Overview
Description
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.
About
CEO
Mr. Stephen A. Horn Jr.
Employees
83
Address
450 South Orange Avenue
Suite 900
Orlando, 32801-9803, FL
United States
Suite 900
Orlando, 32801-9803, FL
United States
Phone
407 265 7348
Website
Instrument type
REIT
Sector
Real Estate
Industry
REIT - Retail
Country
United States
MIC code
XNYS