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Agree Realty has a historically high 4.9% yield backed by a dividend that's growing quickly. Realty Income has a 5.9% yield backed by the largest net lease REIT in the market.

Real estate has been the cornerstone of human evolution, transforming from a basic necessity to a symbol of wealth and prosperity. Ownership of real estate can bring a flood of passive income into your portfolio. REITs offer the same potential, with lower barriers to entry and better diversification. We discuss two bargain REIT investments offering up to ~12% yields.

NEW YORK--(BUSINESS WIRE)--NNN Pro, the market leading net lease investment sales and advisory firm, announced the appointment of Salvatore Troia as Chief Financial Officer, effective immediately. In this role, Mr. Troia will be responsible for overseeing and managing all financial activities related to the operations of the business. Mr. Troia most recently served as Chief Financial Officer of Douglas Elliman Real Estate, a division of Douglas Elliman Inc (NYSE: DOUG), one of the largest resid.

NNN REIT is a net lease REIT focused on small properties leased to various tenants, making it resilient against retail trends. NNN has a 34-year track record of increasing dividends and is one of only five REITs with the Dividend Aristocrat title. The company has highly predictable cash flow, a stable balance sheet, and an aggressive acquisition strategy, making it an attractive investment option.

Few REITs can match the dividend growth track record of NNN REIT. The triple net lease REIT's revenue and core FFO per share grew during the first quarter. In late May, NNN utilized its investment-grade balance sheet to secure more debt at relatively low interest rates.

ORLANDO, Fla. , May 21, 2024 /PRNewswire/ -- NNN REIT, Inc. (NYSE: NNN) (the "Company"), a real estate investment trust, today announced that it has priced its public offering of $500,000,00 of 5.500% senior unsecured notes due 2034 (the "notes").

Change has a way of impacting everything, it is life's only constant. Land ownership has been a consistent form of wealth generation. I earn truly passive income, free of issues tied to being a landlord.

NNN REIT has a fortress-like balance sheet, strong business metrics, and a defensive strategy, making it a safe harbor for stability-seeking investors. The Company offers an attractive, well-covered dividend and is undervalued compared to its peers. Despite modest growth prospects, NNN has a great risk-to-reward ratio and the potential for double-digit total returns.

These REITs have a price-to-NAV range of 0.27x to 0.59x. There may be upside of more than 200% to the NAV estimate, which will probably decline over time. The estimates may be terrible. That's not my fault. You'll probably have a better time reading this, than reading my competitor's articles.

NNN REIT offers stability and reliability for long-term investors seeking income, with consistent and steady growth in earnings and dividends. The REIT has shown the ability to grow through acquisitions, taking advantage of lower cost of capital and attractive spreads. NNN REIT has a lower payout ratio compared to its peers, indicating potential for higher dividend increases and reinvestment in the business.