Profile
Company Overview
NNN REIT Inc. is a real estate investment trust (REIT) specializing in acquiring and managing retail properties.
The primary function of NNN REIT is to provide investors with consistent income through strategic investments in a diversified portfolio of commercial real estate, typically involving long-term, net-leased retail properties.
The significant characteristic of these leases is the "triple-net" structure, where tenants are responsible for property taxes, insurance, and maintenance costs, reducing the financial burden on the REIT and enhancing income stability.
NNN REIT operates across multiple retail sectors, representing a wide array of industries including automotive, convenience stores, and specialty retail, among others.
This diversification helps mitigate sector-specific risks and contributes to steady dividend payouts.
Based in Orlando, Florida, NNN REIT plays a crucial role in the financial markets by offering a robust investment option for those seeking exposure to the real estate sector without direct property management responsibilities.
By targeting high-quality properties with creditworthy tenants, NNN REIT maintains a resilient position within the commercial real estate domain.
Website: https://www.nnnreit.com
Company Details
- Sector
- Real Estate
- Industry
- REIT - Retail
- Country
- United States
- Employees
- 83