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Agree Realty Corp.
Real estate / REIT Retail
At a Glance | Core Facts | Company Due Diligence: | Industry Due Diligence: | Competitors | Stock Swings | News | Income | Balance | Cash Flow | Growth | Enterprise | Ratios | Metrics | Dividends | Risks | SWOT | Porter's Five Forces | PEST | Score Positive | Clusters | Reports | WebCompany at a Glance
Overview
Agree Realty Corp. is a real estate investment trust (REIT) that specializes in acquiring and developing net-leased retail properties. The company was founded in 1971 and is headquartered in Bloomfield Hills, Michigan. They focus primarily on properties that are anchored by nationally recognized retailers.
Agree Realty owns and manages a diverse portfolio of properties across the United States, including single tenant and multi-tenant properties, as well as ground leases. Their properties are typically occupied by tenants in the retail, banking, and restaurant industries.
The company's mission is to provide stable and growing returns to their shareholders through disciplined portfolio management and a strong balance sheet. They are committed to maintaining a conservative financial profile and to making strategic investments for long-term success.
Agree Realty has a track record of strong financial performance, with consistent growth in funds from operations (FFO) and a solid dividend history. They are also dedicated to sustainability and environmental responsibility, with a focus on reducing energy consumption and enhancing the efficiency of their properties.
Overall, Agree Realty Corp. is a well-established and financially sound company with a strong focus on long-term growth and sustainability in the retail real estate industry.
Agree Realty owns and manages a diverse portfolio of properties across the United States, including single tenant and multi-tenant properties, as well as ground leases. Their properties are typically occupied by tenants in the retail, banking, and restaurant industries.
The company's mission is to provide stable and growing returns to their shareholders through disciplined portfolio management and a strong balance sheet. They are committed to maintaining a conservative financial profile and to making strategic investments for long-term success.
Agree Realty has a track record of strong financial performance, with consistent growth in funds from operations (FFO) and a solid dividend history. They are also dedicated to sustainability and environmental responsibility, with a focus on reducing energy consumption and enhancing the efficiency of their properties.
Overall, Agree Realty Corp. is a well-established and financially sound company with a strong focus on long-term growth and sustainability in the retail real estate industry.
What is special about the company?
1. Focus on Single-Tenant Net Lease Properties: Agree Realty Corp. is primarily focused on acquiring and developing single-tenant net lease properties, which provide long-term stable income, typically with long-term leases and built-in rent increases.
2. Diversified Portfolio: The company has a diverse portfolio of properties across various industries, including retail, automotive, convenience stores, and healthcare, reducing its reliance on any single sector.
3. Emphasis on High-Quality Tenants: Agree Realty Corp. has a strict tenant selection process, focusing on high-quality and creditworthy tenants to reduce the risk of default and ensure consistent rental income.
4. Strong Financial Performance: The company has a track record of strong financial performance, with consistent revenue growth and profitability, giving investors confidence in its stability and potential for future growth.
5. Experienced Management Team: The company's management team has extensive experience in the real estate and retail industries, providing strong leadership and strategic decision-making for the company.
6. Sustainable and Responsible Practices: Agree Realty Corp. is committed to sustainability and responsible business practices. It has implemented various energy-efficient and environmentally friendly measures in its properties and has been recognized for its commitment to corporate responsibility.
7. Investor-Friendly Dividend Policy: The company has a history of increasing its dividend each year, providing a steady stream of income for investors. It also has a strong balance sheet and is committed to maintaining a conservative payout ratio.
8. Consistent Growth Strategy: Agree Realty Corp. has a disciplined and conservative acquisition and development strategy, focusing on high-quality properties in strong markets, which has resulted in consistent growth over the years.
9. Strong Corporate Culture: The company focuses on building a strong corporate culture, emphasizing teamwork, integrity, and excellence. This has resulted in high employee satisfaction and retention, which translates into efficient and effective operations.
10. Commitment to Shareholder Value: Agree Realty Corp. is committed to creating value for its shareholders. Its strong financial performance, consistent growth, and attractive dividend yield make it an attractive investment option for shareholders.
2. Diversified Portfolio: The company has a diverse portfolio of properties across various industries, including retail, automotive, convenience stores, and healthcare, reducing its reliance on any single sector.
3. Emphasis on High-Quality Tenants: Agree Realty Corp. has a strict tenant selection process, focusing on high-quality and creditworthy tenants to reduce the risk of default and ensure consistent rental income.
4. Strong Financial Performance: The company has a track record of strong financial performance, with consistent revenue growth and profitability, giving investors confidence in its stability and potential for future growth.
5. Experienced Management Team: The company's management team has extensive experience in the real estate and retail industries, providing strong leadership and strategic decision-making for the company.
6. Sustainable and Responsible Practices: Agree Realty Corp. is committed to sustainability and responsible business practices. It has implemented various energy-efficient and environmentally friendly measures in its properties and has been recognized for its commitment to corporate responsibility.
7. Investor-Friendly Dividend Policy: The company has a history of increasing its dividend each year, providing a steady stream of income for investors. It also has a strong balance sheet and is committed to maintaining a conservative payout ratio.
8. Consistent Growth Strategy: Agree Realty Corp. has a disciplined and conservative acquisition and development strategy, focusing on high-quality properties in strong markets, which has resulted in consistent growth over the years.
9. Strong Corporate Culture: The company focuses on building a strong corporate culture, emphasizing teamwork, integrity, and excellence. This has resulted in high employee satisfaction and retention, which translates into efficient and effective operations.
10. Commitment to Shareholder Value: Agree Realty Corp. is committed to creating value for its shareholders. Its strong financial performance, consistent growth, and attractive dividend yield make it an attractive investment option for shareholders.
What the company's business model?
The Agree Realty Corp. company is a real estate investment trust (REIT) that focuses on acquiring and developing single-tenant retail properties. Their business model is based on generating income through long-term, triple-net leases with high-quality, investment-grade tenants. They also aim to provide stable and growing returns to shareholders through strategic acquisitions, proactive asset management, and disciplined capital allocation. Additionally, Agree Realty Corp. seeks to maintain a conservative balance sheet and strong credit ratings in order to access capital at favorable rates for future growth opportunities.
Interesting facts about the company
1. Agree Realty Corp. is a real estate investment trust (REIT) that specializes in acquiring and developing retail properties.
2. The company was founded in 1971 and is headquartered in Bloomfield Hills, Michigan.
3. Agree Realty Corp. currently owns and operates a portfolio of over 1,000 properties, primarily single-tenant retail properties located in 45 states.
4. The company’s core philosophy is to acquire properties that are vital to the daily lives of consumers, such as grocery stores, pharmacies, and other essential retail services.
5. Agree Realty Corp.’s properties are leased to a diverse group of high-quality tenants, including major retailers such as Walmart, Target, and CVS.
6. In 2012, Agree Realty Corp. became a publicly-traded company and is listed on the New York Stock Exchange under the ticker symbol ADC.
7. The company has a long track record of increasing dividends, with 2021 marking the company’s 12th consecutive year of dividend increases.
8. Agree Realty Corp. has a strong commitment to sustainability and has received multiple awards for its environmentally-friendly practices in the real estate industry.
9. The company has consistently been recognized for its performance and operations, garnering accolades such as being named one of Forbes’ 2021 Best Small Companies, and receiving an NAREIT 2021 Leader in the Light Award for its sustainability initiatives.
10. In addition to its retail portfolio, Agree Realty Corp. has also expanded into other sectors, including industrial properties and mixed-use developments.
See Company Due Diligence:
2. The company was founded in 1971 and is headquartered in Bloomfield Hills, Michigan.
3. Agree Realty Corp. currently owns and operates a portfolio of over 1,000 properties, primarily single-tenant retail properties located in 45 states.
4. The company’s core philosophy is to acquire properties that are vital to the daily lives of consumers, such as grocery stores, pharmacies, and other essential retail services.
5. Agree Realty Corp.’s properties are leased to a diverse group of high-quality tenants, including major retailers such as Walmart, Target, and CVS.
6. In 2012, Agree Realty Corp. became a publicly-traded company and is listed on the New York Stock Exchange under the ticker symbol ADC.
7. The company has a long track record of increasing dividends, with 2021 marking the company’s 12th consecutive year of dividend increases.
8. Agree Realty Corp. has a strong commitment to sustainability and has received multiple awards for its environmentally-friendly practices in the real estate industry.
9. The company has consistently been recognized for its performance and operations, garnering accolades such as being named one of Forbes’ 2021 Best Small Companies, and receiving an NAREIT 2021 Leader in the Light Award for its sustainability initiatives.
10. In addition to its retail portfolio, Agree Realty Corp. has also expanded into other sectors, including industrial properties and mixed-use developments.
See Company Due Diligence:
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