ADC

Agree Realty Corp. is a fully integrated real estate investment trust (REIT) focused on acquiring, developing, and managing retail properties net leased to industry-leading tenants. The company's portfolio consists of ground-lease retail properties featuring essential, necessity-based retailers and service providers in the restaurant, automotive, home improvement, pharmacy, grocery, dollar store, and convenience store sectors. Agree Realty emphasizes properties with strong unit-level economics, dominant market positions, and creditworthy operators. The company's assets are diversified across geographic markets and tenant industries, providing stable cash flows through long-term triple-net leases where tenants assume property operating expenses. Founded in 1971 and headquartered in Bloomfield Hills, Michigan, Agree Realty has demonstrated consistent growth through disciplined acquisitions, ground-up development, and active portfolio management. The company benefits from the resilience of necessity-based retail, e-commerce resistance of service and experiential categories, and consolidation opportunities in a fragmented market. Agree Realty has established a track record of dividend growth, making it a focus for income-oriented investors seeking quality net lease exposure.