Agree Realty Corporation Overview
Pro stress-test →Agree Realty Corporation is a publicly traded real estate investment trust that is RETHINKING RETAIL through the acquisition and development of properties net leased to industry-leading, omni-channel retail tenants. As of December 31, 2025, the Company owned and operated a portfolio of 2,674 properties, located in all 50 states and containing approximately 55.5 million square feet of gross leasable area.
Strategic Profile
Pro stress-test →Agree Realty offers a high-quality, diversified net lease retail REIT portfolio, with peer-leading investment-grade tenant concentration and robust lease terms, standing out as an A-tier triple-net REIT with a high-quality, investment-grade tenant base and recession-resistant sector exposure. The company increased 2026 investment guidance to $1.4 billion to $1.6 billion, demonstrating strong confidence in acquisition opportunities.
Competitive Landscape
Pro stress-test →ADC competes within the retail net lease REIT space against diversified peers. Key competitors include Acadia Realty Trust and other triple-net lease REITs focused on omnichannel retail. ADC's differentiation comes from its long tenure (founded 1971), strong tenant base (TJX, CVS, Walgreens, 7-Eleven), and three-platform external growth strategy.
Industry Context
Agree Realty Corporation operates in Real Estate Investment Trust (REIT) - Retail Net Lease.
Key facts
Founded: 1971 · Headquarters: Royal Oak, Michigan · Revenue: $718M · Market cap: $9.2B