# Net-Leased All-Cash 22 DST

> ExchangeRight Net-Leased All-Cash 22 DST is a debt-free offering of net-leased real estate backed by historically recession-resilient tenants, with a 5.05% current cash flow from in-place lease revenue.

Source: https://baker1031.com/invest/net-leased-all-cash-22-dst


## Key terms

| Term | Value |
|---|---|
| Status | Open |
| Property type | Net lease |
| Sponsor | ExchangeRight |
| Location | Florida, Kansas, Maryland, Michigan, North Carolina, Texas |
| Minimum investment | $100,000 |
| Year-1 projected distribution | 5.05% |
| Average projected distribution | 5.19% |
| Projected hold | 10 yrs |
| Offering size | $35,700,000 |
| Equity raise | $35,700,000 |
| Debt | $0 |
| Loan-to-value | All cash |
| 721 exit | Optional |

## Projected distributions by year

| Year | Projected distribution |
|---|---|
| Year 1 | 5.05% |
| Year 2 | 5.05% |
| Year 3 | 5.07% |
| Year 4 | 5.11% |
| Year 5 | 5.15% |
| Year 6 | 5.22% |
| Year 7 | 5.22% |
| Year 8 | 5.25% |
| Year 9 | 5.30% |
| Year 10 | 5.45% |

## Overview

ExchangeRight Net-Leased All-Cash 22 DST is a debt-free offering of net-leased real estate backed by historically recession-resilient tenants, with a 5.05% 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.

Net-Leased All-Cash 22’s exit strategy is intended to capitalize on ExchangeRight’s REIT platform and aggregation strategy by having the REIT platform acquire the DST interests. The strategy prioritizes capital preservation, stable monthly income, and ongoing tax deferral to investors through the Section 721 tax-deferred exchange. In addition to the primary goals noted above, the Sponsor targets to provide individual Owners with the following exit options: 1) complete another Section 1031 Exchange, 2) participate in a tax-deferred cash out financing targeting 20% of their total investment value to be distributed as financing proceeds and an exchange of the remaining equity interests under Section 721 of the Code, 3) participate in a tax-deferred exchange of their DST interests for ownership in an operating partnership of a REIT under Section 721 of the Code, 4) take all of their cash out on a non-tax-deferred basis, or 5) any combination of the above options. This strategy is intended to capitalize on ExchangeRight’s aggregated portfolio by providing additional diversification by property, location, tenant, industry, lease term, and debt term to investors. The targeted exit options of providing a future Section 1031 Exchange or cash out are also dependent on the ExchangeRight REIT’s capital availability and are not guaranteed.

## Offering documents

Available to registered investors:

- ExchangeRight - Net-Leased All-Cash 22 DST - Executive Summary (PDF)
- ExchangeRight - Net-Leased All-Cash 22 DST - PPM (PDF)
- Executive Summary (PDF)
- PPM (PDF)

Information reflects my offering records as of October 28, 2026 and may have changed. Projected distributions are the sponsor's estimates, are not guaranteed, may change or stop, and may include a return of capital. To request the offering documents, contact hello@baker1031.com or visit https://baker1031.com/invest/net-leased-all-cash-22-dst.

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Securities are offered through Aurora Securities, Inc., member FINRA/SIPC. Baker 1031 Investments, LLC is independent of Aurora Securities, Inc. and is not a registered broker-dealer or investment adviser. This content is general education, not investment, tax, or legal advice, and is not an offer to buy or sell securities. Offers are made only through the offering documents to eligible investors, generally accredited investors. DST interests are illiquid, distributions are not guaranteed, and you can lose your entire investment.

Contact: Jerry Baker, Baker 1031 Investments · hello@baker1031.com · (415) 965-0552 · https://baker1031.com/contact