NNN REIT, Inc.

NNN REIT owns about 3,800 retail properties across the United States, Puerto Rico, and Washington D.C., leasing them to tenants on long-term contracts. A REIT (real estate investment trust) is a company that owns and manages real estate and pays dividends to shareholders from the income it collects. Most of NNN's leases require tenants to cover their own maintenance costs, which means the company has minimal expenses to maintain the buildings. The company's leases average more than 10 years remaining, providing stable, predictable income.