{
  "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": 9,
  "pageCount": 40,
  "prevPage": 8,
  "nextPage": 10,
  "slideType": "competitive_analysis",
  "function": "present_framework",
  "density": "dense",
  "nDataPoints": 4,
  "notes": null,
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de518-1e18-71bb-ab96-1ce8f3441093/9",
  "deckHref": "/decks/019de518-1e18-71bb-ab96-1ce8f3441093",
  "deckJsonHref": "/decks/019de518-1e18-71bb-ab96-1ce8f3441093.json",
  "deckAnchorHref": "/decks/019de518-1e18-71bb-ab96-1ce8f3441093#slide-9",
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        "w": 0.26,
        "x": 0.03,
        "y": 0.918
      },
      "kind": "source-note",
      "text": "Source: Company data as of December 31, 2023.",
      "attrs": {},
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    {
      "bbox": {
        "h": 0.73,
        "w": 0.833,
        "x": 0.084,
        "y": 0.149
      },
      "kind": "table",
      "text": "Investment Grade (rated): Validated financial strength and stability, Professional management with standardized operational practices, Focus on corporate guarantee credit, Lower relative yields, Higher competition for deals. Investment Grade Profile (unrated): IG-caliber balance sheets without explicit rating, Threshold metrics: At least $1B in sales, Debt / adjusted EBITDA of less than 2.0x. Sub-IG (rated) & Sub-IG Profile (unrated): Well-capitalized retailers, National footprint with strong brand equity, Focus on real estate quality / unit-level profitability, Higher relative yields, Lower competition for deals. Durability: Defensive, consistent performance through economic cycles. % Of ABR: 70.5% (Less negotiating leverage), 84.6% IG and IG Profile, 14.1% (More negotiating leverage), 15.4% (Most negotiating leverage). Lease Terms: Less negotiating leverage, More negotiating leverage, Most negotiating leverage. Representative Tenants: Walgreens, 7-Eleven, TJX, Kroger, Firestone, Starbucks, Target, Whole Foods, Advance Auto Parts, Walmart, Ollie's, Lowe's, Publix, Gerber, Chick-fil-A, Davita, Wendy's, KFC, Hobby Lobby, Jack's, Winn-Dixie, Burlington, REI, Schnucks.",
      "attrs": {},
      "subkind": "data",
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    {
      "bbox": {
        "h": 0.02,
        "w": 0.83,
        "x": 0.084,
        "y": 0.06
      },
      "kind": "title",
      "text": "Credit-Focused Underwriting Approach Drives Stable Revenue and Long-Term Return on Investment",
      "attrs": {},
      "subkind": "action-title",
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      "componentId": "a63faeba-4966-47dd-9c57-af19fd262f2b",
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    {
      "bbox": {
        "h": 0.03,
        "w": 0.63,
        "x": 0.084,
        "y": 0.03
      },
      "kind": "title",
      "text": "Strong Tenant Credit Underwriting",
      "attrs": {},
      "subkind": "headline",
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      "toolSlug": null,
      "confidence": null,
      "componentId": "3d3fdd68-86ab-4788-bc90-8333600b8767",
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  ],
  "metrics": [],
  "tools": [],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 9,
      "from": 6,
      "beatId": "f54b3985-d863-4e86-adc7-eba3bf271fe9",
      "arcName": "The Sequoia Pitch",
      "arcSlug": "sequoia-pitch",
      "beatName": "Solution",
      "beatSlug": "sequoia-pitch-solution",
      "evidence": "The deck outlines NETSTREIT's investment approach and underwriting process",
      "position": 1,
      "confidence": 0.8,
      "parentBeatName": "Turn",
      "parentBeatSlug": "turn"
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  ],
  "loops": [
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      "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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  "thumbSrcAlt": null,
  "locked": true
}