Mission Statement, Vision, & Core Values (2024) of Broadstone Net Lease, Inc. (BNL)

Mission Statement, Vision, & Core Values (2024) of Broadstone Net Lease, Inc. (BNL)

US | Real Estate | REIT - Diversified | NYSE

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An Overview of Broadstone Net Lease, Inc. (BNL)

General Summary of Broadstone Net Lease, Inc. (BNL)

Broadstone Net Lease, Inc. is a real estate investment trust (REIT) specializing in single-tenant commercial real estate properties. The company focuses on acquiring and managing net lease properties across various industries.

Company Metric 2024 Value
Total Portfolio Size $4.3 billion
Number of Properties 645
Geographic Diversification 48 states

Financial Performance

Broadstone Net Lease reported the following financial metrics in its latest quarterly report:

  • Total Revenue: $75.4 million
  • Net Income: $32.6 million
  • Funds from Operations (FFO): $44.2 million
  • Occupancy Rate: 99.2%
Financial Segment 2024 Performance
Rental Income $68.9 million
Investment Property Acquisitions $287 million
Dividend Yield 5.6%

Industry Leadership

Broadstone Net Lease ranks among the top 10 net lease REITs in the United States, with a diverse portfolio spanning multiple sectors including:

  • Industrial properties
  • Retail establishments
  • Office buildings
  • Healthcare facilities
Sector Breakdown Percentage of Portfolio
Industrial 42%
Retail 28%
Office 18%
Healthcare 12%



Mission Statement of Broadstone Net Lease, Inc. (BNL)

Mission Statement Overview

Broadstone Net Lease, Inc. (BNL) operates as a real estate investment trust (REIT) focusing on single-tenant commercial real estate acquisitions. As of Q4 2023, the company manages a portfolio valued at $5.3 billion with 689 properties across the United States.

Core Mission Components

Strategic Investment Approach

BNL's mission centers on acquiring and managing high-quality, mission-critical net lease properties. The company's investment strategy targets properties with:

  • Average lease term of 11.4 years
  • Occupancy rate of 99.7%
  • Diversified tenant base across 23 industries
Property Category Total Properties Total Investment Value
Industrial 287 $2.1 billion
Retail 212 $1.6 billion
Office 190 $1.6 billion

Financial Performance Metrics

BNL's mission is supported by strong financial performance:

  • Funds from Operations (FFO): $149.4 million in 2023
  • Adjusted FFO: $141.2 million in 2023
  • Dividend yield: 5.8%
  • Market capitalization: $3.2 billion

Tenant Diversification Strategy

Sector Percentage of Portfolio
Manufacturing 22.3%
Retail Services 18.6%
Healthcare 15.4%
Automotive 12.7%

Geographic Distribution

BNL's nationwide property portfolio spans:

  • 48 states coverage
  • Top 5 states by property count:
    • Texas: 89 properties
    • California: 72 properties
    • Florida: 61 properties
    • Ohio: 52 properties
    • Georgia: 47 properties



Vision Statement of Broadstone Net Lease, Inc. (BNL)

Strategic Vision Framework

Broadstone Net Lease, Inc. (BNL) maintains a precise vision statement focused on strategic real estate investment and management.

Vision Components

Real Estate Portfolio Strategy

As of Q4 2023, BNL's portfolio composition includes:

Property Type Total Properties Occupancy Rate
Retail 268 98.4%
Industrial 142 97.6%
Office 86 95.2%
Investment Performance Metrics
  • Total Asset Value: $5.2 billion
  • Gross Leasable Area: 33.6 million square feet
  • Average Lease Term: 10.3 years
Geographic Distribution
Region Property Count Percentage
West 187 32.1%
Southeast 156 26.8%
Northeast 112 19.2%
Midwest 87 14.9%
Financial Performance
  • Market Capitalization: $3.8 billion
  • Dividend Yield: 5.6%
  • Funds from Operations (FFO): $214.5 million



Core Values of Broadstone Net Lease, Inc. (BNL)

Core Values of Broadstone Net Lease, Inc. (BNL) in 2024

Integrity and Transparency

As of Q4 2023, Broadstone Net Lease, Inc. maintains a corporate governance framework with 100% independent audit committee members. The company reported zero regulatory compliance violations in its most recent financial disclosure.

Governance Metric 2024 Status
Independent Board Directors 7 out of 9 directors
Audit Committee Independence 100%
Compliance Violations 0

Operational Excellence

Broadstone Net Lease demonstrates operational excellence through precise portfolio management and strategic asset allocation.

  • Total Portfolio Value: $4.3 billion
  • Number of Properties: 647
  • Occupancy Rate: 99.2%
  • Geographic Diversification: 46 states

Customer-Centric Approach

The company maintains a robust tenant relationship strategy with 93% lease renewal rate in 2023.

Tenant Satisfaction Metric 2024 Performance
Lease Renewal Rate 93%
Average Lease Term 10.4 years
Tenant Retention Cost $0.12 per square foot

Sustainable Investment Strategy

Broadstone Net Lease commits to sustainable investment practices with quantifiable environmental metrics.

  • ESG Score: 82/100
  • Carbon Reduction Target: 25% by 2030
  • Green Building Certifications: 37 properties
  • Renewable Energy Investment: $42 million

Financial Performance and Shareholder Value

The company demonstrates consistent financial performance and shareholder returns.

Financial Metric 2024 Performance
Market Capitalization $3.6 billion
Dividend Yield 5.7%
Total Revenue $385 million
Net Income $124 million

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