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Nnn Reit Inc   (NNN)
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What are Nnn Reit Inc's Business Segments?



National Retail Properties Inc (NNN) is a real estate investment trust (REIT) that invests primarily in high-quality, single-tenant retail properties located in the United States. The company has a diversified portfolio of over 3,000 properties, which are leased to more than 400 tenants across 48 states.

Segments:
NNN operates primarily in one business segment, the acquisition, ownership and management of a diversified portfolio of retail properties leased to industry-leading tenants. Geographically, NNN categorizes its retail properties into six regions, including the East, Midwest, West, Southeast, South Central, and Mountain.

Products and Services:
The products and services offered by NNN mostly revolve around owning and leasing retail properties. NNN acquires and owns net-leased retail properties, meaning that the properties are leased by a single tenant who is responsible for all property-related expenses, including taxes, insurance, and maintenance. The properties range in size from 10,000 to 200,000 square feet and are leased to tenants in various industries, including convenience stores, drug stores, automotive parts, quick-service restaurants, and fitness centers.

NNN focuses on acquiring properties that are located in highly visible and accessible areas, with strong demographic characteristics that support rent growth and occupancy levels. NNN provides its tenants with long-term leases, typically between 10 to 20 years with contractual rent increases, providing them with a stable source of income.

NNN also provides asset management services to its tenants, which includes property maintenance, repair, and enhancement. Through its in-house leasing and management teams, NNN strives to maintain high occupancy rates and rent levels while minimizing property-related expenses.

In addition, NNN provides its investors with an attractive investment opportunity in the form of dividends. As a REIT, NNN is required to distribute at least 90% of its taxable income to its shareholders in the form of dividends. The company has a track record of consistently increasing its dividends, providing investors with a reliable source of income.

Overall, National Retail Properties Inc offers a solid investment opportunity with a diversified portfolio of high-quality retail properties leased to industry-leading tenants with long-term leases and strong rent escalations. The company's focus on asset management and tenant services ensures that the properties are well-maintained, leading to high occupancy rates and rent levels. By providing investors with an attractive dividend yield, NNN offers a compelling investment opportunity for income-oriented investors.
   

Nnn Reit Inc Tax Rate Companies within the Real Estate Investment Trusts Industry


Business Segments Q3
Revenues
(in millions $)
Q3
Income
(in millions $)
(Sep 30 2023)
%
(Profit Margin)
Total 205.13 106.79 52.06 %

Growth rates by Segment Q3
Y/Y Revenue
%
(Sep 30 2023)
Q/Q Revenue
%
Q3
Y/Y Income
%
(Sep 30 2023)
Q/Q Income
%
Total 6.03 % 1.23 % 20.77 % 8.19 %

To get more information on Nnn Reit Inc's Total segment. Select each division with the arrow.


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