0002126091-26-000001.txt : 20260407 0002126091-26-000001.hdr.sgml : 20260407 20260407094433 ACCESSION NUMBER: 0002126091-26-000001 CONFORMED SUBMISSION TYPE: D PUBLIC DOCUMENT COUNT: 1 ITEM INFORMATION: 06c FILED AS OF DATE: 20260407 DATE AS OF CHANGE: 20260407 EFFECTIVENESS DATE: 20260407 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PREP Essential Net Lease I DST CENTRAL INDEX KEY: 0002126091 ORGANIZATION NAME: EIN: 416933523 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: D SEC ACT: 1933 Act SEC FILE NUMBER: 021-579310 FILM NUMBER: 26843235 BUSINESS ADDRESS: STREET 1: 2750 RASMUSSEN ROAD, SUITE 202 STREET 2: 2750 RASMUSSEN ROAD, SUITE 202 CITY: PARK CITY STATE: UT ZIP: 84098 BUSINESS PHONE: 4356024722 MAIL ADDRESS: STREET 1: 2750 RASMUSSEN ROAD, SUITE 202 CITY: PARK CITY STATE: UT ZIP: 84098 D 1 primary_doc.xml X0708 D LIVE 0002126091 PREP Essential Net Lease I DST 2750 RASMUSSEN ROAD, SUITE 202 PARK CITY UT UTAH 84098 4356024722 DELAWARE None None Business Trust true 2025 Michael C Phillips 2750 Rasmussen Road, Suite 202 Park City UT UTAH 84098 Executive Officer Officer of the Signatory Trustee Sara J Brennan 2750 Rasmussen Road, Suite 202 Park City UT UTAH 84098 Executive Officer Officer of the Signatory Trustee . . PREP Exchange LLC 2750 Rasmussen Road, Suite 202 Park City UT UTAH 84098 Promoter Sponsor Commercial Decline to Disclose 06c false true false true false 50000 PREP Securities, LLC 188522 None None 2750 Rasmussen Road, Suite 202 Park City UT UTAH 84098 All States false 23985832 0 23985832 false 0 2038796 true 0 Selling commissions of $1,319,221 + Placement Agent fees of $479,717 + Marketing and Due Diligence fees of $239,858 525929 true Sponsor receives organization and offering expenses of $119,929 + Acquisition fee of $406,000 false PREP Essential Net Lease I DST Sara J. Brennan Sara J. Brennan COO of Sponsor 2026-04-07