Risk factors
NNN REIT (NNN) risk factors
Item 1A of every NNN REIT, Inc. 10-K on file, and what changed from one year to the next. Readings are automated and can be wrong; check the filing for the exact wording.
- FY2025 10-K risk factors35 risks7 new10 dropped13 reworded
NNN expanded its risk disclosures to address potential artificial intelligence integration challenges, unrated tenant credit assessment methods, and franchise agreement terminations. Total outstanding debt grew to 4,820,424,000 dollars as of December 31, 2025.
Filed Feb 11, 2026 - FY2024 10-K risk factors38 risks
NNN REIT faces substantial debt obligations with $4,373,803,000 in unsecured notes and upcoming maturity balloon payments. Tenant credit risks and bankruptcies threaten rental income, with three tenants currently in Chapter 11. Strict REIT compliance and debt covenants restrict operating flexibility.
Filed Feb 11, 2025