Netstreit Investor Presentation Deck slide image

Netstreit Investor Presentation Deck

Consistent Investment Approach Disciplined and Deliberate Portfolio Construction $ Investment Philosophy NETSTREIT Defensive Tenancy in Necessity-Based and E-commerce-Resistant Retail Industries ¹ Resilient, Cycle-Tested Investment Grade Credit Tenants with Durable Cash Flows¹ Granular Assets in Highly Fragmented, Undercapitalized Market Segment Net Lease Retail Assets with Long Lease Term Benefiting From Contractual Rent Growth Diversification by Industry, Tenant, State¹ Significant Focus on Fundamental Real Estate Underwriting Note: Portfolio data as of June 30, 2023. 1. Portfolio statistics as a percentage of ABR. 2. Weighted by ABR; excludes lease extension options and 62 investments that secure mortgage loans receivable. Portfolio Strategy Primarily >60% $1 to $10 million Avg. Asset Size ~10 Year WALT <15% Industry <50% Top 10 Tenants <15% State Current Metrics 86.8% 81.8% (67.7% Investment Grade Credit and 14.1% Investment Grade Profile) $3.2 million Avg. Asset Size 9.4 Year² WALT 16.9% Industry 51.2% Top 10 Tenants 8.7% State Attractive cost basis with durable valuation supported by market rents and demos, physical structure and location, and alternative use analyses
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