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Net Leased Portfolio 69 DST
ExchangeRight Net-Leased Portfolio 69 is a diversified portfolio of properties with net leases backed by historically recession-resilient tenants, with a 5.00% current cash flow from in-place lease revenue. The portfolio is focused on properties that are leased to national tenants successfully operating in necessity-based industries.
Key Variables:



Key Fund Data:
Distribution: 5% | Properties: 11 | Lease Terms: NN and NNN | Selling Agreements: 25 |
Minimum: $100,000 | Location: MI (3), AL (2), NM, IN, KS, OH, SC, AZ | Lease Term Remaining: 15 Years (Weighted) | Fund Report: FactRight |
Rep Commission: 5% | Building Age: 12 Years (Avg) | Rent Growth: 0.69% Average Annual | Audited Financials: Sponsor Level |
Fund Term: Up to 5 Years | Tenant Credit: BBB (S&P) | DSCR: 1.98 X | E Sub Docs: AIX, Altigo |
Exemption: 506 (b) | Syndicated Cap Rate: 5.62% | UBTI: Possible | Transfer Agent: Internal |
Fund Capital Raise:
Fund Fees:
* Disposition Fee - 2% over $62,040,300 portfolio gross sales price
** Asset Management: .4% Of Gross Rents
Key Sponsor Data:
ExchangeRight has utilized its fully scalable net lease DST and REIT platforms and deep industry relationships to aggregate a necessity-based retail and healthcare portfolio diversified by single-tenant properties; strong locations; primarily investment-grade tenants; recession-resilient industries; long-term net leases; and laddered, fixed-rate debt terms.
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ExchangeRight actively acquires properties with long-term net leases primarily to essential, recession-resilient, and investment-grade tenants across its DST and REIT platforms with the goal of growing its total assets under management to $7-10+ billion within the next three years. ExchangeRight’s aggregation strategy is intended to leverage the significant synergies between its net lease DST and REIT platforms in order to provide stable monthly income; reduce risk and enhance value through increased diversification; expand capacity to accommodate liquidity needs; provide ongoing tax deferral; unlock additional access to capital; and optimize estate planning benefits on behalf of investors across both platforms.
Track Record:
Capital Raise:
For Broker Dealer and RIA home office due diligence purposes only.
This material must be accompanied or preceded by a private placement memorandum, which is the controlling disclosure document for the Offering and is intended to more fully disclose the potential benefits and risks of the Offering. This material is not a recommendation or solicitation to buy any security, as all such offers can be made only by the private placement memorandum. All potential investors in the Offering must read the private placement memorandum, and no person may invest in the Offering without first acknowledging receipt and review of the private placement memorandum in its entirety.
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Please read the Private Placement Memorandum (“PPM”) in its entirety and consult your tax and/or legal counsel before
considering an investment in this Offering. This Offering is for accredited investors only. Past performance of the Sponsor, its
Managing Partners, or their previous offerings does not guarantee future results.
Certain information set forth in the PPM contains mathematically derived pro forma information based on contractual lease
obligations, fixed debt service obligations, and contractual operating expense and reimbursement requirements. In addition,
the PPM contains targets and goals of this offering that describe strategies, outlooks, illustrations, other non-historical matters,
and financial measures. These statements and illustrations help to explain the business plan and involve known and unknown risks,
uncertainties, and other factors that may cause the actual results to differ materially from what we are intending to accomplish.
Given these uncertainties, you should not place undue reliance on these targets. Except for statements of historical fact, information
contained herein constitutes the business strategies and intentions of the Trust. These targets reflect management’s reasonable
assumptions provided to allow potential investors the opportunity to understand management’s goals so that they may be used as one factor in evaluating the investment. These strategies and targets are not guarantees or projections of future performance; as such, undue reliance should not be placed on them.
There is no guarantee that ExchangeRight Net-Leased Portfolio 69 DST (the “DST” or “Trust” or “Investment”) will be successful
or that the Manager will be successful in executing the Trust’s objectives. In the event of a market downturn, there may be
lengthened illiquidity and/or disruption in performance.
This Investment relies upon the decisions of the Manager. Prior successes by any previous investments or their principals, officers,
or managers are not indicative of future performance, nor are they any guarantee of liquidity, of a shorter or longer-term hold period, against loss, or against an interruption or reduction in income — all of which are risks of real estate and real estate investments, including this Investment. The principals of the Manager have conflicts of interest that could impact the management of this Investment based on the needs and investment opportunities of other companies. This may lead to a conflict of interest between their various roles, including conflicts with the investors regarding decisions related to the Trust and management of the Trust.
Do not invest solely based on distributions that the Trust may be currently generating or targeting to generate. Any distributions
will depend upon the successful operation of the properties that the Trust acquired. Returns are not guaranteed. There can be no
assurance that liquidity will be obtained at any point in the future or that a future liquidity event would be profitable.
Material economic disruption globally or especially in the United States could have a material impact on the value of this Investment and could significantly delay or thwart potential liquidity events. Local development may also impact property values, as is the case with all real estate and real estate investments.
The Trust will utilize leverage, which may magnify the impact of any risks, including fluctuations in interest rates, which may significantly affect the returns of this Investment. Please note that every real estate investment, including this Investment, is speculative, illiquid, has the potential for complete loss of principal, and carries downside risks due to variables such as potentially declining market values, re-leasing risk, interest rate risk, refinancing or financing risk, acts of God, and management and/or operations failures.
The Trust’s exit strategy intends to capitalize on ExchangeRight’s REIT platform and aggregation strategy and provide investors
with the option to complete a tax-deferred exchange of their DST interests for ownership in an operating partnership of a REIT under Section 721 of the Internal Revenue Code, complete another Section 1031 Exchange, cash out (not tax-deferred), or any combination of the above exit options. If a Section 721 is effected, the capital invested as a part of the transaction would be tax-deferred while remaining invested in the operating partnership of a REIT, but will no longer be able to participate in a future 1031 exchange. There is no guarantee that the Trust will execute its exit strategy or that it will provide access to a REIT via a 721 exchange transaction.
The photos in the PPM are representative of similar corporate-backed stores and may not be the actual locations included in the portfolio.
“Investment-grade” refers to tenants whose long-term corporate debt rating is considered investment grade by Standard & Poor’s,
Moody’s, and/or Fitch. An investment grade rating is a rating that indicates that a corporate bond has a relatively lower risk of default than a corporate bond with a speculative grade.
For Broker Dealer and Investment Advisor home office Due Diligence purposes only.
All rights reserved. This material should not be redistributed or replicated in any form without the prior consent of Alts Fund LINK, LLC. Alts Fund LINK, LLC is not a broker dealer nor a Registered Investment Advisor. Information on this website does not constitute investment, tax or legal advice. Data is for informational purposes only, not to be construed as recommendation or advice.