ICSC LAS VEGAS 2023

AVAILABLE PROPERTIES FOR SALE/LEASE

5.4%

	1 Year	5 Years	10 Years	15 Years	20 Years	25 Years	30 Years
NNN REIT	2.3%	-0.3%	7.0%	12.4%	9.8%	12.3%	10.9%
Indices
* NAREIT Equity REIT Index (FNERTR)	8.0%	4.0%	6.9%	13.6%	7.6%	9.6%	9.4%
* Morgan Stanley REIT Index (RMS G)	10.4%	4.1%	6.5%	13.5%	7.4%	9.4%	N/A
S&P 500 Index (SPX)	30.0%	15.0%	12.9%	15.6%	10.1%	7.8%	10.7%
* S&P 400 Index (MID)	23.4%	11.7%	10.0%	14.7%	10.0%	10.4%	11.7%

For Periods Ending March 31, 2024. Total Return comprised of stock price appreciation plus dividends paid.

* NNN is a member of this index. Source: Bloomberg