased portfolio of properties leased to national tenants successfully operating in necessity-based industries

$75,480,000

100.0% of portfolio

Seller
—
Property manager
ExchangeRight Real Estate, LLC
Sponsor

ExchangeRight Real Estate, LLC

Asset Type

Net-leased portfolio of properties leased to national tenants successfully operating in necessity-based industries

Location

Chicago, IL

Units

8

Property Age

—

Offering Price

$75,480,000

Offering Debt

$32,700,000

Offering Equity

$42,780,000

Offering LTV

43.32%

Income % (Yr. 1)

5%

Avg. Income (Full Term)

5.14%

Minimum Cash Investment

—

Minimum 1031 Investment

—

Strengths

  • 8 properties diversified across 7 markets and 5 states
  • Targeted 5% initial Year 1 income distribution

Concerns

  • Property vintage and year built are not disclosed