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NNN

42.5 USD
0.25
0.59%
Last update Jun 10, 3:59 PM EDT
Post-market
Day range
42.30000
42.66000
Previous close
42.25
Open
42.30000
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NNN REIT Inc.
42.50
0.25
0.59%

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
Phone
407 265 7348
Website
Instrument type
REIT
Sector
Real Estate
Industry
REIT - Retail
Country
United States
MIC code
XNYS
Post-market

Exchange is currently open for post-market.
Post market session closes in 1 hour 3 minutes

18:57
00:00
09:30
16:00
23:59

Trading Hours (Monday - Friday):

Pre-market
04:00 - 09:30
Main market
09:30 - 16:00
Post-market
16:00 - 20:00
All times are displayed in the America/New_York timezone (EDT, UTC-04:00).