NNN REIT Inc (NYSE: NNN) is a real estate investment trust that acquires, owns, and manages single-tenant retail properties net-leased to commercial tenants across the United States. The company makes money by collecting rent under long-term triple-net leases, in which tenants bear responsibility for property taxes, insurance, and maintenance costs, leaving NNN with relatively predictable net income. The filing excerpts provided do not contain sufficient operational detail to state property counts, tenant names, segment revenue figures, founding year, current CEO, or competitive positioning with specificity. Based solely on the available excerpts from the 10-K filed 2026-02-11 (accession 000119312526045617), NNN qualifies as a well-known seasoned issuer and files reports under Section 13 or 15(d) of the Securities Exchange Act. Further financial and operational specifics are not supported by the extracted text and are therefore omitted.

Revenue model

Long-term triple-net lease rental income from single-tenant commercial properties, where tenants cover operating expenses.

Products and services

Single-tenant retail properties held under triple-net lease structures.

Customers and end markets

Commercial retail tenants operating single-tenant properties.

Value-chain role

Property owner and net-lease landlord to single-tenant retail operators.

Geographic exposure

United States (specific state or regional breakdown not supported by available filing excerpts).

Source: SEC 10-K, filed 2026-02-11

Industry: Real Estate Investment Trusts Peers: Agree Realty Corp Brixmor Property Group Inc SPIRIT REALTY CAPITAL, INC. Simon Property Group Inc Federal Realty Investment Trust Kimco Realty Corp Realty Income Corp Regency Centers Corp