<SEC-DOCUMENT>0001080657-14-000007.txt : 20140703
<SEC-HEADER>0001080657-14-000007.hdr.sgml : 20140703
<ACCEPTANCE-DATETIME>20140703162407
ACCESSION NUMBER:		0001080657-14-000007
CONFORMED SUBMISSION TYPE:	DEF 14A
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20140703
FILED AS OF DATE:		20140703
DATE AS OF CHANGE:		20140703
EFFECTIVENESS DATE:		20140703

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			NETREIT, INC.
		CENTRAL INDEX KEY:			0001080657
		STANDARD INDUSTRIAL CLASSIFICATION:	REAL ESTATE INVESTMENT TRUSTS [6798]
		IRS NUMBER:				330841255
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		DEF 14A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-53673
		FILM NUMBER:		14961021

	BUSINESS ADDRESS:	
		STREET 1:		1282 PACIFIC OAKS PLACE
		CITY:			ESCONDIDO
		STATE:			CA
		ZIP:			92029-2900
		BUSINESS PHONE:		760-471-8536

	MAIL ADDRESS:	
		STREET 1:		1282 PACIFIC OAKS PLACE
		CITY:			ESCONDIDO
		STATE:			CA
		ZIP:			92029-2900

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	NETREIT
		DATE OF NAME CHANGE:	19990225
</SEC-HEADER>
<DOCUMENT>
<TYPE>DEF 14A
<SEQUENCE>1
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<td style="WIDTH: 87%" valign="bottom" colspan="12">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; TEXT-ALIGN: center; MARGIN-LEFT: 0pt; DISPLAY: block; LINE-HEIGHT: 13.7pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">NetREIT, Inc.</div>
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<td style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 3%" valign="bottom">&#160; </td>
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<td style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 8%" valign="bottom">&#160; </td>
<td style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 8%" valign="bottom">&#160; </td>
<td style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 8%" valign="bottom">&#160; </td>
<td style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 8%" valign="bottom">&#160; </td>
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<tr bgcolor="#ffffff">
<td style="WIDTH: 87%" valign="bottom" colspan="12">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: center; MARGIN-LEFT: 0pt; DISPLAY: block; LINE-HEIGHT: 11.4pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">(Name of Registrant as Specified in Its Charter)</div>
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<td style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 3%" valign="bottom">&#160; </td>
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<tr bgcolor="#ffffff">
<td style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 3%" valign="bottom">&#160; </td>
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<td style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 8%" valign="bottom">&#160; </td>
<td style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 8%" valign="bottom">&#160; </td>
<td style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 8%" valign="bottom">&#160; </td>
<td style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 8%" valign="bottom">&#160; </td>
<td style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 8%" valign="bottom">&#160; </td>
<td style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 8%" valign="bottom">&#160; </td>
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<tr bgcolor="#ffffff">
<td style="WIDTH: 87%" valign="bottom" colspan="12">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: center; MARGIN-LEFT: 0pt; DISPLAY: block; LINE-HEIGHT: 11.4pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">(Name of Person(s) Filing Proxy Statement if other than the Registrant)</div>
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<td style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 3%" valign="bottom">&#160; </td>
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<td style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 8%" valign="bottom">&#160; </td>
<td style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 8%" valign="bottom">&#160; </td>
<td style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 8%" valign="bottom">&#160; </td>
<td style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 8%" valign="bottom">&#160; </td>
<td style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 8%" valign="bottom">&#160; </td>
<td style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 8%" valign="bottom">&#160; </td>
<td style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 8%" valign="bottom">&#160; </td>
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<tr bgcolor="#ffffff">
<td style="WIDTH: 55%" valign="bottom" colspan="8" align="left">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; LINE-HEIGHT: 11.4pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">Payment of Filing Fee (Check the appropriate box):</div>
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<td style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 8%" valign="bottom">&#160; </td>
<td style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 8%" valign="bottom">&#160; </td>
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<tr bgcolor="#ffffff">
<td style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 3%" valign="bottom">&#160; </td>
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<td style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 8%" valign="bottom">&#160; </td>
<td style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 8%" valign="bottom">&#160; </td>
<td style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 8%" valign="bottom">&#160; </td>
<td style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 8%" valign="bottom">&#160; </td>
<td style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 8%" valign="bottom">&#160; </td>
<td style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 8%" valign="bottom">&#160; </td>
<td style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 8%" valign="bottom">&#160; </td>
<td style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 8%" valign="bottom">&#160; </td>
<td style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 8%" valign="bottom">&#160; </td>
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<tr bgcolor="#ffffff">
<td style="WIDTH: 3%" valign="bottom" align="left">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; LINE-HEIGHT: 11.4pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">[x]</div>
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<td style="WIDTH: 52%" valign="bottom" colspan="7" align="left">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; LINE-HEIGHT: 11.4pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">No fee required.</div>
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<td style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 8%" valign="bottom">&#160; </td>
<td style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 8%" valign="bottom">&#160; </td>
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<td style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 8%" valign="bottom">&#160; </td>
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<tr bgcolor="#ffffff">
<td style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 3%" valign="bottom">&#160; </td>
<td style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 4%" valign="bottom">&#160; </td>
<td style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 8%" valign="bottom">&#160; </td>
<td style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 8%" valign="bottom">&#160; </td>
<td style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 8%" valign="bottom">&#160; </td>
<td style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 8%" valign="bottom">&#160; </td>
<td style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 8%" valign="bottom">&#160; </td>
<td style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 8%" valign="bottom">&#160; </td>
<td style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 8%" valign="bottom">&#160; </td>
<td style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 8%" valign="bottom">&#160; </td>
<td style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 8%" valign="bottom">&#160; </td>
<td style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 8%" valign="bottom">&#160; </td>
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<tr bgcolor="#ffffff">
<td style="WIDTH: 3%" valign="bottom" align="left">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; LINE-HEIGHT: 11.4pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">[&#160;&#160;]</div>
</td>
<td style="WIDTH: 76%" valign="bottom" colspan="10" align="left">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; LINE-HEIGHT: 11.4pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">No fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11.</div>
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<td style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 8%" valign="bottom">&#160; </td>
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<tr bgcolor="#ffffff">
<td style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 3%" valign="bottom">&#160; </td>
<td style="WIDTH: 4%" valign="bottom">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: center; MARGIN-LEFT: 0pt; DISPLAY: block; LINE-HEIGHT: 11.4pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">(1)</div>
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<td style="WIDTH: 48%" valign="bottom" colspan="6" align="left">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; LINE-HEIGHT: 11.4pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">Title of each class of securities to which transaction applies:</div>
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<td style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 8%" valign="bottom">&#160; </td>
<td style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 8%" valign="bottom">&#160; </td>
<td style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 8%" valign="bottom">&#160; </td>
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<tr bgcolor="#ffffff">
<td style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 3%" valign="bottom">&#160; </td>
<td style="WIDTH: 4%" valign="bottom">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: center; MARGIN-LEFT: 0pt; DISPLAY: block; LINE-HEIGHT: 11.4pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">(2)</div>
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<td style="WIDTH: 48%" valign="bottom" colspan="6" align="left">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; LINE-HEIGHT: 11.4pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">Aggregate number of securities to which transaction applies:</div>
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<td style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 8%" valign="bottom">&#160; </td>
<td style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 8%" valign="bottom">&#160; </td>
<td style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 8%" valign="bottom">&#160; </td>
<td style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 8%" valign="bottom">&#160; </td>
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<tr bgcolor="#ffffff">
<td style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 3%" valign="bottom">&#160; </td>
<td style="WIDTH: 4%" valign="bottom">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: center; MARGIN-LEFT: 0pt; DISPLAY: block; LINE-HEIGHT: 11.4pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">(3)</div>
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<td style="WIDTH: 72%" valign="bottom" colspan="9" align="left">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; LINE-HEIGHT: 11.4pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (set</div>
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<td style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 8%" valign="bottom">&#160; </td>
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<tr bgcolor="#ffffff">
<td style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 3%" valign="bottom">&#160; </td>
<td style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 4%" valign="bottom">&#160; </td>
<td style="WIDTH: 72%" valign="bottom" colspan="9" align="left">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; LINE-HEIGHT: 11.4pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">forth the amount on which the filing fee is calculated and state how it was determined):</div>
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<tr bgcolor="#ffffff">
<td style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 3%" valign="bottom">&#160; </td>
<td style="WIDTH: 4%" valign="bottom">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: center; MARGIN-LEFT: 0pt; DISPLAY: block; LINE-HEIGHT: 11.4pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">(4)</div>
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<td style="WIDTH: 72%" valign="bottom" colspan="9" align="left">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; LINE-HEIGHT: 11.4pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">Proposed maximum aggregate value of transaction:</div>
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<tr bgcolor="#ffffff">
<td style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 3%" valign="bottom">&#160; </td>
<td style="WIDTH: 4%" valign="bottom">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: center; MARGIN-LEFT: 0pt; DISPLAY: block; LINE-HEIGHT: 11.4pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">(5)</div>
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<td style="WIDTH: 56%" valign="bottom" colspan="7" align="left">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; LINE-HEIGHT: 11.4pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">Total fee paid:</div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif; COLOR: #231f20; TEXT-ALIGN: justify; MARGIN-LEFT: 5pt; MARGIN-TOP: 1.45pt; MARGIN-RIGHT: 396.75pt">June 30, 2014</div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif; COLOR: #231f20; TEXT-ALIGN: justify; MARGIN-LEFT: 5pt; MARGIN-RIGHT: 372.25pt">Dear Stockholder<font style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif">,</font></div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif; COLOR: #231f20; TEXT-ALIGN: justify; MARGIN-LEFT: 5pt; MARGIN-RIGHT: 2.85pt">Thank you for voting or authorizing a proxy to vote your shares at the Annual Stockholders Meeting of NetREIT<font style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif">,</font> Inc<font style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif">.</font> originally convened on June 30, 2014<font style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif">.</font> Although over 97% of the votes that have been received to date have been cast in favor of all submitted proposals, unfortunately<font style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif">,</font> a quorum was not present at the time of the Annual Meeting on June 30, 2014<font style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif">.</font></div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif; COLOR: #231f20; TEXT-ALIGN: justify; MARGIN-LEFT: 5pt; MARGIN-RIGHT: 2.6pt">Thus at the originally scheduled June 30, 2014 meeting<font style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif">,</font> the proxy holders voted on and approved a proposal to adjourn the meeting to August 8, 2014 at 9:00 a.m., in order to provide stockholders who had not voted with additional time to vote.</div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif; FONT-WEIGHT: bold; COLOR: #231f20; TEXT-ALIGN: justify; MARGIN-LEFT: 5pt; MARGIN-RIGHT: 2.65pt">Since our records reflect that you have already voted, there is nothing else for you to do in advance of the August 8, 2014 Annual Stockholders Meeting<font style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif">.</font> However, a previously submitted proxy may be revoked at any time before it is voted at the Annual Meeting by (i) delivering a proxy revocation or other duly executed proxy bearing a later date to the Corporate Secretary of NetREIT, Inc., (ii) by attending the Annual Meeting and voting in person or<font style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif">,</font> (iii) by authorizing a proxy to vote via the Internet or by telephone as instructed.</div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif; COLOR: #231f20; TEXT-ALIGN: justify; MARGIN-LEFT: 5pt; MARGIN-RIGHT: 2.7pt">We want to thank you again for voting and for your continued investment in NetREIT<font style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif">,</font> Inc. A copy of the Notice of Stockholders Meeting is enclosed with this letter in accordance with Maryland law<font style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif">.</font></div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif; COLOR: #231f20; TEXT-ALIGN: justify; MARGIN-LEFT: 5pt; MARGIN-RIGHT: 418.75pt">Sincerely<font style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif">,</font></div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif; COLOR: #231f20; TEXT-ALIGN: justify; MARGIN-LEFT: 5pt; MARGIN-RIGHT: 381.5pt">Jack K<font style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif">.</font> Heilbron</div>

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<div style="MARGIN-BOTTOM: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif; TEXT-ALIGN: left">June 30, 2014</div>

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<div style="MARGIN-BOTTOM: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif; TEXT-ALIGN: left">Dear Stockholder,</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif; TEXT-ALIGN: justify">Please be advised that a quorum was not present at the Annual Stockholders Meeting of NetREIT, Inc. originally convened on June 30, 2014. Although over 97% of the votes that have been received to date have been cast in favor of all submitted proposals, without a quorum, we were unable to hold the Annual Meeting as originally scheduled.</div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif; TEXT-ALIGN: justify">At the originally scheduled June 30, 2014 meeting, the proxy holders voted on and approved a proposal to adjourn the meeting to August 8, 2014, in order to provide stockholders who had not voted with additional time to vote. Unfortunately, rescheduling the Annual Stockholders Meeting will require that we spend additional funds to notify our stockholders and allow additional time to vote via Internet and telephone. Therefore, it is imperative that we receive your vote.</div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif; TEXT-ALIGN: justify">According to our records, <font style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif"><u>your vote has not been received</u></font>.&#160; Regardless of how many shares you own, your vote is extremely important and your shares cannot be voted unless you give your specific instructions. We understand that there was some confusion with our prior mailing regarding telephone and internet voting.&#160; We ask that you please take a moment to authorize a proxy to vote today by following the telephone instructions at 1-800-690-6903 or the Internet instructions at <font style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif"><u>www.proxyvote.com</u></font> which are also contained with this notice, or by signing and returning the enclosed proxy card in the enclosed envelope.</div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif; TEXT-ALIGN: justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif; COLOR: #231f20">A</font><font style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif; COLOR: #231f20">&#160;</font><font style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif; COLOR: #231f20">cop</font><font style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif; COLOR: #231f20">y</font><font style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif; COLOR: #231f20">&#160;</font><font style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif; COLOR: #231f20">o</font><font style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif; COLOR: #231f20">f</font><font style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif; COLOR: #231f20">&#160;</font><font style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif; 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COLOR: #231f20">tockholder</font><font style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif; COLOR: #231f20">s</font><font style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif; COLOR: #231f20">&#160;</font><font style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif; COLOR: #231f20">Meetin</font><font style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif; COLOR: #231f20">g</font><font style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif; COLOR: #231f20">&#160;</font><font style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif; COLOR: #231f20">i</font><font style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif; COLOR: #231f20">s</font><font style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif; COLOR: #231f20">&#160;</font><font style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif; COLOR: #231f20">enclose</font><font style="FONT-SIZE: 10pt; 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<div style="MARGIN-BOTTOM: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif; TEXT-ALIGN: left">Sincerely,</div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif; TEXT-ALIGN: left">Jack K. Heilbron,</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif; TEXT-ALIGN: left">President &amp; CEO</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif; TEXT-ALIGN: left">NetREIT, Inc</div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif; TEXT-ALIGN: left; MARGIN-LEFT: 6pt; MARGIN-TOP: 4.15pt"><font style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif; COLOR: #000000">&#160;&#160;&#160;&#160; </font><font style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif; FONT-WEIGHT: bold; COLOR: #363435">NETREI</font><font style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif; FONT-WEIGHT: bold; COLOR: #363435">T</font><font style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif; FONT-WEIGHT: bold; COLOR: #363435">,</font><font style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif; FONT-WEIGHT: bold; COLOR: #363435">&#160;</font><font style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif; FONT-WEIGHT: bold; COLOR: #363435">IN</font><font style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif; FONT-WEIGHT: bold; COLOR: #363435">C</font><font style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif; FONT-WEIGHT: bold; COLOR: #363435">.</font></div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif; COLOR: #363435; FONT-STYLE: italic; TEXT-ALIGN: left; MARGIN-LEFT: 5.8pt">NETREIT, INC.</div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif; COLOR: #363435; TEXT-ALIGN: justify; MARGIN-LEFT: 3.6pt; MARGIN-TOP: 1.75pt; MARGIN-RIGHT: 137.1pt"><font style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif; FONT-WEIGHT: bold">Location: </font><font style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif; FONT-WEIGHT: bold">&#160;</font>NetREIT<font style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif">,</font> Inc<font style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif">.</font></div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif; COLOR: #363435; TEXT-ALIGN: justify; MARGIN-RIGHT: 3.1pt">You are receiving this communication because you hold shares in the company named above<font style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif">.</font></div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif; COLOR: #363435; TEXT-ALIGN: justify; MARGIN-RIGHT: 3.1pt">This communication presents only an overview of the more complete proxy materials that are available to you on the Internet<font style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif">.</font> You may view the proxy materials online at www.proxyvote.com or easily request a paper copy (see reverse side).</div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif; COLOR: #363435; TEXT-ALIGN: justify; MARGIN-RIGHT: 3.15pt">We encourage you to access and review all of the important information contained in the proxy materials before voting.</div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif; COLOR: #363435; TEXT-ALIGN: justify; MARGIN-LEFT: 5.2pt; MARGIN-RIGHT: 2.6pt"><font style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif; FONT-WEIGHT: bold">Vote</font><font style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif; FONT-WEIGHT: bold">&#160;</font><font style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif; FONT-WEIGHT: bold">In</font><font style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif; FONT-WEIGHT: bold">&#160;</font><font style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif; FONT-WEIGHT: bold">Person: </font><font style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif; FONT-WEIGHT: bold">&#160;</font>Many stockholder meetings have attendance requirements including, but not limited to, the possession of an attendance ticket issued by the entity holding the meeting. Please check the meeting materials for any special requirements for meeting attendance. At the meeting, you will need to request a ballot to vote these shares. <font style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif; FONT-WEIGHT: bold">Vot</font><font style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif; FONT-WEIGHT: bold">e</font><font style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif; FONT-WEIGHT: bold">&#160;</font><font style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif; FONT-WEIGHT: bold">B</font><font style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif; FONT-WEIGHT: bold">y</font><font style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif; FONT-WEIGHT: bold">&#160;</font><font style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif; FONT-WEIGHT: bold">Internet</font><font style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif; FONT-WEIGHT: bold">:</font><font style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif; FONT-WEIGHT: bold">&#160;</font>To vote now by Internet<font style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif">,</font> go to <font style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif; FONT-STYLE: italic">www.proxyvote.com</font><font style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif; FONT-STYLE: italic">.</font><font style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif; FONT-STYLE: italic">&#160;</font>Have the information that is printed in the box marked by the arrow<font style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif">XXXX</font><font style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif">&#160;</font><font style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif">XXXX</font><font style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif">&#160;</font><font style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif">XXXX</font><font style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif">&#160;</font>(located on the following page) available and follow the instructions. <font style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif; FONT-WEIGHT: bold">Vote</font><font style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif; FONT-WEIGHT: bold">&#160;</font><font style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif; FONT-WEIGHT: bold">By</font><font style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif; FONT-WEIGHT: bold">&#160;</font><font style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif; FONT-WEIGHT: bold">Telephone:</font><font style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif; FONT-WEIGHT: bold">&#160;</font>To vote now by telephone, call <font style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif; FONT-STYLE: italic">1-800-690-6903.</font><font style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif; FONT-STYLE: italic">&#160;</font>Use any touch-tone telephone to transmit your voting instructions. Have your proxy card in hand when you call and follow the instructions.</div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif; FONT-WEIGHT: bold; COLOR: #363435; TEXT-ALIGN: left; MARGIN-LEFT: 5pt">FOR the following:</div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif; COLOR: #363435; TEXT-ALIGN: left; MARGIN-LEFT: 23pt">01)&#160;&#160; William H. Allen</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif; COLOR: #363435; TEXT-ALIGN: left; MARGIN-LEFT: 23pt">02)&#160;&#160; David T. Bruen</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif; COLOR: #363435; TEXT-ALIGN: left; MARGIN-LEFT: 23pt">03)&#160;&#160; Shirley Y. Bullard</div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif; COLOR: #363435; TEXT-ALIGN: left; MARGIN-LEFT: 23pt">05)&#160;&#160; Kenneth W<font style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif">.</font> Elsberry</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif; COLOR: #363435; TEXT-ALIGN: left; MARGIN-LEFT: 23pt">06)&#160;&#160; Jack K. Heilbron</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif; COLOR: #363435; TEXT-ALIGN: left; MARGIN-LEFT: 23pt">07)&#160;&#160; Sumner J. Rollings</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif; COLOR: #363435; TEXT-ALIGN: left; MARGIN-LEFT: 23pt"><font style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif">08)&#160;&#160; </font><font style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif">&#160;</font><font style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif">Thomas E. Schwartz</font></div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif; FONT-WEIGHT: bold; COLOR: #363435; TEXT-ALIGN: left; MARGIN-LEFT: 5pt">The Board of Directors recommends you vote FOR proposal 2.</div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif; COLOR: #363435; TEXT-ALIGN: justify; MARGIN-LEFT: 5pt; MARGIN-RIGHT: 3.4pt">The undersigned stockholder of NetREIT<font style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif">,</font> Inc., a Maryland corporation, hereby acknowledges receipt of the Notice of 2014 Annual Meeting of Stockholders and Proxy Statement, the terms of each of which are incorporated by reference, for the Annual Meeting of Stockholders to be held on Friday<font style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif">,</font> August 8, 2014 at 9:00 a.m., Pacific Daylight Time, at 1282 Pacific Oaks Place, Escondido, California 92029, telephone (760) 471-8536, and hereby appoints Jack K. Heilbron and Kenneth W<font style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif">.</font> Elsberry<font style="FONT-SIZE: 10pt; FONT-FAMILY: ''Times New Roman'', Times, serif">,</font> and each of them, as proxies and attorneys-in-fact, with full power to each of substitution, on behalf and in the name of the undersigned, to represent the undersigned at said Annual meeting and at any postponement or adjournment thereof, and to cast all votes that the undersigned would be entitled to cast if then and there personally present, on the matters set forth on the reverse side.</div>

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