NNN REIT, Inc. — Third Quarter 2026 Earnings Summary

NNN REIT, Inc. reported third-quarter 2026 net earnings of $0.57 per diluted share, with Core FFO and AFFO per share growing 5.9% and 5.8% respectively compared to the prior year. The company increased its Annualized Base Rent (ABR) by 6.8% to $974.0 million and raised portfolio occupancy to 99.2% while maintaining a weighted average remaining lease term of 10.1 years. During the quarter, NNN REIT invested $221.7 million in 76 new properties at a 7.3% cap rate and sold 32 properties for $50.7 million, while issuing over 2 million common shares to raise $89.5 million in net proceeds. The company maintained a strong balance sheet with $1.4 billion in total available liquidity and a weighted average debt maturity of 9.8 years, while declaring a quarterly dividend of $0.62 per share.