NNN REIT is a publicly traded real estate investment trust that acquires, owns and develops high-quality commercial properties leased to tenants under long-term, triple-net lease agreements, typically ranging from 10 to 20 years. Under this lease structure, tenants pay operating expenses including utilities, taxes, insurance and maintenance, providing the company with stable and predictable rental income with minimal capital requirements. The company generates revenue from a diversified portfolio of single-tenant, freestanding properties across retail and commercial sectors, along with potential investments in real estate mortgages and securities, and funds growth through cash flow, debt and equity issuances, property sales, and credit facilities while maintaining REIT tax status.