Investor Presentaiton
PROVEN INVESTMENT APPROACH
Long-Standing Diversified Strategy Provides Acquisition Flexibility from Year to Year Without
Dramatically Influencing Overall Portfolio Concentration
Volume ($mm)
$1,032
448
SHOP
Industrial
Guidance
$500 Range:
$500
$907
$645
$655
$318
$550
$179
$519
$65
$69
$684
$206
$147
$607
$183
$859
لباس
$142
Healthcare
Restaurant
Retail
Office
$207
$136
$174
$60
$300
Other
$22
$80
$90
$27 $1
$112
$128
$100
$6
$3
$233
$175
$35
$64
$166
$77
$125
$71
$92
$65
$20
$13
$5
$15
2015
2016
2017
2018
2019
2020
2021
2022
2023E
% of GAV1
Acquisitions Cap Rate²
60.9%
35.8%
35.3%
23.5%
32.8%
2.5%
16.2%
19.8%
7.4%³
6.9%
6.8%
7.2%
6.9%
6.6%
6.9%
6.3%
6.4%
TBD
As of March 31, 2023 1% of previous year end, Gross asset value "GAV" means undepreciated book value, which represents the fair value of the assets as of the date acquired, less any subsequent write-downs due to
impairment charges 2 Represents the estimated first year cash yield, calculated as specified cash base rent for the first full year after investment divided by property purchase price 3 Represents midpoint of investment guidance
as a % of the 2023E midpoint of GAV. 2023E based on guidance of $300mm - $500mm of investments.
BROADSTONE
NET LEASE, INC.
15
INVESTOR PRESENTATION | MAY 2023View entire presentation