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ExchangeRight Essential Income 12 DST

ExchangeRight · Net Lease 1031 DST

Program Overview

Net Lease 1031 DST
ExchangeRight Essential Income 12 DST
Peer Group Filters
Objectives
IncomeCapital PreservationTax AdvantagedDiversification
Asset Class
Real Estate
Vehicle
DST
Single / Multi Asset
Single-Asset
Sponsor/Manager
ExchangeRight
Asset Class
Real Estate
Investment Manager
ExchangeRight Asset Management, LLC
Issuer
ExchangeRight Essential Income 12 DST
Issuer Legal Structure
Delaware Statutory Trust
Program Life Structure
Finite
Securities Offered
Equity - Class 1 Beneficial Ownership Interests
Program Hold Period
~2 years
Target Leverage
Target 0% LTV All-cash; the Trust may not enter into financing except on master lessee bankruptcy or insolvency. The Sponsor's Ameris Bank credit line is secured by its Class 2 interests and is not a Trust obligation.
Strategy Risk/Return Profile
Core
Managing Broker-Dealer
ExchangeRight Securities, LLC
ASSET DETAILS
1,083,102 sq ft · ~114 acres · 1 properties
Tax Opinion
“Should” Level 1031 exchange eligibility · subject to stated assumptions
Target Offering
$123,530,000
Minimum Investment
$100,000
Class 1 Beneficial Ownership Interests · waivable
Strategy Overview

The Trust owns one 1,083,102 SF industrial distribution facility in Republic, Missouri, net leased to Amazon.com Services LLC and guaranteed by Amazon.com, Inc. (S&P AA). It acquired the property all-cash for $108,838,385 and leases it to a Sponsor-affiliated master lessee under a 20-year master lease guaranteed by the ExchangeRight Income Fund Operating Partnership. Rent funds targeted monthly distributions of 5.20% in year one and 5.30% in year two. The stated goals are capital preservation, monthly income and a Manager-directed tax-deferred Section 721 exchange into the ExchangeRight REIT operating partnership no earlier than the second anniversary of the offering termination date.

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