Modiv Industrial : Investor Presentation - September 2023
September 21, 2023 at 07:43 pm IST
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INVESTOR
PRESENTATION
September 2023
DISCLOSURE - IMPORTANT INFORMATION
Information set forth herein contains forward-looking statements, which reflect our current views regarding our business, financial performance, growth prospects and strategies, market opportunities, and market trends. Forward-looking statements include all statements that are not historical facts. In some cases, you can identify these forward-looking statements by the use of words such as "outlook," "believes," "expects," "potential," "continues," "may," "will," "should," "could," "seeks," "approximately," "projects," "predicts," "intends," "plans," "estimates," "anticipates," or the negative version of these words or other comparable words. All of the forward-looking statements herein are subject to various risks and uncertainties. Assumptions relating to the foregoing involve judgments with respect to, among other things, future economic, competitive and market conditions, and future business decisions, all of which are difficult or impossible to predict accurately and many of which are beyond our control. Although we believe that the expectations reflected in such forward-looking statements are based on reasonable assumptions, our actual results, performance, and achievements could differ materially from those expressed in or by the forward-looking statements and may be affected by a variety of risks and other factors. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from such forward-looking statements. These factors include, but are not limited to, increases in the rate of inflation and interest rates, general economic conditions, local real estate conditions, tenant financial health, property acquisitions and dispositions and the timing of any acquisitions and dispositions, risks and uncertainties related to the COVID-19 pandemic and its related impacts on us and our tenants, supply-chain disruptions and impacts of the Russian war against Ukraine. These and other risks, assumptions, and uncertainties are described in our filings with the SEC, which are available on the SEC's website at www.sec.gov. You are cautioned not to place undue reliance on any forward-looking statements included herein. All forward-looking statements are made as of the date of this document and the risk that actual results, performance, and achievements will differ materially from the expectations expressed or referenced herein will increase with the passage of time. We undertake no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments, or otherwise, except as required by law.
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WHY OWN MODIV INDUSTRIAL?
Focused Net Lease Manufacturing Strategy
Significant Upside Potential
Experienced Leadership with Proven Execution
Attractive Industrial Real Estate Portfolio
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FOCUSED NET LEASE MANUFACTURING STRATEGY
American Made, American Employed
Modiv Industrial buys U.S. manufacturing properties leased to long-term tenants that produce critical components and pay countless employees
Necessity Based - Where Things Are Made
Unlike most net lease REITs that are dependent upon the whims of the consumer, Modiv Industrial derives its strength from the nation's infrastructure
Supply Chain Security & Onshoring
Following the COVID-19 Pandemic and the war in Ukraine, the U.S. has experienced a strategic shift toward onshoring (or reshoring) manufacturing capabilities to ensure supply chain security
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SIGNIFICANT UPSIDE POTENTIAL
Compelling Small Cap Growth Profile
As a small cap REIT, each acquisition materially increases Modiv's revenue compared to large cap REITs that are forced to buy billions of real estate each year for the same effect
Modiv can quadruple in size and still benefit from the ability to move the needle from the denominator effect
Attractive Valuation Opportunity
Modiv currently trades at substantial double-digit discounts to independently appraised value as well as GAAP book value
This temporary discount results in a compelling dividend yield and meaningful share price appreciation potential
Long Duration Assets with Compound Rental Growth
With a weighted average lease term of over 14 years, Modiv has one of the longest duration portfolios amongst REITs
Our ~2.5% of average annual rental increases provide contractual growth
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Disclaimer
Modiv Inc. published this content on 21 September 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 September 2023 14:12:04 UTC.
Modiv Industrial, Inc. is an internally managed real estate investment trust (REIT), which is focused on single-tenant net-lease industrial manufacturing real estate. The Company acquires critical industrial manufacturing properties with long-term leases to tenants that fuel the national economy and strengthen the nation's supply chain. The Company also owns non-core, legacy retail and office real estate properties. It seeks to provide investors with access to monthly dividends through a durable portfolio of real estate investments designed to generate both current income and long-term growth. Its real estate investment portfolio consisted of 44 properties, including two properties held for sale. Its portfolio is distributed across 16 states and consists of 39 industrial properties, one retail property and four office properties.