Agree Realty Corporation is an American real estate investment trust headquartered in Michigan, founded in 1971 by Richard Agree, from whose family surname the company takes its name. Like National Retail Properties, Agree Realty specializes in owning single-tenant retail properties net-leased to retail chain tenants, with a portfolio concentrated among large, well established national retailers. The company has grown substantially through steady acquisition of net-lease retail properties, building a business model based on long, predictable lease income from creditworthy retail chains rather than shorter, more variable commercial leases.
Reader Challenges (0)
No disputes yet. Spotted an error or a better source? Open the first one.
Sign in to dispute this or suggest a correction.