Netstreit IPO Presentation Deck

Acquisition Case Study: Sub-IG Rated Floor & Decor - La Quinta, CA Acquisition Completed: June 2020 FLOOR DECOR STONE E-Commerce Resistant Tenant at Attractive Price First exposure to Floor & Decor (NYSE: FND) • Exemplifies NETSTREIT's ability to partner with developers and buyers to acquire undervalued assets NETSTREIT • Purchase of the property from a mixed-use buyer who did not want the retail exposure FLOOR DECOR Replacement tenant with 2nd generation rents next to a thriving Waimart Supercenter • Mitigates the downside related to Floor & Decor's sub-investment grade rating Enhances the e-commerce resistance of current portfolio $9.6M Purchase Price 8.5% Acquisition Cap Rate 10 Years New Lease Term $6.8B Market Capitalization $419.6M Debt on Balance Sheet¹ Source SNL Financial, Company dats Markets of 71312020. 1, Reflecte long-term deb as of 3/262020 (FNC a first fecal quamor of 2020 ended on 326/2020) 1 Property $2.0B Tenant Sales (2019) 2.0% Avg. Annual Rent Increases BB-/ Ba3 S&P/Moody's Credit Rating Essential Designation During COVID-19

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