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Broadstone Net Lease Inc

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Broadstone Net Lease Inc (NYSE: BNL) is a real estate investment trust (REIT) that acquires, owns, and manages single-tenant commercial real estate properties under long-term net leases. Revenue comes from rental income paid by tenants who are contractually responsible for most property-level operating costs, including taxes, insurance, and maintenance, under net lease structures. BNL is structured as an internally managed REIT and files with the SEC as a well-known seasoned issuer, with common stock registered under Section 12(g) at a par value of $0.00025 per share. The filing excerpts provided do not supply sufficient detail to characterize portfolio size, tenant concentration, geographic mix, segment breakdown, or competitive positioning with precision. Based solely on the available filing content, BNL operates a net lease real estate model where predictable contractual rent from single-tenant properties constitutes the primary revenue stream.

Products & Services

Single-tenant net lease commercial real estate properties.

Revenue Model

Rental income from single-tenant commercial properties held under long-term net lease agreements, where tenants bear most operating expenses.

Financial Snapshot

Revenue
TTM
$476.2M
Gross Margin
TTM
87.94%
Net Income
TTM
$145.1M
Current Assets
2026 Q2
$204.6M
Current Liabilities
2026 Q2
$141.2M
Current Ratio
2026 Q2
144.86%
Total Assets
2026 Q2
$5.865B
Total Liabilities
2026 Q2
$2.984B
Book Value
2026 Q2
2.881B
Cash
2026 Q2
$11.10M
P/E
TTM
27.93
Free Cash Flow
TTM
-$353.1M

Stock Price

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Market Cap: $4.0528 Billion

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