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0:00 / 0:00I. Business Model and Strategic Growth
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Agree Realty Expands to 2,370 Properties with 15% Rental Income Surge

ADC10-KFiling Date: 2/11/2025
Agree Realty Corporation
Description

What this story covers

Agree Realty Corporation's 2024 10-K highlights a 15% rise in rental income to $616.8 million, portfolio growth to 2,370 properties at 99.6% occupancy, and $939 million in investments. AFFO increased to $4.14 per share, supporting dividend hikes amid conservative leverage and resilient net leases. Risks include interest rates and tenant defaults, balanced by diversification.

Story snapshot

CompanyAgree Realty Corporation
TickerADC
VariantStandard detailed
Duration11:49
Filing type10-K
PeriodAnnual 2024
IndustryReal Estate & Construction
Accession0001558370-25-000803

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