Financial Snapshot
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About NETSTREIT Corp.
NetSTREIT Corp. is an internally managed Real Estate Investment Trust that specializes in acquiring single-tenant net lease retail properties nationwide. The company is headquartered in Dallas, Texas and currently employs 28 full-time employees. The company went IPO on 2020-08-13. The firm is structured as an umbrella partnership real estate investment trust (UPREIT). The Company’s diversified portfolio consists of approximately 598 single-tenant retail net leased properties spanning 45 states, with 85 different tenants represented across 26 retail sectors. The firm focuses on tenants in industries where a physical location is critical to the generation of sales and profits, with a focus on necessity goods and essential services in the retail sector, including home improvement, auto parts, drug stores and pharmacies, general retail, grocers, convenient stores, discount stores, and quick-service restaurants, which it refers to as defensive retail industries.
Industry: Real Estate Investment Trusts Peers: ACADIA REALTY TRUST ALEXANDERS INC Necessity Retail REIT, Inc. CBL & ASSOCIATES PROPERTIES INC GETTY REALTY CORP /MD/ InvenTrust Properties Corp. REALTY INCOME CORP SAUL CENTERS, INC. TANGER INC. Urban Edge Properties