2 Under-The-Radar Net Lease REITs That Are Poised To Profit

Jun. 14, 2025 7:00 AM ETFVR, MDV36 Comments
(14min)

Summary

  • Net lease REITs offer strong long-term returns and unique opportunities for value investors, despite recent underperformance versus other property sectors.
  • FrontView REIT stands out for its tenant diversification, transparency, and attractive valuation; I rate it a Strong Buy with 40-50% potential upside.
  • Modiv Industrial offers high-yield and monthly dividends, but carries higher risk due to leverage and tenant concentration; I also rate it a speculative Strong Buy.
  • Both picks are small-cap and riskier, so prudent diversification is essential for investors seeking strong returns in the net lease REIT space.
  • Looking for more investing ideas like this one? Get them exclusively at iREIT®+HOYA Capital. Learn More »

Technology background image, concept, graph, business, finance, analysis, marketing and profit

Donny DBM

A few days ago, I wrote an article titled "Nothing But Net (Lease REITs)" in which I highlighted a few of my favorite freestanding REITs based on their "wide moat" advantages.

As you can see, Agree Realty (ADC), Essential

Introducing iREIT®

Join iREIT® on Alpha today to get the most in-depth research that includes REITs, mREIT, Preferreds, BDCs, MLPs, ETFs, Builders, and Asset Managers. Our iREIT® Tracker provides data on over 250 tickers with our quality scores, buy targets, and trim targets.

We recently added an all-new Ratings Tracker called iREIT Buy Zone to help members screen for value. Nothing to lose with our FREE 2-week trial.

A blue background with white text Description automatically generated

And this offer includes a 2-Week FREE TRIAL plus my FREE book.

This article was written by

119.52K Followers

Brad Thomas has over 30 years of real estate investing experience and has acquired, developed, or brokered over $1B in commercial real estate transactions. He has been featured in Barron's, Bloomberg, Fox Business, and many other media outlets. He's the author of four books, including the latest, REITs For Dummies.

Brad, along with HOYA Capital, lead the investing group iREIT®+HOYA Capital. The service covers REITs, BDCs, MLPs, Preferreds, and other income-oriented alternatives. The team of analysts has a combined 100+ years of experience and includes a former hedge fund manager, due diligence officer, portfolio manager, PhD, military veteran, and advisor to a former U.S. President.

Note: Brad is also related to Nicholas Thomas who contributes to Seeking Alpha.

Learn more

Analyst’s Disclosure:I/we have a beneficial long position in the shares of O, ADC, VICI, NNN, IRET either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Recommended For You

Related Stocks

SymbolLast Price% Chg
FVR--
FrontView REIT, Inc.
MDV--
Modiv Industrial, Inc.

Related Analysis