ExchangeRight Fully Subscribes $97.43 Million DST Offering Net-Leased To Essential Businesses

PASADENA, Calif.–(BUSINESS WIRE)–ExchangeRight has fully subscribed its $97.43 million Net-Leased Portfolio 39 DST offering designed to generate stable cash flows to investors, starting at 6.21% annualized. The portfolio’s assets are leased exclusively to national investment-grade tenants operating essential businesses, including Kroger, Walgreens, Dollar General, BioLife, Giant Eagle, Dollar Tree, and Tractor Supply.

Net-Leased Portfolio 39’s portfolio is diversified over 18 single-tenant net-leased properties located in 10 different states. The properties’ net leases are backed by companies providing necessity retail and healthcare services that have remained open and operating throughout the COVID-19 crisis. The…