AGREE REALTY CORP DEP SHS EA REP 1/1000 CUM PFD STK SR A.
Updated: Jun 3
Agree Realty Corporation is a real estate investment trust (REIT) that specializes in the acquisition and development of retail and commercial properties throughout the United States. The company's portfolio consists of more than 1,000 properties, including shopping centers, restaurants, and office buildings, located in over 45 states.
One of the key strengths of Agree Realty is its focus on long-term leases with high-quality tenants. The company has a strong track record of securing long-term lease agreements with leading retailers and other commercial tenants, which helps to ensure a steady stream of rental income and stable cash flows.
Agree Realty also has a disciplined approach to property acquisition and development. The company focuses on acquiring properties that are strategically located in high-growth markets, and that have strong underlying fundamentals such as high population growth, strong employment trends, and high barriers to entry. This approach helps to mitigate risk and ensure that the company's properties generate strong returns over the long term.
One of the unique features of Agree Realty's business model is its use of triple-net leases. Under these types of leases, tenants are responsible for paying all expenses related to the property, including taxes, insurance, and maintenance. This allows Agree Realty to generate high levels of rental income while minimizing its operating expenses.
Agree Realty has also been successful in accessing the capital markets to fund its growth. The company has a strong balance sheet and has been able to raise capital through a variety of channels, including debt issuances, preferred stock offerings, and common stock offerings.
Agree Realty's Dep Shares Each Rep 1/1000 Cum Pfd Stk Sr A are a popular investment option for income-oriented investors. These shares are designed to provide a stable and reliable stream of income, with a fixed dividend payment that is paid out on a regular basis. They are also senior to the company's common stock, which provides an added layer of protection for investors.
Agree Realty is a well-run REIT with a strong track record of success. The company's focus on high-quality properties, long-term leases, and disciplined growth has helped it to generate strong returns for its investors. While there are risks and uncertainties associated with any real estate investment, Agree Realty's solid fundamentals and disciplined approach make it a strong choice for income-oriented investors.