National Retail Properties (NYSE: NNN) — Company Overview, News & Financial Data
National Retail Properties is a REIT specializing in acquiring and managing high-quality retail properties across the US.
National Retail Properties
National Retail Properties is a real estate investment trust that invests primarily in high-quality single-tenant retail properties subject to long-term net leases. Headquartered in Orlando, Florida, the company owns and operates a nationwide portfolio of commercial properties leased to retail tenants across multiple lines of trade, including convenience stores, automotive service facilities, restaurants, and equipment rental stores. National Retail Properties focuses on acquiring property locations through long-term triple-net leases, where tenants are responsible for property expenses, taxes, and maintenance, providing predictable cash flows and long-term dividend stability for investors across various economic cycles.
Snapshot
Operations
Products and/or services of National Retail Properties
- Single-Tenant Retail Property Acquisitions: Acquisition and ownership of freestanding retail real estate assets across 50 US states, totaling 3,774 properties leased to over 400 national and regional tenant operators across 37 lines of trade.
- Triple-Net Commercial Property Leasing: Structured long-term triple-net leasing arrangements where commercial retail tenants pay baseline rental income while absorbing operating costs, property taxes, maintenance, and insurance, providing stable recurring cash flow across economic cycles.
- Sale-Leaseback Capital Solutions: Direct real estate financing and sale-leaseback transactions providing capital to retail corporate partners and operators, enabling store expansion and capital recycling while retaining long-term site control and operation.
- Developer & Growth Financing: Direct financing programs provided to retail property developers to fund site acquisition, construction, and development of new single-tenant retail locations with pre-arranged long-term leasing agreements.
- Convenience Store & Service Station Real Estate: Long-term net-leased property ownership of convenience store, fuel, and travel plaza locations operated by regional and national retail store chains across key highway and urban corridors.
- Automotive Service & Retail Store Property Portfolio: Net-leased property investments in freestanding automotive repair shops, tire supply centers, and auto parts retail stores leased under multi-year contracts to established national service operators.
National Retail Properties executive team
- Mr. Stephen A. Horn Jr.President, CEO & Director
- Ms. Michelle Lynn MillerChief Accounting & Technology Officer and Executive VP
- Ms. Gina M. SteffensExecutive VP, General Counsel & Secretary
- Mr. Jonathan A. AdamoExecutive Vice President of Portfolio Operations
- Mr. Vincent H. Chao C.F.A.Executive VP, CFO & Treasurer
- Mr. Joshua P. LewisExecutive VP & Chief Investment Officer
- Mr. Christopher F. BarryVice President of Corporate Communications & Investor Relations
- Ms. Margo MoederVice President of Human Resources
- Ms. Mary MorrisonSenior Vice President of Financial Reporting & Operations
- Mr. Sam KhatibDirector of Leasing & Asset Management