Name | Value |
---|---|
Revenues | 216.2M |
Cost of Revenue | 8.2M |
Gross Profit | 208.0M |
Operating Expense | 73.3M |
Operating I/L | 139.7M |
Other Income/Expense | -43.0M |
Interest Income | 0.4M |
Pretax | 96.7M |
Income Tax Expense | 43.4M |
Net Income/Loss | 96.7M |
National Retail Properties is a real estate investment company that focuses on high-quality retail properties. The company generates revenue primarily through long-term, net leases on its 3,114 properties across 48 states, totaling approximately 32.4 million square feet of gross leasable area. With a weighted average remaining lease term of 10.7 years, the company benefits from stable and predictable income streams from its tenants, making it a reliable investment option in the retail real estate sector.