---
schema_version: "secwatch.filing_event.v1"
accession: "0001424182-25-000054"
form_type: "8-K"
ticker: "BNL"
cik: "0001424182"
company_name: "Broadstone Net Lease, Inc."
filed_at: "2025-12-01T23:59:59+00:00"
generated_at: "2026-05-16T15:52:08.320654+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Broadstone Net Lease issues 2026 AFFO guidance of $1.53-$1.57; maintains 2025 outlook

## Summary
- Year-to-date invested $696.7M, including $416.6M acquisitions and $181.8M build-to-suit.
- 2025 AFFO guidance reaffirmed at $1.49-$1.50 per share (4.2%-4.9% growth).
- 2026 AFFO guidance of $1.53-$1.57 per diluted share (~4% growth at midpoint).
- Plans $500M-$625M in real estate investments and $75M-$100M dispositions in 2026.
- Forward sold 621,487 shares for ~$11.4M under ATM program; settlement optional until Dec 2026.

## SEC filing metadata
- accession: 0001424182-25-000054
- form_type: 8-K
- ticker: BNL
- cik: 0001424182
- company_name: Broadstone Net Lease, Inc.
- filed_at: 2025-12-01T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1424182/000142418225000054/0001424182-25-000054-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1424182/000142418225000054/bnl-20251201.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001424182-25-000054
- JSON: https://secwatch.observer/filing/0001424182-25-000054.json
- Plain text: https://secwatch.observer/filing/0001424182-25-000054.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.