Netstreit IPO Presentation Deck slide image

Netstreit IPO Presentation Deck

Acquisition Case Study: High-Quality Unrated Ollie's Bargain Outlet Portfolio Acquisition - Various Locations Acquisition Completed: March 2020 COLLIE'S NETSTREIT Defensive Portfolio at Premium Yield Establishes meaningful exposure to Ollie's Bargain Outlet (NASDAQ: OLLI) QUIE'S • Previously part of the Toys R Us estate High-quality properties in strong retail locations Exemplifies NETSTREIT's "High-Quality Unrated" category • Premium yield for a creditworthy tenant operating in a defensive market position Supports counter-cyclical portion of NTST's strategy and philosophy $26.1M Purchase Price 6.9% Acquisition Cap Rate 10 Years New Lease Terms $6.9B Market Capitalization $0.9M Debt on Balance Sheet² Scurce SNL Financial, Company dat Markt dists as of 71312020. 1. Originally proportion with weakes two locations liminated following to checks 2. Reffects long lam deb outstanding as of 5/2/2020 7 Properties¹ $1.4B Tenant Sales (2019) 0.8% Avg. Annual Rent Increases NR/NR S&P/Moody's Credit Rating Essential Designation During COVID-19 2
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