National Retail Properties (NYSE: NNN) is a public REIT, based in Orlando, FL. NNN invests primarily in high-quality, single-tenant retail and restaurant properties, subject generally to long-term, triple net leases. As of December 31, 2018, the company owned 2,969 properties in 48 states with a gross leasable area of approximately 30.5 million square feet and with a weighted average remaining lease term of 11.5 years. NNN’s current restaurant portfolio includes 950 properties, generating approximately 20.3% of NNN’s total annual rental revenue.
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