NNN REIT, INC.
Close on Oct 19, 2026
- Market cap
- $7.75B
- P/E (TTM)
- 19.7
- Dividend yield
- 5.78%
About Nnn Reit
Real Estate Investment Trusts, SIC 6798
NNN REIT, Inc. is an integrated real estate investment trust that acquires, owns, invests in, and develops commercial real estate. The company primarily invests in single-tenant, freestanding retail properties leased to commercial tenants under long-term, triple-net lease contracts. Under these agreements, tenant businesses operate their locations and handle ongoing property operating expenses, including maintenance, property insurance, utilities, and real estate taxes. While the firm concentrates on retail properties, its activities also encompass potential investments in mortgages, secured loans, and other real estate interests.
The company's real estate portfolio comprises 3,692 properties located across all 50 U.S. states, the District of Columbia, and Puerto Rico, encompassing approximately 39,578,000 square feet of gross leasable space. Across its portfolio, 98.3 percent of the properties are leased, with a weighted average remaining lease term of 10.2 years. The company is headquartered in Orlando, Florida, and has 85 employees.
Summary of the business section of Nnn Reit's latest annual report, written by StockData.
Company profile
Company
- Legal name
- NNN REIT, INC.
- Founded
- 1984
- Headquarters
- Orlando, FL
- Address
- 450 S Orange Ave, Suite 900 32801
- Phone
- (407) 265-7348
- Website
- www.nnnreit.com
- Employees
- 83, Dec 31, 2024
- Industry
- Real Estate Investment Trusts
- Incorporated in
- Maryland
- Fiscal year ends
- December 31
- Auditor
- Ernst & Young LLP, Orlando, Florida
Stock & identifiers
- Ticker
- NNN
- Exchange
- NYSE
- Shares outstanding
- 192M, Jul 30, 2026
- Public float
- $8.06B, Jun 30, 2025
- Filer category
- Large accelerated filer
- SEC CIK
- 751364
- CUSIP
- 637417106
- ISIN
- US6374171063
- LEI
- 5493008JKH5SOTI0JS97
- EIN
- 56-1431377
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Stephen A. Horn JR | President & CEO | 822,711 |
| Jonathan Adamo | EVP Chief Portfolio Operations | 126,358 |
| Michelle Lynn Miller | EVP,Chief Acctg & Tech Officer | 93,817 |
| Joshua Phillip Lewis | EVP, CIO | 60,298 |
| Gina M. Steffens | EVP, General Counsel | 64,963 |
| Vincent H. Chao | EVP, Chief Financial Officer | 115,280 |
| Kevin B. Habicht | EVP, Chief Financial Officer | 384,945 |
| Pamela K.M. Beall | Director | 37,370 |
| Edward J. Fritsch | Director | 65,614 |
| Betsy D. Holden | Director | 36,003 |
| David M. Fick | Director | 72,680 |
| Elizabeth Gulacsy | Director | 17,772 |
| Kamau Omari Witherspoon | Director | 24,049 |
| Steven D. Cosler | Director | 67,123 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Julian Whitehurst | $0 | $0 | $2.26M | $102 | $119 |
| FY2025 Stephen Horn | $9.73M | $11.63M | $2.26M | $102 | $119 |
| FY2024 Julian Whitehurst | $0 | $0 | $2.12M | $99 | $88 |
| FY2024 Stephen Horn | $8.42M | $7.05M | $2.12M | $99 | $88 |
| FY2023 Julian Whitehurst | $0 | $0 | $2.31M | $122 | $118 |
| FY2023 Stephen Horn | $7.19M | $6.32M | $2.31M | $122 | $118 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of January 31, 2025, the Company employed 83 associates whose hard work and expertise drive the Company's success.”
Corporate history
Events identified from SEC filings