User:Netstreit Michelle/sandbox
Netstreit Corporation
[edit]| Company type | Public company |
|---|---|
| NYSE: NTST | |
| Industry | Real estate investment trust |
| Founded | 2019 |
| Headquarters | Dallas, Texas |
Key people | Mark Manheimer, President, CEO Andy Blocher, CFO |
| Products | Free-standing, single-tenant net lease commercial retail properties |
| Revenue | $33,727,000 (2020) |
| $212,000 (2020) | |
| Total assets | $725,815,000 (2020) |
| Total equity | $528,073,000 (2020) |
Number of employees | 19 |
| Website | https://www.netstreit.com/ |
Netstreit Corporation is a publicly traded real estate investment trust that owns and manages a well-diversified portfolio of free-standing, single-tenant commercial retail properties throughout the United States that are subject to Single Tenant Net Leases.[1][2][3]
Netstreit focuses on tenants in recession-resistant industries, in which a physical location is critical to generate sales and profits, such as essential goods and services.[4][5] The corporation’s principal office is located in Dallas, Texas.[6][2][7][3]
History
[edit]Netstreit was founded in Dallas, Texas on December 23, 2019.[2] The corporation became publicly traded on the New York Stock Exchange via an initial public offering on August 13, 2020 under the symbol NTST.[2][4] [8]
Investments
[edit]As of December 31, 2020, Netstreit’s portfolio includes 203 properties totaling 3.73 million square feet, spanning 38 states.
The corporation’s 20 largest tenants are:
| Rank | Tenant | % of 2020 Revenue |
|---|---|---|
| 1 | 7-11 | 8.9% |
| 2 | Lowe's | 8.6% |
| 3 | Advance Auto Parts | 7.6% |
| 4 | Sam's Club/Walmart | 6.5% |
| 5 | CVS Pharmacy | 5.3% |
| 6 | Dollar General | 4.8% |
| 7 | Ollie's Bargain Outlet | 4.6% |
| 8 | Walgreens | 3.2% |
| 9 | Ahold Delhaize (Food Lion/Stop & Shop) | 3.0% |
| 10 | Home Depot | 2.9% |
| 11 | Kohl's | 2.7% |
| 12 | Tractor Supply | 2.4% |
| 13 | Burlington | 2.2% |
| 14 | Best Buy | 2.0% |
| 15 | Floor & Decor | 2.0% |
| 16 | Fresenius | 1.9% |
| 17 | Dollar Tree/Family Dollar | 1.9% |
| 18 | Camping World | 1.7% |
| 19 | BB&T (Truist) | 1.6% |
| 20 | Jack's | 1.6% |
Executive Leadership
[edit]Mark Manheimer, President & Chief Executive Officer[6][1] [9][7]
Andy Blocher, Chief Financial Officer, Secretary & Treasurer[6][1][9] [7]
Todd Minnis, Chairman of the Board
Mark Manheimer
Matthew Troxell
Lori Whittman
Robin Zeigler
Heidi Everett
Michael Christodolou
- ^ a b c "Check out Netstreit Corp's stock price (NTST) in real time". CNBC. Retrieved 2021-04-07.
- ^ a b c d www.barrons.com https://www.barrons.com/quote/stock/us/xnys/ntst/company-people. Retrieved 2021-04-07.
{{cite web}}: Missing or empty|title=(help) - ^ a b "Netstreit LP - Company Profile and News". Bloomberg.com. Retrieved 2021-04-07.
- ^ a b Editorial, Reuters. "NTST.N - NetSTREIT Corp Profile | Reuters". www.reuters.comundefined. Retrieved 2021-04-07.
{{cite web}}:|first=has generic name (help) - ^ "NETSTREIT | Nareit". www.reit.com. Retrieved 2021-04-07.
- ^ a b c "Dallas real estate investment trust plans IPO with rented stores it says are 'internet-resistant'". Dallas News. 2020-08-10. Retrieved 2021-04-07.
- ^ a b c d "NTST | NetSTREIT Corp. Profile". MarketWatch. Retrieved 2021-04-07.
- ^ "NYSE". www.nyse.com. Retrieved 2021-04-07.
- ^ a b c Editorial, Reuters. "NTST.N - NetSTREIT Corp People | Reuters". www.reuters.comundefined. Retrieved 2021-04-07.
{{cite web}}:|first=has generic name (help)