NNN REIT, INC.

For the period ended Sep 30, 2025. Filed Nov 4, 2025.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Sep 30, 2025 · Filed Nov 4, 2025

NNN$41.76+0.2%Stored close · as of Nov 10, 2026

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Contents

Item 1. Condensed Consolidated Balance Sheets

CONDENSED CONSOLID ATED BALANCE SHEETS

	September 30,2025	December 31,2024
(unaudited)
ASSETS
Real estate portfolio, net of accumulated depreciation and amortization	$9,204,697	$8,746,168
Cash and cash equivalents	157,917	8,731
Restricted cash and cash held in escrow	776	331
Receivables, net of allowance of $573 and $617, respectively	2,266	2,975
Accrued rental income, net of allowance of $3,325 and $4,156, respectively	33,897	34,005
Debt costs, net of accumulated amortization of $29,174 and $27,002, respectively	6,973	8,958
Other assets	73,580	71,560
Total assets	$9,480,106	$8,872,728
LIABILITIES AND EQUITY
Liabilities:
Notes payable, net of unamortized discount and unamortized debt costs	$4,870,460	$4,373,803
Accrued interest payable	79,926	29,699
Other liabilities	109,357	106,951
Total liabilities	5,059,743	4,510,453
Equity:
Stockholders' equity:
Common stock, $0.01 par value. Authorized 375,000,000 shares; 189,884,648 and 187,540,929 shares issued and outstanding, respectively	1,901	1,877
Capital in excess of par value	5,290,592	5,197,644
Accumulated deficit	(865,171)	(829,287)
Accumulated other comprehensive income (loss)	(6,959)	(7,959)
Total equity	4,420,363	4,362,275
Total liabilities and equity	$9,480,106	$8,872,728

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.