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NNN: Good Diversification, Good Debt Profile And Good Valuation
NNNNNN REIT(NNN) Seeking Alpha·2024-04-27 06:09
Funtap Thesis Given the current macroeconomic environment and high interest rates REITs have taken a hit on their valuations. NNN REIT Inc (NYSE:NNN) is a REIT that offers good diversification amongst sectors and tenants, have good debt management as well as debt maturity profile and trades at an attractive valuation which makes NNN a buy. Introduction and Performance NNN is a real estate investment trust (REIT) with a well diversified portfolio of triple net leased properties across the United States.  ...