Schedule IV - Mortgage Loans on Real Estate

12 Months Ended

Dec. 31, 2025

SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Abstract]

Schedule IV - Mortgage Loans on Real Estate

NETSTREIT Corp.

Schedule IV - Mortgage Loans on Real Estate

As of December 31, 2025

(Dollars in thousands)

Description and Industry

Number of Secured Properties

State

Interest Rate

Final Maturity Date

Periodic Payment Terms(1)

Final Payment Terms

Prior Liens

Outstanding Face Amount of Mortgages

Carrying Amount of Mortgages

Principal amount of loans subject to delinquent principal or interest

Fully collateralized mortgage loans:

Home Improvement

1

Oregon

6.00%

8/31/2027

I/O

Balloon of $38.2 million

None

$

38,162

$

38,162

None

Convenience Stores

46

North Carolina

9.55%

3/10/2026

I/O

Balloon of $41.9 million

None

41,940

41,940

None

Convenience Stores

3

North Carolina

6.89%

4/10/2026

I/O

Balloon of $4.1 million

None

4,132

4,117

None

Dollar Stores

2

Mississippi

10.09%

6/10/2026

I/O

Balloon of $2.2 million

None

2,230

2,154

None

Discount Retail

1

Wisconsin

7.00%

1/31/2026

None (2)

Interest + Balloon of $0.8 million

None

825

825

None

Dollar Stores

5

Florida

10.25%

6/5/2026

I/O

Balloon of $9.4 million

None

9,356

9,356

None

Automotive Service

1

Tennessee

10.25%

2/27/2026

I/O

Balloon of $1.7 million

None

1,703

1,703

None

Dollar Stores

1

Pennsylvania

7.25%

9/19/2027

P+I

Balloon of $1.4 million

None

1,411

1,411

None

Drug Stores & Pharmacies

1

Texas

7.00%

9/30/2029

I/O

Balloon of $0.6 million

None

636

636

None

Convenience Stores

1

California

6.50%

12/23/2029

I/O

Balloon of $3.3 million

None

3,284

3,284

None

Convenience Stores

1

California

6.50%

12/23/2029

I/O

Balloon of $4.1 million

None

4,105

4,105

None

Quick Service Restaurants

1

Kentucky

10.25%

1/24/2026

I/O

Balloon of $2.0 million

None

1,964

1,964

None

Quick Service Restaurants

1

Tennessee

10.25%

2/7/2026

I/O

Balloon of $2.2 million

None

2,216

2,216

None

Quick Service Restaurants

1

Indiana

9.75%

3/12/2026

I/O

Balloon of $1.8 million

None

1,829

1,829

None

Quick Service Restaurants

1

Indiana

9.75%

3/28/2026

None (2)

Interest + Balloon of $1.7 million

None

1,718

1,718

None

Quick Service Restaurants

1

Ohio

9.75%

4/8/2026

None (2)

Interest + Balloon of $1.8 million

None

1,820

1,820

None

Quick Service Restaurants

1

Kentucky

9.75%

4/16/2026

None (2)

Interest + Balloon of $1.6 million

None

1,647

1,647

None

Quick Service Restaurants

1

Florida

9.75%

8/19/2026

None (2)

Interest + Balloon of $2.0 million

None

1,984

1,984

None

Quick Service Restaurants

1

Florida

9.75%

8/27/2026

None (2)

Interest + Balloon of $2.1 million

None

2,088

2,088

None

Quick Service Restaurants

1

Kentucky

9.75%

9/9/2026

None (2)

Interest + Balloon of $1.7 million

None

1,724

1,724

None

Drug Stores & Pharmacies

1

Virginia

7.25%

5/18/2027

I/O

Balloon of $6.1 million

None

6,050

6,050

None

Quick Service Restaurants

1

Kentucky

9.75%

10/16/2026

None (2)

Interest + Balloon of $2.1 million

None

2,095

2,095

None

Quick Service Restaurants

1

Indiana

9.75%

10/22/2026

None (2)

Interest + Balloon of $1.4 million

None

1,427

1,427

None

Quick Service Restaurants

1

Indiana

9.75%

10/24/2026

None (2)

Interest + Balloon of $1.6 million

None

1,551

1,551

None

Quick Service Restaurants

1

Alabama

9.75%

10/30/2026

None (2)

Interest + Balloon of $1.5 million

None

1,474

1,474

None

Quick Service Restaurants

1

Georgia

9.75%

1/1/2027

None (2)

Interest + Balloon of $1.9 million

None

1,872

1,872

None

Quick Service Restaurants

1

Kentucky

9.75%

1/8/2027

None (2)

Interest + Balloon of $1.0 million

None

1,020

1,020

None

Quick Service Restaurants

1

Tennessee

9.75%

1/30/2027

None (2)

Interest + Balloon of $1.2 million

None

1,224

1,224

None

Quick Service Restaurants

1

South Carolina

9.75%

12/5/2026

I/O

Balloon of $1.1 million

None

1,068

1,068

None

$

142,555

$

142,464

(1) I/O: Interest Only; P+I: Principal and Interest.

(2) Payments of both interest and principal are due at maturity.

The following table shows changes in carrying amounts of mortgage loans receivable, net for the periods presented (in thousands):

	Year Ended December 31,
	2025		2024		2023
Balance, beginning of year	$	139,409	$	114,472	$	46,378
Additions:
New mortgage loans receivable	37,597		29,722		72,399
Other: Increase in mortgage loans receivable in exchange for disposition of real estate	8,450		20,101		1,970
Other: Increase in existing mortgage loans receivable in exchange for settlement of existing mortgage loan	—		—		1,327
Capitalized loan origination costs and fees	168		(45)		145
Discount on new mortgage loans receivable	(340)		(334)		(155)
Amortization of discount	193		302		39
Deductions:
Collections of principal	(31,251)		(24,870)		(1,482)
Other: Reclassification to held for sale	(10,480)		—		—
Other: Mortgage loans receivable settled in exchange for acquisition of real estate	—		—		(4,673)
Other: Mortgage loans receivable settled in refinancing of existing mortgage loans receivable	—		—		(1,327)
Other: Provisions for impairment on mortgage loans receivable	(1,122)		—		—
Amortization of loan origination costs and fees	(160)		61		(149)
Balance, end of year	$	142,464	$	139,409	$	114,472

See report of independent registered public accounting firm.