Building Wealth Through Net Lease Real Estate with Todd Stender
Get the full intelligence
Search transcripts, export clips, track mentions, and explore all topics from “Building Wealth Through Net Lease Real Estate with Todd Stender” inside PodZeus.
In this episode of Mission Matters Business Podcast, host Adam Torres welcomes Todd Stender, Managing Director at LNL Capital, to discuss building wealth through net lease real estate investing. Todd shares his journey from landscaping family homes in New Jersey at age 10 to becoming a Wall Street equity analyst covering REITs post-GFC, where he gained deep insight into commercial real estate dynamics. He highlights the stability and predictability of triple net lease properties—long-term leases where tenants cover taxes, insurance, and maintenance—making them ideal for passive income and inflation protection. LNL Capital specializes in private credit within this niche, providing construction and mezzanine financing to developers building properties like fast-food drive-throughs, 7-Elevens, and convenience stores. Todd emphasizes the firm’s geographic agnosticism across all 50 U.S. states, with growing interest from institutional investors, high net worth individuals, and international capital, particularly from Brazil and Canada. He also discusses the current market environment, noting gradual improvements in interest rates and increasing visibility for the firm through conferences and media coverage. The episode underscores net lease real estate as a strategic alternative asset class for investors seeking stability, tax efficiency, and inflation-resilient returns. Todd explains how these assets fit into a diversified portfolio—particularly appealing as a counterbalance to volatile stocks and bonds—especially for those with long-term liabilities like pension funds and insurance companies. He encourages accredited investors to explore this under-the-radar opportunity, noting the vast number of everyday properties people pass by daily that are leased, not owned, by major national brands. The conversation closes with practical next steps: connecting via email (todd.stender@lnlcapital.com) or visiting LNLCAPCAP.com, with show notes providing direct links. Overall, the episode offers a compelling case for net lease real estate as a reliable, scalable path to wealth building.
Net lease real estate offers predictable, long-term income with tenants covering operating expenses like taxes, insurance, and maintenance.
Triple net leases typically span 15+ years with annual or periodic rent increases, providing inflation protection and stable cash flow.
LNL Capital focuses on private credit in net lease real estate, financing developers of properties like fast-food drive-throughs, 7-Elevens, and convenience stores.
This asset class is ideal for institutional investors and high net worth individuals seeking stable, tax-efficient returns outside traditional stocks and bonds.
Geographic diversification is not a constraint—LNL Capital invests across all 50 U.S. states, with growing interest from international investors.
…and 3 more takeaways available in PodZeus
Introduction and Guest Welcome
Adam Torres introduces the episode and welcomes Todd Stender, Managing Director at LNL Capital, setting the stage for a discussion on net lease real estate investing.
Todd's Early Real Estate Roots and Wall Street Journey
Todd shares his childhood experience as a young landscaper and painter for his father’s rental homes in New Jersey, then transitions into his Wall Street career as an equity analyst covering REITs post-GFC, gaining deep exposure to commercial real estate dynamics.
The Rise of REITs and Market Recovery Post-2008
Todd reflects on the challenging but formative years of 2009–2013, covering REITs during the recovery from the global financial crisis, including IPO due diligence and the gradual return of investor confidence as interest rates remained low.
LNL Capital and the Net Lease Real Estate Niche
“You've got this 15 year lease, your tenant is in place, you know what the rent's going to be for the next 15 years. Rent goes up definitely most often annually, sometimes every five years. So you'll probably get either 2% every year or 10% every five years.”
Why Net Lease Fits in Investor Portfolios
Todd discusses how net lease real estate serves as a stable, tax-efficient alternative asset class, offering inflation protection and predictable income, making it ideal for institutions and high net worth individuals seeking diversification beyond stocks and bonds.
“You've got this 15 year lease, your tenant is in place, you know what the rent's going to be for the next 15 years. Rent goes up definitely most often annually, sometimes every five years. So you'll probably get either 2% every year or 10% every five years.”
“I love that unique opportunity set. You know, I think multifamily is a very crowded space. I think there's a lot of investors chasing multifamily, but maybe not so many in that lease.”
“There's a huge opportunity in the U.S. to consolidate this real estate because there are so many properties that you and I and everyone listening drives by every day.”
Host
Guest
Todd Stender
person
LNL Capital
organization
Adam Torres
person
REITs
other
Triple Net Lease
other
Florida
other
Wall Street
place
Mission Matters Business Podcast
media
Texas
other
Brazil
place
Turning Philanthropy Into Meaningful Impact with Lisa Morris
Mission Matters Business Podcast with Adam Torres • 15m • 3/31/2026
Using AI and Community to Combat Loneliness with Joe Martin
Mission Matters Business Podcast with Adam Torres • 15m • 3/31/2026
What Founders Should Know About Financial Distress & Exit Options
Mission Matters Business Podcast with Adam Torres • 20m • 4/1/2026
Making Gene Therapy for Blindness Accessible with Dr. Alex Levin
Mission Matters Business Podcast with Adam Torres • 15m • 4/1/2026
Building a Biotech Investing Edge with Evan Markegard
Mission Matters Business Podcast with Adam Torres • 17m • 4/4/2026
Get the full intelligence
Search transcripts, export clips, track mentions, and explore all topics from “Building Wealth Through Net Lease Real Estate with Todd Stender” inside PodZeus.
Start discovering podcast insights today
Start with a 7-day trial and explore a growing catalog of popular podcasts. No credit card required.
No credit card required • 7-day trial • Cancel anytime