National Retail Properties, Inc. Announces Impairment Results for the Third Quarter Ended September 30, 2021
November 02, 2021 at 08:30 am EDT
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National Retail Properties, Inc. announced impairment results for the third quarter ended September 30, 2021. For the quarter, the company reported impairment losses ? real estate, net of recoveries of $4,781,000 against $5,695,000 a year ago.
NNN REIT, Inc. is a fully integrated real estate investment trust (REIT). The Companyâs assets are primarily real estate assets. It acquires, owns, invests in and develops properties that are leased primarily to retail tenants under long-term net leases and are primarily held for investment (properties or property portfolio, or individually a property). It owns approximately 3,532 Properties with an aggregate gross leasable area of approximately 35,966,000 square feet, located in 49 states. The Company invests primarily in retail real estate that is located within each local market for its tenant's retail lines of trade. The Companyâs portfolio includes convenience stores; automotive service; restaurants-full service; restaurants-limited service; family entertainment centers; health and fitness; theaters; recreational vehicle dealers, parts, and accessories; equipment rental; automotive parts; wholesale clubs; home improvement; drug stores; travel plazas; and furniture, among others.
NNN REIT, INC. 
