<?xml version="1.0"?>
<edgarSubmission>

    <schemaVersion>X0708</schemaVersion>

    <submissionType>D/A</submissionType>

    <testOrLive>LIVE</testOrLive>

    <primaryIssuer>
        <cik>0001755087</cik>
        <entityName>AEI Net Lease Portfolio XI DST</entityName>
        <issuerAddress>
            <street1>30 EAST 7TH STREET</street1>
            <street2>SUITE 1300</street2>
            <city>ST. PAUL</city>
            <stateOrCountry>MN</stateOrCountry>
            <stateOrCountryDescription>MINNESOTA</stateOrCountryDescription>
            <zipCode>55101</zipCode>
        </issuerAddress>
        <issuerPhoneNumber>6512277333</issuerPhoneNumber>
        <jurisdictionOfInc>DELAWARE</jurisdictionOfInc>
        <issuerPreviousNameList>
            <value>None</value>
        </issuerPreviousNameList>
        <edgarPreviousNameList>
            <value>None</value>
        </edgarPreviousNameList>
        <entityType>Other</entityType>
        <entityTypeOtherDesc>Statutory Trust</entityTypeOtherDesc>
        <yearOfInc>
            <withinFiveYears>true</withinFiveYears>
            <value>2018</value>
        </yearOfInc>
    </primaryIssuer>

    <relatedPersonsList>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Robert</firstName>
                <middleName>P</middleName>
                <lastName>Johnson</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>30 E 7th Street</street1>
                <street2>Suite 1300</street2>
                <city>St. Paul</city>
                <stateOrCountry>MN</stateOrCountry>
                <stateOrCountryDescription>MINNESOTA</stateOrCountryDescription>
                <zipCode>55101</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Patrick</firstName>
                <middleName>w</middleName>
                <lastName>Keene</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>30 E 7th Street</street1>
                <street2>s</street2>
                <city>St. Paul</city>
                <stateOrCountry>MN</stateOrCountry>
                <stateOrCountryDescription>MINNESOTA</stateOrCountryDescription>
                <zipCode>55101</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Manager</firstName>
                <lastName>AEI Trust</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>30 E 7th Street</street1>
                <street2>Suite 1300</street2>
                <city>St. Paul</city>
                <stateOrCountry>MN</stateOrCountry>
                <stateOrCountryDescription>MINNESOTA</stateOrCountryDescription>
                <zipCode>55101</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Promoter</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Depositor, LLC</firstName>
                <lastName>AEI Net Lease Portfolio XI</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>30 E 7th Street</street1>
                <street2>Suite 1300</street2>
                <city>St. Paul</city>
                <stateOrCountry>MN</stateOrCountry>
                <stateOrCountryDescription>MINNESOTA</stateOrCountryDescription>
                <zipCode>55101</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Promoter</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Advisors, Inc.</firstName>
                <lastName>AEI Trust</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>30 E 7th Street</street1>
                <street2>Suite 1300</street2>
                <city>St. Paul</city>
                <stateOrCountry>MN</stateOrCountry>
                <stateOrCountryDescription>MINNESOTA</stateOrCountryDescription>
                <zipCode>55101</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Promoter</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
    </relatedPersonsList>

    <offeringData>
        <industryGroup>
            <industryGroupType>Commercial</industryGroupType>
        </industryGroup>
        <issuerSize>
            <revenueRange>Decline to Disclose</revenueRange>
        </issuerSize>
        <federalExemptionsExclusions>
            <item>06b</item>
        </federalExemptionsExclusions>
        <typeOfFiling>
            <newOrAmendment>
                <isAmendment>true</isAmendment>
                <previousAccessionNumber>0001755087-19-000002</previousAccessionNumber>
            </newOrAmendment>
            <dateOfFirstSale>
                <value>2018-12-19</value>
            </dateOfFirstSale>
        </typeOfFiling>
        <durationOfOffering>
            <moreThanOneYear>false</moreThanOneYear>
        </durationOfOffering>
        <typesOfSecuritiesOffered>
            <isEquityType>true</isEquityType>
        </typesOfSecuritiesOffered>
        <businessCombinationTransaction>
            <isBusinessCombinationTransaction>false</isBusinessCombinationTransaction>
            <clarificationOfResponse></clarificationOfResponse>
        </businessCombinationTransaction>
        <minimumInvestmentAccepted>50000</minimumInvestmentAccepted>
        <salesCompensationList>
            <recipient>
                <recipientName>Capital Investment Group, Inc.</recipientName>
                <recipientCRDNumber>40657</recipientCRDNumber>
                <associatedBDName>None</associatedBDName>
                <associatedBDCRDNumber>None</associatedBDCRDNumber>
                <recipientAddress>
                    <street1>100 East Six Forks Road</street1>
                    <street2>Suite 200</street2>
                    <city>Raleigh</city>
                    <stateOrCountry>NC</stateOrCountry>
                    <stateOrCountryDescription>NORTH CAROLINA</stateOrCountryDescription>
                    <zipCode>27609</zipCode>
                </recipientAddress>
                <statesOfSolicitationList>
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                    <description>ALABAMA</description>
                    <state>AK</state>
                    <description>ALASKA</description>
                    <state>AZ</state>
                    <description>ARIZONA</description>
                    <state>AR</state>
                    <description>ARKANSAS</description>
                    <state>CA</state>
                    <description>CALIFORNIA</description>
                    <state>CO</state>
                    <description>COLORADO</description>
                    <state>CT</state>
                    <description>CONNECTICUT</description>
                    <state>DE</state>
                    <description>DELAWARE</description>
                    <state>DC</state>
                    <description>DISTRICT OF COLUMBIA</description>
                    <state>FL</state>
                    <description>FLORIDA</description>
                    <state>GA</state>
                    <description>GEORGIA</description>
                    <state>ID</state>
                    <description>IDAHO</description>
                    <state>IL</state>
                    <description>ILLINOIS</description>
                    <state>IN</state>
                    <description>INDIANA</description>
                    <state>IA</state>
                    <description>IOWA</description>
                    <state>KY</state>
                    <description>KENTUCKY</description>
                    <state>LA</state>
                    <description>LOUISIANA</description>
                    <state>ME</state>
                    <description>MAINE</description>
                    <state>MD</state>
                    <description>MARYLAND</description>
                    <state>MA</state>
                    <description>MASSACHUSETTS</description>
                    <state>MI</state>
                    <description>MICHIGAN</description>
                    <state>MN</state>
                    <description>MINNESOTA</description>
                    <state>MS</state>
                    <description>MISSISSIPPI</description>
                    <state>MO</state>
                    <description>MISSOURI</description>
                    <state>MT</state>
                    <description>MONTANA</description>
                    <state>NV</state>
                    <description>NEVADA</description>
                    <state>NJ</state>
                    <description>NEW JERSEY</description>
                    <state>NM</state>
                    <description>NEW MEXICO</description>
                    <state>NY</state>
                    <description>NEW YORK</description>
                    <state>NC</state>
                    <description>NORTH CAROLINA</description>
                    <state>OH</state>
                    <description>OHIO</description>
                    <state>OK</state>
                    <description>OKLAHOMA</description>
                    <state>OR</state>
                    <description>OREGON</description>
                    <state>PA</state>
                    <description>PENNSYLVANIA</description>
                    <state>RI</state>
                    <description>RHODE ISLAND</description>
                    <state>SC</state>
                    <description>SOUTH CAROLINA</description>
                    <state>SD</state>
                    <description>SOUTH DAKOTA</description>
                    <state>TN</state>
                    <description>TENNESSEE</description>
                    <state>TX</state>
                    <description>TEXAS</description>
                    <state>UT</state>
                    <description>UTAH</description>
                    <state>VA</state>
                    <description>VIRGINIA</description>
                    <state>WA</state>
                    <description>WASHINGTON</description>
                    <state>WV</state>
                    <description>WEST VIRGINIA</description>
                    <state>WY</state>
                    <description>WYOMING</description>
                </statesOfSolicitationList>
                <foreignSolicitation>false</foreignSolicitation>
            </recipient>
            <recipient>
                <recipientName>Concorde Investment Services, LLC</recipientName>
                <recipientCRDNumber>151604</recipientCRDNumber>
                <associatedBDName>None</associatedBDName>
                <associatedBDCRDNumber>None</associatedBDCRDNumber>
                <recipientAddress>
                    <street1>19500 Victor Parkway</street1>
                    <street2>Ste 550</street2>
                    <city>Livonia</city>
                    <stateOrCountry>MI</stateOrCountry>
                    <stateOrCountryDescription>MICHIGAN</stateOrCountryDescription>
                    <zipCode>48152</zipCode>
                </recipientAddress>
                <statesOfSolicitationList>
                    <state>AL</state>
                    <description>ALABAMA</description>
                    <state>AK</state>
                    <description>ALASKA</description>
                    <state>AZ</state>
                    <description>ARIZONA</description>
                    <state>AR</state>
                    <description>ARKANSAS</description>
                    <state>CA</state>
                    <description>CALIFORNIA</description>
                    <state>CO</state>
                    <description>COLORADO</description>
                    <state>CT</state>
                    <description>CONNECTICUT</description>
                    <state>DE</state>
                    <description>DELAWARE</description>
                    <state>DC</state>
                    <description>DISTRICT OF COLUMBIA</description>
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                    <state>GA</state>
                    <description>GEORGIA</description>
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                    <description>HAWAII</description>
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                    <description>ILLINOIS</description>
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                    <description>IOWA</description>
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                    <state>MI</state>
                    <description>MICHIGAN</description>
                    <state>MN</state>
                    <description>MINNESOTA</description>
                    <state>MS</state>
                    <description>MISSISSIPPI</description>
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                    <description>MISSOURI</description>
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                    <description>MONTANA</description>
                    <state>NE</state>
                    <description>NEBRASKA</description>
                    <state>NV</state>
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                    <state>ND</state>
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                    <description>OHIO</description>
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                    <description>OKLAHOMA</description>
                    <state>OR</state>
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                    <state>PA</state>
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                    <state>RI</state>
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                    <state>SC</state>
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                    <state>SD</state>
                    <description>SOUTH DAKOTA</description>
                    <state>TN</state>
                    <description>TENNESSEE</description>
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                    <state>VT</state>
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                    <description>VIRGINIA</description>
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                    <description>WASHINGTON</description>
                    <state>WV</state>
                    <description>WEST VIRGINIA</description>
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                    <state>WY</state>
                    <description>WYOMING</description>
                </statesOfSolicitationList>
                <foreignSolicitation>false</foreignSolicitation>
            </recipient>
            <recipient>
                <recipientName>McDermott Investment Services, LLC</recipientName>
                <recipientCRDNumber>154926</recipientCRDNumber>
                <associatedBDName>None</associatedBDName>
                <associatedBDCRDNumber>None</associatedBDCRDNumber>
                <recipientAddress>
                    <street1>44 East Broad Street</street1>
                    <street2>2nd Floor</street2>
                    <city>Bethlehem</city>
                    <stateOrCountry>PA</stateOrCountry>
                    <stateOrCountryDescription>PENNSYLVANIA</stateOrCountryDescription>
                    <zipCode>18018</zipCode>
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                    <state>AK</state>
                    <description>ALASKA</description>
                    <state>AZ</state>
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                    <state>AR</state>
                    <description>ARKANSAS</description>
                    <state>CA</state>
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                    <description>COLORADO</description>
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                    <state>DE</state>
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                    <description>DISTRICT OF COLUMBIA</description>
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                    <description>GEORGIA</description>
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                    <state>MS</state>
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            <recipient>
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                <associatedBDCRDNumber>None</associatedBDCRDNumber>
                <recipientAddress>
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                    <state>AR</state>
                    <description>ARKANSAS</description>
                    <state>CA</state>
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                    <description>COLORADO</description>
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                <recipientAddress>
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                    <description>IOWA</description>
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                    <description>KENTUCKY</description>
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                    <state>MD</state>
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                    <state>MA</state>
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                    <description>MISSOURI</description>
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                    <description>NORTH DAKOTA</description>
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                    <description>OHIO</description>
                    <state>OK</state>
                    <description>OKLAHOMA</description>
                    <state>OR</state>
                    <description>OREGON</description>
                    <state>PA</state>
                    <description>PENNSYLVANIA</description>
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                    <description>RHODE ISLAND</description>
                    <state>SC</state>
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                    <state>SD</state>
                    <description>SOUTH DAKOTA</description>
                    <state>TN</state>
                    <description>TENNESSEE</description>
                    <state>TX</state>
                    <description>TEXAS</description>
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                    <description>UTAH</description>
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                    <description>VERMONT</description>
                    <state>VA</state>
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                    <description>WASHINGTON</description>
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                    <description>WISCONSIN</description>
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                    <description>WYOMING</description>
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                <foreignSolicitation>false</foreignSolicitation>
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                <recipientName>KCD Financial, Inc</recipientName>
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                <associatedBDCRDNumber>None</associatedBDCRDNumber>
                <recipientAddress>
                    <street1>3061 Allied Street</street1>
                    <street2>Suite B</street2>
                    <city>Green Bay</city>
                    <stateOrCountry>WI</stateOrCountry>
                    <stateOrCountryDescription>WISCONSIN</stateOrCountryDescription>
                    <zipCode>54304</zipCode>
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                    <description>ALABAMA</description>
                    <state>AK</state>
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                    <description>ARIZONA</description>
                    <state>CA</state>
                    <description>CALIFORNIA</description>
                    <state>CO</state>
                    <description>COLORADO</description>
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                    <description>CONNECTICUT</description>
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                    <description>DISTRICT OF COLUMBIA</description>
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                    <description>GEORGIA</description>
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                    <description>KENTUCKY</description>
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                    <description>LOUISIANA</description>
                    <state>ME</state>
                    <description>MAINE</description>
                    <state>MD</state>
                    <description>MARYLAND</description>
                    <state>MA</state>
                    <description>MASSACHUSETTS</description>
                    <state>MI</state>
                    <description>MICHIGAN</description>
                    <state>MN</state>
                    <description>MINNESOTA</description>
                    <state>MS</state>
                    <description>MISSISSIPPI</description>
                    <state>MO</state>
                    <description>MISSOURI</description>
                    <state>MT</state>
                    <description>MONTANA</description>
                    <state>NE</state>
                    <description>NEBRASKA</description>
                    <state>NV</state>
                    <description>NEVADA</description>
                    <state>NH</state>
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                    <description>NEW JERSEY</description>
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                    <description>NEW YORK</description>
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                    <state>ND</state>
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                    <description>OHIO</description>
                    <state>OK</state>
                    <description>OKLAHOMA</description>
                    <state>OR</state>
                    <description>OREGON</description>
                    <state>PA</state>
                    <description>PENNSYLVANIA</description>
                    <state>PR</state>
                    <description>PUERTO RICO</description>
                    <state>RI</state>
                    <description>RHODE ISLAND</description>
                    <state>SC</state>
                    <description>SOUTH CAROLINA</description>
                    <state>SD</state>
                    <description>SOUTH DAKOTA</description>
                    <state>TN</state>
                    <description>TENNESSEE</description>
                    <state>TX</state>
                    <description>TEXAS</description>
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                    <state>WA</state>
                    <description>WASHINGTON</description>
                    <state>WV</state>
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                    <description>WYOMING</description>
                </statesOfSolicitationList>
                <foreignSolicitation>false</foreignSolicitation>
            </recipient>
            <recipient>
                <recipientName>Lincoln Financial Advisors Corp</recipientName>
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                <associatedBDName>None</associatedBDName>
                <associatedBDCRDNumber>None</associatedBDCRDNumber>
                <recipientAddress>
                    <street1>1300 South Clinton Street</street1>
                    <street2>Suite 150</street2>
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                    <zipCode>46802</zipCode>
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                <statesOfSolicitationList>
                    <value>All States</value>
                </statesOfSolicitationList>
                <foreignSolicitation>false</foreignSolicitation>
            </recipient>
            <recipient>
                <recipientName>Sandlapper Securities, LLC</recipientName>
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                <associatedBDName>None</associatedBDName>
                <associatedBDCRDNumber>None</associatedBDCRDNumber>
                <recipientAddress>
                    <street1>800 East North Street</street1>
                    <street2>2nd Floor</street2>
                    <city>Greenville</city>
                    <stateOrCountry>SC</stateOrCountry>
                    <stateOrCountryDescription>SOUTH CAROLINA</stateOrCountryDescription>
                    <zipCode>29601</zipCode>
                </recipientAddress>
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                    <description>ALABAMA</description>
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                    <state>AR</state>
                    <description>ARKANSAS</description>
                    <state>CA</state>
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                    <description>COLORADO</description>
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                    <state>MS</state>
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                    <description>MISSOURI</description>
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                    <description>OHIO</description>
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                    <description>OKLAHOMA</description>
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                    <state>SC</state>
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                    <state>SD</state>
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                    <state>TN</state>
                    <description>TENNESSEE</description>
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                    <state>WV</state>
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                    <description>WYOMING</description>
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                <foreignSolicitation>false</foreignSolicitation>
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            <recipient>
                <recipientName>Wealthforge Securities, LLC</recipientName>
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                <associatedBDCRDNumber>None</associatedBDCRDNumber>
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                <foreignSolicitation>false</foreignSolicitation>
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            <recipient>
                <recipientName>American Portfolios Financial Services, Inc.</recipientName>
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                <associatedBDCRDNumber>None</associatedBDCRDNumber>
                <recipientAddress>
                    <street1>4250 Veterans Memorial Highway</street1>
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                <foreignSolicitation>false</foreignSolicitation>
            </recipient>
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                <recipientName>Berthel Fisher &amp; Company</recipientName>
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                    <description>MISSOURI</description>
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                    <description>OHIO</description>
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                    <description>TENNESSEE</description>
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                <foreignSolicitation>false</foreignSolicitation>
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            <recipient>
                <recipientName>HD Vest Investment Services</recipientName>
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                <foreignSolicitation>false</foreignSolicitation>
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                <recipientName>Triad Advisors LLC</recipientName>
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                <associatedBDCRDNumber>None</associatedBDCRDNumber>
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                </statesOfSolicitationList>
                <foreignSolicitation>false</foreignSolicitation>
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            <recipient>
                <recipientName>Harbour Investments, Inc.</recipientName>
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                <associatedBDName>None</associatedBDName>
                <associatedBDCRDNumber>None</associatedBDCRDNumber>
                <recipientAddress>
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                    <description>CALIFORNIA</description>
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                    <description>COLORADO</description>
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                    <state>MS</state>
                    <description>MISSISSIPPI</description>
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                    <description>MISSOURI</description>
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                    <description>NEW YORK</description>
                    <state>NC</state>
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                    <state>ND</state>
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                    <state>OH</state>
                    <description>OHIO</description>
                    <state>OK</state>
                    <description>OKLAHOMA</description>
                    <state>OR</state>
                    <description>OREGON</description>
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                    <description>PENNSYLVANIA</description>
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                    <state>SC</state>
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                    <state>SD</state>
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                    <state>TN</state>
                    <description>TENNESSEE</description>
                    <state>TX</state>
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                    <description>VIRGINIA</description>
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                    <description>WASHINGTON</description>
                    <state>WV</state>
                    <description>WEST VIRGINIA</description>
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                </statesOfSolicitationList>
                <foreignSolicitation>false</foreignSolicitation>
            </recipient>
        </salesCompensationList>
        <offeringSalesAmounts>
            <totalOfferingAmount>20625000</totalOfferingAmount>
            <totalAmountSold>20127000</totalAmountSold>
            <totalRemaining>498000</totalRemaining>
            <clarificationOfResponse></clarificationOfResponse>
        </offeringSalesAmounts>
        <investors>
            <hasNonAccreditedInvestors>false</hasNonAccreditedInvestors>
            <totalNumberAlreadyInvested>41</totalNumberAlreadyInvested>
        </investors>
        <salesCommissionsFindersFees>
            <salesCommissions>
                <dollarAmount>1031250</dollarAmount>
                <isEstimate>true</isEstimate>
            </salesCommissions>
            <findersFees>
                <dollarAmount>0</dollarAmount>
            </findersFees>
            <clarificationOfResponse></clarificationOfResponse>
        </salesCommissionsFindersFees>
        <useOfProceeds>
            <grossProceedsUsed>
                <dollarAmount>2816100</dollarAmount>
            </grossProceedsUsed>
            <clarificationOfResponse>AEI Net Lease Portfolio XI Depositor, LLC will be responsible for paying certain fees and costs of approximately $825,000.</clarificationOfResponse>
        </useOfProceeds>
        <signatureBlock>
            <authorizedRepresentative>false</authorizedRepresentative>
            <signature>
                <issuerName>AEI Net Lease Portfolio XI DST</issuerName>
                <signatureName>RONA L NEWTSON</signatureName>
                <nameOfSigner>RONA L NEWTSON AUTHORIZED SIGNATORY FOR ROBERT P JOHNSON</nameOfSigner>
                <signatureTitle>ROBERT P JOHNSON PRESIDENT</signatureTitle>
                <signatureDate>2019-02-07</signatureDate>
            </signature>
        </signatureBlock>
    </offeringData>
</edgarSubmission>
