Broadstone Net Lease (BNL) Land & Improvements (2017 - 2025)

Broadstone Net Lease (BNL) has reported Land & Improvements for 9 consecutive years, with $781.1 million the latest figure, recorded in Q4 2025.

• In Q4 2025, Land & Improvements changed 0.29% year-over-year to $781.1 million; the TTM figure through Dec 2025 stood at $781.1 million (changed 0.29% YoY), while the FY2025 annual figure was $781.1 million, changed 0.29% from the prior year.
• Land & Improvements was little changed at $781.1 million in Q4 2025 per BNL's latest filing, from $778.8 million in the prior quarter.
• Across five years, Land & Improvements topped out at $781.1 million in Q4 2025 and bottomed at $655.4 million in Q4 2021.
• Historically, Land & Improvements has averaged $750.0 million across 5 years, with a median of $768.7 million in 2022.
• Annual changes were most pronounced in 2021 — Land & Improvements grew 17.93% — and 2023, when it retreated 0.37%.
• Broadstone Net Lease's Land & Improvements stood at $655.4 million in 2021, then increased by 17.29% to $768.7 million in 2022, then declined by 0.37% to $765.8 million in 2023, then climbed by 1.7% to $778.8 million in 2024, then climbed by 0.29% to $781.1 million in 2025.
• Business Quant data shows BNL's Land & Improvements at $781.1 million in Q4 2025, $778.8 million in Q4 2024, and $765.8 million in Q4 2023.