Seeking Stability? NNN REIT Will Do The Job, But I Have One Concern

D. Lentz/E+ via Getty Images NNN REIT (NYSE:NNN) is a retail/service-oriented net lease REIT with 3548 properties recorded as of June 30, 2024, leased to over 375 tenants. For those unfamiliar with the 'triple net lease' term, it's a highly favourable agreement type (from the landlord's perspective), as it involves the tenant covering operating and maintenance costs (incl. property taxes, insurance, repairs, etc.). It's especially attractive when combined with contractual rent escalators embedded within the ...