Netstreit Corp is a publicly traded, internally managed real estate investment trust focused on the acquisition and ownership of single-tenant, net-lease retail properties across the United States. The company was formed in 2019 and completed its initial public offering in July 2020. Netstreit is structured as an UPREIT and trades on the New York Stock Exchange under the ticker NTST. From inception, the firm has emphasized disciplined underwriting, tenant credit quality, and long-duration cash flows derived from necessity-based retail uses.
The company’s core business centers on owning freestanding retail assets leased under long-term triple-net agreements, where tenants are responsible for taxes, insurance, and maintenance. Netstreit targets tenants operating in industries where physical locations are critical to revenue generation, including convenience retail, grocery-adjacent uses, auto parts, pharmacies, discount retail, and quick-service restaurants. As of year-end 2025, the portfolio consisted of approximately 760+ properties across 45 states, with occupancy near 100% and a weighted-average remaining lease term of approximately 10 years.
Netstreit’s investment strategy prioritizes portfolio diversification by tenant, geography, and industry, while maintaining a meaningful allocation to investment-grade or investment-grade-profile tenants. The portfolio is intentionally fragmented, with no single metropolitan area dominating net operating income. Top tenants include 7-Eleven, Dollar General, CVS Health, Walgreens, and Home Depot.
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