Agree Realty Corporation (ADC)

Agree Realty Corporation is a specialized Real Estate Investment Trust (REIT) "focused on the ownership and development of properties leased to industry-leading, omni-channel retail tenants," led by President and CEO Joey Agree. The company’s mission is to deliver consistent, recession-resilient returns through its portfolio of high-quality retail net lease properties. Agree Realty holds a strategic position as a preferred landlord for investment-grade tenants such as Walmart, 7-Eleven, and Home Depot. Agree Realty Corporation stock is a premier "Retail Net Lease" play, characterized by its disciplined capital allocation and high-quality tenant base.

The company’s business operations are focused on "E-commerce Resistant" sectors, emphasizing grocery, home improvement, and convenience stores. In late 2025, Agree Realty significantly increased its investment guidance to a range of $1.4 billion to $1.6 billion, reflecting its aggressive acquisition pace and strong balance sheet. The company’s future strategy involves "Developer Funding Platform (DFP) Expansion," utilizing its specialized capital to partner with developers on new retail projects. For 2026, the firm is prioritizing its ESG initiatives and the optimization of its specialized "Data-Driven Site Selection" process. Its competitive moat is its fortress balance sheet and a portfolio where nearly 70% of annualized base rent comes from investment-grade tenants.

ADC is publicly traded on the New York Stock Exchange under the symbol ADC stock. It is a top pick for dividend-growth investors who prize its monthly distributions and long-term history of outperforming the broader REIT sector. Financial analysts track the ADC stock price as a primary gauge of the health of the US retail real estate market and the stability of net lease cap rates. By December 2025, Agree Realty remains a dominant and highly efficient player in the real estate sector, utilizing its tenant-centric approach to drive shareholder value.