The Power of Consistency is
Profound
NNN REIT, Inc. (NYSE: NNN) today announced Q2 2025 results. Core FFO was $0.84/share and AFFO was $0.85/share. Closed on $232.5 million of investments at an initial cash cap rate of 7.4% with a weighted average lease term of 17.8 years. Acquisition guidance for 2025 was increased to a range of $600-$700 million. Pro forma for the 2031 Notes, the Company had a sector leading weighted average debt maturity of 11.0 years, no encumbered assets, no floating rate debt and $1.4 billion of total available liquidity. NNN’s 3.4% increase in the third quarter 2025 quarterly dividend to $0.60 per share marked the Company's 36th consecutive annual dividend increase. Read More
1 Year | 5 Years | 10 Years | 15 Years | 20 Years | 25 Years | 30 Years | |
---|---|---|---|---|---|---|---|
NNN REIT | 7.0% | 9. 6% | 7.0% | 10.0% | 9.5% | 12.3% | 11.0% |
Indices | |||||||
* NAREIT Equity REIT Index (FNERTR) | 9.2% | 6.7% | 6.6% | 9.1% | 6.8% | 9.4% | 9.4% |
* Morgan Stanley REIT Index (RMS G) | 8.9% | 8.6% | 6.3% | 8.9% | 6.6% | 9.2% | 9.3% |
S&P 500 Index (SPX) | 15.1% | 16.6% | 13.6% | 14.8% | 10.7% | 8.0% | 10.5% |
* S&P 400 Index (MID) | 7.5% | 13.4% | 9.2% | 12.0% | 9.5% | 9.3% | 11.2% |
For Periods Ending June 30, 2025. Total Return comprised of stock price appreciation plus dividends paid.
* NNN is a member of this index. Source: Bloomberg
NNN REIT shareholders have enjoyed a 30-year average annual total return of 11.3% and we have increased our annual dividend for 36 consecutive years, the third longest track record of all REITs. Read More
Our portfolio is 98.0% occupied and we own 3,663 properties across 50 states leased to approximately 400 tenants in 37 different lines of trade. Read More
Our portfolio is 98.0% occupied and we own 3,663 properties across 50 states leased to approximately 400 tenants in 37 different lines of trade. Read More
Our portfolio is 98.0% occupied and we own 3,663 properties across 50 states leased to approximately 400 tenants in 37 different lines of trade. Read More
Our portfolio is 98.0% occupied and we own 3,663 properties across 50 states leased to approximately 400 tenants in 37 different lines of trade. Read More
Our portfolio is 98.0% occupied and we own 3,663 properties across 50 states leased to approximately 400 tenants in 37 different lines of trade. Read More
Our portfolio is 98.0% occupied and we own 3,663 properties across 50 states leased to approximately 400 tenants in 37 different lines of trade. Read More
As a nationwide property owner, our Company recognizes the importance of environmental and community stewardship. This commitment is reflected in our actions both at our headquarters and across our properties. Learn More
© 2025 NNN REIT, Inc.
450 S. Orange Ave., Ste. 900,
Orlando,
FL 32801
1-800-NNN-REIT (1-800-666-7348)