NETSTREIT Corp.

NETSTREIT is an internally managed real estate company that acquires, owns, and manages a diversified portfolio of single-tenant commercial retail properties across the United States. These properties are subject to long-term net leases with high-credit-quality tenants. The company also invests in property developments and mortgage loans secured by real estate. As of December 31, 2025, NETSTREIT owned or had investments in 761 properties, diversified by tenant, industry, and geography, comprising 129 different tenants across 28 retail sectors in 45 states. This includes three property developments where rent has not yet commenced. The company focuses on tenants in industries where a physical location is critical to sales and profits, specifically necessity goods and essential services in the retail sector, such as grocers, convenience stores, discount stores, home improvement, quick-service restaurants, general retail, and auto parts, which it refers to as defensive retail industries. As of December 31, 2025, investments generated an Annualized Base Rent (ABR) of $198.3 million. Approximately 44% of ABR is from investment grade credit rated tenants, and an additional 14% of ABR is from tenants with an investment grade profile. The portfolio was 99.9% occupied and, excluding mortgage loans receivable, had a weighted average remaining lease term (WALT) of 10.1 years. NETSTREIT was formed as a Maryland corporation on October 11, 2019, and its common stock began trading on the NYSE under the symbol "NTST" on August 13, 2020. The company operates as an umbrella partnership real estate investment trust (REIT), owning properties and conducting business through its operating partnership, directly or through subsidiaries. As of December 31, 2025, NETSTREIT owned 99.6% of the limited partnership interests in its operating partnership.