Investor Presentaiton
HIGHLY DIVERSIFIED BY TENANT & PROPERTY TYPE
TOP 20 TENANTS
PROPERTY TYPE DIVERSIFICATION (BY ABR)
# of
Tenant
Property Type
ABR as a
% of Total
Properties
Portfolio
Roskam Baking Company*
AHF Products*
Industrial
7
4.0%
Industrial
8
2.4%
Jack's Family Restaurants*
Restaurants
43
1.9%
Joseph T Ryerson & Son
Industrial
11
1.7%
Red Lobster*
Axcelis Technologies
J. Alexander's*
Hensley*
Restaurants
19
1.6%
Industrial
1
1.6%
Healthcare
Restaurants
16
1.6%
Industrial
3
1.5%
Dollar General
Retail
60
1.5%
BluePearl**
Healthcare
13
1.4%
Top 10 Tenants
181
19.2%
$389mm
Annualized
Industrial
52%
■ Manufacturing
17%
■ Distribution & Warehouse
13%
■ Food Processing
11%
■ Flex and R&D
5%
■ Cold Storage
3%
■ Industrial Services
3%
17%
■ Clinical
7%
■ Healthcare Services
3%
■ Animal Health Services
3%
■ Surgical
2%
■Life Science
2%
Outback Steakhouse*
Restaurants
22
1.4%
Base Rent
Restaurants
13%
■ Casual Dining
7%
Tractor Supply Co.
Retail
21
1.4%
■ Quick Service Restaurants
6%
Big Tex Trailers*
Ind./ Retail/ Office
17
1.3%
Krispy Kreme
Rest. / Ind.
27
1.3%
Retail
12%
■ General Merchandise
7%
Salm Partners
Industrial
2
1.2%
■ Automotive
3%
Nestle Dreyer's¹
Industrial
1
1.2%
■ Home Furnishings
2%
Carvana*
Industrial
2
1.2%
■Child Care
0%
Klosterman Bakery*
Industrial
11
1.2%
Office
6%
Arkansas Surgical Hospital
Healthcare
1
1.0%
Corporate Headquarters
3%
American Signature
Retail
6
1.0%
Strategic Operations
2%
■ Call Center
1%
Top 20 Tenants
291
31.4%
* Subject to master lease
** Includes properties leased by multiple tenants, some, not all, of which are subject to master leases
1 Nestle's ABR excludes $1.6 million of rent paid under a sub-lease for an additional property, which will convert to a prime lease no later than August 2024
BROADSTONE
7
INVESTOR PRESENTATION | MAY 2023
NET LEASE, INC.View entire presentation