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ExchangeRight Fully Subscribes Net-Leased All-Cash 10 DST Offering [Yahoo! Finance]
Last tractor supply company earnings: 4/23 07:18 am
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US:NASDAQ Investor Relations: ir.tractorsupply.com
investments, has announced that demand for the company's historically recession-resilient debt-free offerings has driven the full subscription of Net-Leased All-Cash 10 DST . The $28.49 million portfolio of net-leased real estate provides investors with monthly distributions at a current rate of 5.20% covered 100% by in-place revenues from the offering. Net-Leased All-Cash 10 DST is a closed offering and is not accepting new investors. Net-Leased All-Cash 10 DST had an initial weighted-average lease term of 14.7 years, and the offering comprises five properties leased to national, primarily investment-grade tenants operating in recession-resilient, necessity-based industries. The portfolio's tenants include Tractor Supply, Dollar Tree, Hobby Lobby, and Dollar General Market. These properties are located across Texas and Arizona, together spanning 124,641 square feet. The DST's exit strategy is aligned with ExchangeRight's aggregation strategy, designed to optimize value and liquid
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