{
  "docId": "019de517-a68b-7445-890a-5d4593f7e34b",
  "docSlug": "59fc747b438d67cbcffaa93b7dfdfecd",
  "documentTitle": "Netstreit | Investor Presentation Deck | 40 slides",
  "authorId": "netstreit",
  "authorName": "Netstreit",
  "documentKindSlug": "pitchdeck",
  "documentKindLabel": "Pitch deck",
  "sourceTypeSlug": "investor_relations",
  "sourceTypeLabel": "Investor relations",
  "presentationDate": "2023-12-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.3333334,
  "pageNumber": 16,
  "pageCount": 40,
  "prevPage": 15,
  "nextPage": 17,
  "slideType": "other",
  "function": "establish_context",
  "density": "overcrowded",
  "nDataPoints": 10,
  "notes": null,
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de517-a68b-7445-890a-5d4593f7e34b/16",
  "deckHref": "/decks/019de517-a68b-7445-890a-5d4593f7e34b",
  "deckJsonHref": "/decks/019de517-a68b-7445-890a-5d4593f7e34b.json",
  "deckAnchorHref": "/decks/019de517-a68b-7445-890a-5d4593f7e34b#slide-16",
  "components": [
    {
      "bbox": {
        "h": 0.44,
        "w": 0.48,
        "x": 0.48,
        "y": 0.16
      },
      "kind": "chart",
      "text": "Debt Maturity Schedule – Pro Forma2,3\n$600\n$500\n$400\n$300\n$200\n$100\n$0\n2023\n2024\n2025\n2026\n2027\n2028\n2029\n$400\n$8\n$175\n$250\n$200",
      "attrs": {
        "title": "Debt Maturity Schedule – Pro Forma",
        "series": [
          {
            "name": "2024 Unsecured Term Loan",
            "values": [
              0,
              0,
              0,
              0,
              0,
              0,
              0
            ]
          },
          {
            "name": "2029 Unsecured Term Loan",
            "values": [
              0,
              0,
              0,
              0,
              0,
              0,
              0
            ]
          },
          {
            "name": "Revolving Credit Facility Capacity",
            "values": [
              0,
              0,
              0,
              0,
              0,
              0,
              0
            ]
          },
          {
            "name": "2028 Unsecured Term Loan",
            "values": [
              0,
              0,
              0,
              0,
              0,
              200,
              0
            ]
          },
          {
            "name": "Mortgage Note",
            "values": [
              0,
              0,
              0,
              0,
              175,
              0,
              0
            ]
          }
        ],
        "x_axis_labels": [
          "2023",
          "2024",
          "2025",
          "2026",
          "2027",
          "2028",
          "2029"
        ],
        "y_axis_labels": [
          "$0",
          "$100",
          "$200",
          "$300",
          "$400",
          "$500",
          "$600"
        ]
      },
      "subkind": "bar-vertical",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "a7d8d8c4-12b7-4767-b467-59204fe2a41e",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.07,
        "w": 0.35,
        "x": 0.54,
        "y": 0.59
      },
      "kind": "legend",
      "text": "■2024 Unsecured Term Loan 3\n■2029 Unsecured Term Loan 2\nRevolving Credit Facility Capacity\n■2028 Unsecured Term Loan\n■Mortgage Note",
      "attrs": {},
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "b2f6530c-1019-4b4b-a0f9-3f118cfcf8f7",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.39,
        "x": 0.05,
        "y": 0.52
      },
      "kind": "list",
      "text": "Low Leverage:\nPF Net Debt⁴ / Annualized Adjusted EBITDAre of 4.2x",
      "attrs": {},
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "193471cb-b509-47cb-8c5f-5851336ce8e6",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.39,
        "x": 0.05,
        "y": 0.43
      },
      "kind": "list",
      "text": "Unsecured Balance Sheet:\nAsset base is over 99% unencumbered",
      "attrs": {},
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "1f326a46-31ee-4849-84e1-ff0e1ea6a990",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.39,
        "x": 0.05,
        "y": 0.27
      },
      "kind": "list",
      "text": "Access to Debt:\nSecured new 5.5-year $250 million term loan²",
      "attrs": {},
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "4eb6d0c7-4a00-4566-8201-8abb7109aa13",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.39,
        "x": 0.05,
        "y": 0.16
      },
      "kind": "list",
      "text": "Abundant Liquidity to Support Growth:\n$564.6 million in total PF liquidity¹",
      "attrs": {},
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "7a07f84f-04e7-41ad-8835-15cdf2d697b2",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.39,
        "x": 0.05,
        "y": 0.34
      },
      "kind": "list",
      "text": "Well-Staggered Debt Maturity Profile:\nNo term loan maturities expected until 2027²,³",
      "attrs": {},
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "8d23e284-81a7-49d3-8a06-dbd02393629d",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.01,
        "w": 0.44,
        "x": 0.035,
        "y": 0.85
      },
      "kind": "source-note",
      "text": "Source: Company data as September 30, 2023, unless otherwise noted.",
      "attrs": {},
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "4a27689e-14db-4aaa-8495-0768531178ff",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.016,
        "w": 0.93,
        "x": 0.035,
        "y": 0.93
      },
      "kind": "source-note",
      "text": "4. Pro forma (PF) adjustment reflects 5,983,711 shares of unsettled common stock issued through the ATM during the third quarter were settled for cash on September 30, 2023.",
      "attrs": {
        "numbered": true
      },
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "5c9fec40-0bc9-4287-bfd6-ff8333b3063f",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.026,
        "w": 0.93,
        "x": 0.035,
        "y": 0.87
      },
      "kind": "source-note",
      "text": "1. Pro forma (PF) adjustment reflects 5,983,711 of unsettled common stock issued through the ATM during the third quarter were settled for cash on September 30, 2023, and includes the $100.0 million available to draw from the $250.0 million senior\nunsecured term loan that closed on July 3, 2023.",
      "attrs": {
        "numbered": true
      },
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "7b79dd55-f314-45ae-8310-67ae0a42e0ca",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.016,
        "w": 0.93,
        "x": 0.035,
        "y": 0.91
      },
      "kind": "source-note",
      "text": "3. Company extended the existing $175 million term loan maturity to January 2026 from December 2024, with a one-year extension option to further extend maturity to January 2027.",
      "attrs": {
        "numbered": true
      },
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "95191713-a989-443b-9ce4-58293798e99c",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.016,
        "w": 0.93,
        "x": 0.035,
        "y": 0.9
      },
      "kind": "source-note",
      "text": "2. The three-year $250 million senior unsecured delayed draw term loan includes two one-year extension options and one six-month to extend maturity to January 2029, at Company's discretion, totaling 5.5 year of available term.",
      "attrs": {
        "numbered": true
      },
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "b20ffcc0-1cf6-4837-b3f2-34d2326c23b1",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.016,
        "w": 0.75,
        "x": 0.084,
        "y": 0.06
      },
      "kind": "title",
      "text": "Balance Sheet Positioned for Growth Given Strong Liquidity Profile and Low Leverage Position",
      "attrs": {},
      "subkind": "action-title",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "3af0d2a4-1879-4c63-9fb3-b570f6adc7ea",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.75,
        "x": 0.084,
        "y": 0.03
      },
      "kind": "title",
      "text": "Conservative Balance Sheet with Improved Liquidity",
      "attrs": {},
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "e6eaa013-4b10-4744-abb6-8ec6c32572a7",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [
    {
      "name": "2x2 matrix",
      "slug": "matrix-2x2",
      "agent": null,
      "layer": "slide",
      "matchId": "1aa4d5e2-0467-4835-89e1-fdf0efa32047",
      "evidence": "legend: ■2024 Unsecured Term Loan 3 ■2029 Unsecured Term Loan 2",
      "confidence": 0.5
    },
    {
      "name": "Waterfall chart",
      "slug": "waterfall-chart",
      "agent": null,
      "layer": "slide",
      "matchId": "5a3e67e8-0d63-4765-91e3-e78ca6c86309",
      "evidence": "chart/bar-vertical: Debt Maturity Schedule – Pro Forma",
      "confidence": 0.8
    }
  ],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 16,
      "from": 15,
      "beatId": "37d4b878-c7d0-47ae-b82e-73408bfc8c46",
      "arcName": "The Sequoia Pitch",
      "arcSlug": "sequoia-pitch",
      "beatName": "Business Model",
      "beatSlug": "sequoia-pitch-business-model",
      "evidence": "Continuously Track Property Performance and Conservative Balance Sheet slides explain the business model.",
      "position": 2,
      "confidence": 0.7,
      "parentBeatName": "Evidence",
      "parentBeatSlug": "evidence"
    }
  ],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}