Postal Realty Trust’s Q1 2026 update underscores its ongoing strategy of acquiring USPS-leased properties from related parties, strengthening its portfolio with a recent $11.5 million acquisition approved by independent directors. The company’s modified double-net lease structure with USPS tenants supports stable cash flow, reflected in portfolio occupancy near 99.8%. However, reliance on USPS’s financial health and operational shifts remains a key risk. Recent capital structure refinements provide flexibility for further growth, but future cash flow stability hinges on lease renewals and USPS’s viability.