| Market Capitalization (Millions $) |
2,025 |
| Shares
Outstanding (Millions) |
99 |
| Employees |
29 |
| Revenues (TTM) (Millions $) |
303 |
| Net Income (TTM) (Millions $) |
15 |
| Cash Flow (TTM) (Millions $) |
-3 |
| Capital Exp. (TTM) (Millions $) |
11 |
Business Description
Netstreit Corp is a U.S.-based real estate investment trust (REIT) that primarily invests in single-tenant, retail properties located in the United States. It was founded in 2019 and has its headquarters in Dallas, Texas. The company is publicly traded on the New York Stock Exchange under the ticker symbol NTST.
Netstreit Corp's main business objective is to acquire, invest in, and manage high-quality retail properties that are leased to high-quality tenants. Its portfolio consists of retail properties spread across 17 states, with a total gross leasable area of8 million square feet. The properties are diversified across various retail subsectors, such as essential goods, convenience services, and daily needs segments.
The company focuses on single-tenant properties, which have the advantage of a more stable rental income. The properties are primarily located in suburban markets and small towns, which have proven to be resistant to the negative impact of e-commerce on brick-and-mortar retail.
Netstreit Corp has a disciplined investment approach, which is based on three key factors: location, property quality, and tenant quality. The company seeks to acquire properties that are located in areas with strong demographic and economic fundamentals, have high-quality physical components, and are leased to investment-grade tenants with long-term leases.
Netstreit Corp has a reputable management team, led by Scott Bowman, the CEO. The team has extensive experience in the real estate sector, and a track record of delivering consistent returns to investors. The company distributes regular dividends to its shareholders, providing a stable income stream to investors.
Overall, Netstreit Corp is a well-established REIT, with a focus on single-tenant retail properties that provide a stable income stream to investors. The company has a disciplined investment approach, a diversified portfolio, and a reputable management team, making it a compelling investment opportunity for investors seeking exposure to the retail real estate sector.
Company Address: 2021 McKinney Avenue Dallas 75201 TX
Company Phone Number: 200-7100 Stock Exchange / Ticker: NYSE NTST
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