{
  "docId": "019de518-1e18-71bb-ab96-1ce8f3441093",
  "docSlug": "a4c7e6672427de2e10ec34113cb8bf0a",
  "documentTitle": "Netstreit | Investor Presentation Deck | 40 slides",
  "authorId": "netstreit",
  "authorName": "NETSTREIT",
  "documentKindSlug": "pitchdeck",
  "documentKindLabel": "Pitch deck",
  "sourceTypeSlug": "investor_relations",
  "sourceTypeLabel": "Investor relations",
  "presentationDate": "2024-02-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.3333334,
  "pageNumber": 12,
  "pageCount": 40,
  "prevPage": 11,
  "nextPage": 13,
  "slideType": "competitive_analysis",
  "function": "compare_peers",
  "density": "overcrowded",
  "nDataPoints": 30,
  "notes": null,
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de518-1e18-71bb-ab96-1ce8f3441093/12",
  "deckHref": "/decks/019de518-1e18-71bb-ab96-1ce8f3441093",
  "deckJsonHref": "/decks/019de518-1e18-71bb-ab96-1ce8f3441093.json",
  "deckAnchorHref": "/decks/019de518-1e18-71bb-ab96-1ce8f3441093#slide-12",
  "components": [
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      "bbox": {
        "h": 0.02,
        "w": 0.11,
        "x": 0.02,
        "y": 0.95
      },
      "kind": "image",
      "text": "NETSTREIT",
      "attrs": null,
      "subkind": "logo",
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      "componentId": "854800fb-13ba-4c02-8530-694165c3058b",
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    {
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      },
      "kind": "list",
      "text": "1. Investments with investment grade credit metrics (more than $1.0 billion in annual sales and a debt to adjusted EBITDA ratio of less than 2.0x), but do not carry a published rating from S&P, Fitch, Moody's, or NAIC.\n2. Excludes lease extension options and investments that secure mortgage loans receivable.\n3. Assumes cash cap rate is 30bps lower than reported GAAP cap rate.",
      "attrs": null,
      "subkind": "numbered",
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    {
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        "x": 0.039,
        "y": 0.873
      },
      "kind": "source-note",
      "text": "Source: Company filings from August 2020 through December 31, 2023. FCPT and EPRT are as of September 30, 2023",
      "attrs": null,
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      "toolSlug": null,
      "confidence": null,
      "componentId": "bf614cfd-9e09-4904-b8a3-e23b6f4c6d7a",
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    {
      "bbox": {
        "h": 0.402,
        "w": 0.589,
        "x": 0.36,
        "y": 0.258
      },
      "kind": "table",
      "text": "Sourcing Volume Since 3Q'20\nNETSTREIT\nAGREE REALTY\nNNN REIT\nFCPT\nESSENTIAL PROPERTIES\nVolume $(000)s\n$1,618\n$4,987\n$2,329\n$1,014\n$3,002\nInvestment Grade %\n67.5%\n67.9%\nNA\n54.2%\nNA\nInvestment Grade Profile¹ %\n13.8%\nNA\nNA\nNA\nNA\nIG + IG Profile %\n81.2%\nNA\nNA\nNA\nNA\nWALT²\n9.8\n9.6\n10.4\n10.2\n13.0\nWeighted Average Cash Yield\n6.7%\n6.1%³\n6.8%\n6.5%\n7.2%",
      "attrs": null,
      "subkind": "data",
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      "confidence": null,
      "componentId": "a105ac67-90c4-41d3-bb77-31a65edd75f6",
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    },
    {
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        "h": 0.02,
        "w": 0.79,
        "x": 0.085,
        "y": 0.07
      },
      "kind": "title",
      "text": "Consistently Invested at Above-Market Yields Despite Focus on High-Quality Tenants",
      "attrs": null,
      "subkind": "action-title",
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      "confidence": null,
      "componentId": "3d929249-71fb-4f8a-b78f-fd694d5e7354",
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        "h": 0.04,
        "w": 0.82,
        "x": 0.084,
        "y": 0.03
      },
      "kind": "title",
      "text": "History of Sourcing Investments at Attractive Yields",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
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      "confidence": null,
      "componentId": "fb40c948-cf4c-42fe-9cd0-44b4c77f08a8",
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    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 15,
      "from": 10,
      "beatId": "816654b9-ed71-48db-bb83-a1c5bf07b585",
      "arcName": "The Sequoia Pitch",
      "arcSlug": "sequoia-pitch",
      "beatName": "Business Model",
      "beatSlug": "sequoia-pitch-business-model",
      "evidence": "The deck provides details on NETSTREIT's business model and portfolio performance",
      "position": 2,
      "confidence": 0.8,
      "parentBeatName": "Evidence",
      "parentBeatSlug": "evidence"
    }
  ],
  "loops": [
    {
      "to": 40,
      "from": 3,
      "name": "Golden Circle",
      "slug": "11-golden-circle",
      "bestFor": "Visionary leadership, brand positioning, mission statements",
      "matchId": "c78417bf-3c00-41f9-ab53-94aa3fe93883",
      "evidence": "The deck presents NETSTREIT's vision and approach to ESG",
      "position": 1,
      "objective": "Why does NETSTREIT's strategy matter?",
      "structure": "The Why (Belief) -> The How (Process) -> The What (Result)",
      "confidence": 0.6,
      "description": "Invert the typical pitch by starting with why you exist, rather than what you do"
    }
  ],
  "imagePathAlt": null,
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  "locked": true
}