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 22 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 687 single-tenant retail net leased properties spanning 45 states, with 98 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.
Follow-Up Questions
Who is the CEO of Netstreit Corp?
Mr. Mark Manheimer is the President of Netstreit Corp, joining the firm since 2019.
What is the price performance of NTST stock?
The current price of NTST is $19.26, it has increased 1.26% in the last trading day.
What are the primary business themes or industries for Netstreit Corp?
Netstreit Corp belongs to Real Estate industry and the sector is Real Estate
What is Netstreit Corp market cap?
Netstreit Corp's current market cap is $1.6B
Is Netstreit Corp a buy, sell, or hold?
According to wall street analysts, 18 analysts have made analyst ratings for Netstreit Corp, including 8 strong buy, 10 buy, 5 hold, 0 sell, and 8 strong sell
