Companies:
10,652
total market cap:
$139.811 T
Sign In
๐บ๐ธ
EN
English
$ USD
โฌ
EUR
๐ช๐บ
โน
INR
๐ฎ๐ณ
ยฃ
GBP
๐ฌ๐ง
$
CAD
๐จ๐ฆ
$
AUD
๐ฆ๐บ
$
NZD
๐ณ๐ฟ
$
HKD
๐ญ๐ฐ
$
SGD
๐ธ๐ฌ
Global ranking
Ranking by countries
America
๐บ๐ธ United States
๐จ๐ฆ Canada
๐ฒ๐ฝ Mexico
๐ง๐ท Brazil
๐จ๐ฑ Chile
Europe
๐ช๐บ European Union
๐ฉ๐ช Germany
๐ฌ๐ง United Kingdom
๐ซ๐ท France
๐ช๐ธ Spain
๐ณ๐ฑ Netherlands
๐ธ๐ช Sweden
๐ฎ๐น Italy
๐จ๐ญ Switzerland
๐ต๐ฑ Poland
๐ซ๐ฎ Finland
Asia
๐จ๐ณ China
๐ฏ๐ต Japan
๐ฐ๐ท South Korea
๐ญ๐ฐ Hong Kong
๐ธ๐ฌ Singapore
๐ฎ๐ฉ Indonesia
๐ฎ๐ณ India
๐ฒ๐พ Malaysia
๐น๐ผ Taiwan
๐น๐ญ Thailand
๐ป๐ณ Vietnam
Others
๐ฆ๐บ Australia
๐ณ๐ฟ New Zealand
๐ฎ๐ฑ Israel
๐ธ๐ฆ Saudi Arabia
๐น๐ท Turkey
๐ท๐บ Russia
๐ฟ๐ฆ South Africa
>> All Countries
Ranking by categories
๐ All assets by Market Cap
๐ Automakers
โ๏ธ Airlines
๐ซ Airports
โ๏ธ Aircraft manufacturers
๐ฆ Banks
๐จ Hotels
๐ Pharmaceuticals
๐ E-Commerce
โ๏ธ Healthcare
๐ฆ Courier services
๐ฐ Media/Press
๐ท Alcoholic beverages
๐ฅค Beverages
๐ Clothing
โ๏ธ Mining
๐ Railways
๐ฆ Insurance
๐ Real estate
โ Ports
๐ผ Professional services
๐ด Food
๐ Restaurant chains
โ๐ป Software
๐ Semiconductors
๐ฌ Tobacco
๐ณ Financial services
๐ข Oil&Gas
๐ Electricity
๐งช Chemicals
๐ฐ Investment
๐ก Telecommunication
๐๏ธ Retail
๐ฅ๏ธ Internet
๐ Construction
๐ฎ Video Game
๐ป Tech
๐ฆพ AI
>> All Categories
ETFs
๐ All ETFs
๐๏ธ Bond ETFs
๏ผ Dividend ETFs
โฟ Bitcoin ETFs
โข Ethereum ETFs
๐ช Crypto Currency ETFs
๐ฅ Gold ETFs & ETCs
๐ฅ Silver ETFs & ETCs
๐ข๏ธ Oil ETFs & ETCs
๐ฝ Commodities ETFs & ETNs
๐ Emerging Markets ETFs
๐ Small-Cap ETFs
๐ Low volatility ETFs
๐ Inverse/Bear ETFs
โฌ๏ธ Leveraged ETFs
๐ Global/World ETFs
๐บ๐ธ USA ETFs
๐บ๐ธ S&P 500 ETFs
๐บ๐ธ Dow Jones ETFs
๐ช๐บ Europe ETFs
๐จ๐ณ China ETFs
๐ฏ๐ต Japan ETFs
๐ฎ๐ณ India ETFs
๐ฌ๐ง UK ETFs
๐ฉ๐ช Germany ETFs
๐ซ๐ท France ETFs
โ๏ธ Mining ETFs
โ๏ธ Gold Mining ETFs
โ๏ธ Silver Mining ETFs
๐งฌ Biotech ETFs
๐ฉโ๐ป Tech ETFs
๐ Real Estate ETFs
โ๏ธ Healthcare ETFs
โก Energy ETFs
๐ Renewable Energy ETFs
๐ก๏ธ Insurance ETFs
๐ฐ Water ETFs
๐ด Food & Beverage ETFs
๐ฑ Socially Responsible ETFs
๐ฃ๏ธ Infrastructure ETFs
๐ก Innovation ETFs
๐ Semiconductors ETFs
๐ Aerospace & Defense ETFs
๐ Cybersecurity ETFs
๐ฆพ Artificial Intelligence ETFs
Watchlist
Account
NNN REIT
NNN
#2351
Rank
$7.95 B
Marketcap
๐บ๐ธ
United States
Country
$41.88
Share price
1.03%
Change (1 day)
10.05%
Change (1 year)
๐ Real estate
๐ฐ Investment
๐๏ธ REITs
Categories
Market cap
Revenue
Earnings
Price history
P/E ratio
P/S ratio
Annual Reports (10-K)
More
Price history
P/E ratio
P/S ratio
P/B ratio
Operating margin
EPS
Dividends
Dividend yield
Shares outstanding
Fails to deliver
Cost to borrow
Total assets
Total liabilities
Total debt
Cash on Hand
Net Assets
NNN REIT
Annual Reports (10-K)
Financial Year 2020
NNN REIT - 10-K annual report 2020
Text size:
Small
Medium
Large
0000751364
2020
FY
false
us-gaap:OtherAssets
us-gaap:OtherLiabilities
0.01
P3Y
0000751364
2020-01-01
2020-12-31
0000751364
us-gaap:CommonStockMember
2020-01-01
2020-12-31
0000751364
us-gaap:SeriesFPreferredStockMember
2020-01-01
2020-12-31
iso4217:USD
0000751364
2020-06-30
xbrli:shares
0000751364
2021-01-28
0000751364
2020-12-31
0000751364
2019-12-31
iso4217:USD
xbrli:shares
xbrli:pure
0000751364
us-gaap:SeriesFPreferredStockMember
2019-01-01
2019-12-31
0000751364
us-gaap:SeriesFPreferredStockMember
2020-12-31
0000751364
us-gaap:SeriesFPreferredStockMember
2019-12-31
0000751364
2019-01-01
2019-12-31
0000751364
2018-01-01
2018-12-31
0000751364
us-gaap:SeriesEPreferredStockMember
2020-01-01
2020-12-31
0000751364
us-gaap:SeriesEPreferredStockMember
2019-01-01
2019-12-31
0000751364
us-gaap:SeriesEPreferredStockMember
2018-01-01
2018-12-31
0000751364
us-gaap:SeriesFPreferredStockMember
2018-01-01
2018-12-31
0000751364
us-gaap:PreferredStockMember
us-gaap:SeriesEPreferredStockMember
2017-12-31
0000751364
us-gaap:PreferredStockMember
us-gaap:SeriesFPreferredStockMember
2017-12-31
0000751364
us-gaap:CommonStockMember
2017-12-31
0000751364
us-gaap:AdditionalPaidInCapitalMember
2017-12-31
0000751364
us-gaap:RetainedEarningsMember
2017-12-31
0000751364
us-gaap:AccumulatedOtherComprehensiveIncomeMember
2017-12-31
0000751364
us-gaap:ParentMember
2017-12-31
0000751364
us-gaap:NoncontrollingInterestMember
2017-12-31
0000751364
2017-12-31
0000751364
us-gaap:RetainedEarningsMember
2018-01-01
2018-12-31
0000751364
us-gaap:ParentMember
2018-01-01
2018-12-31
0000751364
us-gaap:NoncontrollingInterestMember
2018-01-01
2018-12-31
0000751364
us-gaap:RetainedEarningsMember
us-gaap:SeriesEPreferredStockMember
2018-01-01
2018-12-31
0000751364
us-gaap:ParentMember
us-gaap:SeriesEPreferredStockMember
2018-01-01
2018-12-31
0000751364
us-gaap:RetainedEarningsMember
us-gaap:SeriesFPreferredStockMember
2018-01-01
2018-12-31
0000751364
us-gaap:ParentMember
us-gaap:SeriesFPreferredStockMember
2018-01-01
2018-12-31
0000751364
us-gaap:CommonStockMember
2018-01-01
2018-12-31
0000751364
us-gaap:AdditionalPaidInCapitalMember
2018-01-01
2018-12-31
0000751364
us-gaap:AccumulatedOtherComprehensiveIncomeMember
2018-01-01
2018-12-31
0000751364
us-gaap:PreferredStockMember
us-gaap:SeriesEPreferredStockMember
2018-12-31
0000751364
us-gaap:PreferredStockMember
us-gaap:SeriesFPreferredStockMember
2018-12-31
0000751364
us-gaap:CommonStockMember
2018-12-31
0000751364
us-gaap:AdditionalPaidInCapitalMember
2018-12-31
0000751364
us-gaap:RetainedEarningsMember
2018-12-31
0000751364
us-gaap:AccumulatedOtherComprehensiveIncomeMember
2018-12-31
0000751364
us-gaap:ParentMember
2018-12-31
0000751364
us-gaap:NoncontrollingInterestMember
2018-12-31
0000751364
2018-12-31
0000751364
us-gaap:RetainedEarningsMember
2019-01-01
2019-12-31
0000751364
us-gaap:ParentMember
2019-01-01
2019-12-31
0000751364
us-gaap:NoncontrollingInterestMember
2019-01-01
2019-12-31
0000751364
us-gaap:RetainedEarningsMember
us-gaap:SeriesEPreferredStockMember
2019-01-01
2019-12-31
0000751364
us-gaap:ParentMember
us-gaap:SeriesEPreferredStockMember
2019-01-01
2019-12-31
0000751364
us-gaap:RetainedEarningsMember
us-gaap:SeriesFPreferredStockMember
2019-01-01
2019-12-31
0000751364
us-gaap:ParentMember
us-gaap:SeriesFPreferredStockMember
2019-01-01
2019-12-31
0000751364
us-gaap:CommonStockMember
2019-01-01
2019-12-31
0000751364
us-gaap:AdditionalPaidInCapitalMember
2019-01-01
2019-12-31
0000751364
us-gaap:PreferredStockMember
us-gaap:SeriesEPreferredStockMember
2019-01-01
2019-12-31
0000751364
us-gaap:AccumulatedOtherComprehensiveIncomeMember
2019-01-01
2019-12-31
0000751364
us-gaap:PreferredStockMember
us-gaap:SeriesFPreferredStockMember
2019-12-31
0000751364
us-gaap:CommonStockMember
2019-12-31
0000751364
us-gaap:AdditionalPaidInCapitalMember
2019-12-31
0000751364
us-gaap:RetainedEarningsMember
2019-12-31
0000751364
us-gaap:AccumulatedOtherComprehensiveIncomeMember
2019-12-31
0000751364
us-gaap:ParentMember
2019-12-31
0000751364
us-gaap:NoncontrollingInterestMember
2019-12-31
0000751364
us-gaap:RetainedEarningsMember
2020-01-01
2020-12-31
0000751364
us-gaap:ParentMember
2020-01-01
2020-12-31
0000751364
us-gaap:NoncontrollingInterestMember
2020-01-01
2020-12-31
0000751364
us-gaap:RetainedEarningsMember
us-gaap:SeriesFPreferredStockMember
2020-01-01
2020-12-31
0000751364
us-gaap:ParentMember
us-gaap:SeriesFPreferredStockMember
2020-01-01
2020-12-31
0000751364
us-gaap:CommonStockMember
2020-01-01
2020-12-31
0000751364
us-gaap:AdditionalPaidInCapitalMember
2020-01-01
2020-12-31
0000751364
us-gaap:AccumulatedOtherComprehensiveIncomeMember
2020-01-01
2020-12-31
0000751364
us-gaap:PreferredStockMember
us-gaap:SeriesFPreferredStockMember
2020-12-31
0000751364
us-gaap:CommonStockMember
2020-12-31
0000751364
us-gaap:AdditionalPaidInCapitalMember
2020-12-31
0000751364
us-gaap:RetainedEarningsMember
2020-12-31
0000751364
us-gaap:AccumulatedOtherComprehensiveIncomeMember
2020-12-31
0000751364
us-gaap:ParentMember
2020-12-31
0000751364
us-gaap:NoncontrollingInterestMember
2020-12-31
nnn:property
utr:sqft
nnn:state
nnn:segment
0000751364
srt:MinimumMember
us-gaap:BuildingAndBuildingImprovementsMember
2020-01-01
2020-12-31
0000751364
srt:MaximumMember
us-gaap:BuildingAndBuildingImprovementsMember
2020-01-01
2020-12-31
0000751364
us-gaap:LandImprovementsMember
2020-01-01
2020-12-31
0000751364
us-gaap:AccountingStandardsUpdate201602Member
2019-01-01
nnn:tenant
0000751364
srt:MinimumMember
2020-01-01
2020-12-31
0000751364
srt:MaximumMember
2020-01-01
2020-12-31
0000751364
us-gaap:RealEstateLoanMember
2020-12-31
0000751364
us-gaap:RealEstateLoanMember
2019-12-31
0000751364
us-gaap:RealEstateLoanMember
2020-01-01
2020-12-31
0000751364
us-gaap:MortgagesMember
2020-12-31
0000751364
us-gaap:MortgagesMember
2019-12-31
0000751364
us-gaap:LoansPayableMember
2020-12-31
0000751364
us-gaap:LoansPayableMember
2019-12-31
0000751364
us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember
2018-12-31
0000751364
us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember
2018-12-31
0000751364
us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember
2019-01-01
2019-12-31
0000751364
us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember
2019-01-01
2019-12-31
0000751364
us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember
2019-12-31
0000751364
us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember
2019-12-31
0000751364
us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember
2020-01-01
2020-12-31
0000751364
us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember
2020-01-01
2020-12-31
0000751364
us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember
2020-12-31
0000751364
us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember
2020-12-31
0000751364
us-gaap:PropertySubjectToOperatingLeaseMember
2020-12-31
0000751364
nnn:PropertySubjectToDirectFinancingMember
2020-12-31
0000751364
us-gaap:AssetUnderConstructionMember
2020-12-31
0000751364
us-gaap:AssetUnderConstructionMember
2019-12-31
0000751364
us-gaap:AboveMarketLeasesMember
2020-12-31
0000751364
us-gaap:AboveMarketLeasesMember
2019-12-31
0000751364
us-gaap:LeasesAcquiredInPlaceMember
2020-12-31
0000751364
us-gaap:LeasesAcquiredInPlaceMember
2019-12-31
0000751364
nnn:AboveMarketAndBelowMarketLeasesMember
2020-01-01
2020-12-31
0000751364
nnn:AboveMarketAndBelowMarketLeasesMember
2019-01-01
2019-12-31
0000751364
nnn:AboveMarketAndBelowMarketLeasesMember
2018-01-01
2018-12-31
0000751364
us-gaap:LeasesAcquiredInPlaceMember
2020-01-01
2020-12-31
0000751364
us-gaap:LeasesAcquiredInPlaceMember
2019-01-01
2019-12-31
0000751364
us-gaap:LeasesAcquiredInPlaceMember
2018-01-01
2018-12-31
0000751364
nnn:AboveMarketAndBelowMarketLeasesMember
2020-12-31
0000751364
us-gaap:DisposalGroupHeldforsaleNotDiscontinuedOperationsMember
2020-01-01
2020-12-31
0000751364
us-gaap:DisposalGroupHeldforsaleNotDiscontinuedOperationsMember
2019-01-01
2019-12-31
0000751364
us-gaap:DisposalGroupHeldforsaleNotDiscontinuedOperationsMember
2018-01-01
2018-12-31
nnn:lease
0000751364
nnn:GroundLeasesMember
2020-12-31
0000751364
nnn:HeadquartersOfficeLeaseMember
2020-12-31
0000751364
us-gaap:LineOfCreditMember
2020-12-31
0000751364
us-gaap:LineOfCreditMember
2020-01-01
2020-12-31
0000751364
us-gaap:LineOfCreditMember
us-gaap:LondonInterbankOfferedRateLIBORMember
2020-01-01
2020-12-31
0000751364
nnn:MortgagePayableIssuedNovember2014Member
us-gaap:MortgagesMember
2020-12-31
0000751364
nnn:MortgagePayableIssuedNovember2014Member
us-gaap:MortgagesMember
2019-12-31
0000751364
nnn:NotesPayableDueApril2023Member
2020-12-31
0000751364
nnn:NotesPayableDueJune2024Member
2020-12-31
0000751364
nnn:NotesPayableDueNovember2025Member
2020-12-31
0000751364
nnn:NotesPayableDueDecember2026Member
2020-12-31
0000751364
nnn:NotesPayableDueOctober2027Member
2020-12-31
0000751364
nnn:NotesPayableDueOctober2028Member
2020-12-31
0000751364
nnn:NotesPayableDueApril2030Member
2020-12-31
0000751364
nnn:NotesPayableDueOctober2048Member
2020-12-31
0000751364
nnn:NotesPayableDueApril2050Member
2020-12-31
0000751364
nnn:NotesPayableDueOctober2022Member
2020-03-01
2020-03-31
0000751364
nnn:NotesPayableDueOctober2022Member
2020-03-31
0000751364
us-gaap:SeriesFPreferredStockMember
2016-10-01
2016-10-31
0000751364
us-gaap:SeriesFPreferredStockMember
2016-10-31
0000751364
us-gaap:SeriesEPreferredStockMember
2019-10-01
2019-10-31
0000751364
us-gaap:SeriesEPreferredStockMember
2019-10-31
0000751364
2016-10-31
0000751364
2019-09-01
2019-09-30
0000751364
2019-09-30
0000751364
nnn:ATMEquityProgram2020Member
2020-12-31
0000751364
nnn:ATMEquityProgram2018Member
2020-12-31
0000751364
nnn:ATMEquityProgramMember
2020-01-01
2020-12-31
0000751364
nnn:ATMEquityProgramMember
2019-01-01
2019-12-31
0000751364
nnn:ATMEquityProgramMember
2018-01-01
2018-12-31
0000751364
nnn:DripMember
2018-02-01
2018-02-28
0000751364
nnn:DripMember
2020-01-01
2020-12-31
0000751364
nnn:DripMember
2019-01-01
2019-12-31
0000751364
nnn:DripMember
2018-01-01
2018-12-31
0000751364
us-gaap:SubsequentEventMember
2021-01-15
2021-01-15
0000751364
nnn:OrdinaryDividendsMember
2020-01-01
2020-12-31
0000751364
nnn:OrdinaryDividendsMember
2019-01-01
2019-12-31
0000751364
nnn:OrdinaryDividendsMember
2018-01-01
2018-12-31
0000751364
nnn:CapitalGainMember
2020-01-01
2020-12-31
0000751364
nnn:CapitalGainMember
2019-01-01
2019-12-31
0000751364
nnn:CapitalGainMember
2018-01-01
2018-12-31
0000751364
nnn:UnrecapturedSection1250GainMember
2020-01-01
2020-12-31
0000751364
nnn:UnrecapturedSection1250GainMember
2019-01-01
2019-12-31
0000751364
nnn:UnrecapturedSection1250GainMember
2018-01-01
2018-12-31
0000751364
nnn:NontaxableDistributionsMember
2020-01-01
2020-12-31
0000751364
nnn:NontaxableDistributionsMember
2019-01-01
2019-12-31
0000751364
nnn:NontaxableDistributionsMember
2018-01-01
2018-12-31
0000751364
nnn:OrdinaryDividendsMember
us-gaap:SeriesFPreferredStockMember
2020-01-01
2020-12-31
0000751364
nnn:OrdinaryDividendsMember
us-gaap:SeriesFPreferredStockMember
2019-01-01
2019-12-31
0000751364
nnn:OrdinaryDividendsMember
us-gaap:SeriesFPreferredStockMember
2018-01-01
2018-12-31
0000751364
nnn:OrdinaryDividendsMember
us-gaap:SeriesEPreferredStockMember
2019-01-01
2019-12-31
0000751364
nnn:OrdinaryDividendsMember
us-gaap:SeriesEPreferredStockMember
2018-01-01
2018-12-31
0000751364
us-gaap:SeriesFPreferredStockMember
nnn:CapitalGainMember
2020-01-01
2020-12-31
0000751364
us-gaap:SeriesFPreferredStockMember
nnn:CapitalGainMember
2019-01-01
2019-12-31
0000751364
us-gaap:SeriesFPreferredStockMember
nnn:CapitalGainMember
2018-01-01
2018-12-31
0000751364
us-gaap:SeriesEPreferredStockMember
nnn:CapitalGainMember
2019-01-01
2019-12-31
0000751364
us-gaap:SeriesEPreferredStockMember
nnn:CapitalGainMember
2018-01-01
2018-12-31
0000751364
nnn:UnrecapturedSection1250GainMember
us-gaap:SeriesFPreferredStockMember
2020-01-01
2020-12-31
0000751364
nnn:UnrecapturedSection1250GainMember
us-gaap:SeriesFPreferredStockMember
2019-01-01
2019-12-31
0000751364
nnn:UnrecapturedSection1250GainMember
us-gaap:SeriesFPreferredStockMember
2018-01-01
2018-12-31
0000751364
nnn:UnrecapturedSection1250GainMember
us-gaap:SeriesEPreferredStockMember
2019-01-01
2019-12-31
0000751364
nnn:UnrecapturedSection1250GainMember
us-gaap:SeriesEPreferredStockMember
2018-01-01
2018-12-31
nnn:instrument
0000751364
nnn:ForwardSwapMember
2013-04-30
0000751364
nnn:ForwardSwapMember
2014-05-31
0000751364
nnn:ForwardSwapMember
2015-10-31
0000751364
nnn:ForwardSwapMember
2016-12-31
0000751364
nnn:ForwardSwapMember
2017-09-30
0000751364
nnn:ForwardSwapMember
2018-09-30
0000751364
nnn:ForwardSwapMember
2020-03-31
0000751364
us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember
2020-01-01
2020-12-31
0000751364
us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember
2019-01-01
2019-12-31
0000751364
us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember
2018-01-01
2018-12-31
0000751364
2017-05-31
0000751364
us-gaap:RestrictedStockMember
2019-12-31
0000751364
us-gaap:RestrictedStockMember
2020-01-01
2020-12-31
0000751364
us-gaap:RestrictedStockMember
2020-12-31
0000751364
srt:MinimumMember
us-gaap:RestrictedStockMember
2020-01-01
2020-12-31
0000751364
srt:MaximumMember
us-gaap:RestrictedStockMember
2020-01-01
2020-12-31
0000751364
nnn:PerformanceSharesSubjectToShareholderReturnMember
2020-01-01
2020-12-31
0000751364
nnn:PerformanceSharesSubjectToCoreFundsFromOperationsGrowthMember
2020-01-01
2020-12-31
0000751364
nnn:DirectorsFeesMember
2020-01-01
2020-12-31
0000751364
nnn:DeferredDirectorsFeesMember
2020-01-01
2020-12-31
0000751364
us-gaap:SubsequentEventMember
2021-01-31
0000751364
nnn:TampaFL1Member
nnn:OperatingLeaseMember
nnn:SevenElevenMember
2020-12-31
0000751364
nnn:TampaFL1Member
nnn:OperatingLeaseMember
nnn:SevenElevenMember
2020-01-01
2020-12-31
0000751364
nnn:AustinTX1Member
nnn:OperatingLeaseMember
nnn:SevenElevenMember
2020-12-31
0000751364
nnn:AustinTX1Member
nnn:OperatingLeaseMember
nnn:SevenElevenMember
2020-01-01
2020-12-31
0000751364
nnn:AustinTX2Member
nnn:OperatingLeaseMember
nnn:SevenElevenMember
2020-12-31
0000751364
nnn:AustinTX2Member
nnn:OperatingLeaseMember
nnn:SevenElevenMember
2020-01-01
2020-12-31
0000751364
nnn:AustinTX3Member
nnn:OperatingLeaseMember
nnn:SevenElevenMember
2020-12-31
0000751364
nnn:AustinTX3Member
nnn:OperatingLeaseMember
nnn:SevenElevenMember
2020-01-01
2020-12-31
0000751364
nnn:BeaumontTX1Member
nnn:OperatingLeaseMember
nnn:SevenElevenMember
2020-12-31
0000751364
nnn:BeaumontTX1Member
nnn:OperatingLeaseMember
nnn:SevenElevenMember
2020-01-01
2020-12-31
0000751364
nnn:BeaumontTX2Member
nnn:OperatingLeaseMember
nnn:SevenElevenMember
2020-12-31
0000751364
nnn:BeaumontTX2Member
nnn:OperatingLeaseMember
nnn:SevenElevenMember
2020-01-01
2020-12-31
0000751364
nnn:BeaumontTX3Member
nnn:OperatingLeaseMember
nnn:SevenElevenMember
2020-12-31
0000751364
nnn:BeaumontTX3Member
nnn:OperatingLeaseMember
nnn:SevenElevenMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:SevenElevenMember
nnn:BloomingtonTX1Member
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:SevenElevenMember
nnn:BloomingtonTX1Member
2020-01-01
2020-12-31
0000751364
nnn:BryanTX1Member
nnn:OperatingLeaseMember
nnn:SevenElevenMember
2020-12-31
0000751364
nnn:BryanTX1Member
nnn:OperatingLeaseMember
nnn:SevenElevenMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:SevenElevenMember
nnn:CanyonLakeTX1Member
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:SevenElevenMember
nnn:CanyonLakeTX1Member
2020-01-01
2020-12-31
0000751364
nnn:CedarParkTX1Member
nnn:OperatingLeaseMember
nnn:SevenElevenMember
2020-12-31
0000751364
nnn:CedarParkTX1Member
nnn:OperatingLeaseMember
nnn:SevenElevenMember
2020-01-01
2020-12-31
0000751364
nnn:CollegeStationTX1Member
nnn:OperatingLeaseMember
nnn:SevenElevenMember
2020-12-31
0000751364
nnn:CollegeStationTX1Member
nnn:OperatingLeaseMember
nnn:SevenElevenMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:CorpusChristiTX1Member
nnn:SevenElevenMember
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:CorpusChristiTX1Member
nnn:SevenElevenMember
2020-01-01
2020-12-31
0000751364
nnn:EdinburgTX1Member
nnn:OperatingLeaseMember
nnn:SevenElevenMember
2020-12-31
0000751364
nnn:EdinburgTX1Member
nnn:OperatingLeaseMember
nnn:SevenElevenMember
2020-01-01
2020-12-31
0000751364
nnn:EdnaTX1Member
nnn:OperatingLeaseMember
nnn:SevenElevenMember
2020-12-31
0000751364
nnn:EdnaTX1Member
nnn:OperatingLeaseMember
nnn:SevenElevenMember
2020-01-01
2020-12-31
0000751364
nnn:KingslandTX1Member
nnn:OperatingLeaseMember
nnn:SevenElevenMember
2020-12-31
0000751364
nnn:KingslandTX1Member
nnn:OperatingLeaseMember
nnn:SevenElevenMember
2020-01-01
2020-12-31
0000751364
nnn:KingsvilleTX1Member
nnn:OperatingLeaseMember
nnn:SevenElevenMember
2020-12-31
0000751364
nnn:KingsvilleTX1Member
nnn:OperatingLeaseMember
nnn:SevenElevenMember
2020-01-01
2020-12-31
0000751364
nnn:LaredoTX1Member
nnn:OperatingLeaseMember
nnn:SevenElevenMember
2020-12-31
0000751364
nnn:LaredoTX1Member
nnn:OperatingLeaseMember
nnn:SevenElevenMember
2020-01-01
2020-12-31
0000751364
nnn:PalaciosTX1Member
nnn:OperatingLeaseMember
nnn:SevenElevenMember
2020-12-31
0000751364
nnn:PalaciosTX1Member
nnn:OperatingLeaseMember
nnn:SevenElevenMember
2020-01-01
2020-12-31
0000751364
nnn:PfugervilleTX1Member
nnn:OperatingLeaseMember
nnn:SevenElevenMember
2020-12-31
0000751364
nnn:PfugervilleTX1Member
nnn:OperatingLeaseMember
nnn:SevenElevenMember
2020-01-01
2020-12-31
0000751364
nnn:RioBravoTX1Member
nnn:OperatingLeaseMember
nnn:SevenElevenMember
2020-12-31
0000751364
nnn:RioBravoTX1Member
nnn:OperatingLeaseMember
nnn:SevenElevenMember
2020-01-01
2020-12-31
0000751364
nnn:RoundRockTX1Member
nnn:OperatingLeaseMember
nnn:SevenElevenMember
2020-12-31
0000751364
nnn:RoundRockTX1Member
nnn:OperatingLeaseMember
nnn:SevenElevenMember
2020-01-01
2020-12-31
0000751364
nnn:SanAntonioTX1Member
nnn:OperatingLeaseMember
nnn:SevenElevenMember
2020-12-31
0000751364
nnn:SanAntonioTX1Member
nnn:OperatingLeaseMember
nnn:SevenElevenMember
2020-01-01
2020-12-31
0000751364
nnn:VictoriaTX1Member
nnn:OperatingLeaseMember
nnn:SevenElevenMember
2020-12-31
0000751364
nnn:VictoriaTX1Member
nnn:OperatingLeaseMember
nnn:SevenElevenMember
2020-01-01
2020-12-31
0000751364
nnn:VictoriaTX2Member
nnn:OperatingLeaseMember
nnn:SevenElevenMember
2020-12-31
0000751364
nnn:VictoriaTX2Member
nnn:OperatingLeaseMember
nnn:SevenElevenMember
2020-01-01
2020-12-31
0000751364
nnn:WestOrangeTX1Member
nnn:OperatingLeaseMember
nnn:SevenElevenMember
2020-12-31
0000751364
nnn:WestOrangeTX1Member
nnn:OperatingLeaseMember
nnn:SevenElevenMember
2020-01-01
2020-12-31
0000751364
nnn:WinnieTX1Member
nnn:OperatingLeaseMember
nnn:SevenElevenMember
2020-12-31
0000751364
nnn:WinnieTX1Member
nnn:OperatingLeaseMember
nnn:SevenElevenMember
2020-01-01
2020-12-31
0000751364
nnn:AustinTX4Member
nnn:OperatingLeaseMember
nnn:SevenElevenMember
2020-12-31
0000751364
nnn:AustinTX4Member
nnn:OperatingLeaseMember
nnn:SevenElevenMember
2020-01-01
2020-12-31
0000751364
nnn:AustinTX5Member
nnn:OperatingLeaseMember
nnn:SevenElevenMember
2020-12-31
0000751364
nnn:AustinTX5Member
nnn:OperatingLeaseMember
nnn:SevenElevenMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:SevenElevenMember
nnn:AustinTX6Member
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:SevenElevenMember
nnn:AustinTX6Member
2020-01-01
2020-12-31
0000751364
nnn:AustinTX7Member
nnn:OperatingLeaseMember
nnn:SevenElevenMember
2020-12-31
0000751364
nnn:AustinTX7Member
nnn:OperatingLeaseMember
nnn:SevenElevenMember
2020-01-01
2020-12-31
0000751364
nnn:AustinTX8Member
nnn:OperatingLeaseMember
nnn:SevenElevenMember
2020-12-31
0000751364
nnn:AustinTX8Member
nnn:OperatingLeaseMember
nnn:SevenElevenMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:SevenElevenMember
nnn:AustinTX9Member
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:SevenElevenMember
nnn:AustinTX9Member
2020-01-01
2020-12-31
0000751364
nnn:AustinTX10Member
nnn:OperatingLeaseMember
nnn:SevenElevenMember
2020-12-31
0000751364
nnn:AustinTX10Member
nnn:OperatingLeaseMember
nnn:SevenElevenMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:SevenElevenMember
nnn:AustinTX11Member
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:SevenElevenMember
nnn:AustinTX11Member
2020-01-01
2020-12-31
0000751364
nnn:AustinTX12Member
nnn:OperatingLeaseMember
nnn:SevenElevenMember
2020-12-31
0000751364
nnn:AustinTX12Member
nnn:OperatingLeaseMember
nnn:SevenElevenMember
2020-01-01
2020-12-31
0000751364
nnn:AustinTX13Member
nnn:OperatingLeaseMember
nnn:SevenElevenMember
2020-12-31
0000751364
nnn:AustinTX13Member
nnn:OperatingLeaseMember
nnn:SevenElevenMember
2020-01-01
2020-12-31
0000751364
nnn:AustinTX14Member
nnn:OperatingLeaseMember
nnn:SevenElevenMember
2020-12-31
0000751364
nnn:AustinTX14Member
nnn:OperatingLeaseMember
nnn:SevenElevenMember
2020-01-01
2020-12-31
0000751364
nnn:CedarParkTX2Member
nnn:OperatingLeaseMember
nnn:SevenElevenMember
2020-12-31
0000751364
nnn:CedarParkTX2Member
nnn:OperatingLeaseMember
nnn:SevenElevenMember
2020-01-01
2020-12-31
0000751364
nnn:SanAntonioTX2Member
nnn:OperatingLeaseMember
nnn:SevenElevenMember
2020-12-31
0000751364
nnn:SanAntonioTX2Member
nnn:OperatingLeaseMember
nnn:SevenElevenMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:SanAntonioTX3Member
nnn:SevenElevenMember
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:SanAntonioTX3Member
nnn:SevenElevenMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:SevenElevenMember
nnn:SanAntonioTX4Member
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:SevenElevenMember
nnn:SanAntonioTX4Member
2020-01-01
2020-12-31
0000751364
nnn:SanAntonioTX5Member
nnn:OperatingLeaseMember
nnn:SevenElevenMember
2020-12-31
0000751364
nnn:SanAntonioTX5Member
nnn:OperatingLeaseMember
nnn:SevenElevenMember
2020-01-01
2020-12-31
0000751364
nnn:SanAntonioTX6Member
nnn:OperatingLeaseMember
nnn:SevenElevenMember
2020-12-31
0000751364
nnn:SanAntonioTX6Member
nnn:OperatingLeaseMember
nnn:SevenElevenMember
2020-01-01
2020-12-31
0000751364
nnn:SanAntonioTX7Member
nnn:OperatingLeaseMember
nnn:SevenElevenMember
2020-12-31
0000751364
nnn:SanAntonioTX7Member
nnn:OperatingLeaseMember
nnn:SevenElevenMember
2020-01-01
2020-12-31
0000751364
nnn:SanAntonioTX8Member
nnn:OperatingLeaseMember
nnn:SevenElevenMember
2020-12-31
0000751364
nnn:SanAntonioTX8Member
nnn:OperatingLeaseMember
nnn:SevenElevenMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:SevenElevenMember
nnn:SanAntonioTX9Member
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:SevenElevenMember
nnn:SanAntonioTX9Member
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:SevenElevenMember
nnn:SanAntonioTX10Member
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:SevenElevenMember
nnn:SanAntonioTX10Member
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:SevenElevenMember
nnn:SanAntonioTX11Member
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:SevenElevenMember
nnn:SanAntonioTX11Member
2020-01-01
2020-12-31
0000751364
nnn:SanAntonioTX12Member
nnn:OperatingLeaseMember
nnn:SevenElevenMember
2020-12-31
0000751364
nnn:SanAntonioTX12Member
nnn:OperatingLeaseMember
nnn:SevenElevenMember
2020-01-01
2020-12-31
0000751364
nnn:SanAntonioTX13Member
nnn:OperatingLeaseMember
nnn:SevenElevenMember
2020-12-31
0000751364
nnn:SanAntonioTX13Member
nnn:OperatingLeaseMember
nnn:SevenElevenMember
2020-01-01
2020-12-31
0000751364
nnn:SanAntonioTX14Member
nnn:OperatingLeaseMember
nnn:SevenElevenMember
2020-12-31
0000751364
nnn:SanAntonioTX14Member
nnn:OperatingLeaseMember
nnn:SevenElevenMember
2020-01-01
2020-12-31
0000751364
nnn:SanAntonioTX15Member
nnn:OperatingLeaseMember
nnn:SevenElevenMember
2020-12-31
0000751364
nnn:SanAntonioTX15Member
nnn:OperatingLeaseMember
nnn:SevenElevenMember
2020-01-01
2020-12-31
0000751364
nnn:SanAntonioTX16Member
nnn:OperatingLeaseMember
nnn:SevenElevenMember
2020-12-31
0000751364
nnn:SanAntonioTX16Member
nnn:OperatingLeaseMember
nnn:SevenElevenMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:SevenElevenMember
nnn:UniversalCityTX1Member
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:SevenElevenMember
nnn:UniversalCityTX1Member
2020-01-01
2020-12-31
0000751364
nnn:BelpreOH1Member
nnn:OperatingLeaseMember
nnn:SevenElevenMember
2020-12-31
0000751364
nnn:BelpreOH1Member
nnn:OperatingLeaseMember
nnn:SevenElevenMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:SevenElevenMember
nnn:CharlestonWV1Member
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:SevenElevenMember
nnn:CharlestonWV1Member
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:SevenElevenMember
nnn:CharlestonWV2Member
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:SevenElevenMember
nnn:CharlestonWV2Member
2020-01-01
2020-12-31
0000751364
nnn:ClarksburgWV1Member
nnn:OperatingLeaseMember
nnn:SevenElevenMember
2020-12-31
0000751364
nnn:ClarksburgWV1Member
nnn:OperatingLeaseMember
nnn:SevenElevenMember
2020-01-01
2020-12-31
0000751364
nnn:ManningtonWV1Member
nnn:OperatingLeaseMember
nnn:SevenElevenMember
2020-12-31
0000751364
nnn:ManningtonWV1Member
nnn:OperatingLeaseMember
nnn:SevenElevenMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:SevenElevenMember
nnn:N.BelleVernonPA1Member
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:SevenElevenMember
nnn:N.BelleVernonPA1Member
2020-01-01
2020-12-31
0000751364
nnn:NewCastlePA1Member
nnn:OperatingLeaseMember
nnn:SevenElevenMember
2020-12-31
0000751364
nnn:NewCastlePA1Member
nnn:OperatingLeaseMember
nnn:SevenElevenMember
2020-01-01
2020-12-31
0000751364
nnn:ParkersburgWV1Member
nnn:OperatingLeaseMember
nnn:SevenElevenMember
2020-12-31
0000751364
nnn:ParkersburgWV1Member
nnn:OperatingLeaseMember
nnn:SevenElevenMember
2020-01-01
2020-12-31
0000751364
nnn:ParkersburgWV2Member
nnn:OperatingLeaseMember
nnn:SevenElevenMember
2020-12-31
0000751364
nnn:ParkersburgWV2Member
nnn:OperatingLeaseMember
nnn:SevenElevenMember
2020-01-01
2020-12-31
0000751364
nnn:WestonWV1Member
nnn:OperatingLeaseMember
nnn:SevenElevenMember
2020-12-31
0000751364
nnn:WestonWV1Member
nnn:OperatingLeaseMember
nnn:SevenElevenMember
2020-01-01
2020-12-31
0000751364
nnn:BrownsvilleTX1Member
nnn:SevenElevenSusserStripesMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:BrownsvilleTX1Member
nnn:SevenElevenSusserStripesMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SevenElevenSusserStripesMember
nnn:BrownsvilleTX2Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SevenElevenSusserStripesMember
nnn:BrownsvilleTX2Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SevenElevenSusserStripesMember
nnn:BrownsvilleTX3Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SevenElevenSusserStripesMember
nnn:BrownsvilleTX3Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SevenElevenSusserStripesMember
nnn:OperatingLeaseMember
nnn:BrownsvilleTX4Member
2020-12-31
0000751364
nnn:SevenElevenSusserStripesMember
nnn:OperatingLeaseMember
nnn:BrownsvilleTX4Member
2020-01-01
2020-12-31
0000751364
nnn:SevenElevenSusserStripesMember
nnn:OperatingLeaseMember
nnn:BrownsvilleTX5Member
2020-12-31
0000751364
nnn:SevenElevenSusserStripesMember
nnn:OperatingLeaseMember
nnn:BrownsvilleTX5Member
2020-01-01
2020-12-31
0000751364
nnn:SevenElevenSusserStripesMember
nnn:OperatingLeaseMember
nnn:BrownsvilleTX6Member
2020-12-31
0000751364
nnn:SevenElevenSusserStripesMember
nnn:OperatingLeaseMember
nnn:BrownsvilleTX6Member
2020-01-01
2020-12-31
0000751364
nnn:BrownsvilleTX7Member
nnn:SevenElevenSusserStripesMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:BrownsvilleTX7Member
nnn:SevenElevenSusserStripesMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:BrownsvilleTX8Member
nnn:SevenElevenSusserStripesMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:BrownsvilleTX8Member
nnn:SevenElevenSusserStripesMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:BrownsvilleTX9Member
nnn:SevenElevenSusserStripesMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:BrownsvilleTX9Member
nnn:SevenElevenSusserStripesMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SevenElevenSusserStripesMember
nnn:BrownsvilleTX10Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SevenElevenSusserStripesMember
nnn:BrownsvilleTX10Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:BrownsvilleTX11Member
nnn:SevenElevenSusserStripesMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:BrownsvilleTX11Member
nnn:SevenElevenSusserStripesMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SevenElevenSusserStripesMember
nnn:OperatingLeaseMember
nnn:CorpusChristiTX1Member
2020-12-31
0000751364
nnn:SevenElevenSusserStripesMember
nnn:OperatingLeaseMember
nnn:CorpusChristiTX1Member
2020-01-01
2020-12-31
0000751364
nnn:CorpusChristiTX2Member
nnn:SevenElevenSusserStripesMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:CorpusChristiTX2Member
nnn:SevenElevenSusserStripesMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SevenElevenSusserStripesMember
nnn:CorpusChristiTX3Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SevenElevenSusserStripesMember
nnn:CorpusChristiTX3Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SevenElevenSusserStripesMember
nnn:OperatingLeaseMember
nnn:CorpusChristiTX4Member
2020-12-31
0000751364
nnn:SevenElevenSusserStripesMember
nnn:OperatingLeaseMember
nnn:CorpusChristiTX4Member
2020-01-01
2020-12-31
0000751364
nnn:SevenElevenSusserStripesMember
nnn:OperatingLeaseMember
nnn:CorpusChristiTX5Member
2020-12-31
0000751364
nnn:SevenElevenSusserStripesMember
nnn:OperatingLeaseMember
nnn:CorpusChristiTX5Member
2020-01-01
2020-12-31
0000751364
nnn:SevenElevenSusserStripesMember
nnn:OperatingLeaseMember
nnn:DonnaTX1Member
2020-12-31
0000751364
nnn:SevenElevenSusserStripesMember
nnn:OperatingLeaseMember
nnn:DonnaTX1Member
2020-01-01
2020-12-31
0000751364
nnn:SevenElevenSusserStripesMember
nnn:EdinburgTX1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SevenElevenSusserStripesMember
nnn:EdinburgTX1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:EdinburgTX2Member
nnn:SevenElevenSusserStripesMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:EdinburgTX2Member
nnn:SevenElevenSusserStripesMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FalfuriasTX1Member
nnn:SevenElevenSusserStripesMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FalfuriasTX1Member
nnn:SevenElevenSusserStripesMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SevenElevenSusserStripesMember
nnn:FreerTX1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SevenElevenSusserStripesMember
nnn:FreerTX1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:GeorgeWestTX1Member
nnn:SevenElevenSusserStripesMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:GeorgeWestTX1Member
nnn:SevenElevenSusserStripesMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:HarlingenTX1Member
nnn:SevenElevenSusserStripesMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:HarlingenTX1Member
nnn:SevenElevenSusserStripesMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:HarlingenTX2Member
nnn:SevenElevenSusserStripesMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:HarlingenTX2Member
nnn:SevenElevenSusserStripesMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SevenElevenSusserStripesMember
nnn:HarlingenTX3Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SevenElevenSusserStripesMember
nnn:HarlingenTX3Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SevenElevenSusserStripesMember
nnn:LaFeriaTX1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SevenElevenSusserStripesMember
nnn:LaFeriaTX1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SevenElevenSusserStripesMember
nnn:LaredoTX1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SevenElevenSusserStripesMember
nnn:LaredoTX1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SevenElevenSusserStripesMember
nnn:LaredoTX2Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SevenElevenSusserStripesMember
nnn:LaredoTX2Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SevenElevenSusserStripesMember
nnn:OperatingLeaseMember
nnn:LaredoTX3Member
2020-12-31
0000751364
nnn:SevenElevenSusserStripesMember
nnn:OperatingLeaseMember
nnn:LaredoTX3Member
2020-01-01
2020-12-31
0000751364
nnn:SevenElevenSusserStripesMember
nnn:LaredoTX4Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SevenElevenSusserStripesMember
nnn:LaredoTX4Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SevenElevenSusserStripesMember
nnn:LaredoTX5Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SevenElevenSusserStripesMember
nnn:LaredoTX5Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:LosIndiosTX1Member
nnn:SevenElevenSusserStripesMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:LosIndiosTX1Member
nnn:SevenElevenSusserStripesMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SevenElevenSusserStripesMember
nnn:McAllenTX1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SevenElevenSusserStripesMember
nnn:McAllenTX1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:McAllenTX2Member
nnn:SevenElevenSusserStripesMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:McAllenTX2Member
nnn:SevenElevenSusserStripesMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SevenElevenSusserStripesMember
nnn:OperatingLeaseMember
nnn:MissionTX1Member
2020-12-31
0000751364
nnn:SevenElevenSusserStripesMember
nnn:OperatingLeaseMember
nnn:MissionTX1Member
2020-01-01
2020-12-31
0000751364
nnn:SevenElevenSusserStripesMember
nnn:OperatingLeaseMember
nnn:MissionTX2Member
2020-12-31
0000751364
nnn:SevenElevenSusserStripesMember
nnn:OperatingLeaseMember
nnn:MissionTX2Member
2020-01-01
2020-12-31
0000751364
nnn:SevenElevenSusserStripesMember
nnn:OlmitoTX1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SevenElevenSusserStripesMember
nnn:OlmitoTX1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SevenElevenSusserStripesMember
nnn:PharrTX1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SevenElevenSusserStripesMember
nnn:PharrTX1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SevenElevenSusserStripesMember
nnn:PharrTX2Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SevenElevenSusserStripesMember
nnn:PharrTX2Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SevenElevenSusserStripesMember
nnn:OperatingLeaseMember
nnn:PharrTX3Member
2020-12-31
0000751364
nnn:SevenElevenSusserStripesMember
nnn:OperatingLeaseMember
nnn:PharrTX3Member
2020-01-01
2020-12-31
0000751364
nnn:SevenElevenSusserStripesMember
nnn:OperatingLeaseMember
nnn:PortIsabelTX1Member
2020-12-31
0000751364
nnn:SevenElevenSusserStripesMember
nnn:OperatingLeaseMember
nnn:PortIsabelTX1Member
2020-01-01
2020-12-31
0000751364
nnn:SevenElevenSusserStripesMember
nnn:PortlandTX1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SevenElevenSusserStripesMember
nnn:PortlandTX1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SevenElevenSusserStripesMember
nnn:ProgresoTX1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SevenElevenSusserStripesMember
nnn:ProgresoTX1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SevenElevenSusserStripesMember
nnn:RivieraTX1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SevenElevenSusserStripesMember
nnn:RivieraTX1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SanBenitoTX1Member
nnn:SevenElevenSusserStripesMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SanBenitoTX1Member
nnn:SevenElevenSusserStripesMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SevenElevenSusserStripesMember
nnn:OperatingLeaseMember
nnn:SanBenitoTX2Member
2020-12-31
0000751364
nnn:SevenElevenSusserStripesMember
nnn:OperatingLeaseMember
nnn:SanBenitoTX2Member
2020-01-01
2020-12-31
0000751364
nnn:SevenElevenSusserStripesMember
nnn:OperatingLeaseMember
nnn:SanJuanTX1Member
2020-12-31
0000751364
nnn:SevenElevenSusserStripesMember
nnn:OperatingLeaseMember
nnn:SanJuanTX1Member
2020-01-01
2020-12-31
0000751364
nnn:SevenElevenSusserStripesMember
nnn:SanJuanTX2Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SevenElevenSusserStripesMember
nnn:SanJuanTX2Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SevenElevenSusserStripesMember
nnn:SouthPadreIslandTX1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SevenElevenSusserStripesMember
nnn:SouthPadreIslandTX1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:PalmviewTX1Member
nnn:SevenElevenSusserStripesMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:PalmviewTX1Member
nnn:SevenElevenSusserStripesMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SevenElevenSusserStripesMember
nnn:HarlingenTX4Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SevenElevenSusserStripesMember
nnn:HarlingenTX4Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:RioGrandeCityTXMember
nnn:SevenElevenSusserStripesMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:RioGrandeCityTXMember
nnn:SevenElevenSusserStripesMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SevenElevenSusserStripesMember
nnn:OperatingLeaseMember
nnn:SanJuanTX3Member
2020-12-31
0000751364
nnn:SevenElevenSusserStripesMember
nnn:OperatingLeaseMember
nnn:SanJuanTX3Member
2020-01-01
2020-12-31
0000751364
nnn:SevenElevenSusserStripesMember
nnn:ZapataTX1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SevenElevenSusserStripesMember
nnn:ZapataTX1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SevenElevenSusserStripesMember
nnn:OrangeGroveTX1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SevenElevenSusserStripesMember
nnn:OrangeGroveTX1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SevenElevenSusserStripesMember
nnn:HarlingenTX5Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SevenElevenSusserStripesMember
nnn:HarlingenTX5Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SevenElevenSusserStripesMember
nnn:LaredoTX6Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SevenElevenSusserStripesMember
nnn:LaredoTX6Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SevenElevenSusserStripesMember
nnn:OperatingLeaseMember
nnn:LaredoTX7Member
2020-12-31
0000751364
nnn:SevenElevenSusserStripesMember
nnn:OperatingLeaseMember
nnn:LaredoTX7Member
2020-01-01
2020-12-31
0000751364
nnn:SevenElevenSusserStripesMember
nnn:LaredoTX8Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SevenElevenSusserStripesMember
nnn:LaredoTX8Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SevenElevenSusserStripesMember
nnn:LaredoTX9Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SevenElevenSusserStripesMember
nnn:LaredoTX9Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SevenElevenSusserStripesMember
nnn:LaredoTX10Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SevenElevenSusserStripesMember
nnn:LaredoTX10Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SevenElevenSusserStripesMember
nnn:OperatingLeaseMember
nnn:SanBenitoTX3Member
2020-12-31
0000751364
nnn:SevenElevenSusserStripesMember
nnn:OperatingLeaseMember
nnn:SanBenitoTX3Member
2020-01-01
2020-12-31
0000751364
nnn:DelRioTX1Member
nnn:SevenElevenSusserStripesMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:DelRioTX1Member
nnn:SevenElevenSusserStripesMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SevenElevenSusserStripesMember
nnn:KerrvilleTX1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SevenElevenSusserStripesMember
nnn:KerrvilleTX1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SevenElevenSusserStripesMember
nnn:PharrTX4Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SevenElevenSusserStripesMember
nnn:PharrTX4Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:HarlingenTX6Member
nnn:SevenElevenSusserStripesMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:HarlingenTX6Member
nnn:SevenElevenSusserStripesMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SevenElevenSusserStripesMember
nnn:LaredoTX11Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SevenElevenSusserStripesMember
nnn:LaredoTX11Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SevenElevenSusserStripesMember
nnn:OperatingLeaseMember
nnn:McAllenTX3Member
2020-12-31
0000751364
nnn:SevenElevenSusserStripesMember
nnn:OperatingLeaseMember
nnn:McAllenTX3Member
2020-01-01
2020-12-31
0000751364
nnn:SevenElevenSusserStripesMember
nnn:PortIsabelTX2Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SevenElevenSusserStripesMember
nnn:PortIsabelTX2Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SevenElevenSusserStripesMember
nnn:BrownsvilleTX12Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SevenElevenSusserStripesMember
nnn:BrownsvilleTX12Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SevenElevenSusserStripesMember
nnn:OperatingLeaseMember
nnn:EdinburgTX3Member
2020-12-31
0000751364
nnn:SevenElevenSusserStripesMember
nnn:OperatingLeaseMember
nnn:EdinburgTX3Member
2020-01-01
2020-12-31
0000751364
nnn:LaVillaTX1Member
nnn:SevenElevenSusserStripesMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:LaVillaTX1Member
nnn:SevenElevenSusserStripesMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SevenElevenSusserStripesMember
nnn:OperatingLeaseMember
nnn:LaredoTX12Member
2020-12-31
0000751364
nnn:SevenElevenSusserStripesMember
nnn:OperatingLeaseMember
nnn:LaredoTX12Member
2020-01-01
2020-12-31
0000751364
nnn:SevenElevenSusserStripesMember
nnn:LaredoTX13Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SevenElevenSusserStripesMember
nnn:LaredoTX13Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SevenElevenSusserStripesMember
nnn:McAllenTX4Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SevenElevenSusserStripesMember
nnn:McAllenTX4Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AbraAutoBodyMember
nnn:BelmontNC1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AbraAutoBodyMember
nnn:BelmontNC1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AcademyMember
nnn:OperatingLeaseMember
nnn:FranklinTN1Member
2020-12-31
0000751364
nnn:AcademyMember
nnn:OperatingLeaseMember
nnn:FranklinTN1Member
2020-01-01
2020-12-31
0000751364
nnn:BatonRougeLA1Member
nnn:AcademyMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:BatonRougeLA1Member
nnn:AcademyMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AceHardwareandLightingMember
nnn:BourbonnaisIL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AceHardwareandLightingMember
nnn:BourbonnaisIL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:CarrolltonTX1Member
nnn:ActionGypsumSupplyMember
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:CarrolltonTX1Member
nnn:ActionGypsumSupplyMember
2020-01-01
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:MiamiFL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:MiamiFL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:OperatingLeaseMember
nnn:AbbevilleLA1Member
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:OperatingLeaseMember
nnn:AbbevilleLA1Member
2020-01-01
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:AbbotsfordWI1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:AbbotsfordWI1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AddisonIL1Member
nnn:AdvanceAutoPartsMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AddisonIL1Member
nnn:AdvanceAutoPartsMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:AlsipIL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:AlsipIL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AntigoWI1Member
nnn:AdvanceAutoPartsMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AntigoWI1Member
nnn:AdvanceAutoPartsMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:ArdenNC1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:ArdenNC1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:BangorME1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:BangorME1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:BartlettTN1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:BartlettTN1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:BrunswickME1Member
nnn:AdvanceAutoPartsMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:BrunswickME1Member
nnn:AdvanceAutoPartsMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:BucksportME1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:BucksportME1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:CarolStreamIL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:CarolStreamIL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:ChicagoIL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:ChicagoIL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:ChippewaFallsWI1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:ChippewaFallsWI1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:DevilsLakeND1Member
nnn:AdvanceAutoPartsMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:DevilsLakeND1Member
nnn:AdvanceAutoPartsMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:DodgeCityKS1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:DodgeCityKS1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:EauClaireWI1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:EauClaireWI1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:OperatingLeaseMember
nnn:ElginIL1Member
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:OperatingLeaseMember
nnn:ElginIL1Member
2020-01-01
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:OperatingLeaseMember
nnn:EscanabaMI1Member
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:OperatingLeaseMember
nnn:EscanabaMI1Member
2020-01-01
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:GreenvilleOH1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:GreenvilleOH1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:OperatingLeaseMember
nnn:HaywardWI1Member
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:OperatingLeaseMember
nnn:HaywardWI1Member
2020-01-01
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:OperatingLeaseMember
nnn:HoultonME1Member
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:OperatingLeaseMember
nnn:HoultonME1Member
2020-01-01
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:IrvingTX1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:IrvingTX1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:KennedaleTX1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:KennedaleTX1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:LaurelMS1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:LaurelMS1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:MadisonTN1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:MadisonTN1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:OperatingLeaseMember
nnn:MadisonWI1Member
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:OperatingLeaseMember
nnn:MadisonWI1Member
2020-01-01
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:OperatingLeaseMember
nnn:MarshfieldWI1Member
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:OperatingLeaseMember
nnn:MarshfieldWI1Member
2020-01-01
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:MedfordWI1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:MedfordWI1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:MidlandTX1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:MidlandTX1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:OperatingLeaseMember
nnn:MontelloWI1Member
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:OperatingLeaseMember
nnn:MontelloWI1Member
2020-01-01
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:OperatingLeaseMember
nnn:NeillsvilleWI1Member
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:OperatingLeaseMember
nnn:NeillsvilleWI1Member
2020-01-01
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:OcalaFL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:OcalaFL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:OperatingLeaseMember
nnn:PhillipsWI1Member
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:OperatingLeaseMember
nnn:PhillipsWI1Member
2020-01-01
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:RhinelanderWI1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:RhinelanderWI1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:OperatingLeaseMember
nnn:RiverFallsWI1Member
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:OperatingLeaseMember
nnn:RiverFallsWI1Member
2020-01-01
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:RockfordIL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:RockfordIL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:SchofieldWI1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:SchofieldWI1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:OperatingLeaseMember
nnn:SpokaneWA1Member
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:OperatingLeaseMember
nnn:SpokaneWA1Member
2020-01-01
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:SpokaneWA2Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:SpokaneWA2Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:St.PeterMNMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:St.PeterMNMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:StaytonOR1Member
nnn:AdvanceAutoPartsMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:StaytonOR1Member
nnn:AdvanceAutoPartsMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:StevensPointWI1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:StevensPointWI1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:ThorntonCO1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:ThorntonCO1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:OperatingLeaseMember
nnn:TroyAL1Member
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:OperatingLeaseMember
nnn:TroyAL1Member
2020-01-01
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:WausauWI1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:WausauWI1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:WautomaWI1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:WautomaWI1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:WestColumbiaSC1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:WestColumbiaSC1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:WestMemphisAR1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:WestMemphisAR1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:WindomMN1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:WindomMN1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:WisconsinRapidsWI1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:WisconsinRapidsWI1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:YakimaWA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:YakimaWA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:AuroraIL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:AuroraIL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:EagleRiverWI1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:EagleRiverWI1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:LexingtonKY1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:LexingtonKY1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:MobileAL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:MobileAL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:FairmontMN1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:FairmontMN1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:SycamoreIL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:SycamoreIL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:OrchardParkNY1Member
nnn:AdvanceAutoPartsMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:OrchardParkNY1Member
nnn:AdvanceAutoPartsMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:MorrisvilleNC1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:MorrisvilleNC1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:SaltLakeCityUT1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:SaltLakeCityUT1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:CrestviewFL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:CrestviewFL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:DepewNY1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:DepewNY1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:ShermanTX1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:ShermanTX1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:RichmondVA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AdvanceAutoPartsMember
nnn:RichmondVA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:JacksonvilleBeachFL1Member
nnn:AdventureLandingMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:JacksonvilleBeachFL1Member
nnn:AdventureLandingMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:JacksonvilleFL1Member
nnn:AdventureLandingMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:JacksonvilleFL1Member
nnn:AdventureLandingMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AdventureLandingMember
nnn:OperatingLeaseMember
nnn:RaleighNC1Member
2020-12-31
0000751364
nnn:AdventureLandingMember
nnn:OperatingLeaseMember
nnn:RaleighNC1Member
2020-01-01
2020-12-31
0000751364
nnn:St.AugustineFL1Member
nnn:AdventureLandingMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:St.AugustineFL1Member
nnn:AdventureLandingMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AdventureLandingMember
nnn:TonawandaNY1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AdventureLandingMember
nnn:TonawandaNY1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:AshevilleNC1Member
nnn:AffordableCareMember
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:AshevilleNC1Member
nnn:AffordableCareMember
2020-01-01
2020-12-31
0000751364
nnn:ConoverNC1Member
nnn:OperatingLeaseMember
nnn:AffordableCareMember
2020-12-31
0000751364
nnn:ConoverNC1Member
nnn:OperatingLeaseMember
nnn:AffordableCareMember
2020-01-01
2020-12-31
0000751364
nnn:PolandOH1Member
nnn:OperatingLeaseMember
nnn:AffordableCareMember
2020-12-31
0000751364
nnn:PolandOH1Member
nnn:OperatingLeaseMember
nnn:AffordableCareMember
2020-01-01
2020-12-31
0000751364
nnn:WilmingtonNC1Member
nnn:OperatingLeaseMember
nnn:AffordableCareMember
2020-12-31
0000751364
nnn:WilmingtonNC1Member
nnn:OperatingLeaseMember
nnn:AffordableCareMember
2020-01-01
2020-12-31
0000751364
nnn:AlbuquerqueNM1Member
nnn:AhernRentalsMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AlbuquerqueNM1Member
nnn:AhernRentalsMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AhernRentalsMember
nnn:ArlingtonWA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AhernRentalsMember
nnn:ArlingtonWA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AhernRentalsMember
nnn:BloomfieldCT1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AhernRentalsMember
nnn:BloomfieldCT1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AhernRentalsMember
nnn:CedarCityUT1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AhernRentalsMember
nnn:CedarCityUT1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AhernRentalsMember
nnn:CharlotteNC1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AhernRentalsMember
nnn:CharlotteNC1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AhernRentalsMember
nnn:OperatingLeaseMember
nnn:ColoradoSpringsCO1Member
2020-12-31
0000751364
nnn:AhernRentalsMember
nnn:OperatingLeaseMember
nnn:ColoradoSpringsCO1Member
2020-01-01
2020-12-31
0000751364
nnn:AhernRentalsMember
nnn:DeerParkNY1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AhernRentalsMember
nnn:DeerParkNY1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AhernRentalsMember
nnn:OperatingLeaseMember
nnn:ElPasoTX1Member
2020-12-31
0000751364
nnn:AhernRentalsMember
nnn:OperatingLeaseMember
nnn:ElPasoTX1Member
2020-01-01
2020-12-31
0000751364
nnn:AhernRentalsMember
nnn:FifeWA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AhernRentalsMember
nnn:FifeWA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AhernRentalsMember
nnn:FranksvilleWI1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AhernRentalsMember
nnn:FranksvilleWI1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:HoustonTX1Member
nnn:AhernRentalsMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:HoustonTX1Member
nnn:AhernRentalsMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AhernRentalsMember
nnn:IrvingTX1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AhernRentalsMember
nnn:IrvingTX1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AhernRentalsMember
nnn:OperatingLeaseMember
nnn:KansasCityKS1Member
2020-12-31
0000751364
nnn:AhernRentalsMember
nnn:OperatingLeaseMember
nnn:KansasCityKS1Member
2020-01-01
2020-12-31
0000751364
nnn:AhernRentalsMember
nnn:KennesawGA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AhernRentalsMember
nnn:KennesawGA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AhernRentalsMember
nnn:LakeDallasTXMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AhernRentalsMember
nnn:LakeDallasTXMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AhernRentalsMember
nnn:LubbockTX1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AhernRentalsMember
nnn:LubbockTX1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AhernRentalsMember
nnn:OperatingLeaseMember
nnn:OklahomaCityOK1Member
2020-12-31
0000751364
nnn:AhernRentalsMember
nnn:OperatingLeaseMember
nnn:OklahomaCityOK1Member
2020-01-01
2020-12-31
0000751364
nnn:AhernRentalsMember
nnn:RichfieldUT1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AhernRentalsMember
nnn:RichfieldUT1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AhernRentalsMember
nnn:SacramentoCA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AhernRentalsMember
nnn:SacramentoCA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AhernRentalsMember
nnn:SaltLakeCityUT1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AhernRentalsMember
nnn:SaltLakeCityUT1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AhernRentalsMember
nnn:TampaFL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AhernRentalsMember
nnn:TampaFL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AhernRentalsMember
nnn:WacoTX1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AhernRentalsMember
nnn:WacoTX1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AhernRentalsMember
nnn:OperatingLeaseMember
nnn:WinstonSalemNC1Member
2020-12-31
0000751364
nnn:AhernRentalsMember
nnn:OperatingLeaseMember
nnn:WinstonSalemNC1Member
2020-01-01
2020-12-31
0000751364
nnn:AjuuaMexicanRestaurantMember
nnn:AuroraCO1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AjuuaMexicanRestaurantMember
nnn:AuroraCO1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:CutlerBayFL1Member
nnn:OperatingLeaseMember
nnn:AldiMember
2020-12-31
0000751364
nnn:CutlerBayFL1Member
nnn:OperatingLeaseMember
nnn:AldiMember
2020-01-01
2020-12-31
0000751364
nnn:AllStarSportsMember
nnn:WichitaKS1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AllStarSportsMember
nnn:WichitaKS1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AllStarSportsMember
nnn:WichitaKS2Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AllStarSportsMember
nnn:WichitaKS2Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AbileneTX1Member
nnn:AllsupsMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AbileneTX1Member
nnn:AllsupsMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AllsupsMember
nnn:OperatingLeaseMember
nnn:AbileneTX2Member
2020-12-31
0000751364
nnn:AllsupsMember
nnn:OperatingLeaseMember
nnn:AbileneTX2Member
2020-01-01
2020-12-31
0000751364
nnn:AbileneTX3Member
nnn:AllsupsMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AbileneTX3Member
nnn:AllsupsMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ArtesiaNM1Member
nnn:AllsupsMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ArtesiaNM1Member
nnn:AllsupsMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AzleTX1Member
nnn:AllsupsMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AzleTX1Member
nnn:AllsupsMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:BowieTX1Member
nnn:AllsupsMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:BowieTX1Member
nnn:AllsupsMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:BrownwoodTX1Member
nnn:AllsupsMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:BrownwoodTX1Member
nnn:AllsupsMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:CanyonTX1Member
nnn:AllsupsMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:CanyonTX1Member
nnn:AllsupsMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AllsupsMember
nnn:CarlsbadNM1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AllsupsMember
nnn:CarlsbadNM1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AllsupsMember
nnn:OperatingLeaseMember
nnn:CarlsbadNM2Member
2020-12-31
0000751364
nnn:AllsupsMember
nnn:OperatingLeaseMember
nnn:CarlsbadNM2Member
2020-01-01
2020-12-31
0000751364
nnn:CarlsbadNM3Member
nnn:AllsupsMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:CarlsbadNM3Member
nnn:AllsupsMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AllsupsMember
nnn:CiscoTX1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AllsupsMember
nnn:CiscoTX1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ClarendonTX1Member
nnn:AllsupsMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ClarendonTX1Member
nnn:AllsupsMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ClovisNM1Member
nnn:AllsupsMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ClovisNM1Member
nnn:AllsupsMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ClovisNM2Member
nnn:AllsupsMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ClovisNM2Member
nnn:AllsupsMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ComancheTX1Member
nnn:AllsupsMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ComancheTX1Member
nnn:AllsupsMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:DenverCityTX1Member
nnn:AllsupsMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:DenverCityTX1Member
nnn:AllsupsMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FrionaTX1Member
nnn:AllsupsMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FrionaTX1Member
nnn:AllsupsMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:HobbsNM1Member
nnn:AllsupsMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:HobbsNM1Member
nnn:AllsupsMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AllsupsMember
nnn:HobbsNM2Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AllsupsMember
nnn:HobbsNM2Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:HobbsNM3Member
nnn:AllsupsMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:HobbsNM3Member
nnn:AllsupsMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:HobbsNM4Member
nnn:AllsupsMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:HobbsNM4Member
nnn:AllsupsMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:LovingtonNM1Member
nnn:AllsupsMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:LovingtonNM1Member
nnn:AllsupsMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AllsupsMember
nnn:OperatingLeaseMember
nnn:LovingtonNM2Member
2020-12-31
0000751364
nnn:AllsupsMember
nnn:OperatingLeaseMember
nnn:LovingtonNM2Member
2020-01-01
2020-12-31
0000751364
nnn:AllsupsMember
nnn:OperatingLeaseMember
nnn:PlainsTX1Member
2020-12-31
0000751364
nnn:AllsupsMember
nnn:OperatingLeaseMember
nnn:PlainsTX1Member
2020-01-01
2020-12-31
0000751364
nnn:PlainviewTX1Member
nnn:AllsupsMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:PlainviewTX1Member
nnn:AllsupsMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AllsupsMember
nnn:OperatingLeaseMember
nnn:PortalesNM1Member
2020-12-31
0000751364
nnn:AllsupsMember
nnn:OperatingLeaseMember
nnn:PortalesNM1Member
2020-01-01
2020-12-31
0000751364
nnn:RioRanchoNM1Member
nnn:AllsupsMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:RioRanchoNM1Member
nnn:AllsupsMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:RoswellNM1Member
nnn:AllsupsMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:RoswellNM1Member
nnn:AllsupsMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SanAngeloTX1Member
nnn:AllsupsMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SanAngeloTX1Member
nnn:AllsupsMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SanAngeloTX2Member
nnn:AllsupsMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SanAngeloTX2Member
nnn:AllsupsMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SantaFeNM1Member
nnn:AllsupsMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SantaFeNM1Member
nnn:AllsupsMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SantaFeNM2Member
nnn:AllsupsMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SantaFeNM2Member
nnn:AllsupsMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SilvertonTX1Member
nnn:AllsupsMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SilvertonTX1Member
nnn:AllsupsMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SnyderTXMember
nnn:AllsupsMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SnyderTXMember
nnn:AllsupsMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AllsupsMember
nnn:OperatingLeaseMember
nnn:StephenvilleTX1Member
2020-12-31
0000751364
nnn:AllsupsMember
nnn:OperatingLeaseMember
nnn:StephenvilleTX1Member
2020-01-01
2020-12-31
0000751364
nnn:AllsupsMember
nnn:OperatingLeaseMember
nnn:StephenvilleTX2Member
2020-12-31
0000751364
nnn:AllsupsMember
nnn:OperatingLeaseMember
nnn:StephenvilleTX2Member
2020-01-01
2020-12-31
0000751364
nnn:AMCTheatreMember
nnn:BloomingtonIN1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AMCTheatreMember
nnn:BloomingtonIN1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:BrightonCO1Member
nnn:AMCTheatreMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:BrightonCO1Member
nnn:AMCTheatreMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:CastleRockCO1Member
nnn:AMCTheatreMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:CastleRockCO1Member
nnn:AMCTheatreMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:EvansvilleIN1Member
nnn:AMCTheatreMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:EvansvilleIN1Member
nnn:AMCTheatreMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:GalesburgIL1Member
nnn:AMCTheatreMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:GalesburgIL1Member
nnn:AMCTheatreMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MachesneyParkIL1Member
nnn:AMCTheatreMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MachesneyParkIL1Member
nnn:AMCTheatreMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MichiganCityIN1Member
nnn:AMCTheatreMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MichiganCityIN1Member
nnn:AMCTheatreMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AMCTheatreMember
nnn:MuncieIN1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AMCTheatreMember
nnn:MuncieIN1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:NapervilleIL1Member
nnn:AMCTheatreMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:NapervilleIL1Member
nnn:AMCTheatreMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:NewLenoxIL1Member
nnn:AMCTheatreMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:NewLenoxIL1Member
nnn:AMCTheatreMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AMCTheatreMember
nnn:ChicagoIL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AMCTheatreMember
nnn:ChicagoIL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:JohnsonCreekWI1Member
nnn:AMCTheatreMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:JohnsonCreekWI1Member
nnn:AMCTheatreMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:LakeDeltonWI1Member
nnn:AMCTheatreMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:LakeDeltonWI1Member
nnn:AMCTheatreMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AMCTheatreMember
nnn:QuincyIL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AMCTheatreMember
nnn:QuincyIL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AMCTheatreMember
nnn:OperatingLeaseMember
nnn:ScherervilleIN1Member
2020-12-31
0000751364
nnn:AMCTheatreMember
nnn:OperatingLeaseMember
nnn:ScherervilleIN1Member
2020-01-01
2020-12-31
0000751364
nnn:FayettevilleNC1Member
nnn:AMCTheatreMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FayettevilleNC1Member
nnn:AMCTheatreMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AlbuquerqueNM1Member
nnn:AMCTheatreMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AlbuquerqueNM1Member
nnn:AMCTheatreMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:WestJordanUT1Member
nnn:AMCTheatreMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:WestJordanUT1Member
nnn:AMCTheatreMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MobileAL1Member
nnn:OperatingLeaseMember
nnn:AmericanFamilyCareMember
2020-12-31
0000751364
nnn:MobileAL1Member
nnn:OperatingLeaseMember
nnn:AmericanFamilyCareMember
2020-01-01
2020-12-31
0000751364
nnn:AlcoaTN1Member
nnn:OperatingLeaseMember
nnn:AmericanFamilyCareMember
2020-12-31
0000751364
nnn:AlcoaTN1Member
nnn:OperatingLeaseMember
nnn:AmericanFamilyCareMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:AmericanFamilyCareMember
nnn:CullmanAL1Member
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:AmericanFamilyCareMember
nnn:CullmanAL1Member
2020-01-01
2020-12-31
0000751364
nnn:DecaturAL1Member
nnn:OperatingLeaseMember
nnn:AmericanFamilyCareMember
2020-12-31
0000751364
nnn:DecaturAL1Member
nnn:OperatingLeaseMember
nnn:AmericanFamilyCareMember
2020-01-01
2020-12-31
0000751364
nnn:NashvilleTN1Member
nnn:OperatingLeaseMember
nnn:AmericanFamilyCareMember
2020-12-31
0000751364
nnn:NashvilleTN1Member
nnn:OperatingLeaseMember
nnn:AmericanFamilyCareMember
2020-01-01
2020-12-31
0000751364
nnn:PaceFL1Member
nnn:OperatingLeaseMember
nnn:AmericanFamilyCareMember
2020-12-31
0000751364
nnn:PaceFL1Member
nnn:OperatingLeaseMember
nnn:AmericanFamilyCareMember
2020-01-01
2020-12-31
0000751364
nnn:WoodstockGA1Member
nnn:OperatingLeaseMember
nnn:AmericanFamilyCareMember
2020-12-31
0000751364
nnn:WoodstockGA1Member
nnn:OperatingLeaseMember
nnn:AmericanFamilyCareMember
2020-01-01
2020-12-31
0000751364
nnn:FairhopeAL1Member
nnn:OperatingLeaseMember
nnn:AmericanFamilyCareMember
2020-12-31
0000751364
nnn:FairhopeAL1Member
nnn:OperatingLeaseMember
nnn:AmericanFamilyCareMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:AmericanFamilyCareMember
nnn:DothanAL1Member
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:AmericanFamilyCareMember
nnn:DothanAL1Member
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:AmericanFamilyCareMember
nnn:AuburnALMember
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:AmericanFamilyCareMember
nnn:AuburnALMember
2020-01-01
2020-12-31
0000751364
nnn:MiltonGA1Member
nnn:OperatingLeaseMember
nnn:AmericanFamilyCareMember
2020-12-31
0000751364
nnn:MiltonGA1Member
nnn:OperatingLeaseMember
nnn:AmericanFamilyCareMember
2020-01-01
2020-12-31
0000751364
nnn:RoswellGA1Member
nnn:OperatingLeaseMember
nnn:AmericanFamilyCareMember
2020-12-31
0000751364
nnn:RoswellGA1Member
nnn:OperatingLeaseMember
nnn:AmericanFamilyCareMember
2020-01-01
2020-12-31
0000751364
nnn:MariettaGA1Member
nnn:OperatingLeaseMember
nnn:AmericanFamilyCareMember
2020-12-31
0000751364
nnn:MariettaGA1Member
nnn:OperatingLeaseMember
nnn:AmericanFamilyCareMember
2020-01-01
2020-12-31
0000751364
nnn:Mt.JulietTN1Member
nnn:OperatingLeaseMember
nnn:AmericanFamilyCareMember
2020-12-31
0000751364
nnn:Mt.JulietTN1Member
nnn:OperatingLeaseMember
nnn:AmericanFamilyCareMember
2020-01-01
2020-12-31
0000751364
nnn:ChattanoogaTN1Member
nnn:OperatingLeaseMember
nnn:AmericanFamilyCareMember
2020-12-31
0000751364
nnn:ChattanoogaTN1Member
nnn:OperatingLeaseMember
nnn:AmericanFamilyCareMember
2020-01-01
2020-12-31
0000751364
nnn:ColumbusGA1Member
nnn:OperatingLeaseMember
nnn:AmericanFamilyCareMember
2020-12-31
0000751364
nnn:ColumbusGA1Member
nnn:OperatingLeaseMember
nnn:AmericanFamilyCareMember
2020-01-01
2020-12-31
0000751364
nnn:BirminghamAL1Member
nnn:OperatingLeaseMember
nnn:AmericanFamilyCareMember
2020-12-31
0000751364
nnn:BirminghamAL1Member
nnn:OperatingLeaseMember
nnn:AmericanFamilyCareMember
2020-01-01
2020-12-31
0000751364
nnn:HendersonvilleTN1Member
nnn:OperatingLeaseMember
nnn:AmericanFamilyCareMember
2020-12-31
0000751364
nnn:HendersonvilleTN1Member
nnn:OperatingLeaseMember
nnn:AmericanFamilyCareMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:AmericanFamilyCareMember
nnn:CaleraAL1Member
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:AmericanFamilyCareMember
nnn:CaleraAL1Member
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:AmericanFamilyCareMember
nnn:SpringHillTN1Member
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:AmericanFamilyCareMember
nnn:SpringHillTN1Member
2020-01-01
2020-12-31
0000751364
nnn:AthensAL1Member
nnn:OperatingLeaseMember
nnn:AmericanFamilyCareMember
2020-12-31
0000751364
nnn:AthensAL1Member
nnn:OperatingLeaseMember
nnn:AmericanFamilyCareMember
2020-01-01
2020-12-31
0000751364
nnn:PanamaCityBeachFL1Member
nnn:OperatingLeaseMember
nnn:AmericanFamilyCareMember
2020-12-31
0000751364
nnn:PanamaCityBeachFL1Member
nnn:OperatingLeaseMember
nnn:AmericanFamilyCareMember
2020-01-01
2020-12-31
0000751364
nnn:GadsdenAL1Member
nnn:OperatingLeaseMember
nnn:AmericanFamilyCareMember
2020-12-31
0000751364
nnn:GadsdenAL1Member
nnn:OperatingLeaseMember
nnn:AmericanFamilyCareMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:AmericanFamilyCareMember
nnn:KnoxvilleTN1Member
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:AmericanFamilyCareMember
nnn:KnoxvilleTN1Member
2020-01-01
2020-12-31
0000751364
nnn:FortOglethorpeGA1Member
nnn:OperatingLeaseMember
nnn:AmericanFamilyCareMember
2020-12-31
0000751364
nnn:FortOglethorpeGA1Member
nnn:OperatingLeaseMember
nnn:AmericanFamilyCareMember
2020-01-01
2020-12-31
0000751364
nnn:EnterpriseAL1Member
nnn:OperatingLeaseMember
nnn:AmericanFamilyCareMember
2020-12-31
0000751364
nnn:EnterpriseAL1Member
nnn:OperatingLeaseMember
nnn:AmericanFamilyCareMember
2020-01-01
2020-12-31
0000751364
nnn:AmericanFreightMember
nnn:GlenAllenVA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AmericanFreightMember
nnn:GlenAllenVA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:LincolnCityOR1Member
nnn:OperatingLeaseMember
nnn:AmericanRetailServiceMember
2020-12-31
0000751364
nnn:LincolnCityOR1Member
nnn:OperatingLeaseMember
nnn:AmericanRetailServiceMember
2020-01-01
2020-12-31
0000751364
nnn:SalemOR1Member
nnn:OperatingLeaseMember
nnn:AmericanRetailServiceMember
2020-12-31
0000751364
nnn:SalemOR1Member
nnn:OperatingLeaseMember
nnn:AmericanRetailServiceMember
2020-01-01
2020-12-31
0000751364
nnn:YumaAZ1Member
nnn:OperatingLeaseMember
nnn:AmericanRetailServiceMember
2020-12-31
0000751364
nnn:YumaAZ1Member
nnn:OperatingLeaseMember
nnn:AmericanRetailServiceMember
2020-01-01
2020-12-31
0000751364
nnn:AppletonWI1Member
nnn:AmericanWeldingGasMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AppletonWI1Member
nnn:AmericanWeldingGasMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MiamiFL1Member
nnn:OperatingLeaseMember
nnn:AmocoMember
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:SunriseFL1Member
nnn:AmocoMember
2020-12-31
0000751364
nnn:DeerfieldBeachFL1Member
nnn:OperatingLeaseMember
nnn:AmocoMember
2020-12-31
0000751364
nnn:DeerfieldBeachFL1Member
nnn:OperatingLeaseMember
nnn:AmocoMember
2020-01-01
2020-12-31
0000751364
nnn:AmscotMember
nnn:TampaFL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AmscotMember
nnn:TampaFL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AmscotMember
nnn:OrlandoFL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AmscotMember
nnn:OrlandoFL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AmscotMember
nnn:OperatingLeaseMember
nnn:OrlandoFL2Member
2020-12-31
0000751364
nnn:AmscotMember
nnn:OperatingLeaseMember
nnn:OrlandoFL2Member
2020-01-01
2020-12-31
0000751364
nnn:AmscotMember
nnn:OrlandoFL3Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AmscotMember
nnn:OrlandoFL3Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AmscotMember
nnn:OrlandoFL4Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AmscotMember
nnn:OrlandoFL4Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ClearwaterFL1Member
nnn:AmscotMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ClearwaterFL1Member
nnn:AmscotMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:LakewoodWA1Member
nnn:OperatingLeaseMember
nnn:AntojoMexicanGrilleMember
2020-12-31
0000751364
nnn:LakewoodWA1Member
nnn:OperatingLeaseMember
nnn:AntojoMexicanGrilleMember
2020-01-01
2020-12-31
0000751364
nnn:BallwinMO1Member
nnn:ApplebeesMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:BallwinMO1Member
nnn:ApplebeesMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ApplebeesMember
nnn:OperatingLeaseMember
nnn:CrestviewHillsKYMember
2020-12-31
0000751364
nnn:ApplebeesMember
nnn:OperatingLeaseMember
nnn:CrestviewHillsKYMember
2020-01-01
2020-12-31
0000751364
nnn:DanvilleKYMember
nnn:ApplebeesMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:DanvilleKYMember
nnn:ApplebeesMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ApplebeesMember
nnn:OperatingLeaseMember
nnn:FlorenceKY1Member
2020-12-31
0000751364
nnn:ApplebeesMember
nnn:OperatingLeaseMember
nnn:FlorenceKY1Member
2020-01-01
2020-12-31
0000751364
nnn:ApplebeesMember
nnn:OperatingLeaseMember
nnn:FrankfortKY1Member
2020-12-31
0000751364
nnn:ApplebeesMember
nnn:OperatingLeaseMember
nnn:FrankfortKY1Member
2020-01-01
2020-12-31
0000751364
nnn:GeorgetownKY1Member
nnn:ApplebeesMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:GeorgetownKY1Member
nnn:ApplebeesMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:HilliardOH1Member
nnn:ApplebeesMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:HilliardOH1Member
nnn:ApplebeesMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MaysvilleKY1Member
nnn:ApplebeesMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MaysvilleKY1Member
nnn:ApplebeesMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ApplebeesMember
nnn:NicholasvilleKY1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ApplebeesMember
nnn:NicholasvilleKY1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TroyOH1Member
nnn:ApplebeesMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TroyOH1Member
nnn:ApplebeesMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:GroveCityOH1Member
nnn:ApplebeesMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:GroveCityOH1Member
nnn:ApplebeesMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ApplebeesMember
nnn:KetteringOH1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ApplebeesMember
nnn:KetteringOH1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MesaAZ1Member
nnn:ApplebeesMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MesaAZ1Member
nnn:ApplebeesMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:Mt.SterlingKY1Member
nnn:ApplebeesMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:Mt.SterlingKY1Member
nnn:ApplebeesMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:PhoenixAZ1Member
nnn:ApplebeesMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:PhoenixAZ1Member
nnn:ApplebeesMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:PhoenixAZ2Member
nnn:ApplebeesMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:PhoenixAZ2Member
nnn:ApplebeesMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ApplebeesMember
nnn:OperatingLeaseMember
nnn:AngolaIN1Member
2020-12-31
0000751364
nnn:ApplebeesMember
nnn:OperatingLeaseMember
nnn:AngolaIN1Member
2020-01-01
2020-12-31
0000751364
nnn:ArbysMember
nnn:OperatingLeaseMember
nnn:ColoradoSpringsCO1Member
2020-12-31
0000751364
nnn:ArbysMember
nnn:OperatingLeaseMember
nnn:ColoradoSpringsCO1Member
2020-01-01
2020-12-31
0000751364
nnn:ThomsonGA2Member
nnn:ArbysMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ThomsonGA2Member
nnn:ArbysMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ArbysMember
nnn:WashingtonCourthouseOH1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ArbysMember
nnn:WashingtonCourthouseOH1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ArbysMember
nnn:OperatingLeaseMember
nnn:WhitmoreLakeMI1Member
2020-12-31
0000751364
nnn:ArbysMember
nnn:OperatingLeaseMember
nnn:WhitmoreLakeMI1Member
2020-01-01
2020-12-31
0000751364
nnn:ArbysMember
nnn:OperatingLeaseMember
nnn:IndianapolisIN1Member
2020-12-31
0000751364
nnn:ArbysMember
nnn:OperatingLeaseMember
nnn:IndianapolisIN1Member
2020-01-01
2020-12-31
0000751364
nnn:ArbysMember
nnn:IndianapolisIN2Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ArbysMember
nnn:IndianapolisIN2Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ArbysMember
nnn:MadisonGA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ArbysMember
nnn:MadisonGA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ArbysMember
nnn:MuncieIN1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ArbysMember
nnn:MuncieIN1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ArbysMember
nnn:GordonsvilleTN1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ArbysMember
nnn:GordonsvilleTN1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ArbysMember
nnn:OperatingLeaseMember
nnn:AdaOK1Member
2020-12-31
0000751364
nnn:ArbysMember
nnn:OperatingLeaseMember
nnn:AdaOK1Member
2020-01-01
2020-12-31
0000751364
nnn:ArbysMember
nnn:OperatingLeaseMember
nnn:AltusOK1Member
2020-12-31
0000751364
nnn:ArbysMember
nnn:OperatingLeaseMember
nnn:AltusOK1Member
2020-01-01
2020-12-31
0000751364
nnn:ArbysMember
nnn:OperatingLeaseMember
nnn:ArdmoreOK1Member
2020-12-31
0000751364
nnn:ArbysMember
nnn:OperatingLeaseMember
nnn:ArdmoreOK1Member
2020-01-01
2020-12-31
0000751364
nnn:ArbysMember
nnn:ArkansasCityKS1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ArbysMember
nnn:ArkansasCityKS1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ArbysMember
nnn:BentonvilleAR1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ArbysMember
nnn:BentonvilleAR1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ArbysMember
nnn:BoonvilleMO1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ArbysMember
nnn:BoonvilleMO1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ArbysMember
nnn:BrokenArrowOK1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ArbysMember
nnn:BrokenArrowOK1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ArbysMember
nnn:OperatingLeaseMember
nnn:BrokenArrowOK2Member
2020-12-31
0000751364
nnn:ArbysMember
nnn:OperatingLeaseMember
nnn:BrokenArrowOK2Member
2020-01-01
2020-12-31
0000751364
nnn:ArbysMember
nnn:CabotAR1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ArbysMember
nnn:CabotAR1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ChoctawOK1Member
nnn:ArbysMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ChoctawOK1Member
nnn:ArbysMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ArbysMember
nnn:ClaremoreOK1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ArbysMember
nnn:ClaremoreOK1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ArbysMember
nnn:ClintonMO1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ArbysMember
nnn:ClintonMO1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ArbysMember
nnn:OperatingLeaseMember
nnn:CoffeyvilleKS1Member
2020-12-31
0000751364
nnn:ArbysMember
nnn:OperatingLeaseMember
nnn:CoffeyvilleKS1Member
2020-01-01
2020-12-31
0000751364
nnn:ArbysMember
nnn:OperatingLeaseMember
nnn:ColoradoSpringsCO2Member
2020-12-31
0000751364
nnn:ArbysMember
nnn:OperatingLeaseMember
nnn:ColoradoSpringsCO2Member
2020-01-01
2020-12-31
0000751364
nnn:ConcordiaKS1Member
nnn:ArbysMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ConcordiaKS1Member
nnn:ArbysMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ArbysMember
nnn:OperatingLeaseMember
nnn:ConwayAR1Member
2020-12-31
0000751364
nnn:ArbysMember
nnn:OperatingLeaseMember
nnn:ConwayAR1Member
2020-01-01
2020-12-31
0000751364
nnn:ArbysMember
nnn:DerbyKS1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ArbysMember
nnn:DerbyKS1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ArbysMember
nnn:EagleID1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ArbysMember
nnn:EagleID1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ArbysMember
nnn:EdmondOK1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ArbysMember
nnn:EdmondOK1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ArbysMember
nnn:OperatingLeaseMember
nnn:EdwardsvilleIL1Member
2020-12-31
0000751364
nnn:ArbysMember
nnn:OperatingLeaseMember
nnn:EdwardsvilleIL1Member
2020-01-01
2020-12-31
0000751364
nnn:ElDoradoKS1Member
nnn:ArbysMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ElDoradoKS1Member
nnn:ArbysMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ArbysMember
nnn:FayettevilleAR1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ArbysMember
nnn:FayettevilleAR1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ArbysMember
nnn:FayettevilleAR2Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ArbysMember
nnn:FayettevilleAR2Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ArbysMember
nnn:OperatingLeaseMember
nnn:FortSmithAR1Member
2020-12-31
0000751364
nnn:ArbysMember
nnn:OperatingLeaseMember
nnn:FortSmithAR1Member
2020-01-01
2020-12-31
0000751364
nnn:ArbysMember
nnn:OperatingLeaseMember
nnn:FountainCO1Member
2020-12-31
0000751364
nnn:ArbysMember
nnn:OperatingLeaseMember
nnn:FountainCO1Member
2020-01-01
2020-12-31
0000751364
nnn:ArbysMember
nnn:OperatingLeaseMember
nnn:GlenpoolOK1Member
2020-12-31
0000751364
nnn:ArbysMember
nnn:OperatingLeaseMember
nnn:GlenpoolOK1Member
2020-01-01
2020-12-31
0000751364
nnn:ArbysMember
nnn:OperatingLeaseMember
nnn:GodfreyIL1Member
2020-12-31
0000751364
nnn:ArbysMember
nnn:OperatingLeaseMember
nnn:GodfreyIL1Member
2020-01-01
2020-12-31
0000751364
nnn:ArbysMember
nnn:GreeleyCO1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ArbysMember
nnn:GreeleyCO1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ArbysMember
nnn:GreenwoodAR1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ArbysMember
nnn:GreenwoodAR1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ArbysMember
nnn:OperatingLeaseMember
nnn:GuthrieOK1Member
2020-12-31
0000751364
nnn:ArbysMember
nnn:OperatingLeaseMember
nnn:GuthrieOK1Member
2020-01-01
2020-12-31
0000751364
nnn:ArbysMember
nnn:OperatingLeaseMember
nnn:HarrisonAR1Member
2020-12-31
0000751364
nnn:ArbysMember
nnn:OperatingLeaseMember
nnn:HarrisonAR1Member
2020-01-01
2020-12-31
0000751364
nnn:ArbysMember
nnn:OperatingLeaseMember
nnn:HarrisonvilleMO1Member
2020-12-31
0000751364
nnn:ArbysMember
nnn:OperatingLeaseMember
nnn:HarrisonvilleMO1Member
2020-01-01
2020-12-31
0000751364
nnn:ArbysMember
nnn:HaysKS1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ArbysMember
nnn:HaysKS1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ArbysMember
nnn:HotSpringsAR1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ArbysMember
nnn:HotSpringsAR1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:HutchinsonKS1Member
nnn:ArbysMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:HutchinsonKS1Member
nnn:ArbysMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ArbysMember
nnn:HutchinsonKS2Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ArbysMember
nnn:HutchinsonKS2Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ArbysMember
nnn:IndependenceMO1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ArbysMember
nnn:IndependenceMO1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ArbysMember
nnn:IndependenceMO2Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ArbysMember
nnn:IndependenceMO2Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ArbysMember
nnn:JerseyvilleIL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ArbysMember
nnn:JerseyvilleIL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:KansasCityMO1Member
nnn:ArbysMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:KansasCityMO1Member
nnn:ArbysMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ArbysMember
nnn:KearneyMO1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ArbysMember
nnn:KearneyMO1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ArbysMember
nnn:OperatingLeaseMember
nnn:LansingKS1Member
2020-12-31
0000751364
nnn:ArbysMember
nnn:OperatingLeaseMember
nnn:LansingKS1Member
2020-01-01
2020-12-31
0000751364
nnn:ArbysMember
nnn:LawtonOK1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ArbysMember
nnn:LawtonOK1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:LitchfieldIL1Member
nnn:ArbysMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:LitchfieldIL1Member
nnn:ArbysMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ArbysMember
nnn:LittleRockAR1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ArbysMember
nnn:LittleRockAR1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ArbysMember
nnn:LittleRockAR2Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ArbysMember
nnn:LittleRockAR2Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ArbysMember
nnn:ManhattanKS1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ArbysMember
nnn:ManhattanKS1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ArbysMember
nnn:MehlvilleMO1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ArbysMember
nnn:MehlvilleMO1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ArbysMember
nnn:MidwestCityOK1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ArbysMember
nnn:MidwestCityOK1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ArbysMember
nnn:OperatingLeaseMember
nnn:MidwestCityOK2Member
2020-12-31
0000751364
nnn:ArbysMember
nnn:OperatingLeaseMember
nnn:MidwestCityOK2Member
2020-01-01
2020-12-31
0000751364
nnn:ArbysMember
nnn:OperatingLeaseMember
nnn:MissionKS1Member
2020-12-31
0000751364
nnn:ArbysMember
nnn:OperatingLeaseMember
nnn:MissionKS1Member
2020-01-01
2020-12-31
0000751364
nnn:ArbysMember
nnn:OperatingLeaseMember
nnn:MooreOK1Member
2020-12-31
0000751364
nnn:ArbysMember
nnn:OperatingLeaseMember
nnn:MooreOK1Member
2020-01-01
2020-12-31
0000751364
nnn:ArbysMember
nnn:OperatingLeaseMember
nnn:MooreOK2Member
2020-12-31
0000751364
nnn:ArbysMember
nnn:OperatingLeaseMember
nnn:MooreOK2Member
2020-01-01
2020-12-31
0000751364
nnn:ArbysMember
nnn:OperatingLeaseMember
nnn:MuskogeeOK1Member
2020-12-31
0000751364
nnn:ArbysMember
nnn:OperatingLeaseMember
nnn:MuskogeeOK1Member
2020-01-01
2020-12-31
0000751364
nnn:ArbysMember
nnn:NeoshoMO1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ArbysMember
nnn:NeoshoMO1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ArbysMember
nnn:NewcastleOK1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ArbysMember
nnn:NewcastleOK1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ArbysMember
nnn:NixaMO1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ArbysMember
nnn:NixaMO1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ArbysMember
nnn:OperatingLeaseMember
nnn:NormanOK1Member
2020-12-31
0000751364
nnn:ArbysMember
nnn:OperatingLeaseMember
nnn:NormanOK1Member
2020-01-01
2020-12-31
0000751364
nnn:ArbysMember
nnn:OperatingLeaseMember
nnn:NorthLittleRockAR1Member
2020-12-31
0000751364
nnn:ArbysMember
nnn:OperatingLeaseMember
nnn:NorthLittleRockAR1Member
2020-01-01
2020-12-31
0000751364
nnn:ArbysMember
nnn:OperatingLeaseMember
nnn:OklahomaCityOK1Member
2020-12-31
0000751364
nnn:ArbysMember
nnn:OperatingLeaseMember
nnn:OklahomaCityOK1Member
2020-01-01
2020-12-31
0000751364
nnn:OsageBeachMO1Member
nnn:ArbysMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:OsageBeachMO1Member
nnn:ArbysMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ArbysMember
nnn:ParkCityKS1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ArbysMember
nnn:ParkCityKS1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ArbysMember
nnn:PittsburgKS1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ArbysMember
nnn:PittsburgKS1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ArbysMember
nnn:OperatingLeaseMember
nnn:PlatteCityMO1Member
2020-12-31
0000751364
nnn:ArbysMember
nnn:OperatingLeaseMember
nnn:PlatteCityMO1Member
2020-01-01
2020-12-31
0000751364
nnn:SallisawOK1Member
nnn:ArbysMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SallisawOK1Member
nnn:ArbysMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ArbysMember
nnn:SandSpringsOK1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ArbysMember
nnn:SandSpringsOK1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ArbysMember
nnn:SapulpaOK1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ArbysMember
nnn:SapulpaOK1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ArbysMember
nnn:OperatingLeaseMember
nnn:ShawneeOK1Member
2020-12-31
0000751364
nnn:ArbysMember
nnn:OperatingLeaseMember
nnn:ShawneeOK1Member
2020-01-01
2020-12-31
0000751364
nnn:ArbysMember
nnn:SiloamSpringsAR1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ArbysMember
nnn:SiloamSpringsAR1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ArbysMember
nnn:St.LouisMO1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ArbysMember
nnn:St.LouisMO1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ArbysMember
nnn:TopekaKS1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ArbysMember
nnn:TopekaKS1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ArbysMember
nnn:TulsaOK1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ArbysMember
nnn:TulsaOK1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ArbysMember
nnn:TulsaOK2Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ArbysMember
nnn:TulsaOK2Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ArbysMember
nnn:OperatingLeaseMember
nnn:TulsaOK3Member
2020-12-31
0000751364
nnn:ArbysMember
nnn:OperatingLeaseMember
nnn:TulsaOK3Member
2020-01-01
2020-12-31
0000751364
nnn:ArbysMember
nnn:TulsaOK4Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ArbysMember
nnn:TulsaOK4Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ArbysMember
nnn:TulsaOK5Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ArbysMember
nnn:TulsaOK5Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ArbysMember
nnn:TulsaOK6Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ArbysMember
nnn:TulsaOK6Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ArbysMember
nnn:UnionMO1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ArbysMember
nnn:UnionMO1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ArbysMember
nnn:VanBurenAR1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ArbysMember
nnn:VanBurenAR1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ArbysMember
nnn:VandaliaIL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ArbysMember
nnn:VandaliaIL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ArbysMember
nnn:WeatherfordOK1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ArbysMember
nnn:WeatherfordOK1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ArbysMember
nnn:WichitaKS1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ArbysMember
nnn:WichitaKS1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ArbysMember
nnn:WichitaKS2Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ArbysMember
nnn:WichitaKS2Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ArbysMember
nnn:WichitaKS3Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ArbysMember
nnn:WichitaKS3Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ArbysMember
nnn:WoodwardOK1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ArbysMember
nnn:WoodwardOK1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ArbysMember
nnn:WagonerOK1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ArbysMember
nnn:WagonerOK1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MustangOK1Member
nnn:ArbysMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MustangOK1Member
nnn:ArbysMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:CasaGrandeAZ1Member
nnn:ARCOampmMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:CasaGrandeAZ1Member
nnn:ARCOampmMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ARCOampmMember
nnn:GilbertAZ1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ARCOampmMember
nnn:GilbertAZ1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ARCOampmMember
nnn:OperatingLeaseMember
nnn:GlobeAZ1Member
2020-12-31
0000751364
nnn:ARCOampmMember
nnn:OperatingLeaseMember
nnn:GlobeAZ1Member
2020-01-01
2020-12-31
0000751364
nnn:MesaAZ1Member
nnn:ARCOampmMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MesaAZ1Member
nnn:ARCOampmMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MesaAZ2Member
nnn:ARCOampmMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MesaAZ2Member
nnn:ARCOampmMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ARCOampmMember
nnn:OperatingLeaseMember
nnn:PrescottAZ1Member
2020-12-31
0000751364
nnn:ARCOampmMember
nnn:OperatingLeaseMember
nnn:PrescottAZ1Member
2020-01-01
2020-12-31
0000751364
nnn:ARCOampmMember
nnn:OperatingLeaseMember
nnn:ScottsdaleAZ1Member
2020-12-31
0000751364
nnn:ARCOampmMember
nnn:OperatingLeaseMember
nnn:ScottsdaleAZ1Member
2020-01-01
2020-12-31
0000751364
nnn:SedonaAZ1Member
nnn:ARCOampmMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SedonaAZ1Member
nnn:ARCOampmMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ARCOampmMember
nnn:OperatingLeaseMember
nnn:TucsonAZ1Member
2020-12-31
0000751364
nnn:ARCOampmMember
nnn:OperatingLeaseMember
nnn:TucsonAZ1Member
2020-01-01
2020-12-31
0000751364
nnn:TucsonAZ2Member
nnn:ARCOampmMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TucsonAZ2Member
nnn:ARCOampmMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ARCOampmMember
nnn:TucsonAZ3Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ARCOampmMember
nnn:TucsonAZ3Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TucsonAZ4Member
nnn:ARCOampmMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TucsonAZ4Member
nnn:ARCOampmMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ARCOampmMember
nnn:SoldotnaAK1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ARCOampmMember
nnn:SoldotnaAK1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AltamonteSpringsFL1Member
nnn:OperatingLeaseMember
nnn:AshleyFurnitureMember
2020-12-31
0000751364
nnn:AltamonteSpringsFL1Member
nnn:OperatingLeaseMember
nnn:AshleyFurnitureMember
2020-01-01
2020-12-31
0000751364
nnn:FlorissantMO1Member
nnn:OperatingLeaseMember
nnn:AshleyFurnitureMember
2020-12-31
0000751364
nnn:FlorissantMO1Member
nnn:OperatingLeaseMember
nnn:AshleyFurnitureMember
2020-01-01
2020-12-31
0000751364
nnn:LouisvilleKY1Member
nnn:OperatingLeaseMember
nnn:AshleyFurnitureMember
2020-12-31
0000751364
nnn:LouisvilleKY1Member
nnn:OperatingLeaseMember
nnn:AshleyFurnitureMember
2020-01-01
2020-12-31
0000751364
nnn:DouglasvilleGA1Member
nnn:AtHomeMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:DouglasvilleGA1Member
nnn:AtHomeMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AtHomeMember
nnn:HumbleTX1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AtHomeMember
nnn:HumbleTX1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:NoblesvilleIN1Member
nnn:AtHomeMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:NoblesvilleIN1Member
nnn:AtHomeMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AtHomeMember
nnn:OperatingLeaseMember
nnn:SandstonVA1Member
2020-12-31
0000751364
nnn:AtHomeMember
nnn:OperatingLeaseMember
nnn:SandstonVA1Member
2020-01-01
2020-12-31
0000751364
nnn:GreensboroNC1Member
nnn:AtHomeMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:GreensboroNC1Member
nnn:AtHomeMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:GreenvilleSC1Member
nnn:AtHomeMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:GreenvilleSC1Member
nnn:AtHomeMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:HilliardOH1Member
nnn:AtHomeMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:HilliardOH1Member
nnn:AtHomeMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AtHomeMember
nnn:SanAntonioTX1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AtHomeMember
nnn:SanAntonioTX1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AtHomeMember
nnn:OperatingLeaseMember
nnn:ColoradoSpringsCO1Member
2020-12-31
0000751364
nnn:AtHomeMember
nnn:OperatingLeaseMember
nnn:ColoradoSpringsCO1Member
2020-01-01
2020-12-31
0000751364
nnn:AtHomeMember
nnn:KissimmeeFL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AtHomeMember
nnn:KissimmeeFL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:OFallonIL1Member
nnn:AtHomeMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:OFallonIL1Member
nnn:AtHomeMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:CincinnatiOH1Member
nnn:ATTMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:CincinnatiOH1Member
nnn:ATTMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AlbuquerqueNM1Member
nnn:AutoSolutionMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AlbuquerqueNM1Member
nnn:AutoSolutionMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AutoZoneMember
nnn:HomesteadPA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:St.PetersMO1Member
nnn:BandanasBBQMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:St.PetersMO1Member
nnn:BandanasBBQMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:BankUnitedMember
nnn:OrlandoFL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:BankUnitedMember
nnn:OrlandoFL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:BrandonFL1Member
nnn:BarnesNobleMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:BrandonFL1Member
nnn:BarnesNobleMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:BarnesNobleMember
nnn:GlendaleCO1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:BarnesNobleMember
nnn:GlendaleCO1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:BarnesNobleMember
nnn:PlantationFL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:BarnesNobleMember
nnn:PlantationFL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:BarnesNobleMember
nnn:FreeholdNJ1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:BarnesNobleMember
nnn:FreeholdNJ1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:BarnesNobleMember
nnn:DaytonOH1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:BarnesNobleMember
nnn:DaytonOH1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ReddingCA1Member
nnn:BarnesNobleMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ReddingCA1Member
nnn:BarnesNobleMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:BarnesNobleMember
nnn:MemphisTN1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:BarnesNobleMember
nnn:MemphisTN1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:BarnesNobleMember
nnn:MarltonNJ1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:BarnesNobleMember
nnn:MarltonNJ1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:BatteriesPlusBulbsMember
nnn:OperatingLeaseMember
nnn:SunriseFL1Member
2020-12-31
0000751364
nnn:BatteriesPlusBulbsMember
nnn:OperatingLeaseMember
nnn:SunriseFL1Member
2020-01-01
2020-12-31
0000751364
nnn:LynnHavenFL1Member
nnn:OperatingLeaseMember
nnn:BayCountyTaxCollectorMember
2020-12-31
0000751364
nnn:LynnHavenFL1Member
nnn:OperatingLeaseMember
nnn:BayCountyTaxCollectorMember
2020-01-01
2020-12-31
0000751364
nnn:SarasotaFL1Member
nnn:BeallsMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SarasotaFL1Member
nnn:BeallsMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:BeautifulAmericaDryCleanersMember
nnn:OrlandoFL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:BeautifulAmericaDryCleanersMember
nnn:OrlandoFL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:GlenAllenVA1Member
nnn:BedBathBeyondMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:GlenAllenVA1Member
nnn:BedBathBeyondMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:GlendaleAZ1Member
nnn:BedBathBeyondMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:GlendaleAZ1Member
nnn:BedBathBeyondMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:BedBathBeyondMember
nnn:OperatingLeaseMember
nnn:ColonieNY1Member
2020-12-31
0000751364
nnn:BedBathBeyondMember
nnn:OperatingLeaseMember
nnn:ColonieNY1Member
2020-01-01
2020-12-31
0000751364
nnn:BeaumontTX1Member
nnn:OperatingLeaseMember
nnn:BELFurnitureMember
2020-12-31
0000751364
nnn:BeaumontTX1Member
nnn:OperatingLeaseMember
nnn:BELFurnitureMember
2020-01-01
2020-12-31
0000751364
nnn:BelleTireMember
nnn:LansingMI1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:BelleTireMember
nnn:LansingMI1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:BelleTireMember
nnn:LapeerMI1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:BelleTireMember
nnn:LapeerMI1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:BelleTireMember
nnn:MichiganCityIN1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:BelleTireMember
nnn:MichiganCityIN1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MidlandMI1Member
nnn:BelleTireMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MidlandMI1Member
nnn:BelleTireMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:BelleTireMember
nnn:OperatingLeaseMember
nnn:Mt.PleasantMI1Member
2020-12-31
0000751364
nnn:BelleTireMember
nnn:OperatingLeaseMember
nnn:Mt.PleasantMI1Member
2020-01-01
2020-12-31
0000751364
nnn:BelleTireMember
nnn:MuskegonMI1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:BelleTireMember
nnn:MuskegonMI1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:BelleTireMember
nnn:NorthvilleMI1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:BelleTireMember
nnn:NorthvilleMI1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:BelleTireMember
nnn:GaylordMI1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:BelleTireMember
nnn:GaylordMI1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:BelleTireMember
nnn:OperatingLeaseMember
nnn:CambyIN1Member
2020-12-31
0000751364
nnn:BelleTireMember
nnn:OperatingLeaseMember
nnn:CambyIN1Member
2020-01-01
2020-12-31
0000751364
nnn:BelleTireMember
nnn:OperatingLeaseMember
nnn:ColumbusIN1Member
2020-12-31
0000751364
nnn:BelleTireMember
nnn:OperatingLeaseMember
nnn:ColumbusIN1Member
2020-01-01
2020-12-31
0000751364
nnn:BelleTireMember
nnn:GreenfieldIN1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:BelleTireMember
nnn:GreenfieldIN1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:BelleTireMember
nnn:OperatingLeaseMember
nnn:GreenwoodIN1Member
2020-12-31
0000751364
nnn:BelleTireMember
nnn:OperatingLeaseMember
nnn:GreenwoodIN1Member
2020-01-01
2020-12-31
0000751364
nnn:BelleTireMember
nnn:CumberlandIN1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:BelleTireMember
nnn:CumberlandIN1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:BelleTireMember
nnn:PlainfieldIN1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:BelleTireMember
nnn:PlainfieldIN1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:BelleTireMember
nnn:OperatingLeaseMember
nnn:IndianapolisIN1Member
2020-12-31
0000751364
nnn:BelleTireMember
nnn:OperatingLeaseMember
nnn:IndianapolisIN1Member
2020-01-01
2020-12-31
0000751364
nnn:BelleTireMember
nnn:OperatingLeaseMember
nnn:WhitestownIN1Member
2020-12-31
0000751364
nnn:BelleTireMember
nnn:OperatingLeaseMember
nnn:WhitestownIN1Member
2020-01-01
2020-12-31
0000751364
nnn:BelleTireMember
nnn:BloomingtonIN1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:BelleTireMember
nnn:BloomingtonIN1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:BelleTireMember
nnn:LawrenceIN1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:BelleTireMember
nnn:LawrenceIN1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:BelleTireMember
nnn:OperatingLeaseMember
nnn:MerrillvilleIN1Member
2020-12-31
0000751364
nnn:BelleTireMember
nnn:OperatingLeaseMember
nnn:MerrillvilleIN1Member
2020-01-01
2020-12-31
0000751364
nnn:BelleTireMember
nnn:OperatingLeaseMember
nnn:PetoskeyMI1Member
2020-12-31
0000751364
nnn:BelleTireMember
nnn:OperatingLeaseMember
nnn:PetoskeyMI1Member
2020-01-01
2020-12-31
0000751364
nnn:FishersIN1Member
nnn:BelleTireMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FishersIN1Member
nnn:BelleTireMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:BelleTireMember
nnn:BrownsburgIN1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:BelleTireMember
nnn:BrownsburgIN1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:BelleTireMember
nnn:LafayetteIN1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:BelleTireMember
nnn:LafayetteIN1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:BelleTireMember
nnn:TerreHauteIN1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:BelleTireMember
nnn:TerreHauteIN1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:BelleTireMember
nnn:WestLafayetteIN1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:BelleTireMember
nnn:WestLafayetteIN1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:BrandonFL1Member
nnn:BestBuyMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:BrandonFL1Member
nnn:BestBuyMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:BestBuyMember
nnn:CuyahogaFallsOH1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:BestBuyMember
nnn:CuyahogaFallsOH1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:BestBuyMember
nnn:RockvilleMD1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:BestBuyMember
nnn:RockvilleMD1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:BestBuyMember
nnn:FairfaxVA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:BestBuyMember
nnn:FairfaxVA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:BestBuyMember
nnn:OperatingLeaseMember
nnn:St.PetersburgFL1Member
2020-12-31
0000751364
nnn:BestBuyMember
nnn:OperatingLeaseMember
nnn:St.PetersburgFL1Member
2020-01-01
2020-12-31
0000751364
nnn:BestBuyMember
nnn:NorthFayetterPA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:BestBuyMember
nnn:NorthFayetterPA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:BestBuyMember
nnn:DenverCO1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:BestBuyMember
nnn:DenverCO1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AlbuquerqueNM1Member
nnn:BestBuyMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AlbuquerqueNM1Member
nnn:BestBuyMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:BestBuyMember
nnn:ArlingtonTX1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:BestBuyMember
nnn:ArlingtonTX1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FortCollinsCO1Member
nnn:BestBuyMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FortCollinsCO1Member
nnn:BestBuyMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:HoustonTX1Member
nnn:BestBuyMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:HoustonTX1Member
nnn:BestBuyMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:BestBuyMember
nnn:NashuaNH1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:BestBuyMember
nnn:NashuaNH1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:NorthAttleboroughMA1Member
nnn:BestBuyMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:NorthAttleboroughMA1Member
nnn:BestBuyMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:BestBuyMember
nnn:SchaumburgIL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:BestBuyMember
nnn:SchaumburgIL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:BestBuyMember
nnn:VirginiaBeachVA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:BestBuyMember
nnn:VirginiaBeachVA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:DoverNJ1Member
nnn:OperatingLeaseMember
nnn:BigLotsMember
2020-12-31
0000751364
nnn:DoverNJ1Member
nnn:OperatingLeaseMember
nnn:BigLotsMember
2020-01-01
2020-12-31
0000751364
nnn:FlorenceAL1Member
nnn:OperatingLeaseMember
nnn:BigLotsMember
2020-12-31
0000751364
nnn:FlorenceAL1Member
nnn:OperatingLeaseMember
nnn:BigLotsMember
2020-01-01
2020-12-31
0000751364
nnn:WebsterGrovesMO1Member
nnn:OperatingLeaseMember
nnn:BigLotsMember
2020-12-31
0000751364
nnn:WebsterGrovesMO1Member
nnn:OperatingLeaseMember
nnn:BigLotsMember
2020-01-01
2020-12-31
0000751364
nnn:HelenaMT1Member
nnn:OperatingLeaseMember
nnn:BigSkyMattressMember
2020-12-31
0000751364
nnn:HelenaMT1Member
nnn:OperatingLeaseMember
nnn:BigSkyMattressMember
2020-01-01
2020-12-31
0000751364
nnn:BishopFamilyInsuranceAgencyMember
nnn:SpotsylvaniaVA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:BishopFamilyInsuranceAgencyMember
nnn:SpotsylvaniaVA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:BJsWholesaleClubMember
nnn:OrlandoFL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:BJsWholesaleClubMember
nnn:OrlandoFL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FairfaxVA1Member
nnn:BJsWholesaleClubMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FairfaxVA1Member
nnn:BJsWholesaleClubMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:HamiltonNJ1Member
nnn:BJsWholesaleClubMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:HamiltonNJ1Member
nnn:BJsWholesaleClubMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:BJsWholesaleClubMember
nnn:OperatingLeaseMember
nnn:HialeahFL1Member
2020-12-31
0000751364
nnn:BJsWholesaleClubMember
nnn:OperatingLeaseMember
nnn:HialeahFL1Member
2020-01-01
2020-12-31
0000751364
nnn:BJsWholesaleClubMember
nnn:OperatingLeaseMember
nnn:RoxburyNJ1Member
2020-12-31
0000751364
nnn:BJsWholesaleClubMember
nnn:OperatingLeaseMember
nnn:RoxburyNJ1Member
2020-01-01
2020-12-31
0000751364
nnn:W.HartfordCT1Member
nnn:BJsWholesaleClubMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:W.HartfordCT1Member
nnn:BJsWholesaleClubMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:CapeCoralFL1Member
nnn:BJsWholesaleClubMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:CapeCoralFL1Member
nnn:BJsWholesaleClubMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:BJsWholesaleClubMember
nnn:VoorheesNJ1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:BJsWholesaleClubMember
nnn:VoorheesNJ1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ManchesterNH1Member
nnn:BJsWholesaleClubMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ManchesterNH1Member
nnn:BJsWholesaleClubMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AuburnMA1Member
nnn:BJsWholesaleClubMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AuburnMA1Member
nnn:BJsWholesaleClubMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:StoughtonMA1Member
nnn:BJsWholesaleClubMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:StoughtonMA1Member
nnn:BJsWholesaleClubMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TampaFL1Member
nnn:OperatingLeaseMember
nnn:BlackRockGrillMember
2020-12-31
0000751364
nnn:TampaFL1Member
nnn:OperatingLeaseMember
nnn:BlackRockGrillMember
2020-01-01
2020-12-31
0000751364
nnn:TulsaOK1Member
nnn:OperatingLeaseMember
nnn:BlueBeaconTruckWashMember
2020-12-31
0000751364
nnn:TulsaOK1Member
nnn:OperatingLeaseMember
nnn:BlueBeaconTruckWashMember
2020-01-01
2020-12-31
0000751364
nnn:BMWMember
nnn:DuluthGA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:BMWMember
nnn:DuluthGA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AmherstNYMember
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-12-31
0000751364
nnn:AmherstNYMember
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-01-01
2020-12-31
0000751364
nnn:AshlandKY1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-12-31
0000751364
nnn:AshlandKY1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-01-01
2020-12-31
0000751364
nnn:BaltimoreMD1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-12-31
0000751364
nnn:BaltimoreMD1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-01-01
2020-12-31
0000751364
nnn:BataviaNY1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-12-31
0000751364
nnn:BataviaNY1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-01-01
2020-12-31
0000751364
nnn:BeachwoodOH1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-12-31
0000751364
nnn:BeachwoodOH1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-01-01
2020-12-31
0000751364
nnn:BeavercreekOH1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-12-31
0000751364
nnn:BeavercreekOH1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-01-01
2020-12-31
0000751364
nnn:BeckleyWV1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-12-31
0000751364
nnn:BeckleyWV1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:BobEvansMember
nnn:BelAirMD1Member
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:BobEvansMember
nnn:BelAirMD1Member
2020-01-01
2020-12-31
0000751364
nnn:BentonHarborMIMember
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-12-31
0000751364
nnn:BentonHarborMIMember
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:BobEvansMember
nnn:BlueSpringsMO1Member
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:BobEvansMember
nnn:BlueSpringsMO1Member
2020-01-01
2020-12-31
0000751364
nnn:BrookParkOH1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-12-31
0000751364
nnn:BrookParkOH1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:BobEvansMember
nnn:CambyIN1Member
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:BobEvansMember
nnn:CambyIN1Member
2020-01-01
2020-12-31
0000751364
nnn:CantonMI1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-12-31
0000751364
nnn:CantonMI1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-01-01
2020-12-31
0000751364
nnn:CantonMI2Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-12-31
0000751364
nnn:CantonMI2Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-01-01
2020-12-31
0000751364
nnn:ChesterfieldTwpMI1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-12-31
0000751364
nnn:ChesterfieldTwpMI1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-01-01
2020-12-31
0000751364
nnn:ChillicotheOH1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-12-31
0000751364
nnn:ChillicotheOH1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-01-01
2020-12-31
0000751364
nnn:CincinnatiOH1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-12-31
0000751364
nnn:CincinnatiOH1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-01-01
2020-12-31
0000751364
nnn:CincinnatiOH2Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-12-31
0000751364
nnn:CincinnatiOH2Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-01-01
2020-12-31
0000751364
nnn:ClarksvilleIN1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-12-31
0000751364
nnn:ClarksvilleIN1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-01-01
2020-12-31
0000751364
nnn:ClearwaterFL1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-12-31
0000751364
nnn:ClearwaterFL1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:BobEvansMember
nnn:ClermontFL1Member
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:BobEvansMember
nnn:ClermontFL1Member
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:BobEvansMember
nnn:ColdwaterMI1Member
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:BobEvansMember
nnn:ColdwaterMI1Member
2020-01-01
2020-12-31
0000751364
nnn:ColumbiaMO1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-12-31
0000751364
nnn:ColumbiaMO1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:BobEvansMember
nnn:ColumbusIN1Member
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:BobEvansMember
nnn:ColumbusIN1Member
2020-01-01
2020-12-31
0000751364
nnn:ColumbusOH1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-12-31
0000751364
nnn:ColumbusOH1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-01-01
2020-12-31
0000751364
nnn:ColumbusOH2Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-12-31
0000751364
nnn:ColumbusOH2Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-01-01
2020-12-31
0000751364
nnn:CorningNY1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-12-31
0000751364
nnn:CorningNY1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:BobEvansMember
nnn:CrossLanesWV1Member
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:BobEvansMember
nnn:CrossLanesWV1Member
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:BobEvansMember
nnn:DearbornMI1Member
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:BobEvansMember
nnn:DearbornMI1Member
2020-01-01
2020-12-31
0000751364
nnn:DublinOH1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-12-31
0000751364
nnn:DublinOH1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-01-01
2020-12-31
0000751364
nnn:DublinOH2Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-12-31
0000751364
nnn:DublinOH2Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-01-01
2020-12-31
0000751364
nnn:DunkirkNY1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-12-31
0000751364
nnn:DunkirkNY1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-01-01
2020-12-31
0000751364
nnn:EriePA1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-12-31
0000751364
nnn:EriePA1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-01-01
2020-12-31
0000751364
nnn:EriePA2Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-12-31
0000751364
nnn:EriePA2Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-01-01
2020-12-31
0000751364
nnn:FairfieldOH1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-12-31
0000751364
nnn:FairfieldOH1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-01-01
2020-12-31
0000751364
nnn:FayettevilleWV1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-12-31
0000751364
nnn:FayettevilleWV1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-01-01
2020-12-31
0000751364
nnn:FestusMO1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-12-31
0000751364
nnn:FestusMO1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-01-01
2020-12-31
0000751364
nnn:FortWayneIN1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-12-31
0000751364
nnn:FortWayneIN1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:BobEvansMember
nnn:FortWayneIN2Member
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:BobEvansMember
nnn:FortWayneIN2Member
2020-01-01
2020-12-31
0000751364
nnn:FranklinIN1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-12-31
0000751364
nnn:FranklinIN1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-01-01
2020-12-31
0000751364
nnn:FrederickMD1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-12-31
0000751364
nnn:FrederickMD1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-01-01
2020-12-31
0000751364
nnn:GahannaOH1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-12-31
0000751364
nnn:GahannaOH1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-01-01
2020-12-31
0000751364
nnn:GaylordMI1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-12-31
0000751364
nnn:GaylordMI1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-01-01
2020-12-31
0000751364
nnn:GreenfieldIN1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-12-31
0000751364
nnn:GreenfieldIN1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:BobEvansMember
nnn:GreenwoodIN1Member
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:BobEvansMember
nnn:GreenwoodIN1Member
2020-01-01
2020-12-31
0000751364
nnn:GroveportOH1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-12-31
0000751364
nnn:GroveportOH1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-01-01
2020-12-31
0000751364
nnn:HarborcreekPA1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-12-31
0000751364
nnn:HarborcreekPA1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:BobEvansMember
nnn:HeathOH1Member
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:BobEvansMember
nnn:HeathOH1Member
2020-01-01
2020-12-31
0000751364
nnn:HillsboroOH1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-12-31
0000751364
nnn:HillsboroOH1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-01-01
2020-12-31
0000751364
nnn:HollandOH1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-12-31
0000751364
nnn:HollandOH1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:BobEvansMember
nnn:IndianapolisIN1Member
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:BobEvansMember
nnn:IndianapolisIN1Member
2020-01-01
2020-12-31
0000751364
nnn:IndianapolisIN2Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-12-31
0000751364
nnn:IndianapolisIN2Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:BobEvansMember
nnn:IndianapolisIN3Member
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:BobEvansMember
nnn:IndianapolisIN3Member
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:BobEvansMember
nnn:JacksonMI1Member
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:BobEvansMember
nnn:JacksonMI1Member
2020-01-01
2020-12-31
0000751364
nnn:JacksonvilleFL1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-12-31
0000751364
nnn:JacksonvilleFL1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:BobEvansMember
nnn:JamestownNY1Member
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:BobEvansMember
nnn:JamestownNY1Member
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:BobEvansMember
nnn:LakelandFL1Member
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:BobEvansMember
nnn:LakelandFL1Member
2020-01-01
2020-12-31
0000751364
nnn:LancasterPA1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-12-31
0000751364
nnn:LancasterPA1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-01-01
2020-12-31
0000751364
nnn:LansingMI1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-12-31
0000751364
nnn:LansingMI1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-01-01
2020-12-31
0000751364
nnn:LaurelMD1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-12-31
0000751364
nnn:LaurelMD1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-01-01
2020-12-31
0000751364
nnn:LewisCenterOH1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-12-31
0000751364
nnn:LewisCenterOH1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-01-01
2020-12-31
0000751364
nnn:LewisburgWV1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-12-31
0000751364
nnn:LewisburgWV1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-01-01
2020-12-31
0000751364
nnn:LexingtonKY1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-12-31
0000751364
nnn:LexingtonKY1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:BobEvansMember
nnn:LinthicumHeightsMD1Member
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:BobEvansMember
nnn:LinthicumHeightsMD1Member
2020-01-01
2020-12-31
0000751364
nnn:LivoniaMI1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-12-31
0000751364
nnn:LivoniaMI1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-01-01
2020-12-31
0000751364
nnn:LoganWV1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-12-31
0000751364
nnn:LoganWV1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-01-01
2020-12-31
0000751364
nnn:LogansportIN1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-12-31
0000751364
nnn:LogansportIN1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-01-01
2020-12-31
0000751364
nnn:LondonOH1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-12-31
0000751364
nnn:LondonOH1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-01-01
2020-12-31
0000751364
nnn:LouisvilleKY1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-12-31
0000751364
nnn:LouisvilleKY1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:BobEvansMember
nnn:MadisonHeightsMI1Member
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:BobEvansMember
nnn:MadisonHeightsMI1Member
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:BobEvansMember
nnn:MansfieldOH1Member
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:BobEvansMember
nnn:MansfieldOH1Member
2020-01-01
2020-12-31
0000751364
nnn:MarionIL1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-12-31
0000751364
nnn:MarionIL1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-01-01
2020-12-31
0000751364
nnn:MarionIN1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-12-31
0000751364
nnn:MarionIN1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:BobEvansMember
nnn:MartinsburgWV1Member
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:BobEvansMember
nnn:MartinsburgWV1Member
2020-01-01
2020-12-31
0000751364
nnn:MaumeeOH1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-12-31
0000751364
nnn:MaumeeOH1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-01-01
2020-12-31
0000751364
nnn:MedinaOH1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-12-31
0000751364
nnn:MedinaOH1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-01-01
2020-12-31
0000751364
nnn:MentorOH1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-12-31
0000751364
nnn:MentorOH1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:BobEvansMember
nnn:MerrillvilleIN1Member
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:BobEvansMember
nnn:MerrillvilleIN1Member
2020-01-01
2020-12-31
0000751364
nnn:MoonTownshipPA1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-12-31
0000751364
nnn:MoonTownshipPA1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-01-01
2020-12-31
0000751364
nnn:MorgantownWV1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-12-31
0000751364
nnn:MorgantownWV1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-01-01
2020-12-31
0000751364
nnn:NewAlbanyOH1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-12-31
0000751364
nnn:NewAlbanyOH1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-01-01
2020-12-31
0000751364
nnn:NewCastlePA1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-12-31
0000751364
nnn:NewCastlePA1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-01-01
2020-12-31
0000751364
nnn:OcalaFL1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-12-31
0000751364
nnn:OcalaFL1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-01-01
2020-12-31
0000751364
nnn:OcalaFL2Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-12-31
0000751364
nnn:OcalaFL2Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-01-01
2020-12-31
0000751364
nnn:OxfordOH1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-12-31
0000751364
nnn:OxfordOH1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-01-01
2020-12-31
0000751364
nnn:PerrysburgOH1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-12-31
0000751364
nnn:PerrysburgOH1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-01-01
2020-12-31
0000751364
nnn:PerrysburgOH2Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-12-31
0000751364
nnn:PerrysburgOH2Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:BobEvansMember
nnn:PickeringtonOH1Member
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:BobEvansMember
nnn:PickeringtonOH1Member
2020-01-01
2020-12-31
0000751364
nnn:PittsburghPA1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-12-31
0000751364
nnn:PittsburghPA1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-01-01
2020-12-31
0000751364
nnn:PortOrangeFL1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-12-31
0000751364
nnn:PortOrangeFL1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-01-01
2020-12-31
0000751364
nnn:PowellOH1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-12-31
0000751364
nnn:PowellOH1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:BobEvansMember
nnn:PrincetonWV1Member
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:BobEvansMember
nnn:PrincetonWV1Member
2020-01-01
2020-12-31
0000751364
nnn:RichmondIN1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-12-31
0000751364
nnn:RichmondIN1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-01-01
2020-12-31
0000751364
nnn:RioGrandeOH1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-12-31
0000751364
nnn:RioGrandeOH1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-01-01
2020-12-31
0000751364
nnn:RomulusMI1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-12-31
0000751364
nnn:RomulusMI1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:BobEvansMember
nnn:SaginawMI1Member
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:BobEvansMember
nnn:SaginawMI1Member
2020-01-01
2020-12-31
0000751364
nnn:SalisburyMD1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-12-31
0000751364
nnn:SalisburyMD1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-01-01
2020-12-31
0000751364
nnn:SomersetKY1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-12-31
0000751364
nnn:SomersetKY1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-01-01
2020-12-31
0000751364
nnn:SouthBloomfieldOHMember
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-12-31
0000751364
nnn:SouthBloomfieldOHMember
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-01-01
2020-12-31
0000751364
nnn:SouthEuclidOH1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-12-31
0000751364
nnn:SouthEuclidOH1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-01-01
2020-12-31
0000751364
nnn:St.LouisMO1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-12-31
0000751364
nnn:St.LouisMO1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:BobEvansMember
nnn:St.PetersburgFL1Member
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:BobEvansMember
nnn:St.PetersburgFL1Member
2020-01-01
2020-12-31
0000751364
nnn:StaffordVA1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-12-31
0000751364
nnn:StaffordVA1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-01-01
2020-12-31
0000751364
nnn:ToledoOH1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-12-31
0000751364
nnn:ToledoOH1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-01-01
2020-12-31
0000751364
nnn:WaldorfMD1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-12-31
0000751364
nnn:WaldorfMD1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:BobEvansMember
nnn:WashingtonCHOH1Member
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:BobEvansMember
nnn:WashingtonCHOH1Member
2020-01-01
2020-12-31
0000751364
nnn:WashingtonPA1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-12-31
0000751364
nnn:WashingtonPA1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-01-01
2020-12-31
0000751364
nnn:WatertownNY1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-12-31
0000751364
nnn:WatertownNY1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-01-01
2020-12-31
0000751364
nnn:WaverlyOH1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-12-31
0000751364
nnn:WaverlyOH1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:BobEvansMember
nnn:WestChesterOH1Member
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:BobEvansMember
nnn:WestChesterOH1Member
2020-01-01
2020-12-31
0000751364
nnn:WilmingtonOH1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-12-31
0000751364
nnn:WilmingtonOH1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:BobEvansMember
nnn:WoodhavenMI1Member
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:BobEvansMember
nnn:WoodhavenMI1Member
2020-01-01
2020-12-31
0000751364
nnn:WoosterOH1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-12-31
0000751364
nnn:WoosterOH1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-01-01
2020-12-31
0000751364
nnn:ZanesvilleOH1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-12-31
0000751364
nnn:ZanesvilleOH1Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-01-01
2020-12-31
0000751364
nnn:ZanesvilleOH2Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-12-31
0000751364
nnn:ZanesvilleOH2Member
nnn:OperatingLeaseMember
nnn:BobEvansMember
2020-01-01
2020-12-31
0000751364
nnn:BobsDiscountFurnitureMember
nnn:OperatingLeaseMember
nnn:MerrillvilleIN1Member
2020-12-31
0000751364
nnn:BobsDiscountFurnitureMember
nnn:OperatingLeaseMember
nnn:MerrillvilleIN1Member
2020-01-01
2020-12-31
0000751364
nnn:NorthOlmstedOHMember
nnn:BobsDiscountFurnitureMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:NorthOlmstedOHMember
nnn:BobsDiscountFurnitureMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:BobsDiscountFurnitureMember
nnn:OperatingLeaseMember
nnn:WhartonNJ1Member
2020-12-31
0000751364
nnn:BobsDiscountFurnitureMember
nnn:OperatingLeaseMember
nnn:WhartonNJ1Member
2020-01-01
2020-12-31
0000751364
nnn:BobsDiscountFurnitureMember
nnn:OperatingLeaseMember
nnn:MadisonWI1Member
2020-12-31
0000751364
nnn:BobsDiscountFurnitureMember
nnn:OperatingLeaseMember
nnn:MadisonWI1Member
2020-01-01
2020-12-31
0000751364
nnn:BombonesSportsBarMember
nnn:OperatingLeaseMember
nnn:DallasTX1Member
2020-12-31
0000751364
nnn:BombonesSportsBarMember
nnn:OperatingLeaseMember
nnn:DallasTX1Member
2020-01-01
2020-12-31
0000751364
nnn:MobileAL1Member
nnn:OperatingLeaseMember
nnn:BonefishMember
2020-12-31
0000751364
nnn:MobileAL1Member
nnn:OperatingLeaseMember
nnn:BonefishMember
2020-01-01
2020-12-31
0000751364
nnn:NewarkDE1Member
nnn:BooksAMillionMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:NewarkDE1Member
nnn:BooksAMillionMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:BangorME1Member
nnn:BooksAMillionMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:BangorME1Member
nnn:BooksAMillionMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:BootBarnMember
nnn:OperatingLeaseMember
nnn:LakeCharlesLA1Member
2020-12-31
0000751364
nnn:BootBarnMember
nnn:OperatingLeaseMember
nnn:LakeCharlesLA1Member
2020-01-01
2020-12-31
0000751364
nnn:BootBarnMember
nnn:OperatingLeaseMember
nnn:MesquiteTX1Member
2020-12-31
0000751364
nnn:BootBarnMember
nnn:OperatingLeaseMember
nnn:MesquiteTX1Member
2020-01-01
2020-12-31
0000751364
nnn:BostonMarketMember
nnn:NorthOlmstedOH1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:BostonMarketMember
nnn:NorthOlmstedOH1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:BostonMarketMember
nnn:OperatingLeaseMember
nnn:NoviMI1Member
2020-12-31
0000751364
nnn:BostonMarketMember
nnn:OperatingLeaseMember
nnn:NoviMI1Member
2020-01-01
2020-12-31
0000751364
nnn:JeannettePA1Member
nnn:OperatingLeaseMember
nnn:BPMember
2020-12-31
0000751364
nnn:JeannettePA1Member
nnn:OperatingLeaseMember
nnn:BPMember
2020-01-01
2020-12-31
0000751364
nnn:IrvingTX1Member
nnn:OperatingLeaseMember
nnn:BrasoaBrazilianSteakHouseMember
2020-12-31
0000751364
nnn:IrvingTX1Member
nnn:OperatingLeaseMember
nnn:BrasoaBrazilianSteakHouseMember
2020-01-01
2020-12-31
0000751364
nnn:BucksMember
nnn:St.LouisMO1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:BucksMember
nnn:St.LouisMO1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:BucksMember
nnn:OperatingLeaseMember
nnn:GlendaleHeightsIL1Member
2020-12-31
0000751364
nnn:BucksMember
nnn:OperatingLeaseMember
nnn:GlendaleHeightsIL1Member
2020-01-01
2020-12-31
0000751364
nnn:OmahaNE1Member
nnn:BucksMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:OmahaNE1Member
nnn:BucksMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:BucksMember
nnn:CouncilBluffsIA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:BucksMember
nnn:CouncilBluffsIA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:BuffaloWildWingsMember
nnn:MichiganCityIN1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:BuffaloWildWingsMember
nnn:MichiganCityIN1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:CliftonParkNY1Member
nnn:OperatingLeaseMember
nnn:BurgerKingMember
2020-12-31
0000751364
nnn:CliftonParkNY1Member
nnn:OperatingLeaseMember
nnn:BurgerKingMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:BurgerKingMember
nnn:ColoradoSpringsCO1Member
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:BurgerKingMember
nnn:ColoradoSpringsCO1Member
2020-01-01
2020-12-31
0000751364
nnn:DurhamNC1Member
nnn:OperatingLeaseMember
nnn:BurgerKingMember
2020-12-31
0000751364
nnn:DurhamNC1Member
nnn:OperatingLeaseMember
nnn:BurgerKingMember
2020-01-01
2020-12-31
0000751364
nnn:DurhamNC2Member
nnn:OperatingLeaseMember
nnn:BurgerKingMember
2020-12-31
0000751364
nnn:DurhamNC2Member
nnn:OperatingLeaseMember
nnn:BurgerKingMember
2020-01-01
2020-12-31
0000751364
nnn:FarmingtonME1Member
nnn:OperatingLeaseMember
nnn:BurgerKingMember
2020-12-31
0000751364
nnn:FarmingtonME1Member
nnn:OperatingLeaseMember
nnn:BurgerKingMember
2020-01-01
2020-12-31
0000751364
nnn:YakimaWA1Member
nnn:OperatingLeaseMember
nnn:BurgerKingMember
2020-12-31
0000751364
nnn:YakimaWA1Member
nnn:OperatingLeaseMember
nnn:BurgerKingMember
2020-01-01
2020-12-31
0000751364
nnn:FairfieldOH1Member
nnn:OperatingLeaseMember
nnn:BurgerKingMember
2020-12-31
0000751364
nnn:FairfieldOH1Member
nnn:OperatingLeaseMember
nnn:BurgerKingMember
2020-01-01
2020-12-31
0000751364
nnn:LaceyWA1Member
nnn:OperatingLeaseMember
nnn:BurlingtonCoatFactoryMember
2020-12-31
0000751364
nnn:LaceyWA1Member
nnn:OperatingLeaseMember
nnn:BurlingtonCoatFactoryMember
2020-01-01
2020-12-31
0000751364
nnn:ChesterfieldMO1Member
nnn:OperatingLeaseMember
nnn:BurlingtonCoatFactoryMember
2020-12-31
0000751364
nnn:ChesterfieldMO1Member
nnn:OperatingLeaseMember
nnn:BurlingtonCoatFactoryMember
2020-01-01
2020-12-31
0000751364
nnn:AugustaGA1Member
nnn:OperatingLeaseMember
nnn:CCGymnasticsMember
2020-12-31
0000751364
nnn:AugustaGA1Member
nnn:OperatingLeaseMember
nnn:CCGymnasticsMember
2020-01-01
2020-12-31
0000751364
nnn:AlvinTX1Member
nnn:CaliberCollisionMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AlvinTX1Member
nnn:CaliberCollisionMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:GalvestonTX1Member
nnn:CaliberCollisionMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:GalvestonTX1Member
nnn:CaliberCollisionMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:HoustonTX1Member
nnn:CaliberCollisionMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:HoustonTX1Member
nnn:CaliberCollisionMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:CopperasCoveTX1Member
nnn:CaliberCollisionMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:CopperasCoveTX1Member
nnn:CaliberCollisionMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:CaliberCollisionMember
nnn:OperatingLeaseMember
nnn:KilleenTX1Member
2020-12-31
0000751364
nnn:CaliberCollisionMember
nnn:OperatingLeaseMember
nnn:KilleenTX1Member
2020-01-01
2020-12-31
0000751364
nnn:AustinTX1Member
nnn:CaliberCollisionMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AustinTX1Member
nnn:CaliberCollisionMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:CaliberCollisionMember
nnn:GilbertAZ1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:CaliberCollisionMember
nnn:GilbertAZ1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SpringTX1Member
nnn:CaliberCollisionMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SpringTX1Member
nnn:CaliberCollisionMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:CaliberCollisionMember
nnn:OperatingLeaseMember
nnn:TomballTX1Member
2020-12-31
0000751364
nnn:CaliberCollisionMember
nnn:OperatingLeaseMember
nnn:TomballTX1Member
2020-01-01
2020-12-31
0000751364
nnn:EdmondOK1Member
nnn:CaliberCollisionMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:EdmondOK1Member
nnn:CaliberCollisionMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:CaliberCollisionMember
nnn:DuluthGA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:CaliberCollisionMember
nnn:DuluthGA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SanAntonioTX1Member
nnn:CaliberCollisionMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SanAntonioTX1Member
nnn:CaliberCollisionMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:NapervilleIL1Member
nnn:CaliberCollisionMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:NapervilleIL1Member
nnn:CaliberCollisionMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:NapervilleIL2Member
nnn:CaliberCollisionMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:NapervilleIL2Member
nnn:CaliberCollisionMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:CaliberCollisionMember
nnn:OperatingLeaseMember
nnn:SchillerParkIL1Member
2020-12-31
0000751364
nnn:CaliberCollisionMember
nnn:OperatingLeaseMember
nnn:SchillerParkIL1Member
2020-01-01
2020-12-31
0000751364
nnn:CaliberCollisionMember
nnn:OperatingLeaseMember
nnn:MansfieldTX1Member
2020-12-31
0000751364
nnn:CaliberCollisionMember
nnn:OperatingLeaseMember
nnn:MansfieldTX1Member
2020-01-01
2020-12-31
0000751364
nnn:CaliberCollisionMember
nnn:OperatingLeaseMember
nnn:TurnersvilleNJ1Member
2020-12-31
0000751364
nnn:CaliberCollisionMember
nnn:OperatingLeaseMember
nnn:TurnersvilleNJ1Member
2020-01-01
2020-12-31
0000751364
nnn:RockfordIL1Member
nnn:CaliberCollisionMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:RockfordIL1Member
nnn:CaliberCollisionMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:PembrokePinesFL1Member
nnn:CaliberCollisionMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:PembrokePinesFL1Member
nnn:CaliberCollisionMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AltamonteSpringsFL1Member
nnn:CaliberCollisionMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AltamonteSpringsFL1Member
nnn:CaliberCollisionMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:HuntersvilleNC1Member
nnn:CaliberCollisionMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:HuntersvilleNC1Member
nnn:CaliberCollisionMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:CaliberCollisionMember
nnn:OperatingLeaseMember
nnn:ArlingtonTNMember
2020-12-31
0000751364
nnn:CaliberCollisionMember
nnn:OperatingLeaseMember
nnn:ArlingtonTNMember
2020-01-01
2020-12-31
0000751364
nnn:CaliberCollisionMember
nnn:JacksonTN1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:CaliberCollisionMember
nnn:JacksonTN1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:CaliberCollisionMember
nnn:MuncieIN1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:CaliberCollisionMember
nnn:MuncieIN1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:VacavilleCA1Member
nnn:CampingWorldMember
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:VacavilleCA1Member
nnn:CampingWorldMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:NorthLittleRockAR1Member
nnn:CampingWorldMember
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:NorthLittleRockAR1Member
nnn:CampingWorldMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:StraffordMO1Member
nnn:CampingWorldMember
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:StraffordMO1Member
nnn:CampingWorldMember
2020-01-01
2020-12-31
0000751364
nnn:AvondaleAZ1Member
nnn:OperatingLeaseMember
nnn:CampingWorldMember
2020-12-31
0000751364
nnn:AvondaleAZ1Member
nnn:OperatingLeaseMember
nnn:CampingWorldMember
2020-01-01
2020-12-31
0000751364
nnn:MesaAZ1Member
nnn:OperatingLeaseMember
nnn:CampingWorldMember
2020-12-31
0000751364
nnn:MesaAZ1Member
nnn:OperatingLeaseMember
nnn:CampingWorldMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:BowlingGreenKY1Member
nnn:CampingWorldMember
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:BowlingGreenKY1Member
nnn:CampingWorldMember
2020-01-01
2020-12-31
0000751364
nnn:CouncilBluffsIA1Member
nnn:OperatingLeaseMember
nnn:CampingWorldMember
2020-12-31
0000751364
nnn:CouncilBluffsIA1Member
nnn:OperatingLeaseMember
nnn:CampingWorldMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:RoanokeVA1Member
nnn:CampingWorldMember
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:RoanokeVA1Member
nnn:CampingWorldMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:GoldenCO1Member
nnn:CampingWorldMember
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:GoldenCO1Member
nnn:CampingWorldMember
2020-01-01
2020-12-31
0000751364
nnn:KissimmeeFL1Member
nnn:OperatingLeaseMember
nnn:CampingWorldMember
2020-12-31
0000751364
nnn:KissimmeeFL1Member
nnn:OperatingLeaseMember
nnn:CampingWorldMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:LaMiradaCA1Member
nnn:CampingWorldMember
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:LaMiradaCA1Member
nnn:CampingWorldMember
2020-01-01
2020-12-31
0000751364
nnn:NashvilleTN1Member
nnn:OperatingLeaseMember
nnn:CampingWorldMember
2020-12-31
0000751364
nnn:NashvilleTN1Member
nnn:OperatingLeaseMember
nnn:CampingWorldMember
2020-01-01
2020-12-31
0000751364
nnn:ValenciaCA1Member
nnn:OperatingLeaseMember
nnn:CampingWorldMember
2020-12-31
0000751364
nnn:ValenciaCA1Member
nnn:OperatingLeaseMember
nnn:CampingWorldMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:CaleraAL1Member
nnn:CampingWorldMember
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:CaleraAL1Member
nnn:CampingWorldMember
2020-01-01
2020-12-31
0000751364
nnn:CocoaFL1Member
nnn:OperatingLeaseMember
nnn:CampingWorldMember
2020-12-31
0000751364
nnn:CocoaFL1Member
nnn:OperatingLeaseMember
nnn:CampingWorldMember
2020-01-01
2020-12-31
0000751364
nnn:DoverFL1Member
nnn:OperatingLeaseMember
nnn:CampingWorldMember
2020-12-31
0000751364
nnn:DoverFL1Member
nnn:OperatingLeaseMember
nnn:CampingWorldMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:CampingWorldMember
nnn:GrainValleyMO1Member
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:CampingWorldMember
nnn:GrainValleyMO1Member
2020-01-01
2020-12-31
0000751364
nnn:LubbockTX1Member
nnn:OperatingLeaseMember
nnn:CampingWorldMember
2020-12-31
0000751364
nnn:LubbockTX1Member
nnn:OperatingLeaseMember
nnn:CampingWorldMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:OliveBranchMS1Member
nnn:CampingWorldMember
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:OliveBranchMS1Member
nnn:CampingWorldMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:CedarFallsIA1Member
nnn:CampingWorldMember
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:CedarFallsIA1Member
nnn:CampingWorldMember
2020-01-01
2020-12-31
0000751364
nnn:AkronOH1Member
nnn:OperatingLeaseMember
nnn:CampingWorldMember
2020-12-31
0000751364
nnn:AkronOH1Member
nnn:OperatingLeaseMember
nnn:CampingWorldMember
2020-01-01
2020-12-31
0000751364
nnn:AnnistonAL1Member
nnn:OperatingLeaseMember
nnn:CampingWorldMember
2020-12-31
0000751364
nnn:AnnistonAL1Member
nnn:OperatingLeaseMember
nnn:CampingWorldMember
2020-01-01
2020-12-31
0000751364
nnn:RichmondIN1Member
nnn:OperatingLeaseMember
nnn:CampingWorldMember
2020-12-31
0000751364
nnn:RichmondIN1Member
nnn:OperatingLeaseMember
nnn:CampingWorldMember
2020-01-01
2020-12-31
0000751364
nnn:MarionNC1Member
nnn:OperatingLeaseMember
nnn:CampingWorldMember
2020-12-31
0000751364
nnn:MarionNC1Member
nnn:OperatingLeaseMember
nnn:CampingWorldMember
2020-01-01
2020-12-31
0000751364
nnn:SyracuseNY1Member
nnn:OperatingLeaseMember
nnn:CampingWorldMember
2020-12-31
0000751364
nnn:SyracuseNY1Member
nnn:OperatingLeaseMember
nnn:CampingWorldMember
2020-01-01
2020-12-31
0000751364
nnn:JacksonMS1Member
nnn:OperatingLeaseMember
nnn:CampingWorldMember
2020-12-31
0000751364
nnn:JacksonMS1Member
nnn:OperatingLeaseMember
nnn:CampingWorldMember
2020-01-01
2020-12-31
0000751364
nnn:DavenportIA1Member
nnn:OperatingLeaseMember
nnn:CampingWorldMember
2020-12-31
0000751364
nnn:DavenportIA1Member
nnn:OperatingLeaseMember
nnn:CampingWorldMember
2020-01-01
2020-12-31
0000751364
nnn:ThornburgVA1Member
nnn:OperatingLeaseMember
nnn:CampingWorldMember
2020-12-31
0000751364
nnn:ThornburgVA1Member
nnn:OperatingLeaseMember
nnn:CampingWorldMember
2020-01-01
2020-12-31
0000751364
nnn:AndersonCA1Member
nnn:OperatingLeaseMember
nnn:CampingWorldMember
2020-12-31
0000751364
nnn:AndersonCA1Member
nnn:OperatingLeaseMember
nnn:CampingWorldMember
2020-01-01
2020-12-31
0000751364
nnn:ApolloPA1Member
nnn:OperatingLeaseMember
nnn:CampingWorldMember
2020-12-31
0000751364
nnn:ApolloPA1Member
nnn:OperatingLeaseMember
nnn:CampingWorldMember
2020-01-01
2020-12-31
0000751364
nnn:BartowFL1Member
nnn:OperatingLeaseMember
nnn:CampingWorldMember
2020-12-31
0000751364
nnn:BartowFL1Member
nnn:OperatingLeaseMember
nnn:CampingWorldMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:CampingWorldMember
nnn:DothanAL1Member
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:CampingWorldMember
nnn:DothanAL1Member
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:GreenwoodIN1Member
nnn:CampingWorldMember
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:GreenwoodIN1Member
nnn:CampingWorldMember
2020-01-01
2020-12-31
0000751364
nnn:LubbockTX2Member
nnn:OperatingLeaseMember
nnn:CampingWorldMember
2020-12-31
0000751364
nnn:LubbockTX2Member
nnn:OperatingLeaseMember
nnn:CampingWorldMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:NewportNewsVA1Member
nnn:CampingWorldMember
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:NewportNewsVA1Member
nnn:CampingWorldMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:OklahomaCityOK1Member
nnn:CampingWorldMember
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:OklahomaCityOK1Member
nnn:CampingWorldMember
2020-01-01
2020-12-31
0000751364
nnn:AlvaradoTX1Member
nnn:OperatingLeaseMember
nnn:CampingWorldMember
2020-12-31
0000751364
nnn:AlvaradoTX1Member
nnn:OperatingLeaseMember
nnn:CampingWorldMember
2020-01-01
2020-12-31
0000751364
nnn:PascoWA1Member
nnn:OperatingLeaseMember
nnn:CampingWorldMember
2020-12-31
0000751364
nnn:PascoWA1Member
nnn:OperatingLeaseMember
nnn:CampingWorldMember
2020-01-01
2020-12-31
0000751364
nnn:TupeloMS1Member
nnn:OperatingLeaseMember
nnn:CaptainDsMember
2020-12-31
0000751364
nnn:TupeloMS1Member
nnn:OperatingLeaseMember
nnn:CaptainDsMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:CaptainDsMember
nnn:Ft.WorthTX1Member
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:CaptainDsMember
nnn:Ft.WorthTX1Member
2020-01-01
2020-12-31
0000751364
nnn:KingslandTX1Member
nnn:OperatingLeaseMember
nnn:CaptainDsMember
2020-12-31
0000751364
nnn:KingslandTX1Member
nnn:OperatingLeaseMember
nnn:CaptainDsMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:CaptainDsMember
nnn:DothanAL1Member
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:CaptainDsMember
nnn:DothanAL1Member
2020-01-01
2020-12-31
0000751364
nnn:BoilingSpringsSC1Member
nnn:OperatingLeaseMember
nnn:CaptainDsMember
2020-12-31
0000751364
nnn:BoilingSpringsSC1Member
nnn:OperatingLeaseMember
nnn:CaptainDsMember
2020-01-01
2020-12-31
0000751364
nnn:HermitageTN1Member
nnn:OperatingLeaseMember
nnn:CaptainDsMember
2020-12-31
0000751364
nnn:HermitageTN1Member
nnn:OperatingLeaseMember
nnn:CaptainDsMember
2020-01-01
2020-12-31
0000751364
nnn:EasleySC1Member
nnn:OperatingLeaseMember
nnn:CaptainDsMember
2020-12-31
0000751364
nnn:EasleySC1Member
nnn:OperatingLeaseMember
nnn:CaptainDsMember
2020-01-01
2020-12-31
0000751364
nnn:AugustaGA1Member
nnn:OperatingLeaseMember
nnn:CaptainDsMember
2020-12-31
0000751364
nnn:AugustaGA1Member
nnn:OperatingLeaseMember
nnn:CaptainDsMember
2020-01-01
2020-12-31
0000751364
nnn:AugustaGA2Member
nnn:OperatingLeaseMember
nnn:CaptainDsMember
2020-12-31
0000751364
nnn:AugustaGA2Member
nnn:OperatingLeaseMember
nnn:CaptainDsMember
2020-01-01
2020-12-31
0000751364
nnn:AugustaGA3Member
nnn:OperatingLeaseMember
nnn:CaptainDsMember
2020-12-31
0000751364
nnn:AugustaGA3Member
nnn:OperatingLeaseMember
nnn:CaptainDsMember
2020-01-01
2020-12-31
0000751364
nnn:AugustaGA4Member
nnn:OperatingLeaseMember
nnn:CaptainDsMember
2020-12-31
0000751364
nnn:AugustaGA4Member
nnn:OperatingLeaseMember
nnn:CaptainDsMember
2020-01-01
2020-12-31
0000751364
nnn:EastmanGA1Member
nnn:OperatingLeaseMember
nnn:CaptainDsMember
2020-12-31
0000751364
nnn:EastmanGA1Member
nnn:OperatingLeaseMember
nnn:CaptainDsMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:CaptainDsMember
nnn:FortValleyGA1Member
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:CaptainDsMember
nnn:FortValleyGA1Member
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:CaptainDsMember
nnn:MaconGA1Member
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:CaptainDsMember
nnn:MaconGA1Member
2020-01-01
2020-12-31
0000751364
nnn:PerryGA1Member
nnn:OperatingLeaseMember
nnn:CaptainDsMember
2020-12-31
0000751364
nnn:PerryGA1Member
nnn:OperatingLeaseMember
nnn:CaptainDsMember
2020-01-01
2020-12-31
0000751364
nnn:BatonRougeLA1Member
nnn:OperatingLeaseMember
nnn:CaptainDsMember
2020-12-31
0000751364
nnn:BatonRougeLA1Member
nnn:OperatingLeaseMember
nnn:CaptainDsMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:CaptainDsMember
nnn:ColumbiaSC1Member
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:CaptainDsMember
nnn:ColumbiaSC1Member
2020-01-01
2020-12-31
0000751364
nnn:CantonGA1Member
nnn:OperatingLeaseMember
nnn:CaptainDsMember
2020-12-31
0000751364
nnn:CantonGA1Member
nnn:OperatingLeaseMember
nnn:CaptainDsMember
2020-01-01
2020-12-31
0000751364
nnn:MilwaukeeWI1Member
nnn:OperatingLeaseMember
nnn:CaptainDsMember
2020-12-31
0000751364
nnn:MilwaukeeWI1Member
nnn:OperatingLeaseMember
nnn:CaptainDsMember
2020-01-01
2020-12-31
0000751364
nnn:LugoffSC1Member
nnn:OperatingLeaseMember
nnn:CaptainDsMember
2020-12-31
0000751364
nnn:LugoffSC1Member
nnn:OperatingLeaseMember
nnn:CaptainDsMember
2020-01-01
2020-12-31
0000751364
nnn:NorthAugustaSC1Member
nnn:OperatingLeaseMember
nnn:CaptainDsMember
2020-12-31
0000751364
nnn:NorthAugustaSC1Member
nnn:OperatingLeaseMember
nnn:CaptainDsMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:CaptainDsMember
nnn:OrangeburgSC1Member
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:CaptainDsMember
nnn:OrangeburgSC1Member
2020-01-01
2020-12-31
0000751364
nnn:SumterSC1Member
nnn:OperatingLeaseMember
nnn:CaptainDsMember
2020-12-31
0000751364
nnn:SumterSC1Member
nnn:OperatingLeaseMember
nnn:CaptainDsMember
2020-01-01
2020-12-31
0000751364
nnn:CrestviewFL1Member
nnn:OperatingLeaseMember
nnn:CaptainDsMember
2020-12-31
0000751364
nnn:CrestviewFL1Member
nnn:OperatingLeaseMember
nnn:CaptainDsMember
2020-01-01
2020-12-31
0000751364
nnn:MilwaukeeWI2Member
nnn:OperatingLeaseMember
nnn:CaptainDsMember
2020-12-31
0000751364
nnn:MilwaukeeWI2Member
nnn:OperatingLeaseMember
nnn:CaptainDsMember
2020-01-01
2020-12-31
0000751364
nnn:MoultrieGA1Member
nnn:OperatingLeaseMember
nnn:CaptainDsMember
2020-12-31
0000751364
nnn:MoultrieGA1Member
nnn:OperatingLeaseMember
nnn:CaptainDsMember
2020-01-01
2020-12-31
0000751364
nnn:ThomasvilleGA1Member
nnn:OperatingLeaseMember
nnn:CaptainDsMember
2020-12-31
0000751364
nnn:ThomasvilleGA1Member
nnn:OperatingLeaseMember
nnn:CaptainDsMember
2020-01-01
2020-12-31
0000751364
nnn:DadeCityFL1Member
nnn:OperatingLeaseMember
nnn:CaptainDsMember
2020-12-31
0000751364
nnn:DadeCityFL1Member
nnn:OperatingLeaseMember
nnn:CaptainDsMember
2020-01-01
2020-12-31
0000751364
nnn:PellCityAL1Member
nnn:OperatingLeaseMember
nnn:CaptainDsMember
2020-12-31
0000751364
nnn:PellCityAL1Member
nnn:OperatingLeaseMember
nnn:CaptainDsMember
2020-01-01
2020-12-31
0000751364
nnn:OxfordAL1Member
nnn:OperatingLeaseMember
nnn:CaptainDsMember
2020-12-31
0000751364
nnn:OxfordAL1Member
nnn:OperatingLeaseMember
nnn:CaptainDsMember
2020-01-01
2020-12-31
0000751364
nnn:CardenasMarketsMember
nnn:PaloAltoCA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:CardenasMarketsMember
nnn:PaloAltoCA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:SpokaneWA1Member
nnn:CarlsJrMember
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:SpokaneWA1Member
nnn:CarlsJrMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:CarlsJrMember
nnn:TucsonAZ1Member
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:CarlsJrMember
nnn:TucsonAZ1Member
2020-01-01
2020-12-31
0000751364
nnn:CarQuestMember
nnn:AnacondaMT1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:CarQuestMember
nnn:AnacondaMT1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:BakerMT1Member
nnn:CarQuestMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:BakerMT1Member
nnn:CarQuestMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:BakersfieldCA1Member
nnn:CarQuestMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:BakersfieldCA1Member
nnn:CarQuestMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:BayCityMI1Member
nnn:CarQuestMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:BayCityMI1Member
nnn:CarQuestMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:CarQuestMember
nnn:BillingsMT1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:CarQuestMember
nnn:BillingsMT1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:CarQuestMember
nnn:OperatingLeaseMember
nnn:BurlingtonNC1Member
2020-12-31
0000751364
nnn:CarQuestMember
nnn:OperatingLeaseMember
nnn:BurlingtonNC1Member
2020-01-01
2020-12-31
0000751364
nnn:CarQuestMember
nnn:OperatingLeaseMember
nnn:CodyWY1Member
2020-12-31
0000751364
nnn:CarQuestMember
nnn:OperatingLeaseMember
nnn:CodyWY1Member
2020-01-01
2020-12-31
0000751364
nnn:ColstripMT1Member
nnn:CarQuestMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ColstripMT1Member
nnn:CarQuestMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:CutBankMT1Member
nnn:CarQuestMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:CutBankMT1Member
nnn:CarQuestMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:CarQuestMember
nnn:DillonMT1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:CarQuestMember
nnn:DillonMT1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:EnterpriseAL1Member
nnn:CarQuestMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:EnterpriseAL1Member
nnn:CarQuestMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:CarQuestMember
nnn:FairbanksAK1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:CarQuestMember
nnn:FairbanksAK1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:CarQuestMember
nnn:OperatingLeaseMember
nnn:GlasgowMT1Member
2020-12-31
0000751364
nnn:CarQuestMember
nnn:OperatingLeaseMember
nnn:GlasgowMT1Member
2020-01-01
2020-12-31
0000751364
nnn:GreatFallsMT1Member
nnn:CarQuestMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:GreatFallsMT1Member
nnn:CarQuestMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:HamiltonMT1Member
nnn:CarQuestMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:HamiltonMT1Member
nnn:CarQuestMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:HarlemMT1Member
nnn:CarQuestMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:HarlemMT1Member
nnn:CarQuestMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:CarQuestMember
nnn:HelenaMT1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:CarQuestMember
nnn:HelenaMT1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:KalispellMT1Member
nnn:CarQuestMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:KalispellMT1Member
nnn:CarQuestMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:CarQuestMember
nnn:LafayetteLA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:CarQuestMember
nnn:LafayetteLA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:LewistownMT1Member
nnn:CarQuestMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:LewistownMT1Member
nnn:CarQuestMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:CarQuestMember
nnn:OperatingLeaseMember
nnn:LivingstonMT1Member
2020-12-31
0000751364
nnn:CarQuestMember
nnn:OperatingLeaseMember
nnn:LivingstonMT1Member
2020-01-01
2020-12-31
0000751364
nnn:CarQuestMember
nnn:LufkinTX1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:CarQuestMember
nnn:LufkinTX1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:CarQuestMember
nnn:MaltaMT1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:CarQuestMember
nnn:MaltaMT1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MemphisTN1Member
nnn:CarQuestMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MemphisTN1Member
nnn:CarQuestMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:CarQuestMember
nnn:OperatingLeaseMember
nnn:MetamoraIL1Member
2020-12-31
0000751364
nnn:CarQuestMember
nnn:OperatingLeaseMember
nnn:MetamoraIL1Member
2020-01-01
2020-12-31
0000751364
nnn:CarQuestMember
nnn:NicholasvilleKY1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:CarQuestMember
nnn:NicholasvilleKY1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:CarQuestMember
nnn:OverlandMO1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:CarQuestMember
nnn:OverlandMO1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:CarQuestMember
nnn:OwossoMI1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:CarQuestMember
nnn:OwossoMI1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:PearlMS1Member
nnn:CarQuestMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:PearlMS1Member
nnn:CarQuestMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:CarQuestMember
nnn:PowellWY1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:CarQuestMember
nnn:PowellWY1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:CarQuestMember
nnn:OperatingLeaseMember
nnn:RivertonWY1Member
2020-12-31
0000751364
nnn:CarQuestMember
nnn:OperatingLeaseMember
nnn:RivertonWY1Member
2020-01-01
2020-12-31
0000751364
nnn:RoundupMT1Member
nnn:CarQuestMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:RoundupMT1Member
nnn:CarQuestMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:CarQuestMember
nnn:SheboyganWI1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:CarQuestMember
nnn:SheboyganWI1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:CarQuestMember
nnn:OperatingLeaseMember
nnn:ShelbyMT1Member
2020-12-31
0000751364
nnn:CarQuestMember
nnn:OperatingLeaseMember
nnn:ShelbyMT1Member
2020-01-01
2020-12-31
0000751364
nnn:SidneyMT1Member
nnn:CarQuestMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SidneyMT1Member
nnn:CarQuestMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:CarQuestMember
nnn:SpartanburgSC1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:CarQuestMember
nnn:SpartanburgSC1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:CarQuestMember
nnn:OperatingLeaseMember
nnn:SulphurLA1Member
2020-12-31
0000751364
nnn:CarQuestMember
nnn:OperatingLeaseMember
nnn:SulphurLA1Member
2020-01-01
2020-12-31
0000751364
nnn:CarQuestMember
nnn:OperatingLeaseMember
nnn:WasillaAK1Member
2020-12-31
0000751364
nnn:CarQuestMember
nnn:OperatingLeaseMember
nnn:WasillaAK1Member
2020-01-01
2020-12-31
0000751364
nnn:WhitefishMT1Member
nnn:CarQuestMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:WhitefishMT1Member
nnn:CarQuestMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:CarQuestMember
nnn:OperatingLeaseMember
nnn:WillistonND1Member
2020-12-31
0000751364
nnn:CarQuestMember
nnn:OperatingLeaseMember
nnn:WillistonND1Member
2020-01-01
2020-12-31
0000751364
nnn:BillingsMT2Member
nnn:CarQuestMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:BillingsMT2Member
nnn:CarQuestMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:CarQuestMember
nnn:OperatingLeaseMember
nnn:SpokaneWA1Member
2020-12-31
0000751364
nnn:CarQuestMember
nnn:OperatingLeaseMember
nnn:SpokaneWA1Member
2020-01-01
2020-12-31
0000751364
nnn:CarQuestMember
nnn:MissoulaMT1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:CarQuestMember
nnn:MissoulaMT1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:CarQuestMember
nnn:OperatingLeaseMember
nnn:SheridanWY1Member
2020-12-31
0000751364
nnn:CarQuestMember
nnn:OperatingLeaseMember
nnn:SheridanWY1Member
2020-01-01
2020-12-31
0000751364
nnn:CarQuestMember
nnn:SaukCenterMN1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:CarQuestMember
nnn:SaukCenterMN1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:WatfordCityND1Member
nnn:CarQuestMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:WatfordCityND1Member
nnn:CarQuestMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:WorlandWY1Member
nnn:CarQuestMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:WorlandWY1Member
nnn:CarQuestMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:CarQuestMember
nnn:AnchorageAK1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:CarQuestMember
nnn:AnchorageAK1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:CarQuestMember
nnn:HavreMT1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:CarQuestMember
nnn:HavreMT1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:CarQuestMember
nnn:SanAntonioTX1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:CarQuestMember
nnn:SanAntonioTX1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:CarQuestMember
nnn:SanAntonioTX2Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:CarQuestMember
nnn:SanAntonioTX2Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:JacksonMS1Member
nnn:CarQuestMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:JacksonMS1Member
nnn:CarQuestMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:CantonMI1Member
nnn:CarrabbasMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:CantonMI1Member
nnn:CarrabbasMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:CarrabbasMember
nnn:OperatingLeaseMember
nnn:DallasTX1Member
2020-12-31
0000751364
nnn:CarrabbasMember
nnn:OperatingLeaseMember
nnn:DallasTX1Member
2020-01-01
2020-12-31
0000751364
nnn:GainesvilleFL1Member
nnn:CarrabbasMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:GainesvilleFL1Member
nnn:CarrabbasMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:JacksonvilleFL1Member
nnn:CarrabbasMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:JacksonvilleFL1Member
nnn:CarrabbasMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:CarrabbasMember
nnn:MasonOH1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:CarrabbasMember
nnn:MasonOH1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:CarrabbasMember
nnn:MaumeeOH1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:CarrabbasMember
nnn:MaumeeOH1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:CarrabbasMember
nnn:MobileAL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:CarrabbasMember
nnn:MobileAL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:PensacolaFL1Member
nnn:CarrabbasMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:PensacolaFL1Member
nnn:CarrabbasMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:CarrabbasMember
nnn:WaldorfMD1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:CarrabbasMember
nnn:WaldorfMD1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AustinTX1Member
nnn:OperatingLeaseMember
nnn:CarvanaMember
2020-12-31
0000751364
nnn:AustinTX1Member
nnn:OperatingLeaseMember
nnn:CarvanaMember
2020-01-01
2020-12-31
0000751364
nnn:CentervilleOH1Member
nnn:CarversMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:CentervilleOH1Member
nnn:CarversMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:GrapevineTX1Member
nnn:OperatingLeaseMember
nnn:ChairKingMember
2020-12-31
0000751364
nnn:GrapevineTX1Member
nnn:OperatingLeaseMember
nnn:ChairKingMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:MoncksCornerSC1Member
nnn:CharlestonAutoAuctionMember
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:MoncksCornerSC1Member
nnn:CharlestonAutoAuctionMember
2020-01-01
2020-12-31
0000751364
nnn:BaytownTX1Member
nnn:OperatingLeaseMember
nnn:CheddarsCafeMember
2020-12-31
0000751364
nnn:BaytownTX1Member
nnn:OperatingLeaseMember
nnn:CheddarsCafeMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:CheddarsCafeMember
nnn:WestMonroeLA1Member
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:CheddarsCafeMember
nnn:WestMonroeLA1Member
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:SelmaTX1Member
nnn:CheddarsCafeMember
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:SelmaTX1Member
nnn:CheddarsCafeMember
2020-01-01
2020-12-31
0000751364
nnn:JonesboroAR1Member
nnn:OperatingLeaseMember
nnn:CheddarsCafeMember
2020-12-31
0000751364
nnn:JonesboroAR1Member
nnn:OperatingLeaseMember
nnn:CheddarsCafeMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:CheddarsCafeMember
nnn:HattiesburgMS1Member
2020-12-31
0000751364
nnn:PleasantPrairieWI1Member
nnn:OperatingLeaseMember
nnn:CheddarsCafeMember
2020-12-31
0000751364
nnn:PleasantPrairieWI1Member
nnn:OperatingLeaseMember
nnn:CheddarsCafeMember
2020-01-01
2020-12-31
0000751364
nnn:LibertyMO1Member
nnn:OperatingLeaseMember
nnn:CheddarsCafeMember
2020-12-31
0000751364
nnn:LibertyMO1Member
nnn:OperatingLeaseMember
nnn:CheddarsCafeMember
2020-01-01
2020-12-31
0000751364
nnn:AlcoaTN1Member
nnn:OperatingLeaseMember
nnn:CheddarsCafeMember
2020-12-31
0000751364
nnn:AlcoaTN1Member
nnn:OperatingLeaseMember
nnn:CheddarsCafeMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:CheddarsCafeMember
nnn:AshevilleNC1Member
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:CheddarsCafeMember
nnn:AshevilleNC1Member
2020-01-01
2020-12-31
0000751364
nnn:CharlotteNC1Member
nnn:OperatingLeaseMember
nnn:CheddarsCafeMember
2020-12-31
0000751364
nnn:CharlotteNC1Member
nnn:OperatingLeaseMember
nnn:CheddarsCafeMember
2020-01-01
2020-12-31
0000751364
nnn:CordovaTN1Member
nnn:OperatingLeaseMember
nnn:CheddarsCafeMember
2020-12-31
0000751364
nnn:CordovaTN1Member
nnn:OperatingLeaseMember
nnn:CheddarsCafeMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:KnoxvilleTN1Member
nnn:CheddarsCafeMember
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:KnoxvilleTN1Member
nnn:CheddarsCafeMember
2020-01-01
2020-12-31
0000751364
nnn:MorgantownWV1Member
nnn:OperatingLeaseMember
nnn:CheddarsCafeMember
2020-12-31
0000751364
nnn:MorgantownWV1Member
nnn:OperatingLeaseMember
nnn:CheddarsCafeMember
2020-01-01
2020-12-31
0000751364
nnn:TriadelphiaWV1Member
nnn:OperatingLeaseMember
nnn:CheddarsCafeMember
2020-12-31
0000751364
nnn:TriadelphiaWV1Member
nnn:OperatingLeaseMember
nnn:CheddarsCafeMember
2020-01-01
2020-12-31
0000751364
nnn:CamdenSC1Member
nnn:ChilisMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:CamdenSC1Member
nnn:ChilisMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ChilisMember
nnn:MilledgevilleGA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ChilisMember
nnn:MilledgevilleGA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ChilisMember
nnn:AlbanyGA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ChilisMember
nnn:AlbanyGA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ChilisMember
nnn:StatesboroGA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ChilisMember
nnn:StatesboroGA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FlorenceSC1Member
nnn:ChilisMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FlorenceSC1Member
nnn:ChilisMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ValdostaGA1Member
nnn:ChilisMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ValdostaGA1Member
nnn:ChilisMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TiftonGA1Member
nnn:ChilisMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TiftonGA1Member
nnn:ChilisMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ChilisMember
nnn:OperatingLeaseMember
nnn:EvansGA1Member
2020-12-31
0000751364
nnn:ChilisMember
nnn:OperatingLeaseMember
nnn:EvansGA1Member
2020-01-01
2020-12-31
0000751364
nnn:ChilisMember
nnn:JeffersonCityMO1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ChilisMember
nnn:JeffersonCityMO1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ChilisMember
nnn:MerriamKS1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ChilisMember
nnn:MerriamKS1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:WichitaKS1Member
nnn:ChilisMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:WichitaKS1Member
nnn:ChilisMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:HutchinsonKS1Member
nnn:ChilisMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:HutchinsonKS1Member
nnn:ChilisMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ChilisMember
nnn:OperatingLeaseMember
nnn:LexingtonSC1Member
2020-12-31
0000751364
nnn:ChilisMember
nnn:OperatingLeaseMember
nnn:LexingtonSC1Member
2020-01-01
2020-12-31
0000751364
nnn:ChinaGardenMember
nnn:OperatingLeaseMember
nnn:TucsonAZ1Member
2020-12-31
0000751364
nnn:ChinaGardenMember
nnn:OperatingLeaseMember
nnn:TucsonAZ1Member
2020-01-01
2020-12-31
0000751364
nnn:FlorissantMO1Member
nnn:ChipotleMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FlorissantMO1Member
nnn:ChipotleMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ChuckE.CheesesMember
nnn:MobileAL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ChuckE.CheesesMember
nnn:MobileAL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ChuckE.CheesesMember
nnn:AntiochTN1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ChuckE.CheesesMember
nnn:AntiochTN1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:HuntsvilleAL1Member
nnn:ChuckE.CheesesMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:HuntsvilleAL1Member
nnn:ChuckE.CheesesMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ChuckE.CheesesMember
nnn:OperatingLeaseMember
nnn:SaginawMI1Member
2020-12-31
0000751364
nnn:ChuckE.CheesesMember
nnn:OperatingLeaseMember
nnn:SaginawMI1Member
2020-01-01
2020-12-31
0000751364
nnn:AlbuquerqueNM1Member
nnn:ChuckE.CheesesMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AlbuquerqueNM1Member
nnn:ChuckE.CheesesMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ChuckE.CheesesMember
nnn:AlexandriaLA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ChuckE.CheesesMember
nnn:AlexandriaLA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ChuckE.CheesesMember
nnn:AlpharettaGA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ChuckE.CheesesMember
nnn:AlpharettaGA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ChuckE.CheesesMember
nnn:OperatingLeaseMember
nnn:AtlantaGA1Member
2020-12-31
0000751364
nnn:ChuckE.CheesesMember
nnn:OperatingLeaseMember
nnn:AtlantaGA1Member
2020-01-01
2020-12-31
0000751364
nnn:ChuckE.CheesesMember
nnn:AustinTX1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ChuckE.CheesesMember
nnn:AustinTX1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ChuckE.CheesesMember
nnn:BataviaIL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ChuckE.CheesesMember
nnn:BataviaIL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ChuckE.CheesesMember
nnn:BirminghamAL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ChuckE.CheesesMember
nnn:BirminghamAL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ChuckE.CheesesMember
nnn:OperatingLeaseMember
nnn:ColumbiaSC1Member
2020-12-31
0000751364
nnn:ChuckE.CheesesMember
nnn:OperatingLeaseMember
nnn:ColumbiaSC1Member
2020-01-01
2020-12-31
0000751364
nnn:ChuckE.CheesesMember
nnn:ConroeTX1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ChuckE.CheesesMember
nnn:ConroeTX1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:CordovaTN1Member
nnn:ChuckE.CheesesMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:CordovaTN1Member
nnn:ChuckE.CheesesMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:DentonTX1Member
nnn:ChuckE.CheesesMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:DentonTX1Member
nnn:ChuckE.CheesesMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ChuckE.CheesesMember
nnn:ElCentroCA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ChuckE.CheesesMember
nnn:ElCentroCA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:EnglewoodCO1Member
nnn:ChuckE.CheesesMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:EnglewoodCO1Member
nnn:ChuckE.CheesesMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FoothillRanchCA1Member
nnn:ChuckE.CheesesMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FoothillRanchCA1Member
nnn:ChuckE.CheesesMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ChuckE.CheesesMember
nnn:FortWayneIN1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ChuckE.CheesesMember
nnn:FortWayneIN1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ChuckE.CheesesMember
nnn:GarlandTX1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ChuckE.CheesesMember
nnn:GarlandTX1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ChuckE.CheesesMember
nnn:OperatingLeaseMember
nnn:GrandPrairieTX1Member
2020-12-31
0000751364
nnn:ChuckE.CheesesMember
nnn:OperatingLeaseMember
nnn:GrandPrairieTX1Member
2020-01-01
2020-12-31
0000751364
nnn:ChuckE.CheesesMember
nnn:GrapevineTX1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ChuckE.CheesesMember
nnn:GrapevineTX1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ChuckE.CheesesMember
nnn:GreenvilleSC1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ChuckE.CheesesMember
nnn:GreenvilleSC1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ChuckE.CheesesMember
nnn:HickoryNC1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ChuckE.CheesesMember
nnn:HickoryNC1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ChuckE.CheesesMember
nnn:HornLakeMS1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ChuckE.CheesesMember
nnn:HornLakeMS1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:JacksonvilleFL1Member
nnn:ChuckE.CheesesMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:JacksonvilleFL1Member
nnn:ChuckE.CheesesMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ChuckE.CheesesMember
nnn:OperatingLeaseMember
nnn:KatyTX1Member
2020-12-31
0000751364
nnn:ChuckE.CheesesMember
nnn:OperatingLeaseMember
nnn:KatyTX1Member
2020-01-01
2020-12-31
0000751364
nnn:ChuckE.CheesesMember
nnn:KennesawGA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ChuckE.CheesesMember
nnn:KennesawGA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ChuckE.CheesesMember
nnn:OperatingLeaseMember
nnn:KilleenTX1Member
2020-12-31
0000751364
nnn:ChuckE.CheesesMember
nnn:OperatingLeaseMember
nnn:KilleenTX1Member
2020-01-01
2020-12-31
0000751364
nnn:ChuckE.CheesesMember
nnn:OperatingLeaseMember
nnn:LakeCharlesLA1Member
2020-12-31
0000751364
nnn:ChuckE.CheesesMember
nnn:OperatingLeaseMember
nnn:LakeCharlesLA1Member
2020-01-01
2020-12-31
0000751364
nnn:ChuckE.CheesesMember
nnn:LittletonCO1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ChuckE.CheesesMember
nnn:LittletonCO1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ChuckE.CheesesMember
nnn:OperatingLeaseMember
nnn:LongviewTX1Member
2020-12-31
0000751364
nnn:ChuckE.CheesesMember
nnn:OperatingLeaseMember
nnn:LongviewTX1Member
2020-01-01
2020-12-31
0000751364
nnn:ChuckE.CheesesMember
nnn:OperatingLeaseMember
nnn:MadisonWI1Member
2020-12-31
0000751364
nnn:ChuckE.CheesesMember
nnn:OperatingLeaseMember
nnn:MadisonWI1Member
2020-01-01
2020-12-31
0000751364
nnn:MiamisburgOH1Member
nnn:ChuckE.CheesesMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MiamisburgOH1Member
nnn:ChuckE.CheesesMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ChuckE.CheesesMember
nnn:MidlandTX1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ChuckE.CheesesMember
nnn:MidlandTX1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:N.RichlandHillsTX1Member
nnn:ChuckE.CheesesMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:N.RichlandHillsTX1Member
nnn:ChuckE.CheesesMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ChuckE.CheesesMember
nnn:NorcrossGA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ChuckE.CheesesMember
nnn:NorcrossGA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:NorthCharlestonSC1Member
nnn:ChuckE.CheesesMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:NorthCharlestonSC1Member
nnn:ChuckE.CheesesMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ChuckE.CheesesMember
nnn:OperatingLeaseMember
nnn:OklahomaCityOK1Member
2020-12-31
0000751364
nnn:ChuckE.CheesesMember
nnn:OperatingLeaseMember
nnn:OklahomaCityOK1Member
2020-01-01
2020-12-31
0000751364
nnn:OlatheKS1Member
nnn:ChuckE.CheesesMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:OlatheKS1Member
nnn:ChuckE.CheesesMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ChuckE.CheesesMember
nnn:RacineWI1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ChuckE.CheesesMember
nnn:RacineWI1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ChuckE.CheesesMember
nnn:OperatingLeaseMember
nnn:RoanokeVA1Member
2020-12-31
0000751364
nnn:ChuckE.CheesesMember
nnn:OperatingLeaseMember
nnn:RoanokeVA1Member
2020-01-01
2020-12-31
0000751364
nnn:ChuckE.CheesesMember
nnn:SanAntonioTX1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ChuckE.CheesesMember
nnn:SanAntonioTX1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ChuckE.CheesesMember
nnn:SanAntonioTX2Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ChuckE.CheesesMember
nnn:SanAntonioTX2Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ChuckE.CheesesMember
nnn:SavannahGA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ChuckE.CheesesMember
nnn:SavannahGA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ChuckE.CheesesMember
nnn:OperatingLeaseMember
nnn:SharonvilleOH1Member
2020-12-31
0000751364
nnn:ChuckE.CheesesMember
nnn:OperatingLeaseMember
nnn:SharonvilleOH1Member
2020-01-01
2020-12-31
0000751364
nnn:ChuckE.CheesesMember
nnn:OperatingLeaseMember
nnn:SterlingHeightsMI1Member
2020-12-31
0000751364
nnn:ChuckE.CheesesMember
nnn:OperatingLeaseMember
nnn:SterlingHeightsMI1Member
2020-01-01
2020-12-31
0000751364
nnn:SugarlandTX1Member
nnn:ChuckE.CheesesMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SugarlandTX1Member
nnn:ChuckE.CheesesMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ChuckE.CheesesMember
nnn:TopekaKS1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ChuckE.CheesesMember
nnn:TopekaKS1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ChuckE.CheesesMember
nnn:VirginiaBeachVA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ChuckE.CheesesMember
nnn:VirginiaBeachVA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ChuckE.CheesesMember
nnn:OperatingLeaseMember
nnn:WichitaFallsTX1Member
2020-12-31
0000751364
nnn:ChuckE.CheesesMember
nnn:OperatingLeaseMember
nnn:WichitaFallsTX1Member
2020-01-01
2020-12-31
0000751364
nnn:WichitaKS1Member
nnn:ChuckE.CheesesMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:WichitaKS1Member
nnn:ChuckE.CheesesMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:YumaAZ1Member
nnn:ChuckE.CheesesMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:YumaAZ1Member
nnn:ChuckE.CheesesMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:CincinnatiOH1Member
nnn:OperatingLeaseMember
nnn:ChuysMember
2020-12-31
0000751364
nnn:CincinnatiOH1Member
nnn:OperatingLeaseMember
nnn:ChuysMember
2020-01-01
2020-12-31
0000751364
nnn:DraperUT1Member
nnn:CinemarkMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:DraperUT1Member
nnn:CinemarkMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:CinemarkMember
nnn:FortWorthTX1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:CinemarkMember
nnn:FortWorthTX1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:CincinnatiOH1Member
nnn:CinemarkMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:CincinnatiOH1Member
nnn:CinemarkMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:McCandlessPA1Member
nnn:CinemarkMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:McCandlessPA1Member
nnn:CinemarkMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:CinemarkMember
nnn:OperatingLeaseMember
nnn:MarinaCA1Member
2020-12-31
0000751364
nnn:CinemarkMember
nnn:OperatingLeaseMember
nnn:MarinaCA1Member
2020-01-01
2020-12-31
0000751364
nnn:CinemarkMember
nnn:AltoonaIA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:CinemarkMember
nnn:AltoonaIA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:CinemarkMember
nnn:AbileneTX1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:CinemarkMember
nnn:AbileneTX1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:CityBarbequeMember
nnn:CharlotteNC1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:CityBarbequeMember
nnn:CharlotteNC1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:RosevilleCA1Member
nnn:OperatingLeaseMember
nnn:ChainJumperMember
2020-12-31
0000751364
nnn:RosevilleCA1Member
nnn:OperatingLeaseMember
nnn:ChainJumperMember
2020-01-01
2020-12-31
0000751364
nnn:ClairtonPA1Member
nnn:ClairtonMiniMartMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ClairtonPA1Member
nnn:ClairtonMiniMartMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:BentonHarborMI1Member
nnn:Clossons3DTruckAutoMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:BentonHarborMI1Member
nnn:Clossons3DTruckAutoMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:CobbTheatreMember
nnn:OperatingLeaseMember
nnn:TallahasseeFL1Member
2020-12-31
0000751364
nnn:CobbTheatreMember
nnn:OperatingLeaseMember
nnn:TallahasseeFL1Member
2020-01-01
2020-12-31
0000751364
nnn:ContinentalRentalMember
nnn:LapeerMI1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ContinentalRentalMember
nnn:LapeerMI1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:IndependenceMO1Member
nnn:OperatingLeaseMember
nnn:CoolCrestMember
2020-12-31
0000751364
nnn:IndependenceMO1Member
nnn:OperatingLeaseMember
nnn:CoolCrestMember
2020-01-01
2020-12-31
0000751364
nnn:CoopersHawkMember
nnn:NewLenoxIL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:CoopersHawkMember
nnn:NewLenoxIL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:CentervilleOH1Member
nnn:CoopersHawkMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:CentervilleOH1Member
nnn:CoopersHawkMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AvonIN1Member
nnn:CoopersHawkMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:OrlandoFL1Member
nnn:OperatingLeaseMember
nnn:CORARehabilitationClinicsMember
2020-12-31
0000751364
nnn:OrlandoFL1Member
nnn:OperatingLeaseMember
nnn:CORARehabilitationClinicsMember
2020-01-01
2020-12-31
0000751364
nnn:IselinNJ1Member
nnn:OperatingLeaseMember
nnn:CrestFurnitureMember
2020-12-31
0000751364
nnn:IselinNJ1Member
nnn:OperatingLeaseMember
nnn:CrestFurnitureMember
2020-01-01
2020-12-31
0000751364
nnn:AntiochIL1Member
nnn:CrossAmericaMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AntiochIL1Member
nnn:CrossAmericaMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FoxLakeILMember
nnn:CrossAmericaMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FoxLakeILMember
nnn:CrossAmericaMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:CrossAmericaMember
nnn:GrayslakeIL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:CrossAmericaMember
nnn:GrayslakeIL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:JolietIL1Member
nnn:CrossAmericaMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:JolietIL1Member
nnn:CrossAmericaMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:LincolnshireIL1Member
nnn:CrossAmericaMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:LincolnshireIL1Member
nnn:CrossAmericaMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:CrossAmericaMember
nnn:OperatingLeaseMember
nnn:LovesParkIL1Member
2020-12-31
0000751364
nnn:CrossAmericaMember
nnn:OperatingLeaseMember
nnn:LovesParkIL1Member
2020-01-01
2020-12-31
0000751364
nnn:MarkhamIL1Member
nnn:CrossAmericaMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MarkhamIL1Member
nnn:CrossAmericaMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:CrossAmericaMember
nnn:OperatingLeaseMember
nnn:MattesonIL1Member
2020-12-31
0000751364
nnn:CrossAmericaMember
nnn:OperatingLeaseMember
nnn:MattesonIL1Member
2020-01-01
2020-12-31
0000751364
nnn:CrossAmericaMember
nnn:OperatingLeaseMember
nnn:OrlandParkIL1Member
2020-12-31
0000751364
nnn:CrossAmericaMember
nnn:OperatingLeaseMember
nnn:OrlandParkIL1Member
2020-01-01
2020-12-31
0000751364
nnn:CrossAmericaMember
nnn:OperatingLeaseMember
nnn:RichtonParkILMember
2020-12-31
0000751364
nnn:CrossAmericaMember
nnn:OperatingLeaseMember
nnn:RichtonParkILMember
2020-01-01
2020-12-31
0000751364
nnn:RockfordIL1Member
nnn:CrossAmericaMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:RockfordIL1Member
nnn:CrossAmericaMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:CrossAmericaMember
nnn:RockfordIL2Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:CrossAmericaMember
nnn:RockfordIL2Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:CrossAmericaMember
nnn:RockfordIL3Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:CrossAmericaMember
nnn:RockfordIL3Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SpringGroveIL1Member
nnn:CrossAmericaMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SpringGroveIL1Member
nnn:CrossAmericaMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:WadsworthILMember
nnn:CrossAmericaMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:WadsworthILMember
nnn:CrossAmericaMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:WaucondaIL1Member
nnn:CrossAmericaMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:WaucondaIL1Member
nnn:CrossAmericaMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:CSLPlasmaMember
nnn:HomesteadPA2Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:CSLPlasmaMember
nnn:HomesteadPA2Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:CSLPlasmaMember
nnn:WarnerRobinsGA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:CSLPlasmaMember
nnn:WarnerRobinsGA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:GenevaILMember
nnn:CurritoBurritosWithoutBordersMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:GenevaILMember
nnn:CurritoBurritosWithoutBordersMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:LafayetteLA1Member
nnn:CVSMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:LafayetteLA1Member
nnn:CVSMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MidwestCityOK1Member
nnn:CVSMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MidwestCityOK1Member
nnn:CVSMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:CVSMember
nnn:OperatingLeaseMember
nnn:PantegoTX1Member
2020-12-31
0000751364
nnn:CVSMember
nnn:OperatingLeaseMember
nnn:PantegoTX1Member
2020-01-01
2020-12-31
0000751364
nnn:CVSMember
nnn:LeavenworthKS1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:CVSMember
nnn:LeavenworthKS1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:LewisvilleTX1Member
nnn:CVSMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:LewisvilleTX1Member
nnn:CVSMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ForestHillTX1Member
nnn:CVSMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ForestHillTX1Member
nnn:CVSMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:GarlandTX1Member
nnn:CVSMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:GarlandTX1Member
nnn:CVSMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:OklahomaCityOK2Member
nnn:CVSMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:OklahomaCityOK2Member
nnn:CVSMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:CVSMember
nnn:OperatingLeaseMember
nnn:DallasTX1Member
2020-12-31
0000751364
nnn:CVSMember
nnn:OperatingLeaseMember
nnn:DallasTX1Member
2020-01-01
2020-12-31
0000751364
nnn:GladstoneMO1Member
nnn:CVSMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:GladstoneMO1Member
nnn:CVSMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:LubbockTX1Member
nnn:DairyQueenMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:LubbockTX1Member
nnn:DairyQueenMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:DaveBustersMember
nnn:OperatingLeaseMember
nnn:HilliardOH2Member
2020-12-31
0000751364
nnn:DaveBustersMember
nnn:OperatingLeaseMember
nnn:HilliardOH2Member
2020-01-01
2020-12-31
0000751364
nnn:DaveBustersMember
nnn:TulsaOK1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:DaveBustersMember
nnn:TulsaOK1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:WauwatosaWI1Member
nnn:DaveBustersMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:WauwatosaWI1Member
nnn:DaveBustersMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:DaveBustersMember
nnn:OrlandoFL5Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:DaveBustersMember
nnn:OrlandoFL5Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:OklahomaCityOK3Member
nnn:DaveBustersMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:OklahomaCityOK3Member
nnn:DaveBustersMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:DallasTX2Member
nnn:DaveBustersMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:DallasTX2Member
nnn:DaveBustersMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:DaveBustersMember
nnn:LivoniaMI2Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:DaveBustersMember
nnn:LivoniaMI2Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:EulessTX1Member
nnn:DaveBustersMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:EulessTX1Member
nnn:DaveBustersMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:LittleRockAR1Member
nnn:DaveBustersMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:LittleRockAR1Member
nnn:DaveBustersMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:DaveBustersMember
nnn:FlorenceKY2Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:DaveBustersMember
nnn:FlorenceKY2Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TampaFL2Member
nnn:DaveBustersMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TampaFL2Member
nnn:DaveBustersMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:DavitaDialysisMember
nnn:OperatingLeaseMember
nnn:ColumbusOH3Member
2020-12-31
0000751364
nnn:DavitaDialysisMember
nnn:OperatingLeaseMember
nnn:ColumbusOH3Member
2020-01-01
2020-12-31
0000751364
nnn:FortWorthTX3Member
nnn:OperatingLeaseMember
nnn:DelFriscosMember
2020-12-31
0000751364
nnn:FortWorthTX3Member
nnn:OperatingLeaseMember
nnn:DelFriscosMember
2020-01-01
2020-12-31
0000751364
nnn:GreenwoodVillageCO1Member
nnn:OperatingLeaseMember
nnn:DelFriscosMember
2020-12-31
0000751364
nnn:GreenwoodVillageCO1Member
nnn:OperatingLeaseMember
nnn:DelFriscosMember
2020-01-01
2020-12-31
0000751364
nnn:CliftonCO1Member
nnn:DennysMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:CliftonCO1Member
nnn:DennysMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:DennysMember
nnn:AlexandriaVA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:DennysMember
nnn:AlexandriaVA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:DennysMember
nnn:OperatingLeaseMember
nnn:AmarilloTX1Member
2020-12-31
0000751364
nnn:DennysMember
nnn:OperatingLeaseMember
nnn:AmarilloTX1Member
2020-01-01
2020-12-31
0000751364
nnn:ArlingtonHeightsIL1Member
nnn:DennysMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ArlingtonHeightsIL1Member
nnn:DennysMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:CampbellCA1Member
nnn:DennysMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:CampbellCA1Member
nnn:DennysMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:CarsonCA1Member
nnn:DennysMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:CarsonCA1Member
nnn:DennysMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ChehalisWA1Member
nnn:DennysMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ChehalisWA1Member
nnn:DennysMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ChubbockID1Member
nnn:DennysMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ChubbockID1Member
nnn:DennysMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ClackamasOR1Member
nnn:DennysMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ClackamasOR1Member
nnn:DennysMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:CollinsvilleIL1Member
nnn:DennysMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:CollinsvilleIL1Member
nnn:DennysMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:DennysMember
nnn:OperatingLeaseMember
nnn:CorpusChristiTX6Member
2020-12-31
0000751364
nnn:DennysMember
nnn:OperatingLeaseMember
nnn:CorpusChristiTX6Member
2020-01-01
2020-12-31
0000751364
nnn:DennysMember
nnn:OperatingLeaseMember
nnn:DallasTX3Member
2020-12-31
0000751364
nnn:DennysMember
nnn:OperatingLeaseMember
nnn:DallasTX3Member
2020-01-01
2020-12-31
0000751364
nnn:EnfieldCT1Member
nnn:DennysMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:EnfieldCT1Member
nnn:DennysMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:DennysMember
nnn:OperatingLeaseMember
nnn:FairfaxVA2Member
2020-12-31
0000751364
nnn:DennysMember
nnn:OperatingLeaseMember
nnn:FairfaxVA2Member
2020-01-01
2020-12-31
0000751364
nnn:FederalWayMA1Member
nnn:DennysMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FederalWayMA1Member
nnn:DennysMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FlorissantMO2Member
nnn:DennysMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FlorissantMO2Member
nnn:DennysMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:DennysMember
nnn:HoustonTX3Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:DennysMember
nnn:HoustonTX3Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:IndianapolisIN6Member
nnn:DennysMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:IndianapolisIN6Member
nnn:DennysMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:DennysMember
nnn:IndianapolisIN7Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:DennysMember
nnn:IndianapolisIN7Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:DennysMember
nnn:OperatingLeaseMember
nnn:IndianapolisIN8Member
2020-12-31
0000751364
nnn:DennysMember
nnn:OperatingLeaseMember
nnn:IndianapolisIN8Member
2020-01-01
2020-12-31
0000751364
nnn:IndianapolisIN9Member
nnn:DennysMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:IndianapolisIN9Member
nnn:DennysMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:DennysMember
nnn:OperatingLeaseMember
nnn:KernersvilleNC1Member
2020-12-31
0000751364
nnn:DennysMember
nnn:OperatingLeaseMember
nnn:KernersvilleNC1Member
2020-01-01
2020-12-31
0000751364
nnn:LafayetteIN3Member
nnn:DennysMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:LafayetteIN3Member
nnn:DennysMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:LaurelMD2Member
nnn:DennysMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:LaurelMD2Member
nnn:DennysMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:LittleRockAR3Member
nnn:DennysMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:LittleRockAR3Member
nnn:DennysMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MaplewoodMN2Member
nnn:DennysMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MaplewoodMN2Member
nnn:DennysMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:N.MiamiFL1Member
nnn:DennysMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:N.MiamiFL1Member
nnn:DennysMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:NampaID2Member
nnn:DennysMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:NampaID2Member
nnn:DennysMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:OmahaNE2Member
nnn:DennysMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:OmahaNE2Member
nnn:DennysMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:DennysMember
nnn:OperatingLeaseMember
nnn:ProvoUT1Member
2020-12-31
0000751364
nnn:DennysMember
nnn:OperatingLeaseMember
nnn:ProvoUT1Member
2020-01-01
2020-12-31
0000751364
nnn:RaleighNC2Member
nnn:DennysMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:RaleighNC2Member
nnn:DennysMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SugarlandTX1Member
nnn:DennysMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SugarlandTX1Member
nnn:DennysMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TucsonAZ5Member
nnn:DennysMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TucsonAZ5Member
nnn:DennysMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:WethersfieldCTMember
nnn:DennysMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:WethersfieldCTMember
nnn:DennysMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:WorcesterMA2Member
nnn:DennysMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:WorcesterMA2Member
nnn:DennysMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:BoiseID2Member
nnn:DennysMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:BoiseID2Member
nnn:DennysMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:St.LouisMO2Member
nnn:DennysMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:St.LouisMO2Member
nnn:DennysMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:VirginiaGardensFL1Member
nnn:DennysMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:VirginiaGardensFL1Member
nnn:DennysMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AkronOH2Member
nnn:DennysMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AkronOH2Member
nnn:DennysMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:DennysMember
nnn:MoabUT1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:DennysMember
nnn:MoabUT1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FtWaltonBeachFL1Member
nnn:DennysMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FtWaltonBeachFL1Member
nnn:DennysMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MedinaOH2Member
nnn:OperatingLeaseMember
nnn:DickeysBarbequePitMember
2020-12-31
0000751364
nnn:MedinaOH2Member
nnn:OperatingLeaseMember
nnn:DickeysBarbequePitMember
2020-01-01
2020-12-31
0000751364
nnn:TaylorMI1Member
nnn:DicksSportingGoodsMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TaylorMI1Member
nnn:DicksSportingGoodsMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:WhiteMarshMD2Member
nnn:DicksSportingGoodsMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:WhiteMarshMD2Member
nnn:DicksSportingGoodsMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:NacogdochesTX1Member
nnn:OperatingLeaseMember
nnn:DirtCheapMember
2020-12-31
0000751364
nnn:NacogdochesTX1Member
nnn:OperatingLeaseMember
nnn:DirtCheapMember
2020-01-01
2020-12-31
0000751364
nnn:DoctorsofPhysicalTherapyMember
nnn:LapeerMI2Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:DoctorsofPhysicalTherapyMember
nnn:LapeerMI2Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:DollarGeneralMember
nnn:SanAntonioTX17Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:DollarGeneralMember
nnn:SanAntonioTX17Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:DollarGeneralMember
nnn:MobileAL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:DollarGeneralMember
nnn:MobileAL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:DollarGeneralMember
nnn:AlbanyNY1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:DollarGeneralMember
nnn:AlbanyNY1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:DollarGeneralMember
nnn:HighSpringsFL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:DollarGeneralMember
nnn:HighSpringsFL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:DollarGeneralMember
nnn:OperatingLeaseMember
nnn:InvernessFL1Member
2020-12-31
0000751364
nnn:DollarGeneralMember
nnn:OperatingLeaseMember
nnn:InvernessFL1Member
2020-01-01
2020-12-31
0000751364
nnn:CocoaFL2Member
nnn:DollarGeneralMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:CocoaFL2Member
nnn:DollarGeneralMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:DollarGeneralMember
nnn:OperatingLeaseMember
nnn:PalmBayFL1Member
2020-12-31
0000751364
nnn:DollarGeneralMember
nnn:OperatingLeaseMember
nnn:PalmBayFL1Member
2020-01-01
2020-12-31
0000751364
nnn:DollarGeneralMember
nnn:DelandFL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:DollarGeneralMember
nnn:DelandFL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:DollarGeneralMember
nnn:OperatingLeaseMember
nnn:SeffnerFL2Member
2020-12-31
0000751364
nnn:DollarGeneralMember
nnn:OperatingLeaseMember
nnn:SeffnerFL2Member
2020-01-01
2020-12-31
0000751364
nnn:DollarGeneralMember
nnn:HernandoFL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:DollarGeneralMember
nnn:HernandoFL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:DollarGeneralMember
nnn:TitusvilleFL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:DollarGeneralMember
nnn:TitusvilleFL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:DollarGeneralMember
nnn:DisputantaVA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:DollarGeneralMember
nnn:DisputantaVA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:DollarGeneralMember
nnn:LumbertonNC1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:DollarGeneralMember
nnn:LumbertonNC1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:NewportNewsVA2Member
nnn:DollarGeneralMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:NewportNewsVA2Member
nnn:DollarGeneralMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:CumberlandVA1Member
nnn:DollarGeneralMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:CumberlandVA1Member
nnn:DollarGeneralMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AberdeenNC1Member
nnn:DollarGeneralMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AberdeenNC1Member
nnn:DollarGeneralMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:DollarGeneralMember
nnn:OperatingLeaseMember
nnn:RichmondVA2Member
2020-12-31
0000751364
nnn:DollarGeneralMember
nnn:OperatingLeaseMember
nnn:RichmondVA2Member
2020-01-01
2020-12-31
0000751364
nnn:DanvilleVA1Member
nnn:DollarGeneralMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:DanvilleVA1Member
nnn:DollarGeneralMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:DollarGeneralMember
nnn:CascadeVA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:DollarGeneralMember
nnn:CascadeVA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SanfordNC3Member
nnn:DollarGeneralMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SanfordNC3Member
nnn:DollarGeneralMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:LelandNC1Member
nnn:DollarGeneralMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:LelandNC1Member
nnn:DollarGeneralMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SanfordNC4Member
nnn:DollarGeneralMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SanfordNC4Member
nnn:DollarGeneralMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:DollarGeneralMember
nnn:RichmondVA3Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:DollarGeneralMember
nnn:RichmondVA3Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:DollarGeneralMember
nnn:OperatingLeaseMember
nnn:MartinsvilleVA1Member
2020-12-31
0000751364
nnn:DollarGeneralMember
nnn:OperatingLeaseMember
nnn:MartinsvilleVA1Member
2020-01-01
2020-12-31
0000751364
nnn:YeringtonNV1Member
nnn:DollarGeneralMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:YeringtonNV1Member
nnn:DollarGeneralMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:DollarGeneralMember
nnn:HawthornNV1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:DollarGeneralMember
nnn:HawthornNV1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:NorforlkVA1Member
nnn:DollarGeneralMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:NorforlkVA1Member
nnn:DollarGeneralMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SuffolkVA1Member
nnn:DollarGeneralMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SuffolkVA1Member
nnn:DollarGeneralMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SuffolkVA2Member
nnn:DollarGeneralMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SuffolkVA2Member
nnn:DollarGeneralMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:IrvingNY1Member
nnn:DollarGeneralMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:IrvingNY1Member
nnn:DollarGeneralMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:DollarGeneralMember
nnn:OperatingLeaseMember
nnn:OakfieldNY1Member
2020-12-31
0000751364
nnn:DollarGeneralMember
nnn:OperatingLeaseMember
nnn:OakfieldNY1Member
2020-01-01
2020-12-31
0000751364
nnn:DollarGeneralMember
nnn:OperatingLeaseMember
nnn:HollandNY1Member
2020-12-31
0000751364
nnn:DollarGeneralMember
nnn:OperatingLeaseMember
nnn:HollandNY1Member
2020-01-01
2020-12-31
0000751364
nnn:DollarGeneralMember
nnn:OperatingLeaseMember
nnn:JeffersonvilleIN1Member
2020-12-31
0000751364
nnn:DollarGeneralMember
nnn:OperatingLeaseMember
nnn:JeffersonvilleIN1Member
2020-01-01
2020-12-31
0000751364
nnn:LaFayetteLA3Member
nnn:DollarGeneralMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:LaFayetteLA3Member
nnn:DollarGeneralMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:DollarGeneralMember
nnn:YoungsvilleLAMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:DollarGeneralMember
nnn:YoungsvilleLAMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:DaytonaBeachShoresFL1Member
nnn:DollarGeneralMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:DaytonaBeachShoresFL1Member
nnn:DollarGeneralMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:GarlandTX2Member
nnn:DollarTreeMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:GarlandTX2Member
nnn:DollarTreeMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:DollarTreeMember
nnn:HomesteadPA3Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:DollarTreeMember
nnn:HomesteadPA3Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:DollarTreeMember
nnn:MariettaGA2Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:DollarTreeMember
nnn:MariettaGA2Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:DonTellosTexMexGrillMember
nnn:LithoniaGA2Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:DonTellosTexMexGrillMember
nnn:LithoniaGA2Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:CorpusChristiTX7Member
nnn:DriscollChildrensHospitalMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:CorpusChristiTX7Member
nnn:DriscollChildrensHospitalMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:ElJalapenoMember
nnn:IndianpolisIN1Member
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:ElJalapenoMember
nnn:IndianpolisIN1Member
2020-01-01
2020-12-31
0000751364
nnn:EmpireBuffetMember
nnn:LasCrucesNM1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:EmpireBuffetMember
nnn:LasCrucesNM1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ExpressMartMember
nnn:OperatingLeaseMember
nnn:ThomasvilleNC1Member
2020-12-31
0000751364
nnn:ExpressMartMember
nnn:OperatingLeaseMember
nnn:ThomasvilleNC1Member
2020-01-01
2020-12-31
0000751364
nnn:ExpressOilChangeMember
nnn:BirminghamAL2Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ExpressOilChangeMember
nnn:BirminghamAL2Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ExpressOilChangeMember
nnn:FlorenceAL2Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ExpressOilChangeMember
nnn:FlorenceAL2Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ExpressOilChangeMember
nnn:HelenAL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ExpressOilChangeMember
nnn:HelenAL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ExpressOilChangeMember
nnn:OperatingLeaseMember
nnn:MuscleShoalsAL1Member
2020-12-31
0000751364
nnn:ExpressOilChangeMember
nnn:OperatingLeaseMember
nnn:MuscleShoalsAL1Member
2020-01-01
2020-12-31
0000751364
nnn:ExpressOilChangeMember
nnn:OpelikaAL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ExpressOilChangeMember
nnn:OpelikaAL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ExpressOilChangeMember
nnn:OperatingLeaseMember
nnn:CordvaTN1Member
2020-12-31
0000751364
nnn:ExpressOilChangeMember
nnn:OperatingLeaseMember
nnn:CordvaTN1Member
2020-01-01
2020-12-31
0000751364
nnn:ExpressOilChangeMember
nnn:HornLakeMS2Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ExpressOilChangeMember
nnn:HornLakeMS2Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ExpressOilChangeMember
nnn:LakelandTN1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ExpressOilChangeMember
nnn:LakelandTN1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ExpressOilChangeMember
nnn:MemphisTN4Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ExpressOilChangeMember
nnn:MemphisTN4Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:HoustonTX1Member
nnn:ExpressOilChangeMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:HoustonTX1Member
nnn:ExpressOilChangeMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ExpressOilChangeMember
nnn:OperatingLeaseMember
nnn:KatyTX1Member
2020-12-31
0000751364
nnn:ExpressOilChangeMember
nnn:OperatingLeaseMember
nnn:KatyTX1Member
2020-01-01
2020-12-31
0000751364
nnn:ExpressOilChangeMember
nnn:ChattanoogaTN1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ExpressOilChangeMember
nnn:ChattanoogaTN1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ExpressOilChangeMember
nnn:ChattanoogaTN2Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ExpressOilChangeMember
nnn:ChattanoogaTN2Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ExpressOilChangeMember
nnn:ChattanoogaTN3Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ExpressOilChangeMember
nnn:ChattanoogaTN3Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ExpressOilChangeMember
nnn:ClevelandTN1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ExpressOilChangeMember
nnn:ClevelandTN1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FortOglethorpeGA1Member
nnn:ExpressOilChangeMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FortOglethorpeGA1Member
nnn:ExpressOilChangeMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ExpressOilChangeMember
nnn:MariettaGA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ExpressOilChangeMember
nnn:MariettaGA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ExpressOilChangeMember
nnn:SmyrnaGA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ExpressOilChangeMember
nnn:SmyrnaGA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ExpressOilChangeMember
nnn:CypressTX1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ExpressOilChangeMember
nnn:CypressTX1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ExpressOilChangeMember
nnn:OperatingLeaseMember
nnn:BoazAL1Member
2020-12-31
0000751364
nnn:ExpressOilChangeMember
nnn:OperatingLeaseMember
nnn:BoazAL1Member
2020-01-01
2020-12-31
0000751364
nnn:ExpressOilChangeMember
nnn:GadsdenAL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ExpressOilChangeMember
nnn:GadsdenAL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ExpressOilChangeMember
nnn:OperatingLeaseMember
nnn:RainbowCityAL1Member
2020-12-31
0000751364
nnn:ExpressOilChangeMember
nnn:OperatingLeaseMember
nnn:RainbowCityAL1Member
2020-01-01
2020-12-31
0000751364
nnn:ExpressOilChangeMember
nnn:SeffnerFL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ExpressOilChangeMember
nnn:SeffnerFL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ExpressOilChangeMember
nnn:FayettevilleTN1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ExpressOilChangeMember
nnn:FayettevilleTN1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ExpressOilChangeMember
nnn:HuntsvilleAL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ExpressOilChangeMember
nnn:HuntsvilleAL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ExpressOilChangeMember
nnn:HuntsvilleAL2Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ExpressOilChangeMember
nnn:HuntsvilleAL2Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ExpressOilChangeMember
nnn:MadisonAL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ExpressOilChangeMember
nnn:MadisonAL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ExpressOilChangeMember
nnn:OperatingLeaseMember
nnn:HoustonTX2Member
2020-12-31
0000751364
nnn:ExpressOilChangeMember
nnn:OperatingLeaseMember
nnn:HoustonTX2Member
2020-01-01
2020-12-31
0000751364
nnn:ExpressOilChangeMember
nnn:TampaFL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ExpressOilChangeMember
nnn:TampaFL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ExpressOilChangeMember
nnn:OperatingLeaseMember
nnn:WestPointMS1Member
2020-12-31
0000751364
nnn:ExpressOilChangeMember
nnn:OperatingLeaseMember
nnn:WestPointMS1Member
2020-01-01
2020-12-31
0000751364
nnn:ExpressOilChangeMember
nnn:TupeloMS1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ExpressOilChangeMember
nnn:TupeloMS1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ExpressOilChangeMember
nnn:TupeloMS2Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ExpressOilChangeMember
nnn:TupeloMS2Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ExpressOilChangeMember
nnn:CantonGA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ExpressOilChangeMember
nnn:CantonGA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ExpressOilChangeMember
nnn:JasperAL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ExpressOilChangeMember
nnn:JasperAL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ExpressOilChangeMember
nnn:HurstTX1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ExpressOilChangeMember
nnn:HurstTX1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ExpressOilChangeMember
nnn:HamptonCoveAL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ExpressOilChangeMember
nnn:HamptonCoveAL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ExpressOilChangeMember
nnn:DyerIN1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ExpressOilChangeMember
nnn:DyerIN1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ExpressOilChangeMember
nnn:HendersonvilleTN1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ExpressOilChangeMember
nnn:HendersonvilleTN1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ExpressOilChangeMember
nnn:NashvilleTN1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ExpressOilChangeMember
nnn:NashvilleTN1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ExpressOilChangeMember
nnn:OperatingLeaseMember
nnn:SpringHillTN1Member
2020-12-31
0000751364
nnn:ExpressOilChangeMember
nnn:OperatingLeaseMember
nnn:SpringHillTN1Member
2020-01-01
2020-12-31
0000751364
nnn:ExpressOilChangeMember
nnn:MurfreesboroTN1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ExpressOilChangeMember
nnn:MurfreesboroTN1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ExpressOilChangeMember
nnn:OperatingLeaseMember
nnn:MurfreesboroTN2Member
2020-12-31
0000751364
nnn:ExpressOilChangeMember
nnn:OperatingLeaseMember
nnn:MurfreesboroTN2Member
2020-01-01
2020-12-31
0000751364
nnn:ExpressOilChangeMember
nnn:MurfreesboroTN3Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ExpressOilChangeMember
nnn:MurfreesboroTN3Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ExpressOilChangeMember
nnn:ConcordNC1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ExpressOilChangeMember
nnn:ConcordNC1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ExpressOilChangeMember
nnn:LafayetteLA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ExpressOilChangeMember
nnn:LafayetteLA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:LafayetteLA2Member
nnn:ExpressOilChangeMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:LafayetteLA2Member
nnn:ExpressOilChangeMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ExpressOilChangeMember
nnn:TaylorsSC1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ExpressOilChangeMember
nnn:TaylorsSC1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ExpressOilChangeMember
nnn:RichmondHillGA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ExpressOilChangeMember
nnn:RichmondHillGA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ExpressOilChangeMember
nnn:MagnoliaTX1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ExpressOilChangeMember
nnn:MagnoliaTX1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:GallatinTN1Member
nnn:ExpressOilChangeMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:GallatinTN1Member
nnn:ExpressOilChangeMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ExpressOilChangeMember
nnn:AllenTX1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ExpressOilChangeMember
nnn:AllenTX1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ExpressOilChangeMember
nnn:GilbertAZ1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ExpressOilChangeMember
nnn:GilbertAZ1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:PeoriaAZ1Member
nnn:ExpressOilChangeMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:PeoriaAZ1Member
nnn:ExpressOilChangeMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ExpressOilChangeMember
nnn:TempeAZ1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ExpressOilChangeMember
nnn:TempeAZ1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ExpressOilChangeMember
nnn:BirminghamAL3Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ExpressOilChangeMember
nnn:BirminghamAL3Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ExpressOilChangeMember
nnn:OperatingLeaseMember
nnn:BirminghamAL4Member
2020-12-31
0000751364
nnn:ExpressOilChangeMember
nnn:OperatingLeaseMember
nnn:BirminghamAL4Member
2020-01-01
2020-12-31
0000751364
nnn:ExpressOilChangeMember
nnn:FortPayneALMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ExpressOilChangeMember
nnn:FortPayneALMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ExpressOilChangeMember
nnn:JasperAL2Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ExpressOilChangeMember
nnn:JasperAL2Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ExpressOilChangeMember
nnn:MoodyALMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ExpressOilChangeMember
nnn:MoodyALMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ExpressOilChangeMember
nnn:SylacaugaAL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ExpressOilChangeMember
nnn:SylacaugaAL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AndrewsTX1Member
nnn:EZMartMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AndrewsTX1Member
nnn:EZMartMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ArlingtonTX1Member
nnn:EZMartMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ArlingtonTX1Member
nnn:EZMartMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:EZMartMember
nnn:AshdownAR1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:EZMartMember
nnn:AshdownAR1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:EZMartMember
nnn:BrokenArrowOK1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:EZMartMember
nnn:BrokenArrowOK1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:EZMartMember
nnn:BrokenBowOK1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:EZMartMember
nnn:BrokenBowOK1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:EZMartMember
nnn:OperatingLeaseMember
nnn:BrokenBowOK2Member
2020-12-31
0000751364
nnn:EZMartMember
nnn:OperatingLeaseMember
nnn:BrokenBowOK2Member
2020-01-01
2020-12-31
0000751364
nnn:EZMartMember
nnn:OperatingLeaseMember
nnn:CleburneTX1Member
2020-12-31
0000751364
nnn:EZMartMember
nnn:OperatingLeaseMember
nnn:CleburneTX1Member
2020-01-01
2020-12-31
0000751364
nnn:EZMartMember
nnn:DavisOK1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:EZMartMember
nnn:DavisOK1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:DurantOK1Member
nnn:EZMartMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:DurantOK1Member
nnn:EZMartMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:EZMartMember
nnn:OperatingLeaseMember
nnn:DurantOK2Member
2020-12-31
0000751364
nnn:EZMartMember
nnn:OperatingLeaseMember
nnn:DurantOK2Member
2020-01-01
2020-12-31
0000751364
nnn:EdmondOK1Member
nnn:EZMartMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:EdmondOK1Member
nnn:EZMartMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FayettevilleAR1Member
nnn:EZMartMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FayettevilleAR1Member
nnn:EZMartMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:EZMartMember
nnn:OperatingLeaseMember
nnn:ForemanAR1Member
2020-12-31
0000751364
nnn:EZMartMember
nnn:OperatingLeaseMember
nnn:ForemanAR1Member
2020-01-01
2020-12-31
0000751364
nnn:GladewaterTX1Member
nnn:EZMartMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:GladewaterTX1Member
nnn:EZMartMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:EZMartMember
nnn:OperatingLeaseMember
nnn:HarrahOK1Member
2020-12-31
0000751364
nnn:EZMartMember
nnn:OperatingLeaseMember
nnn:HarrahOK1Member
2020-01-01
2020-12-31
0000751364
nnn:EZMartMember
nnn:HartshorneOK1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:EZMartMember
nnn:HartshorneOK1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:HotSpringsAR1Member
nnn:EZMartMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:HotSpringsAR1Member
nnn:EZMartMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:HotSpringsAR2Member
nnn:EZMartMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:HotSpringsAR2Member
nnn:EZMartMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:EZMartMember
nnn:OperatingLeaseMember
nnn:HotSpringsAR3Member
2020-12-31
0000751364
nnn:EZMartMember
nnn:OperatingLeaseMember
nnn:HotSpringsAR3Member
2020-01-01
2020-12-31
0000751364
nnn:HugoOK1Member
nnn:EZMartMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:HugoOK1Member
nnn:EZMartMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:IdabelOK1Member
nnn:EZMartMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:IdabelOK1Member
nnn:EZMartMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:KilgoreTX1Member
nnn:EZMartMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:KilgoreTX1Member
nnn:EZMartMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:LittleRockAR1Member
nnn:EZMartMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:LittleRockAR1Member
nnn:EZMartMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:LittleRockAR2Member
nnn:EZMartMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:LittleRockAR2Member
nnn:EZMartMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:EZMartMember
nnn:OperatingLeaseMember
nnn:LongviewTX1Member
2020-12-31
0000751364
nnn:EZMartMember
nnn:OperatingLeaseMember
nnn:LongviewTX1Member
2020-01-01
2020-12-31
0000751364
nnn:EZMartMember
nnn:LongviewTX2Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:EZMartMember
nnn:LongviewTX2Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:LubbockTX1Member
nnn:EZMartMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:LubbockTX1Member
nnn:EZMartMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:EZMartMember
nnn:McAlesterOK1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:EZMartMember
nnn:McAlesterOK1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:EZMartMember
nnn:MineralWellsTX1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:EZMartMember
nnn:MineralWellsTX1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MonticelloAR1Member
nnn:EZMartMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MonticelloAR1Member
nnn:EZMartMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:EZMartMember
nnn:OperatingLeaseMember
nnn:MountainHomeAR1Member
2020-12-31
0000751364
nnn:EZMartMember
nnn:OperatingLeaseMember
nnn:MountainHomeAR1Member
2020-01-01
2020-12-31
0000751364
nnn:EZMartMember
nnn:OperatingLeaseMember
nnn:MountainHomeAR2Member
2020-12-31
0000751364
nnn:EZMartMember
nnn:OperatingLeaseMember
nnn:MountainHomeAR2Member
2020-01-01
2020-12-31
0000751364
nnn:EZMartMember
nnn:OperatingLeaseMember
nnn:NashTX1Member
2020-12-31
0000751364
nnn:EZMartMember
nnn:OperatingLeaseMember
nnn:NashTX1Member
2020-01-01
2020-12-31
0000751364
nnn:ParisTX1Member
nnn:EZMartMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ParisTX1Member
nnn:EZMartMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:EZMartMember
nnn:PittsburgTX1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:EZMartMember
nnn:PittsburgTX1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:EZMartMember
nnn:QueenCityTX1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:EZMartMember
nnn:QueenCityTX1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:EZMartMember
nnn:OperatingLeaseMember
nnn:RedOakOK1Member
2020-12-31
0000751364
nnn:EZMartMember
nnn:OperatingLeaseMember
nnn:RedOakOK1Member
2020-01-01
2020-12-31
0000751364
nnn:EZMartMember
nnn:SpiroOK1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:EZMartMember
nnn:SpiroOK1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:EZMartMember
nnn:SpringdaleAR1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:EZMartMember
nnn:SpringdaleAR1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:EZMartMember
nnn:SpringdaleAR2Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:EZMartMember
nnn:SpringdaleAR2Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:EZMartMember
nnn:SulphurSpringsTX1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:EZMartMember
nnn:SulphurSpringsTX1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:EZMartMember
nnn:TalihinaOK1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:EZMartMember
nnn:TalihinaOK1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TexarkanaAR1Member
nnn:EZMartMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TexarkanaAR1Member
nnn:EZMartMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:EZMartMember
nnn:TexarkanaAR2Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:EZMartMember
nnn:TexarkanaAR2Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TexarkanaAR3Member
nnn:EZMartMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TexarkanaAR3Member
nnn:EZMartMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:EZMartMember
nnn:TexarkanaAR4Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:EZMartMember
nnn:TexarkanaAR4Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TexarkanaAR5Member
nnn:EZMartMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TexarkanaAR5Member
nnn:EZMartMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:EZMartMember
nnn:OperatingLeaseMember
nnn:TexarkanaTX1Member
2020-12-31
0000751364
nnn:EZMartMember
nnn:OperatingLeaseMember
nnn:TexarkanaTX1Member
2020-01-01
2020-12-31
0000751364
nnn:RiverdaleGA1Member
nnn:FamilyDollarMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:RiverdaleGA1Member
nnn:FamilyDollarMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FamilyDollarMember
nnn:HudsonFallsNY1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FamilyDollarMember
nnn:HudsonFallsNY1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FamilyDollarMember
nnn:RichmondTX1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FamilyDollarMember
nnn:RichmondTX1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SpringTX1Member
nnn:FamilyDollarMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SpringTX1Member
nnn:FamilyDollarMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FamilyDollarMember
nnn:BartlesvilleOK1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FamilyDollarMember
nnn:BartlesvilleOK1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:HuntsvilleAL1Member
nnn:FamilyDollarMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:HuntsvilleAL1Member
nnn:FamilyDollarMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FamilyDollarMember
nnn:TulsaOK1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FamilyDollarMember
nnn:TulsaOK1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:LapeerMI1Member
nnn:OperatingLeaseMember
nnn:FamousFootwearMember
2020-12-31
0000751364
nnn:LapeerMI1Member
nnn:OperatingLeaseMember
nnn:FamousFootwearMember
2020-01-01
2020-12-31
0000751364
nnn:HarlingenTX1Member
nnn:FamsaMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:HarlingenTX1Member
nnn:FamsaMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:DestinFL1Member
nnn:OperatingLeaseMember
nnn:FergusonMember
2020-12-31
0000751364
nnn:DestinFL1Member
nnn:OperatingLeaseMember
nnn:FergusonMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:UnionCityGA1Member
nnn:FergusonMember
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:UnionCityGA1Member
nnn:FergusonMember
2020-01-01
2020-12-31
0000751364
nnn:FikesWholesaleMember
nnn:OperatingLeaseMember
nnn:BeltonTX1Member
2020-12-31
0000751364
nnn:FikesWholesaleMember
nnn:OperatingLeaseMember
nnn:BeltonTX1Member
2020-01-01
2020-12-31
0000751364
nnn:FikesWholesaleMember
nnn:OperatingLeaseMember
nnn:GodleyTX1Member
2020-12-31
0000751364
nnn:FikesWholesaleMember
nnn:OperatingLeaseMember
nnn:GodleyTX1Member
2020-01-01
2020-12-31
0000751364
nnn:FikesWholesaleMember
nnn:OperatingLeaseMember
nnn:KilleenTX1Member
2020-12-31
0000751364
nnn:FikesWholesaleMember
nnn:OperatingLeaseMember
nnn:KilleenTX1Member
2020-01-01
2020-12-31
0000751364
nnn:FikesWholesaleMember
nnn:KilleenTX2Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FikesWholesaleMember
nnn:KilleenTX2Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:McGregorTX1Member
nnn:FikesWholesaleMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:McGregorTX1Member
nnn:FikesWholesaleMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FikesWholesaleMember
nnn:ThorndaleTX1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FikesWholesaleMember
nnn:ThorndaleTX1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ValleyMillsTX1Member
nnn:FikesWholesaleMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ValleyMillsTX1Member
nnn:FikesWholesaleMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FikesWholesaleMember
nnn:WestTX1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FikesWholesaleMember
nnn:WestTX1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FikesWholesaleMember
nnn:GladewaterTX1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FikesWholesaleMember
nnn:GladewaterTX1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FikesWholesaleMember
nnn:HearneTX1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FikesWholesaleMember
nnn:HearneTX1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FikesWholesaleMember
nnn:JarrellTX1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FikesWholesaleMember
nnn:JarrellTX1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:KilleenTX3Member
nnn:FikesWholesaleMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:KilleenTX3Member
nnn:FikesWholesaleMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:LibertyHillTX1Member
nnn:FikesWholesaleMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:LibertyHillTX1Member
nnn:FikesWholesaleMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FikesWholesaleMember
nnn:RosebudTX1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FikesWholesaleMember
nnn:RosebudTX1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FikesWholesaleMember
nnn:TempleTX1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FikesWholesaleMember
nnn:TempleTX1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FikesWholesaleMember
nnn:WacoTX1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FikesWholesaleMember
nnn:WacoTX1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FikesWholesaleMember
nnn:ClaudeTX1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FikesWholesaleMember
nnn:ClaudeTX1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FikesWholesaleMember
nnn:OperatingLeaseMember
nnn:CovingtonTX1Member
2020-12-31
0000751364
nnn:FikesWholesaleMember
nnn:OperatingLeaseMember
nnn:CovingtonTX1Member
2020-01-01
2020-12-31
0000751364
nnn:FikesWholesaleMember
nnn:HamiltonTX1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FikesWholesaleMember
nnn:HamiltonTX1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FikesWholesaleMember
nnn:OperatingLeaseMember
nnn:LottTX1Member
2020-12-31
0000751364
nnn:FikesWholesaleMember
nnn:OperatingLeaseMember
nnn:LottTX1Member
2020-01-01
2020-12-31
0000751364
nnn:FikesWholesaleMember
nnn:OperatingLeaseMember
nnn:SaladoTX1Member
2020-12-31
0000751364
nnn:FikesWholesaleMember
nnn:OperatingLeaseMember
nnn:SaladoTX1Member
2020-01-01
2020-12-31
0000751364
nnn:TempleTX2Member
nnn:FikesWholesaleMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TempleTX2Member
nnn:FikesWholesaleMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FikesWholesaleMember
nnn:OperatingLeaseMember
nnn:VernonTX1Member
2020-12-31
0000751364
nnn:FikesWholesaleMember
nnn:OperatingLeaseMember
nnn:VernonTX1Member
2020-01-01
2020-12-31
0000751364
nnn:FikesWholesaleMember
nnn:MiltonFL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FikesWholesaleMember
nnn:MiltonFL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FikesWholesaleMember
nnn:OperatingLeaseMember
nnn:GiddingsTX1Member
2020-12-31
0000751364
nnn:FikesWholesaleMember
nnn:OperatingLeaseMember
nnn:GiddingsTX1Member
2020-01-01
2020-12-31
0000751364
nnn:FikesWholesaleMember
nnn:DaphneAL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FikesWholesaleMember
nnn:DaphneAL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FikesWholesaleMember
nnn:FoleyAL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FikesWholesaleMember
nnn:FoleyAL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FikesWholesaleMember
nnn:BeltonTX2Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FikesWholesaleMember
nnn:BeltonTX2Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FikesWholesaleMember
nnn:HewittTX1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FikesWholesaleMember
nnn:HewittTX1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FikesWholesaleMember
nnn:OperatingLeaseMember
nnn:AmarilloTX1Member
2020-12-31
0000751364
nnn:FikesWholesaleMember
nnn:OperatingLeaseMember
nnn:AmarilloTX1Member
2020-01-01
2020-12-31
0000751364
nnn:FikesWholesaleMember
nnn:CrestviewFL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FikesWholesaleMember
nnn:CrestviewFL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FikesWholesaleMember
nnn:FtWaltonBeachFL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FikesWholesaleMember
nnn:FtWaltonBeachFL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FikesWholesaleMember
nnn:FtWaltonBeachFL2Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FikesWholesaleMember
nnn:FtWaltonBeachFL2Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FikesWholesaleMember
nnn:KilleenTX4Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FikesWholesaleMember
nnn:KilleenTX4Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AliceTX1Member
nnn:FirstCashPawnMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AliceTX1Member
nnn:FirstCashPawnMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FlorissantMO1Member
nnn:OperatingLeaseMember
nnn:FiveBelowMember
2020-12-31
0000751364
nnn:FlorissantMO1Member
nnn:OperatingLeaseMember
nnn:FiveBelowMember
2020-01-01
2020-12-31
0000751364
nnn:MiddleburgHeightsOH1Member
nnn:OperatingLeaseMember
nnn:FiveGuysBurgersandFriesMember
2020-12-31
0000751364
nnn:MiddleburgHeightsOH1Member
nnn:OperatingLeaseMember
nnn:FiveGuysBurgersandFriesMember
2020-01-01
2020-12-31
0000751364
nnn:FlemingsMember
nnn:AkronOH1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FlemingsMember
nnn:AkronOH1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FloorDecorMember
nnn:OperatingLeaseMember
nnn:KnoxvilleTN1Member
2020-12-31
0000751364
nnn:FloorDecorMember
nnn:OperatingLeaseMember
nnn:KnoxvilleTN1Member
2020-01-01
2020-12-31
0000751364
nnn:AlbuquerqueNM1Member
nnn:FloorDecorMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AlbuquerqueNM1Member
nnn:FloorDecorMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:Food4LessMember
nnn:NationalCityCA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:Food4LessMember
nnn:NationalCityCA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FoodFastMember
nnn:OperatingLeaseMember
nnn:BossierCityLA1Member
2020-12-31
0000751364
nnn:FoodFastMember
nnn:OperatingLeaseMember
nnn:BossierCityLA1Member
2020-01-01
2020-12-31
0000751364
nnn:FoodFastMember
nnn:OperatingLeaseMember
nnn:BrownsboroTX1Member
2020-12-31
0000751364
nnn:FoodFastMember
nnn:OperatingLeaseMember
nnn:BrownsboroTX1Member
2020-01-01
2020-12-31
0000751364
nnn:FoodFastMember
nnn:FlintTX1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FoodFastMember
nnn:FlintTX1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FoodFastMember
nnn:OperatingLeaseMember
nnn:ForneyTX1Member
2020-12-31
0000751364
nnn:FoodFastMember
nnn:OperatingLeaseMember
nnn:ForneyTX1Member
2020-01-01
2020-12-31
0000751364
nnn:FoodFastMember
nnn:GunBarrelCityTX1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FoodFastMember
nnn:GunBarrelCityTX1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FoodFastMember
nnn:GunBarrelCityTX2Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FoodFastMember
nnn:GunBarrelCityTX2Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FoodFastMember
nnn:OperatingLeaseMember
nnn:JacksonvilleTX1Member
2020-12-31
0000751364
nnn:FoodFastMember
nnn:OperatingLeaseMember
nnn:JacksonvilleTX1Member
2020-01-01
2020-12-31
0000751364
nnn:FoodFastMember
nnn:KempTX1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FoodFastMember
nnn:KempTX1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FoodFastMember
nnn:OperatingLeaseMember
nnn:LongviewTX1Member
2020-12-31
0000751364
nnn:FoodFastMember
nnn:OperatingLeaseMember
nnn:LongviewTX1Member
2020-01-01
2020-12-31
0000751364
nnn:FoodFastMember
nnn:LongviewTX2Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FoodFastMember
nnn:LongviewTX2Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FoodFastMember
nnn:OperatingLeaseMember
nnn:LongviewTX3Member
2020-12-31
0000751364
nnn:FoodFastMember
nnn:OperatingLeaseMember
nnn:LongviewTX3Member
2020-01-01
2020-12-31
0000751364
nnn:FoodFastMember
nnn:OperatingLeaseMember
nnn:LongviewTX4Member
2020-12-31
0000751364
nnn:FoodFastMember
nnn:OperatingLeaseMember
nnn:LongviewTX4Member
2020-01-01
2020-12-31
0000751364
nnn:FoodFastMember
nnn:LongviewTX5Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FoodFastMember
nnn:LongviewTX5Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MabankTX1Member
nnn:FoodFastMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MabankTX1Member
nnn:FoodFastMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FoodFastMember
nnn:Mt.VernonTX1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FoodFastMember
nnn:Mt.VernonTX1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FoodFastMember
nnn:OperatingLeaseMember
nnn:TylerTX1Member
2020-12-31
0000751364
nnn:FoodFastMember
nnn:OperatingLeaseMember
nnn:TylerTX1Member
2020-01-01
2020-12-31
0000751364
nnn:FoodFastMember
nnn:TylerTX2Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FoodFastMember
nnn:TylerTX2Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FoodFastMember
nnn:TylerTX3Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FoodFastMember
nnn:TylerTX3Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FoodFastMember
nnn:TylerTX4Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FoodFastMember
nnn:TylerTX4Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FoodFastMember
nnn:TylerTX5Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FoodFastMember
nnn:TylerTX5Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FoodFastMember
nnn:OperatingLeaseMember
nnn:TylerTX6Member
2020-12-31
0000751364
nnn:FoodFastMember
nnn:OperatingLeaseMember
nnn:TylerTX6Member
2020-01-01
2020-12-31
0000751364
nnn:FoodFastMember
nnn:TylerTX7Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FoodFastMember
nnn:TylerTX7Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TiconderogaNY1Member
nnn:OperatingLeaseMember
nnn:FortTiconderogaMember
2020-12-31
0000751364
nnn:TiconderogaNY1Member
nnn:OperatingLeaseMember
nnn:FortTiconderogaMember
2020-01-01
2020-12-31
0000751364
nnn:HoustonTX1Member
nnn:FreseniusMedicalCareMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:HoustonTX1Member
nnn:FreseniusMedicalCareMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FreseniusMedicalCareMember
nnn:RockfordMI1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FreseniusMedicalCareMember
nnn:RockfordMI1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:GainesvilleFL1Member
nnn:FreshMarketMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:GainesvilleFL1Member
nnn:FreshMarketMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:BataviaOH1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:BataviaOH1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:BethelOH1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:BethelOH1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:BurlingtonKY1Member
nnn:FrischsBigBoyMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:BurlingtonKY1Member
nnn:FrischsBigBoyMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:CincinnatiOH1Member
nnn:FrischsBigBoyMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:CincinnatiOH1Member
nnn:FrischsBigBoyMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:CincinnatiOH2Member
nnn:FrischsBigBoyMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:CincinnatiOH2Member
nnn:FrischsBigBoyMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:CincinnatiOH3Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:CincinnatiOH3Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:CincinnatiOH4Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:CincinnatiOH4Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:CincinnatiOH5Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:CincinnatiOH5Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:CincinnatiOH6Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:CincinnatiOH6Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:OperatingLeaseMember
nnn:CincinnatiOH7Member
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:OperatingLeaseMember
nnn:CincinnatiOH7Member
2020-01-01
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:CincinnatiOH8Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:CincinnatiOH8Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:CincinnatiOH9Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:CincinnatiOH9Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:CincinnatiOH10Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:CincinnatiOH10Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:CincinnatiOH11Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:CincinnatiOH11Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:CincinnatiOH12Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:CincinnatiOH12Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:CincinnatiOH13Member
nnn:FrischsBigBoyMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:CincinnatiOH13Member
nnn:FrischsBigBoyMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:CincinnatiOH14Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:CincinnatiOH14Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:CincinnatiOH15Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:CincinnatiOH15Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:CincinnatiOH16Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:CincinnatiOH16Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:CincinnatiOH17Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:CincinnatiOH17Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:ColdSpringKY1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:ColdSpringKY1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:CovingtonKY1Member
nnn:FrischsBigBoyMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:CovingtonKY1Member
nnn:FrischsBigBoyMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:DaytonOH1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:DaytonOH1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:DaytonOH2Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:DaytonOH2Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:DaytonOH3Member
nnn:FrischsBigBoyMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:DaytonOH3Member
nnn:FrischsBigBoyMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:DaytonOH4Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:DaytonOH4Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:DaytonOH5Member
nnn:FrischsBigBoyMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:DaytonOH5Member
nnn:FrischsBigBoyMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:DaytonOH6Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:DaytonOH6Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:OperatingLeaseMember
nnn:EatonOH1Member
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:OperatingLeaseMember
nnn:EatonOH1Member
2020-01-01
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:EnglewoodOH1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:EnglewoodOH1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:ErlangerKY1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:ErlangerKY1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:FairbornOH1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:FairbornOH1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FairfieldOH1Member
nnn:FrischsBigBoyMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FairfieldOH1Member
nnn:FrischsBigBoyMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:OperatingLeaseMember
nnn:FlorenceKY1Member
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:OperatingLeaseMember
nnn:FlorenceKY1Member
2020-01-01
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:FlorenceKY2Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:FlorenceKY2Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FortMitchellKY1Member
nnn:FrischsBigBoyMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FortMitchellKY1Member
nnn:FrischsBigBoyMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:OperatingLeaseMember
nnn:FranklinOH1Member
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:OperatingLeaseMember
nnn:FranklinOH1Member
2020-01-01
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:FranklinOH2Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:FranklinOH2Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:GahannaOH1Member
nnn:FrischsBigBoyMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:GahannaOH1Member
nnn:FrischsBigBoyMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:OperatingLeaseMember
nnn:GreensburgIN1Member
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:OperatingLeaseMember
nnn:GreensburgIN1Member
2020-01-01
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:GroveCityOH1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:GroveCityOH1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:GroveportOH1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:GroveportOH1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:HamiltonOH1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:HamiltonOH1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:HamiltonOH2Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:HamiltonOH2Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:HarrisonOH1Member
nnn:FrischsBigBoyMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:HarrisonOH1Member
nnn:FrischsBigBoyMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:OperatingLeaseMember
nnn:HeathOH1Member
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:OperatingLeaseMember
nnn:HeathOH1Member
2020-01-01
2020-12-31
0000751364
nnn:HillsboroOH1Member
nnn:FrischsBigBoyMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:HillsboroOH1Member
nnn:FrischsBigBoyMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:OperatingLeaseMember
nnn:IndependenceKY1Member
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:OperatingLeaseMember
nnn:IndependenceKY1Member
2020-01-01
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:LancasterOH1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:LancasterOH1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:LawrenceburgIN1Member
nnn:FrischsBigBoyMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:LawrenceburgIN1Member
nnn:FrischsBigBoyMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:LebanonOH1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:LebanonOH1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:LexingtonKY1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:LexingtonKY1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:OperatingLeaseMember
nnn:LexingtonKY2Member
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:OperatingLeaseMember
nnn:LexingtonKY2Member
2020-01-01
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:LouisvilleKY1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:LouisvilleKY1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:OperatingLeaseMember
nnn:LouisvilleKY2Member
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:OperatingLeaseMember
nnn:LouisvilleKY2Member
2020-01-01
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:LovelandOH1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:LovelandOH1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:LovelandOH2Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:LovelandOH2Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:OperatingLeaseMember
nnn:MarysvilleOH1Member
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:OperatingLeaseMember
nnn:MarysvilleOH1Member
2020-01-01
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:MasonOH1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:MasonOH1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:MaysvilleKY1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:MaysvilleKY1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MiamisburgOH1Member
nnn:FrischsBigBoyMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MiamisburgOH1Member
nnn:FrischsBigBoyMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:MiddletownOH1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:MiddletownOH1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:MiddletownOH2Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:MiddletownOH2Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:MilfordOH1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:MilfordOH1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:NewAlbanyIN1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:NewAlbanyIN1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:ShepherdsvilleKY1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:ShepherdsvilleKY1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:SpringfieldOH1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:SpringfieldOH1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:OperatingLeaseMember
nnn:TippCityOH1Member
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:OperatingLeaseMember
nnn:TippCityOH1Member
2020-01-01
2020-12-31
0000751364
nnn:TroyOH1Member
nnn:FrischsBigBoyMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TroyOH1Member
nnn:FrischsBigBoyMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:OperatingLeaseMember
nnn:UrbanaOH1Member
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:OperatingLeaseMember
nnn:UrbanaOH1Member
2020-01-01
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:WashingtonOH1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:WashingtonOH1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:WilmingtonOH1Member
nnn:FrischsBigBoyMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:WilmingtonOH1Member
nnn:FrischsBigBoyMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:WinchesterKY1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:WinchesterKY1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:XeniaOH1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FrischsBigBoyMember
nnn:XeniaOH1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FuelUpMember
nnn:ChambersburgPA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FuelUpMember
nnn:ChambersburgPA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FuelOnMember
nnn:EmporiumPA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FuelOnMember
nnn:EmporiumPA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FuelOnMember
nnn:JohnsonburgPA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FuelOnMember
nnn:JohnsonburgPA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:St.MarysPA1Member
nnn:FuelOnMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:St.MarysPA1Member
nnn:FuelOnMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FuelOnMember
nnn:OperatingLeaseMember
nnn:HoutzdalePA1Member
2020-12-31
0000751364
nnn:FuelOnMember
nnn:OperatingLeaseMember
nnn:HoutzdalePA1Member
2020-01-01
2020-12-31
0000751364
nnn:FuelOnMember
nnn:PittsburghPA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FuelOnMember
nnn:PittsburghPA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:FujiJapaneseSteakhouseMember
nnn:FarmingtonNM1Member
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:FujiJapaneseSteakhouseMember
nnn:FarmingtonNM1Member
2020-01-01
2020-12-31
0000751364
nnn:ColumbusOH1Member
nnn:OperatingLeaseMember
nnn:FurnitureBankMember
2020-12-31
0000751364
nnn:ColumbusOH1Member
nnn:OperatingLeaseMember
nnn:FurnitureBankMember
2020-01-01
2020-12-31
0000751364
nnn:FurrsFamilyDiningMember
nnn:OperatingLeaseMember
nnn:MooreOK1Member
2020-12-31
0000751364
nnn:FurrsFamilyDiningMember
nnn:OperatingLeaseMember
nnn:MooreOK1Member
2020-01-01
2020-12-31
0000751364
nnn:ArlingtonTX1Member
nnn:FurrsFamilyDiningMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ArlingtonTX1Member
nnn:FurrsFamilyDiningMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FurrsFamilyDiningMember
nnn:McAllenTX1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FurrsFamilyDiningMember
nnn:McAllenTX1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:CorpusChristiTX1Member
nnn:FXVideoGameExchangeMember
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:CorpusChristiTX1Member
nnn:FXVideoGameExchangeMember
2020-01-01
2020-12-31
0000751364
nnn:GanderOutdoorsMember
nnn:OperatingLeaseMember
nnn:AmarilloTX1Member
2020-12-31
0000751364
nnn:GanderOutdoorsMember
nnn:OperatingLeaseMember
nnn:AmarilloTX1Member
2020-01-01
2020-12-31
0000751364
nnn:GanderOutdoorsMember
nnn:DeForestWI1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:GanderOutdoorsMember
nnn:DeForestWI1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SpringfieldIL1Member
nnn:GanderOutdoorsMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SpringfieldIL1Member
nnn:GanderOutdoorsMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:OnalaskaWI1Member
nnn:GanderOutdoorsMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:OnalaskaWI1Member
nnn:GanderOutdoorsMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:OcalaFL1Member
nnn:GanderOutdoorsMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:OcalaFL1Member
nnn:GanderOutdoorsMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:GanderOutdoorsMember
nnn:OperatingLeaseMember
nnn:BowlingGreenKY1Member
2020-12-31
0000751364
nnn:GanderOutdoorsMember
nnn:OperatingLeaseMember
nnn:BowlingGreenKY1Member
2020-01-01
2020-12-31
0000751364
nnn:GanderOutdoorsMember
nnn:OperatingLeaseMember
nnn:RoanokeVA1Member
2020-12-31
0000751364
nnn:GanderOutdoorsMember
nnn:OperatingLeaseMember
nnn:RoanokeVA1Member
2020-01-01
2020-12-31
0000751364
nnn:GreenfieldIN1Member
nnn:GanderOutdoorsMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:GreenfieldIN1Member
nnn:GanderOutdoorsMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:LakevilleMN1Member
nnn:GanderOutdoorsMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:LakevilleMN1Member
nnn:GanderOutdoorsMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:GatePetroleumMember
nnn:ConcordNC1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:GatePetroleumMember
nnn:ConcordNC1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:GatePetroleumMember
nnn:OperatingLeaseMember
nnn:RockyMountNC1Member
2020-12-31
0000751364
nnn:GatePetroleumMember
nnn:OperatingLeaseMember
nnn:RockyMountNC1Member
2020-01-01
2020-12-31
0000751364
nnn:GerberCollisionMember
nnn:OperatingLeaseMember
nnn:GarnerNC1Member
2020-12-31
0000751364
nnn:GerberCollisionMember
nnn:OperatingLeaseMember
nnn:GarnerNC1Member
2020-01-01
2020-12-31
0000751364
nnn:EsteroFL1Member
nnn:GerberCollisionMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:EsteroFL1Member
nnn:GerberCollisionMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:GerberCollisionMember
nnn:WoodstockGA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:GerberCollisionMember
nnn:WoodstockGA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:RoswellGA1Member
nnn:GerberCollisionMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:RoswellGA1Member
nnn:GerberCollisionMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:GerberCollisionMember
nnn:OperatingLeaseMember
nnn:TucsonAZ1Member
2020-12-31
0000751364
nnn:GerberCollisionMember
nnn:OperatingLeaseMember
nnn:TucsonAZ1Member
2020-01-01
2020-12-31
0000751364
nnn:TucsonAZ2Member
nnn:GerberCollisionMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TucsonAZ2Member
nnn:GerberCollisionMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:KansasCityMO1Member
nnn:GerberCollisionMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:KansasCityMO1Member
nnn:GerberCollisionMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:DaytonaBeachFL1Member
nnn:GerberCollisionMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:DaytonaBeachFL1Member
nnn:GerberCollisionMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:WoodstockGA2Member
nnn:GerberCollisionMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:WoodstockGA2Member
nnn:GerberCollisionMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:PensacolaFL1Member
nnn:GerberCollisionMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:GlobalMember
nnn:AugustaME1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:GlobalMember
nnn:AugustaME1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:GlobalMember
nnn:BedfordNH1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:GlobalMember
nnn:BedfordNH1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:BridgeportCT1Member
nnn:GlobalMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:BridgeportCT1Member
nnn:GlobalMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:GlobalMember
nnn:DerryNH1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:GlobalMember
nnn:DerryNH1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:DoverNH1Member
nnn:GlobalMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:DoverNH1Member
nnn:GlobalMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:GlobalMember
nnn:EppingNH1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:GlobalMember
nnn:EppingNH1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:GlobalMember
nnn:OperatingLeaseMember
nnn:ExeterNH1Member
2020-12-31
0000751364
nnn:GlobalMember
nnn:OperatingLeaseMember
nnn:ExeterNH1Member
2020-01-01
2020-12-31
0000751364
nnn:FitzwilliamNH1Member
nnn:GlobalMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FitzwilliamNH1Member
nnn:GlobalMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:GlobalMember
nnn:GardnerMA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:GlobalMember
nnn:GardnerMA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:HanoverMA1Member
nnn:GlobalMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:HanoverMA1Member
nnn:GlobalMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:GlobalMember
nnn:OperatingLeaseMember
nnn:JohnstonRI1Member
2020-12-31
0000751364
nnn:GlobalMember
nnn:OperatingLeaseMember
nnn:JohnstonRI1Member
2020-01-01
2020-12-31
0000751364
nnn:GlobalMember
nnn:OperatingLeaseMember
nnn:ManchesterCT1Member
2020-12-31
0000751364
nnn:GlobalMember
nnn:OperatingLeaseMember
nnn:ManchesterCT1Member
2020-01-01
2020-12-31
0000751364
nnn:MiddletonMA1Member
nnn:GlobalMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MiddletonMA1Member
nnn:GlobalMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MilfordMA1Member
nnn:GlobalMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MilfordMA1Member
nnn:GlobalMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:GlobalMember
nnn:NashuaNH1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:GlobalMember
nnn:NashuaNH1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:GlobalMember
nnn:OperatingLeaseMember
nnn:NorthEastonMA1Member
2020-12-31
0000751364
nnn:GlobalMember
nnn:OperatingLeaseMember
nnn:NorthEastonMA1Member
2020-01-01
2020-12-31
0000751364
nnn:PortlandME1Member
nnn:GlobalMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:PortlandME1Member
nnn:GlobalMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:GlobalMember
nnn:SaugusMA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:GlobalMember
nnn:SaugusMA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:GlobalMember
nnn:ScarboroughME1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:GlobalMember
nnn:ScarboroughME1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:GlobalMember
nnn:TewksburyMA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:GlobalMember
nnn:TewksburyMA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:GlobalMember
nnn:TownsendMA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:GlobalMember
nnn:TownsendMA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:WalthamMA1Member
nnn:GlobalMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:WalthamMA1Member
nnn:GlobalMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:WarwickRI1Member
nnn:GlobalMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:WarwickRI1Member
nnn:GlobalMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:WatervilleME1Member
nnn:GlobalMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:WatervilleME1Member
nnn:GlobalMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:WesterlyRI1Member
nnn:GlobalMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:WesterlyRI1Member
nnn:GlobalMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:WesterlyRI2Member
nnn:GlobalMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:WesterlyRI2Member
nnn:GlobalMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:GlobalMember
nnn:WestfordMA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:GlobalMember
nnn:WestfordMA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:GlobalMember
nnn:WeymouthMA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:GlobalMember
nnn:WeymouthMA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:GlobalMember
nnn:OperatingLeaseMember
nnn:WyomingRI1Member
2020-12-31
0000751364
nnn:GlobalMember
nnn:OperatingLeaseMember
nnn:WyomingRI1Member
2020-01-01
2020-12-31
0000751364
nnn:YorkME1Member
nnn:GlobalMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:YorkME1Member
nnn:GlobalMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:GoldenCorralMember
nnn:LakePlacidFL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:GoldenCorralMember
nnn:LakePlacidFL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:BrandonFL1Member
nnn:GoldenCorralMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:BrandonFL1Member
nnn:GoldenCorralMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:GoldenCorralMember
nnn:OperatingLeaseMember
nnn:TempleTerraceFL1Member
2020-12-31
0000751364
nnn:GoldenCorralMember
nnn:OperatingLeaseMember
nnn:TempleTerraceFL1Member
2020-01-01
2020-12-31
0000751364
nnn:GoldenCorralMember
nnn:DevenportIA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:GoldenCorralMember
nnn:DevenportIA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:PensacolaFL1Member
nnn:GoldenCorralMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:PensacolaFL1Member
nnn:GoldenCorralMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SealyTX1Member
nnn:GoodwillStoreMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SealyTX1Member
nnn:GoodwillStoreMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FortWorthTX1Member
nnn:GoodwillStoreMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FortWorthTX1Member
nnn:GoodwillStoreMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:GoodyearTruckTireMember
nnn:AnthonyTX1Member
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:GoodyearTruckTireMember
nnn:AnthonyTX1Member
2020-01-01
2020-12-31
0000751364
nnn:BeaverdamOH1Member
nnn:OperatingLeaseMember
nnn:GoodyearTruckTireMember
2020-12-31
0000751364
nnn:BeaverdamOH1Member
nnn:OperatingLeaseMember
nnn:GoodyearTruckTireMember
2020-01-01
2020-12-31
0000751364
nnn:BentonAR1Member
nnn:OperatingLeaseMember
nnn:GoodyearTruckTireMember
2020-12-31
0000751364
nnn:BentonAR1Member
nnn:OperatingLeaseMember
nnn:GoodyearTruckTireMember
2020-01-01
2020-12-31
0000751364
nnn:BowmanSC1Member
nnn:OperatingLeaseMember
nnn:GoodyearTruckTireMember
2020-12-31
0000751364
nnn:BowmanSC1Member
nnn:OperatingLeaseMember
nnn:GoodyearTruckTireMember
2020-01-01
2020-12-31
0000751364
nnn:DaltonGA1Member
nnn:OperatingLeaseMember
nnn:GoodyearTruckTireMember
2020-12-31
0000751364
nnn:DaltonGA1Member
nnn:OperatingLeaseMember
nnn:GoodyearTruckTireMember
2020-01-01
2020-12-31
0000751364
nnn:DandridgeTN1Member
nnn:OperatingLeaseMember
nnn:GoodyearTruckTireMember
2020-12-31
0000751364
nnn:DandridgeTN1Member
nnn:OperatingLeaseMember
nnn:GoodyearTruckTireMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:GoodyearTruckTireMember
nnn:FranklinOH1Member
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:GoodyearTruckTireMember
nnn:FranklinOH1Member
2020-01-01
2020-12-31
0000751364
nnn:GaryIN1Member
nnn:OperatingLeaseMember
nnn:GoodyearTruckTireMember
2020-12-31
0000751364
nnn:GaryIN1Member
nnn:OperatingLeaseMember
nnn:GoodyearTruckTireMember
2020-01-01
2020-12-31
0000751364
nnn:GeorgetownKY1Member
nnn:OperatingLeaseMember
nnn:GoodyearTruckTireMember
2020-12-31
0000751364
nnn:GeorgetownKY1Member
nnn:OperatingLeaseMember
nnn:GoodyearTruckTireMember
2020-01-01
2020-12-31
0000751364
nnn:PortWentworthGA1Member
nnn:OperatingLeaseMember
nnn:GoodyearTruckTireMember
2020-12-31
0000751364
nnn:PortWentworthGA1Member
nnn:OperatingLeaseMember
nnn:GoodyearTruckTireMember
2020-01-01
2020-12-31
0000751364
nnn:ValdosaGA1Member
nnn:OperatingLeaseMember
nnn:GoodyearTruckTireMember
2020-12-31
0000751364
nnn:ValdosaGA1Member
nnn:OperatingLeaseMember
nnn:GoodyearTruckTireMember
2020-01-01
2020-12-31
0000751364
nnn:TempleGA1Member
nnn:OperatingLeaseMember
nnn:GoodyearTruckTireMember
2020-12-31
0000751364
nnn:TempleGA1Member
nnn:OperatingLeaseMember
nnn:GoodyearTruckTireMember
2020-01-01
2020-12-31
0000751364
nnn:WhitelandIN1Member
nnn:OperatingLeaseMember
nnn:GoodyearTruckTireMember
2020-12-31
0000751364
nnn:WhitelandIN1Member
nnn:OperatingLeaseMember
nnn:GoodyearTruckTireMember
2020-01-01
2020-12-31
0000751364
nnn:UrbandaleIA1Member
nnn:OperatingLeaseMember
nnn:GoodyearTruckTireMember
2020-12-31
0000751364
nnn:UrbandaleIA1Member
nnn:OperatingLeaseMember
nnn:GoodyearTruckTireMember
2020-01-01
2020-12-31
0000751364
nnn:RobinsonTX1Member
nnn:OperatingLeaseMember
nnn:GoodyearTruckTireMember
2020-12-31
0000751364
nnn:RobinsonTX1Member
nnn:OperatingLeaseMember
nnn:GoodyearTruckTireMember
2020-01-01
2020-12-31
0000751364
nnn:KearneyMO1Member
nnn:OperatingLeaseMember
nnn:GoodyearTruckTireMember
2020-12-31
0000751364
nnn:KearneyMO1Member
nnn:OperatingLeaseMember
nnn:GoodyearTruckTireMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:GoodyearTruckTireMember
nnn:OklahomaCityOK1Member
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:GoodyearTruckTireMember
nnn:OklahomaCityOK1Member
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:GoodyearTruckTireMember
nnn:AmarilloTX1Member
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:GoodyearTruckTireMember
nnn:AmarilloTX1Member
2020-01-01
2020-12-31
0000751364
nnn:JacksonMS1Member
nnn:OperatingLeaseMember
nnn:GoodyearTruckTireMember
2020-12-31
0000751364
nnn:JacksonMS1Member
nnn:OperatingLeaseMember
nnn:GoodyearTruckTireMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:GoodyearTruckTireMember
nnn:GlendaleKY1Member
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:GoodyearTruckTireMember
nnn:GlendaleKY1Member
2020-01-01
2020-12-31
0000751364
nnn:LebanonTN1Member
nnn:OperatingLeaseMember
nnn:GoodyearTruckTireMember
2020-12-31
0000751364
nnn:LebanonTN1Member
nnn:OperatingLeaseMember
nnn:GoodyearTruckTireMember
2020-01-01
2020-12-31
0000751364
nnn:LaredoTX1Member
nnn:OperatingLeaseMember
nnn:GoodyearTruckTireMember
2020-12-31
0000751364
nnn:LaredoTX1Member
nnn:OperatingLeaseMember
nnn:GoodyearTruckTireMember
2020-01-01
2020-12-31
0000751364
nnn:MidlandTX1Member
nnn:OperatingLeaseMember
nnn:GoodyearTruckTireMember
2020-12-31
0000751364
nnn:MidlandTX1Member
nnn:OperatingLeaseMember
nnn:GoodyearTruckTireMember
2020-01-01
2020-12-31
0000751364
nnn:TuscaloosaAL1Member
nnn:OperatingLeaseMember
nnn:GoodyearTruckTireMember
2020-12-31
0000751364
nnn:TuscaloosaAL1Member
nnn:OperatingLeaseMember
nnn:GoodyearTruckTireMember
2020-01-01
2020-12-31
0000751364
nnn:KenlyNC1Member
nnn:OperatingLeaseMember
nnn:GoodyearTruckTireMember
2020-12-31
0000751364
nnn:KenlyNC1Member
nnn:OperatingLeaseMember
nnn:GoodyearTruckTireMember
2020-01-01
2020-12-31
0000751364
nnn:MatthewsMO1Member
nnn:OperatingLeaseMember
nnn:GoodyearTruckTireMember
2020-12-31
0000751364
nnn:MatthewsMO1Member
nnn:OperatingLeaseMember
nnn:GoodyearTruckTireMember
2020-01-01
2020-12-31
0000751364
nnn:BaytownTX1Member
nnn:OperatingLeaseMember
nnn:GoodyearTruckTireMember
2020-12-31
0000751364
nnn:BaytownTX1Member
nnn:OperatingLeaseMember
nnn:GoodyearTruckTireMember
2020-01-01
2020-12-31
0000751364
nnn:SunburyOH1Member
nnn:OperatingLeaseMember
nnn:GoodyearTruckTireMember
2020-12-31
0000751364
nnn:SunburyOH1Member
nnn:OperatingLeaseMember
nnn:GoodyearTruckTireMember
2020-01-01
2020-12-31
0000751364
nnn:GreenwoodLA1Member
nnn:OperatingLeaseMember
nnn:GoodyearTruckTireMember
2020-12-31
0000751364
nnn:GreenwoodLA1Member
nnn:OperatingLeaseMember
nnn:GoodyearTruckTireMember
2020-01-01
2020-12-31
0000751364
nnn:JoplinMO1Member
nnn:OperatingLeaseMember
nnn:GoodyearTruckTireMember
2020-12-31
0000751364
nnn:JoplinMO1Member
nnn:OperatingLeaseMember
nnn:GoodyearTruckTireMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:GoodyearTruckTireMember
nnn:WinslowAZ1Member
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:GoodyearTruckTireMember
nnn:WinslowAZ1Member
2020-01-01
2020-12-31
0000751364
nnn:GulfportMS1Member
nnn:OperatingLeaseMember
nnn:GoodyearTruckTireMember
2020-12-31
0000751364
nnn:GulfportMS1Member
nnn:OperatingLeaseMember
nnn:GoodyearTruckTireMember
2020-01-01
2020-12-31
0000751364
nnn:SulphurSpringsTX1Member
nnn:OperatingLeaseMember
nnn:GoodyearTruckTireMember
2020-12-31
0000751364
nnn:SulphurSpringsTX1Member
nnn:OperatingLeaseMember
nnn:GoodyearTruckTireMember
2020-01-01
2020-12-31
0000751364
nnn:WalcottIA1Member
nnn:OperatingLeaseMember
nnn:GoodyearTruckTireMember
2020-12-31
0000751364
nnn:WalcottIA1Member
nnn:OperatingLeaseMember
nnn:GoodyearTruckTireMember
2020-01-01
2020-12-31
0000751364
nnn:SouthBeloitIL1Member
nnn:OperatingLeaseMember
nnn:GoodyearTruckTireMember
2020-12-31
0000751364
nnn:SouthBeloitIL1Member
nnn:OperatingLeaseMember
nnn:GoodyearTruckTireMember
2020-01-01
2020-12-31
0000751364
nnn:EloyAZ1Member
nnn:OperatingLeaseMember
nnn:GoodyearTruckTireMember
2020-12-31
0000751364
nnn:EloyAZ1Member
nnn:OperatingLeaseMember
nnn:GoodyearTruckTireMember
2020-01-01
2020-12-31
0000751364
nnn:SwanseaIL1Member
nnn:GreatClipsMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SwanseaIL1Member
nnn:GreatClipsMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:GreatClipsMember
nnn:LapeerMI1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:GreatClipsMember
nnn:LapeerMI1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:GuitarCenterMember
nnn:RosevilleMN1Member
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:GuitarCenterMember
nnn:RosevilleMN1Member
2020-01-01
2020-12-31
0000751364
nnn:SwanseaIL1Member
nnn:HRBlockMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SwanseaIL1Member
nnn:HRBlockMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:HRBlockMember
nnn:BristolVA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:HRBlockMember
nnn:BristolVA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FederalWayWA1Member
nnn:HarborFreightToolsMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FederalWayWA1Member
nnn:HarborFreightToolsMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:GastoniaNC1Member
nnn:HarborFreightToolsMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:GastoniaNC1Member
nnn:HarborFreightToolsMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:HarborFreightToolsMember
nnn:PlainfieldIN1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:HarborFreightToolsMember
nnn:PlainfieldIN1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:HarborFreightToolsMember
nnn:OperatingLeaseMember
nnn:HoumaLA1Member
2020-12-31
0000751364
nnn:HarborFreightToolsMember
nnn:OperatingLeaseMember
nnn:HoumaLA1Member
2020-01-01
2020-12-31
0000751364
nnn:HarborFreightToolsMember
nnn:McKinneyTX1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:HarborFreightToolsMember
nnn:McKinneyTX1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MarionIN1Member
nnn:HarborFreightToolsMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MarionIN1Member
nnn:HarborFreightToolsMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:HarborFreightToolsMember
nnn:SanduskyOH1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:HarborFreightToolsMember
nnn:SanduskyOH1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:CasaGrandeAZ1Member
nnn:HarborFreightToolsMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:CasaGrandeAZ1Member
nnn:HarborFreightToolsMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:HillsboroOH1Member
nnn:HarborFreightToolsMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:HillsboroOH1Member
nnn:HarborFreightToolsMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:HarborFreightToolsMember
nnn:HowellMI1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:HarborFreightToolsMember
nnn:HowellMI1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:HarborFreightToolsMember
nnn:OperatingLeaseMember
nnn:LakeCItyFL1Member
2020-12-31
0000751364
nnn:HarborFreightToolsMember
nnn:OperatingLeaseMember
nnn:LakeCItyFL1Member
2020-01-01
2020-12-31
0000751364
nnn:MorristownTN1Member
nnn:HarborFreightToolsMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MorristownTN1Member
nnn:HarborFreightToolsMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:PalmHarborFL1Member
nnn:HarborFreightToolsMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:PalmHarborFL1Member
nnn:HarborFreightToolsMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ReynoldsburgOH1Member
nnn:HarborFreightToolsMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ReynoldsburgOH1Member
nnn:HarborFreightToolsMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:RogersAR1Member
nnn:HarborFreightToolsMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:RogersAR1Member
nnn:HarborFreightToolsMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SebringFL1Member
nnn:HarborFreightToolsMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SebringFL1Member
nnn:HarborFreightToolsMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SteubenvilleOH1Member
nnn:HarborFreightToolsMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SteubenvilleOH1Member
nnn:HarborFreightToolsMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TroyOH1Member
nnn:HarborFreightToolsMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TroyOH1Member
nnn:HarborFreightToolsMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:HarborFreightToolsMember
nnn:OperatingLeaseMember
nnn:WarrenOH1Member
2020-12-31
0000751364
nnn:HarborFreightToolsMember
nnn:OperatingLeaseMember
nnn:WarrenOH1Member
2020-01-01
2020-12-31
0000751364
nnn:ZanesvilleOH1Member
nnn:HarborFreightToolsMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ZanesvilleOH1Member
nnn:HarborFreightToolsMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:LouisvilleKY1Member
nnn:HarborFreightToolsMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:LouisvilleKY1Member
nnn:HarborFreightToolsMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:HarborFreightToolsMember
nnn:OperatingLeaseMember
nnn:DefianceOH1Member
2020-12-31
0000751364
nnn:HarborFreightToolsMember
nnn:OperatingLeaseMember
nnn:DefianceOH1Member
2020-01-01
2020-12-31
0000751364
nnn:HendersonNV1Member
nnn:HarborFreightToolsMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:HendersonNV1Member
nnn:HarborFreightToolsMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:LasVegasNV1Member
nnn:HarborFreightToolsMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:LasVegasNV1Member
nnn:HarborFreightToolsMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:CranberryCA1Member
nnn:HarborFreightToolsMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:CranberryCA1Member
nnn:HarborFreightToolsMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:HarborFreightToolsMember
nnn:OperatingLeaseMember
nnn:LaMiradaCA1Member
2020-12-31
0000751364
nnn:HarborFreightToolsMember
nnn:OperatingLeaseMember
nnn:LaMiradaCA1Member
2020-01-01
2020-12-31
0000751364
nnn:HarborFreightToolsMember
nnn:OperatingLeaseMember
nnn:MonacaPA1Member
2020-12-31
0000751364
nnn:HarborFreightToolsMember
nnn:OperatingLeaseMember
nnn:MonacaPA1Member
2020-01-01
2020-12-31
0000751364
nnn:VanNuysCA1Member
nnn:HarborFreightToolsMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:VanNuysCA1Member
nnn:HarborFreightToolsMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:HarborFreightToolsMember
nnn:OperatingLeaseMember
nnn:LosLunasNM1Member
2020-12-31
0000751364
nnn:HarborFreightToolsMember
nnn:OperatingLeaseMember
nnn:LosLunasNM1Member
2020-01-01
2020-12-31
0000751364
nnn:BayCityMI1Member
nnn:HarborFreightToolsMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MarbleFallsTXMember
nnn:HarborFreightToolsMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MarbleFallsTXMember
nnn:HarborFreightToolsMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:HardeesMember
nnn:OperatingLeaseMember
nnn:SavannahTN1Member
2020-12-31
0000751364
nnn:HardeesMember
nnn:OperatingLeaseMember
nnn:SavannahTN1Member
2020-01-01
2020-12-31
0000751364
nnn:HardeesMember
nnn:WarrentonNC1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:HardeesMember
nnn:WarrentonNC1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:PensacolaFL1Member
nnn:HavertysFurnitureMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:PensacolaFL1Member
nnn:HavertysFurnitureMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:BowieMD1Member
nnn:HavertysFurnitureMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:BowieMD1Member
nnn:HavertysFurnitureMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SuwaneeGA1Member
nnn:HealthyPetMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SuwaneeGA1Member
nnn:HealthyPetMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ColonialHeightsVA1Member
nnn:HealthyPetMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ColonialHeightsVA1Member
nnn:HealthyPetMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:HearUSAMember
nnn:LapeerMI1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:HearUSAMember
nnn:LapeerMI1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:HeartlandDentalMember
nnn:OperatingLeaseMember
nnn:GreerSC1Member
2020-12-31
0000751364
nnn:HeartlandDentalMember
nnn:OperatingLeaseMember
nnn:GreerSC1Member
2020-01-01
2020-12-31
0000751364
nnn:HeartlandDentalMember
nnn:OperatingLeaseMember
nnn:ColumbiaSC1Member
2020-12-31
0000751364
nnn:HeartlandDentalMember
nnn:OperatingLeaseMember
nnn:ColumbiaSC1Member
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:HercRentalsMember
nnn:AnaheimCA1Member
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:HercRentalsMember
nnn:AnaheimCA1Member
2020-01-01
2020-12-31
0000751364
nnn:ArdenNC1Member
nnn:OperatingLeaseMember
nnn:HercRentalsMember
2020-12-31
0000751364
nnn:ArdenNC1Member
nnn:OperatingLeaseMember
nnn:HercRentalsMember
2020-01-01
2020-12-31
0000751364
nnn:AthensGA1Member
nnn:OperatingLeaseMember
nnn:HercRentalsMember
2020-12-31
0000751364
nnn:AthensGA1Member
nnn:OperatingLeaseMember
nnn:HercRentalsMember
2020-01-01
2020-12-31
0000751364
nnn:AugustaGA1Member
nnn:OperatingLeaseMember
nnn:HercRentalsMember
2020-12-31
0000751364
nnn:AugustaGA1Member
nnn:OperatingLeaseMember
nnn:HercRentalsMember
2020-01-01
2020-12-31
0000751364
nnn:AustinTX1Member
nnn:OperatingLeaseMember
nnn:HercRentalsMember
2020-12-31
0000751364
nnn:AustinTX1Member
nnn:OperatingLeaseMember
nnn:HercRentalsMember
2020-01-01
2020-12-31
0000751364
nnn:BaltimoreMD1Member
nnn:OperatingLeaseMember
nnn:HercRentalsMember
2020-12-31
0000751364
nnn:BaltimoreMD1Member
nnn:OperatingLeaseMember
nnn:HercRentalsMember
2020-01-01
2020-12-31
0000751364
nnn:BeaumontTX1Member
nnn:OperatingLeaseMember
nnn:HercRentalsMember
2020-12-31
0000751364
nnn:BeaumontTX1Member
nnn:OperatingLeaseMember
nnn:HercRentalsMember
2020-01-01
2020-12-31
0000751364
nnn:BostonMA1Member
nnn:OperatingLeaseMember
nnn:HercRentalsMember
2020-12-31
0000751364
nnn:BostonMA1Member
nnn:OperatingLeaseMember
nnn:HercRentalsMember
2020-01-01
2020-12-31
0000751364
nnn:CarsonCA1Member
nnn:OperatingLeaseMember
nnn:HercRentalsMember
2020-12-31
0000751364
nnn:CarsonCA1Member
nnn:OperatingLeaseMember
nnn:HercRentalsMember
2020-01-01
2020-12-31
0000751364
nnn:CharlotteNC1Member
nnn:OperatingLeaseMember
nnn:HercRentalsMember
2020-12-31
0000751364
nnn:CharlotteNC1Member
nnn:OperatingLeaseMember
nnn:HercRentalsMember
2020-01-01
2020-12-31
0000751364
nnn:CincinnatiOH1Member
nnn:OperatingLeaseMember
nnn:HercRentalsMember
2020-12-31
0000751364
nnn:CincinnatiOH1Member
nnn:OperatingLeaseMember
nnn:HercRentalsMember
2020-01-01
2020-12-31
0000751364
nnn:ColumbusOH1Member
nnn:OperatingLeaseMember
nnn:HercRentalsMember
2020-12-31
0000751364
nnn:ColumbusOH1Member
nnn:OperatingLeaseMember
nnn:HercRentalsMember
2020-01-01
2020-12-31
0000751364
nnn:DeerParkTX1Member
nnn:OperatingLeaseMember
nnn:HercRentalsMember
2020-12-31
0000751364
nnn:DeerParkTX1Member
nnn:OperatingLeaseMember
nnn:HercRentalsMember
2020-01-01
2020-12-31
0000751364
nnn:FayettevilleNC1Member
nnn:OperatingLeaseMember
nnn:HercRentalsMember
2020-12-31
0000751364
nnn:FayettevilleNC1Member
nnn:OperatingLeaseMember
nnn:HercRentalsMember
2020-01-01
2020-12-31
0000751364
nnn:FoothillRanchCA1Member
nnn:OperatingLeaseMember
nnn:HercRentalsMember
2020-12-31
0000751364
nnn:FoothillRanchCA1Member
nnn:OperatingLeaseMember
nnn:HercRentalsMember
2020-01-01
2020-12-31
0000751364
nnn:GilbertAZ1Member
nnn:OperatingLeaseMember
nnn:HercRentalsMember
2020-12-31
0000751364
nnn:GilbertAZ1Member
nnn:OperatingLeaseMember
nnn:HercRentalsMember
2020-01-01
2020-12-31
0000751364
nnn:GreensboroNC1Member
nnn:OperatingLeaseMember
nnn:HercRentalsMember
2020-12-31
0000751364
nnn:GreensboroNC1Member
nnn:OperatingLeaseMember
nnn:HercRentalsMember
2020-01-01
2020-12-31
0000751364
nnn:HendersonCO1Member
nnn:OperatingLeaseMember
nnn:HercRentalsMember
2020-12-31
0000751364
nnn:HendersonCO1Member
nnn:OperatingLeaseMember
nnn:HercRentalsMember
2020-01-01
2020-12-31
0000751364
nnn:HoustonTX1Member
nnn:OperatingLeaseMember
nnn:HercRentalsMember
2020-12-31
0000751364
nnn:HoustonTX1Member
nnn:OperatingLeaseMember
nnn:HercRentalsMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:LakelandFL1Member
nnn:HercRentalsMember
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:LakelandFL1Member
nnn:HercRentalsMember
2020-01-01
2020-12-31
0000751364
nnn:LasVegasNV1Member
nnn:OperatingLeaseMember
nnn:HercRentalsMember
2020-12-31
0000751364
nnn:LasVegasNV1Member
nnn:OperatingLeaseMember
nnn:HercRentalsMember
2020-01-01
2020-12-31
0000751364
nnn:LittleRockAR1Member
nnn:OperatingLeaseMember
nnn:HercRentalsMember
2020-12-31
0000751364
nnn:LittleRockAR1Member
nnn:OperatingLeaseMember
nnn:HercRentalsMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:MaconGA1Member
nnn:HercRentalsMember
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:MaconGA1Member
nnn:HercRentalsMember
2020-01-01
2020-12-31
0000751364
nnn:MiamiFL1Member
nnn:OperatingLeaseMember
nnn:HercRentalsMember
2020-12-31
0000751364
nnn:MiamiFL1Member
nnn:OperatingLeaseMember
nnn:HercRentalsMember
2020-01-01
2020-12-31
0000751364
nnn:NorcrossGA1Member
nnn:OperatingLeaseMember
nnn:HercRentalsMember
2020-12-31
0000751364
nnn:NorcrossGA1Member
nnn:OperatingLeaseMember
nnn:HercRentalsMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:OklahomaCityOK1Member
nnn:HercRentalsMember
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:OklahomaCityOK1Member
nnn:HercRentalsMember
2020-01-01
2020-12-31
0000751364
nnn:OrlandoFL1Member
nnn:OperatingLeaseMember
nnn:HercRentalsMember
2020-12-31
0000751364
nnn:OrlandoFL1Member
nnn:OperatingLeaseMember
nnn:HercRentalsMember
2020-01-01
2020-12-31
0000751364
nnn:PensacolaFL1Member
nnn:OperatingLeaseMember
nnn:HercRentalsMember
2020-12-31
0000751364
nnn:PensacolaFL1Member
nnn:OperatingLeaseMember
nnn:HercRentalsMember
2020-01-01
2020-12-31
0000751364
nnn:PhoenixAZ1Member
nnn:OperatingLeaseMember
nnn:HercRentalsMember
2020-12-31
0000751364
nnn:PhoenixAZ1Member
nnn:OperatingLeaseMember
nnn:HercRentalsMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:RaleighNC1Member
nnn:HercRentalsMember
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:RaleighNC1Member
nnn:HercRentalsMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:RichlandMS1Member
nnn:HercRentalsMember
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:RichlandMS1Member
nnn:HercRentalsMember
2020-01-01
2020-12-31
0000751364
nnn:RivieraBeachFL1Member
nnn:OperatingLeaseMember
nnn:HercRentalsMember
2020-12-31
0000751364
nnn:RivieraBeachFL1Member
nnn:OperatingLeaseMember
nnn:HercRentalsMember
2020-01-01
2020-12-31
0000751364
nnn:RosevilleCA1Member
nnn:OperatingLeaseMember
nnn:HercRentalsMember
2020-12-31
0000751364
nnn:RosevilleCA1Member
nnn:OperatingLeaseMember
nnn:HercRentalsMember
2020-01-01
2020-12-31
0000751364
nnn:SanDiegoCA1Member
nnn:OperatingLeaseMember
nnn:HercRentalsMember
2020-12-31
0000751364
nnn:SanDiegoCA1Member
nnn:OperatingLeaseMember
nnn:HercRentalsMember
2020-01-01
2020-12-31
0000751364
nnn:SarasotaFL1Member
nnn:OperatingLeaseMember
nnn:HercRentalsMember
2020-12-31
0000751364
nnn:SarasotaFL1Member
nnn:OperatingLeaseMember
nnn:HercRentalsMember
2020-01-01
2020-12-31
0000751364
nnn:SavannahGA1Member
nnn:OperatingLeaseMember
nnn:HercRentalsMember
2020-12-31
0000751364
nnn:SavannahGA1Member
nnn:OperatingLeaseMember
nnn:HercRentalsMember
2020-01-01
2020-12-31
0000751364
nnn:SpringdaleAZ1Member
nnn:OperatingLeaseMember
nnn:HercRentalsMember
2020-12-31
0000751364
nnn:SpringdaleAZ1Member
nnn:OperatingLeaseMember
nnn:HercRentalsMember
2020-01-01
2020-12-31
0000751364
nnn:SpringfieldMO1Member
nnn:OperatingLeaseMember
nnn:HercRentalsMember
2020-12-31
0000751364
nnn:SpringfieldMO1Member
nnn:OperatingLeaseMember
nnn:HercRentalsMember
2020-01-01
2020-12-31
0000751364
nnn:TampaFL1Member
nnn:OperatingLeaseMember
nnn:HercRentalsMember
2020-12-31
0000751364
nnn:TampaFL1Member
nnn:OperatingLeaseMember
nnn:HercRentalsMember
2020-01-01
2020-12-31
0000751364
nnn:TexasCityTX1Member
nnn:OperatingLeaseMember
nnn:HercRentalsMember
2020-12-31
0000751364
nnn:TexasCityTX1Member
nnn:OperatingLeaseMember
nnn:HercRentalsMember
2020-01-01
2020-12-31
0000751364
nnn:VirginiaBeachVA1Member
nnn:OperatingLeaseMember
nnn:HercRentalsMember
2020-12-31
0000751364
nnn:VirginiaBeachVA1Member
nnn:OperatingLeaseMember
nnn:HercRentalsMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:HercRentalsMember
nnn:WestSacramentoCA1Member
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:HercRentalsMember
nnn:WestSacramentoCA1Member
2020-01-01
2020-12-31
0000751364
nnn:KansasCityMO1Member
nnn:OperatingLeaseMember
nnn:HercRentalsMember
2020-12-31
0000751364
nnn:KansasCityMO1Member
nnn:OperatingLeaseMember
nnn:HercRentalsMember
2020-01-01
2020-12-31
0000751364
nnn:BeavercreekOH1Member
nnn:HobbyLobbyMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:BeavercreekOH1Member
nnn:HobbyLobbyMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:HomeDepotMember
nnn:SunriseFL1Member
2020-12-31
0000751364
nnn:FairfaxVA1Member
nnn:HomeGoodsMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FairfaxVA1Member
nnn:HomeGoodsMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:HometownUrgentCareMember
nnn:OperatingLeaseMember
nnn:WarrenOH1Member
2020-12-31
0000751364
nnn:HometownUrgentCareMember
nnn:OperatingLeaseMember
nnn:WarrenOH1Member
2020-01-01
2020-12-31
0000751364
nnn:HootersMember
nnn:TampaFL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:HootersMember
nnn:TampaFL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:HumanaMember
nnn:OperatingLeaseMember
nnn:SunriseFL1Member
2020-12-31
0000751364
nnn:HumanaMember
nnn:OperatingLeaseMember
nnn:SunriseFL1Member
2020-01-01
2020-12-31
0000751364
nnn:HyVeeMember
nnn:OperatingLeaseMember
nnn:St.JosephMO1Member
2020-12-31
0000751364
nnn:HyVeeMember
nnn:OperatingLeaseMember
nnn:St.JosephMO1Member
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:NewOrleansLA1Member
nnn:InsuranceAutoAuctionsMember
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:NewOrleansLA1Member
nnn:InsuranceAutoAuctionsMember
2020-01-01
2020-12-31
0000751364
nnn:EDundeeIL1Member
nnn:OperatingLeaseMember
nnn:InsuranceAutoAuctionsMember
2020-12-31
0000751364
nnn:EDundeeIL1Member
nnn:OperatingLeaseMember
nnn:InsuranceAutoAuctionsMember
2020-01-01
2020-12-31
0000751364
nnn:BergenNY1Member
nnn:OperatingLeaseMember
nnn:InsuranceAutoAuctionsMember
2020-12-31
0000751364
nnn:BergenNY1Member
nnn:OperatingLeaseMember
nnn:InsuranceAutoAuctionsMember
2020-01-01
2020-12-31
0000751364
nnn:EminenceKY1Member
nnn:OperatingLeaseMember
nnn:InsuranceAutoAuctionsMember
2020-12-31
0000751364
nnn:EminenceKY1Member
nnn:OperatingLeaseMember
nnn:InsuranceAutoAuctionsMember
2020-01-01
2020-12-31
0000751364
nnn:MeridianID1Member
nnn:OperatingLeaseMember
nnn:InsuranceAutoAuctionsMember
2020-12-31
0000751364
nnn:MeridianID1Member
nnn:OperatingLeaseMember
nnn:InsuranceAutoAuctionsMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:FlintMI1Member
nnn:InsuranceAutoAuctionsMember
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:FlintMI1Member
nnn:InsuranceAutoAuctionsMember
2020-01-01
2020-12-31
0000751364
nnn:MidwestCityOK1Member
nnn:IntlHouseOfPancakesMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:IntlHouseOfPancakesMember
nnn:OperatingLeaseMember
nnn:AnkenyIA1Member
2020-12-31
0000751364
nnn:IntlHouseOfPancakesMember
nnn:OperatingLeaseMember
nnn:AnkenyIA1Member
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:CorpusChristiTX1Member
nnn:ISDRenalMember
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:CorpusChristiTX1Member
nnn:ISDRenalMember
2020-01-01
2020-12-31
0000751364
nnn:KendallvilleIN1Member
nnn:OperatingLeaseMember
nnn:ISDRenalMember
2020-12-31
0000751364
nnn:KendallvilleIN1Member
nnn:OperatingLeaseMember
nnn:ISDRenalMember
2020-01-01
2020-12-31
0000751364
nnn:MemphisTN1Member
nnn:OperatingLeaseMember
nnn:ISDRenalMember
2020-12-31
0000751364
nnn:MemphisTN1Member
nnn:OperatingLeaseMember
nnn:ISDRenalMember
2020-01-01
2020-12-31
0000751364
nnn:MemphisTN2Member
nnn:OperatingLeaseMember
nnn:ISDRenalMember
2020-12-31
0000751364
nnn:MemphisTN2Member
nnn:OperatingLeaseMember
nnn:ISDRenalMember
2020-01-01
2020-12-31
0000751364
nnn:HollywoodFL1Member
nnn:OperatingLeaseMember
nnn:JJInsuranceMember
2020-12-31
0000751364
nnn:HollywoodFL1Member
nnn:OperatingLeaseMember
nnn:JJInsuranceMember
2020-01-01
2020-12-31
0000751364
nnn:JackInTheBoxMember
nnn:OperatingLeaseMember
nnn:PlanoTX1Member
2020-12-31
0000751364
nnn:JackInTheBoxMember
nnn:OperatingLeaseMember
nnn:PlanoTX1Member
2020-01-01
2020-12-31
0000751364
nnn:JackInTheBoxMember
nnn:OperatingLeaseMember
nnn:MansfieldTX1Member
2020-12-31
0000751364
nnn:JackInTheBoxMember
nnn:OperatingLeaseMember
nnn:MansfieldTX1Member
2020-01-01
2020-12-31
0000751364
nnn:JacksMember
nnn:BlounstvilleAL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:JacksMember
nnn:BlounstvilleAL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:JacksMember
nnn:CentreAL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:JacksMember
nnn:CentreAL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:JacksMember
nnn:CollinsvilleAL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:JacksMember
nnn:CollinsvilleAL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:DemopolisAL1Member
nnn:JacksMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:DemopolisAL1Member
nnn:JacksMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:JacksMember
nnn:GeraldineAL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:JacksMember
nnn:GeraldineAL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:GuinAL1Member
nnn:JacksMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:GuinAL1Member
nnn:JacksMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:JacksMember
nnn:HancevilleAL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:JacksMember
nnn:HancevilleAL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:JacksMember
nnn:OperatingLeaseMember
nnn:HollyPondAL1Member
2020-12-31
0000751364
nnn:JacksMember
nnn:OperatingLeaseMember
nnn:HollyPondAL1Member
2020-01-01
2020-12-31
0000751364
nnn:JacksMember
nnn:JasperAL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:JacksMember
nnn:JasperAL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:JacksMember
nnn:OhatcheeAL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:JacksMember
nnn:OhatcheeAL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:JacksMember
nnn:OperatingLeaseMember
nnn:ScottsboroAL1Member
2020-12-31
0000751364
nnn:JacksMember
nnn:OperatingLeaseMember
nnn:ScottsboroAL1Member
2020-01-01
2020-12-31
0000751364
nnn:JacksMember
nnn:OperatingLeaseMember
nnn:FyffeAL1Member
2020-12-31
0000751364
nnn:JacksMember
nnn:OperatingLeaseMember
nnn:FyffeAL1Member
2020-01-01
2020-12-31
0000751364
nnn:JacksMember
nnn:LafayetteAL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:JacksMember
nnn:LafayetteAL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:JacksMember
nnn:PinsonAL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:JacksMember
nnn:PinsonAL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:JacksMember
nnn:OperatingLeaseMember
nnn:AddisonAL1Member
2020-12-31
0000751364
nnn:JacksMember
nnn:OperatingLeaseMember
nnn:AddisonAL1Member
2020-01-01
2020-12-31
0000751364
nnn:JacksMember
nnn:MoultonAL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:JacksMember
nnn:MoultonAL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:JacksMember
nnn:OperatingLeaseMember
nnn:GreensboroAL1Member
2020-12-31
0000751364
nnn:JacksMember
nnn:OperatingLeaseMember
nnn:GreensboroAL1Member
2020-01-01
2020-12-31
0000751364
nnn:JacksMember
nnn:SectionAL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:JacksMember
nnn:SectionAL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:RichmondVA1Member
nnn:OperatingLeaseMember
nnn:JaredJewelersMember
2020-12-31
0000751364
nnn:RichmondVA1Member
nnn:OperatingLeaseMember
nnn:JaredJewelersMember
2020-01-01
2020-12-31
0000751364
nnn:BrandonFL1Member
nnn:OperatingLeaseMember
nnn:JaredJewelersMember
2020-12-31
0000751364
nnn:BrandonFL1Member
nnn:OperatingLeaseMember
nnn:JaredJewelersMember
2020-01-01
2020-12-31
0000751364
nnn:LithoniaGA1Member
nnn:OperatingLeaseMember
nnn:JaredJewelersMember
2020-12-31
0000751364
nnn:LithoniaGA1Member
nnn:OperatingLeaseMember
nnn:JaredJewelersMember
2020-01-01
2020-12-31
0000751364
nnn:HoustonTX1Member
nnn:OperatingLeaseMember
nnn:JaredJewelersMember
2020-12-31
0000751364
nnn:HoustonTX1Member
nnn:OperatingLeaseMember
nnn:JaredJewelersMember
2020-01-01
2020-12-31
0000751364
nnn:OviedoFL1Member
nnn:OperatingLeaseMember
nnn:JaredJewelersMember
2020-12-31
0000751364
nnn:OviedoFL1Member
nnn:OperatingLeaseMember
nnn:JaredJewelersMember
2020-01-01
2020-12-31
0000751364
nnn:LapeerMI1Member
nnn:OperatingLeaseMember
nnn:JCNailsSalonMember
2020-12-31
0000751364
nnn:LapeerMI1Member
nnn:OperatingLeaseMember
nnn:JCNailsSalonMember
2020-01-01
2020-12-31
0000751364
nnn:BarryIL1Member
nnn:JiffiStopMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:BarryIL1Member
nnn:JiffiStopMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:BowenIL1Member
nnn:JiffiStopMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:BowenIL1Member
nnn:JiffiStopMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:CarrolltonIL1Member
nnn:JiffiStopMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:CarrolltonIL1Member
nnn:JiffiStopMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:GriggsvilleIL1Member
nnn:JiffiStopMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:GriggsvilleIL1Member
nnn:JiffiStopMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:JiffiStopMember
nnn:OperatingLeaseMember
nnn:JacksonvilleIL1Member
2020-12-31
0000751364
nnn:JiffiStopMember
nnn:OperatingLeaseMember
nnn:JacksonvilleIL1Member
2020-01-01
2020-12-31
0000751364
nnn:JiffiStopMember
nnn:OperatingLeaseMember
nnn:PittsfieldIL1Member
2020-12-31
0000751364
nnn:JiffiStopMember
nnn:OperatingLeaseMember
nnn:PittsfieldIL1Member
2020-01-01
2020-12-31
0000751364
nnn:PleasantHillIL1Member
nnn:JiffiStopMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:PleasantHillIL1Member
nnn:JiffiStopMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:JiffiStopMember
nnn:QuincyIL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:JiffiStopMember
nnn:QuincyIL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:JiffiStopMember
nnn:OperatingLeaseMember
nnn:QuincyIL2Member
2020-12-31
0000751364
nnn:JiffiStopMember
nnn:OperatingLeaseMember
nnn:QuincyIL2Member
2020-01-01
2020-12-31
0000751364
nnn:QuincyIL3Member
nnn:JiffiStopMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:QuincyIL3Member
nnn:JiffiStopMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:JiffiStopMember
nnn:SpringfieldIL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:JiffiStopMember
nnn:SpringfieldIL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:JiffiStopMember
nnn:OperatingLeaseMember
nnn:SpringfieldIL2Member
2020-12-31
0000751364
nnn:JiffiStopMember
nnn:OperatingLeaseMember
nnn:SpringfieldIL2Member
2020-01-01
2020-12-31
0000751364
nnn:JiffiStopMember
nnn:OperatingLeaseMember
nnn:SpringfieldIL3Member
2020-12-31
0000751364
nnn:JiffiStopMember
nnn:OperatingLeaseMember
nnn:SpringfieldIL3Member
2020-01-01
2020-12-31
0000751364
nnn:JiffiStopMember
nnn:OperatingLeaseMember
nnn:SpringfieldIL4Member
2020-12-31
0000751364
nnn:JiffiStopMember
nnn:OperatingLeaseMember
nnn:SpringfieldIL4Member
2020-01-01
2020-12-31
0000751364
nnn:TaylorMO1Member
nnn:JiffiStopMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TaylorMO1Member
nnn:JiffiStopMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AuburnMA1Member
nnn:OperatingLeaseMember
nnn:JiffyLubeMember
2020-12-31
0000751364
nnn:AuburnMA1Member
nnn:OperatingLeaseMember
nnn:JiffyLubeMember
2020-01-01
2020-12-31
0000751364
nnn:AyerMA1Member
nnn:OperatingLeaseMember
nnn:JiffyLubeMember
2020-12-31
0000751364
nnn:AyerMA1Member
nnn:OperatingLeaseMember
nnn:JiffyLubeMember
2020-01-01
2020-12-31
0000751364
nnn:BarringtonIL1Member
nnn:OperatingLeaseMember
nnn:JiffyLubeMember
2020-12-31
0000751364
nnn:BarringtonIL1Member
nnn:OperatingLeaseMember
nnn:JiffyLubeMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:JiffyLubeMember
nnn:BerwynIL1Member
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:JiffyLubeMember
nnn:BerwynIL1Member
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:JiffyLubeMember
nnn:BolingbrookIL1Member
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:JiffyLubeMember
nnn:BolingbrookIL1Member
2020-01-01
2020-12-31
0000751364
nnn:BurbankIL1Member
nnn:OperatingLeaseMember
nnn:JiffyLubeMember
2020-12-31
0000751364
nnn:BurbankIL1Member
nnn:OperatingLeaseMember
nnn:JiffyLubeMember
2020-01-01
2020-12-31
0000751364
nnn:PlattsburghNY1Member
nnn:OperatingLeaseMember
nnn:JiffyLubeMember
2020-12-31
0000751364
nnn:PlattsburghNY1Member
nnn:OperatingLeaseMember
nnn:JiffyLubeMember
2020-01-01
2020-12-31
0000751364
nnn:RomeovilleIL1Member
nnn:OperatingLeaseMember
nnn:JiffyLubeMember
2020-12-31
0000751364
nnn:RomeovilleIL1Member
nnn:OperatingLeaseMember
nnn:JiffyLubeMember
2020-01-01
2020-12-31
0000751364
nnn:WorcesterMA1Member
nnn:OperatingLeaseMember
nnn:JiffyLubeMember
2020-12-31
0000751364
nnn:WorcesterMA1Member
nnn:OperatingLeaseMember
nnn:JiffyLubeMember
2020-01-01
2020-12-31
0000751364
nnn:JinsAsianCafeMember
nnn:SealyTX1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:JinsAsianCafeMember
nnn:SealyTX1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:JoAnnEtcMember
nnn:CorpusChristiTX1Member
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:JoAnnEtcMember
nnn:CorpusChristiTX1Member
2020-01-01
2020-12-31
0000751364
nnn:St.PetersMO1Member
nnn:OperatingLeaseMember
nnn:JoAnnEtcMember
2020-12-31
0000751364
nnn:St.PetersMO1Member
nnn:OperatingLeaseMember
nnn:JoAnnEtcMember
2020-01-01
2020-12-31
0000751364
nnn:JoeHudsonsCollisionCenterMember
nnn:BirminghamAL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:JoeHudsonsCollisionCenterMember
nnn:BirminghamAL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:JoeHudsonsCollisionCenterMember
nnn:HamptonCoveAL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:JoeHudsonsCollisionCenterMember
nnn:HamptonCoveAL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:JoeHudsonsCollisionCenterMember
nnn:StatesboroGA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:JoeHudsonsCollisionCenterMember
nnn:StatesboroGA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:JoeHudsonsCollisionCenterMember
nnn:OperatingLeaseMember
nnn:PortRicheyFL1Member
2020-12-31
0000751364
nnn:JoeHudsonsCollisionCenterMember
nnn:OperatingLeaseMember
nnn:PortRicheyFL1Member
2020-01-01
2020-12-31
0000751364
nnn:JoeHudsonsCollisionCenterMember
nnn:LouisvilleKY1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:JoeHudsonsCollisionCenterMember
nnn:LouisvilleKY1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:JoeHudsonsCollisionCenterMember
nnn:OperatingLeaseMember
nnn:CullmanAL1Member
2020-12-31
0000751364
nnn:JoeHudsonsCollisionCenterMember
nnn:OperatingLeaseMember
nnn:CullmanAL1Member
2020-01-01
2020-12-31
0000751364
nnn:Just4DogsPetSalonMember
nnn:OrlandoFL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:Just4DogsPetSalonMember
nnn:OrlandoFL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:CarthageNC1Member
nnn:OperatingLeaseMember
nnn:KangarooExpressMember
2020-12-31
0000751364
nnn:CarthageNC1Member
nnn:OperatingLeaseMember
nnn:KangarooExpressMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:SanfordNC1Member
nnn:KangarooExpressMember
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:SanfordNC1Member
nnn:KangarooExpressMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:KangarooExpressMember
nnn:SanfordNC2Member
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:KangarooExpressMember
nnn:SanfordNC2Member
2020-01-01
2020-12-31
0000751364
nnn:SilerCityNC1Member
nnn:OperatingLeaseMember
nnn:KangarooExpressMember
2020-12-31
0000751364
nnn:SilerCityNC1Member
nnn:OperatingLeaseMember
nnn:KangarooExpressMember
2020-01-01
2020-12-31
0000751364
nnn:WestEndNCMember
nnn:OperatingLeaseMember
nnn:KangarooExpressMember
2020-12-31
0000751364
nnn:WestEndNCMember
nnn:OperatingLeaseMember
nnn:KangarooExpressMember
2020-01-01
2020-12-31
0000751364
nnn:BelleviewFL1Member
nnn:OperatingLeaseMember
nnn:KangarooExpressMember
2020-12-31
0000751364
nnn:BelleviewFL1Member
nnn:OperatingLeaseMember
nnn:KangarooExpressMember
2020-01-01
2020-12-31
0000751364
nnn:JacksonvilleBeachFL1Member
nnn:OperatingLeaseMember
nnn:KangarooExpressMember
2020-12-31
0000751364
nnn:JacksonvilleBeachFL1Member
nnn:OperatingLeaseMember
nnn:KangarooExpressMember
2020-01-01
2020-12-31
0000751364
nnn:JacksonvilleFL1Member
nnn:OperatingLeaseMember
nnn:KangarooExpressMember
2020-12-31
0000751364
nnn:JacksonvilleFL1Member
nnn:OperatingLeaseMember
nnn:KangarooExpressMember
2020-01-01
2020-12-31
0000751364
nnn:DestinFL1Member
nnn:OperatingLeaseMember
nnn:KangarooExpressMember
2020-12-31
0000751364
nnn:DestinFL1Member
nnn:OperatingLeaseMember
nnn:KangarooExpressMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:NicevilleFL1Member
nnn:KangarooExpressMember
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:NicevilleFL1Member
nnn:KangarooExpressMember
2020-01-01
2020-12-31
0000751364
nnn:KillDevilHillsNC1Member
nnn:OperatingLeaseMember
nnn:KangarooExpressMember
2020-12-31
0000751364
nnn:KillDevilHillsNC1Member
nnn:OperatingLeaseMember
nnn:KangarooExpressMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:KangarooExpressMember
nnn:KillDevilHillsNC2Member
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:KangarooExpressMember
nnn:KillDevilHillsNC2Member
2020-01-01
2020-12-31
0000751364
nnn:InterlachenFL1Member
nnn:OperatingLeaseMember
nnn:KangarooExpressMember
2020-12-31
0000751364
nnn:InterlachenFL1Member
nnn:OperatingLeaseMember
nnn:KangarooExpressMember
2020-01-01
2020-12-31
0000751364
nnn:ClarksvilleTN1Member
nnn:OperatingLeaseMember
nnn:KangarooExpressMember
2020-12-31
0000751364
nnn:ClarksvilleTN1Member
nnn:OperatingLeaseMember
nnn:KangarooExpressMember
2020-01-01
2020-12-31
0000751364
nnn:ClarksvilleTN2Member
nnn:OperatingLeaseMember
nnn:KangarooExpressMember
2020-12-31
0000751364
nnn:ClarksvilleTN2Member
nnn:OperatingLeaseMember
nnn:KangarooExpressMember
2020-01-01
2020-12-31
0000751364
nnn:GallatinTN1Member
nnn:OperatingLeaseMember
nnn:KangarooExpressMember
2020-12-31
0000751364
nnn:GallatinTN1Member
nnn:OperatingLeaseMember
nnn:KangarooExpressMember
2020-01-01
2020-12-31
0000751364
nnn:MidlandCityAL1Member
nnn:OperatingLeaseMember
nnn:KangarooExpressMember
2020-12-31
0000751364
nnn:MidlandCityAL1Member
nnn:OperatingLeaseMember
nnn:KangarooExpressMember
2020-01-01
2020-12-31
0000751364
nnn:NaplesFL1Member
nnn:OperatingLeaseMember
nnn:KangarooExpressMember
2020-12-31
0000751364
nnn:NaplesFL1Member
nnn:OperatingLeaseMember
nnn:KangarooExpressMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:ColumbianaAL1Member
nnn:KangarooExpressMember
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:ColumbianaAL1Member
nnn:KangarooExpressMember
2020-01-01
2020-12-31
0000751364
nnn:NaplesFL2Member
nnn:OperatingLeaseMember
nnn:KangarooExpressMember
2020-12-31
0000751364
nnn:NaplesFL2Member
nnn:OperatingLeaseMember
nnn:KangarooExpressMember
2020-01-01
2020-12-31
0000751364
nnn:LongsSC1Member
nnn:OperatingLeaseMember
nnn:KangarooExpressMember
2020-12-31
0000751364
nnn:LongsSC1Member
nnn:OperatingLeaseMember
nnn:KangarooExpressMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:KentwoodLA1Member
nnn:KangarooExpressMember
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:KentwoodLA1Member
nnn:KangarooExpressMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:KangarooExpressMember
nnn:DothanAL1Member
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:KangarooExpressMember
nnn:DothanAL1Member
2020-01-01
2020-12-31
0000751364
nnn:NaplesFL3Member
nnn:OperatingLeaseMember
nnn:KangarooExpressMember
2020-12-31
0000751364
nnn:NaplesFL3Member
nnn:OperatingLeaseMember
nnn:KangarooExpressMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:KangarooExpressMember
nnn:CaryNC1Member
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:KangarooExpressMember
nnn:CaryNC1Member
2020-01-01
2020-12-31
0000751364
nnn:HavelockNC1Member
nnn:OperatingLeaseMember
nnn:KangarooExpressMember
2020-12-31
0000751364
nnn:HavelockNC1Member
nnn:OperatingLeaseMember
nnn:KangarooExpressMember
2020-01-01
2020-12-31
0000751364
nnn:KARMHomeStoreMember
nnn:OperatingLeaseMember
nnn:KnoxvilleTN1Member
2020-12-31
0000751364
nnn:KARMHomeStoreMember
nnn:OperatingLeaseMember
nnn:KnoxvilleTN1Member
2020-01-01
2020-12-31
0000751364
nnn:FarmingtonMO1Member
nnn:OperatingLeaseMember
nnn:KayJewelersMember
2020-12-31
0000751364
nnn:FarmingtonMO1Member
nnn:OperatingLeaseMember
nnn:KayJewelersMember
2020-01-01
2020-12-31
0000751364
nnn:LynnwoodWA1Member
nnn:KegSteakhouseMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:LynnwoodWA1Member
nnn:KegSteakhouseMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MidlandTX1Member
nnn:OperatingLeaseMember
nnn:KentKwikMember
2020-12-31
0000751364
nnn:MidlandTX1Member
nnn:OperatingLeaseMember
nnn:KentKwikMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:KentKwikMember
nnn:OdessaTX1Member
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:KentKwikMember
nnn:OdessaTX1Member
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:MidlandTX2Member
nnn:KentKwikMember
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:MidlandTX2Member
nnn:KentKwikMember
2020-01-01
2020-12-31
0000751364
nnn:MidlandTX3Member
nnn:OperatingLeaseMember
nnn:KentKwikMember
2020-12-31
0000751364
nnn:MidlandTX3Member
nnn:OperatingLeaseMember
nnn:KentKwikMember
2020-01-01
2020-12-31
0000751364
nnn:KFCMember
nnn:OperatingLeaseMember
nnn:FentonMO1Member
2020-12-31
0000751364
nnn:KFCMember
nnn:OperatingLeaseMember
nnn:FentonMO1Member
2020-01-01
2020-12-31
0000751364
nnn:EriePA1Member
nnn:KFCMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:EriePA1Member
nnn:KFCMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MarysvilleWA1Member
nnn:KFCMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MarysvilleWA1Member
nnn:KFCMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:HamptonVA1Member
nnn:KFCMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:HamptonVA1Member
nnn:KFCMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:KFCMember
nnn:OperatingLeaseMember
nnn:MechanicsvilleVA1Member
2020-12-31
0000751364
nnn:KFCMember
nnn:OperatingLeaseMember
nnn:MechanicsvilleVA1Member
2020-01-01
2020-12-31
0000751364
nnn:KFCMember
nnn:OperatingLeaseMember
nnn:NewportNewsVA1Member
2020-12-31
0000751364
nnn:KFCMember
nnn:OperatingLeaseMember
nnn:NewportNewsVA1Member
2020-01-01
2020-12-31
0000751364
nnn:NewportNewsVA2Member
nnn:KFCMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:NewportNewsVA2Member
nnn:KFCMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:NewportNewsVA3Member
nnn:KFCMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:NewportNewsVA3Member
nnn:KFCMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:RichmondVA1Member
nnn:KFCMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:RichmondVA1Member
nnn:KFCMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:KFCMember
nnn:OperatingLeaseMember
nnn:RichmondVA2Member
2020-12-31
0000751364
nnn:KFCMember
nnn:OperatingLeaseMember
nnn:RichmondVA2Member
2020-01-01
2020-12-31
0000751364
nnn:KFCMember
nnn:RichmondVA3Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:KFCMember
nnn:RichmondVA3Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:RichmondVA4Member
nnn:KFCMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:RichmondVA4Member
nnn:KFCMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:KFCMember
nnn:OperatingLeaseMember
nnn:RichmondVA5Member
2020-12-31
0000751364
nnn:KFCMember
nnn:OperatingLeaseMember
nnn:RichmondVA5Member
2020-01-01
2020-12-31
0000751364
nnn:VirginiaBeachVA1Member
nnn:KFCMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:VirginiaBeachVA1Member
nnn:KFCMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AhoskieNC1Member
nnn:KFCMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AhoskieNC1Member
nnn:KFCMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ElizabethCityNC1Member
nnn:KFCMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ElizabethCityNC1Member
nnn:KFCMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:BrownsvilleTX1Member
nnn:KFCMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:BrownsvilleTX1Member
nnn:KFCMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:KFCMember
nnn:BrownsvilleTX2Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:KFCMember
nnn:BrownsvilleTX2Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:CopperasCoveTX1Member
nnn:KFCMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:CopperasCoveTX1Member
nnn:KFCMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:DelRioTX1Member
nnn:KFCMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:DelRioTX1Member
nnn:KFCMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:EaglePassTX1Member
nnn:KFCMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:EaglePassTX1Member
nnn:KFCMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:EdinburgTX1Member
nnn:KFCMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:EdinburgTX1Member
nnn:KFCMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:HarkerHeightsTX1Member
nnn:KFCMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:HarkerHeightsTX1Member
nnn:KFCMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:HarlingenTX1Member
nnn:KFCMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:HarlingenTX1Member
nnn:KFCMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:KFCMember
nnn:OperatingLeaseMember
nnn:JacksonvilleTX1Member
2020-12-31
0000751364
nnn:KFCMember
nnn:OperatingLeaseMember
nnn:JacksonvilleTX1Member
2020-01-01
2020-12-31
0000751364
nnn:KFCMember
nnn:OperatingLeaseMember
nnn:KilleenTX1Member
2020-12-31
0000751364
nnn:KFCMember
nnn:OperatingLeaseMember
nnn:KilleenTX1Member
2020-01-01
2020-12-31
0000751364
nnn:LaredoTX1Member
nnn:KFCMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:LaredoTX1Member
nnn:KFCMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MarshallTX1Member
nnn:KFCMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MarshallTX1Member
nnn:KFCMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:McAllenTX1Member
nnn:KFCMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:McAllenTX1Member
nnn:KFCMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:KFCMember
nnn:OperatingLeaseMember
nnn:MissionTX1Member
2020-12-31
0000751364
nnn:KFCMember
nnn:OperatingLeaseMember
nnn:MissionTX1Member
2020-01-01
2020-12-31
0000751364
nnn:PalestineTX1Member
nnn:KFCMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:PalestineTX1Member
nnn:KFCMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:PharrTX1Member
nnn:KFCMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:PharrTX1Member
nnn:KFCMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:RioGrandeCityTX1Member
nnn:KFCMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:RioGrandeCityTX1Member
nnn:KFCMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SouthPadreIslandTX1Member
nnn:KFCMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SouthPadreIslandTX1Member
nnn:KFCMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SanBenitoTX1Member
nnn:KFCMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SanBenitoTX1Member
nnn:KFCMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TempleTX1Member
nnn:KFCMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TempleTX1Member
nnn:KFCMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:KFCMember
nnn:OperatingLeaseMember
nnn:TylerTX1Member
2020-12-31
0000751364
nnn:KFCMember
nnn:OperatingLeaseMember
nnn:TylerTX1Member
2020-01-01
2020-12-31
0000751364
nnn:WacoTX1Member
nnn:KFCMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:WacoTX1Member
nnn:KFCMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:WacoTX2Member
nnn:KFCMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:WacoTX2Member
nnn:KFCMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:WeslacoTX1Member
nnn:KFCMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:WeslacoTX1Member
nnn:KFCMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:KFCMember
nnn:OperatingLeaseMember
nnn:BeltonMO1Member
2020-12-31
0000751364
nnn:KFCMember
nnn:OperatingLeaseMember
nnn:BeltonMO1Member
2020-01-01
2020-12-31
0000751364
nnn:KFCMember
nnn:OperatingLeaseMember
nnn:CameronMO1Member
2020-12-31
0000751364
nnn:KFCMember
nnn:OperatingLeaseMember
nnn:CameronMO1Member
2020-01-01
2020-12-31
0000751364
nnn:ColumbiaMO1Member
nnn:KFCMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ColumbiaMO1Member
nnn:KFCMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:KFCMember
nnn:OperatingLeaseMember
nnn:ExcelsiorSpringsMO1Member
2020-12-31
0000751364
nnn:KFCMember
nnn:OperatingLeaseMember
nnn:ExcelsiorSpringsMO1Member
2020-01-01
2020-12-31
0000751364
nnn:KFCMember
nnn:OperatingLeaseMember
nnn:FtPierceFL1Member
2020-12-31
0000751364
nnn:KFCMember
nnn:OperatingLeaseMember
nnn:FtPierceFL1Member
2020-01-01
2020-12-31
0000751364
nnn:KFCMember
nnn:OperatingLeaseMember
nnn:FtPierceFL2Member
2020-12-31
0000751364
nnn:KFCMember
nnn:OperatingLeaseMember
nnn:FtPierceFL2Member
2020-01-01
2020-12-31
0000751364
nnn:KFCMember
nnn:OperatingLeaseMember
nnn:LakeWalesFL1Member
2020-12-31
0000751364
nnn:KFCMember
nnn:OperatingLeaseMember
nnn:LakeWalesFL1Member
2020-01-01
2020-12-31
0000751364
nnn:OakGroveMO1Member
nnn:KFCMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:OakGroveMO1Member
nnn:KFCMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:PortStLucieFL1Member
nnn:KFCMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:PortStLucieFL1Member
nnn:KFCMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:PortStLucieFL2Member
nnn:KFCMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:PortStLucieFL2Member
nnn:KFCMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SebastianFL1Member
nnn:KFCMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SebastianFL1Member
nnn:KFCMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:KFCMember
nnn:OperatingLeaseMember
nnn:VeroBeachFL1Member
2020-12-31
0000751364
nnn:KFCMember
nnn:OperatingLeaseMember
nnn:VeroBeachFL1Member
2020-01-01
2020-12-31
0000751364
nnn:LisleIL1Member
nnn:KFCMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:LisleIL1Member
nnn:KFCMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:KFCMember
nnn:OperatingLeaseMember
nnn:LockportIL1Member
2020-12-31
0000751364
nnn:KFCMember
nnn:OperatingLeaseMember
nnn:LockportIL1Member
2020-01-01
2020-12-31
0000751364
nnn:SandwichIL1Member
nnn:KFCMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SandwichIL1Member
nnn:KFCMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:YorkvilleIL1Member
nnn:KFCMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:YorkvilleIL1Member
nnn:KFCMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ChillicotheOH1Member
nnn:KFCMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ChillicotheOH1Member
nnn:KFCMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:CirclevilleOH1Member
nnn:KFCMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:CirclevilleOH1Member
nnn:KFCMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:KFCMember
nnn:OperatingLeaseMember
nnn:FindlayOH1Member
2020-12-31
0000751364
nnn:KFCMember
nnn:OperatingLeaseMember
nnn:FindlayOH1Member
2020-01-01
2020-12-31
0000751364
nnn:KFCMember
nnn:OperatingLeaseMember
nnn:FlorenceKY1Member
2020-12-31
0000751364
nnn:KFCMember
nnn:OperatingLeaseMember
nnn:FlorenceKY1Member
2020-01-01
2020-12-31
0000751364
nnn:HillsboroOH1Member
nnn:KFCMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:HillsboroOH1Member
nnn:KFCMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:KFCMember
nnn:OperatingLeaseMember
nnn:MarysvilleOH1Member
2020-12-31
0000751364
nnn:KFCMember
nnn:OperatingLeaseMember
nnn:MarysvilleOH1Member
2020-01-01
2020-12-31
0000751364
nnn:NewBostonOH1Member
nnn:KFCMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:NewBostonOH1Member
nnn:KFCMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TaylorMillKY1Member
nnn:KFCMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TaylorMillKY1Member
nnn:KFCMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:WilmingtonOH1Member
nnn:KFCMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:WilmingtonOH1Member
nnn:KFCMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:KFCMember
nnn:OperatingLeaseMember
nnn:JacksonOH1Member
2020-12-31
0000751364
nnn:KFCMember
nnn:OperatingLeaseMember
nnn:JacksonOH1Member
2020-01-01
2020-12-31
0000751364
nnn:BedfordIN1Member
nnn:KFCMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:BedfordIN1Member
nnn:KFCMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:KFCMember
nnn:ChicopeeMA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:KFCMember
nnn:ChicopeeMA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:KFCMember
nnn:OperatingLeaseMember
nnn:JeffersonvilleIN1Member
2020-12-31
0000751364
nnn:KFCMember
nnn:OperatingLeaseMember
nnn:JeffersonvilleIN1Member
2020-01-01
2020-12-31
0000751364
nnn:LouisvilleKY1Member
nnn:KFCMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:LouisvilleKY1Member
nnn:KFCMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:KFCMember
nnn:OperatingLeaseMember
nnn:LouisvilleKY2Member
2020-12-31
0000751364
nnn:KFCMember
nnn:OperatingLeaseMember
nnn:LouisvilleKY2Member
2020-01-01
2020-12-31
0000751364
nnn:LouisvilleKY3Member
nnn:KFCMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:LouisvilleKY3Member
nnn:KFCMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:LouisvilleKY4Member
nnn:KFCMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:LouisvilleKY4Member
nnn:KFCMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MadisonIN1Member
nnn:KFCMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MadisonIN1Member
nnn:KFCMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:NewAlbanyIN1Member
nnn:KFCMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:NewAlbanyIN1Member
nnn:KFCMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:NewAlbanyIN2Member
nnn:KFCMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:NewAlbanyIN2Member
nnn:KFCMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:NorthVernonIN1Member
nnn:KFCMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:NorthVernonIN1Member
nnn:KFCMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:WashingtonIN1Member
nnn:KFCMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:WashingtonIN1Member
nnn:KFCMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:KohlsMember
nnn:FlorenceAL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:KohlsMember
nnn:FlorenceAL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ElkhartIN1Member
nnn:KrogerMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ElkhartIN1Member
nnn:KrogerMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:OmahaNE1Member
nnn:OperatingLeaseMember
nnn:KumGoMember
2020-12-31
0000751364
nnn:OmahaNE1Member
nnn:OperatingLeaseMember
nnn:KumGoMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:KwikPikMember
nnn:BearCreekPA1Member
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:KwikPikMember
nnn:BearCreekPA1Member
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:KwikPikMember
nnn:BradfordPA1Member
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:KwikPikMember
nnn:BradfordPA1Member
2020-01-01
2020-12-31
0000751364
nnn:CoraopolisPA1Member
nnn:OperatingLeaseMember
nnn:KwikPikMember
2020-12-31
0000751364
nnn:CoraopolisPA1Member
nnn:OperatingLeaseMember
nnn:KwikPikMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:KwikPikMember
nnn:BearCreekTownshipPA1Member
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:KwikPikMember
nnn:BearCreekTownshipPA1Member
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:KwikPikMember
nnn:BeechCreekPA1Member
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:KwikPikMember
nnn:BeechCreekPA1Member
2020-01-01
2020-12-31
0000751364
nnn:CanisteoNY1Member
nnn:OperatingLeaseMember
nnn:KwikPikMember
2020-12-31
0000751364
nnn:CanisteoNY1Member
nnn:OperatingLeaseMember
nnn:KwikPikMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:KwikPikMember
nnn:CurwensvillePA1Member
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:KwikPikMember
nnn:CurwensvillePA1Member
2020-01-01
2020-12-31
0000751364
nnn:EllwoodCityPA1Member
nnn:OperatingLeaseMember
nnn:KwikPikMember
2020-12-31
0000751364
nnn:EllwoodCityPA1Member
nnn:OperatingLeaseMember
nnn:KwikPikMember
2020-01-01
2020-12-31
0000751364
nnn:HastingsPA1Member
nnn:OperatingLeaseMember
nnn:KwikPikMember
2020-12-31
0000751364
nnn:HastingsPA1Member
nnn:OperatingLeaseMember
nnn:KwikPikMember
2020-01-01
2020-12-31
0000751364
nnn:JerseyShorePA1Member
nnn:OperatingLeaseMember
nnn:KwikPikMember
2020-12-31
0000751364
nnn:JerseyShorePA1Member
nnn:OperatingLeaseMember
nnn:KwikPikMember
2020-01-01
2020-12-31
0000751364
nnn:LeeperPA1Member
nnn:OperatingLeaseMember
nnn:KwikPikMember
2020-12-31
0000751364
nnn:LeeperPA1Member
nnn:OperatingLeaseMember
nnn:KwikPikMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:KwikPikMember
nnn:LewisberryPA1Member
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:KwikPikMember
nnn:LewisberryPA1Member
2020-01-01
2020-12-31
0000751364
nnn:MercersburgPA1Member
nnn:OperatingLeaseMember
nnn:KwikPikMember
2020-12-31
0000751364
nnn:MercersburgPA1Member
nnn:OperatingLeaseMember
nnn:KwikPikMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:KwikPikMember
nnn:NewFlorencePA1Member
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:KwikPikMember
nnn:NewFlorencePA1Member
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:KwikPikMember
nnn:NewsteadNY1Member
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:KwikPikMember
nnn:NewsteadNY1Member
2020-01-01
2020-12-31
0000751364
nnn:PhilipsburgPA1Member
nnn:OperatingLeaseMember
nnn:KwikPikMember
2020-12-31
0000751364
nnn:PhilipsburgPA1Member
nnn:OperatingLeaseMember
nnn:KwikPikMember
2020-01-01
2020-12-31
0000751364
nnn:PlainfieldPA1Member
nnn:OperatingLeaseMember
nnn:KwikPikMember
2020-12-31
0000751364
nnn:PlainfieldPA1Member
nnn:OperatingLeaseMember
nnn:KwikPikMember
2020-01-01
2020-12-31
0000751364
nnn:ReynoldsvillePA1Member
nnn:OperatingLeaseMember
nnn:KwikPikMember
2020-12-31
0000751364
nnn:ReynoldsvillePA1Member
nnn:OperatingLeaseMember
nnn:KwikPikMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:KwikPikMember
nnn:PortRoyalPA1Member
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:KwikPikMember
nnn:PortRoyalPA1Member
2020-01-01
2020-12-31
0000751364
nnn:LAFitnessMember
nnn:LittleRockAR1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:LAFitnessMember
nnn:LittleRockAR1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SarasotaFL1Member
nnn:LAFitnessMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SarasotaFL1Member
nnn:LAFitnessMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:CentervilleOH1Member
nnn:LAFitnessMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:CentervilleOH1Member
nnn:LAFitnessMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:WarrenMI1Member
nnn:LAFitnessMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:WarrenMI1Member
nnn:LAFitnessMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:CincinnatiOH1Member
nnn:LAFitnessMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:CincinnatiOH1Member
nnn:LAFitnessMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:LAFitnessMember
nnn:OperatingLeaseMember
nnn:IndianapolisIN1Member
2020-12-31
0000751364
nnn:LAFitnessMember
nnn:OperatingLeaseMember
nnn:IndianapolisIN1Member
2020-01-01
2020-12-31
0000751364
nnn:LAFitnessMember
nnn:OperatingLeaseMember
nnn:LaveenAZ1Member
2020-12-31
0000751364
nnn:LAFitnessMember
nnn:OperatingLeaseMember
nnn:LaveenAZ1Member
2020-01-01
2020-12-31
0000751364
nnn:LAFitnessMember
nnn:KennesawGA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:LAFitnessMember
nnn:KennesawGA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:LAFitnessMember
nnn:ArlingtonTX1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:LAFitnessMember
nnn:ArlingtonTX1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:HurstTX1Member
nnn:LAFitnessMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:HurstTX1Member
nnn:LAFitnessMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SouthPlainfieldNJ1Member
nnn:LAFitnessMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SouthPlainfieldNJ1Member
nnn:LAFitnessMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:LAFitnessMember
nnn:McDonoughGA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:LAFitnessMember
nnn:McDonoughGA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:LAFitnessMember
nnn:GreensburgPA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:LAFitnessMember
nnn:GreensburgPA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:LAFitnessMember
nnn:IndianapolisIN2Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:LAFitnessMember
nnn:IndianapolisIN2Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:LAFitnessMember
nnn:PhoenixAZ1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:LAFitnessMember
nnn:PhoenixAZ1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:LAFitnessMember
nnn:TampaFL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:LAFitnessMember
nnn:TampaFL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:LAFitnessMember
nnn:WestDundeeIL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:LAFitnessMember
nnn:WestDundeeIL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:LAFitnessMember
nnn:IrvingTX1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:LAFitnessMember
nnn:IrvingTX1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:LAFitnessMember
nnn:OperatingLeaseMember
nnn:RoyalOakMI1Member
2020-12-31
0000751364
nnn:LAFitnessMember
nnn:OperatingLeaseMember
nnn:RoyalOakMI1Member
2020-01-01
2020-12-31
0000751364
nnn:LAFitnessMember
nnn:St.LouisParkMN1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:LAFitnessMember
nnn:St.LouisParkMN1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:LAFitnessMember
nnn:PompanoBeachFL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:LAFitnessMember
nnn:PompanoBeachFL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:LAFitnessMember
nnn:SanAntonioTX1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:LAFitnessMember
nnn:SanAntonioTX1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:LAFitnessMember
nnn:OperatingLeaseMember
nnn:AntiochCA1Member
2020-12-31
0000751364
nnn:LAFitnessMember
nnn:OperatingLeaseMember
nnn:AntiochCA1Member
2020-01-01
2020-12-31
0000751364
nnn:LAFitnessMember
nnn:OperatingLeaseMember
nnn:PlymouthMI1Member
2020-12-31
0000751364
nnn:LAFitnessMember
nnn:OperatingLeaseMember
nnn:PlymouthMI1Member
2020-01-01
2020-12-31
0000751364
nnn:LAFitnessMember
nnn:TacomaWA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:LAFitnessMember
nnn:TacomaWA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:LAFitnessMember
nnn:RoundRockTX1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:LAFitnessMember
nnn:RoundRockTX1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:RoswellGA1Member
nnn:LAFitnessMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:RoswellGA1Member
nnn:LAFitnessMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:CordovaTN1Member
nnn:LAFitnessMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:CordovaTN1Member
nnn:LAFitnessMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:LAFitnessMember
nnn:OperatingLeaseMember
nnn:LakelandFL1Member
2020-12-31
0000751364
nnn:LAFitnessMember
nnn:OperatingLeaseMember
nnn:LakelandFL1Member
2020-01-01
2020-12-31
0000751364
nnn:LAFitnessMember
nnn:LivoniaMI1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:LAFitnessMember
nnn:LivoniaMI1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AlbuquerqueNM1Member
nnn:LaPetiteAcademyMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AlbuquerqueNM1Member
nnn:LaPetiteAcademyMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:LaPetiteAcademyMember
nnn:OperatingLeaseMember
nnn:Ft.WorthTX1Member
2020-12-31
0000751364
nnn:LaPetiteAcademyMember
nnn:OperatingLeaseMember
nnn:Ft.WorthTX1Member
2020-01-01
2020-12-31
0000751364
nnn:LaPetiteAcademyMember
nnn:OperatingLeaseMember
nnn:MooreOK1Member
2020-12-31
0000751364
nnn:LaPetiteAcademyMember
nnn:OperatingLeaseMember
nnn:MooreOK1Member
2020-01-01
2020-12-31
0000751364
nnn:LaPetiteAcademyMember
nnn:OperatingLeaseMember
nnn:OklahomaCityOK1Member
2020-12-31
0000751364
nnn:LaPetiteAcademyMember
nnn:OperatingLeaseMember
nnn:OklahomaCityOK1Member
2020-01-01
2020-12-31
0000751364
nnn:LastStopWestMember
nnn:AzleTX1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:LastStopWestMember
nnn:AzleTX1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:Mt.LaurelNJ1Member
nnn:OperatingLeaseMember
nnn:LifeTimeFitnessMember
2020-12-31
0000751364
nnn:Mt.LaurelNJ1Member
nnn:OperatingLeaseMember
nnn:LifeTimeFitnessMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:LifeTimeFitnessMember
nnn:FraminghamMA1Member
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:LifeTimeFitnessMember
nnn:FraminghamMA1Member
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:LifeTimeFitnessMember
nnn:GaithersburgMD1Member
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:LifeTimeFitnessMember
nnn:GaithersburgMD1Member
2020-01-01
2020-12-31
0000751364
nnn:GainesvilleFL1Member
nnn:LilChampMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:GainesvilleFL1Member
nnn:LilChampMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:JacksonvilleFL1Member
nnn:LilChampMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:JacksonvilleFL1Member
nnn:LilChampMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:OcalaFL1Member
nnn:LilChampMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:OcalaFL1Member
nnn:LilChampMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:LittleGermanyRestaurantMember
nnn:FortWorthTX1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:LittleGermanyRestaurantMember
nnn:FortWorthTX1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:BridgeviewIL1Member
nnn:LoanMaxMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:BridgeviewIL1Member
nnn:LoanMaxMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AlexandriaLA1Member
nnn:OperatingLeaseMember
nnn:LogansRoadhouseMember
2020-12-31
0000751364
nnn:AlexandriaLA1Member
nnn:OperatingLeaseMember
nnn:LogansRoadhouseMember
2020-01-01
2020-12-31
0000751364
nnn:BeckleyWV1Member
nnn:OperatingLeaseMember
nnn:LogansRoadhouseMember
2020-12-31
0000751364
nnn:BeckleyWV1Member
nnn:OperatingLeaseMember
nnn:LogansRoadhouseMember
2020-01-01
2020-12-31
0000751364
nnn:CookevilleTN1Member
nnn:OperatingLeaseMember
nnn:LogansRoadhouseMember
2020-12-31
0000751364
nnn:CookevilleTN1Member
nnn:OperatingLeaseMember
nnn:LogansRoadhouseMember
2020-01-01
2020-12-31
0000751364
nnn:HurstTX1Member
nnn:OperatingLeaseMember
nnn:LogansRoadhouseMember
2020-12-31
0000751364
nnn:HurstTX1Member
nnn:OperatingLeaseMember
nnn:LogansRoadhouseMember
2020-01-01
2020-12-31
0000751364
nnn:JacksonTN1Member
nnn:OperatingLeaseMember
nnn:LogansRoadhouseMember
2020-12-31
0000751364
nnn:JacksonTN1Member
nnn:OperatingLeaseMember
nnn:LogansRoadhouseMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:LakeCharlesLA1Member
nnn:LogansRoadhouseMember
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:LakeCharlesLA1Member
nnn:LogansRoadhouseMember
2020-01-01
2020-12-31
0000751364
nnn:McAllenTX1Member
nnn:OperatingLeaseMember
nnn:LogansRoadhouseMember
2020-12-31
0000751364
nnn:McAllenTX1Member
nnn:OperatingLeaseMember
nnn:LogansRoadhouseMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:RoanokeVA1Member
nnn:LogansRoadhouseMember
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:RoanokeVA1Member
nnn:LogansRoadhouseMember
2020-01-01
2020-12-31
0000751364
nnn:SmyrnaTN1Member
nnn:OperatingLeaseMember
nnn:LogansRoadhouseMember
2020-12-31
0000751364
nnn:SmyrnaTN1Member
nnn:OperatingLeaseMember
nnn:LogansRoadhouseMember
2020-01-01
2020-12-31
0000751364
nnn:NashvilleTN1Member
nnn:OperatingLeaseMember
nnn:LogansRoadhouseMember
2020-12-31
0000751364
nnn:NashvilleTN1Member
nnn:OperatingLeaseMember
nnn:LogansRoadhouseMember
2020-01-01
2020-12-31
0000751364
nnn:MarionIL1Member
nnn:OperatingLeaseMember
nnn:LogansRoadhouseMember
2020-12-31
0000751364
nnn:MarionIL1Member
nnn:OperatingLeaseMember
nnn:LogansRoadhouseMember
2020-01-01
2020-12-31
0000751364
nnn:PoolerGA1Member
nnn:OperatingLeaseMember
nnn:LogansRoadhouseMember
2020-12-31
0000751364
nnn:PoolerGA1Member
nnn:OperatingLeaseMember
nnn:LogansRoadhouseMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:CullmanAL1Member
nnn:LogansRoadhouseMember
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:CullmanAL1Member
nnn:LogansRoadhouseMember
2020-01-01
2020-12-31
0000751364
nnn:LebanonTN1Member
nnn:OperatingLeaseMember
nnn:LogansRoadhouseMember
2020-12-31
0000751364
nnn:LebanonTN1Member
nnn:OperatingLeaseMember
nnn:LogansRoadhouseMember
2020-01-01
2020-12-31
0000751364
nnn:MadisonAL1Member
nnn:OperatingLeaseMember
nnn:LogansRoadhouseMember
2020-12-31
0000751364
nnn:MadisonAL1Member
nnn:OperatingLeaseMember
nnn:LogansRoadhouseMember
2020-01-01
2020-12-31
0000751364
nnn:HopkinsvilleKY1Member
nnn:OperatingLeaseMember
nnn:LogansRoadhouseMember
2020-12-31
0000751364
nnn:HopkinsvilleKY1Member
nnn:OperatingLeaseMember
nnn:LogansRoadhouseMember
2020-01-01
2020-12-31
0000751364
nnn:LowesMember
nnn:MemphisTN1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:LowesMember
nnn:MemphisTN1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MagicChinaCafeMember
nnn:OrlandoFL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MagicChinaCafeMember
nnn:OrlandoFL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ColumbusOH1Member
nnn:MagicMountainMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ColumbusOH1Member
nnn:MagicMountainMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ColumbusOH2Member
nnn:MagicMountainMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ColumbusOH2Member
nnn:MagicMountainMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MainEventMember
nnn:OperatingLeaseMember
nnn:OklahomaCityOK1Member
2020-12-31
0000751364
nnn:MainEventMember
nnn:OperatingLeaseMember
nnn:OklahomaCityOK1Member
2020-01-01
2020-12-31
0000751364
nnn:SanAntonioTX1Member
nnn:MainEventMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SanAntonioTX1Member
nnn:MainEventMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MainEventMember
nnn:TulsaOK1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MainEventMember
nnn:TulsaOK1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FortWorthTX1Member
nnn:MainEventMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FortWorthTX1Member
nnn:MainEventMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:LouisvilleKY1Member
nnn:MainEventMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:LouisvilleKY1Member
nnn:MainEventMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:IndependenceMO1Member
nnn:MainEventMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:IndependenceMO1Member
nnn:MainEventMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MemphisTN2Member
nnn:MainEventMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MemphisTN2Member
nnn:MainEventMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:OlatheKS1Member
nnn:MainEventMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:OlatheKS1Member
nnn:MainEventMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MainEventMember
nnn:OperatingLeaseMember
nnn:WestChesterOH1Member
2020-12-31
0000751364
nnn:MainEventMember
nnn:OperatingLeaseMember
nnn:WestChesterOH1Member
2020-01-01
2020-12-31
0000751364
nnn:HoffmanEstatesIL1Member
nnn:MainEventMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:HoffmanEstatesIL1Member
nnn:MainEventMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SuwaneeGA1Member
nnn:MainEventMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SuwaneeGA1Member
nnn:MainEventMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AlbuquerqueNM1Member
nnn:MainEventMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AlbuquerqueNM1Member
nnn:MainEventMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:HumbleTX1Member
nnn:MainEventMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:HumbleTX1Member
nnn:MainEventMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:KansasCityMO1Member
nnn:MainEventMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:KansasCityMO1Member
nnn:MainEventMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MainEventMember
nnn:OperatingLeaseMember
nnn:KnoxvilleTN1Member
2020-12-31
0000751364
nnn:MainEventMember
nnn:OperatingLeaseMember
nnn:KnoxvilleTN1Member
2020-01-01
2020-12-31
0000751364
nnn:MainEventMember
nnn:GilbertAZ1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MainEventMember
nnn:GilbertAZ1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MainEventMember
nnn:OperatingLeaseMember
nnn:HighlandsRanchCO1Member
2020-12-31
0000751364
nnn:MainEventMember
nnn:OperatingLeaseMember
nnn:HighlandsRanchCO1Member
2020-01-01
2020-12-31
0000751364
nnn:AvonOH1Member
nnn:MainEventMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AvonOH1Member
nnn:MainEventMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MattressFirmMember
nnn:BufordGA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MattressFirmMember
nnn:BufordGA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MattressFirmMember
nnn:LancasterOH1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MattressFirmMember
nnn:LancasterOH1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MattressFirmMember
nnn:PlainfieldIN1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MattressFirmMember
nnn:PlainfieldIN1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MattressFirmMember
nnn:FayettevilleAR1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MattressFirmMember
nnn:FayettevilleAR1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MattressFirmMember
nnn:OperatingLeaseMember
nnn:PocatelloID1Member
2020-12-31
0000751364
nnn:MattressFirmMember
nnn:OperatingLeaseMember
nnn:PocatelloID1Member
2020-01-01
2020-12-31
0000751364
nnn:MattressFirmMember
nnn:SouthJordanUT1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MattressFirmMember
nnn:SouthJordanUT1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MattressFirmMember
nnn:KentwoodMI1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MattressFirmMember
nnn:KentwoodMI1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MattressFirmMember
nnn:MuncieIN1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MattressFirmMember
nnn:MuncieIN1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MattressFirmMember
nnn:SanduskyOH1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MattressFirmMember
nnn:SanduskyOH1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FortCollinsCO1Member
nnn:MattressFirmMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FortCollinsCO1Member
nnn:MattressFirmMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:WoosterOH1Member
nnn:MattressFirmMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:WoosterOH1Member
nnn:MattressFirmMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:JacksonvilleFL1Member
nnn:MavisTireSupplyAutoSpotMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:JacksonvilleFL1Member
nnn:MavisTireSupplyAutoSpotMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MavisTireSupplyAutoSpotMember
nnn:OperatingLeaseMember
nnn:JacksonvilleFL2Member
2020-12-31
0000751364
nnn:MavisTireSupplyAutoSpotMember
nnn:OperatingLeaseMember
nnn:JacksonvilleFL2Member
2020-01-01
2020-12-31
0000751364
nnn:CummingGA1Member
nnn:MavisTireSupplyDeKalbTireMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:CummingGA1Member
nnn:MavisTireSupplyDeKalbTireMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AlpharettaGA1Member
nnn:OperatingLeaseMember
nnn:MavisTireSupplyKauffmanTireMember
2020-12-31
0000751364
nnn:AlpharettaGA1Member
nnn:OperatingLeaseMember
nnn:MavisTireSupplyKauffmanTireMember
2020-01-01
2020-12-31
0000751364
nnn:AlpharettaGA2Member
nnn:OperatingLeaseMember
nnn:MavisTireSupplyKauffmanTireMember
2020-12-31
0000751364
nnn:AlpharettaGA2Member
nnn:OperatingLeaseMember
nnn:MavisTireSupplyKauffmanTireMember
2020-01-01
2020-12-31
0000751364
nnn:AlpharettaGA3Member
nnn:OperatingLeaseMember
nnn:MavisTireSupplyKauffmanTireMember
2020-12-31
0000751364
nnn:AlpharettaGA3Member
nnn:OperatingLeaseMember
nnn:MavisTireSupplyKauffmanTireMember
2020-01-01
2020-12-31
0000751364
nnn:AthensGA1Member
nnn:OperatingLeaseMember
nnn:MavisTireSupplyKauffmanTireMember
2020-12-31
0000751364
nnn:AthensGA1Member
nnn:OperatingLeaseMember
nnn:MavisTireSupplyKauffmanTireMember
2020-01-01
2020-12-31
0000751364
nnn:BradentonFL1Member
nnn:OperatingLeaseMember
nnn:MavisTireSupplyKauffmanTireMember
2020-12-31
0000751364
nnn:BradentonFL1Member
nnn:OperatingLeaseMember
nnn:MavisTireSupplyKauffmanTireMember
2020-01-01
2020-12-31
0000751364
nnn:CovingtonGA1Member
nnn:OperatingLeaseMember
nnn:MavisTireSupplyKauffmanTireMember
2020-12-31
0000751364
nnn:CovingtonGA1Member
nnn:OperatingLeaseMember
nnn:MavisTireSupplyKauffmanTireMember
2020-01-01
2020-12-31
0000751364
nnn:CummingGA2Member
nnn:OperatingLeaseMember
nnn:MavisTireSupplyKauffmanTireMember
2020-12-31
0000751364
nnn:CummingGA2Member
nnn:OperatingLeaseMember
nnn:MavisTireSupplyKauffmanTireMember
2020-01-01
2020-12-31
0000751364
nnn:DouglasvilleGA1Member
nnn:OperatingLeaseMember
nnn:MavisTireSupplyKauffmanTireMember
2020-12-31
0000751364
nnn:DouglasvilleGA1Member
nnn:OperatingLeaseMember
nnn:MavisTireSupplyKauffmanTireMember
2020-01-01
2020-12-31
0000751364
nnn:HiramGA1Member
nnn:OperatingLeaseMember
nnn:MavisTireSupplyKauffmanTireMember
2020-12-31
0000751364
nnn:HiramGA1Member
nnn:OperatingLeaseMember
nnn:MavisTireSupplyKauffmanTireMember
2020-01-01
2020-12-31
0000751364
nnn:KennesawGA1Member
nnn:OperatingLeaseMember
nnn:MavisTireSupplyKauffmanTireMember
2020-12-31
0000751364
nnn:KennesawGA1Member
nnn:OperatingLeaseMember
nnn:MavisTireSupplyKauffmanTireMember
2020-01-01
2020-12-31
0000751364
nnn:LawrencevilleGA1Member
nnn:OperatingLeaseMember
nnn:MavisTireSupplyKauffmanTireMember
2020-12-31
0000751364
nnn:LawrencevilleGA1Member
nnn:OperatingLeaseMember
nnn:MavisTireSupplyKauffmanTireMember
2020-01-01
2020-12-31
0000751364
nnn:LawrencevilleGA2Member
nnn:OperatingLeaseMember
nnn:MavisTireSupplyKauffmanTireMember
2020-12-31
0000751364
nnn:LawrencevilleGA2Member
nnn:OperatingLeaseMember
nnn:MavisTireSupplyKauffmanTireMember
2020-01-01
2020-12-31
0000751364
nnn:LilburnGA1Member
nnn:OperatingLeaseMember
nnn:MavisTireSupplyKauffmanTireMember
2020-12-31
0000751364
nnn:LilburnGA1Member
nnn:OperatingLeaseMember
nnn:MavisTireSupplyKauffmanTireMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:MavisTireSupplyKauffmanTireMember
nnn:LoganvilleGA1Member
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:MavisTireSupplyKauffmanTireMember
nnn:LoganvilleGA1Member
2020-01-01
2020-12-31
0000751364
nnn:MariettaGA1Member
nnn:OperatingLeaseMember
nnn:MavisTireSupplyKauffmanTireMember
2020-12-31
0000751364
nnn:MariettaGA1Member
nnn:OperatingLeaseMember
nnn:MavisTireSupplyKauffmanTireMember
2020-01-01
2020-12-31
0000751364
nnn:McDonoughGA1Member
nnn:OperatingLeaseMember
nnn:MavisTireSupplyKauffmanTireMember
2020-12-31
0000751364
nnn:McDonoughGA1Member
nnn:OperatingLeaseMember
nnn:MavisTireSupplyKauffmanTireMember
2020-01-01
2020-12-31
0000751364
nnn:NewPortRicheyFL1Member
nnn:OperatingLeaseMember
nnn:MavisTireSupplyKauffmanTireMember
2020-12-31
0000751364
nnn:NewPortRicheyFL1Member
nnn:OperatingLeaseMember
nnn:MavisTireSupplyKauffmanTireMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:MavisTireSupplyKauffmanTireMember
nnn:StockbridgeGA1Member
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:MavisTireSupplyKauffmanTireMember
nnn:StockbridgeGA1Member
2020-01-01
2020-12-31
0000751364
nnn:ValdostaGA1Member
nnn:OperatingLeaseMember
nnn:MavisTireSupplyKauffmanTireMember
2020-12-31
0000751364
nnn:ValdostaGA1Member
nnn:OperatingLeaseMember
nnn:MavisTireSupplyKauffmanTireMember
2020-01-01
2020-12-31
0000751364
nnn:BrunswickGA1Member
nnn:OperatingLeaseMember
nnn:MavisTireSupplyKauffmanTireMember
2020-12-31
0000751364
nnn:BrunswickGA1Member
nnn:OperatingLeaseMember
nnn:MavisTireSupplyKauffmanTireMember
2020-01-01
2020-12-31
0000751364
nnn:CantonGA1Member
nnn:OperatingLeaseMember
nnn:MavisTireSupplyKauffmanTireMember
2020-12-31
0000751364
nnn:CantonGA1Member
nnn:OperatingLeaseMember
nnn:MavisTireSupplyKauffmanTireMember
2020-01-01
2020-12-31
0000751364
nnn:CordeleGA1Member
nnn:OperatingLeaseMember
nnn:MavisTireSupplyKauffmanTireMember
2020-12-31
0000751364
nnn:CordeleGA1Member
nnn:OperatingLeaseMember
nnn:MavisTireSupplyKauffmanTireMember
2020-01-01
2020-12-31
0000751364
nnn:MidlandGA1Member
nnn:OperatingLeaseMember
nnn:MavisTireSupplyKauffmanTireMember
2020-12-31
0000751364
nnn:MidlandGA1Member
nnn:OperatingLeaseMember
nnn:MavisTireSupplyKauffmanTireMember
2020-01-01
2020-12-31
0000751364
nnn:MavisTireSupplyMavisDiscountTireMember
nnn:N.PlainfieldNJ1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MavisTireSupplyMavisDiscountTireMember
nnn:N.PlainfieldNJ1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MavisTireSupplyMavisDiscountTireMember
nnn:RaritanNJ1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MavisTireSupplyMavisDiscountTireMember
nnn:RaritanNJ1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MavisTireSupplyMavisDiscountTireMember
nnn:OperatingLeaseMember
nnn:CoramNY1Member
2020-12-31
0000751364
nnn:MavisTireSupplyMavisDiscountTireMember
nnn:OperatingLeaseMember
nnn:CoramNY1Member
2020-01-01
2020-12-31
0000751364
nnn:MavisTireSupplyMavisDiscountTireMember
nnn:ClearwaterFL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MavisTireSupplyMavisDiscountTireMember
nnn:ClearwaterFL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MavisTireSupplyMavisDiscountTireMember
nnn:DunedinFL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MavisTireSupplyMavisDiscountTireMember
nnn:DunedinFL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MavisTireSupplyMavisDiscountTireMember
nnn:BufordGAMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MavisTireSupplyMavisDiscountTireMember
nnn:BufordGAMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MavisTireSupplyMavisDiscountTireMember
nnn:RinconGA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MavisTireSupplyMavisDiscountTireMember
nnn:RinconGA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MavisTireSupplyMavisDiscountTireMember
nnn:DallasGA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MavisTireSupplyMavisDiscountTireMember
nnn:DallasGA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MavisTireSupplyMavisDiscountTireMember
nnn:ConcordNC1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MavisTireSupplyMavisDiscountTireMember
nnn:ConcordNC1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MavisTireSupplyMavisDiscountTireMember
nnn:BatesburgSC1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MavisTireSupplyMavisDiscountTireMember
nnn:BatesburgSC1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MavisTireSupplyMavisDiscountTireMember
nnn:YuleeFL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MavisTireSupplyMavisDiscountTireMember
nnn:YuleeFL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MavisTireSupplyMavisDiscountTireMember
nnn:WalkertownNC1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MavisTireSupplyMavisDiscountTireMember
nnn:WalkertownNC1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MavisTireSupplyMavisDiscountTireMember
nnn:HickoryNC1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MavisTireSupplyMavisDiscountTireMember
nnn:HickoryNC1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MavisTireSupplyMavisDiscountTireMember
nnn:OperatingLeaseMember
nnn:OldsmarFL1Member
2020-12-31
0000751364
nnn:MavisTireSupplyMavisDiscountTireMember
nnn:OperatingLeaseMember
nnn:OldsmarFL1Member
2020-01-01
2020-12-31
0000751364
nnn:MavisTireSupplyMavisDiscountTireMember
nnn:SpringHillFL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MavisTireSupplyMavisDiscountTireMember
nnn:SpringHillFL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MavisTireSupplyMavisDiscountTireMember
nnn:OperatingLeaseMember
nnn:WestHempsteadNY1Member
2020-12-31
0000751364
nnn:MavisTireSupplyMavisDiscountTireMember
nnn:OperatingLeaseMember
nnn:WestHempsteadNY1Member
2020-01-01
2020-12-31
0000751364
nnn:MavisTireSupplySunTireMember
nnn:JacksonvilleFL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MavisTireSupplySunTireMember
nnn:JacksonvilleFL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MavisTireSupplySunTireMember
nnn:OperatingLeaseMember
nnn:JacksonvilleFL2Member
2020-12-31
0000751364
nnn:MavisTireSupplySunTireMember
nnn:OperatingLeaseMember
nnn:JacksonvilleFL2Member
2020-01-01
2020-12-31
0000751364
nnn:MavisTireSupplySunTireMember
nnn:JacksonvilleFL3Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MavisTireSupplySunTireMember
nnn:JacksonvilleFL3Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MavisTireSupplySunTireMember
nnn:OperatingLeaseMember
nnn:JacksonvilleFL4Member
2020-12-31
0000751364
nnn:MavisTireSupplySunTireMember
nnn:OperatingLeaseMember
nnn:JacksonvilleFL4Member
2020-01-01
2020-12-31
0000751364
nnn:MavisTireSupplySunTireMember
nnn:JacksonvilleFL5Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MavisTireSupplySunTireMember
nnn:JacksonvilleFL5Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MavisTireSupplySunTireMember
nnn:JacksonvilleFL6Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MavisTireSupplySunTireMember
nnn:JacksonvilleFL6Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MavisTireSupplySunTireMember
nnn:MiddleburgFL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MavisTireSupplySunTireMember
nnn:MiddleburgFL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MavisTireSupplySunTireMember
nnn:OperatingLeaseMember
nnn:OrangeParkFL1Member
2020-12-31
0000751364
nnn:MavisTireSupplySunTireMember
nnn:OperatingLeaseMember
nnn:OrangeParkFL1Member
2020-01-01
2020-12-31
0000751364
nnn:MavisTireSupplySunTireMember
nnn:OperatingLeaseMember
nnn:OrangeParkFL2Member
2020-12-31
0000751364
nnn:MavisTireSupplySunTireMember
nnn:OperatingLeaseMember
nnn:OrangeParkFL2Member
2020-01-01
2020-12-31
0000751364
nnn:MavisTireSupplySunTireMember
nnn:OperatingLeaseMember
nnn:TallahasseeFL1Member
2020-12-31
0000751364
nnn:MavisTireSupplySunTireMember
nnn:OperatingLeaseMember
nnn:TallahasseeFL1Member
2020-01-01
2020-12-31
0000751364
nnn:MavisTireSupplySunTireMember
nnn:TallahasseeFL2Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MavisTireSupplySunTireMember
nnn:TallahasseeFL2Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:FairmontWV1Member
nnn:MedExpressUrgentCareMember
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:FairmontWV1Member
nnn:MedExpressUrgentCareMember
2020-01-01
2020-12-31
0000751364
nnn:HanoverPA1Member
nnn:OperatingLeaseMember
nnn:MedExpressUrgentCareMember
2020-12-31
0000751364
nnn:HanoverPA1Member
nnn:OperatingLeaseMember
nnn:MedExpressUrgentCareMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:HermitagePA1Member
nnn:MedExpressUrgentCareMember
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:HermitagePA1Member
nnn:MedExpressUrgentCareMember
2020-01-01
2020-12-31
0000751364
nnn:LatrobePA1Member
nnn:OperatingLeaseMember
nnn:MedExpressUrgentCareMember
2020-12-31
0000751364
nnn:LatrobePA1Member
nnn:OperatingLeaseMember
nnn:MedExpressUrgentCareMember
2020-01-01
2020-12-31
0000751364
nnn:Mt.PleasantPA1Member
nnn:OperatingLeaseMember
nnn:MedExpressUrgentCareMember
2020-12-31
0000751364
nnn:Mt.PleasantPA1Member
nnn:OperatingLeaseMember
nnn:MedExpressUrgentCareMember
2020-01-01
2020-12-31
0000751364
nnn:PittsburghPA1Member
nnn:OperatingLeaseMember
nnn:MedExpressUrgentCareMember
2020-12-31
0000751364
nnn:PittsburghPA1Member
nnn:OperatingLeaseMember
nnn:MedExpressUrgentCareMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:MedExpressUrgentCareMember
nnn:MartinsburgWV1Member
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:MedExpressUrgentCareMember
nnn:MartinsburgWV1Member
2020-01-01
2020-12-31
0000751364
nnn:WheelingWV1Member
nnn:OperatingLeaseMember
nnn:MedExpressUrgentCareMember
2020-12-31
0000751364
nnn:WheelingWV1Member
nnn:OperatingLeaseMember
nnn:MedExpressUrgentCareMember
2020-01-01
2020-12-31
0000751364
nnn:HuntingtonWV1Member
nnn:OperatingLeaseMember
nnn:MedExpressUrgentCareMember
2020-12-31
0000751364
nnn:HuntingtonWV1Member
nnn:OperatingLeaseMember
nnn:MedExpressUrgentCareMember
2020-01-01
2020-12-31
0000751364
nnn:AndersonIN1Member
nnn:OperatingLeaseMember
nnn:MedExpressUrgentCareMember
2020-12-31
0000751364
nnn:AndersonIN1Member
nnn:OperatingLeaseMember
nnn:MedExpressUrgentCareMember
2020-01-01
2020-12-31
0000751364
nnn:TerreHauteIN1Member
nnn:OperatingLeaseMember
nnn:MedExpressUrgentCareMember
2020-12-31
0000751364
nnn:TerreHauteIN1Member
nnn:OperatingLeaseMember
nnn:MedExpressUrgentCareMember
2020-01-01
2020-12-31
0000751364
nnn:BentonAR1Member
nnn:OperatingLeaseMember
nnn:MedExpressUrgentCareMember
2020-12-31
0000751364
nnn:BentonAR1Member
nnn:OperatingLeaseMember
nnn:MedExpressUrgentCareMember
2020-01-01
2020-12-31
0000751364
nnn:ConnellsvillePA1Member
nnn:OperatingLeaseMember
nnn:MedExpressUrgentCareMember
2020-12-31
0000751364
nnn:ConnellsvillePA1Member
nnn:OperatingLeaseMember
nnn:MedExpressUrgentCareMember
2020-01-01
2020-12-31
0000751364
nnn:RogersAR1Member
nnn:OperatingLeaseMember
nnn:MedExpressUrgentCareMember
2020-12-31
0000751364
nnn:RogersAR1Member
nnn:OperatingLeaseMember
nnn:MedExpressUrgentCareMember
2020-01-01
2020-12-31
0000751364
nnn:RussellvilleAR1Member
nnn:OperatingLeaseMember
nnn:MedExpressUrgentCareMember
2020-12-31
0000751364
nnn:RussellvilleAR1Member
nnn:OperatingLeaseMember
nnn:MedExpressUrgentCareMember
2020-01-01
2020-12-31
0000751364
nnn:HotSpringsAR1Member
nnn:OperatingLeaseMember
nnn:MedExpressUrgentCareMember
2020-12-31
0000751364
nnn:HotSpringsAR1Member
nnn:OperatingLeaseMember
nnn:MedExpressUrgentCareMember
2020-01-01
2020-12-31
0000751364
nnn:SalinaKS1Member
nnn:OperatingLeaseMember
nnn:MedExpressUrgentCareMember
2020-12-31
0000751364
nnn:SalinaKS1Member
nnn:OperatingLeaseMember
nnn:MedExpressUrgentCareMember
2020-01-01
2020-12-31
0000751364
nnn:LehighAcresFL1Member
nnn:OperatingLeaseMember
nnn:MedExpressUrgentCareMember
2020-12-31
0000751364
nnn:LehighAcresFL1Member
nnn:OperatingLeaseMember
nnn:MedExpressUrgentCareMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:NorthLittleRockAR1Member
nnn:MedExpressUrgentCareMember
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:NorthLittleRockAR1Member
nnn:MedExpressUrgentCareMember
2020-01-01
2020-12-31
0000751364
nnn:LittleRockAR1Member
nnn:OperatingLeaseMember
nnn:MedExpressUrgentCareMember
2020-12-31
0000751364
nnn:LittleRockAR1Member
nnn:OperatingLeaseMember
nnn:MedExpressUrgentCareMember
2020-01-01
2020-12-31
0000751364
nnn:SwanseaIL1Member
nnn:OperatingLeaseMember
nnn:MedExpressUrgentCareMember
2020-12-31
0000751364
nnn:SwanseaIL1Member
nnn:OperatingLeaseMember
nnn:MedExpressUrgentCareMember
2020-01-01
2020-12-31
0000751364
nnn:DerbyKS1Member
nnn:OperatingLeaseMember
nnn:MedExpressUrgentCareMember
2020-12-31
0000751364
nnn:AltonIL1Member
nnn:OperatingLeaseMember
nnn:MedExpressUrgentCareMember
2020-12-31
0000751364
nnn:AltonIL1Member
nnn:OperatingLeaseMember
nnn:MedExpressUrgentCareMember
2020-01-01
2020-12-31
0000751364
nnn:PineBluffAR1Member
nnn:OperatingLeaseMember
nnn:MedExpressUrgentCareMember
2020-12-31
0000751364
nnn:CollinsvilleIL1Member
nnn:OperatingLeaseMember
nnn:MedExpressUrgentCareMember
2020-12-31
0000751364
nnn:WichitaKS1Member
nnn:OperatingLeaseMember
nnn:MedExpressUrgentCareMember
2020-12-31
0000751364
nnn:WichitaKS2Member
nnn:OperatingLeaseMember
nnn:MedExpressUrgentCareMember
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:QuakertownPA1Member
nnn:MedExpressUrgentCareMember
2020-12-31
0000751364
nnn:FortMeyersFL1Member
nnn:OperatingLeaseMember
nnn:MedExpressUrgentCareMember
2020-12-31
0000751364
nnn:GrandRapidsMI1Member
nnn:OperatingLeaseMember
nnn:MedExpressUrgentCareMember
2020-12-31
0000751364
nnn:NaplesFL1Member
nnn:OperatingLeaseMember
nnn:MedExpressUrgentCareMember
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:MedExpressUrgentCareMember
nnn:DuluthMN1Member
2020-12-31
0000751364
nnn:HadleyMA1Member
nnn:OperatingLeaseMember
nnn:MedExpressUrgentCareMember
2020-12-31
0000751364
nnn:RichmondVA1Member
nnn:OperatingLeaseMember
nnn:MedExpressUrgentCareMember
2020-12-31
0000751364
nnn:BemidjiMN1Member
nnn:OperatingLeaseMember
nnn:MedExpressUrgentCareMember
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:HagerstownMD1Member
nnn:MedExpressUrgentCareMember
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:RochesterMN1Member
nnn:MedExpressUrgentCareMember
2020-12-31
0000751364
nnn:JenisonMI1Member
nnn:OperatingLeaseMember
nnn:MedExpressUrgentCareMember
2020-12-31
0000751364
nnn:FairfaxVA1Member
nnn:MichaelsMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FairfaxVA1Member
nnn:MichaelsMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MichaelsMember
nnn:AltamonteSpringsFL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MichaelsMember
nnn:AltamonteSpringsFL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:PlymouthMeetingPA1Member
nnn:MichaelsMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:PlymouthMeetingPA1Member
nnn:MichaelsMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FlorissantMO1Member
nnn:MichaelsMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FlorissantMO1Member
nnn:MichaelsMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MillersAleHouseMember
nnn:OperatingLeaseMember
nnn:FranklinTN1Member
2020-12-31
0000751364
nnn:MillersAleHouseMember
nnn:OperatingLeaseMember
nnn:FranklinTN1Member
2020-01-01
2020-12-31
0000751364
nnn:PensacolaFL1Member
nnn:MillersAleHouseMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:PensacolaFL1Member
nnn:MillersAleHouseMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:OviedoFL1Member
nnn:MillersAleHouseMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:OviedoFL1Member
nnn:MillersAleHouseMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:NorridgeIL1Member
nnn:MillersAleHouseMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:AnokaMN1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:AnokaMN1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:BrooklynParkMN1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:BrooklynParkMN1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:OperatingLeaseMember
nnn:CedarRapidsIA1Member
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:OperatingLeaseMember
nnn:CedarRapidsIA1Member
2020-01-01
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:CliveIA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:CliveIA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:CottageGroveMN1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:CottageGroveMN1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:DesMoinesIA1Member
nnn:MisterCarWashMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:DesMoinesIA1Member
nnn:MisterCarWashMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:OperatingLeaseMember
nnn:DesMoinesIA2Member
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:OperatingLeaseMember
nnn:DesMoinesIA2Member
2020-01-01
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:OperatingLeaseMember
nnn:EdenPrairieMN1Member
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:OperatingLeaseMember
nnn:EdenPrairieMN1Member
2020-01-01
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:EdinaMN1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:EdinaMN1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:HoustonTX1Member
nnn:MisterCarWashMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:HoustonTX1Member
nnn:MisterCarWashMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:OperatingLeaseMember
nnn:HoustonTX2Member
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:OperatingLeaseMember
nnn:HoustonTX2Member
2020-01-01
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:HoustonTX3Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:HoustonTX3Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:OperatingLeaseMember
nnn:HoustonTX4Member
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:OperatingLeaseMember
nnn:HoustonTX4Member
2020-01-01
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:HoustonTX5Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:HoustonTX5Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:HoustonTX6Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:HoustonTX6Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:HoustonTX7Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:HoustonTX7Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:HoustonTX8Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:HoustonTX8Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:HumbleTX1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:HumbleTX1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:OperatingLeaseMember
nnn:PlymouthMI1Member
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:OperatingLeaseMember
nnn:PlymouthMI1Member
2020-01-01
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:OperatingLeaseMember
nnn:RosevilleMN1Member
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:OperatingLeaseMember
nnn:RosevilleMN1Member
2020-01-01
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:OperatingLeaseMember
nnn:SpokaneWA1Member
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:OperatingLeaseMember
nnn:SpokaneWA1Member
2020-01-01
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:SpokaneWA2Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:SpokaneWA2Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:St.CloudMN1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:St.CloudMN1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:SugarlandTX1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:SugarlandTX1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:WestStPaulMN1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:WestStPaulMN1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:OperatingLeaseMember
nnn:RochesterMN1Member
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:OperatingLeaseMember
nnn:RochesterMN1Member
2020-01-01
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:BirminghamAL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:BirminghamAL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:ClearwaterFL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:ClearwaterFL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:OperatingLeaseMember
nnn:MesquiteTX1Member
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:OperatingLeaseMember
nnn:MesquiteTX1Member
2020-01-01
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:SeminoleFL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:SeminoleFL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:TampaFL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:TampaFL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:VestaviaHillsAL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:VestaviaHillsAL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:OperatingLeaseMember
nnn:ElPasoTX1Member
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:OperatingLeaseMember
nnn:ElPasoTX1Member
2020-01-01
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:ElPasoTX2Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:ElPasoTX2Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:ElPasoTX3Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:ElPasoTX3Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:OperatingLeaseMember
nnn:ElPasoTX4Member
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:OperatingLeaseMember
nnn:ElPasoTX4Member
2020-01-01
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:ElPasoTX5Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:ElPasoTX5Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:TampaFL2Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:TampaFL2Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:SpringfieldMO1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:SpringfieldMO1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:OperatingLeaseMember
nnn:SpringfieldMO2Member
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:OperatingLeaseMember
nnn:SpringfieldMO2Member
2020-01-01
2020-12-31
0000751364
nnn:SpringfieldMO3Member
nnn:MisterCarWashMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SpringfieldMO3Member
nnn:MisterCarWashMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:MissouriCityTX1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:MissouriCityTX1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:BountifulUT1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:BountifulUT1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:SaltLakeCityUT1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:SaltLakeCityUT1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:OperatingLeaseMember
nnn:TucsonAZ1Member
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:OperatingLeaseMember
nnn:TucsonAZ1Member
2020-01-01
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:TucsonAZ2Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:TucsonAZ2Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:TucsonAZ3Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:TucsonAZ3Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:CedarParkTX1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:CedarParkTX1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:SpokaneValleyWA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:SpokaneValleyWA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:SaltLakeCityUT2Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:SaltLakeCityUT2Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:CollegeParkGA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:CollegeParkGA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:GriffinGA1Member
nnn:MisterCarWashMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:GriffinGA1Member
nnn:MisterCarWashMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:HamptonGA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:HamptonGA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:LilburnGA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:LilburnGA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:OxfordAL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:OxfordAL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:OperatingLeaseMember
nnn:ClermontFL1Member
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:OperatingLeaseMember
nnn:ClermontFL1Member
2020-01-01
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:OperatingLeaseMember
nnn:SpringfieldMO4Member
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:OperatingLeaseMember
nnn:SpringfieldMO4Member
2020-01-01
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:AbileneTX1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:AbileneTX1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:OperatingLeaseMember
nnn:AbileneTX2Member
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:OperatingLeaseMember
nnn:AbileneTX2Member
2020-01-01
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:LubbockTX1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:LubbockTX1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:LubbockTX2Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:LubbockTX2Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:OperatingLeaseMember
nnn:LubbockTX3Member
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:OperatingLeaseMember
nnn:LubbockTX3Member
2020-01-01
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:EphrataPA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:EphrataPA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:LancasterPA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:LancasterPA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SinkingSpringPA1Member
nnn:MisterCarWashMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SinkingSpringPA1Member
nnn:MisterCarWashMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:YorkPA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:YorkPA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:OperatingLeaseMember
nnn:AtlantaGA1Member
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:OperatingLeaseMember
nnn:AtlantaGA1Member
2020-01-01
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:AtlantaGA2Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:AtlantaGA2Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:UrbandaleIA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:UrbandaleIA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:HoustonTX9Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:HoustonTX9Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:HoustonTX10Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:HoustonTX10Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:HoustonTX11Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:HoustonTX11Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:HoustonTX12Member
nnn:MisterCarWashMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:HoustonTX12Member
nnn:MisterCarWashMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:HoustonTX13Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:HoustonTX13Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:HumbleTX2Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:HumbleTX2Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:OperatingLeaseMember
nnn:KatyTX1Member
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:OperatingLeaseMember
nnn:KatyTX1Member
2020-01-01
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:SpringTX1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:SpringTX1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:TucsonAZ4Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:TucsonAZ4Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:OperatingLeaseMember
nnn:RochesterMN2Member
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:OperatingLeaseMember
nnn:RochesterMN2Member
2020-01-01
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:TucsonAZ5Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:TucsonAZ5Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:BrooklynParkMN2Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:BrooklynParkMN2Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:LakeMaryFL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:LakeMaryFL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MelbourneFL1Member
nnn:MisterCarWashMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MelbourneFL1Member
nnn:MisterCarWashMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:SanfordFL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:SanfordFL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:TampaFL3Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:TampaFL3Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:ClermontFL2Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:ClermontFL2Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:OperatingLeaseMember
nnn:LakelandFL1Member
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:OperatingLeaseMember
nnn:LakelandFL1Member
2020-01-01
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:ComstockParkMI1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:ComstockParkMI1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:GrandRapidsMI1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:GrandRapidsMI1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:GrandRapidsMI2Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:GrandRapidsMI2Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:GrandRapidsMI3Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:GrandRapidsMI3Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:GrandRapidsMI4Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:GrandRapidsMI4Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:WyomingMI1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:WyomingMI1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:ColumbiaHeightsMN1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:ColumbiaHeightsMN1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:MadisonTN1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:MadisonTN1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:OperatingLeaseMember
nnn:ColoradoSpringsCO1Member
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:OperatingLeaseMember
nnn:ColoradoSpringsCO1Member
2020-01-01
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:OperatingLeaseMember
nnn:AtwaterCA1Member
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:OperatingLeaseMember
nnn:AtwaterCA1Member
2020-01-01
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:CeresCA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:CeresCA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:OperatingLeaseMember
nnn:LosBanosCA1Member
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:OperatingLeaseMember
nnn:LosBanosCA1Member
2020-01-01
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:MantecaCA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:MantecaCA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:OperatingLeaseMember
nnn:MercedCA1Member
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:OperatingLeaseMember
nnn:MercedCA1Member
2020-01-01
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:OperatingLeaseMember
nnn:ModestoCA1Member
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:OperatingLeaseMember
nnn:ModestoCA1Member
2020-01-01
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:ModestoCA2Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:ModestoCA2Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:PattersonCA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:PattersonCA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:TracyCA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:TracyCA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:DeltonaFL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:DeltonaFL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:TitusvilleFL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:TitusvilleFL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MercedCA2Member
nnn:MisterCarWashMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MercedCA2Member
nnn:MisterCarWashMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:DelanoCA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:DelanoCA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:OperatingLeaseMember
nnn:DinubaCA1Member
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:OperatingLeaseMember
nnn:DinubaCA1Member
2020-01-01
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:HanfordCA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:HanfordCA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:HanfordCA2Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:HanfordCA2Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:OperatingLeaseMember
nnn:PortervilleCA1Member
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:OperatingLeaseMember
nnn:PortervilleCA1Member
2020-01-01
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:PortervilleCA2Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:PortervilleCA2Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:TulareCA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MisterCarWashMember
nnn:TulareCA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MotorTrendMember
nnn:OrlandoFL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MotorTrendMember
nnn:OrlandoFL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:CovingtonLA1Member
nnn:MovieTavernTheatreMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:CovingtonLA1Member
nnn:MovieTavernTheatreMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MovieTavernTheatreMember
nnn:BatonRougeLA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MovieTavernTheatreMember
nnn:BatonRougeLA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MovieTavernTheatreMember
nnn:OperatingLeaseMember
nnn:AllentownPA1Member
2020-12-31
0000751364
nnn:MovieTavernTheatreMember
nnn:OperatingLeaseMember
nnn:AllentownPA1Member
2020-01-01
2020-12-31
0000751364
nnn:SalemOR1Member
nnn:MuchasGraciasMexicanRestaurantMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SalemOR1Member
nnn:MuchasGraciasMexicanRestaurantMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ArlingtonTX1Member
nnn:OperatingLeaseMember
nnn:MurphyOilMember
2020-12-31
0000751364
nnn:FortWorthTX1Member
nnn:OperatingLeaseMember
nnn:MurphyOilMember
2020-12-31
0000751364
nnn:NaturalGrocersMember
nnn:CoeurDAleneID1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:NaturalGrocersMember
nnn:CoeurDAleneID1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:NaturalGrocersMember
nnn:FlagstaffAZ1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:NaturalGrocersMember
nnn:FlagstaffAZ1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:HelenaMT1Member
nnn:NaturalGrocersMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:HelenaMT1Member
nnn:NaturalGrocersMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:NaturalGrocersMember
nnn:MissoulaMT1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:NaturalGrocersMember
nnn:MissoulaMT1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SedonaAZ1Member
nnn:NaturalGrocersMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SedonaAZ1Member
nnn:NaturalGrocersMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SteamboatSpringsCO1Member
nnn:NaturalGrocersMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SteamboatSpringsCO1Member
nnn:NaturalGrocersMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:IndependenceMO1Member
nnn:NaturalGrocersMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:IndependenceMO1Member
nnn:NaturalGrocersMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:NaturalGrocersMember
nnn:OperatingLeaseMember
nnn:OklahomaCityOK1Member
2020-12-31
0000751364
nnn:NaturalGrocersMember
nnn:OperatingLeaseMember
nnn:OklahomaCityOK1Member
2020-01-01
2020-12-31
0000751364
nnn:NaturalGrocersMember
nnn:VancouverWA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:NaturalGrocersMember
nnn:VancouverWA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SouthJordanUT1Member
nnn:NaturalGrocersMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SouthJordanUT1Member
nnn:NaturalGrocersMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ParkCityKS1Member
nnn:OperatingLeaseMember
nnn:NebraskalandTireMember
2020-12-31
0000751364
nnn:ParkCityKS1Member
nnn:OperatingLeaseMember
nnn:NebraskalandTireMember
2020-01-01
2020-12-31
0000751364
nnn:HollywoodFL1Member
nnn:NitlantikaMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:HollywoodFL1Member
nnn:NitlantikaMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:NorthernToolMember
nnn:BeaumontTX1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:NorthernToolMember
nnn:BeaumontTX1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:NorthernToolMember
nnn:OperatingLeaseMember
nnn:AshevilleNC1Member
2020-12-31
0000751364
nnn:NorthernToolMember
nnn:OperatingLeaseMember
nnn:AshevilleNC1Member
2020-01-01
2020-12-31
0000751364
nnn:NorthernToolMember
nnn:SpartanburgSC1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:NorthernToolMember
nnn:SpartanburgSC1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:HamptonVA1Member
nnn:OperatingLeaseMember
nnn:NTBTireandServiceCentersMember
2020-12-31
0000751364
nnn:HamptonVA1Member
nnn:OperatingLeaseMember
nnn:NTBTireandServiceCentersMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:NewportNewsVA1Member
nnn:NTBTireandServiceCentersMember
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:NewportNewsVA1Member
nnn:NTBTireandServiceCentersMember
2020-01-01
2020-12-31
0000751364
nnn:NorfolkVA1Member
nnn:OperatingLeaseMember
nnn:NTBTireandServiceCentersMember
2020-12-31
0000751364
nnn:NorfolkVA1Member
nnn:OperatingLeaseMember
nnn:NTBTireandServiceCentersMember
2020-01-01
2020-12-31
0000751364
nnn:RockvilleMD1Member
nnn:OperatingLeaseMember
nnn:NTBTireandServiceCentersMember
2020-12-31
0000751364
nnn:RockvilleMD1Member
nnn:OperatingLeaseMember
nnn:NTBTireandServiceCentersMember
2020-01-01
2020-12-31
0000751364
nnn:WashingtonDC1Member
nnn:OperatingLeaseMember
nnn:NTBTireandServiceCentersMember
2020-12-31
0000751364
nnn:WashingtonDC1Member
nnn:OperatingLeaseMember
nnn:NTBTireandServiceCentersMember
2020-01-01
2020-12-31
0000751364
nnn:GastoniaNC1Member
nnn:OperatingLeaseMember
nnn:OfficeDepotMember
2020-12-31
0000751364
nnn:GastoniaNC1Member
nnn:OperatingLeaseMember
nnn:OfficeDepotMember
2020-01-01
2020-12-31
0000751364
nnn:CincinnatiOH1Member
nnn:OperatingLeaseMember
nnn:OfficeMaxMember
2020-12-31
0000751364
nnn:CincinnatiOH1Member
nnn:OperatingLeaseMember
nnn:OfficeMaxMember
2020-01-01
2020-12-31
0000751364
nnn:SalinasCA1Member
nnn:OperatingLeaseMember
nnn:OfficeMaxMember
2020-12-31
0000751364
nnn:SalinasCA1Member
nnn:OperatingLeaseMember
nnn:OfficeMaxMember
2020-01-01
2020-12-31
0000751364
nnn:GriffinGA1Member
nnn:OperatingLeaseMember
nnn:OfficeMaxMember
2020-12-31
0000751364
nnn:GriffinGA1Member
nnn:OperatingLeaseMember
nnn:OfficeMaxMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:WeatherfordTX1Member
nnn:OfficeMaxMember
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:WeatherfordTX1Member
nnn:OfficeMaxMember
2020-01-01
2020-12-31
0000751364
nnn:SarasotaFL1Member
nnn:OperatingLeaseMember
nnn:OlliesBargainOutletMember
2020-12-31
0000751364
nnn:SarasotaFL1Member
nnn:OperatingLeaseMember
nnn:OlliesBargainOutletMember
2020-01-01
2020-12-31
0000751364
nnn:BaltimoreMD1Member
nnn:OperatingLeaseMember
nnn:OlliesBargainOutletMember
2020-12-31
0000751364
nnn:BaltimoreMD1Member
nnn:OperatingLeaseMember
nnn:OlliesBargainOutletMember
2020-01-01
2020-12-31
0000751364
nnn:CuyahogaFallsOH1Member
nnn:OperatingLeaseMember
nnn:OlliesBargainOutletMember
2020-12-31
0000751364
nnn:CuyahogaFallsOH1Member
nnn:OperatingLeaseMember
nnn:OlliesBargainOutletMember
2020-01-01
2020-12-31
0000751364
nnn:DublinOH1Member
nnn:OperatingLeaseMember
nnn:OlliesBargainOutletMember
2020-12-31
0000751364
nnn:DublinOH1Member
nnn:OperatingLeaseMember
nnn:OlliesBargainOutletMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:HooverAL1Member
nnn:OlliesBargainOutletMember
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:HooverAL1Member
nnn:OlliesBargainOutletMember
2020-01-01
2020-12-31
0000751364
nnn:LafayetteLA1Member
nnn:OperatingLeaseMember
nnn:OlliesBargainOutletMember
2020-12-31
0000751364
nnn:LafayetteLA1Member
nnn:OperatingLeaseMember
nnn:OlliesBargainOutletMember
2020-01-01
2020-12-31
0000751364
nnn:LewisvilleTX1Member
nnn:OperatingLeaseMember
nnn:OlliesBargainOutletMember
2020-12-31
0000751364
nnn:LewisvilleTX1Member
nnn:OperatingLeaseMember
nnn:OlliesBargainOutletMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:MediaPA1Member
nnn:OlliesBargainOutletMember
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:MediaPA1Member
nnn:OlliesBargainOutletMember
2020-01-01
2020-12-31
0000751364
nnn:MemphisTN1Member
nnn:OperatingLeaseMember
nnn:OlliesBargainOutletMember
2020-12-31
0000751364
nnn:MemphisTN1Member
nnn:OperatingLeaseMember
nnn:OlliesBargainOutletMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:MerrillvilleIN1Member
nnn:OlliesBargainOutletMember
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:MerrillvilleIN1Member
nnn:OlliesBargainOutletMember
2020-01-01
2020-12-31
0000751364
nnn:PennsdalePA1Member
nnn:OperatingLeaseMember
nnn:OlliesBargainOutletMember
2020-12-31
0000751364
nnn:PennsdalePA1Member
nnn:OperatingLeaseMember
nnn:OlliesBargainOutletMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:SterlingVA1Member
nnn:OlliesBargainOutletMember
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:SterlingVA1Member
nnn:OlliesBargainOutletMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:WinchesterVA1Member
nnn:OlliesBargainOutletMember
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:WinchesterVA1Member
nnn:OlliesBargainOutletMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:RoanokeVA1Member
nnn:OlliesBargainOutletMember
2020-12-31
0000751364
nnn:PismoBeachCA1Member
nnn:OrchardSupplyHardwareMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:PismoBeachCA1Member
nnn:OrchardSupplyHardwareMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SanJoseCA1Member
nnn:OrchardSupplyHardwareMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SanJoseCA1Member
nnn:OrchardSupplyHardwareMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:OrchardSupplyHardwareMember
nnn:OperatingLeaseMember
nnn:SanJoseCA2Member
2020-12-31
0000751364
nnn:OrchardSupplyHardwareMember
nnn:OperatingLeaseMember
nnn:SanJoseCA2Member
2020-01-01
2020-12-31
0000751364
nnn:ChicoCA1Member
nnn:OrchardSupplyHardwareMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ChicoCA1Member
nnn:OrchardSupplyHardwareMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:OrchardSupplyHardwareMember
nnn:ClovisCA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:OrchardSupplyHardwareMember
nnn:ClovisCA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:PinoleCA1Member
nnn:OrchardSupplyHardwareMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:PinoleCA1Member
nnn:OrchardSupplyHardwareMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SanJoseCA3Member
nnn:OrchardSupplyHardwareMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SanJoseCA3Member
nnn:OrchardSupplyHardwareMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FortCollinsCO1Member
nnn:OperatingLeaseMember
nnn:OreganosPizzaBistroMember
2020-12-31
0000751364
nnn:FortCollinsCO1Member
nnn:OperatingLeaseMember
nnn:OreganosPizzaBistroMember
2020-01-01
2020-12-31
0000751364
nnn:CheyenneWY1Member
nnn:OperatingLeaseMember
nnn:OutbackMember
2020-12-31
0000751364
nnn:CheyenneWY1Member
nnn:OperatingLeaseMember
nnn:OutbackMember
2020-01-01
2020-12-31
0000751364
nnn:ConroeTX1Member
nnn:OperatingLeaseMember
nnn:OutbackMember
2020-12-31
0000751364
nnn:ConroeTX1Member
nnn:OperatingLeaseMember
nnn:OutbackMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:CopleyTownshipOH1Member
nnn:OutbackMember
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:CopleyTownshipOH1Member
nnn:OutbackMember
2020-01-01
2020-12-31
0000751364
nnn:CoraopolisPA1Member
nnn:OperatingLeaseMember
nnn:OutbackMember
2020-12-31
0000751364
nnn:CoraopolisPA1Member
nnn:OperatingLeaseMember
nnn:OutbackMember
2020-01-01
2020-12-31
0000751364
nnn:DenverCO1Member
nnn:OperatingLeaseMember
nnn:OutbackMember
2020-12-31
0000751364
nnn:DenverCO1Member
nnn:OperatingLeaseMember
nnn:OutbackMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:KnoxvilleTN1Member
nnn:OutbackMember
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:KnoxvilleTN1Member
nnn:OutbackMember
2020-01-01
2020-12-31
0000751364
nnn:LargoMD1Member
nnn:OperatingLeaseMember
nnn:OutbackMember
2020-12-31
0000751364
nnn:LargoMD1Member
nnn:OperatingLeaseMember
nnn:OutbackMember
2020-01-01
2020-12-31
0000751364
nnn:LufkinTX1Member
nnn:OperatingLeaseMember
nnn:OutbackMember
2020-12-31
0000751364
nnn:LufkinTX1Member
nnn:OperatingLeaseMember
nnn:OutbackMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:MechanicsvilleVA1Member
nnn:OutbackMember
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:MechanicsvilleVA1Member
nnn:OutbackMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:OutbackMember
nnn:Mt.PleasantSC1Member
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:OutbackMember
nnn:Mt.PleasantSC1Member
2020-01-01
2020-12-31
0000751364
nnn:PhoenixAZ1Member
nnn:OperatingLeaseMember
nnn:OutbackMember
2020-12-31
0000751364
nnn:PhoenixAZ1Member
nnn:OperatingLeaseMember
nnn:OutbackMember
2020-01-01
2020-12-31
0000751364
nnn:ShreveportLA1Member
nnn:OperatingLeaseMember
nnn:OutbackMember
2020-12-31
0000751364
nnn:ShreveportLA1Member
nnn:OperatingLeaseMember
nnn:OutbackMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:SmithfieldNC1Member
nnn:OutbackMember
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:SmithfieldNC1Member
nnn:OutbackMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:StockbridgeGA1Member
nnn:OutbackMember
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:StockbridgeGA1Member
nnn:OutbackMember
2020-01-01
2020-12-31
0000751364
nnn:TroyOH1Member
nnn:OperatingLeaseMember
nnn:OutbackMember
2020-12-31
0000751364
nnn:TroyOH1Member
nnn:OperatingLeaseMember
nnn:OutbackMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:VeniceFL1Member
nnn:OutbackMember
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:VeniceFL1Member
nnn:OutbackMember
2020-01-01
2020-12-31
0000751364
nnn:WarrentonVA1Member
nnn:OperatingLeaseMember
nnn:OutbackMember
2020-12-31
0000751364
nnn:WarrentonVA1Member
nnn:OperatingLeaseMember
nnn:OutbackMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:OutbackMember
nnn:WheatonIL1Member
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:OutbackMember
nnn:WheatonIL1Member
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:FultondaleAL1Member
nnn:OutbackMember
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:FultondaleAL1Member
nnn:OutbackMember
2020-01-01
2020-12-31
0000751364
nnn:FlorissantMO1Member
nnn:PandaExpressMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FlorissantMO1Member
nnn:PandaExpressMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:RichmondVA1Member
nnn:PatientFirstMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:RichmondVA1Member
nnn:PatientFirstMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:PatientFirstMember
nnn:YorkPA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:PatientFirstMember
nnn:YorkPA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:PatientFirstMember
nnn:OperatingLeaseMember
nnn:MechanicsburgPA1Member
2020-12-31
0000751364
nnn:PatientFirstMember
nnn:OperatingLeaseMember
nnn:MechanicsburgPA1Member
2020-01-01
2020-12-31
0000751364
nnn:PatientFirstMember
nnn:ChesapeakeVA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:PatientFirstMember
nnn:ChesapeakeVA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:PatientFirstMember
nnn:VirginiaBeachVA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:PatientFirstMember
nnn:VirginiaBeachVA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:VinitaOK1Member
nnn:OperatingLeaseMember
nnn:PatriotFuelsMember
2020-12-31
0000751364
nnn:VinitaOK1Member
nnn:OperatingLeaseMember
nnn:PatriotFuelsMember
2020-01-01
2020-12-31
0000751364
nnn:FridleyMN1Member
nnn:OperatingLeaseMember
nnn:PawnAmericaMember
2020-12-31
0000751364
nnn:FridleyMN1Member
nnn:OperatingLeaseMember
nnn:PawnAmericaMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:PawnAmericaMember
nnn:MankatoMN1Member
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:PawnAmericaMember
nnn:MankatoMN1Member
2020-01-01
2020-12-31
0000751364
nnn:PDQMember
nnn:AltamonteSpringsFL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:PepBoysMember
nnn:ChicagoIL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:PepBoysMember
nnn:ChicagoIL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:PepBoysMember
nnn:CiceroIL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:PepBoysMember
nnn:CiceroIL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:CornwellHeightsPA1Member
nnn:PepBoysMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:CornwellHeightsPA1Member
nnn:PepBoysMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:PepBoysMember
nnn:OperatingLeaseMember
nnn:EastBrunswickNJ1Member
2020-12-31
0000751364
nnn:PepBoysMember
nnn:OperatingLeaseMember
nnn:EastBrunswickNJ1Member
2020-01-01
2020-12-31
0000751364
nnn:PepBoysMember
nnn:GuayamaPR1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:PepBoysMember
nnn:GuayamaPR1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:JacksonvilleFL1Member
nnn:PepBoysMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:JacksonvilleFL1Member
nnn:PepBoysMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:JolietIL1Member
nnn:PepBoysMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:JolietIL1Member
nnn:PepBoysMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:LansingIL1Member
nnn:PepBoysMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:LansingIL1Member
nnn:PepBoysMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:PepBoysMember
nnn:MariettaGA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:PepBoysMember
nnn:MariettaGA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MarltonNJ1Member
nnn:PepBoysMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MarltonNJ1Member
nnn:PepBoysMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:PhiladelphiaPA1Member
nnn:PepBoysMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:PhiladelphiaPA1Member
nnn:PepBoysMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:PepBoysMember
nnn:OperatingLeaseMember
nnn:QuakertownPA1Member
2020-12-31
0000751364
nnn:PepBoysMember
nnn:OperatingLeaseMember
nnn:QuakertownPA1Member
2020-01-01
2020-12-31
0000751364
nnn:ReadingPA1Member
nnn:PepBoysMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ReadingPA1Member
nnn:PepBoysMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:RoswellGA1Member
nnn:PepBoysMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:RoswellGA1Member
nnn:PepBoysMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:PepBoysMember
nnn:OperatingLeaseMember
nnn:TurnersvilleNJ1Member
2020-12-31
0000751364
nnn:PepBoysMember
nnn:OperatingLeaseMember
nnn:TurnersvilleNJ1Member
2020-01-01
2020-12-31
0000751364
nnn:HoustonTX1Member
nnn:PepBoysMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:HoustonTX1Member
nnn:PepBoysMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:DesMoinesIA1Member
nnn:PerkinsRestaurantMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:DesMoinesIA1Member
nnn:PerkinsRestaurantMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:PerkinsRestaurantMember
nnn:OperatingLeaseMember
nnn:DesMoinesIA2Member
2020-12-31
0000751364
nnn:PerkinsRestaurantMember
nnn:OperatingLeaseMember
nnn:DesMoinesIA2Member
2020-01-01
2020-12-31
0000751364
nnn:PerkinsRestaurantMember
nnn:OperatingLeaseMember
nnn:DesMoinesIA3Member
2020-12-31
0000751364
nnn:PerkinsRestaurantMember
nnn:OperatingLeaseMember
nnn:DesMoinesIA3Member
2020-01-01
2020-12-31
0000751364
nnn:PerkinsRestaurantMember
nnn:OperatingLeaseMember
nnn:NewtonIA1Member
2020-12-31
0000751364
nnn:PerkinsRestaurantMember
nnn:OperatingLeaseMember
nnn:NewtonIA1Member
2020-01-01
2020-12-31
0000751364
nnn:UrbandaleIA1Member
nnn:PerkinsRestaurantMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:UrbandaleIA1Member
nnn:PerkinsRestaurantMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:HoustonTX1Member
nnn:PetParadiseMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:HoustonTX1Member
nnn:PetParadiseMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:PetParadiseMember
nnn:BunnellFL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:PetParadiseMember
nnn:BunnellFL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:PetParadiseMember
nnn:CharlotteNC1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:PetParadiseMember
nnn:CharlotteNC1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:PetParadiseMember
nnn:DavieFL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:PetParadiseMember
nnn:DavieFL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:PetParadiseMember
nnn:WesleyChapelFL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:PetParadiseMember
nnn:WesleyChapelFL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:PetcoMember
nnn:GrandForksND1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:PetcoMember
nnn:GrandForksND1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:PetcoMember
nnn:FlorissantMO1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:PetcoMember
nnn:FlorissantMO1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:PetroExpressMember
nnn:BelmontNC1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:PetroExpressMember
nnn:BelmontNC1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:CharlotteNC1Member
nnn:PetroExpressMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:CharlotteNC1Member
nnn:PetroExpressMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:PetroExpressMember
nnn:CharlotteNC2Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:PetroExpressMember
nnn:CharlotteNC2Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:CharlotteNC3Member
nnn:PetroExpressMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:CharlotteNC3Member
nnn:PetroExpressMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:CharlotteNC4Member
nnn:PetroExpressMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:CharlotteNC4Member
nnn:PetroExpressMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:PetroExpressMember
nnn:CharlotteNC5Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:PetroExpressMember
nnn:CharlotteNC5Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:PetroExpressMember
nnn:CharlotteNC6Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:PetroExpressMember
nnn:CharlotteNC6Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:PetroExpressMember
nnn:OperatingLeaseMember
nnn:CharlotteNC7Member
2020-12-31
0000751364
nnn:PetroExpressMember
nnn:OperatingLeaseMember
nnn:CharlotteNC7Member
2020-01-01
2020-12-31
0000751364
nnn:CharlotteNC8Member
nnn:PetroExpressMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:CharlotteNC8Member
nnn:PetroExpressMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:CharlotteNC9Member
nnn:PetroExpressMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:CharlotteNC9Member
nnn:PetroExpressMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:PetroExpressMember
nnn:OperatingLeaseMember
nnn:CharlotteNC10Member
2020-12-31
0000751364
nnn:PetroExpressMember
nnn:OperatingLeaseMember
nnn:CharlotteNC10Member
2020-01-01
2020-12-31
0000751364
nnn:CharlotteNC11Member
nnn:PetroExpressMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:CharlotteNC11Member
nnn:PetroExpressMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:PetroExpressMember
nnn:CharlotteNC12Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:PetroExpressMember
nnn:CharlotteNC12Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:PetroExpressMember
nnn:OperatingLeaseMember
nnn:CharlotteNC13Member
2020-12-31
0000751364
nnn:PetroExpressMember
nnn:OperatingLeaseMember
nnn:CharlotteNC13Member
2020-01-01
2020-12-31
0000751364
nnn:PetroExpressMember
nnn:CharlotteNC14Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:PetroExpressMember
nnn:CharlotteNC14Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ConcordNC1Member
nnn:PetroExpressMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ConcordNC1Member
nnn:PetroExpressMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ConcordNC2Member
nnn:PetroExpressMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ConcordNC2Member
nnn:PetroExpressMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:DenverNC1Member
nnn:PetroExpressMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:DenverNC1Member
nnn:PetroExpressMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FortMillSC1Member
nnn:PetroExpressMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FortMillSC1Member
nnn:PetroExpressMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:GastoniaNC1Member
nnn:PetroExpressMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:GastoniaNC1Member
nnn:PetroExpressMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:PetroExpressMember
nnn:GastoniaNC2Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:PetroExpressMember
nnn:GastoniaNC2Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:PetroExpressMember
nnn:GastoniaNC3Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:PetroExpressMember
nnn:GastoniaNC3Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:GastoniaNC4Member
nnn:PetroExpressMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:GastoniaNC4Member
nnn:PetroExpressMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:PetroExpressMember
nnn:HickoryNC1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:PetroExpressMember
nnn:HickoryNC1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:KingsMountainNC1Member
nnn:PetroExpressMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:KingsMountainNC1Member
nnn:PetroExpressMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:PetroExpressMember
nnn:OperatingLeaseMember
nnn:LakeWylieSC1Member
2020-12-31
0000751364
nnn:PetroExpressMember
nnn:OperatingLeaseMember
nnn:LakeWylieSC1Member
2020-01-01
2020-12-31
0000751364
nnn:PetroExpressMember
nnn:OperatingLeaseMember
nnn:LakeWylieSC2Member
2020-12-31
0000751364
nnn:PetroExpressMember
nnn:OperatingLeaseMember
nnn:LakeWylieSC2Member
2020-01-01
2020-12-31
0000751364
nnn:PetroExpressMember
nnn:LincolntonNC1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:PetroExpressMember
nnn:LincolntonNC1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:PetroExpressMember
nnn:OperatingLeaseMember
nnn:MineralSpringsNC1Member
2020-12-31
0000751364
nnn:PetroExpressMember
nnn:OperatingLeaseMember
nnn:MineralSpringsNC1Member
2020-01-01
2020-12-31
0000751364
nnn:MonroeNC1Member
nnn:PetroExpressMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MonroeNC1Member
nnn:PetroExpressMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:PetroExpressMember
nnn:OperatingLeaseMember
nnn:MonroeNC2Member
2020-12-31
0000751364
nnn:PetroExpressMember
nnn:OperatingLeaseMember
nnn:MonroeNC2Member
2020-01-01
2020-12-31
0000751364
nnn:PetroExpressMember
nnn:OperatingLeaseMember
nnn:MonroeNC3Member
2020-12-31
0000751364
nnn:PetroExpressMember
nnn:OperatingLeaseMember
nnn:MonroeNC3Member
2020-01-01
2020-12-31
0000751364
nnn:RockHillSC1Member
nnn:PetroExpressMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:RockHillSC1Member
nnn:PetroExpressMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:PetroExpressMember
nnn:OperatingLeaseMember
nnn:RockHillSC2Member
2020-12-31
0000751364
nnn:PetroExpressMember
nnn:OperatingLeaseMember
nnn:RockHillSC2Member
2020-01-01
2020-12-31
0000751364
nnn:PetroExpressMember
nnn:RockHillSC3Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:PetroExpressMember
nnn:RockHillSC3Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:StatesvilleNC1Member
nnn:PetroExpressMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:StatesvilleNC1Member
nnn:PetroExpressMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:WaxhawNC1Member
nnn:PetroExpressMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:WaxhawNC1Member
nnn:PetroExpressMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:PetroExpressMember
nnn:YorkSC1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:PetroExpressMember
nnn:YorkSC1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:PetroExpressMember
nnn:OperatingLeaseMember
nnn:CharlotteNC15Member
2020-12-31
0000751364
nnn:PetroExpressMember
nnn:OperatingLeaseMember
nnn:CharlotteNC15Member
2020-01-01
2020-12-31
0000751364
nnn:PetroExpressMember
nnn:CharlotteNC16Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:PetroExpressMember
nnn:CharlotteNC16Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:RockHillSC4Member
nnn:PetroExpressMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:RockHillSC4Member
nnn:PetroExpressMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:KingsvilleTX1Member
nnn:PetSenseMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:KingsvilleTX1Member
nnn:PetSenseMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ChicagoIL1Member
nnn:OperatingLeaseMember
nnn:PetSmartMember
2020-12-31
0000751364
nnn:ChicagoIL1Member
nnn:OperatingLeaseMember
nnn:PetSmartMember
2020-01-01
2020-12-31
0000751364
nnn:RockHillSC1Member
nnn:OperatingLeaseMember
nnn:PetSmartMember
2020-12-31
0000751364
nnn:RockHillSC1Member
nnn:OperatingLeaseMember
nnn:PetSmartMember
2020-01-01
2020-12-31
0000751364
nnn:ChesapeakeVA1Member
nnn:PetSuitesMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ChesapeakeVA1Member
nnn:PetSuitesMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:WinterSpringsFL1Member
nnn:PetSuitesMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:WinterSpringsFL1Member
nnn:PetSuitesMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SuwaneeGA1Member
nnn:PetSuitesMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SuwaneeGA1Member
nnn:PetSuitesMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:LouisvilleKY1Member
nnn:PetSuitesMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:LouisvilleKY1Member
nnn:PetSuitesMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:PizzaHutMember
nnn:OperatingLeaseMember
nnn:MonroevilleAL1Member
2020-12-31
0000751364
nnn:PizzaHutMember
nnn:OperatingLeaseMember
nnn:MonroevilleAL1Member
2020-01-01
2020-12-31
0000751364
nnn:BowieTX1Member
nnn:PizzaHutMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:BowieTX1Member
nnn:PizzaHutMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:PolloTropicalMember
nnn:HialeahFL1Member
2020-12-31
0000751364
nnn:SnellvilleGA1Member
nnn:PopeyesMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SnellvilleGA1Member
nnn:PopeyesMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:RandallstownMD1Member
nnn:PopeyesMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:RandallstownMD1Member
nnn:PopeyesMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MidlandMI1Member
nnn:PowerCenterMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MidlandMI1Member
nnn:PowerCenterMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:PowerCenterMember
nnn:OperatingLeaseMember
nnn:BigFlatsNY1Member
2020-12-31
0000751364
nnn:PowerCenterMember
nnn:OperatingLeaseMember
nnn:BigFlatsNY1Member
2020-01-01
2020-12-31
0000751364
nnn:PremiumSpasBilliardsMember
nnn:FairfaxVA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:PremiumSpasBilliardsMember
nnn:FairfaxVA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:PublixSuperMarketsMember
nnn:TampaFL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AugustaGA1Member
nnn:PullAPartMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AugustaGA1Member
nnn:PullAPartMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:BirminghamAL1Member
nnn:PullAPartMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:BirminghamAL1Member
nnn:PullAPartMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:CharlotteNC1Member
nnn:PullAPartMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:CharlotteNC1Member
nnn:PullAPartMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ConleyGA1Member
nnn:PullAPartMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ConleyGA1Member
nnn:PullAPartMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:HarveyLA1Member
nnn:PullAPartMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:HarveyLA1Member
nnn:PullAPartMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:PullAPartMember
nnn:OperatingLeaseMember
nnn:KnoxvilleTN1Member
2020-12-31
0000751364
nnn:PullAPartMember
nnn:OperatingLeaseMember
nnn:KnoxvilleTN1Member
2020-01-01
2020-12-31
0000751364
nnn:LouisvilleKY1Member
nnn:PullAPartMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:LouisvilleKY1Member
nnn:PullAPartMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:NashvilleTN1Member
nnn:PullAPartMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:NashvilleTN1Member
nnn:PullAPartMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:NorcrossGA1Member
nnn:PullAPartMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:NorcrossGA1Member
nnn:PullAPartMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ClevelandOH1Member
nnn:PullAPartMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ClevelandOH1Member
nnn:PullAPartMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:LafayetteLA1Member
nnn:PullAPartMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:LafayetteLA1Member
nnn:PullAPartMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MontgomeryAL1Member
nnn:PullAPartMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MontgomeryAL1Member
nnn:PullAPartMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:JacksonMS1Member
nnn:PullAPartMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:JacksonMS1Member
nnn:PullAPartMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:BatonRougeLA1Member
nnn:PullAPartMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:BatonRougeLA1Member
nnn:PullAPartMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MemphisTN1Member
nnn:PullAPartMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MemphisTN1Member
nnn:PullAPartMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MobileAL1Member
nnn:PullAPartMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MobileAL1Member
nnn:PullAPartMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:PullAPartMember
nnn:OperatingLeaseMember
nnn:WinstonSalemNC1Member
2020-12-31
0000751364
nnn:PullAPartMember
nnn:OperatingLeaseMember
nnn:WinstonSalemNC1Member
2020-01-01
2020-12-31
0000751364
nnn:LithoniaGA1Member
nnn:PullAPartMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:LithoniaGA1Member
nnn:PullAPartMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:PullAPartMember
nnn:OperatingLeaseMember
nnn:ColumbiaSC1Member
2020-12-31
0000751364
nnn:PullAPartMember
nnn:OperatingLeaseMember
nnn:ColumbiaSC1Member
2020-01-01
2020-12-31
0000751364
nnn:AkronOH1Member
nnn:PullAPartMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AkronOH1Member
nnn:PullAPartMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:QuakerSteakLubeMember
nnn:MentorOH1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:QuakerSteakLubeMember
nnn:MentorOH1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:QuickQuackCarWashMember
nnn:ColoradoSpringsCO1Member
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:QuickQuackCarWashMember
nnn:ColoradoSpringsCO1Member
2020-01-01
2020-12-31
0000751364
nnn:QuikTripMember
nnn:CliveIA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:QuikTripMember
nnn:CliveIA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:QuikTripMember
nnn:OperatingLeaseMember
nnn:JohnstonIA1Member
2020-12-31
0000751364
nnn:QuikTripMember
nnn:OperatingLeaseMember
nnn:JohnstonIA1Member
2020-01-01
2020-12-31
0000751364
nnn:FountainInnSC1Member
nnn:QuikTripMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FountainInnSC1Member
nnn:QuikTripMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:QuikTripMember
nnn:CharlotteNC1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:QuikTripMember
nnn:CharlotteNC1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:QuikTripMember
nnn:MariettaGA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:QuikTripMember
nnn:MariettaGA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:QuikTripMember
nnn:AlpharettaGA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:QuikTripMember
nnn:AlpharettaGA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:RoswellGA1Member
nnn:QuikTripMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:RoswellGA1Member
nnn:QuikTripMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:QuikTripMember
nnn:ArvadaCO1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:QuikTripMember
nnn:ArvadaCO1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:QuikTripMember
nnn:ConcordNC1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:QuikTripMember
nnn:ConcordNC1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:QwestCorporationServiceCenterMember
nnn:OperatingLeaseMember
nnn:CedarRapidsIA1Member
2020-12-31
0000751364
nnn:QwestCorporationServiceCenterMember
nnn:OperatingLeaseMember
nnn:CedarRapidsIA1Member
2020-01-01
2020-12-31
0000751364
nnn:ChicoCA1Member
nnn:RabobankMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:LancasterOH1Member
nnn:RaisingCanesMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:LancasterOH1Member
nnn:RaisingCanesMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:CincinnatiOH1Member
nnn:RaisingCanesMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:CincinnatiOH1Member
nnn:RaisingCanesMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:RaisingCanesMember
nnn:OperatingLeaseMember
nnn:SulphurLA1Member
2020-12-31
0000751364
nnn:RaisingCanesMember
nnn:OperatingLeaseMember
nnn:SulphurLA1Member
2020-01-01
2020-12-31
0000751364
nnn:HurstTX1Member
nnn:RaisingCanesMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:HurstTX1Member
nnn:RaisingCanesMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:RaisingCanesMember
nnn:FortWorthTX1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:RaisingCanesMember
nnn:FortWorthTX1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:RaisingCanesMember
nnn:OperatingLeaseMember
nnn:PlanoTX1Member
2020-12-31
0000751364
nnn:RaisingCanesMember
nnn:OperatingLeaseMember
nnn:PlanoTX1Member
2020-01-01
2020-12-31
0000751364
nnn:RaisingCanesMember
nnn:PearlandTX1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:RaisingCanesMember
nnn:PearlandTX1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:RaisingCanesMember
nnn:AddisonTX1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:RaisingCanesMember
nnn:AddisonTX1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:HoustonTX1Member
nnn:RaisingCanesMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:HoustonTX1Member
nnn:RaisingCanesMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:EulessTX1Member
nnn:RaisingCanesMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:EulessTX1Member
nnn:RaisingCanesMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:RaisingCanesMember
nnn:OperatingLeaseMember
nnn:MooreOK1Member
2020-12-31
0000751364
nnn:RaisingCanesMember
nnn:OperatingLeaseMember
nnn:MooreOK1Member
2020-01-01
2020-12-31
0000751364
nnn:RowlettTX1Member
nnn:RaisingCanesMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:RowlettTX1Member
nnn:RaisingCanesMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:RaisingCanesMember
nnn:KellerTX1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:RaisingCanesMember
nnn:KellerTX1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:OmahaNE1Member
nnn:RaisingCanesMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:OmahaNE1Member
nnn:RaisingCanesMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:RaisingCanesMember
nnn:McKinneyTX1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:RaisingCanesMember
nnn:McKinneyTX1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:RaisingCanesMember
nnn:TulsaOK1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:RaisingCanesMember
nnn:TulsaOK1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:RaisingCanesMember
nnn:BrokenArrowOK1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:RaisingCanesMember
nnn:BrokenArrowOK1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:RaisingCanesMember
nnn:OperatingLeaseMember
nnn:OklahomaCityOK1Member
2020-12-31
0000751364
nnn:RaisingCanesMember
nnn:OperatingLeaseMember
nnn:OklahomaCityOK1Member
2020-01-01
2020-12-31
0000751364
nnn:RaisingCanesMember
nnn:OklahomaCityOK2Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:RaisingCanesMember
nnn:OklahomaCityOK2Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:OwassoOK1Member
nnn:RaisingCanesMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:OwassoOK1Member
nnn:RaisingCanesMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:RaisingCanesMember
nnn:OperatingLeaseMember
nnn:LongviewTX1Member
2020-12-31
0000751364
nnn:RaisingCanesMember
nnn:OperatingLeaseMember
nnn:LongviewTX1Member
2020-01-01
2020-12-31
0000751364
nnn:RaisingCanesMember
nnn:GeorgetownTX1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:RaisingCanesMember
nnn:GeorgetownTX1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:CentennialCO1Member
nnn:RaisingCanesMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:CentennialCO1Member
nnn:RaisingCanesMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:RallysMember
nnn:ToledoOH1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:RallysMember
nnn:ToledoOH1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AltamonteSpringsFL1Member
nnn:OperatingLeaseMember
nnn:RBCBankMember
2020-12-31
0000751364
nnn:AltamonteSpringsFL1Member
nnn:OperatingLeaseMember
nnn:RBCBankMember
2020-01-01
2020-12-31
0000751364
nnn:RegalTheatreMember
nnn:OperatingLeaseMember
nnn:BolingbrookIL1Member
2020-12-31
0000751364
nnn:RegalTheatreMember
nnn:OperatingLeaseMember
nnn:BolingbrookIL1Member
2020-01-01
2020-12-31
0000751364
nnn:NorfolkVA1Member
nnn:RiteAidMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:NorfolkVA1Member
nnn:RiteAidMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ThorndalePA1Member
nnn:RiteAidMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ThorndalePA1Member
nnn:RiteAidMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:WestMifflinPA1Member
nnn:RiteAidMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:WestMifflinPA1Member
nnn:RiteAidMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ClintonTwpMI1Member
nnn:RiteAidMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ClintonTwpMI1Member
nnn:RiteAidMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:DowagiacMI1Member
nnn:RiteAidMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:DowagiacMI1Member
nnn:RiteAidMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:DallasTX1Member
nnn:RiteCarePharmacyMember
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:DallasTX1Member
nnn:RiteCarePharmacyMember
2020-01-01
2020-12-31
0000751364
nnn:AndersonSC1Member
nnn:OperatingLeaseMember
nnn:RNRWheelsRNRTireExpressMember
2020-12-31
0000751364
nnn:AndersonSC1Member
nnn:OperatingLeaseMember
nnn:RNRWheelsRNRTireExpressMember
2020-01-01
2020-12-31
0000751364
nnn:RoadRangerMember
nnn:SpringfieldIL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:RoadRangerMember
nnn:SpringfieldIL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:RoadRangerMember
nnn:BelvidereIL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:RoadRangerMember
nnn:BelvidereIL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:RoadRangerMember
nnn:BrazilIN1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:RoadRangerMember
nnn:BrazilIN1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:RoadRangerMember
nnn:CherryValleyIL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:RoadRangerMember
nnn:CherryValleyIL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:RoadRangerMember
nnn:OperatingLeaseMember
nnn:CottageGroveWI1Member
2020-12-31
0000751364
nnn:RoadRangerMember
nnn:OperatingLeaseMember
nnn:CottageGroveWI1Member
2020-01-01
2020-12-31
0000751364
nnn:RoadRangerMember
nnn:OperatingLeaseMember
nnn:DecaturIL1Member
2020-12-31
0000751364
nnn:RoadRangerMember
nnn:OperatingLeaseMember
nnn:DecaturIL1Member
2020-01-01
2020-12-31
0000751364
nnn:DekalbIL1Member
nnn:RoadRangerMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:DekalbIL1Member
nnn:RoadRangerMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ElkRunHeightsIA1Member
nnn:RoadRangerMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ElkRunHeightsIA1Member
nnn:RoadRangerMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:RoadRangerMember
nnn:LakeStationIN1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:RoadRangerMember
nnn:LakeStationIN1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:RoadRangerMember
nnn:MendotaIL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:RoadRangerMember
nnn:MendotaIL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:OakdaleWI1Member
nnn:RoadRangerMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:OakdaleWI1Member
nnn:RoadRangerMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:RoadRangerMember
nnn:RockfordIL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:RoadRangerMember
nnn:RockfordIL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:RoadRangerMember
nnn:RockfordIL2Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:RoadRangerMember
nnn:RockfordIL2Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:RoadRangerMember
nnn:OperatingLeaseMember
nnn:SpringfieldIL2Member
2020-12-31
0000751364
nnn:RoadRangerMember
nnn:OperatingLeaseMember
nnn:SpringfieldIL2Member
2020-01-01
2020-12-31
0000751364
nnn:RoadRangerMember
nnn:OperatingLeaseMember
nnn:ChampaignIL1Member
2020-12-31
0000751364
nnn:RoadRangerMember
nnn:OperatingLeaseMember
nnn:ChampaignIL1Member
2020-01-01
2020-12-31
0000751364
nnn:DeKalbIL2Member
nnn:RoadRangerMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:DeKalbIL2Member
nnn:RoadRangerMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:RoadRangerMember
nnn:OperatingLeaseMember
nnn:FentonMO1Member
2020-12-31
0000751364
nnn:RoadRangerMember
nnn:OperatingLeaseMember
nnn:FentonMO1Member
2020-01-01
2020-12-31
0000751364
nnn:RoadRangerMember
nnn:OperatingLeaseMember
nnn:HampshireIL1Member
2020-12-31
0000751364
nnn:RoadRangerMember
nnn:OperatingLeaseMember
nnn:HampshireIL1Member
2020-01-01
2020-12-31
0000751364
nnn:PrincetonIL1Member
nnn:RoadRangerMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:PrincetonIL1Member
nnn:RoadRangerMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SouthBeloitIL1Member
nnn:RoadRangerMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SouthBeloitIL1Member
nnn:RoadRangerMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:RoadRangerMember
nnn:OperatingLeaseMember
nnn:CedarRapidsIA1Member
2020-12-31
0000751364
nnn:RoadRangerMember
nnn:OperatingLeaseMember
nnn:CedarRapidsIA1Member
2020-01-01
2020-12-31
0000751364
nnn:RoadRangerMember
nnn:MarionIA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:RoadRangerMember
nnn:MarionIA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:OkawvilleIL1Member
nnn:RoadRangerMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:OkawvilleIL1Member
nnn:RoadRangerMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:DubuqueIA1Member
nnn:RoadRangerMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:DubuqueIA1Member
nnn:RoadRangerMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:RoadRangerMember
nnn:BelvidereIL2Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:RoadRangerMember
nnn:BelvidereIL2Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:RoadRangerMember
nnn:SouthBeloitIL2Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:RoadRangerMember
nnn:SouthBeloitIL2Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:RoadRangerMember
nnn:ChicagoIL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:RoadRangerMember
nnn:ChicagoIL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:RoadRangerMember
nnn:BensenvilleIL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:RoadRangerMember
nnn:BensenvilleIL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:RoadRangerMember
nnn:OperatingLeaseMember
nnn:LovesParkIL1Member
2020-12-31
0000751364
nnn:RoadRangerMember
nnn:OperatingLeaseMember
nnn:LovesParkIL1Member
2020-01-01
2020-12-31
0000751364
nnn:AbingdonVA1Member
nnn:OperatingLeaseMember
nnn:RoadrunnerMarketsMember
2020-12-31
0000751364
nnn:AbingdonVA1Member
nnn:OperatingLeaseMember
nnn:RoadrunnerMarketsMember
2020-01-01
2020-12-31
0000751364
nnn:AbingdonVA2Member
nnn:OperatingLeaseMember
nnn:RoadrunnerMarketsMember
2020-12-31
0000751364
nnn:AbingdonVA2Member
nnn:OperatingLeaseMember
nnn:RoadrunnerMarketsMember
2020-01-01
2020-12-31
0000751364
nnn:AbingdonVA3Member
nnn:OperatingLeaseMember
nnn:RoadrunnerMarketsMember
2020-12-31
0000751364
nnn:AbingdonVA3Member
nnn:OperatingLeaseMember
nnn:RoadrunnerMarketsMember
2020-01-01
2020-12-31
0000751364
nnn:AbingdonVA4Member
nnn:OperatingLeaseMember
nnn:RoadrunnerMarketsMember
2020-12-31
0000751364
nnn:AbingdonVA4Member
nnn:OperatingLeaseMember
nnn:RoadrunnerMarketsMember
2020-01-01
2020-12-31
0000751364
nnn:AbingdonVA5Member
nnn:OperatingLeaseMember
nnn:RoadrunnerMarketsMember
2020-12-31
0000751364
nnn:AbingdonVA5Member
nnn:OperatingLeaseMember
nnn:RoadrunnerMarketsMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:AshevilleNC1Member
nnn:RoadrunnerMarketsMember
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:AshevilleNC1Member
nnn:RoadrunnerMarketsMember
2020-01-01
2020-12-31
0000751364
nnn:AshevilleNC2Member
nnn:OperatingLeaseMember
nnn:RoadrunnerMarketsMember
2020-12-31
0000751364
nnn:AshevilleNC2Member
nnn:OperatingLeaseMember
nnn:RoadrunnerMarketsMember
2020-01-01
2020-12-31
0000751364
nnn:AshevilleNC3Member
nnn:OperatingLeaseMember
nnn:RoadrunnerMarketsMember
2020-12-31
0000751364
nnn:AshevilleNC3Member
nnn:OperatingLeaseMember
nnn:RoadrunnerMarketsMember
2020-01-01
2020-12-31
0000751364
nnn:BlountvilleTN1Member
nnn:OperatingLeaseMember
nnn:RoadrunnerMarketsMember
2020-12-31
0000751364
nnn:BlountvilleTN1Member
nnn:OperatingLeaseMember
nnn:RoadrunnerMarketsMember
2020-01-01
2020-12-31
0000751364
nnn:BlountvilleTN2Member
nnn:OperatingLeaseMember
nnn:RoadrunnerMarketsMember
2020-12-31
0000751364
nnn:BlountvilleTN2Member
nnn:OperatingLeaseMember
nnn:RoadrunnerMarketsMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:BluffCityTN1Member
nnn:RoadrunnerMarketsMember
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:BluffCityTN1Member
nnn:RoadrunnerMarketsMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:BristolTN1Member
nnn:RoadrunnerMarketsMember
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:BristolTN1Member
nnn:RoadrunnerMarketsMember
2020-01-01
2020-12-31
0000751364
nnn:BristolTN2Member
nnn:OperatingLeaseMember
nnn:RoadrunnerMarketsMember
2020-12-31
0000751364
nnn:BristolTN2Member
nnn:OperatingLeaseMember
nnn:RoadrunnerMarketsMember
2020-01-01
2020-12-31
0000751364
nnn:BristolVA1Member
nnn:OperatingLeaseMember
nnn:RoadrunnerMarketsMember
2020-12-31
0000751364
nnn:BristolVA1Member
nnn:OperatingLeaseMember
nnn:RoadrunnerMarketsMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:BristolVA2Member
nnn:RoadrunnerMarketsMember
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:BristolVA2Member
nnn:RoadrunnerMarketsMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:BristolVA3Member
nnn:RoadrunnerMarketsMember
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:BristolVA3Member
nnn:RoadrunnerMarketsMember
2020-01-01
2020-12-31
0000751364
nnn:BristolVA4Member
nnn:OperatingLeaseMember
nnn:RoadrunnerMarketsMember
2020-12-31
0000751364
nnn:BristolVA4Member
nnn:OperatingLeaseMember
nnn:RoadrunnerMarketsMember
2020-01-01
2020-12-31
0000751364
nnn:BristolVA5Member
nnn:OperatingLeaseMember
nnn:RoadrunnerMarketsMember
2020-12-31
0000751364
nnn:BristolVA5Member
nnn:OperatingLeaseMember
nnn:RoadrunnerMarketsMember
2020-01-01
2020-12-31
0000751364
nnn:ChilhowieVA1Member
nnn:OperatingLeaseMember
nnn:RoadrunnerMarketsMember
2020-12-31
0000751364
nnn:ChilhowieVA1Member
nnn:OperatingLeaseMember
nnn:RoadrunnerMarketsMember
2020-01-01
2020-12-31
0000751364
nnn:ColumbusNC1Member
nnn:OperatingLeaseMember
nnn:RoadrunnerMarketsMember
2020-12-31
0000751364
nnn:ColumbusNC1Member
nnn:OperatingLeaseMember
nnn:RoadrunnerMarketsMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:ColumbusNC2Member
nnn:RoadrunnerMarketsMember
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:ColumbusNC2Member
nnn:RoadrunnerMarketsMember
2020-01-01
2020-12-31
0000751364
nnn:ElizabethtonTN1Member
nnn:OperatingLeaseMember
nnn:RoadrunnerMarketsMember
2020-12-31
0000751364
nnn:ElizabethtonTN1Member
nnn:OperatingLeaseMember
nnn:RoadrunnerMarketsMember
2020-01-01
2020-12-31
0000751364
nnn:ElizabethtonTN2Member
nnn:OperatingLeaseMember
nnn:RoadrunnerMarketsMember
2020-12-31
0000751364
nnn:ElizabethtonTN2Member
nnn:OperatingLeaseMember
nnn:RoadrunnerMarketsMember
2020-01-01
2020-12-31
0000751364
nnn:ErwinTN1Member
nnn:OperatingLeaseMember
nnn:RoadrunnerMarketsMember
2020-12-31
0000751364
nnn:ErwinTN1Member
nnn:OperatingLeaseMember
nnn:RoadrunnerMarketsMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:ErwinTN2Member
nnn:RoadrunnerMarketsMember
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:ErwinTN2Member
nnn:RoadrunnerMarketsMember
2020-01-01
2020-12-31
0000751364
nnn:GladeSpringVA1Member
nnn:OperatingLeaseMember
nnn:RoadrunnerMarketsMember
2020-12-31
0000751364
nnn:GladeSpringVA1Member
nnn:OperatingLeaseMember
nnn:RoadrunnerMarketsMember
2020-01-01
2020-12-31
0000751364
nnn:GrayTN1Member
nnn:OperatingLeaseMember
nnn:RoadrunnerMarketsMember
2020-12-31
0000751364
nnn:GrayTN1Member
nnn:OperatingLeaseMember
nnn:RoadrunnerMarketsMember
2020-01-01
2020-12-31
0000751364
nnn:GreenevilleTN1Member
nnn:OperatingLeaseMember
nnn:RoadrunnerMarketsMember
2020-12-31
0000751364
nnn:GreenevilleTN1Member
nnn:OperatingLeaseMember
nnn:RoadrunnerMarketsMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:HamptonTN1Member
nnn:RoadrunnerMarketsMember
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:HamptonTN1Member
nnn:RoadrunnerMarketsMember
2020-01-01
2020-12-31
0000751364
nnn:JohnsonCityTN1Member
nnn:OperatingLeaseMember
nnn:RoadrunnerMarketsMember
2020-12-31
0000751364
nnn:JohnsonCityTN1Member
nnn:OperatingLeaseMember
nnn:RoadrunnerMarketsMember
2020-01-01
2020-12-31
0000751364
nnn:JohnsonCityTN2Member
nnn:OperatingLeaseMember
nnn:RoadrunnerMarketsMember
2020-12-31
0000751364
nnn:JohnsonCityTN2Member
nnn:OperatingLeaseMember
nnn:RoadrunnerMarketsMember
2020-01-01
2020-12-31
0000751364
nnn:JohnsonCityTN3Member
nnn:OperatingLeaseMember
nnn:RoadrunnerMarketsMember
2020-12-31
0000751364
nnn:JohnsonCityTN3Member
nnn:OperatingLeaseMember
nnn:RoadrunnerMarketsMember
2020-01-01
2020-12-31
0000751364
nnn:JohnsonCityTN4Member
nnn:OperatingLeaseMember
nnn:RoadrunnerMarketsMember
2020-12-31
0000751364
nnn:JohnsonCityTN4Member
nnn:OperatingLeaseMember
nnn:RoadrunnerMarketsMember
2020-01-01
2020-12-31
0000751364
nnn:JohnsonCityTN5Member
nnn:OperatingLeaseMember
nnn:RoadrunnerMarketsMember
2020-12-31
0000751364
nnn:JohnsonCityTN5Member
nnn:OperatingLeaseMember
nnn:RoadrunnerMarketsMember
2020-01-01
2020-12-31
0000751364
nnn:JohnsonCityTN6Member
nnn:OperatingLeaseMember
nnn:RoadrunnerMarketsMember
2020-12-31
0000751364
nnn:JohnsonCityTN6Member
nnn:OperatingLeaseMember
nnn:RoadrunnerMarketsMember
2020-01-01
2020-12-31
0000751364
nnn:JohnsonCityTN7Member
nnn:OperatingLeaseMember
nnn:RoadrunnerMarketsMember
2020-12-31
0000751364
nnn:JohnsonCityTN7Member
nnn:OperatingLeaseMember
nnn:RoadrunnerMarketsMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:JohnsonCityTN8Member
nnn:RoadrunnerMarketsMember
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:JohnsonCityTN8Member
nnn:RoadrunnerMarketsMember
2020-01-01
2020-12-31
0000751364
nnn:JohnsonCityTN9Member
nnn:OperatingLeaseMember
nnn:RoadrunnerMarketsMember
2020-12-31
0000751364
nnn:JohnsonCityTN9Member
nnn:OperatingLeaseMember
nnn:RoadrunnerMarketsMember
2020-01-01
2020-12-31
0000751364
nnn:JohnsonCityTN10Member
nnn:OperatingLeaseMember
nnn:RoadrunnerMarketsMember
2020-12-31
0000751364
nnn:JohnsonCityTN10Member
nnn:OperatingLeaseMember
nnn:RoadrunnerMarketsMember
2020-01-01
2020-12-31
0000751364
nnn:JohnsonCityTN11Member
nnn:OperatingLeaseMember
nnn:RoadrunnerMarketsMember
2020-12-31
0000751364
nnn:JohnsonCityTN11Member
nnn:OperatingLeaseMember
nnn:RoadrunnerMarketsMember
2020-01-01
2020-12-31
0000751364
nnn:JonesboroughTN1Member
nnn:OperatingLeaseMember
nnn:RoadrunnerMarketsMember
2020-12-31
0000751364
nnn:JonesboroughTN1Member
nnn:OperatingLeaseMember
nnn:RoadrunnerMarketsMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:JonesboroughTN2Member
nnn:RoadrunnerMarketsMember
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:JonesboroughTN2Member
nnn:RoadrunnerMarketsMember
2020-01-01
2020-12-31
0000751364
nnn:JonesboroughTN3Member
nnn:OperatingLeaseMember
nnn:RoadrunnerMarketsMember
2020-12-31
0000751364
nnn:JonesboroughTN3Member
nnn:OperatingLeaseMember
nnn:RoadrunnerMarketsMember
2020-01-01
2020-12-31
0000751364
nnn:KingsportTN1Member
nnn:OperatingLeaseMember
nnn:RoadrunnerMarketsMember
2020-12-31
0000751364
nnn:KingsportTN1Member
nnn:OperatingLeaseMember
nnn:RoadrunnerMarketsMember
2020-01-01
2020-12-31
0000751364
nnn:KingsportTN2Member
nnn:OperatingLeaseMember
nnn:RoadrunnerMarketsMember
2020-12-31
0000751364
nnn:KingsportTN2Member
nnn:OperatingLeaseMember
nnn:RoadrunnerMarketsMember
2020-01-01
2020-12-31
0000751364
nnn:KingsportTN3Member
nnn:OperatingLeaseMember
nnn:RoadrunnerMarketsMember
2020-12-31
0000751364
nnn:KingsportTN3Member
nnn:OperatingLeaseMember
nnn:RoadrunnerMarketsMember
2020-01-01
2020-12-31
0000751364
nnn:KingsportTN4Member
nnn:OperatingLeaseMember
nnn:RoadrunnerMarketsMember
2020-12-31
0000751364
nnn:KingsportTN4Member
nnn:OperatingLeaseMember
nnn:RoadrunnerMarketsMember
2020-01-01
2020-12-31
0000751364
nnn:KingsportTN5Member
nnn:OperatingLeaseMember
nnn:RoadrunnerMarketsMember
2020-12-31
0000751364
nnn:KingsportTN5Member
nnn:OperatingLeaseMember
nnn:RoadrunnerMarketsMember
2020-01-01
2020-12-31
0000751364
nnn:KingsportTN6Member
nnn:OperatingLeaseMember
nnn:RoadrunnerMarketsMember
2020-12-31
0000751364
nnn:KingsportTN6Member
nnn:OperatingLeaseMember
nnn:RoadrunnerMarketsMember
2020-01-01
2020-12-31
0000751364
nnn:KingsportTN7Member
nnn:OperatingLeaseMember
nnn:RoadrunnerMarketsMember
2020-12-31
0000751364
nnn:KingsportTN7Member
nnn:OperatingLeaseMember
nnn:RoadrunnerMarketsMember
2020-01-01
2020-12-31
0000751364
nnn:KingsportTN8Member
nnn:OperatingLeaseMember
nnn:RoadrunnerMarketsMember
2020-12-31
0000751364
nnn:KingsportTN8Member
nnn:OperatingLeaseMember
nnn:RoadrunnerMarketsMember
2020-01-01
2020-12-31
0000751364
nnn:KingsportTN9Member
nnn:OperatingLeaseMember
nnn:RoadrunnerMarketsMember
2020-12-31
0000751364
nnn:KingsportTN9Member
nnn:OperatingLeaseMember
nnn:RoadrunnerMarketsMember
2020-01-01
2020-12-31
0000751364
nnn:KingsportTN10Member
nnn:OperatingLeaseMember
nnn:RoadrunnerMarketsMember
2020-12-31
0000751364
nnn:KingsportTN10Member
nnn:OperatingLeaseMember
nnn:RoadrunnerMarketsMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:KingsportTN11Member
nnn:RoadrunnerMarketsMember
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:KingsportTN11Member
nnn:RoadrunnerMarketsMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:KingsportTN12Member
nnn:RoadrunnerMarketsMember
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:KingsportTN12Member
nnn:RoadrunnerMarketsMember
2020-01-01
2020-12-31
0000751364
nnn:KingsportTN13Member
nnn:OperatingLeaseMember
nnn:RoadrunnerMarketsMember
2020-12-31
0000751364
nnn:KingsportTN13Member
nnn:OperatingLeaseMember
nnn:RoadrunnerMarketsMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:LandrumSC1Member
nnn:RoadrunnerMarketsMember
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:LandrumSC1Member
nnn:RoadrunnerMarketsMember
2020-01-01
2020-12-31
0000751364
nnn:LebanonVA1Member
nnn:OperatingLeaseMember
nnn:RoadrunnerMarketsMember
2020-12-31
0000751364
nnn:LebanonVA1Member
nnn:OperatingLeaseMember
nnn:RoadrunnerMarketsMember
2020-01-01
2020-12-31
0000751364
nnn:LebanonVA2Member
nnn:OperatingLeaseMember
nnn:RoadrunnerMarketsMember
2020-12-31
0000751364
nnn:LebanonVA2Member
nnn:OperatingLeaseMember
nnn:RoadrunnerMarketsMember
2020-01-01
2020-12-31
0000751364
nnn:MarionVA1Member
nnn:OperatingLeaseMember
nnn:RoadrunnerMarketsMember
2020-12-31
0000751364
nnn:MarionVA1Member
nnn:OperatingLeaseMember
nnn:RoadrunnerMarketsMember
2020-01-01
2020-12-31
0000751364
nnn:MorristownTN1Member
nnn:OperatingLeaseMember
nnn:RoadrunnerMarketsMember
2020-12-31
0000751364
nnn:MorristownTN1Member
nnn:OperatingLeaseMember
nnn:RoadrunnerMarketsMember
2020-01-01
2020-12-31
0000751364
nnn:MorristownTN2Member
nnn:OperatingLeaseMember
nnn:RoadrunnerMarketsMember
2020-12-31
0000751364
nnn:MorristownTN2Member
nnn:OperatingLeaseMember
nnn:RoadrunnerMarketsMember
2020-01-01
2020-12-31
0000751364
nnn:MorristownTN3Member
nnn:OperatingLeaseMember
nnn:RoadrunnerMarketsMember
2020-12-31
0000751364
nnn:MorristownTN3Member
nnn:OperatingLeaseMember
nnn:RoadrunnerMarketsMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:PineyFlatsTN1Member
nnn:RoadrunnerMarketsMember
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:PineyFlatsTN1Member
nnn:RoadrunnerMarketsMember
2020-01-01
2020-12-31
0000751364
nnn:RuralRetreatVA1Member
nnn:OperatingLeaseMember
nnn:RoadrunnerMarketsMember
2020-12-31
0000751364
nnn:RuralRetreatVA1Member
nnn:OperatingLeaseMember
nnn:RoadrunnerMarketsMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:WaynesvilleNC1Member
nnn:RoadrunnerMarketsMember
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:WaynesvilleNC1Member
nnn:RoadrunnerMarketsMember
2020-01-01
2020-12-31
0000751364
nnn:NewarkDE1Member
nnn:OperatingLeaseMember
nnn:RobbinsDiamondsMember
2020-12-31
0000751364
nnn:NewarkDE1Member
nnn:OperatingLeaseMember
nnn:RobbinsDiamondsMember
2020-01-01
2020-12-31
0000751364
nnn:RossDressforLessMember
nnn:OperatingLeaseMember
nnn:CoralGablesFL1Member
2020-12-31
0000751364
nnn:RossDressforLessMember
nnn:OperatingLeaseMember
nnn:CoralGablesFL1Member
2020-01-01
2020-12-31
0000751364
nnn:LodiCA1Member
nnn:RossDressforLessMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:LodiCA1Member
nnn:RossDressforLessMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AmericusGA1Member
nnn:RubyTuesdayMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AmericusGA1Member
nnn:RubyTuesdayMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AshlandKY1Member
nnn:RubyTuesdayMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AshlandKY1Member
nnn:RubyTuesdayMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:RubyTuesdayMember
nnn:AthensAL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:RubyTuesdayMember
nnn:AthensAL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:RubyTuesdayMember
nnn:OperatingLeaseMember
nnn:AustintownOH1Member
2020-12-31
0000751364
nnn:RubyTuesdayMember
nnn:OperatingLeaseMember
nnn:AustintownOH1Member
2020-01-01
2020-12-31
0000751364
nnn:RubyTuesdayMember
nnn:OperatingLeaseMember
nnn:BedfordVA1Member
2020-12-31
0000751364
nnn:RubyTuesdayMember
nnn:OperatingLeaseMember
nnn:BedfordVA1Member
2020-01-01
2020-12-31
0000751364
nnn:BigRapidsMI1Member
nnn:RubyTuesdayMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:BigRapidsMI1Member
nnn:RubyTuesdayMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:BransonMO1Member
nnn:RubyTuesdayMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:BransonMO1Member
nnn:RubyTuesdayMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ColumbiaMD1Member
nnn:RubyTuesdayMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ColumbiaMD1Member
nnn:RubyTuesdayMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ConcordNC1Member
nnn:RubyTuesdayMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ConcordNC1Member
nnn:RubyTuesdayMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:RubyTuesdayMember
nnn:OperatingLeaseMember
nnn:EdinburghIN1Member
2020-12-31
0000751364
nnn:RubyTuesdayMember
nnn:OperatingLeaseMember
nnn:EdinburghIN1Member
2020-01-01
2020-12-31
0000751364
nnn:RubyTuesdayMember
nnn:FarmvilleVA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:RubyTuesdayMember
nnn:FarmvilleVA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FayettevilleNC1Member
nnn:RubyTuesdayMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FayettevilleNC1Member
nnn:RubyTuesdayMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FlorenceSC1Member
nnn:RubyTuesdayMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FlorenceSC1Member
nnn:RubyTuesdayMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:RubyTuesdayMember
nnn:FuquayVarinaNC1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:RubyTuesdayMember
nnn:FuquayVarinaNC1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:RubyTuesdayMember
nnn:HopewellVA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:RubyTuesdayMember
nnn:HopewellVA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:RubyTuesdayMember
nnn:OperatingLeaseMember
nnn:IndianapolisIN1Member
2020-12-31
0000751364
nnn:RubyTuesdayMember
nnn:OperatingLeaseMember
nnn:IndianapolisIN1Member
2020-01-01
2020-12-31
0000751364
nnn:RubyTuesdayMember
nnn:OperatingLeaseMember
nnn:InvernessFL1Member
2020-12-31
0000751364
nnn:RubyTuesdayMember
nnn:OperatingLeaseMember
nnn:InvernessFL1Member
2020-01-01
2020-12-31
0000751364
nnn:JacksonvilleFL1Member
nnn:RubyTuesdayMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:JacksonvilleFL1Member
nnn:RubyTuesdayMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:KingslandGA1Member
nnn:RubyTuesdayMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:KingslandGA1Member
nnn:RubyTuesdayMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:RubyTuesdayMember
nnn:OperatingLeaseMember
nnn:LeedsAL1Member
2020-12-31
0000751364
nnn:RubyTuesdayMember
nnn:OperatingLeaseMember
nnn:LeedsAL1Member
2020-01-01
2020-12-31
0000751364
nnn:RubyTuesdayMember
nnn:LincolnNE1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:RubyTuesdayMember
nnn:LincolnNE1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:RubyTuesdayMember
nnn:OperatingLeaseMember
nnn:NewBernNC1Member
2020-12-31
0000751364
nnn:RubyTuesdayMember
nnn:OperatingLeaseMember
nnn:NewBernNC1Member
2020-01-01
2020-12-31
0000751364
nnn:RubyTuesdayMember
nnn:NewPortRicheyFL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:RubyTuesdayMember
nnn:NewPortRicheyFL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:NorthPlatteNE1Member
nnn:RubyTuesdayMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:NorthPlatteNE1Member
nnn:RubyTuesdayMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:RubyTuesdayMember
nnn:OperatingLeaseMember
nnn:OrangeburgSC1Member
2020-12-31
0000751364
nnn:RubyTuesdayMember
nnn:OperatingLeaseMember
nnn:OrangeburgSC1Member
2020-01-01
2020-12-31
0000751364
nnn:RubyTuesdayMember
nnn:OperatingLeaseMember
nnn:RoanokeVA1Member
2020-12-31
0000751364
nnn:RubyTuesdayMember
nnn:OperatingLeaseMember
nnn:RoanokeVA1Member
2020-01-01
2020-12-31
0000751364
nnn:RubyTuesdayMember
nnn:OperatingLeaseMember
nnn:RoyalPalmBeachFL1Member
2020-12-31
0000751364
nnn:RubyTuesdayMember
nnn:OperatingLeaseMember
nnn:RoyalPalmBeachFL1Member
2020-01-01
2020-12-31
0000751364
nnn:St.AugustineFL1Member
nnn:RubyTuesdayMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:St.AugustineFL1Member
nnn:RubyTuesdayMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TerreHauteIN1Member
nnn:RubyTuesdayMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TerreHauteIN1Member
nnn:RubyTuesdayMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:RubyTuesdayMember
nnn:OperatingLeaseMember
nnn:TroyAL1Member
2020-12-31
0000751364
nnn:RubyTuesdayMember
nnn:OperatingLeaseMember
nnn:TroyAL1Member
2020-01-01
2020-12-31
0000751364
nnn:RubyTuesdayMember
nnn:OperatingLeaseMember
nnn:VidaliaGA1Member
2020-12-31
0000751364
nnn:RubyTuesdayMember
nnn:OperatingLeaseMember
nnn:VidaliaGA1Member
2020-01-01
2020-12-31
0000751364
nnn:RubyTuesdayMember
nnn:OperatingLeaseMember
nnn:WarsawIN1Member
2020-12-31
0000751364
nnn:RubyTuesdayMember
nnn:OperatingLeaseMember
nnn:WarsawIN1Member
2020-01-01
2020-12-31
0000751364
nnn:WatervilleME1Member
nnn:RubyTuesdayMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:WatervilleME1Member
nnn:RubyTuesdayMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:RubyTuesdayMember
nnn:OperatingLeaseMember
nnn:ZephyrhillsFL1Member
2020-12-31
0000751364
nnn:RubyTuesdayMember
nnn:OperatingLeaseMember
nnn:ZephyrhillsFL1Member
2020-01-01
2020-12-31
0000751364
nnn:SwanseaIL1Member
nnn:OperatingLeaseMember
nnn:RubysPlaceMember
2020-12-31
0000751364
nnn:SwanseaIL1Member
nnn:OperatingLeaseMember
nnn:RubysPlaceMember
2020-01-01
2020-12-31
0000751364
nnn:SallyBeautySupplyMember
nnn:LapeerMI1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SallyBeautySupplyMember
nnn:LapeerMI1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:BufordGA1Member
nnn:SalonsbyJCMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:BufordGA1Member
nnn:SalonsbyJCMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SaltgrassSteakhouseMember
nnn:SanMarcosTX1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SaltgrassSteakhouseMember
nnn:SanMarcosTX1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SaltgrassSteakhouseMember
nnn:BeaumontTX1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SaltgrassSteakhouseMember
nnn:BeaumontTX1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SaltgrassSteakhouseMember
nnn:SanAntonioTX1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SaltgrassSteakhouseMember
nnn:SanAntonioTX1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SaltgrassSteakhouseMember
nnn:CypressTX1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SaltgrassSteakhouseMember
nnn:CypressTX1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SaltgrassSteakhouseMember
nnn:MidlandTX1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SaltgrassSteakhouseMember
nnn:MidlandTX1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SaltgrassSteakhouseMember
nnn:PortArthurTX1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SaltgrassSteakhouseMember
nnn:PortArthurTX1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SaltgrassSteakhouseMember
nnn:McAllenTX1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SaltgrassSteakhouseMember
nnn:McAllenTX1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SaltgrassSteakhouseMember
nnn:CollegeStationTX1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SaltgrassSteakhouseMember
nnn:CollegeStationTX1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SaltgrassSteakhouseMember
nnn:LewisvilleTX1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SaltgrassSteakhouseMember
nnn:LewisvilleTX1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SaltgrassSteakhouseMember
nnn:WacoTX1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SaltgrassSteakhouseMember
nnn:WacoTX1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SaltgrassSteakhouseMember
nnn:OperatingLeaseMember
nnn:OdessaTX1Member
2020-12-31
0000751364
nnn:SaltgrassSteakhouseMember
nnn:OperatingLeaseMember
nnn:OdessaTX1Member
2020-01-01
2020-12-31
0000751364
nnn:SaltgrassSteakhouseMember
nnn:LubbockTX1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SaltgrassSteakhouseMember
nnn:LubbockTX1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SaltgrassSteakhouseMember
nnn:BaytownTX1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SaltgrassSteakhouseMember
nnn:BaytownTX1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SaltgrassSteakhouseMember
nnn:OperatingLeaseMember
nnn:CorpusChristiTX1Member
2020-12-31
0000751364
nnn:SaltgrassSteakhouseMember
nnn:OperatingLeaseMember
nnn:CorpusChristiTX1Member
2020-01-01
2020-12-31
0000751364
nnn:SaltgrassSteakhouseMember
nnn:OperatingLeaseMember
nnn:TylerTX1Member
2020-12-31
0000751364
nnn:SaltgrassSteakhouseMember
nnn:OperatingLeaseMember
nnn:TylerTX1Member
2020-01-01
2020-12-31
0000751364
nnn:SaltgrassSteakhouseMember
nnn:OperatingLeaseMember
nnn:OklahomaCityOK1Member
2020-12-31
0000751364
nnn:SaltgrassSteakhouseMember
nnn:OperatingLeaseMember
nnn:OklahomaCityOK1Member
2020-01-01
2020-12-31
0000751364
nnn:PasadenaTX1Member
nnn:SaltgrassSteakhouseMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:PasadenaTX1Member
nnn:SaltgrassSteakhouseMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SaltgrassSteakhouseMember
nnn:LittleRockAR1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SaltgrassSteakhouseMember
nnn:LittleRockAR1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SaltgrassSteakhouseMember
nnn:SherwoodAR1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SaltgrassSteakhouseMember
nnn:SherwoodAR1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SaltgrassSteakhouseMember
nnn:TulsaOK1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SaltgrassSteakhouseMember
nnn:TulsaOK1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SaltgrassSteakhouseMember
nnn:OperatingLeaseMember
nnn:HooverAL1Member
2020-12-31
0000751364
nnn:SaltgrassSteakhouseMember
nnn:OperatingLeaseMember
nnn:HooverAL1Member
2020-01-01
2020-12-31
0000751364
nnn:SaltgrassSteakhouseMember
nnn:CovingtonLA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SaltgrassSteakhouseMember
nnn:CovingtonLA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TheColonyTX1Member
nnn:SaltgrassSteakhouseMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TheColonyTX1Member
nnn:SaltgrassSteakhouseMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SaversThriftSuperstoreMember
nnn:FairviewHeightsIL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SaversThriftSuperstoreMember
nnn:FairviewHeightsIL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SchlotzskysDeliMember
nnn:PhoenixAZ1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SchlotzskysDeliMember
nnn:PhoenixAZ1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SchlotzskysDeliMember
nnn:OperatingLeaseMember
nnn:ScottsdaleAZ1Member
2020-12-31
0000751364
nnn:SchlotzskysDeliMember
nnn:OperatingLeaseMember
nnn:ScottsdaleAZ1Member
2020-01-01
2020-12-31
0000751364
nnn:HudsonNC1Member
nnn:ScotchmanMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:HudsonNC1Member
nnn:ScotchmanMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:KingsMountainNC1Member
nnn:ScotchmanMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:KingsMountainNC1Member
nnn:ScotchmanMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:RockHillSC1Member
nnn:ScotchmanMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:RockHillSC1Member
nnn:ScotchmanMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:RutherfordtonNC1Member
nnn:ScotchmanMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:RutherfordtonNC1Member
nnn:ScotchmanMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:RutherfordtonNC2Member
nnn:ScotchmanMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:RutherfordtonNC2Member
nnn:ScotchmanMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ScotchmanMember
nnn:ShelbyNC1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ScotchmanMember
nnn:ShelbyNC1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ShelbyNC2Member
nnn:ScotchmanMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ShelbyNC2Member
nnn:ScotchmanMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SchaumburgIL1Member
nnn:OperatingLeaseMember
nnn:Seasons52Member
2020-12-31
0000751364
nnn:ServiceFirstAutomotiveMember
nnn:OperatingLeaseMember
nnn:KatyTX1Member
2020-12-31
0000751364
nnn:ServiceFirstAutomotiveMember
nnn:OperatingLeaseMember
nnn:KatyTX1Member
2020-01-01
2020-12-31
0000751364
nnn:ServiceFirstAutomotiveMember
nnn:SpringTX1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ServiceFirstAutomotiveMember
nnn:SpringTX1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TheColonyTX1Member
nnn:OperatingLeaseMember
nnn:ServiceKingMember
2020-12-31
0000751364
nnn:TheColonyTX1Member
nnn:OperatingLeaseMember
nnn:ServiceKingMember
2020-01-01
2020-12-31
0000751364
nnn:AlsipIL1Member
nnn:OperatingLeaseMember
nnn:ServiceKingMember
2020-12-31
0000751364
nnn:AlsipIL1Member
nnn:OperatingLeaseMember
nnn:ServiceKingMember
2020-01-01
2020-12-31
0000751364
nnn:ChicagoHeightsIL1Member
nnn:OperatingLeaseMember
nnn:ServiceKingMember
2020-12-31
0000751364
nnn:ChicagoHeightsIL1Member
nnn:OperatingLeaseMember
nnn:ServiceKingMember
2020-01-01
2020-12-31
0000751364
nnn:HighlandIN1Member
nnn:OperatingLeaseMember
nnn:ServiceKingMember
2020-12-31
0000751364
nnn:HighlandIN1Member
nnn:OperatingLeaseMember
nnn:ServiceKingMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:OrlandParkIL1Member
nnn:ServiceKingMember
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:OrlandParkIL1Member
nnn:ServiceKingMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:ScherervilleIN1Member
nnn:ServiceKingMember
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:ScherervilleIN1Member
nnn:ServiceKingMember
2020-01-01
2020-12-31
0000751364
nnn:TinleyParkIL1Member
nnn:OperatingLeaseMember
nnn:ServiceKingMember
2020-12-31
0000751364
nnn:TinleyParkIL1Member
nnn:OperatingLeaseMember
nnn:ServiceKingMember
2020-01-01
2020-12-31
0000751364
nnn:GlendaleAZ1Member
nnn:ShellMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:GlendaleAZ1Member
nnn:ShellMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:PeoriaAZ1Member
nnn:ShellMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:PeoriaAZ1Member
nnn:ShellMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ShopaSnakMember
nnn:BessemerAL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ShopaSnakMember
nnn:BessemerAL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ShopaSnakMember
nnn:OperatingLeaseMember
nnn:ChelseaAL1Member
2020-12-31
0000751364
nnn:ShopaSnakMember
nnn:OperatingLeaseMember
nnn:ChelseaAL1Member
2020-01-01
2020-12-31
0000751364
nnn:ShopaSnakMember
nnn:JasperAL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ShopaSnakMember
nnn:JasperAL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ShopaSnakMember
nnn:BirminghamAL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ShopaSnakMember
nnn:BirminghamAL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ShopaSnakMember
nnn:BirminghamAL2Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ShopaSnakMember
nnn:BirminghamAL2Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ShopaSnakMember
nnn:BirminghamAL3Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ShopaSnakMember
nnn:BirminghamAL3Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ShopaSnakMember
nnn:HomewoodAL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ShopaSnakMember
nnn:HomewoodAL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ShopaSnakMember
nnn:OperatingLeaseMember
nnn:HooverAL1Member
2020-12-31
0000751364
nnn:ShopaSnakMember
nnn:OperatingLeaseMember
nnn:HooverAL1Member
2020-01-01
2020-12-31
0000751364
nnn:ShopaSnakMember
nnn:HooverAL2Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ShopaSnakMember
nnn:HooverAL2Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ShopaSnakMember
nnn:HooverAL3Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ShopaSnakMember
nnn:HooverAL3Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ShopaSnakMember
nnn:OperatingLeaseMember
nnn:TrussvilleAL1Member
2020-12-31
0000751364
nnn:ShopaSnakMember
nnn:OperatingLeaseMember
nnn:TrussvilleAL1Member
2020-01-01
2020-12-31
0000751364
nnn:ShopaSnakMember
nnn:TuscaloosaAL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ShopaSnakMember
nnn:TuscaloosaAL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ShopaSnakMember
nnn:TuscaloosaAL2Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ShopaSnakMember
nnn:TuscaloosaAL2Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ShopaSnakMember
nnn:TuscaloosaAL3Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ShopaSnakMember
nnn:TuscaloosaAL3Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:EssexvilleMI1Member
nnn:OperatingLeaseMember
nnn:ShowtimeAutoMember
2020-12-31
0000751364
nnn:EssexvilleMI1Member
nnn:OperatingLeaseMember
nnn:ShowtimeAutoMember
2020-01-01
2020-12-31
0000751364
nnn:SkechersMember
nnn:OperatingLeaseMember
nnn:SiouxFallsSD1Member
2020-12-31
0000751364
nnn:SkechersMember
nnn:OperatingLeaseMember
nnn:SiouxFallsSD1Member
2020-01-01
2020-12-31
0000751364
nnn:TusconAZ1Member
nnn:SleepNumberMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TusconAZ1Member
nnn:SleepNumberMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:BillingsMT1Member
nnn:SleepNumberMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:BillingsMT1Member
nnn:SleepNumberMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:DublinOH1Member
nnn:SleepNumberMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:DublinOH1Member
nnn:SleepNumberMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:BayShoreNY1Member
nnn:OperatingLeaseMember
nnn:SleepysMember
2020-12-31
0000751364
nnn:BayShoreNY1Member
nnn:OperatingLeaseMember
nnn:SleepysMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:BridgehamptonNY1Member
nnn:SleepysMember
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:BridgehamptonNY1Member
nnn:SleepysMember
2020-01-01
2020-12-31
0000751364
nnn:DicksonCityPA1Member
nnn:OperatingLeaseMember
nnn:SleepysMember
2020-12-31
0000751364
nnn:DicksonCityPA1Member
nnn:OperatingLeaseMember
nnn:SleepysMember
2020-01-01
2020-12-31
0000751364
nnn:FarmingdaleNY1Member
nnn:OperatingLeaseMember
nnn:SleepysMember
2020-12-31
0000751364
nnn:FarmingdaleNY1Member
nnn:OperatingLeaseMember
nnn:SleepysMember
2020-01-01
2020-12-31
0000751364
nnn:HasbrouckHeightsNJ1Member
nnn:OperatingLeaseMember
nnn:SleepysMember
2020-12-31
0000751364
nnn:HasbrouckHeightsNJ1Member
nnn:OperatingLeaseMember
nnn:SleepysMember
2020-01-01
2020-12-31
0000751364
nnn:HuntingtonStationNY1Member
nnn:OperatingLeaseMember
nnn:SleepysMember
2020-12-31
0000751364
nnn:HuntingtonStationNY1Member
nnn:OperatingLeaseMember
nnn:SleepysMember
2020-01-01
2020-12-31
0000751364
nnn:LedgewoodNJ1Member
nnn:OperatingLeaseMember
nnn:SleepysMember
2020-12-31
0000751364
nnn:LedgewoodNJ1Member
nnn:OperatingLeaseMember
nnn:SleepysMember
2020-01-01
2020-12-31
0000751364
nnn:MiddletownNY1Member
nnn:OperatingLeaseMember
nnn:SleepysMember
2020-12-31
0000751364
nnn:MiddletownNY1Member
nnn:OperatingLeaseMember
nnn:SleepysMember
2020-01-01
2020-12-31
0000751364
nnn:MontgomeryvillePA1Member
nnn:OperatingLeaseMember
nnn:SleepysMember
2020-12-31
0000751364
nnn:MontgomeryvillePA1Member
nnn:OperatingLeaseMember
nnn:SleepysMember
2020-01-01
2020-12-31
0000751364
nnn:OldSaybrookCT1Member
nnn:OperatingLeaseMember
nnn:SleepysMember
2020-12-31
0000751364
nnn:OldSaybrookCT1Member
nnn:OperatingLeaseMember
nnn:SleepysMember
2020-01-01
2020-12-31
0000751364
nnn:RockvilleCentreNY1Member
nnn:OperatingLeaseMember
nnn:SleepysMember
2020-12-31
0000751364
nnn:RockvilleCentreNY1Member
nnn:OperatingLeaseMember
nnn:SleepysMember
2020-01-01
2020-12-31
0000751364
nnn:SomersPointNJ1Member
nnn:OperatingLeaseMember
nnn:SleepysMember
2020-12-31
0000751364
nnn:SomersPointNJ1Member
nnn:OperatingLeaseMember
nnn:SleepysMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:SleepysMember
nnn:WatchungNJ1Member
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:SleepysMember
nnn:WatchungNJ1Member
2020-01-01
2020-12-31
0000751364
nnn:WaterfordCT1Member
nnn:OperatingLeaseMember
nnn:SleepysMember
2020-12-31
0000751364
nnn:WaterfordCT1Member
nnn:OperatingLeaseMember
nnn:SleepysMember
2020-01-01
2020-12-31
0000751364
nnn:WhitehallPA1Member
nnn:OperatingLeaseMember
nnn:SleepysMember
2020-12-31
0000751364
nnn:WhitehallPA1Member
nnn:OperatingLeaseMember
nnn:SleepysMember
2020-01-01
2020-12-31
0000751364
nnn:AthensAL1Member
nnn:OperatingLeaseMember
nnn:SonicMember
2020-12-31
0000751364
nnn:AthensAL1Member
nnn:OperatingLeaseMember
nnn:SonicMember
2020-01-01
2020-12-31
0000751364
nnn:AuburnAL1Member
nnn:OperatingLeaseMember
nnn:SonicMember
2020-12-31
0000751364
nnn:AuburnAL1Member
nnn:OperatingLeaseMember
nnn:SonicMember
2020-01-01
2020-12-31
0000751364
nnn:AuburnAL2Member
nnn:OperatingLeaseMember
nnn:SonicMember
2020-12-31
0000751364
nnn:AuburnAL2Member
nnn:OperatingLeaseMember
nnn:SonicMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:BedfordVA1Member
nnn:SonicMember
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:BedfordVA1Member
nnn:SonicMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:BristolTN1Member
nnn:SonicMember
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:BristolTN1Member
nnn:SonicMember
2020-01-01
2020-12-31
0000751364
nnn:ColumbusGA1Member
nnn:OperatingLeaseMember
nnn:SonicMember
2020-12-31
0000751364
nnn:ColumbusGA1Member
nnn:OperatingLeaseMember
nnn:SonicMember
2020-01-01
2020-12-31
0000751364
nnn:ColumbusGA2Member
nnn:OperatingLeaseMember
nnn:SonicMember
2020-12-31
0000751364
nnn:ColumbusGA2Member
nnn:OperatingLeaseMember
nnn:SonicMember
2020-01-01
2020-12-31
0000751364
nnn:DandridgeTN1Member
nnn:OperatingLeaseMember
nnn:SonicMember
2020-12-31
0000751364
nnn:DandridgeTN1Member
nnn:OperatingLeaseMember
nnn:SonicMember
2020-01-01
2020-12-31
0000751364
nnn:DanvilleVA1Member
nnn:OperatingLeaseMember
nnn:SonicMember
2020-12-31
0000751364
nnn:DanvilleVA1Member
nnn:OperatingLeaseMember
nnn:SonicMember
2020-01-01
2020-12-31
0000751364
nnn:DecaturAL1Member
nnn:OperatingLeaseMember
nnn:SonicMember
2020-12-31
0000751364
nnn:DecaturAL1Member
nnn:OperatingLeaseMember
nnn:SonicMember
2020-01-01
2020-12-31
0000751364
nnn:FlorenceAL1Member
nnn:OperatingLeaseMember
nnn:SonicMember
2020-12-31
0000751364
nnn:FlorenceAL1Member
nnn:OperatingLeaseMember
nnn:SonicMember
2020-01-01
2020-12-31
0000751364
nnn:FlorenceAL2Member
nnn:OperatingLeaseMember
nnn:SonicMember
2020-12-31
0000751364
nnn:FlorenceAL2Member
nnn:OperatingLeaseMember
nnn:SonicMember
2020-01-01
2020-12-31
0000751364
nnn:GreenevilleTN1Member
nnn:OperatingLeaseMember
nnn:SonicMember
2020-12-31
0000751364
nnn:GreenevilleTN1Member
nnn:OperatingLeaseMember
nnn:SonicMember
2020-01-01
2020-12-31
0000751364
nnn:HamptonCoveAL1Member
nnn:OperatingLeaseMember
nnn:SonicMember
2020-12-31
0000751364
nnn:HamptonCoveAL1Member
nnn:OperatingLeaseMember
nnn:SonicMember
2020-01-01
2020-12-31
0000751364
nnn:HuntsvilleAL1Member
nnn:OperatingLeaseMember
nnn:SonicMember
2020-12-31
0000751364
nnn:HuntsvilleAL1Member
nnn:OperatingLeaseMember
nnn:SonicMember
2020-01-01
2020-12-31
0000751364
nnn:HuntsvilleAL2Member
nnn:OperatingLeaseMember
nnn:SonicMember
2020-12-31
0000751364
nnn:HuntsvilleAL2Member
nnn:OperatingLeaseMember
nnn:SonicMember
2020-01-01
2020-12-31
0000751364
nnn:HuntsvilleAL3Member
nnn:OperatingLeaseMember
nnn:SonicMember
2020-12-31
0000751364
nnn:HuntsvilleAL3Member
nnn:OperatingLeaseMember
nnn:SonicMember
2020-01-01
2020-12-31
0000751364
nnn:HuntsvilleAL4Member
nnn:OperatingLeaseMember
nnn:SonicMember
2020-12-31
0000751364
nnn:HuntsvilleAL4Member
nnn:OperatingLeaseMember
nnn:SonicMember
2020-01-01
2020-12-31
0000751364
nnn:HuntsvilleAL5Member
nnn:OperatingLeaseMember
nnn:SonicMember
2020-12-31
0000751364
nnn:HuntsvilleAL5Member
nnn:OperatingLeaseMember
nnn:SonicMember
2020-01-01
2020-12-31
0000751364
nnn:JohnsonCityTN1Member
nnn:OperatingLeaseMember
nnn:SonicMember
2020-12-31
0000751364
nnn:JohnsonCityTN1Member
nnn:OperatingLeaseMember
nnn:SonicMember
2020-01-01
2020-12-31
0000751364
nnn:KingsportTN1Member
nnn:OperatingLeaseMember
nnn:SonicMember
2020-12-31
0000751364
nnn:KingsportTN1Member
nnn:OperatingLeaseMember
nnn:SonicMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:KnoxvilleTN1Member
nnn:SonicMember
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:KnoxvilleTN1Member
nnn:SonicMember
2020-01-01
2020-12-31
0000751364
nnn:LanettAL1Member
nnn:OperatingLeaseMember
nnn:SonicMember
2020-12-31
0000751364
nnn:LanettAL1Member
nnn:OperatingLeaseMember
nnn:SonicMember
2020-01-01
2020-12-31
0000751364
nnn:MadisonAL1Member
nnn:OperatingLeaseMember
nnn:SonicMember
2020-12-31
0000751364
nnn:MadisonAL1Member
nnn:OperatingLeaseMember
nnn:SonicMember
2020-01-01
2020-12-31
0000751364
nnn:MadisonAL2Member
nnn:OperatingLeaseMember
nnn:SonicMember
2020-12-31
0000751364
nnn:MadisonAL2Member
nnn:OperatingLeaseMember
nnn:SonicMember
2020-01-01
2020-12-31
0000751364
nnn:MarionVA1Member
nnn:OperatingLeaseMember
nnn:SonicMember
2020-12-31
0000751364
nnn:MarionVA1Member
nnn:OperatingLeaseMember
nnn:SonicMember
2020-01-01
2020-12-31
0000751364
nnn:MillbrookAL1Member
nnn:OperatingLeaseMember
nnn:SonicMember
2020-12-31
0000751364
nnn:MillbrookAL1Member
nnn:OperatingLeaseMember
nnn:SonicMember
2020-01-01
2020-12-31
0000751364
nnn:MontgomeryAL1Member
nnn:OperatingLeaseMember
nnn:SonicMember
2020-12-31
0000751364
nnn:MontgomeryAL1Member
nnn:OperatingLeaseMember
nnn:SonicMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:SonicMember
nnn:MontgomeryAL2Member
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:SonicMember
nnn:MontgomeryAL2Member
2020-01-01
2020-12-31
0000751364
nnn:MorristownTN1Member
nnn:OperatingLeaseMember
nnn:SonicMember
2020-12-31
0000751364
nnn:MorristownTN1Member
nnn:OperatingLeaseMember
nnn:SonicMember
2020-01-01
2020-12-31
0000751364
nnn:MorristownTN2Member
nnn:OperatingLeaseMember
nnn:SonicMember
2020-12-31
0000751364
nnn:MorristownTN2Member
nnn:OperatingLeaseMember
nnn:SonicMember
2020-01-01
2020-12-31
0000751364
nnn:MoultonAL1Member
nnn:OperatingLeaseMember
nnn:SonicMember
2020-12-31
0000751364
nnn:MoultonAL1Member
nnn:OperatingLeaseMember
nnn:SonicMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:MuscleShoalsAL1Member
nnn:SonicMember
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:MuscleShoalsAL1Member
nnn:SonicMember
2020-01-01
2020-12-31
0000751364
nnn:NewportTN1Member
nnn:OperatingLeaseMember
nnn:SonicMember
2020-12-31
0000751364
nnn:NewportTN1Member
nnn:OperatingLeaseMember
nnn:SonicMember
2020-01-01
2020-12-31
0000751364
nnn:NorthTazewellVA1Member
nnn:OperatingLeaseMember
nnn:SonicMember
2020-12-31
0000751364
nnn:NorthTazewellVA1Member
nnn:OperatingLeaseMember
nnn:SonicMember
2020-01-01
2020-12-31
0000751364
nnn:NortonVA1Member
nnn:OperatingLeaseMember
nnn:SonicMember
2020-12-31
0000751364
nnn:NortonVA1Member
nnn:OperatingLeaseMember
nnn:SonicMember
2020-01-01
2020-12-31
0000751364
nnn:OpelikaAL1Member
nnn:OperatingLeaseMember
nnn:SonicMember
2020-12-31
0000751364
nnn:OpelikaAL1Member
nnn:OperatingLeaseMember
nnn:SonicMember
2020-01-01
2020-12-31
0000751364
nnn:PheonixCityAL1Member
nnn:OperatingLeaseMember
nnn:SonicMember
2020-12-31
0000751364
nnn:PheonixCityAL1Member
nnn:OperatingLeaseMember
nnn:SonicMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:SonicMember
nnn:PrattvilleAL1Member
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:SonicMember
nnn:PrattvilleAL1Member
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:RoanokeVA1Member
nnn:SonicMember
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:RoanokeVA1Member
nnn:SonicMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:SonicMember
nnn:RogersvilleTN1Member
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:SonicMember
nnn:RogersvilleTN1Member
2020-01-01
2020-12-31
0000751364
nnn:SeviervilleTN1Member
nnn:OperatingLeaseMember
nnn:SonicMember
2020-12-31
0000751364
nnn:SeviervilleTN1Member
nnn:OperatingLeaseMember
nnn:SonicMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:ChatsworthGA1Member
nnn:SonicMember
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:ChatsworthGA1Member
nnn:SonicMember
2020-01-01
2020-12-31
0000751364
nnn:ChattanoogaTN1Member
nnn:OperatingLeaseMember
nnn:SonicMember
2020-12-31
0000751364
nnn:ChattanoogaTN1Member
nnn:OperatingLeaseMember
nnn:SonicMember
2020-01-01
2020-12-31
0000751364
nnn:ChattanoogaTN2Member
nnn:OperatingLeaseMember
nnn:SonicMember
2020-12-31
0000751364
nnn:ChattanoogaTN2Member
nnn:OperatingLeaseMember
nnn:SonicMember
2020-01-01
2020-12-31
0000751364
nnn:ChattanoogaTN3Member
nnn:OperatingLeaseMember
nnn:SonicMember
2020-12-31
0000751364
nnn:ChattanoogaTN3Member
nnn:OperatingLeaseMember
nnn:SonicMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:ChattanoogaTN4Member
nnn:SonicMember
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:ChattanoogaTN4Member
nnn:SonicMember
2020-01-01
2020-12-31
0000751364
nnn:DaltonGA1Member
nnn:OperatingLeaseMember
nnn:SonicMember
2020-12-31
0000751364
nnn:DaltonGA1Member
nnn:OperatingLeaseMember
nnn:SonicMember
2020-01-01
2020-12-31
0000751364
nnn:CharlotteNC1Member
nnn:OperatingLeaseMember
nnn:SonicAutomotiveMember
2020-12-31
0000751364
nnn:CharlotteNC1Member
nnn:OperatingLeaseMember
nnn:SonicAutomotiveMember
2020-01-01
2020-12-31
0000751364
nnn:SonnysBBQMember
nnn:AlachuaFL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SonnysBBQMember
nnn:AlachuaFL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:BelleviewFL1Member
nnn:SonnysBBQMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:BelleviewFL1Member
nnn:SonnysBBQMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SonnysBBQMember
nnn:OperatingLeaseMember
nnn:BushnellFL1Member
2020-12-31
0000751364
nnn:SonnysBBQMember
nnn:OperatingLeaseMember
nnn:BushnellFL1Member
2020-01-01
2020-12-31
0000751364
nnn:JacksonvilleFL1Member
nnn:SonnysBBQMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:JacksonvilleFL1Member
nnn:SonnysBBQMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SonnysBBQMember
nnn:OperatingLeaseMember
nnn:JacksonvilleFL2Member
2020-12-31
0000751364
nnn:SonnysBBQMember
nnn:OperatingLeaseMember
nnn:JacksonvilleFL2Member
2020-01-01
2020-12-31
0000751364
nnn:SonnysBBQMember
nnn:OcalaFL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SonnysBBQMember
nnn:OcalaFL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SonnysBBQMember
nnn:OcalaFL2Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SonnysBBQMember
nnn:OcalaFL2Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SonnysBBQMember
nnn:OperatingLeaseMember
nnn:OrangeParkFL1Member
2020-12-31
0000751364
nnn:SonnysBBQMember
nnn:OperatingLeaseMember
nnn:OrangeParkFL1Member
2020-01-01
2020-12-31
0000751364
nnn:SonnysBBQMember
nnn:SpringHillFL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SonnysBBQMember
nnn:SpringHillFL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ValdosaGA1Member
nnn:SouthernCoveOutfittersMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ValdosaGA1Member
nnn:SouthernCoveOutfittersMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:BakersfieldCA1Member
nnn:SparklingImageMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:BakersfieldCA1Member
nnn:SparklingImageMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:BakersfieldCA2Member
nnn:SparklingImageMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:BakersfieldCA2Member
nnn:SparklingImageMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SparklingImageMember
nnn:BakersfieldCA3Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SparklingImageMember
nnn:BakersfieldCA3Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:BakersfieldCA4Member
nnn:SparklingImageMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:BakersfieldCA4Member
nnn:SparklingImageMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SparklingImageMember
nnn:BakersfieldCA5Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SparklingImageMember
nnn:BakersfieldCA5Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SparklingImageMember
nnn:BakersfieldCA6Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SparklingImageMember
nnn:BakersfieldCA6Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SparklingImageMember
nnn:OperatingLeaseMember
nnn:SanFernandoCA1Member
2020-12-31
0000751364
nnn:SparklingImageMember
nnn:OperatingLeaseMember
nnn:SanFernandoCA1Member
2020-01-01
2020-12-31
0000751364
nnn:SparklingImageMember
nnn:VenturaCA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SparklingImageMember
nnn:VenturaCA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SparklingImageMember
nnn:VenturaCA2Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SparklingImageMember
nnn:VenturaCA2Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SpecsLiquorAndFineFoodsMember
nnn:OperatingLeaseMember
nnn:CorpusChristiTX1Member
2020-12-31
0000751364
nnn:SpecsLiquorAndFineFoodsMember
nnn:OperatingLeaseMember
nnn:CorpusChristiTX1Member
2020-01-01
2020-12-31
0000751364
nnn:SpecsLiquorAndFineFoodsMember
nnn:CoffeeCityTX1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SpecsLiquorAndFineFoodsMember
nnn:CoffeeCityTX1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SpeedyCashMember
nnn:OperatingLeaseMember
nnn:KnoxvilleTN2Member
2020-12-31
0000751364
nnn:SpeedyCashMember
nnn:OperatingLeaseMember
nnn:KnoxvilleTN2Member
2020-01-01
2020-12-31
0000751364
nnn:SpeedyCashMember
nnn:ChicagoIL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SpeedyCashMember
nnn:ChicagoIL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:GlendaleAZ1Member
nnn:SpencersAirConditioningApplianceMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:GlendaleAZ1Member
nnn:SpencersAirConditioningApplianceMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MemphisTN1Member
nnn:OperatingLeaseMember
nnn:StaplesMember
2020-12-31
0000751364
nnn:MemphisTN1Member
nnn:OperatingLeaseMember
nnn:StaplesMember
2020-01-01
2020-12-31
0000751364
nnn:SouthingtonCT1Member
nnn:StarplexTheatreMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SouthingtonCT1Member
nnn:StarplexTheatreMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MunhallPA1Member
nnn:OperatingLeaseMember
nnn:SteakNShakeMember
2020-12-31
0000751364
nnn:MunhallPA1Member
nnn:OperatingLeaseMember
nnn:SteakNShakeMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:SteakNShakeMember
nnn:SouthBendIN1Member
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:SteakNShakeMember
nnn:SouthBendIN1Member
2020-01-01
2020-12-31
0000751364
nnn:Lombard.IL1Member
nnn:SterlingCollisionMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:Lombard.IL1Member
nnn:SterlingCollisionMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:LilburnGA1Member
nnn:OperatingLeaseMember
nnn:StoneMountainChevroletMember
2020-12-31
0000751364
nnn:LilburnGA1Member
nnn:OperatingLeaseMember
nnn:StoneMountainChevroletMember
2020-01-01
2020-12-31
0000751364
nnn:StopNGoMember
nnn:OperatingLeaseMember
nnn:GrandPrairieTX1Member
2020-12-31
0000751364
nnn:StopNGoMember
nnn:OperatingLeaseMember
nnn:GrandPrairieTX1Member
2020-01-01
2020-12-31
0000751364
nnn:LaredoTX1Member
nnn:OperatingLeaseMember
nnn:StripesMember
2020-12-31
0000751364
nnn:LaredoTX1Member
nnn:OperatingLeaseMember
nnn:StripesMember
2020-01-01
2020-12-31
0000751364
nnn:LawtonOK1Member
nnn:OperatingLeaseMember
nnn:StripesMember
2020-12-31
0000751364
nnn:LawtonOK1Member
nnn:OperatingLeaseMember
nnn:StripesMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:StripesMember
nnn:WichitaFallsTX1Member
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:StripesMember
nnn:WichitaFallsTX1Member
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:StripesMember
nnn:WichitaFallsTX2Member
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:StripesMember
nnn:WichitaFallsTX2Member
2020-01-01
2020-12-31
0000751364
nnn:WichitaFallsTX3Member
nnn:OperatingLeaseMember
nnn:StripesMember
2020-12-31
0000751364
nnn:WichitaFallsTX3Member
nnn:OperatingLeaseMember
nnn:StripesMember
2020-01-01
2020-12-31
0000751364
nnn:MonahansTX1Member
nnn:OperatingLeaseMember
nnn:StripesMember
2020-12-31
0000751364
nnn:MonahansTX1Member
nnn:OperatingLeaseMember
nnn:StripesMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:StripesMember
nnn:OdessaTX1Member
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:StripesMember
nnn:OdessaTX1Member
2020-01-01
2020-12-31
0000751364
nnn:SanAngeloTX1Member
nnn:OperatingLeaseMember
nnn:StripesMember
2020-12-31
0000751364
nnn:SanAngeloTX1Member
nnn:OperatingLeaseMember
nnn:StripesMember
2020-01-01
2020-12-31
0000751364
nnn:HarlingenTX1Member
nnn:OperatingLeaseMember
nnn:StripesMember
2020-12-31
0000751364
nnn:HarlingenTX1Member
nnn:OperatingLeaseMember
nnn:StripesMember
2020-01-01
2020-12-31
0000751364
nnn:HoustonTX1Member
nnn:OperatingLeaseMember
nnn:StripesMember
2020-12-31
0000751364
nnn:HoustonTX1Member
nnn:OperatingLeaseMember
nnn:StripesMember
2020-01-01
2020-12-31
0000751364
nnn:LubbockTX1Member
nnn:OperatingLeaseMember
nnn:StripesMember
2020-12-31
0000751364
nnn:LubbockTX1Member
nnn:OperatingLeaseMember
nnn:StripesMember
2020-01-01
2020-12-31
0000751364
nnn:CorpusChristiTX2Member
nnn:OperatingLeaseMember
nnn:StripesMember
2020-12-31
0000751364
nnn:CorpusChristiTX2Member
nnn:OperatingLeaseMember
nnn:StripesMember
2020-01-01
2020-12-31
0000751364
nnn:CorpusChristiTX3Member
nnn:OperatingLeaseMember
nnn:StripesMember
2020-12-31
0000751364
nnn:CorpusChristiTX3Member
nnn:OperatingLeaseMember
nnn:StripesMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:StripesMember
nnn:CorpusChristiTX4Member
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:StripesMember
nnn:CorpusChristiTX4Member
2020-01-01
2020-12-31
0000751364
nnn:HarlingenTX2Member
nnn:OperatingLeaseMember
nnn:StripesMember
2020-12-31
0000751364
nnn:HarlingenTX2Member
nnn:OperatingLeaseMember
nnn:StripesMember
2020-01-01
2020-12-31
0000751364
nnn:LaredoTX2Member
nnn:OperatingLeaseMember
nnn:StripesMember
2020-12-31
0000751364
nnn:LaredoTX2Member
nnn:OperatingLeaseMember
nnn:StripesMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:StripesMember
nnn:LaredoTX3Member
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:StripesMember
nnn:LaredoTX3Member
2020-01-01
2020-12-31
0000751364
nnn:LaredoTX4Member
nnn:OperatingLeaseMember
nnn:StripesMember
2020-12-31
0000751364
nnn:LaredoTX4Member
nnn:OperatingLeaseMember
nnn:StripesMember
2020-01-01
2020-12-31
0000751364
nnn:LaredoTX5Member
nnn:OperatingLeaseMember
nnn:StripesMember
2020-12-31
0000751364
nnn:LaredoTX5Member
nnn:OperatingLeaseMember
nnn:StripesMember
2020-01-01
2020-12-31
0000751364
nnn:MercedesTX1Member
nnn:OperatingLeaseMember
nnn:StripesMember
2020-12-31
0000751364
nnn:MercedesTX1Member
nnn:OperatingLeaseMember
nnn:StripesMember
2020-01-01
2020-12-31
0000751364
nnn:PortlandTX1Member
nnn:OperatingLeaseMember
nnn:StripesMember
2020-12-31
0000751364
nnn:PortlandTX1Member
nnn:OperatingLeaseMember
nnn:StripesMember
2020-01-01
2020-12-31
0000751364
nnn:RockportTX1Member
nnn:OperatingLeaseMember
nnn:StripesMember
2020-12-31
0000751364
nnn:RockportTX1Member
nnn:OperatingLeaseMember
nnn:StripesMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:StripesMember
nnn:SanJuanTX1Member
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:StripesMember
nnn:SanJuanTX1Member
2020-01-01
2020-12-31
0000751364
nnn:DaytonOH1Member
nnn:SunbeltRentalsMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:DaytonOH1Member
nnn:SunbeltRentalsMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ShepherdsvilleKY1Member
nnn:SunbeltRentalsMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ShepherdsvilleKY1Member
nnn:SunbeltRentalsMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ArnoldMD1Member
nnn:SunocoMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ArnoldMD1Member
nnn:SunocoMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:BaltimoreMD1Member
nnn:SunocoMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:BaltimoreMD1Member
nnn:SunocoMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SunocoMember
nnn:OperatingLeaseMember
nnn:BaltimoreMD2Member
2020-12-31
0000751364
nnn:SunocoMember
nnn:OperatingLeaseMember
nnn:BaltimoreMD2Member
2020-01-01
2020-12-31
0000751364
nnn:SunocoMember
nnn:BaltimoreMD3Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SunocoMember
nnn:BaltimoreMD3Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SunocoMember
nnn:OperatingLeaseMember
nnn:BaltimoreMD4Member
2020-12-31
0000751364
nnn:SunocoMember
nnn:OperatingLeaseMember
nnn:BaltimoreMD4Member
2020-01-01
2020-12-31
0000751364
nnn:SunocoMember
nnn:OperatingLeaseMember
nnn:BaltimoreMD5Member
2020-12-31
0000751364
nnn:SunocoMember
nnn:OperatingLeaseMember
nnn:BaltimoreMD5Member
2020-01-01
2020-12-31
0000751364
nnn:BaltimoreMD6Member
nnn:SunocoMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:BaltimoreMD6Member
nnn:SunocoMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SunocoMember
nnn:OperatingLeaseMember
nnn:BaltimoreMD7Member
2020-12-31
0000751364
nnn:SunocoMember
nnn:OperatingLeaseMember
nnn:BaltimoreMD7Member
2020-01-01
2020-12-31
0000751364
nnn:SunocoMember
nnn:OperatingLeaseMember
nnn:BelAirMD1Member
2020-12-31
0000751364
nnn:SunocoMember
nnn:OperatingLeaseMember
nnn:BelAirMD1Member
2020-01-01
2020-12-31
0000751364
nnn:SunocoMember
nnn:BethesdaMD1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SunocoMember
nnn:BethesdaMD1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SunocoMember
nnn:ChantillyVA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SunocoMember
nnn:ChantillyVA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:DaleCityVA1Member
nnn:SunocoMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:DaleCityVA1Member
nnn:SunocoMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:DumfriesVA1Member
nnn:SunocoMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:DumfriesVA1Member
nnn:SunocoMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:EdgewoodMD1Member
nnn:SunocoMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:EdgewoodMD1Member
nnn:SunocoMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SunocoMember
nnn:FrederickMD1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SunocoMember
nnn:FrederickMD1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SunocoMember
nnn:OperatingLeaseMember
nnn:GaithersburgMD1Member
2020-12-31
0000751364
nnn:SunocoMember
nnn:OperatingLeaseMember
nnn:GaithersburgMD1Member
2020-01-01
2020-12-31
0000751364
nnn:SunocoMember
nnn:GlenBurnieMD1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SunocoMember
nnn:GlenBurnieMD1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SunocoMember
nnn:OperatingLeaseMember
nnn:HerndonVA1Member
2020-12-31
0000751364
nnn:SunocoMember
nnn:OperatingLeaseMember
nnn:HerndonVA1Member
2020-01-01
2020-12-31
0000751364
nnn:SunocoMember
nnn:JoppaMD1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SunocoMember
nnn:JoppaMD1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SunocoMember
nnn:ManassasVA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SunocoMember
nnn:ManassasVA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SunocoMember
nnn:OperatingLeaseMember
nnn:ManassasVA2Member
2020-12-31
0000751364
nnn:SunocoMember
nnn:OperatingLeaseMember
nnn:ManassasVA2Member
2020-01-01
2020-12-31
0000751364
nnn:SunocoMember
nnn:OdentonMD1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SunocoMember
nnn:OdentonMD1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SunocoMember
nnn:OwingsMillsMD1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SunocoMember
nnn:OwingsMillsMD1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ParktonMD1Member
nnn:SunocoMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ParktonMD1Member
nnn:SunocoMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SunocoMember
nnn:OperatingLeaseMember
nnn:PasadenaMD1Member
2020-12-31
0000751364
nnn:SunocoMember
nnn:OperatingLeaseMember
nnn:PasadenaMD1Member
2020-01-01
2020-12-31
0000751364
nnn:PasadenaMD2Member
nnn:SunocoMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:PasadenaMD2Member
nnn:SunocoMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SunocoMember
nnn:OperatingLeaseMember
nnn:PerryvilleMD1Member
2020-12-31
0000751364
nnn:SunocoMember
nnn:OperatingLeaseMember
nnn:PerryvilleMD1Member
2020-01-01
2020-12-31
0000751364
nnn:SunocoMember
nnn:RandallstownMD1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SunocoMember
nnn:RandallstownMD1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SunocoMember
nnn:OperatingLeaseMember
nnn:ReistertownMD1Member
2020-12-31
0000751364
nnn:SunocoMember
nnn:OperatingLeaseMember
nnn:ReistertownMD1Member
2020-01-01
2020-12-31
0000751364
nnn:SunocoMember
nnn:RockvilleMD1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SunocoMember
nnn:RockvilleMD1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SunocoMember
nnn:SevernMD1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SunocoMember
nnn:SevernMD1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SunocoMember
nnn:OperatingLeaseMember
nnn:SterlingVA1Member
2020-12-31
0000751364
nnn:SunocoMember
nnn:OperatingLeaseMember
nnn:SterlingVA1Member
2020-01-01
2020-12-31
0000751364
nnn:SunocoMember
nnn:OperatingLeaseMember
nnn:SterlingVA2Member
2020-12-31
0000751364
nnn:SunocoMember
nnn:OperatingLeaseMember
nnn:SterlingVA2Member
2020-01-01
2020-12-31
0000751364
nnn:SunocoMember
nnn:TimoniumMD1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SunocoMember
nnn:TimoniumMD1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SunocoMember
nnn:TowsonMD1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SunocoMember
nnn:TowsonMD1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SunocoMember
nnn:OperatingLeaseMember
nnn:WoodbridgeVA1Member
2020-12-31
0000751364
nnn:SunocoMember
nnn:OperatingLeaseMember
nnn:WoodbridgeVA1Member
2020-01-01
2020-12-31
0000751364
nnn:KansasCityMO1Member
nnn:SunshineEnergyMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:KansasCityMO1Member
nnn:SunshineEnergyMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SunTrustMember
nnn:AlexandriaVA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SunTrustMember
nnn:AlexandriaVA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SunTrustMember
nnn:AlpharettaGA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SunTrustMember
nnn:AlpharettaGA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AlpharettaGA2Member
nnn:SunTrustMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AlpharettaGA2Member
nnn:SunTrustMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SunTrustMember
nnn:OperatingLeaseMember
nnn:AtlantaGA1Member
2020-12-31
0000751364
nnn:SunTrustMember
nnn:OperatingLeaseMember
nnn:AtlantaGA1Member
2020-01-01
2020-12-31
0000751364
nnn:AugustaGA1Member
nnn:SunTrustMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AugustaGA1Member
nnn:SunTrustMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SunTrustMember
nnn:OperatingLeaseMember
nnn:BlackMountainNC1Member
2020-12-31
0000751364
nnn:SunTrustMember
nnn:OperatingLeaseMember
nnn:BlackMountainNC1Member
2020-01-01
2020-12-31
0000751364
nnn:BladensburgMD1Member
nnn:SunTrustMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:BladensburgMD1Member
nnn:SunTrustMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SunTrustMember
nnn:BradentonFL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SunTrustMember
nnn:BradentonFL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SunTrustMember
nnn:ChattanoogaTN1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SunTrustMember
nnn:ChattanoogaTN1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SunTrustMember
nnn:ChattanoogaTN2Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SunTrustMember
nnn:ChattanoogaTN2Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ConyersGA1Member
nnn:SunTrustMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ConyersGA1Member
nnn:SunTrustMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SunTrustMember
nnn:DaytonaBeachShoresFL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SunTrustMember
nnn:DaytonaBeachShoresFL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SunTrustMember
nnn:DelandFL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SunTrustMember
nnn:DelandFL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SunTrustMember
nnn:DuluthGA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SunTrustMember
nnn:DuluthGA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SunTrustMember
nnn:OperatingLeaseMember
nnn:EdgewaterFL1Member
2020-12-31
0000751364
nnn:SunTrustMember
nnn:OperatingLeaseMember
nnn:EdgewaterFL1Member
2020-01-01
2020-12-31
0000751364
nnn:SunTrustMember
nnn:GreenacresCityFL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SunTrustMember
nnn:GreenacresCityFL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:GreensboroNC1Member
nnn:SunTrustMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:GreensboroNC1Member
nnn:SunTrustMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SunTrustMember
nnn:OperatingLeaseMember
nnn:HialeahFL1Member
2020-12-31
0000751364
nnn:SunTrustMember
nnn:OperatingLeaseMember
nnn:HialeahFL1Member
2020-01-01
2020-12-31
0000751364
nnn:HuntersvilleNC1Member
nnn:SunTrustMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:HuntersvilleNC1Member
nnn:SunTrustMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:JacksonvilleFL1Member
nnn:SunTrustMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:JacksonvilleFL1Member
nnn:SunTrustMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SunTrustMember
nnn:OperatingLeaseMember
nnn:JacksonvilleFL2Member
2020-12-31
0000751364
nnn:SunTrustMember
nnn:OperatingLeaseMember
nnn:JacksonvilleFL2Member
2020-01-01
2020-12-31
0000751364
nnn:SunTrustMember
nnn:JupiterFL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SunTrustMember
nnn:JupiterFL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SunTrustMember
nnn:KannapolisNC1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SunTrustMember
nnn:KannapolisNC1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SunTrustMember
nnn:OperatingLeaseMember
nnn:KernersvilleNC1Member
2020-12-31
0000751364
nnn:SunTrustMember
nnn:OperatingLeaseMember
nnn:KernersvilleNC1Member
2020-01-01
2020-12-31
0000751364
nnn:SunTrustMember
nnn:LadyLakeFL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SunTrustMember
nnn:LadyLakeFL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SunTrustMember
nnn:OperatingLeaseMember
nnn:LakeCityTN1Member
2020-12-31
0000751364
nnn:SunTrustMember
nnn:OperatingLeaseMember
nnn:LakeCityTN1Member
2020-01-01
2020-12-31
0000751364
nnn:LargoFL1Member
nnn:SunTrustMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:LargoFL1Member
nnn:SunTrustMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SunTrustMember
nnn:LawrencevilleGA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SunTrustMember
nnn:LawrencevilleGA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:LightfootVA1Member
nnn:SunTrustMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:LightfootVA1Member
nnn:SunTrustMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SunTrustMember
nnn:MariettaGA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SunTrustMember
nnn:MariettaGA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SunTrustMember
nnn:OperatingLeaseMember
nnn:MechanicsvilleVA1Member
2020-12-31
0000751364
nnn:SunTrustMember
nnn:OperatingLeaseMember
nnn:MechanicsvilleVA1Member
2020-01-01
2020-12-31
0000751364
nnn:SunTrustMember
nnn:MurfreesboroTN1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SunTrustMember
nnn:MurfreesboroTN1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SunTrustMember
nnn:NMiamiBeachFL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SunTrustMember
nnn:NMiamiBeachFL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SunTrustMember
nnn:NashvilleTN1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SunTrustMember
nnn:NashvilleTN1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SunTrustMember
nnn:OperatingLeaseMember
nnn:NashvilleTN2Member
2020-12-31
0000751364
nnn:SunTrustMember
nnn:OperatingLeaseMember
nnn:NashvilleTN2Member
2020-01-01
2020-12-31
0000751364
nnn:SunTrustMember
nnn:NewPortRicheyFL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SunTrustMember
nnn:NewPortRicheyFL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SunTrustMember
nnn:NorcrossGA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SunTrustMember
nnn:NorcrossGA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SunTrustMember
nnn:OrlandoFL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SunTrustMember
nnn:OrlandoFL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SunTrustMember
nnn:PalmHarborFL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SunTrustMember
nnn:PalmHarborFL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:PuntaGordaFL1Member
nnn:SunTrustMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:PuntaGordaFL1Member
nnn:SunTrustMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:RichmondVA1Member
nnn:SunTrustMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:RichmondVA1Member
nnn:SunTrustMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SunTrustMember
nnn:OperatingLeaseMember
nnn:RichmondVA2Member
2020-12-31
0000751364
nnn:SunTrustMember
nnn:OperatingLeaseMember
nnn:RichmondVA2Member
2020-01-01
2020-12-31
0000751364
nnn:SunTrustMember
nnn:RichmondVA3Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SunTrustMember
nnn:RichmondVA3Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SunTrustMember
nnn:OperatingLeaseMember
nnn:RoanokeVA1Member
2020-12-31
0000751364
nnn:SunTrustMember
nnn:OperatingLeaseMember
nnn:RoanokeVA1Member
2020-01-01
2020-12-31
0000751364
nnn:RoxboroNCMember
nnn:SunTrustMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:RoxboroNCMember
nnn:SunTrustMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SunTrustMember
nnn:SebastianFL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SunTrustMember
nnn:SebastianFL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SunTrustMember
nnn:SouthBostonVA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SunTrustMember
nnn:SouthBostonVA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SunTrustMember
nnn:SpartanburgSC1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SunTrustMember
nnn:SpartanburgSC1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SunTrustMember
nnn:SpringHillFL2Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SunTrustMember
nnn:SpringHillFL2Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SunTrustMember
nnn:OperatingLeaseMember
nnn:SpringHillFL3Member
2020-12-31
0000751364
nnn:SunTrustMember
nnn:OperatingLeaseMember
nnn:SpringHillFL3Member
2020-01-01
2020-12-31
0000751364
nnn:SunTrustMember
nnn:SunCityCenterFLMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SunTrustMember
nnn:SunCityCenterFLMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TuckerGAMember
nnn:SunTrustMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TuckerGAMember
nnn:SunTrustMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SunTrustMember
nnn:VirginiaBeachVA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SunTrustMember
nnn:VirginiaBeachVA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MidwayPAMember
nnn:SuperiorPetroleumMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MidwayPAMember
nnn:SuperiorPetroleumMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MapleHeightsOHMember
nnn:SupervaluMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MapleHeightsOHMember
nnn:SupervaluMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ShermanTX1Member
nnn:SweetBerriesCafeMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ShermanTX1Member
nnn:SweetBerriesCafeMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TacoBellMember
nnn:OcalaFL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TacoBellMember
nnn:OcalaFL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TacoBellMember
nnn:PhoenixAZ1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TacoBellMember
nnn:PhoenixAZ1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:BedfordIN1Member
nnn:TacoBellMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:BedfordIN1Member
nnn:TacoBellMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TacoBellMember
nnn:OperatingLeaseMember
nnn:ColumbusIN1Member
2020-12-31
0000751364
nnn:TacoBellMember
nnn:OperatingLeaseMember
nnn:ColumbusIN1Member
2020-01-01
2020-12-31
0000751364
nnn:TacoBellMember
nnn:ColumbusIN2Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TacoBellMember
nnn:ColumbusIN2Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TacoBellMember
nnn:EvansvilleIN1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TacoBellMember
nnn:EvansvilleIN1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TacoBellMember
nnn:OperatingLeaseMember
nnn:EvansvilleIN2Member
2020-12-31
0000751364
nnn:TacoBellMember
nnn:OperatingLeaseMember
nnn:EvansvilleIN2Member
2020-01-01
2020-12-31
0000751364
nnn:TacoBellMember
nnn:EvansvilleIN3Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TacoBellMember
nnn:EvansvilleIN3Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FishersIN1Member
nnn:TacoBellMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FishersIN1Member
nnn:TacoBellMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TacoBellMember
nnn:OperatingLeaseMember
nnn:GreensburgIN1Member
2020-12-31
0000751364
nnn:TacoBellMember
nnn:OperatingLeaseMember
nnn:GreensburgIN1Member
2020-01-01
2020-12-31
0000751364
nnn:TacoBellMember
nnn:OperatingLeaseMember
nnn:IndianapolisIN1Member
2020-12-31
0000751364
nnn:TacoBellMember
nnn:OperatingLeaseMember
nnn:IndianapolisIN1Member
2020-01-01
2020-12-31
0000751364
nnn:TacoBellMember
nnn:IndianapolisIN2Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TacoBellMember
nnn:IndianapolisIN2Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MadisonvilleKYMember
nnn:TacoBellMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MadisonvilleKYMember
nnn:TacoBellMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TacoBellMember
nnn:OperatingLeaseMember
nnn:OwensboroKY1Member
2020-12-31
0000751364
nnn:TacoBellMember
nnn:OperatingLeaseMember
nnn:OwensboroKY1Member
2020-01-01
2020-12-31
0000751364
nnn:ShelbyvilleINMember
nnn:TacoBellMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ShelbyvilleINMember
nnn:TacoBellMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SpeedwayINMember
nnn:TacoBellMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SpeedwayINMember
nnn:TacoBellMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TacoBellMember
nnn:TerreHauteIN1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TacoBellMember
nnn:TerreHauteIN1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TacoBellMember
nnn:TerreHauteIN2Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TacoBellMember
nnn:TerreHauteIN2Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:VincennesINMember
nnn:TacoBellMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:VincennesINMember
nnn:TacoBellMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:HialeahFL2Member
nnn:TacoBellMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TacoBellMember
nnn:AndersonSC1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TacoBellMember
nnn:AndersonSC1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AndersonSC2Member
nnn:TacoBellMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AndersonSC2Member
nnn:TacoBellMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TacoBellMember
nnn:OperatingLeaseMember
nnn:AshevilleNC1Member
2020-12-31
0000751364
nnn:TacoBellMember
nnn:OperatingLeaseMember
nnn:AshevilleNC1Member
2020-01-01
2020-12-31
0000751364
nnn:TacoBellMember
nnn:AshevilleNC2Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TacoBellMember
nnn:AshevilleNC2Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TacoBellMember
nnn:BlackMountainNC2Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TacoBellMember
nnn:BlackMountainNC2Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TacoBellMember
nnn:OperatingLeaseMember
nnn:BlueRidgeGAMember
2020-12-31
0000751364
nnn:TacoBellMember
nnn:OperatingLeaseMember
nnn:BlueRidgeGAMember
2020-01-01
2020-12-31
0000751364
nnn:TacoBellMember
nnn:CedartownGAMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TacoBellMember
nnn:CedartownGAMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TacoBellMember
nnn:DuncanSCMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TacoBellMember
nnn:DuncanSCMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:EasleySC1Member
nnn:TacoBellMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:EasleySC1Member
nnn:TacoBellMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TacoBellMember
nnn:FortPayneALMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TacoBellMember
nnn:FortPayneALMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TacoBellMember
nnn:FranklinNCMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TacoBellMember
nnn:FranklinNCMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TacoBellMember
nnn:GaffneySCMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TacoBellMember
nnn:GaffneySCMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TacoBellMember
nnn:GreenvilleSC1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TacoBellMember
nnn:GreenvilleSC1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:GreenvilleSC2Member
nnn:TacoBellMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:GreenvilleSC2Member
nnn:TacoBellMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:HendersonvilleNCMember
nnn:TacoBellMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:HendersonvilleNCMember
nnn:TacoBellMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TacoBellMember
nnn:InmanSCMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TacoBellMember
nnn:InmanSCMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TacoBellMember
nnn:LavoniaGAMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TacoBellMember
nnn:LavoniaGAMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MadisonAL1Member
nnn:TacoBellMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MadisonAL1Member
nnn:TacoBellMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TacoBellMember
nnn:OperatingLeaseMember
nnn:OneontaALMember
2020-12-31
0000751364
nnn:TacoBellMember
nnn:OperatingLeaseMember
nnn:OneontaALMember
2020-01-01
2020-12-31
0000751364
nnn:TacoBellMember
nnn:PiedmontSC1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TacoBellMember
nnn:PiedmontSC1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:PisgahForestNCMember
nnn:TacoBellMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:PisgahForestNCMember
nnn:TacoBellMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:RainsvilleALMember
nnn:TacoBellMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:RainsvilleALMember
nnn:TacoBellMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TacoBellMember
nnn:OperatingLeaseMember
nnn:SenecaSCMember
2020-12-31
0000751364
nnn:TacoBellMember
nnn:OperatingLeaseMember
nnn:SenecaSCMember
2020-01-01
2020-12-31
0000751364
nnn:TacoBellMember
nnn:SimpsonvilleSCMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TacoBellMember
nnn:SimpsonvilleSCMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SpartanburgSC2Member
nnn:TacoBellMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SpartanburgSC2Member
nnn:TacoBellMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SpartanburgSC3Member
nnn:TacoBellMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SpartanburgSC3Member
nnn:TacoBellMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SylvaNCMember
nnn:TacoBellMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SylvaNCMember
nnn:TacoBellMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TacoBellMember
nnn:ToccoaGAMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TacoBellMember
nnn:ToccoaGAMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TacoBellMember
nnn:AndersonIN1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TacoBellMember
nnn:AndersonIN1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TacoBellMember
nnn:BloomingtonIN1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TacoBellMember
nnn:BloomingtonIN1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TacoBellMember
nnn:BloomingtonIN2Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TacoBellMember
nnn:BloomingtonIN2Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:CarmelINMember
nnn:TacoBellMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:CarmelINMember
nnn:TacoBellMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TacoBellMember
nnn:OperatingLeaseMember
nnn:DalevilleINMember
2020-12-31
0000751364
nnn:TacoBellMember
nnn:OperatingLeaseMember
nnn:DalevilleINMember
2020-01-01
2020-12-31
0000751364
nnn:TacoBellMember
nnn:OperatingLeaseMember
nnn:EdinburghIN1Member
2020-12-31
0000751364
nnn:TacoBellMember
nnn:OperatingLeaseMember
nnn:EdinburghIN1Member
2020-01-01
2020-12-31
0000751364
nnn:TacoBellMember
nnn:EvansvilleIN4Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TacoBellMember
nnn:EvansvilleIN4Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TacoBellMember
nnn:OperatingLeaseMember
nnn:IndianapolisIN3Member
2020-12-31
0000751364
nnn:TacoBellMember
nnn:OperatingLeaseMember
nnn:IndianapolisIN3Member
2020-01-01
2020-12-31
0000751364
nnn:TacoBellMember
nnn:OperatingLeaseMember
nnn:IndianapolisIN4Member
2020-12-31
0000751364
nnn:TacoBellMember
nnn:OperatingLeaseMember
nnn:IndianapolisIN4Member
2020-01-01
2020-12-31
0000751364
nnn:TacoBellMember
nnn:IndianapolisIN5Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TacoBellMember
nnn:IndianapolisIN5Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:IndianapolisIN6Member
nnn:TacoBellMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:IndianapolisIN6Member
nnn:TacoBellMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TacoBellMember
nnn:IndianapolisIN7Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TacoBellMember
nnn:IndianapolisIN7Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TacoBellMember
nnn:OperatingLeaseMember
nnn:IndianapolisIN8Member
2020-12-31
0000751364
nnn:TacoBellMember
nnn:OperatingLeaseMember
nnn:IndianapolisIN8Member
2020-01-01
2020-12-31
0000751364
nnn:TacoBellMember
nnn:JasperINMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TacoBellMember
nnn:JasperINMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:NewCastleIN1Member
nnn:TacoBellMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:NewCastleIN1Member
nnn:TacoBellMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TacoBellMember
nnn:OwensboroKY2Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TacoBellMember
nnn:OwensboroKY2Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TacoBellMember
nnn:OperatingLeaseMember
nnn:ConnersvilleINMember
2020-12-31
0000751364
nnn:TacoBellMember
nnn:OperatingLeaseMember
nnn:ConnersvilleINMember
2020-01-01
2020-12-31
0000751364
nnn:TacoBellMember
nnn:LintonINMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TacoBellMember
nnn:LintonINMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TacoBellMember
nnn:OwensboroKY3Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TacoBellMember
nnn:OwensboroKY3Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TacoBellMember
nnn:OperatingLeaseMember
nnn:ArnoldMO1Member
2020-12-31
0000751364
nnn:TacoBellMember
nnn:OperatingLeaseMember
nnn:ArnoldMO1Member
2020-01-01
2020-12-31
0000751364
nnn:TacoBellMember
nnn:CollinsvilleIL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TacoBellMember
nnn:CollinsvilleIL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:EastAltonILMember
nnn:TacoBellMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:EastAltonILMember
nnn:TacoBellMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TacoBellMember
nnn:OperatingLeaseMember
nnn:EdwardsvilleIL1Member
2020-12-31
0000751364
nnn:TacoBellMember
nnn:OperatingLeaseMember
nnn:EdwardsvilleIL1Member
2020-01-01
2020-12-31
0000751364
nnn:TacoBellMember
nnn:EurekaMOMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TacoBellMember
nnn:EurekaMOMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TacoBellMember
nnn:GraniteCityIL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TacoBellMember
nnn:GraniteCityIL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TacoBellMember
nnn:HazelwoodMOMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TacoBellMember
nnn:HazelwoodMOMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TacoBellMember
nnn:OperatingLeaseMember
nnn:MarylandHeightsMOMember
2020-12-31
0000751364
nnn:TacoBellMember
nnn:OperatingLeaseMember
nnn:MarylandHeightsMOMember
2020-01-01
2020-12-31
0000751364
nnn:TacoBellMember
nnn:OFallonMO1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TacoBellMember
nnn:OFallonMO1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TacoBellMember
nnn:OFallonMO2Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TacoBellMember
nnn:OFallonMO2Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TacoBellMember
nnn:OperatingLeaseMember
nnn:St.CharlesMOMember
2020-12-31
0000751364
nnn:TacoBellMember
nnn:OperatingLeaseMember
nnn:St.CharlesMOMember
2020-01-01
2020-12-31
0000751364
nnn:TacoBellMember
nnn:St.LouisMO1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TacoBellMember
nnn:St.LouisMO1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:St.LouisMO2Member
nnn:TacoBellMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:St.LouisMO2Member
nnn:TacoBellMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TacoBellMember
nnn:OperatingLeaseMember
nnn:St.LouisMO3Member
2020-12-31
0000751364
nnn:TacoBellMember
nnn:OperatingLeaseMember
nnn:St.LouisMO3Member
2020-01-01
2020-12-31
0000751364
nnn:FayettevilleNC1Member
nnn:TacoBellMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FayettevilleNC1Member
nnn:TacoBellMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TacoBellMember
nnn:FayettevilleNC2Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TacoBellMember
nnn:FayettevilleNC2Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TacoBellMember
nnn:FayettevilleNC3Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TacoBellMember
nnn:FayettevilleNC3Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TacoBellMember
nnn:OperatingLeaseMember
nnn:FayettevilleNC4Member
2020-12-31
0000751364
nnn:TacoBellMember
nnn:OperatingLeaseMember
nnn:FayettevilleNC4Member
2020-01-01
2020-12-31
0000751364
nnn:TacoBellMember
nnn:FayettevilleNC5Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TacoBellMember
nnn:FayettevilleNC5Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TacoBellMember
nnn:FayettevilleNC6Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TacoBellMember
nnn:FayettevilleNC6Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TacoBellMember
nnn:FayettevilleNC7Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TacoBellMember
nnn:FayettevilleNC7Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FayettevilleNC8Member
nnn:TacoBellMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FayettevilleNC8Member
nnn:TacoBellMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TacoBellMember
nnn:FayettevilleNC9Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TacoBellMember
nnn:FayettevilleNC9Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TacoBellMember
nnn:HollyRidgeNCMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TacoBellMember
nnn:HollyRidgeNCMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TacoBellMember
nnn:HopeMillsNCMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TacoBellMember
nnn:HopeMillsNCMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TacoBellMember
nnn:JacksonvilleNC1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TacoBellMember
nnn:JacksonvilleNC1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TacoBellMember
nnn:JacksonvilleNC2Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TacoBellMember
nnn:JacksonvilleNC2Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:JacksonvilleNC3Member
nnn:TacoBellMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:JacksonvilleNC3Member
nnn:TacoBellMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TacoBellMember
nnn:JacksonvilleNC4Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TacoBellMember
nnn:JacksonvilleNC4Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:LelandNC1Member
nnn:TacoBellMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:LelandNC1Member
nnn:TacoBellMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TacoBellMember
nnn:LumbertonNC1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TacoBellMember
nnn:LumbertonNC1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TacoBellMember
nnn:OperatingLeaseMember
nnn:MidwayParkNCMember
2020-12-31
0000751364
nnn:TacoBellMember
nnn:OperatingLeaseMember
nnn:MidwayParkNCMember
2020-01-01
2020-12-31
0000751364
nnn:TacoBellMember
nnn:PembrokeNCMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TacoBellMember
nnn:PembrokeNCMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SaintPaulsNCMember
nnn:TacoBellMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SaintPaulsNCMember
nnn:TacoBellMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TacoBellMember
nnn:ShallotteNCMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TacoBellMember
nnn:ShallotteNCMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TacoBellMember
nnn:SpringLakeNCMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TacoBellMember
nnn:SpringLakeNCMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TacoBellMember
nnn:OperatingLeaseMember
nnn:WhitevilleNCMember
2020-12-31
0000751364
nnn:TacoBellMember
nnn:OperatingLeaseMember
nnn:WhitevilleNCMember
2020-01-01
2020-12-31
0000751364
nnn:TacoBellMember
nnn:WilmingtonNC1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TacoBellMember
nnn:WilmingtonNC1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:WilmingtonNC2Member
nnn:TacoBellMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:WilmingtonNC2Member
nnn:TacoBellMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TacoBellMember
nnn:OperatingLeaseMember
nnn:WilmingtonNC3Member
2020-12-31
0000751364
nnn:TacoBellMember
nnn:OperatingLeaseMember
nnn:WilmingtonNC3Member
2020-01-01
2020-12-31
0000751364
nnn:SwansboroNCMember
nnn:TacoBellMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SwansboroNCMember
nnn:TacoBellMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TacoBellMember
nnn:BuffaloGroveILMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TacoBellMember
nnn:BuffaloGroveILMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ColumbiaCityINMember
nnn:TacoBellMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ColumbiaCityINMember
nnn:TacoBellMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TacoBellMember
nnn:DowagiacMI1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TacoBellMember
nnn:DowagiacMI1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TacoBellMember
nnn:OperatingLeaseMember
nnn:EdwardsburgMIMember
2020-12-31
0000751364
nnn:TacoBellMember
nnn:OperatingLeaseMember
nnn:EdwardsburgMIMember
2020-01-01
2020-12-31
0000751364
nnn:ElkhartIN1Member
nnn:TacoBellMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ElkhartIN1Member
nnn:TacoBellMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TacoBellMember
nnn:FoxLakeILMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TacoBellMember
nnn:FoxLakeILMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TacoBellMember
nnn:FreeportILMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TacoBellMember
nnn:FreeportILMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TacoBellMember
nnn:KendallvilleIN1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TacoBellMember
nnn:KendallvilleIN1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TacoBellMember
nnn:KnoxINMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TacoBellMember
nnn:KnoxINMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:LakeDeltonWI1Member
nnn:TacoBellMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:LakeDeltonWI1Member
nnn:TacoBellMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:LakeInTheHillsILMember
nnn:TacoBellMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:LakeInTheHillsILMember
nnn:TacoBellMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TacoBellMember
nnn:LigonierINMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TacoBellMember
nnn:LigonierINMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TacoBellMember
nnn:OperatingLeaseMember
nnn:LindenhurstILMember
2020-12-31
0000751364
nnn:TacoBellMember
nnn:OperatingLeaseMember
nnn:LindenhurstILMember
2020-01-01
2020-12-31
0000751364
nnn:TacoBellMember
nnn:McHenryILMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TacoBellMember
nnn:McHenryILMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TacoBellMember
nnn:MonroeWIMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TacoBellMember
nnn:MonroeWIMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TacoBellMember
nnn:MundeleinIL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TacoBellMember
nnn:MundeleinIL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TacoBellMember
nnn:MundeleinIL2Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TacoBellMember
nnn:MundeleinIL2Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:NappaneeINMember
nnn:TacoBellMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:NappaneeINMember
nnn:TacoBellMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TacoBellMember
nnn:OperatingLeaseMember
nnn:PortageWIMember
2020-12-31
0000751364
nnn:TacoBellMember
nnn:OperatingLeaseMember
nnn:PortageWIMember
2020-01-01
2020-12-31
0000751364
nnn:TacoBellMember
nnn:RichlandCenterWIMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TacoBellMember
nnn:RichlandCenterWIMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TacoBellMember
nnn:RochesterINMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TacoBellMember
nnn:RochesterINMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TacoBellMember
nnn:RockfordIL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TacoBellMember
nnn:RockfordIL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:RoscoeILMember
nnn:TacoBellMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:RoscoeILMember
nnn:TacoBellMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TacoBellMember
nnn:RoselandINMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TacoBellMember
nnn:RoselandINMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:RoundLakeBeachILMember
nnn:TacoBellMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:RoundLakeBeachILMember
nnn:TacoBellMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TacoBellMember
nnn:OperatingLeaseMember
nnn:SouthBendIN1Member
2020-12-31
0000751364
nnn:TacoBellMember
nnn:OperatingLeaseMember
nnn:SouthBendIN1Member
2020-01-01
2020-12-31
0000751364
nnn:TacoBellMember
nnn:OperatingLeaseMember
nnn:SouthBendIN2Member
2020-12-31
0000751364
nnn:TacoBellMember
nnn:OperatingLeaseMember
nnn:SouthBendIN2Member
2020-01-01
2020-12-31
0000751364
nnn:TacoBellMember
nnn:OperatingLeaseMember
nnn:SouthBendIN3Member
2020-12-31
0000751364
nnn:TacoBellMember
nnn:OperatingLeaseMember
nnn:SouthBendIN3Member
2020-01-01
2020-12-31
0000751364
nnn:TacoBellMember
nnn:St.JosephMIMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TacoBellMember
nnn:St.JosephMIMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TacoBellMember
nnn:OperatingLeaseMember
nnn:WatervlietMIMember
2020-12-31
0000751364
nnn:TacoBellMember
nnn:OperatingLeaseMember
nnn:WatervlietMIMember
2020-01-01
2020-12-31
0000751364
nnn:TacoBellMember
nnn:WaucondaIL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TacoBellMember
nnn:WaucondaIL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TacoBellMember
nnn:WaukeganIL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TacoBellMember
nnn:WaukeganIL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:WestBarabooWI1Member
nnn:TacoBellMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:WestBarabooWI1Member
nnn:TacoBellMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TacoBellMember
nnn:OperatingLeaseMember
nnn:WheelingIL1Member
2020-12-31
0000751364
nnn:TacoBellMember
nnn:OperatingLeaseMember
nnn:WheelingIL1Member
2020-01-01
2020-12-31
0000751364
nnn:WinnebagoIL1Member
nnn:TacoBellMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:WinnebagoIL1Member
nnn:TacoBellMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TacoBellMember
nnn:OperatingLeaseMember
nnn:WisconsinDellsWI1Member
2020-12-31
0000751364
nnn:TacoBellMember
nnn:OperatingLeaseMember
nnn:WisconsinDellsWI1Member
2020-01-01
2020-12-31
0000751364
nnn:TacoBellMember
nnn:ZionIL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TacoBellMember
nnn:ZionIL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:TacoBuenoMember
nnn:MooreOK1Member
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:TacoBuenoMember
nnn:MooreOK1Member
2020-01-01
2020-12-31
0000751364
nnn:FlowerMoundTX1Member
nnn:OperatingLeaseMember
nnn:TacoBuenoMember
2020-12-31
0000751364
nnn:FlowerMoundTX1Member
nnn:OperatingLeaseMember
nnn:TacoBuenoMember
2020-01-01
2020-12-31
0000751364
nnn:SulphurSpringsTX1Member
nnn:OperatingLeaseMember
nnn:TacoBuenoMember
2020-12-31
0000751364
nnn:SulphurSpringsTX1Member
nnn:OperatingLeaseMember
nnn:TacoBuenoMember
2020-01-01
2020-12-31
0000751364
nnn:TacoCabanaMember
nnn:AustinTX1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TacoCabanaMember
nnn:AustinTX1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:HoustonTX1Member
nnn:TacoCabanaMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:HoustonTX1Member
nnn:TacoCabanaMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TacoCabanaMember
nnn:OperatingLeaseMember
nnn:HoustonTX2Member
2020-12-31
0000751364
nnn:TacoCabanaMember
nnn:OperatingLeaseMember
nnn:HoustonTX2Member
2020-01-01
2020-12-31
0000751364
nnn:TacoCabanaMember
nnn:HoustonTX3Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TacoCabanaMember
nnn:HoustonTX3Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TacoCabanaMember
nnn:SanAntonioTX1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TacoCabanaMember
nnn:SanAntonioTX1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TamarindRestaurantMember
nnn:OperatingLeaseMember
nnn:TucsonAZ1Member
2020-12-31
0000751364
nnn:TamarindRestaurantMember
nnn:OperatingLeaseMember
nnn:TucsonAZ1Member
2020-01-01
2020-12-31
0000751364
nnn:GrandJunctionCO1Member
nnn:OperatingLeaseMember
nnn:TexasRoadhouseMember
2020-12-31
0000751364
nnn:GrandJunctionCO1Member
nnn:OperatingLeaseMember
nnn:TexasRoadhouseMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:PalmBayFL1Member
nnn:TexasRoadhouseMember
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:PalmBayFL1Member
nnn:TexasRoadhouseMember
2020-01-01
2020-12-31
0000751364
nnn:TGIFridaysMember
nnn:OperatingLeaseMember
nnn:CorpusChristiTX1Member
2020-12-31
0000751364
nnn:TGIFridaysMember
nnn:OperatingLeaseMember
nnn:CorpusChristiTX1Member
2020-01-01
2020-12-31
0000751364
nnn:MasonOH1Member
nnn:TheBeachMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MasonOH1Member
nnn:TheBeachMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TheContainerStoreMember
nnn:OperatingLeaseMember
nnn:PlanoTX1Member
2020-12-31
0000751364
nnn:TheContainerStoreMember
nnn:OperatingLeaseMember
nnn:PlanoTX1Member
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:MuscleShoalsAL1Member
nnn:TheJuicySeafoodRestaurantMember
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:MuscleShoalsAL1Member
nnn:TheJuicySeafoodRestaurantMember
2020-01-01
2020-12-31
0000751364
nnn:OverlandParkKS1Member
nnn:TheShackMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:OverlandParkKS1Member
nnn:TheShackMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TheSheddRentItAllMember
nnn:TigardORMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TheSheddRentItAllMember
nnn:TigardORMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:CincinnatiOH1Member
nnn:TheSnootyFoxMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:CincinnatiOH1Member
nnn:TheSnootyFoxMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TheTileShopMember
nnn:ScarsdaleNY1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TheTileShopMember
nnn:ScarsdaleNY1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TheTileShopMember
nnn:BufordGA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TheTileShopMember
nnn:BufordGA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ParmaOHMember
nnn:ThirdFederalSavingsMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ParmaOHMember
nnn:ThirdFederalSavingsMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SarasotaFL1Member
nnn:TileOutletsofAmericaMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SarasotaFL1Member
nnn:TileOutletsofAmericaMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:TireEngineersMember
nnn:AmarilloTX1Member
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:TireEngineersMember
nnn:AmarilloTX1Member
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:TireEngineersMember
nnn:ColumbiaSC1Member
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:TireEngineersMember
nnn:ColumbiaSC1Member
2020-01-01
2020-12-31
0000751364
nnn:ColumbiaSC2Member
nnn:OperatingLeaseMember
nnn:TireEngineersMember
2020-12-31
0000751364
nnn:ColumbiaSC2Member
nnn:OperatingLeaseMember
nnn:TireEngineersMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:TireEngineersMember
nnn:LexingtonSC1Member
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:TireEngineersMember
nnn:LexingtonSC1Member
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:TireEngineersMember
nnn:OrangeburgSC1Member
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:TireEngineersMember
nnn:OrangeburgSC1Member
2020-01-01
2020-12-31
0000751364
nnn:WestColumbiaSC1Member
nnn:OperatingLeaseMember
nnn:TireEngineersMember
2020-12-31
0000751364
nnn:WestColumbiaSC1Member
nnn:OperatingLeaseMember
nnn:TireEngineersMember
2020-01-01
2020-12-31
0000751364
nnn:PoolerGA1Member
nnn:OperatingLeaseMember
nnn:TireEngineersMember
2020-12-31
0000751364
nnn:PoolerGA1Member
nnn:OperatingLeaseMember
nnn:TireEngineersMember
2020-01-01
2020-12-31
0000751364
nnn:SanfordFL1Member
nnn:OperatingLeaseMember
nnn:TireKingdomMember
2020-12-31
0000751364
nnn:SanfordFL1Member
nnn:OperatingLeaseMember
nnn:TireKingdomMember
2020-01-01
2020-12-31
0000751364
nnn:WarrentonVA1Member
nnn:TireZoneMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:WarrentonVA1Member
nnn:TireZoneMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TitleMaxMember
nnn:GenevaILMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TitleMaxMember
nnn:GenevaILMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TitleMaxMember
nnn:MobileAL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TitleMaxMember
nnn:MobileAL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TitleMaxMember
nnn:OperatingLeaseMember
nnn:DallasTX1Member
2020-12-31
0000751364
nnn:TitleMaxMember
nnn:OperatingLeaseMember
nnn:DallasTX1Member
2020-01-01
2020-12-31
0000751364
nnn:TitleMaxMember
nnn:OperatingLeaseMember
nnn:AikenSC1Member
2020-12-31
0000751364
nnn:TitleMaxMember
nnn:OperatingLeaseMember
nnn:AikenSC1Member
2020-01-01
2020-12-31
0000751364
nnn:TitleMaxMember
nnn:AnnistonAL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TitleMaxMember
nnn:AnnistonAL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TitleMaxMember
nnn:BerkeleyMO1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TitleMaxMember
nnn:BerkeleyMO1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TitleMaxMember
nnn:OperatingLeaseMember
nnn:CherawSC1Member
2020-12-31
0000751364
nnn:TitleMaxMember
nnn:OperatingLeaseMember
nnn:CherawSC1Member
2020-01-01
2020-12-31
0000751364
nnn:TitleMaxMember
nnn:OperatingLeaseMember
nnn:ColumbiaSC1Member
2020-12-31
0000751364
nnn:TitleMaxMember
nnn:OperatingLeaseMember
nnn:ColumbiaSC1Member
2020-01-01
2020-12-31
0000751364
nnn:DaltonGA1Member
nnn:TitleMaxMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:DaltonGA1Member
nnn:TitleMaxMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TitleMaxMember
nnn:DarlingtonSC1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TitleMaxMember
nnn:DarlingtonSC1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TitleMaxMember
nnn:FairfieldAL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TitleMaxMember
nnn:FairfieldAL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TitleMaxMember
nnn:GadsdenAL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TitleMaxMember
nnn:GadsdenAL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TitleMaxMember
nnn:HueytownAL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TitleMaxMember
nnn:HueytownAL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TitleMaxMember
nnn:JonesboroGA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TitleMaxMember
nnn:JonesboroGA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TitleMaxMember
nnn:LawrencevilleGA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TitleMaxMember
nnn:LawrencevilleGA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TitleMaxMember
nnn:LewisburgTN1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TitleMaxMember
nnn:LewisburgTN1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TitleMaxMember
nnn:OperatingLeaseMember
nnn:MaconGA1Member
2020-12-31
0000751364
nnn:TitleMaxMember
nnn:OperatingLeaseMember
nnn:MaconGA1Member
2020-01-01
2020-12-31
0000751364
nnn:TitleMaxMember
nnn:MariettaGA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TitleMaxMember
nnn:MariettaGA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TitleMaxMember
nnn:MemphisTN1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TitleMaxMember
nnn:MemphisTN1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TitleMaxMember
nnn:MemphisTN2Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TitleMaxMember
nnn:MemphisTN2Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TitleMaxMember
nnn:MontgomeryAL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TitleMaxMember
nnn:MontgomeryAL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TitleMaxMember
nnn:NashvilleTN1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TitleMaxMember
nnn:NashvilleTN1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TitleMaxMember
nnn:OperatingLeaseMember
nnn:NashvilleTN2Member
2020-12-31
0000751364
nnn:TitleMaxMember
nnn:OperatingLeaseMember
nnn:NashvilleTN2Member
2020-01-01
2020-12-31
0000751364
nnn:TitleMaxMember
nnn:NorcrossGA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TitleMaxMember
nnn:NorcrossGA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TitleMaxMember
nnn:OperatingLeaseMember
nnn:PulaskiTN1Member
2020-12-31
0000751364
nnn:TitleMaxMember
nnn:OperatingLeaseMember
nnn:PulaskiTN1Member
2020-01-01
2020-12-31
0000751364
nnn:TitleMaxMember
nnn:RiverdaleGA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TitleMaxMember
nnn:RiverdaleGA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TitleMaxMember
nnn:SpringfieldMO1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TitleMaxMember
nnn:SpringfieldMO1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TitleMaxMember
nnn:OperatingLeaseMember
nnn:SpringfieldMO2Member
2020-12-31
0000751364
nnn:TitleMaxMember
nnn:OperatingLeaseMember
nnn:SpringfieldMO2Member
2020-01-01
2020-12-31
0000751364
nnn:TitleMaxMember
nnn:St.LouisMO1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TitleMaxMember
nnn:St.LouisMO1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TitleMaxMember
nnn:St.LouisMO2Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TitleMaxMember
nnn:St.LouisMO2Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TitleMaxMember
nnn:SylacaugaAL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TitleMaxMember
nnn:SylacaugaAL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TitleMaxMember
nnn:TaylorsSC1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TitleMaxMember
nnn:TaylorsSC1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TitleMaxMember
nnn:BayMinetteAL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TitleMaxMember
nnn:BayMinetteAL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TitleMaxMember
nnn:N.RichlandHillsTX1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TitleMaxMember
nnn:N.RichlandHillsTX1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TitleMaxMember
nnn:PetersburgVA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TitleMaxMember
nnn:PetersburgVA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TitleMaxMember
nnn:SavannahGA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TitleMaxMember
nnn:SavannahGA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TitleMaxMember
nnn:FortWorthTX1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TitleMaxMember
nnn:FortWorthTX1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TitleMaxMember
nnn:OperatingLeaseMember
nnn:HooverAL1Member
2020-12-31
0000751364
nnn:TitleMaxMember
nnn:OperatingLeaseMember
nnn:HooverAL1Member
2020-01-01
2020-12-31
0000751364
nnn:TitleMaxMember
nnn:EufaulaAL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TitleMaxMember
nnn:EufaulaAL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:KansasCityMO1Member
nnn:TitleMaxMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:KansasCityMO1Member
nnn:TitleMaxMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TitleMaxMember
nnn:OperatingLeaseMember
nnn:ArnoldMO1Member
2020-12-31
0000751364
nnn:TitleMaxMember
nnn:OperatingLeaseMember
nnn:ArnoldMO1Member
2020-01-01
2020-12-31
0000751364
nnn:TitleMaxMember
nnn:BristolVA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TitleMaxMember
nnn:BristolVA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TitleMaxMember
nnn:FairviewHeightsIL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TitleMaxMember
nnn:FairviewHeightsIL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TitleMaxMember
nnn:FlorissantMO1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TitleMaxMember
nnn:FlorissantMO1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TitleMaxMember
nnn:GreenvilleSC1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TitleMaxMember
nnn:GreenvilleSC1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TitleMaxMember
nnn:OperatingLeaseMember
nnn:JonesboroGA2Member
2020-12-31
0000751364
nnn:TitleMaxMember
nnn:OperatingLeaseMember
nnn:JonesboroGA2Member
2020-01-01
2020-12-31
0000751364
nnn:TitleMaxMember
nnn:OperatingLeaseMember
nnn:OliveBranchMS1Member
2020-12-31
0000751364
nnn:TitleMaxMember
nnn:OperatingLeaseMember
nnn:OliveBranchMS1Member
2020-01-01
2020-12-31
0000751364
nnn:TitleMaxMember
nnn:SugarCreekMO1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TitleMaxMember
nnn:SugarCreekMO1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TitleMaxMember
nnn:OperatingLeaseMember
nnn:RoanokeVA1Member
2020-12-31
0000751364
nnn:TitleMaxMember
nnn:OperatingLeaseMember
nnn:RoanokeVA1Member
2020-01-01
2020-12-31
0000751364
nnn:TitleMaxMember
nnn:OperatingLeaseMember
nnn:FredericksburgVA1Member
2020-12-31
0000751364
nnn:TitleMaxMember
nnn:OperatingLeaseMember
nnn:FredericksburgVA1Member
2020-01-01
2020-12-31
0000751364
nnn:TitleMaxMember
nnn:FlorissantMO2Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TitleMaxMember
nnn:FlorissantMO2Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SavannahGA2Member
nnn:TitleMaxMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SavannahGA2Member
nnn:TitleMaxMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TitleMaxMember
nnn:SouthBostonVA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TitleMaxMember
nnn:SouthBostonVA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TitleMaxMember
nnn:OFallonMO1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TitleMaxMember
nnn:OFallonMO1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TitleMaxMember
nnn:CrestHillIL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TitleMaxMember
nnn:CrestHillIL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TitleMaxMember
nnn:OperatingLeaseMember
nnn:St.LouisMO3Member
2020-12-31
0000751364
nnn:TitleMaxMember
nnn:OperatingLeaseMember
nnn:St.LouisMO3Member
2020-01-01
2020-12-31
0000751364
nnn:LewisvilleTX1Member
nnn:OperatingLeaseMember
nnn:TMobileMember
2020-12-31
0000751364
nnn:LewisvilleTX1Member
nnn:OperatingLeaseMember
nnn:TMobileMember
2020-01-01
2020-12-31
0000751364
nnn:ElRenoOK1Member
nnn:OperatingLeaseMember
nnn:TMobileMember
2020-12-31
0000751364
nnn:ElRenoOK1Member
nnn:OperatingLeaseMember
nnn:TMobileMember
2020-01-01
2020-12-31
0000751364
nnn:MontgomeryAL1Member
nnn:OperatingLeaseMember
nnn:TonysTiresMember
2020-12-31
0000751364
nnn:MontgomeryAL1Member
nnn:OperatingLeaseMember
nnn:TonysTiresMember
2020-01-01
2020-12-31
0000751364
nnn:TopGolfMember
nnn:ChesterfieldMO1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TopGolfMember
nnn:ChesterfieldMO1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:TusconAZ1Member
nnn:TopGolfMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TusconAZ1Member
nnn:TopGolfMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:GlendaleAZ1Member
nnn:TopGolfMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:GlendaleAZ1Member
nnn:TopGolfMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:LakeMaryFL1Member
nnn:TopGolfMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TutorTimeMember
nnn:ElkGroveCA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TutorTimeMember
nnn:ElkGroveCA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:BeaumontTX1Member
nnn:OperatingLeaseMember
nnn:TwinPeaksMember
2020-12-31
0000751364
nnn:BeaumontTX1Member
nnn:OperatingLeaseMember
nnn:TwinPeaksMember
2020-01-01
2020-12-31
0000751364
nnn:OlatheKS1Member
nnn:OperatingLeaseMember
nnn:TwinPeaksMember
2020-12-31
0000751364
nnn:OlatheKS1Member
nnn:OperatingLeaseMember
nnn:TwinPeaksMember
2020-01-01
2020-12-31
0000751364
nnn:FlorissantMO3Member
nnn:OperatingLeaseMember
nnn:ULTASalonCosmeticsandFragranceMember
2020-12-31
0000751364
nnn:FlorissantMO3Member
nnn:OperatingLeaseMember
nnn:ULTASalonCosmeticsandFragranceMember
2020-01-01
2020-12-31
0000751364
nnn:LapeerMI1Member
nnn:OperatingLeaseMember
nnn:ULTASalonCosmeticsandFragranceMember
2020-12-31
0000751364
nnn:LapeerMI1Member
nnn:OperatingLeaseMember
nnn:ULTASalonCosmeticsandFragranceMember
2020-01-01
2020-12-31
0000751364
nnn:MobileAL1Member
nnn:OperatingLeaseMember
nnn:UltraCarWashMember
2020-12-31
0000751364
nnn:MobileAL1Member
nnn:OperatingLeaseMember
nnn:UltraCarWashMember
2020-01-01
2020-12-31
0000751364
nnn:LilburnGA1Member
nnn:OperatingLeaseMember
nnn:UltraCarWashMember
2020-12-31
0000751364
nnn:LilburnGA1Member
nnn:OperatingLeaseMember
nnn:UltraCarWashMember
2020-01-01
2020-12-31
0000751364
nnn:EastBradyPA1Member
nnn:UniMartMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:EastBradyPA1Member
nnn:UniMartMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:PortVuePA1Member
nnn:UniMartMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:PortVuePA1Member
nnn:UniMartMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:UniMartMember
nnn:PunxsutawneyPA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:UniMartMember
nnn:PunxsutawneyPA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:UniMartMember
nnn:OperatingLeaseMember
nnn:WilkesBarrePA1Member
2020-12-31
0000751364
nnn:UniMartMember
nnn:OperatingLeaseMember
nnn:WilkesBarrePA1Member
2020-01-01
2020-12-31
0000751364
nnn:WilkesBarrePA2Member
nnn:UniMartMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:WilkesBarrePA2Member
nnn:UniMartMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:WilliamsportPA1Member
nnn:UniMartMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:WilliamsportPA1Member
nnn:UniMartMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:UniMartMember
nnn:OperatingLeaseMember
nnn:MountaintopPA1Member
2020-12-31
0000751364
nnn:UniMartMember
nnn:OperatingLeaseMember
nnn:MountaintopPA1Member
2020-01-01
2020-12-31
0000751364
nnn:UniMartMember
nnn:OperatingLeaseMember
nnn:EffortPA1Member
2020-12-31
0000751364
nnn:UniMartMember
nnn:OperatingLeaseMember
nnn:EffortPA1Member
2020-01-01
2020-12-31
0000751364
nnn:UniMartMember
nnn:MilesburgPA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:UniMartMember
nnn:MilesburgPA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:UniMartMember
nnn:OperatingLeaseMember
nnn:PunxsutawneyPA2Member
2020-12-31
0000751364
nnn:UniMartMember
nnn:OperatingLeaseMember
nnn:PunxsutawneyPA2Member
2020-01-01
2020-12-31
0000751364
nnn:UnitedRentalsMember
nnn:CedarParkTX1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:UnitedRentalsMember
nnn:CedarParkTX1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ClearwaterFL1Member
nnn:UnitedRentalsMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ClearwaterFL1Member
nnn:UnitedRentalsMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FortCollinsCO1Member
nnn:UnitedRentalsMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FortCollinsCO1Member
nnn:UnitedRentalsMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:IrvingTX1Member
nnn:UnitedRentalsMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:IrvingTX1Member
nnn:UnitedRentalsMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:LaPorteTXMember
nnn:UnitedRentalsMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:LaPorteTXMember
nnn:UnitedRentalsMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:UnitedRentalsMember
nnn:LittletonCOMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:UnitedRentalsMember
nnn:LittletonCOMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:UnitedRentalsMember
nnn:OperatingLeaseMember
nnn:OklahomaCityOK1Member
2020-12-31
0000751364
nnn:UnitedRentalsMember
nnn:OperatingLeaseMember
nnn:OklahomaCityOK1Member
2020-01-01
2020-12-31
0000751364
nnn:PerrysburgOH1Member
nnn:UnitedRentalsMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:PerrysburgOH1Member
nnn:UnitedRentalsMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:UnitedRentalsMember
nnn:OperatingLeaseMember
nnn:PlanoTX1Member
2020-12-31
0000751364
nnn:UnitedRentalsMember
nnn:OperatingLeaseMember
nnn:PlanoTX1Member
2020-01-01
2020-12-31
0000751364
nnn:FortWorthTX2Member
nnn:UnitedRentalsMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FortWorthTX2Member
nnn:UnitedRentalsMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FortWorthTX3Member
nnn:UnitedRentalsMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MelbourneFLMember
nnn:UnitedRentalsMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MelbourneFLMember
nnn:UnitedRentalsMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:UniversityofPhoenixMember
nnn:GlenAllenVA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:UniversityofPhoenixMember
nnn:GlenAllenVA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:BeaumontTX2Member
nnn:UrbanAirMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:BeaumontTX2Member
nnn:UrbanAirMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:UrbanTandoorIndianWineDineMember
nnn:OperatingLeaseMember
nnn:ColoradoSpringsCO1Member
2020-12-31
0000751364
nnn:UrbanTandoorIndianWineDineMember
nnn:OperatingLeaseMember
nnn:ColoradoSpringsCO1Member
2020-01-01
2020-12-31
0000751364
nnn:KelsoWAMember
nnn:VacantLandMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:HadleyMAMember
nnn:VacantLandMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:VacantLandMember
nnn:OperatingLeaseMember
nnn:BakersfieldCAMember
2020-12-31
0000751364
nnn:VacantPropertyMember
nnn:OperatingLeaseMember
nnn:EvanstonIL1Member
2020-12-31
0000751364
nnn:VacantPropertyMember
nnn:OperatingLeaseMember
nnn:EvanstonIL1Member
2020-01-01
2020-12-31
0000751364
nnn:VacantPropertyMember
nnn:AnchorageAK1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:VacantPropertyMember
nnn:AnchorageAK1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:VacantPropertyMember
nnn:MemphisTN1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:VacantPropertyMember
nnn:MemphisTN1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ConyersGA1Member
nnn:VacantPropertyMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ConyersGA1Member
nnn:VacantPropertyMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:VacantPropertyMember
nnn:ReddingCA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:VacantPropertyMember
nnn:ReddingCA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:VacantPropertyMember
nnn:SanfordFL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:VacantPropertyMember
nnn:SanfordFL1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:VacantPropertyMember
nnn:LynchburgVA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:VacantPropertyMember
nnn:LynchburgVA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:VacantPropertyMember
nnn:SealyTX1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:VacantPropertyMember
nnn:SealyTX1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:VacantPropertyMember
nnn:AlpharettaGA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:VacantPropertyMember
nnn:AlpharettaGA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:LubbockTX1Member
nnn:VacantPropertyMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:LubbockTX1Member
nnn:VacantPropertyMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:VacantPropertyMember
nnn:TempeAZ1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:VacantPropertyMember
nnn:TempeAZ1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MidlandMI1Member
nnn:VacantPropertyMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MidlandMI1Member
nnn:VacantPropertyMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:VacantPropertyMember
nnn:LapeerMI1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:VacantPropertyMember
nnn:LapeerMI1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:HoustonTX1Member
nnn:VacantPropertyMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:HoustonTX1Member
nnn:VacantPropertyMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:VacantPropertyMember
nnn:RidgelandMS1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:VacantPropertyMember
nnn:RidgelandMS1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:VacantPropertyMember
nnn:OperatingLeaseMember
nnn:AustintownOHMember
2020-12-31
0000751364
nnn:VacantPropertyMember
nnn:OperatingLeaseMember
nnn:AustintownOHMember
2020-01-01
2020-12-31
0000751364
nnn:VacantPropertyMember
nnn:OperatingLeaseMember
nnn:BoardmanTownshipOH1Member
2020-12-31
0000751364
nnn:VacantPropertyMember
nnn:OperatingLeaseMember
nnn:BoardmanTownshipOH1Member
2020-01-01
2020-12-31
0000751364
nnn:VacantPropertyMember
nnn:OperatingLeaseMember
nnn:HermitagePA1Member
2020-12-31
0000751364
nnn:VacantPropertyMember
nnn:OperatingLeaseMember
nnn:HermitagePA1Member
2020-01-01
2020-12-31
0000751364
nnn:VacantPropertyMember
nnn:OperatingLeaseMember
nnn:NorthRichlandHillsTXMember
2020-12-31
0000751364
nnn:VacantPropertyMember
nnn:OperatingLeaseMember
nnn:NorthRichlandHillsTXMember
2020-01-01
2020-12-31
0000751364
nnn:VacantPropertyMember
nnn:St.LouisMO1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:VacantPropertyMember
nnn:St.LouisMO1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:VacantPropertyMember
nnn:OperatingLeaseMember
nnn:GreenwoodIN1Member
2020-12-31
0000751364
nnn:VacantPropertyMember
nnn:OperatingLeaseMember
nnn:GreenwoodIN1Member
2020-01-01
2020-12-31
0000751364
nnn:VacantPropertyMember
nnn:SouthavenMSMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:VacantPropertyMember
nnn:SouthavenMSMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:LebanonTN1Member
nnn:VacantPropertyMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:LebanonTN1Member
nnn:VacantPropertyMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:VacantPropertyMember
nnn:OperatingLeaseMember
nnn:MebaneNC1Member
2020-12-31
0000751364
nnn:VacantPropertyMember
nnn:OperatingLeaseMember
nnn:MebaneNC1Member
2020-01-01
2020-12-31
0000751364
nnn:VacantPropertyMember
nnn:PiedmontSC1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:VacantPropertyMember
nnn:PiedmontSC1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:VacantPropertyMember
nnn:OperatingLeaseMember
nnn:RochesterNY1Member
2020-12-31
0000751364
nnn:VacantPropertyMember
nnn:OperatingLeaseMember
nnn:RochesterNY1Member
2020-01-01
2020-12-31
0000751364
nnn:VacantPropertyMember
nnn:ColumbusMS1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:VacantPropertyMember
nnn:ColumbusMS1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:BayCityMI1Member
nnn:VacantPropertyMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:BayCityMI1Member
nnn:VacantPropertyMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:VacantPropertyMember
nnn:BendOR1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:VacantPropertyMember
nnn:BendOR1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:VacantPropertyMember
nnn:OshkoshWI1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:VacantPropertyMember
nnn:OshkoshWI1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:VacantPropertyMember
nnn:FortWorthTX1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:VacantPropertyMember
nnn:FortWorthTX1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AvonIN1Member
nnn:VacantPropertyMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AvonIN1Member
nnn:VacantPropertyMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:VacantPropertyMember
nnn:LincolnshireILMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:VacantPropertyMember
nnn:LincolnshireILMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:VacantPropertyMember
nnn:ChesterVA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:VacantPropertyMember
nnn:ChesterVA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:VacantPropertyMember
nnn:OperatingLeaseMember
nnn:KnoxvilleTN1Member
2020-12-31
0000751364
nnn:VacantPropertyMember
nnn:OperatingLeaseMember
nnn:KnoxvilleTN1Member
2020-01-01
2020-12-31
0000751364
nnn:GonzalesLA1Member
nnn:VacantPropertyMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:GonzalesLA1Member
nnn:VacantPropertyMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:VacantPropertyMember
nnn:ChestertownMDMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:VacantPropertyMember
nnn:ChestertownMDMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:VacantPropertyMember
nnn:WyomingMI1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:VacantPropertyMember
nnn:WyomingMI1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:VacantPropertyMember
nnn:OperatingLeaseMember
nnn:SaginawMI1Member
2020-12-31
0000751364
nnn:VacantPropertyMember
nnn:OperatingLeaseMember
nnn:SaginawMI1Member
2020-01-01
2020-12-31
0000751364
nnn:StatesvilleNC1Member
nnn:VacantPropertyMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:StatesvilleNC1Member
nnn:VacantPropertyMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:VacantPropertyMember
nnn:OperatingLeaseMember
nnn:MontgomeryAL2Member
2020-12-31
0000751364
nnn:VacantPropertyMember
nnn:OperatingLeaseMember
nnn:MontgomeryAL2Member
2020-01-01
2020-12-31
0000751364
nnn:VacantPropertyMember
nnn:OperatingLeaseMember
nnn:SpokaneWA1Member
2020-12-31
0000751364
nnn:VacantPropertyMember
nnn:OperatingLeaseMember
nnn:SpokaneWA1Member
2020-01-01
2020-12-31
0000751364
nnn:VacantPropertyMember
nnn:WestBendWIMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:VacantPropertyMember
nnn:WestBendWIMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:GreenvilleTNMember
nnn:VacantPropertyMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:GreenvilleTNMember
nnn:VacantPropertyMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:VacantPropertyMember
nnn:OperatingLeaseMember
nnn:NorthCantonOHMember
2020-12-31
0000751364
nnn:VacantPropertyMember
nnn:OperatingLeaseMember
nnn:NorthCantonOHMember
2020-01-01
2020-12-31
0000751364
nnn:VacantPropertyMember
nnn:OperatingLeaseMember
nnn:OrangeParkFL1Member
2020-12-31
0000751364
nnn:VacantPropertyMember
nnn:OperatingLeaseMember
nnn:OrangeParkFL1Member
2020-01-01
2020-12-31
0000751364
nnn:VacantPropertyMember
nnn:GarlandTX1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:VacantPropertyMember
nnn:GarlandTX1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:WhiteMarshMDMember
nnn:ValueCityFurnitureMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:WhiteMarshMDMember
nnn:ValueCityFurnitureMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:VCAAnimalHospitalMember
nnn:OperatingLeaseMember
nnn:MissionKS1Member
2020-12-31
0000751364
nnn:VCAAnimalHospitalMember
nnn:OperatingLeaseMember
nnn:MissionKS1Member
2020-01-01
2020-12-31
0000751364
nnn:VerizonWirelessMember
nnn:AndersonSC1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:VerizonWirelessMember
nnn:AndersonSC1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:VerizonWirelessMember
nnn:BristolVA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:VerizonWirelessMember
nnn:BristolVA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:VerizonWirelessMember
nnn:AmherstNYMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:VerizonWirelessMember
nnn:AmherstNYMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:VerizonWirelessMember
nnn:NorthOlmstedOHMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:VerizonWirelessMember
nnn:NorthOlmstedOHMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:BufordGAMember
nnn:ViltalityVeterinaryMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:BufordGAMember
nnn:ViltalityVeterinaryMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:CincinnatiOH1Member
nnn:VitaminShoppeTheMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:CincinnatiOH1Member
nnn:VitaminShoppeTheMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SwanseaIL1Member
nnn:OperatingLeaseMember
nnn:VogueNailsSpaMember
2020-12-31
0000751364
nnn:SwanseaIL1Member
nnn:OperatingLeaseMember
nnn:VogueNailsSpaMember
2020-01-01
2020-12-31
0000751364
nnn:WalgreensMember
nnn:AltamonteSpringsFL1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:WalgreensMember
nnn:DouglasvilleGA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:WalgreensMember
nnn:DouglasvilleGA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ConyersGA1Member
nnn:WalgreensMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ConyersGA1Member
nnn:WalgreensMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:WalgreensMember
nnn:OrangeBeachALMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:WalgreensMember
nnn:OrangeBeachALMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:WalgreensMember
nnn:OperatingLeaseMember
nnn:SunriseFL1Member
2020-12-31
0000751364
nnn:WalgreensMember
nnn:OperatingLeaseMember
nnn:SunriseFL1Member
2020-01-01
2020-12-31
0000751364
nnn:WalgreensMember
nnn:SaratogaSpringsNYMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:WalgreensMember
nnn:SaratogaSpringsNYMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:WalgreensMember
nnn:TulsaOK1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:WalgreensMember
nnn:TulsaOK1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:WalgreensMember
nnn:BoiseIDMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:WalgreensMember
nnn:BoiseIDMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:WalgreensMember
nnn:NampaIDMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:WalgreensMember
nnn:NampaIDMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:WalgreensMember
nnn:PuebloCOMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:WalgreensMember
nnn:PuebloCOMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:WalgreensMember
nnn:RapidCitySDMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:WalgreensMember
nnn:RapidCitySDMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:WalgreensMember
nnn:HamiltonOH1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:WalgreensMember
nnn:HamiltonOH1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:WalgreensMember
nnn:DurhamNCMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:WalgreensMember
nnn:DurhamNCMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:WalgreensMember
nnn:CharlotteNC1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:WalgreensMember
nnn:CharlotteNC1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:WalgreensMember
nnn:MintHillNCMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:WalgreensMember
nnn:MintHillNCMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:WarehouseShoeSaleMember
nnn:HoustonTX2Member
2020-12-31
0000751364
nnn:OperatingLeaseMember
nnn:WarehouseShoeSaleMember
nnn:HoustonTX2Member
2020-01-01
2020-12-31
0000751364
nnn:OrlandoFL1Member
nnn:OperatingLeaseMember
nnn:WaterfordNailsSpaMember
2020-12-31
0000751364
nnn:OrlandoFL1Member
nnn:OperatingLeaseMember
nnn:WaterfordNailsSpaMember
2020-01-01
2020-12-31
0000751364
nnn:ClearwaterFL1Member
nnn:WawaMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:CedarRapidsIAMember
nnn:WehrenbergTheaterMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:CedarRapidsIAMember
nnn:WehrenbergTheaterMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AshlandOH1Member
nnn:WencoHQMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AshlandOH1Member
nnn:WencoHQMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:WendysMember
nnn:SacramentoCA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:WendysMember
nnn:NewKensingtonPAMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:WendysMember
nnn:NewKensingtonPAMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:OrlandParkILMember
nnn:WendysMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:OrlandParkILMember
nnn:WendysMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:WendysMember
nnn:OperatingLeaseMember
nnn:BoerneTXMember
2020-12-31
0000751364
nnn:WendysMember
nnn:OperatingLeaseMember
nnn:BoerneTXMember
2020-01-01
2020-12-31
0000751364
nnn:BrownsburgIN1Member
nnn:WendysMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:BrownsburgIN1Member
nnn:WendysMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:WendysMember
nnn:OperatingLeaseMember
nnn:ConverseTXMember
2020-12-31
0000751364
nnn:WendysMember
nnn:OperatingLeaseMember
nnn:ConverseTXMember
2020-01-01
2020-12-31
0000751364
nnn:WendysMember
nnn:EverettWA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:WendysMember
nnn:EverettWA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:EverettWA2Member
nnn:WendysMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:EverettWA2Member
nnn:WendysMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:FishersIN1Member
nnn:WendysMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:FishersIN1Member
nnn:WendysMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:WendysMember
nnn:FishersIN2Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:WendysMember
nnn:FishersIN2Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:WendysMember
nnn:HendersonNV1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:WendysMember
nnn:HendersonNV1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:WendysMember
nnn:HendersonNV2Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:WendysMember
nnn:HendersonNV2Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:WendysMember
nnn:OperatingLeaseMember
nnn:IndianapolisIN1Member
2020-12-31
0000751364
nnn:WendysMember
nnn:OperatingLeaseMember
nnn:IndianapolisIN1Member
2020-01-01
2020-12-31
0000751364
nnn:WendysMember
nnn:IndianapolisIN2Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:WendysMember
nnn:IndianapolisIN2Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:WendysMember
nnn:OperatingLeaseMember
nnn:IndianapolisIN3Member
2020-12-31
0000751364
nnn:WendysMember
nnn:OperatingLeaseMember
nnn:IndianapolisIN3Member
2020-01-01
2020-12-31
0000751364
nnn:WendysMember
nnn:OperatingLeaseMember
nnn:IndianapolisIN4Member
2020-12-31
0000751364
nnn:WendysMember
nnn:OperatingLeaseMember
nnn:IndianapolisIN4Member
2020-01-01
2020-12-31
0000751364
nnn:WendysMember
nnn:IndianapolisIN5Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:WendysMember
nnn:IndianapolisIN5Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:IndianapolisIN6Member
nnn:WendysMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:IndianapolisIN6Member
nnn:WendysMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:WendysMember
nnn:IndianapolisIN7Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:WendysMember
nnn:IndianapolisIN7Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:WendysMember
nnn:OperatingLeaseMember
nnn:IndianapolisIN8Member
2020-12-31
0000751364
nnn:WendysMember
nnn:OperatingLeaseMember
nnn:IndianapolisIN8Member
2020-01-01
2020-12-31
0000751364
nnn:LasVegasNV1Member
nnn:WendysMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:LasVegasNV1Member
nnn:WendysMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:WendysMember
nnn:OperatingLeaseMember
nnn:LasVegasNV2Member
2020-12-31
0000751364
nnn:WendysMember
nnn:OperatingLeaseMember
nnn:LasVegasNV2Member
2020-01-01
2020-12-31
0000751364
nnn:LasVegasNV3Member
nnn:WendysMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:LasVegasNV3Member
nnn:WendysMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:WendysMember
nnn:LynnwoodWA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:WendysMember
nnn:LynnwoodWA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:WendysMember
nnn:N.LasVegasNVMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:WendysMember
nnn:N.LasVegasNVMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:NoblesvilleIN1Member
nnn:WendysMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:NoblesvilleIN1Member
nnn:WendysMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:WendysMember
nnn:PortOrchardWAMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:WendysMember
nnn:PortOrchardWAMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:PoulsboWAMember
nnn:WendysMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:PoulsboWAMember
nnn:WendysMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:WendysMember
nnn:SanAntonioTX1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:WendysMember
nnn:SanAntonioTX1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:WendysMember
nnn:SanAntonioTX2Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:WendysMember
nnn:SanAntonioTX2Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:WendysMember
nnn:OperatingLeaseMember
nnn:SanAntonioTX3Member
2020-12-31
0000751364
nnn:WendysMember
nnn:OperatingLeaseMember
nnn:SanAntonioTX3Member
2020-01-01
2020-12-31
0000751364
nnn:WendysMember
nnn:OperatingLeaseMember
nnn:SanAntonioTX4Member
2020-12-31
0000751364
nnn:WendysMember
nnn:OperatingLeaseMember
nnn:SanAntonioTX4Member
2020-01-01
2020-12-31
0000751364
nnn:WendysMember
nnn:SanAntonioTX5Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:WendysMember
nnn:SanAntonioTX5Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:WendysMember
nnn:LexingtonParkMDMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:WendysMember
nnn:LexingtonParkMDMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:WendysMember
nnn:AlcoaTN1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:WendysMember
nnn:AlcoaTN1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:WendysMember
nnn:LincolnParkMIMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:WendysMember
nnn:LincolnParkMIMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:WendysMember
nnn:OperatingLeaseMember
nnn:RoanokeVA1Member
2020-12-31
0000751364
nnn:WendysMember
nnn:OperatingLeaseMember
nnn:RoanokeVA1Member
2020-01-01
2020-12-31
0000751364
nnn:AshlandOH1Member
nnn:WendysMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AshlandOH1Member
nnn:WendysMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:WendysMember
nnn:AshlandOH2Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:WendysMember
nnn:AshlandOH2Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:WendysMember
nnn:OperatingLeaseMember
nnn:BellevueOH1Member
2020-12-31
0000751364
nnn:WendysMember
nnn:OperatingLeaseMember
nnn:BellevueOH1Member
2020-01-01
2020-12-31
0000751364
nnn:BlufftonOHMember
nnn:WendysMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:BlufftonOHMember
nnn:WendysMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:WendysMember
nnn:BucyrusOHMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:WendysMember
nnn:BucyrusOHMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:WendysMember
nnn:MillersburgOHMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:WendysMember
nnn:MillersburgOHMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:WendysMember
nnn:NewBremenOHMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:WendysMember
nnn:NewBremenOHMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:NorwalkOHMember
nnn:WendysMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:NorwalkOHMember
nnn:WendysMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:WendysMember
nnn:OttawaOHMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:WendysMember
nnn:OttawaOHMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:WendysMember
nnn:ParmaOHMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:WendysMember
nnn:ParmaOHMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:WendysMember
nnn:ShelbyOHMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:WendysMember
nnn:ShelbyOHMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:WendysMember
nnn:OperatingLeaseMember
nnn:UpperSanduskyOHMember
2020-12-31
0000751364
nnn:WendysMember
nnn:OperatingLeaseMember
nnn:UpperSanduskyOHMember
2020-01-01
2020-12-31
0000751364
nnn:WendysMember
nnn:WillardOHMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:WendysMember
nnn:WillardOHMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:WoosterOH1Member
nnn:WendysMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:WoosterOH1Member
nnn:WendysMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:WendysMember
nnn:WoosterOH2Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:WendysMember
nnn:WoosterOH2Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:BastropLAMember
nnn:WendysMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:BastropLAMember
nnn:WendysMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:WendysMember
nnn:BatesvilleMSMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:WendysMember
nnn:BatesvilleMSMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:WendysMember
nnn:OperatingLeaseMember
nnn:BaySaintLouisMSMember
2020-12-31
0000751364
nnn:WendysMember
nnn:OperatingLeaseMember
nnn:BaySaintLouisMSMember
2020-01-01
2020-12-31
0000751364
nnn:WendysMember
nnn:BoonevilleMSMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:WendysMember
nnn:BoonevilleMSMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:ByramMSMember
nnn:WendysMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:ByramMSMember
nnn:WendysMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:WendysMember
nnn:ClarksdaleMSMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:WendysMember
nnn:ClarksdaleMSMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:WendysMember
nnn:ColumbiaMS1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:WendysMember
nnn:ColumbiaMS1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:WendysMember
nnn:ColumbiaMS2Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:WendysMember
nnn:ColumbiaMS2Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:WendysMember
nnn:CorinthMSMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:WendysMember
nnn:CorinthMSMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:WendysMember
nnn:FlowoodMSMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:WendysMember
nnn:FlowoodMSMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:WendysMember
nnn:ForestMSMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:WendysMember
nnn:ForestMSMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:WendysMember
nnn:OperatingLeaseMember
nnn:HattiesburgMS1Member
2020-12-31
0000751364
nnn:WendysMember
nnn:OperatingLeaseMember
nnn:HattiesburgMS1Member
2020-01-01
2020-12-31
0000751364
nnn:WendysMember
nnn:OperatingLeaseMember
nnn:HattiesburgMS2Member
2020-12-31
0000751364
nnn:WendysMember
nnn:OperatingLeaseMember
nnn:HattiesburgMS2Member
2020-01-01
2020-12-31
0000751364
nnn:HazlehurstMSMember
nnn:WendysMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:HazlehurstMSMember
nnn:WendysMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:WendysMember
nnn:OperatingLeaseMember
nnn:HollySpringsMSMember
2020-12-31
0000751364
nnn:WendysMember
nnn:OperatingLeaseMember
nnn:HollySpringsMSMember
2020-01-01
2020-12-31
0000751364
nnn:WendysMember
nnn:IndianolaMSMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:WendysMember
nnn:IndianolaMSMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:JacksonMS1Member
nnn:WendysMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:JacksonMS1Member
nnn:WendysMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:LaurelMS1Member
nnn:WendysMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:LaurelMS1Member
nnn:WendysMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:WendysMember
nnn:LouisvilleMSMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:WendysMember
nnn:LouisvilleMSMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:WendysMember
nnn:MeridianMSMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:WendysMember
nnn:MeridianMSMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MonroeLA1Member
nnn:WendysMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MonroeLA1Member
nnn:WendysMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:WendysMember
nnn:OperatingLeaseMember
nnn:MonroeLA2Member
2020-12-31
0000751364
nnn:WendysMember
nnn:OperatingLeaseMember
nnn:MonroeLA2Member
2020-01-01
2020-12-31
0000751364
nnn:MossPointMSMember
nnn:WendysMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:MossPointMSMember
nnn:WendysMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:PascagoulaMSMember
nnn:WendysMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:PascagoulaMSMember
nnn:WendysMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:WendysMember
nnn:PearlMS1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:WendysMember
nnn:PearlMS1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:WendysMember
nnn:OperatingLeaseMember
nnn:PhiladelphiaMSMember
2020-12-31
0000751364
nnn:WendysMember
nnn:OperatingLeaseMember
nnn:PhiladelphiaMSMember
2020-01-01
2020-12-31
0000751364
nnn:PontotocMSMember
nnn:WendysMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:PontotocMSMember
nnn:WendysMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:WendysMember
nnn:RidgelandMS1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:WendysMember
nnn:RidgelandMS1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:WendysMember
nnn:RidgelandMS2Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:WendysMember
nnn:RidgelandMS2Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:WendysMember
nnn:ShreveportLA1Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:WendysMember
nnn:ShreveportLA1Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:WendysMember
nnn:OperatingLeaseMember
nnn:TallulahLAMember
2020-12-31
0000751364
nnn:WendysMember
nnn:OperatingLeaseMember
nnn:TallulahLAMember
2020-01-01
2020-12-31
0000751364
nnn:TupeloMS1Member
nnn:WendysMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:TupeloMS1Member
nnn:WendysMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:WendysMember
nnn:TupeloMS2Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:WendysMember
nnn:TupeloMS2Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:WendysMember
nnn:TupeloMS3Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:WendysMember
nnn:TupeloMS3Member
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:WendysMember
nnn:OperatingLeaseMember
nnn:VicksburgMSMember
2020-12-31
0000751364
nnn:WendysMember
nnn:OperatingLeaseMember
nnn:VicksburgMSMember
2020-01-01
2020-12-31
0000751364
nnn:WendysMember
nnn:WestHelenaARMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:WendysMember
nnn:WestHelenaARMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:WendysMember
nnn:OperatingLeaseMember
nnn:WestPointMS1Member
2020-12-31
0000751364
nnn:WendysMember
nnn:OperatingLeaseMember
nnn:WestPointMS1Member
2020-01-01
2020-12-31
0000751364
nnn:WigginsMSMember
nnn:WendysMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:WigginsMSMember
nnn:WendysMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:WinnsboroLAMember
nnn:WendysMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:WinnsboroLAMember
nnn:WendysMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:YazooCityMSMember
nnn:WendysMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:YazooCityMSMember
nnn:WendysMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:AlbuquerqueNM1Member
nnn:WhataburgerMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:AlbuquerqueNM1Member
nnn:WhataburgerMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:IndependenceMO1Member
nnn:WherehouseMusicMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:IndependenceMO1Member
nnn:WherehouseMusicMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:SeffnerFL1Member
nnn:WinnDixieMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:SeffnerFL1Member
nnn:WinnDixieMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:XLerateAutoAuctionMember
nnn:OperatingLeaseMember
nnn:ElPasoTX1Member
2020-12-31
0000751364
nnn:XLerateAutoAuctionMember
nnn:OperatingLeaseMember
nnn:ElPasoTX1Member
2020-01-01
2020-12-31
0000751364
nnn:JenisonMIMember
nnn:XLerateAutoAuctionMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:JenisonMIMember
nnn:XLerateAutoAuctionMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:LubbockTX2Member
nnn:XLerateAutoAuctionMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:LubbockTX2Member
nnn:XLerateAutoAuctionMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:CorryPAMember
nnn:XLerateAutoAuctionMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:CorryPAMember
nnn:XLerateAutoAuctionMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:XLerateAutoAuctionMember
nnn:ObetzOHMember
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:XLerateAutoAuctionMember
nnn:ObetzOHMember
nnn:OperatingLeaseMember
2020-01-01
2020-12-31
0000751364
nnn:MaplewoodMNMember
nnn:OperatingLeaseMember
nnn:ZiebartMember
2020-12-31
0000751364
nnn:MaplewoodMNMember
nnn:OperatingLeaseMember
nnn:ZiebartMember
2020-01-01
2020-12-31
0000751364
nnn:MiddleburgHeightsOHMember
nnn:OperatingLeaseMember
nnn:ZiebartMember
2020-12-31
0000751364
nnn:MiddleburgHeightsOHMember
nnn:OperatingLeaseMember
nnn:ZiebartMember
2020-01-01
2020-12-31
0000751364
nnn:LeaseholdInterestsMember
nnn:OklahomaCityOK2Member
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:OperatingLeaseMember
2020-12-31
0000751364
nnn:DirectFinancingLeaseMember
nnn:CVSMember
2020-12-31
0000751364
nnn:DirectFinancingLeaseMember
nnn:DennysMember
2020-12-31
0000751364
nnn:DirectFinancingLeaseMember
nnn:JaredJewelersMember
2020-12-31
0000751364
nnn:DirectFinancingLeaseMember
nnn:RiteAidMember
2020-12-31
0000751364
nnn:DirectFinancingLeaseMember
nnn:SunshineEnergyMember
2020-12-31
0000751364
nnn:WalgreensMember
nnn:DirectFinancingLeaseMember
2020-12-31
0000751364
nnn:DirectFinancingLeaseMember
2020-12-31
0000751364
nnn:NewCastleIN1Member
nnn:CafeRoyalMember
us-gaap:DisposalGroupHeldforsaleNotDiscontinuedOperationsMember
2020-12-31
0000751364
nnn:NewCastleIN1Member
nnn:CafeRoyalMember
us-gaap:DisposalGroupHeldforsaleNotDiscontinuedOperationsMember
2020-01-01
2020-12-31
0000751364
nnn:CarQuestMember
nnn:BozemanMT1Member
us-gaap:DisposalGroupHeldforsaleNotDiscontinuedOperationsMember
2020-12-31
0000751364
nnn:CarQuestMember
nnn:BozemanMT1Member
us-gaap:DisposalGroupHeldforsaleNotDiscontinuedOperationsMember
2020-01-01
2020-12-31
0000751364
nnn:SunTrustMember
nnn:DoralFL1Member
us-gaap:DisposalGroupHeldforsaleNotDiscontinuedOperationsMember
2020-12-31
0000751364
nnn:SunTrustMember
nnn:DoralFL1Member
us-gaap:DisposalGroupHeldforsaleNotDiscontinuedOperationsMember
2020-01-01
2020-12-31
0000751364
nnn:VacantPropertyMember
nnn:SacramentoCA1Member
us-gaap:DisposalGroupHeldforsaleNotDiscontinuedOperationsMember
2020-12-31
0000751364
nnn:VacantPropertyMember
nnn:SacramentoCA1Member
us-gaap:DisposalGroupHeldforsaleNotDiscontinuedOperationsMember
2020-01-01
2020-12-31
0000751364
nnn:BayCityMI1Member
nnn:VacantPropertyMember
us-gaap:DisposalGroupHeldforsaleNotDiscontinuedOperationsMember
2020-12-31
0000751364
nnn:BayCityMI1Member
nnn:VacantPropertyMember
us-gaap:DisposalGroupHeldforsaleNotDiscontinuedOperationsMember
2020-01-01
2020-12-31
0000751364
us-gaap:DisposalGroupHeldforsaleNotDiscontinuedOperationsMember
2020-12-31
0000751364
nnn:MortgageAgreement3Member
2020-12-31
0000751364
stpr:VA
2020-12-31
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
FORM
10-K
(Mark One)
☒
ANNUAL REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934.
For the fiscal year ended
December 31
, 2020
OR
☐
TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934.
For the transition period from to .
Commission file number
001-11290
NATIONAL RETAIL PROPERTIES, INC.
(Exact name of registrant as specified in its charter)
Maryland
56-1431377
(State or other jurisdiction of
incorporation or organization)
(I.R.S. Employer Identification No.)
450 South Orange Avenue, Suite 900
Orlando
,
Florida
32801
(Address of principal executive offices, including zip code)
Registrant’s telephone number, including area code: (
407
)
265-7348
Securities registered pursuant to Section 12(b) of the Act:
Title of each class:
Trading Symbol(s)
Name of exchange on which registered:
Common Stock, $0.01 par value
NNN
New York Stock Exchange
Depositary Shares, each representing one-hundredth of a share of 5.200% Series F Preferred Stock, $0.01 par value
NNN/PF
New York Stock Exchange
Securities registered pursuant to section 12(g) of the Act:
None
(Title of class)
Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.
Yes
x
No
¨
Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act Yes
¨
No
x
Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.
Yes
x
No
¨
Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).
Yes
x
No
¨
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and "emerging growth company" in Rule 12b-2 of the Exchange Act.
Large accelerated filer
☒
Accelerated filer
☐
Non-accelerated filer
☐
Smaller reporting company
☐
Emerging growth company
☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
¨
Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of the effectiveness of its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm that prepared or issued its audit report.
x
Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act). Yes
☐
No
x
At June 30, 2020, the aggregate market value of voting and non-voting common stock held by non-affiliates of the registrant was $
6,111,300,000
based upon the last reported sale price on the New York Stock Exchange on June 30, 2020, the last business day of the registrant's most recently completed second fiscal quarter. For purposes of this disclosure, shares of common stock held by each executive officer and director have been excluded in that such persons may be deemed to be
"affiliates" as that term is defined under the Rules and Regulations of the Exchange Act. The determination of affiliate status is solely for the purpose of this report and shall not be construed as an admission for the purposes of determining affiliate status.
The number of shares of common stock outstanding as of January 28, 2021 was
175,272,901
.
DOCUMENTS INCORPORATED BY REFERENCE:
Registrant incorporates by reference into Part III (Items 10, 11, 12, 13 and 14) of this Annual Report on Form 10-K portions of National Retail Properties, Inc.’s definitive Proxy Statement for the 2021 Annual Meeting of Stockholders to be filed with the Securities and Exchange Commission (the “Commission”) pursuant to Regulation 14A.
TABLE OF CONTENTS
PAGE
REFERENCE
Part I
Item 1.
Business
2
Item 1A.
Risk Factors
9
Item 1B.
Unresolved Staff Comments
20
Item 2.
Properties
20
Item 3.
Legal Proceedings
20
Item 4.
Mine Safety Disclosures
20
Part II
Item 5.
Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities
21
Item 6.
Selected Financial Data
23
Item 7.
Management’s Discussion and Analysis of Financial Condition and Results of Operations
23
Item 7A.
Quantitative and Qualitative Disclosures About Market Risk
41
Item 8.
Financial Statements and Supplementary Data
42
Item 9.
Changes in and Disagreements with Accountants on Accounting and Financial Disclosure
75
Item 9A.
Controls and Procedures
75
Item 9B.
Other Information
76
Part III
Item 10.
Directors, Executive Officers and Corporate Governance
77
Item 11.
Executive Compensation
77
Item 12.
Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters
77
Item 13.
Certain Relationships and Related Transactions, and Director Independence
77
Item 14.
Principal Accounting Fees and Services
77
Part IV
Item 15.
Exhibits and Financial Statement Schedules
78
Item 16.
Form 10-K Summary
82
Signatures
83
PART I
Unless the context otherwise requires, references in this Annual Report on Form 10-K to the terms “registrant” or “NNN” or the “Company” refer to National Retail Properties, Inc. and all of its consolidated subsidiaries. NNN may elect to treat certain subsidiaries as taxable real estate investment trust subsidiaries (“TRS”).
Forward-Looking Statements
Statements contained in this Annual Report on Form 10-K, including the documents that are incorporated by reference, that are not historical facts are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 (the “Exchange Act”). Also, when NNN uses any of the words “anticipate,” “assume,” “believe,” “estimate,” “expect,” “intend,” or similar expressions, NNN is making forward-looking statements. Although management believes that the expectations reflected in such forward-looking statements are based upon present expectations and reasonable assumptions, NNN’s actual results could differ materially from those set forth in the forward-looking statements. Further, forward-looking statements speak only as of the date they are made, and NNN undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results over time, unless required by law. The following are some of the risks and uncertainties, although not all risks and uncertainties, that could cause our actual results to differ materially from those presented in our forward-looking statements:
•
Changes in financial and economic conditions may have an adverse impact on NNN, its tenants, and commercial real estate in general;
•
An epidemic or pandemic (such as the outbreak and worldwide spread of a novel strain of coronavirus ("COVID-19")), and the measures that international, federal, state and local governments, agencies, law enforcement and/or health authorities implement to address it, may precipitate or materially exacerbate one or more of the other risks, and may significantly disrupt NNN's tenants' ability to operate their businesses and/or pay rent to NNN or prevent NNN from operating its business in the ordinary course for an extended period;
•
Loss of rent from tenants would reduce NNN’s cash flow;
•
A significant portion of NNN’s annual base rent is concentrated in specific industry classifications, tenants and geographic locations;
•
NNN may not be able to successfully execute its acquisition or development strategies;
•
NNN may not be able to dispose of properties consistent with its operating strategy;
•
Certain provisions of NNN’s leases or loan agreements may be unenforceable;
•
Competition from numerous other real estate investment trusts (“REIT”), commercial developers, real estate limited partnerships and other investors may impede NNN’s ability to grow;
•
Uninsured losses may adversely affect NNN’s operating results and asset values;
•
NNN’s ability to fully control the management of its net-leased properties may be limited;
•
Vacant properties or bankrupt tenants could adversely affect NNN’s business or financial condition;
•
Cybersecurity risks and cyber incidents could adversely affect NNN's business, disrupt operations and expose NNN to liabilities to tenants, employees, capital providers, and other third parties;
•
Future investment in international markets could subject NNN to additional risks;
•
NNN may suffer a loss in the event of a default or bankruptcy of a tenant or borrower;
•
Property ownership through joint ventures and partnerships could limit NNN’s control of those investments;
•
NNN may be unable to obtain debt or equity capital on favorable terms, if at all;
•
The amount of debt NNN has and the restrictions imposed by that debt could adversely affect NNN’s business and financial condition;
•
NNN is obligated to comply with financial and other covenants in its debt instruments that could restrict its operating activities, and the failure to comply with such covenants could result in defaults that accelerate the payment of such debt;
•
NNN’s ability to pay dividends in the future is subject to many factors;
•
Owning real estate and indirect interests in real estate carries inherent risks;
•
NNN’s real estate investments are illiquid;
•
NNN may be subject to known or unknown environmental liabilities and risks, including but not limited to liabilities and risks resulting from the existence of hazardous materials on or under Properties owned by NNN;
•
NNN’s failure to qualify as a REIT for federal income tax purposes could result in significant tax liability;
•
Compliance with REIT requirements, including distribution requirements, may limit NNN’s flexibility and may negatively affect NNN’s operating decisions;
1
•
The share ownership restrictions of the Internal Revenue Code for REITs and the 9.8% share ownership limit in NNN’s charter may inhibit market activity in NNN’s shares of stock and restrict NNN’s business combination opportunities;
•
The cost of complying with changes in governmental laws and regulations may adversely affect NNN's results of operations;
•
Non-compliance with Title III of the Americans with Disabilities Act of 1990 could have an adverse effect on NNN's business and operating results;
•
NNN's loss of key management personnel could adversely affect performance and the value of its securities;
•
NNN's failure to maintain effective internal control over financial reporting could have a material advese effect on its business, operating results and the market value of NNN's securities;
•
Acts of violence, terrorist attacks or war may affect NNN's properties, the markets in which NNN operates and NNN's results of operations;
•
Changes in accounting pronouncements could adversely impact NNN's or NNN's tenants' reported financial performance;
•
The market value of NNN's equity and debt securities is subject to various factors that may cause significant fluctuations or volatility;
•
The phase-out of LIBOR could affect interest rates under NNN's variable rate debt;
•
Even if NNN remains qualified as a REIT, NNN faces other tax liabilities that reduce operating results and cash flow; and
•
Adverse legislative or regulatory tax changes could reduce NNN's earnings and cash flow and the market value of NNN's securities.
In addition, NNN describes risks and uncertainties that could cause actual results and events to differ materially in “Risk Factors” (Part I, Item 1A of this Annual Report on Form 10-K), “Quantitative and Qualitative Disclosures about Market Risk” (Part II, Item 7A), and “Management’s Discussion and Analysis of Financial Conditions and Results of Operations” (Part II, Item 7).
Item 1.
Business
The Company
NNN, a Maryland corporation, is a fully integrated REIT formed in 1984. NNN's assets are primarily real estate assets. NNN's consolidated financial statements are included in "Item 8. Financial Statements and Supplementary Data" of this Annual Report on Form 10-K.
The common shares of National Retail Properties, Inc. are traded on the New York Stock Exchange (the "NYSE") under the ticker symbol "NNN." The Company has one series of preferred shares outstanding which is traded in the form of depositary shares: the depositary shares, each representing 1/100
th
of a share of 5.200% Series F Cumulative Redeemable Preferred Stock, par value $0.01 per share (“Series F Preferred Stock”), are traded on the NYSE under the symbol "NNN/PF."
Real Estate Assets
NNN acquires, owns, invests in and develops properties that are leased primarily to retail tenants under long-term net leases and are primarily held for investment ("Properties" or "Property Portfolio," or individually a "Property"). NNN owned 3,143 Properties with an aggregate gross leasable area of approximately 32,461,000 square feet, located in 48 states, with a weighted average remaining lease term of 10.7 years as of December 31, 2020. Approximately 99 percent of the Properties were leased as of December 31, 2020.
Competition
NNN faces active competition from many sources, both domestically and internationally, for net-lease investment opportunities in commercial properties. Competitors may be willing to accept rates of return, prices, lease terms, other transaction terms, or levels of risk that NNN finds unacceptable.
Human Capital Resources
Human Capital Development
. As of January 31, 2021, the Company employed 69 associates. NNN’s success is dependent upon the dedication and hard work of NNN’s talented associates. NNN encourages continued professional and personal development of all associates by providing in-person and online training opportunities that touch all aspects of NNN’s business. NNN also has associate mentoring and training programs and formalized talent development programs at all levels
2
of the Company. The success of NNN’s commitment to its associates is shown in the long tenure of NNN’s associates. The executive team, department heads, and senior managers all average over 18 years of experience with NNN. In addition, half of NNN’s associates have been with NNN for 10 years or longer. The institutional knowledge and long tenure of NNN’s associates is an important competitive advantage of the Company.
Total Rewards, Benefits & Work-Life Balance
.
NNN also focuses on additional benefits for its associates to make sure the associates are not only well compensated, but also engaged, developed and satisfied with their work-life balance. There are six key elements to NNN’s total rewards system: Compensation, Benefits, Wellness, Work-Life Balance, Professional Development and Recognition. NNN’s programs include but are not limited to a 401(k) plan with a company match, flexible work schedules, college saving plans, educational assistance program, adoption benefits, flexible spending and health saving accounts, health and wellness events, and access to a state of the art online wellness platform. NNN has been the recipient of numerous wellness awards, including the prestigious Cigna Well-Being Award.
Community Service and Partnerships
. NNN cares about the communities in which its associates live and work. NNN stands behind a commitment to improving education, strengthening neighborhoods, and encouraging volunteer service. NNN actively promotes volunteering by its associates. NNN organizes and sponsors specific volunteer days throughout the year at various charities, including Ronald McDonald House of Central Florida and Give Kids the World. Associates are encouraged to volunteer on work days during work hours. In addition to NNN’s donation of time, NNN is also a meaningful financial investor in numerous charities in the Central Florida community, including Boys and Girls Clubs of Central Florida, Second Harvest Food Bank and Elevate Orlando (a teacher mentor program for high risk urban youth that help young women and men graduate high school with a plan for the future).
Business Strategies and Policies
The following is a discussion of NNN’s operating strategy and certain of its investment, financing and other policies. These strategies and policies have been set by management and the Board of Directors and, in general, may be amended or revised from time to time by management and the Board of Directors without a vote of NNN’s stockholders.
Operating Strategies
NNN’s strategy is to invest primarily in retail real estate that is typically well located within each local market for its tenants’ retail lines of trade. Management believes that these types of properties, generally leased pursuant to triple-net leases, provide attractive opportunities for stable current returns and the potential for increased returns and capital appreciation. Triple-net leases typically require the tenant to pay property operating expenses such as insurance, utilities, repairs, maintenance, capital expenditures and real estate taxes and assessments. Initial lease terms are generally 10 to 20 years.
NNN holds each Property until it determines that the sale of such Property is advantageous in view of NNN’s investment objectives. In deciding whether to sell a Property, factors NNN may consider include, but are not limited to, potential capital appreciation, net cash flow, tenant credit quality, tenant's line of trade, portfolio composition, market lease rates, local market conditions, future uses of the Property, potential use of sale proceeds and federal income tax considerations.
NNN’s management team focuses on certain key indicators to evaluate the financial condition and operating performance of NNN. These key indicators for NNN include items such as: the composition of the Property Portfolio (such as tenant, geographic and line of trade diversification), the occupancy rate of the Property Portfolio, certain financial performance ratios and profitability measures, industry trends, and industry performance compared to that of NNN.
NNN evaluates the creditworthiness of its current and prospective tenants. This evaluation may include reviewing available financial statements, store level financial performance, press releases, public credit ratings from major credit rating agencies, industry news publications and financial market data (debt and equity pricing). NNN may also evaluate the business and operations of its tenants, including past payment history and periodically meeting with senior management of certain tenants.
The operating strategies employed by NNN have allowed NNN to increase the annual dividend (paid quarterly) per common share for 31 consecutive years. NNN has the third longest record of consecutive annual dividend increases of all publicly traded REITs.
3
Investment in Real Estate or Interests in Real Estate
NNN’s management believes that single tenant, freestanding net lease retail properties will continue to provide attractive investment opportunities and that NNN is well suited to take advantage of these opportunities because of its experience in accessing capital markets, and its ability to source, underwrite and acquire such properties.
In evaluating a particular acquisition, management may consider a variety of factors, including but not limited to:
•
the location, visibility and accessibility of the property,
•
the geographic area and demographic characteristics of the community,
•
the local real estate market conditions, including potential for growth, redevelopment, market rents, and existing or potential competing properties or retailers,
•
the size, age and title status of the property,
•
the quality of construction and design and the current physical condition of the property,
•
the potential for, and current extent of, any environmental problems,
•
the purchase price,
•
the non-financial lease terms of the proposed acquisition,
•
the availability of funds or other consideration for the proposed acquisition and the cost thereof,
•
the compatibility of the property with NNN’s existing Property Portfolio,
•
the property-level operating history,
•
the financial and other characteristics of the existing tenant,
•
the tenant’s business plan, operating history and management team,
•
the tenant’s industry,
•
the terms of any lease,
•
the rent to be paid by the tenant,
•
any existing debt encumbering the property which may be assumed in connection with acquiring or refinancing these investments, and
•
the merits relative to other opportunities.
NNN intends to engage in future investment activities in a manner that is consistent with the maintenance of its status as a REIT for federal income tax purposes. Additionally, NNN does not intend to engage in activities that will make NNN an investment company under the Investment Company Act of 1940, as amended.
Investments in Real Estate Mortgages and Securities of or Interests in Entities Engaged in Real Estate Activities
While NNN’s primary business objectives emphasize retail properties, NNN may invest in (i) a wide variety of property and tenant types, (ii) leases, mortgages and other types of real estate interests, (iii) loans secured by personal property, (iv) loans secured by partnership or membership interests in partnerships or limited liability companies, respectively, or (v) securities of other REITs, or other issuers, including for the purpose of exercising control over such entities.
Financing Strategy
NNN’s financing objective is to manage its capital structure effectively in order to provide sufficient capital to execute its operating strategies while servicing its debt requirements and providing value to its stockholders. NNN generally utilizes debt and equity security offerings, bank borrowings, proceeds from the sale of Properties, and to a lesser extent, internally generated funds to meet its capital needs.
NNN typically funds its short-term liquidity requirements including investments in additional properties with available cash balances or advances from its $900,000,000 unsecured revolving credit facility ("Credit Facility"). As of December 31, 2020, there was no outstanding balance and $900,000,000 was available for future borrowings under the Credit Facility.
As of December 31, 2020, NNN’s ratio of total debt to total gross assets (before accumulated depreciation and amortization) was approximately 34 percent and the ratio of secured debt to total gross assets was less than one percent. The ratio of total debt to total market capitalization was approximately 29 percent. Certain financial agreements contain covenants that limit NNN’s ability to incur additional debt under certain circumstances.
4
NNN anticipates it will be able to obtain additional financing for short-term and long-term liquidity requirements as further described in "Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations – Liquidity." However, there can be no assurance that additional financing or capital will be available, or that the terms will be acceptable or advantageous to NNN.
The organizational documents of NNN do not limit the absolute amount or percentage of debt that NNN may incur. Additionally, NNN may change its financing strategy at any time.
Strategies and Policy Changes
Any of NNN’s strategies or policies described above may be changed at any time by NNN without notice to or a vote of NNN’s stockholders.
Property Portfolio
As of December 31, 2020, NNN owned 3,143 Properties with an aggregate gross leasable area of approximately 32,461,000 square feet, located in 48 states, with a weighted average remaining lease term of 10.7 years. Approximately 99 percent of total Properties were leased as of December 31, 2020.
The following table summarizes the Property Portfolio as of December 31, 2020 (in thousands):
Size
(1)
Total Dollars Invested
(2)
High
Low
Average
High
Low
Average
Land
6,586
5
102
$
11,899
$
5
$
808
Building
179
1
10
45,286
19
1,951
(1)
Approximate square feet.
(2)
Costs vary depending upon size, improvements, local market conditions and other factors.
As of December 31, 2020, NNN has committed to fund construction on five Properties. The improvements on such Properties are estimated to be completed within 12 months. These construction commitments, as of December 31, 2020, are outlined in the table below (dollars in thousands):
Total commitment
(1)
$
42,443
Less amount funded
35,094
Remaining commitment
$
7,349
(1)
Includes land, construction costs, tenant improvements, lease costs and capitalized interest.
Leases
The following is a summary of the general structure of the leases in the Property Portfolio, although the specific terms of each lease can vary significantly. Generally, the Property leases provide for initial terms of 10 to 20 years. As of December 31, 2020, the weighted average remaining lease term of the Property Portfolio was approximately 10.7 years. The Properties are generally leased under triple-net leases, which require the tenant to pay all property taxes and assessments, to maintain the interior and exterior of the property, and to carry property and liability insurance coverage. NNN's leases provide for annual base rental payments (generally payable in monthly installments) ranging from $6,000 to $3,714,000 (average of $215,000), and generally provide for increases in rent as a result of (i) increases in the Consumer Price Index ("CPI"), (ii) fixed increases, or, to a lesser extent, (iii) increases in the tenant’s sales volume.
Generally, NNN's leases provide the tenant with one or more multi-year renewal options subject to generally the same terms and conditions provided under the initial lease term. Some of the leases also provide that in the event NNN wishes to sell the Property subject to that lease, NNN first must offer the lessee the right to purchase the Property on the same terms and conditions as any offer which NNN intends to accept for the sale of the Property.
5
The following table summarizes the lease expirations, assuming none of the tenants exercise renewal options, of the Property Portfolio for each of the next 10 years and then thereafter in the aggregate as of December 31, 2020:
% of
Annual
Base
Rent
(1)
# of
Properties
Gross
Leasable
Area
(2)
% of
Annual
Base
Rent
(1)
# of
Properties
Gross
Leasable
Area
(2)
2021
3.0%
108
1,120,000
2027
6.3%
172
2,443,000
2022
5.4%
123
1,577,000
2028
4.8%
158
1,185,000
2023
2.8%
114
1,426,000
2029
3.0%
75
1,052,000
2024
3.6%
96
1,481,000
2030
3.6%
105
1,122,000
2025
6.2%
198
2,093,000
Thereafter
56.6%
1,758
16,364,000
2026
4.7%
186
1,768,000
(1)
Based on annualized base rent for all leases in place as of December 31, 2020.
(2)
Approximate square feet.
The following table summarizes the diversification of the Property Portfolio based on the top 20 lines of trade:
% of Annual Base Rent
(1)
Top 20 Lines of Trade
2020
2019
2018
1.
Convenience stores
18.2%
18.2%
18.0%
2.
Restaurants – full service
10.5%
11.1%
11.4%
3.
Automotive service
10.3%
9.6%
8.6%
4.
Restaurants – limited service
9.7%
8.8%
8.9%
5.
Family entertainment centers
5.9%
6.7%
7.1%
6.
Health and fitness
5.3%
5.2%
5.6%
7.
Theaters
4.4%
4.7%
5.0%
8.
Recreational vehicle dealers, parts and accessories
3.5%
3.4%
3.4%
9.
Automotive parts
3.1%
3.1%
3.4%
10.
Equipment rental
2.6%
2.6%
1.9%
11.
Home improvement
2.6%
2.6%
2.2%
12.
Wholesale clubs
2.6%
2.5%
2.3%
13.
Medical service providers
2.2%
2.1%
2.2%
14.
General merchandise
1.7%
1.8%
1.6%
15.
Furniture
1.7%
1.6%
1.7%
16.
Home furnishings
1.6%
1.7%
1.5%
17.
Consumer electronics
1.5%
1.5%
1.6%
18.
Travel plazas
1.5%
1.6%
1.7%
19.
Drug stores
1.5%
1.6%
1.8%
20.
Bank
1.3%
1.3%
1.6%
Other
8.3%
8.3%
8.5%
100.0%
100.0%
100.0%
(1)
Based on annualized base rent for all leases in place as of December 31 of the respective year.
6
The following table summarizes the diversification of the Property Portfolio by state as of December 31, 2020:
State
# of
Properties
% of
Annual
Base Rent
(1)
1.
Texas
503
17.5%
2.
Florida
225
8.5%
3.
Ohio
199
5.8%
4.
Illinois
145
5.1%
5.
North Carolina
156
4.5%
6.
Georgia
151
4.4%
7.
Indiana
148
4.2%
8.
Tennessee
141
3.7%
9.
Virginia
114
3.5%
10.
California
65
3.3%
Other
1,296
39.5%
3,143
100.0%
(1)
Based on annualized base rent for all leases in place as of
December 31, 2020.
Governmental Regulations Affecting Properties
Property Environmental Considerations
Subject to a determination of the level of risk and potential cost of remediation, NNN may acquire a property where some level of environmental contamination may exist. Investments in real property create a potential for substantial environmental liability for the owner of such property from the presence or discharge of hazardous materials on the property or the improper disposal of hazardous materials emanating from the property, regardless of fault. In order to mitigate exposure to environmental liability, NNN maintains an environmental insurance policy which provides some coverage for substantially all of the Properties. As a part of its acquisition due diligence process, NNN obtains an environmental site assessment for each property. In such cases where NNN intends to acquire a property where some level of contamination may exist, NNN generally requires the seller or tenant to (i) remediate the problem, (ii) indemnify NNN for environmental liabilities, and/or (iii) agree to other arrangements deemed appropriate by NNN, including, under certain circumstances, the purchase of environmental insurance to address environmental conditions at the property. NNN may incur costs if the seller or tenant does not comply with these requirements.
As of February 4, 2021, NNN had 74 Properties currently under some level of environmental remediation and/or monitoring. In general, the responsible party (which may include the seller, a previous owner, the tenant or an adjacent or former land owner) is liable for the cost of the environmental remediation for each of these Properties.
Americans with Disabilities Act of 1990
The Properties, as commercial facilities, are required to comply with Title III of the Americans with Disabilities Act of 1990 and similar state and local laws and regulations (collectively, the "ADA"). The tenants will typically have primary responsibility for complying with the ADA, but NNN may incur costs if the tenant does not comply. As of February 4, 2021, NNN had not been notified by any governmental authority of, nor is NNN’s management aware of, any non-compliance with the ADA that NNN’s management believes would have a material adverse effect on its business, financial position or results of operations.
Other Regulations
State and local fire, life-safety and similar entities regulate the use of the Properties. NNN’s leases generally require each tenant to undertake primary responsibility for complying with regulations, but failure to comply could result in fines by governmental authorities, awards of damages to private litigants, or restrictions on the ability to conduct business on such properties.
7
Impact of COVID-19 on NNN’s Business
Overview
On March 11, 2020, the World Health Organization declared COVID-19 a pandemic, and on March 13, 2020, the United States declared a national emergency with respect to COVID-19. As a result, the COVID-19 pandemic and the government reaction to it is negatively affecting almost every industry directly or indirectly.
Actions taken by the government in an attempt to mitigate the spread of COVID-19 by, at certain times, ordering closure of, or reduced capacity at, many businesses and ordering residents to generally stay at home has resulted in the loss of revenue for many of NNN's tenants and challenged their ability to pay rent. As a result, these economic hardships have increased uncertainty with respect to the collectability of lease payments and have had a negative effect on NNN's financial results, including increased accounts receivables and related allowances and recognizing revenue on a cash basis from certain of its tenants. NNN moderated new property investments during 2020 in order to better gauge the impact of the economic downturn on retailers, retail real estate, capital markets and investment returns. NNN will continue to monitor the impact of the economic downturn, among other things, when considering new property investments in 2021.
During the year ended December 31, 2020, NNN entered into rent deferral lease amendments with certain tenants to defer rent originally due during the years ending December 31, 2020 and 2021. While the terms of each rent deferral lease amendment differ, NNN expects to receive repayment of the majority of deferred rents in 2021 and substantially all by December 31, 2022. Depending upon the duration of impact on tenants and the overall economic downturn resulting from the COVID-19 pandemic, future rent payments including deferred rents may be difficult to collect.
As of January 31, 2021, NNN had collected approximately 96% of rent originally due in the quarter ended December 31, 2020 and approximately 95% of rent originally due in January 2021. Rent collections may continue below amounts required under the leases. Rent collections for the year ended December 31, 2020 may not be indicative of rent collections in the future.
The rapid development and fluidity of the economic downturn precludes any prediction as to the ultimate adverse impact on NNN, but presents material uncertainty and risk with respect to NNN’s performance, business, financial condition, results of operations and cash flows.
In addition, NNN describes the potential risks and impacts of the COVID-19 pandemic in “Risk Factors” (Part I, Item 1A of this Annual Report on Form 10-K), and “Management’s Discussion and Analysis of Financial Conditions and Results of Operations - Impact of COVID-19 on NNN’s Business” (Part II, Item 7).
Additional Information
NNN’s executive offices are located at 450 S. Orange Avenue, Suite 900, Orlando, Florida 32801, and its telephone number is (407) 265-7348.
NNN’s website is located at
www.nnnreit.com
. NNN intends to comply with the requirements of Item 5.05 of Form 8-K regarding amendments to and waivers under the code of business conduct and ethics applicable to its Chief Executive Officer, Principal Financial Officer and Principal Accounting Officer by providing such information on its website within four days after effecting any amendment to, or granting any waiver under, that code, and NNN will maintain such information on its website for at least twelve months. The information contained on NNN’s website does not constitute part of this Form 10-K.
On NNN’s website you can also obtain, free of charge, a copy of this Annual Report on Form 10-K, quarterly reports on Form 10-Q, current reports on Form 8-K and amendments to those reports filed or furnished pursuant to Section 13(a) or 15(d) of the Exchange Act of 1934, as amended, as soon as reasonably practicable, after NNN files such material electronically with, or furnish it to, the Securities and Exchange Commission ("Commission" or "SEC"). The public may read and obtain a copy of any materials NNN files electronically with the Commission at
www.sec.gov
.
Additional information on NNN’s website includes the guiding policies adopted by NNN, which include NNN’s Corporate Governance Guidelines, Code of Business Conduct Policy and Whistleblower Policy, as well as NNN’s stance on corporate governance, social responsibility and environmental practices and impact.
8
Item 1A.
Risk Factors
Carefully consider the following risks and all of the other information set forth in this Annual Report on Form 10-K, including the consolidated financial statements and the notes thereto. If any of the events or developments described below were actually to occur, NNN’s business, financial condition or results of operations could be adversely affected.
Risks Related to NNN’s Business and Operations
Changes in financial and economic conditions may have an adverse impact on NNN, its tenants, and commercial real estate in general.
Financial and economic conditions can be challenging and volatile and any worsening of such conditions, including any disruption in the capital markets, could adversely affect NNN’s business and results of operations. Such conditions could also affect the financial condition of NNN’s tenants, developers, borrowers, lenders or the institutions that hold NNN’s cash balances and short-term investments, which may expose NNN to increased risks of default by these parties.
There can be no assurance that actions of the United States Government, the Federal Reserve or other government and regulatory bodies attempting to stabilize the economy or financial markets will achieve their intended effect. Additionally, some of these actions may adversely affect financial institutions, capital providers, retailers, consumers, NNN’s financial condition, NNN's results of operations or the trading price of NNN’s shares.
Potential consequences of challenging and volatile financial and economic conditions include:
•
the financial condition of NNN’s tenants may be adversely affected, which may result in tenant defaults under the leases due to bankruptcy, lack of liquidity, operational failures or for other reasons,
•
the ability to raise equity capital or to raise equity capital or borrow on terms and conditions that NNN finds acceptable may be limited or unavailable, which could reduce NNN’s ability to pursue acquisition and development opportunities and refinance existing debt, reduce NNN’s returns from acquisition and development activities, reduce NNN’s ability to make cash distributions to its stockholders and increase NNN’s future interest expense,
•
the recognition of impairment charges on or reduced values of the Properties or tenant receivables, may adversely affect NNN's results of operations,
•
reduced values of the Properties may limit NNN's ability to dispose of assets at attractive prices and reduce the availability of buyer financing, and
•
the value and liquidity of NNN’s short-term investments and cash deposits could be reduced as a result of (i) a deterioration of the financial condition of the institutions that hold NNN’s cash deposits or the institutions or assets in which NNN has made short-term investments, (ii) the dislocation of the markets for NNN’s short-term investments, (iii) increased volatility in market rates for such investments or (iv) other factors.
An epidemic or pandemic (such as the outbreak and worldwide spread of COVID-19), and the measures that international, federal, state and local governments, agencies, law enforcement and/or health authorities implement to address it, may precipitate or materially exacerbate one or more of the other risks, and may significantly disrupt NNN's tenants' ability to operate their businesses and/or pay rent to NNN or prevent NNN from operating its business in the ordinary course for an extended period.
On March 11, 2020, the World Health Organization declared COVID-19 a pandemic, and on March 13, 2020, the United States declared a national emergency with respect to COVID-19. Since that time, efforts taken in an attempt to contain the spread of COVID-19 have intensified. Several countries, including the United States, have taken steps to restrict travel, temporarily close businesses and issue quarantine orders, and it remains unclear how long such measures will remain in place.
As a result, the COVID-19 pandemic and the government reaction to it is negatively affecting almost every industry directly or indirectly. A number of NNN’s tenants have announced temporary closures of their operations and/or have requested adjustments to their lease terms during this pandemic. The COVID-19 pandemic (or a future pandemic) could have a material and adverse effect on or cause disruption to NNN’s business or financial condition, results of operations, cash flows and the market value and trading price of NNN's securities due to, among other factors:
•
A complete or partial closure of, or other operational issues with, NNN’s Property Portfolio as a result of government or tenant action;
•
The declines in or instability of the economy or financial markets may result in a recession or negatively impact consumer discretionary spending, which could adversely affect retailers and consumers;
9
•
The reduction of economic activity may severely impact NNN’s tenants' business operations, financial condition, liquidity and access to capital resources and may cause one or more of NNN’s tenants to be unable to meet their obligations to NNN in full, or at all, to default on their lease, or to otherwise seek modifications of such obligations;
•
Inability to access debt and equity capital on favorable terms, if at all, or a severe disruption and instability in the global financial markets or deteriorations in credit and financing conditions may affect NNN’s access to capital necessary to fund business operations, pursue acquisition and development opportunities, refinance existing debt, reduce NNN’s ability to make cash distributions to its stockholders and increase NNN’s future interest expense;
•
A general decline in business activity and demand for real estate transactions would adversely affect NNN’s ability to successfully execute investment strategies or expand the Property Portfolio;
•
A significant reduction in NNN’s cash flows could impact NNN’s ability to continue paying cash dividends to NNN common and preferred stockholders at expected levels or at all;
•
The financial impact could negatively affect NNN’s future compliance with financial and other covenants of NNN’s Credit Facility and other debt instruments, and the failure to comply with such covenants could result in a default that accelerates the payment of such debt; and
•
The potential negative impact on the health of NNN’s associates or Board of Directors, particularly if a significant number are impacted, or the impact of government actions or restrictions, including stay-at-home orders, restricting access to NNN's headquarters located in Orlando, Florida, could result in a deterioration in NNN’s ability to ensure business continuity during a disruption.
The extent to which COVID-19 impacts NNN’s operations and those of NNN’s tenants will depend on future developments, which are highly uncertain and cannot be predicted with confidence, including the scope, severity and duration of the outbreak, the actions taken to contain the outbreak or mitigate its impact, the direct and indirect economic effects of the outbreak and containment measures, and the timing for, and success of, the COVID-19 vaccination program, among others.
A prolonged continuation of business
closures, reduced capacity at businesses or other social-distancing practices
may adversely impact NNN's tenants’ ability to generate sufficient revenues to meet financial obligations, and could force tenants to default on their leases, or result in the bankruptcy of tenants, which would diminish the rental revenue NNN receives under its leases. Additionally, an increase in the number of vacant properties would increase NNN's real estate expenses, including expenses associated with ongoing maintenance and repairs, utilities, property taxes, and property and liability insurance.
The rapid development and fluidity of the pandemic precludes any prediction as to the ultimate adverse impact on NNN. Nevertheless, COVID-19 presents material uncertainty and risk with respect to NNN’s performance, business or financial condition, results of operations and cash flows.
While NNN's leases generally do not allow tenants to withhold rent if the tenants are not operating on its Properties, some tenants have and may pay rent under protest, have not paid or may not pay rent at all, have and may request rent deferrals, and have and may assert legal or equitable claims in the courts that such tenants are not obligated to pay rent while closed or while operating at reduced capacity, because of the COVID-19 pandemic. While NNN believes such claims would be without merit it has no assurances on how courts would rule on such claims, if any.
Loss of rent from tenants would reduce NNN’s cash flow.
NNN's tenants encounter significant macroeconomic, governmental and competitive forces. Adverse changes in consumer spending or consumer preferences for particular goods, services or store based retailing could severely impact their ability to pay rent. Shifts from in-store to online shopping could increase due to changing consumer shopping patterns as well as the increase in consumer adoption and use of mobile electronic devices. This expansion of e-commerce could have an adverse impact on NNN's tenants' ongoing viability and the size, type and location of space tenants lease in the future. NNN cannot predict with certainty what tenants will want or what the impact will be on market rents. The default, financial distress, bankruptcy or liquidation of one or more of NNN’s tenants could cause substantial vacancies in the Property Portfolio. Vacancies reduce NNN’s revenues, increase property expenses and could decrease the value of each vacant Property. Upon the expiration of a lease, the tenant may choose not to renew the lease and NNN may not be able to re-lease the vacant Property at a comparable lease rate. Furthermore, NNN may incur additional expenditures in connection with such renewal or re-leasing.
10
A significant portion of the source of the Property Portfolio annual base rent is concentrated in specific industry classifications, tenants and geographic locations.
As of December 31, 2020, approximately,
•
54.6% of the Property Portfolio annual base rent is generated from tenants in five retail lines of trade, including convenience stores (18.2%) and full-service and limited-service restaurants (20.2%),
•
21.4% of the Property Portfolio annual base rent is generated from five tenants, 7-Eleven (5.1%), Mister Car Wash (4.6%), Camping World (4.4%), LA Fitness (3.8%) and Flynn Restaurant Group (Taco Bell/Arby's) (3.5%), and
•
41.4% of the Property Portfolio annual base rent is generated from properties located in five states, including Texas (17.5%) and Florida (8.5%).
Any financial hardship and/or economic changes in these lines of trade, tenants or states could have an adverse effect on NNN’s results of operations.
NNN may not be able to successfully execute its acquisition or development strategies.
NNN may not be able to implement its investment strategies successfully. Additionally, NNN cannot assure that its Property Portfolio will expand at all, or if it will expand at any specified rate or to any specified size. In addition, investment in additional real estate assets is subject to a number of risks. Because NNN expects to invest in markets other than the ones in which its current Properties are located or properties which may be leased to tenants other than those to which NNN has historically leased properties, NNN will also be subject to the risks associated with investment in new markets, new lines of trade or with new tenants that may be relatively unfamiliar to NNN’s management team.
NNN’s development activities are subject to, without limitation, risks relating to the availability and timely receipt of zoning and other regulatory approvals, the cost and timely completion of construction (including risks from factors beyond NNN’s control, such as weather, labor conditions or material shortages), the risk of finding tenants for the properties and the ability to obtain both construction and permanent financing on favorable terms. These risks could result in substantial unanticipated delays or expenses and, under certain circumstances, could prevent completion of development activities once undertaken or provide a tenant the opportunity to delay rent commencement, reduce rent or terminate a lease. Any of these situations may delay or eliminate proceeds or cash flows NNN expects from these projects, which could have an adverse effect on NNN’s financial condition.
NNN may not be able to dispose of properties consistent with its operating strategy.
NNN may be unable to sell Properties targeted for disposition under favorable terms due to adverse market conditions or possible prohibitive tax liability. This may adversely affect, among other things, NNN’s ability to sell under favorable terms, execute its operating strategy, achieve target earnings or returns, retire or repay debt or pay dividends.
Certain provisions of NNN’s leases or loan agreements may be unenforceable.
NNN’s rights and obligations with respect to its leases, mortgage loans or other loans are governed by written agreements. A court could determine that one or more provisions of such an agreement are unenforceable, such as a particular remedy, a master lease covenant, a loan prepayment provision or a provision governing NNN’s security interest in the underlying collateral of a borrower or lessee. NNN could be adversely impacted if this were to happen with respect to an asset or group of assets.
Competition from numerous other REITs, commercial developers, real estate limited partnerships and other investors may impede NNN’s ability to grow.
NNN may not complete suitable property acquisitions or developments on advantageous terms, if at all, due to competition for such properties with others engaged in real estate investment activities or lack of properties for sale on terms deemed acceptable to NNN. NNN’s inability to successfully acquire or develop new properties may affect NNN’s ability to achieve anticipated return on investment or realize its investment strategy, which could have an adverse effect on its results of operations.
11
Uninsured losses may adversely affect NNN’s operating results and asset values.
The Properties are generally covered by comprehensive liability, fire, and extended insurance coverage. NNN believes that the insurance carried on its Properties is adequate and in accordance with industry standards. There are, however, types of losses (such as from hurricanes, floods, earthquakes or other types of natural disasters or wars, terrorism or other acts of violence) which may be uninsurable, self-insured by tenants, or the cost of insuring against these losses may not be economically justifiable in the opinion of tenants or NNN. If an uninsured loss occurs or a loss exceeds policy limits, NNN could lose both its invested capital and anticipated revenues from the property, thereby reducing NNN’s cash flow and asset value.
NNN’s ability to fully control the management of its net-leased properties may be limited.
The tenants of net-leased properties are responsible for maintenance and other day-to-day management of the Properties. If a Property is not adequately maintained in accordance with the terms of the applicable lease, NNN may incur expenses for deferred maintenance expenditures or other liabilities when the lease expires. While NNN’s leases generally provide for recourse against the tenant in these instances, a bankrupt or financially troubled tenant may be more likely to defer maintenance and it may be more difficult to enforce remedies against such a tenant. Although NNN endeavors to monitor compliance by tenants with their lease obligations, NNN may not always be able to ascertain or forestall deterioration in the condition of a property or the financial circumstances of a tenant.
Vacant properties or bankrupt tenants could adversely affect NNN’s business or financial condition.
As of December 31, 2020, NNN owned 47 vacant, un-leased Properties, which accounted for approximately one percent of total Properties held in the Property Portfolio. NNN is actively marketing these Properties for sale or lease but may not be able to sell or lease these Properties on favorable terms or at all. As of February 10, 2021, less than two percent of total Properties, and approximately one percent of aggregate gross leasable area held in the Property Portfolio, was leased to two tenants that are currently in bankruptcy under Chapter 11 of the United States Bankruptcy Code. As a result, these tenants have the right to reject or affirm their leases with NNN. The lost revenues and increased property expenses resulting from the rejection by any bankrupt tenant of any of their respective leases with NNN could have a material adverse effect on the liquidity and results of operations of NNN if NNN is unable to re-lease the Properties at comparable rental rates and in a timely manner.
Cybersecurity risks and cyber incidents could adversely affect NNN's business, disrupt operations and expose NNN to liabilities to tenants, employees, capital providers, governmental regulators, and other third parties.
NNN uses information technology and other computer resources to carry out important operational activities and to maintain its business records. As part of NNN’s normal business activities, (i) NNN allows associates to perform some or all of their business activities remotely, and (ii) NNN collects and stores certain personal identifying and confidential information relating to its tenants, employees, vendors and suppliers, and maintains operational and financial information related to NNN’s business. NNN has implemented systems and processes intended to address ongoing and evolving cybersecurity risks, secure its information technology, applications and computer systems, and prevent unauthorized access to or loss of sensitive, confidential and personal data. Although NNN and its service providers employ what NNN believes are adequate security, disaster recovery and other preventative and corrective measures, NNN’s security measures, taken as a whole, may not be sufficient for all possible situations and may be vulnerable to, among other things, fraud, hacking, employee error, system error, and faulty password management.
NNN’s ability to conduct its business may be impaired if its information technology resources, including its websites or e-mail systems, are compromised, degraded, damaged or fail, whether due to a virus or other harmful circumstance, fraud, intentional penetration or disruption of its information technology resources by:
•
a third party,
•
natural disaster,
•
a failure of hardware or software due to a design or programmatic flaw,
•
a failure of hardware or software security controls,
•
telecommunications system failure,
•
service provider error or failure,
•
fraudulent transactions,
•
intentional or unintentional personnel actions,
•
lost connectivity to NNN’s networked resources, or
•
a failure of disaster recovery system.
12
A significant and extended disruption could damage NNN’s business or reputation and cause:
•
loss of revenues or tenant relationships,
•
unintended and/or unauthorized public disclosure or the misappropriation of proprietary, personal identifying and confidential information, and
•
NNN to incur significant expenses to address and remediate or otherwise resolve these kinds of issues.
The release of confidential information may also lead to litigation or other proceedings against NNN by affected individuals, business partners and/or regulators, and the outcome of such proceedings, which could include losses, penalties, fines, injunctions, expenses and charges recorded against NNN’s earnings and cause NNN reputational harm, could have a material and adverse effect on NNN’s business, financial position or results of operations.
In addition, the costs of maintaining adequate protection against data security threats, based on considerations of their evolution, increasing sophistication, pervasiveness and frequency and/or government-mandated standards or obligations regarding protective efforts, could be material to NNN’s financial position or results of operations in a particular period or over various periods.
Future investment in international markets could subject NNN to additional risks.
If NNN expands its operating strategy to include investment in international markets, NNN could face additional risks, including foreign currency exchange rate fluctuations, operational risks due to local economic and political conditions and laws and policies of the United States affecting foreign investment.
NNN may suffer a loss in the event of a default or bankruptcy of a borrower.
As of December 31, 2020, NNN had mortgages receivable of $2,482,000. If a borrower defaults on a mortgage or other loan made by NNN, and does not have sufficient assets to satisfy the loan, NNN may suffer a loss of principal and interest. In the event of the bankruptcy of a borrower, NNN may not be able to recover against all or any of the assets of the borrower, or the collateral may not be sufficient to satisfy the balance due on the loan. In addition, certain of NNN’s loans may be subordinate to other debt of a borrower. These investments are typically loans secured by a borrower’s pledge of its ownership interests in the entity that owns the real estate or other assets and are typically subordinated to senior loans encumbering the underlying real estate or assets. Subordinated positions are generally subject to a higher risk of nonpayment of principal and interest than the more senior loans. If a borrower defaults on the debt senior to NNN’s loan, or in the event of the bankruptcy of a borrower, NNN’s loan will be satisfied only after the borrower’s senior creditors’ claims are satisfied. Where debt senior to NNN’s loans exists, the presence of intercreditor arrangements may limit NNN’s ability to amend loan documents, assign the loans, accept prepayments, exercise remedies and control decisions made in bankruptcy proceedings relating to borrowers. Bankruptcy proceedings and litigation can significantly increase the time needed for NNN to acquire underlying collateral, if any, in the event of a default, during which time the collateral may decline in value. In addition, there are significant costs and delays associated with the foreclosure process.
Property ownership through joint ventures and partnerships could limit NNN’s control of those investments.
Joint ventures or partnerships involve risks not otherwise present for direct investments by NNN. It is possible that NNN’s co-venturers or partners may have different interests or goals than NNN at any time and they may take actions contrary to NNN’s requests, policies or objectives, including NNN’s policy with respect to maintaining its qualification as a REIT. Other risks of joint venture or partnership investments include impasses on decisions because in some instances no single co-venturer or partner has full control over the joint venture or partnership, respectively, or the co-venturer or partner may become insolvent, bankrupt or otherwise unable to contribute to the joint venture or partnership, respectively. Further, disputes may develop with a co-venturer or partner over decisions affecting the property, joint venture or partnership that may result in litigation, arbitration or some other form of dispute resolution.
Risks Related to Financing NNN’s Business
NNN may be unable to obtain debt or equity capital on favorable terms, if at all.
NNN may be unable to obtain capital on favorable terms, if at all, to further its business objectives or meet its existing obligations. Nearly all of NNN’s debt, including the Credit Facility, is subject to balloon principal payments due at maturity. These maturities range between 2022 and 2050. NNN's ability to make these scheduled principal payments may be adversely impacted by NNN’s inability to extend or refinance the Credit Facility, the inability to dispose of assets at an attractive price or the inability to obtain additional debt or equity capital. Capital that may be available may be materially more expensive or
13
available under terms that are materially more restrictive which would have an adverse impact on NNN’s business, financial condition and results of operations.
The amount of debt NNN has and the restrictions imposed by that debt could adversely affect NNN’s business and financial condition.
As of December 31, 2020, NNN had outstanding debt, including mortgages payable of $11,395,000, total unsecured notes payable of $3,209,527,000 and no outstanding balance on the Credit Facility. NNN’s organizational documents do not limit the level or amount of debt that it may incur. If NNN incurs additional debt and permits a higher degree of leverage, debt service requirements would increase and could adversely affect NNN’s financial condition and results of operations, as well as NNN’s ability to pay principal and interest on the outstanding debt or cash dividends to its stockholders. In addition, increased leverage could increase the risk that NNN may default on its debt obligations.
The amount of debt outstanding at any time could have important consequences to NNN’s stockholders. For example, it could:
•
require NNN to dedicate a substantial portion of its cash flow from operations to payments on its debt, thereby reducing funds available for operations, real estate investments and other business opportunities that may arise in the future,
•
increase NNN’s vulnerability to general adverse economic and industry conditions,
•
limit NNN’s ability to obtain any additional financing it may need in the future for working capital, debt refinancing, capital expenditures, real estate investments, development or other general corporate purposes,
•
make it difficult to satisfy NNN’s debt service requirements,
•
limit NNN’s ability to pay dividends in cash on its outstanding common and preferred stock,
•
limit NNN’s flexibility in planning for, or reacting to, changes in its business and the factors that affect the profitability of its business, and
•
limit NNN’s flexibility in conducting its business, which may place NNN at a disadvantage compared to competitors with less debt or debt with less restrictive terms.
NNN’s ability to make scheduled payments of principal or interest on its debt, or to retire or refinance such debt will depend primarily on its future performance, which to a certain extent is subject to the creditworthiness of its tenants, competition, and economic, financial, and other factors beyond its control. There can be no assurance that NNN’s business will continue to generate sufficient cash flow from operations in the future to service its debt or meet its other cash needs. If NNN is unable to generate sufficient cash flow from its business, it may be required to refinance all or a portion of its existing debt, sell assets or obtain additional financing to meet its debt obligations and other cash needs.
NNN cannot assure stockholders that any such refinancing, sale of assets or additional financing would be possible or, if possible, on terms and conditions, including but not limited to the interest rate, which NNN would find acceptable or would not result in a material decline in earnings.
NNN is obligated to comply with financial and other covenants in its debt instruments that could restrict its operating activities, and the failure to comply with such covenants could result in defaults that accelerate the payment of such debt.
As of December 31, 2020, NNN had approximately $3,220,922,000 of outstanding debt, of which approximately $11,395,000 was secured debt. NNN’s unsecured debt instruments contain various restrictive covenants which include, among others, provisions restricting NNN’s ability to:
•
incur or guarantee additional debt,
•
make certain distributions, investments and other restricted payments,
•
enter into transactions with certain affiliates,
•
create certain liens,
•
consolidate, merge or sell NNN’s assets, and
•
pre-pay debt.
NNN’s secured debt instruments generally contain customary covenants, including, among others, provisions:
•
requiring the maintenance of the property securing the debt,
•
restricting its ability to sell, assign or further encumber the properties securing the debt,
•
restricting its ability to incur additional debt on the property securing the debt,
•
restricting modifications to property improvements,
•
restricting its ability to amend or modify existing leases on the property securing the debt, and
14
•
establishing certain prepayment restrictions.
In addition, NNN’s debt instruments may contain cross-default provisions, in which case a default of NNN under one debt instrument will be a default of NNN under multiple or all debt instruments of NNN.
NNN’s ability to meet some of its debt covenants, including covenants related to the condition of the property or payment of real estate taxes, may be dependent on the performance by NNN’s tenants under their leases.
In addition, certain covenants in NNN’s debt instruments, including its Credit Facility, require NNN, among other things, to:
•
limit certain leverage ratios,
•
maintain certain minimum interest and debt service coverage ratios, and
•
limit investments in certain types of assets.
NNN’s failure to comply with certain of its debt covenants could result in defaults that accelerate the payment under such debt and limit the dividends paid to NNN’s common and preferred stockholders which would likely have a material adverse impact on NNN’s financial condition and results of operations. In addition, these defaults could impair its access to the debt and equity markets.
NNN’s ability to pay dividends in the future is subject to many factors.
NNN’s ability to pay dividends may be impaired if any of the risks described in this section were to occur. In addition, payment of NNN’s dividends depends upon NNN’s earnings, financial condition, maintenance of NNN’s REIT status and other factors as NNN’s Board of Directors may deem relevant from time to time.
Risks Related to – Real Estate Ownership
Owning real estate and indirect interests in real estate carries inherent risks.
NNN’s financial performance and the value of its real estate assets are subject to the risk that if the Properties do not generate revenues sufficient to meet its operating expenses, and debt service, NNN’s cash flow and ability to pay distributions to its stockholders will be adversely affected. NNN is susceptible to the following real estate industry risks, which are beyond its control:
•
changes in national, regional and local economic conditions and outlook,
•
decreases in consumer spending and retail sales or adverse changes in consumer preferences for particular goods, services or store based retailing,
•
economic downturns in the areas where the Properties are located,
•
adverse changes in local real estate market conditions, such as an oversupply of space, reduction in demand for space, loss of a large employer, intense competition for tenants, or a demographic change,
•
changes in tenant or consumer preferences that reduce the attractiveness of the Properties to tenants,
•
a decrease in demand for fossil fuels,
•
changes in zoning, regulatory restrictions, or tax laws, and
•
changes in interest rates or availability of financing.
All of these factors could result in decreases in market rental rates and increases in vacancy rates, which could adversely affect NNN’s results of operations.
NNN’s real estate investments are illiquid.
Because real estate investments are relatively illiquid, NNN’s ability to adjust the portfolio promptly in response to economic or other conditions is limited. Certain significant expenditures generally do not change in response to economic or other conditions, including: (i) debt service, (ii) real estate taxes, and (iii) operating and maintenance costs. This combination of variable revenue and relatively fixed expenditures may result, under certain market conditions, in reduced earnings and could have an adverse effect on NNN’s financial condition.
NNN may be subject to known or unknown environmental liabilities and hazardous materials on Properties owned by NNN.
There may be known or unknown environmental liabilities associated with Properties owned or acquired in the future by NNN. Certain particular uses of some Properties may also have a heightened risk of environmental liability because of the hazardous materials used in performing services on those Properties, such as convenience stores with underground petroleum storage tanks or auto parts and auto service businesses using petroleum products, paint and machine solvents. Some of the Properties may contain asbestos or asbestos-containing materials, or may contain or may develop mold
15
or other bio-contaminants. Asbestos-containing materials must be handled, managed and removed in accordance with applicable governmental laws, rules and regulations. Mold and other bio-contaminants can produce airborne toxins, may cause a variety of health issues in individuals and must be remediated in accordance with applicable governmental laws, rules and regulations.
As part of its due diligence process, NNN generally obtains an environmental site assessment for each Property it acquires. In cases where NNN intends to acquire real estate where evidence of some level of known contamination may exist, NNN generally requires the seller or tenant to (i) remediate the contamination in accordance with applicable laws, rules and regulations, (ii) indemnify NNN for environmental liabilities, and/or (iii) agree to other arrangements deemed appropriate by NNN, including, under certain circumstances, the purchase of environmental insurance. Although sellers or tenants may be contractually responsible for remediating hazardous materials on a property and may be responsible for indemnifying NNN for any liability resulting from the use of a Property and for any failure to comply with any applicable environmental laws, rules or regulations, NNN has no assurance that sellers, tenants or any other responsible party shall be able to meet their remediation and indemnity obligations to NNN. A tenant, seller or any other responsible party may not have the financial ability to meet its remediation and indemnity obligations to NNN when required. Furthermore, NNN may have strict liability to governmental agencies or third parties as a result of the existence of hazardous materials on Properties, whether or not NNN knew about or caused such hazardous materials to exist.
As of February 4, 2021, NNN had 74 Properties currently under some level of environmental remediation and/or monitoring. In general, the responsible party (which may include the seller, a previous owner, the tenant or an adjacent or former land owner) is liable for the cost of the environmental remediation for each of these Properties.
If NNN is responsible for hazardous materials located on its Properties, NNN’s liability may include investigation and remediation costs, property damage to third parties, personal injury to third parties, and governmental fines and penalties. Furthermore, the presence of hazardous materials on a Property may adversely impact the Property value or NNN’s ability to sell the Property. Significant environmental liability could impact NNN’s results of operations, ability to make distributions to stockholders, and its ability to meet its debt obligations.
In order to mitigate exposure to environmental liability, NNN maintains an environmental insurance policy which provides some coverage for substantially all of its Properties. However, the policy is subject to exclusions and limitations and does not cover all of the Properties owned by NNN. For those Properties covered under the policy, insurance may not fully compensate NNN for any environmental liability. NNN has no assurance that the insurer on its environmental insurance policy will be able to meet its obligations under the policy. NNN may not desire to renew the environmental insurance policy in place upon expiration or a replacement policy may not be available at a reasonable cost, if at all.
Risks Related to – Tax Matters
NNN’s failure to qualify as a REIT for federal income tax purposes could result in significant tax liability.
NNN intends to operate in a manner that will allow NNN to continue to qualify as a REIT. NNN believes it has been organized as, and its past and present operations qualify NNN as a REIT. However, the Internal Revenue Service (“IRS”) could successfully assert that NNN is not qualified as such. In addition, NNN may not remain qualified as a REIT in the future. Qualification as a REIT involves the application of highly technical and complex provisions of the Internal Revenue Code of 1986, as amended (the “Code”) for which there are only limited judicial or administrative interpretations and involves the determination of various factual matters and circumstances not entirely within NNN’s control. Furthermore, new tax legislation, administrative guidance or court decisions, in each instance potentially with retroactive effect, could make it more difficult or impossible for NNN to qualify as a REIT or avoid significant tax liability.
If NNN fails to qualify as a REIT, it would not be allowed a deduction for dividends paid to stockholders in computing taxable income and would become subject to federal income tax at regular corporate rates. In this event, NNN could be subject to potentially significant tax liabilities and penalties. Unless entitled to relief under certain statutory provisions, NNN would also be disqualified from treatment as a REIT for the four taxable years following the year during which the qualification was lost.
16
Compliance with REIT requirements, including distribution requirements, may limit NNN’s flexibility and may negatively affect NNN’s operating decisions.
To maintain its status as a REIT for United States federal income tax purposes, NNN must meet certain requirements on an on-going basis, including requirements regarding its sources of income, the nature and diversification of its assets, the amounts NNN distributes to its stockholders and the ownership of its shares. NNN may also be required to make distributions to its stockholders when it does not have funds readily available for distribution or at times when NNN’s funds are otherwise needed to fund expenditures or debt service requirements. NNN generally will not be subject to federal income taxes on amounts distributed to stockholders, so long as it distributes 100 percent of its REIT taxable income and meets certain other requirements for qualifying as a REIT. For each of the years in the three-year period ended December 31, 2020, NNN believes it has qualified as a REIT. Notwithstanding NNN’s qualification for taxation as a REIT, NNN is subject to certain state income, franchise and excise taxes.
The share ownership restrictions of the Internal Revenue Code for REITs and the 9.8% share ownership limit in NNN’s charter may inhibit market activity in NNN’s shares of stock and restrict NNN’s business combination opportunities.
In order to qualify as a REIT, five or fewer individuals, as defined in the Internal Revenue Code, may not own, actually or constructively, more than 50% in value of NNN’s issued and outstanding shares of stock at any time during the last half of each taxable year, other than the first year for which a REIT election is made. Attribution rules in the Internal Revenue Code determine if any individual or entity actually or constructively owns NNN’s shares of stock under this requirement. Additionally, at least 100 persons must beneficially own NNN’s shares of stock during at least 335 days of a taxable year for each taxable year, other than the first year for which a REIT election is made. To help ensure that NNN meets these tests, among other purposes, NNN’s charter restricts the acquisition and ownership of NNN’s shares of stock.
NNN’s charter, with certain exceptions, authorizes NNN’s Board of Directors to take such actions as are necessary and desirable to preserve NNN’s qualification as a REIT while NNN so qualifies. Unless exempted by the Board of Directors, for so long as NNN qualifies as a REIT, NNN’s charter prohibits, among other limitations on ownership and transfer of shares of NNN’s stock, any person from beneficially or constructively owning (applying certain attribution rules under the Internal Revenue Code) more than 9.8% in value of the aggregate of NNN’s outstanding shares of stock and more than 9.8% (in value or in number of shares, whichever is more restrictive) of any class or series of NNN’s shares of stock. The Board of Directors, in its sole discretion and upon receipt of certain representations and undertakings, may exempt a person (prospectively or retrospectively) from the ownership limits. However, the Board of Directors may not, among other limitations, grant an exemption from these ownership restrictions to any proposed transferee whose ownership, direct or indirect, in excess of the 9.8% ownership limit would result in the termination of NNN’s qualification as a REIT. These restrictions on transferability and ownership will not apply, however, if the Board of Directors determines that it is no longer in NNN’s best interest to continue to qualify as a REIT or that compliance with the restrictions is no longer required in order for us to continue to so qualify as a REIT. These ownership limits could delay or prevent a transaction or a change in control that might involve a premium price for our common stock or otherwise be in the best interest of NNN’s stockholders.
Risks Related to – Governmental Laws and Regulations
Costs of complying with changes in governmental laws and regulations may adversely affect NNN’s results of operations.
NNN cannot predict what laws or regulations will be enacted in the future, how future laws or regulations will be administered or interpreted, or how future laws or regulations will affect NNN, its Properties or its tenants, including, but not limited to environmental laws and regulations. Compliance with new laws or regulations, or stricter interpretation of existing laws, may require NNN, its tenants, or consumers to incur significant expenditures, impose significant liability, restrict or prohibit business activities and could cause a material adverse effect on NNN’s results of operation.
Non-compliance with Title III of the Americans with Disabilities Act of 1990 could have an adverse effect on NNN's business and operating results.
The Properties, as commercial facilities, are required to comply with the ADA. NNN's tenants will typically have primary responsibility for complying with the ADA, but NNN may incur costs if the tenant does not comply. As of February 4, 2021, NNN had not been notified by any governmental authority of, nor is NNN’s management aware of, any non-compliance with the ADA that NNN’s management believes would have a material adverse effect on its business, financial position or results of operations.
17
General Risks
NNN's loss of key management personnel could adversely affect performance and the value of its securities.
NNN is dependent on the efforts of its key management. Competition for senior management personnel can be intense and NNN may not be able to retain its key management. Although NNN believes qualified replacements could be found for any departures of key management, the loss of their services could adversely affect NNN's performance and the value of its securities.
NNN’s failure to maintain effective internal control over financial reporting could have a material adverse effect on its business, operating results and the market value of NNN's securities.
Section 404 of the Sarbanes-Oxley Act of 2002 requires annual management assessments of the effectiveness of the Company’s internal control over financial reporting. If NNN fails to maintain the adequacy of its internal control over financial reporting, as such standards may be modified, supplemented or amended from time to time, NNN may not be able to ensure that it can conclude on an ongoing basis that it has effective internal control over financial reporting in accordance with Section 404 of the Sarbanes-Oxley Act of 2002. Moreover, effective internal control over financial reporting, particularly those related to revenue recognition, are necessary for NNN to produce reliable financial reports and to maintain its qualification as a REIT and are important in helping to prevent financial fraud. If NNN cannot provide reliable financial reports or prevent fraud, its business and operating results could be harmed, REIT qualification could be jeopardized, investors could lose confidence in the Company’s reported financial information, the company's access to capital could be impaired, and the trading price of NNN’s shares could drop significantly.
Acts of violence, terrorist attacks or war may affect NNN's properties, the markets in which NNN operates and NNN’s results of operations.
Terrorist attacks or other domestic acts of violence may negatively affect NNN’s operations. There can be no assurance that there will not be attacks against businesses within the United States. These attacks may directly or indirectly impact NNN’s physical facilities or the businesses or the financial condition of its tenants, developers, borrowers, lenders or financial institutions with which NNN has a relationship. The United States is engaged in armed conflict, which could have an impact on these parties. The consequences of armed conflict are unpredictable, and NNN may not be able to foresee events that could have an adverse effect on its business or be insured for such.
More generally, any of these events or threats of these events could cause consumer confidence and spending to decrease or result in increased volatility in the United States and worldwide financial markets and economies. They also could result in, or cause a deepening of, economic recession in the United States or abroad. Any of these occurrences could have an adverse impact on NNN’s financial condition or results of operations.
Changes in accounting pronouncements could adversely impact NNN’s or NNN’s tenants’ reported financial performance.
Accounting policies and methods are fundamental to how NNN records and reports its financial condition and results of operations. From time to time the Financial Accounting Standards Board (“FASB”) and the Commission, who create and interpret appropriate accounting standards, may change the financial accounting and reporting standards or their interpretation and application of these standards that govern the preparation of NNN’s financial statements. These changes could have a material impact on NNN’s reported financial condition and results of operations. In some cases, NNN could be required to apply a new or revised standard retroactively, resulting in restating prior period financial statements. Similarly, these changes could have a material impact on NNN’s tenants’ reported financial condition or results of operations and affect their preferences regarding leasing real estate.
The market value of NNN’s equity and debt securities is subject to various factors that may cause significant fluctuations or volatility.
As with other publicly traded securities, the market price of NNN’s equity and debt securities depends on various factors, which may change from time-to-time and/or may be unrelated to NNN’s financial condition, operating performance or prospects that may cause significant fluctuations or volatility in such prices. These factors, among others, include:
•
general economic and financial market conditions,
•
level and trend of interest rates,
•
changes in government fiscal, monetary, regulatory, or taxation policies,
•
NNN’s ability to access the capital markets to raise additional capital,
•
the issuance of additional equity or debt securities,
18
•
changes in NNN’s funds from operations or earnings estimates,
•
changes in NNN’s debt ratings or analyst ratings,
•
NNN’s financial condition and performance,
•
market perception of NNN compared to other REITs, and
•
market perception of REITs compared to other investment sectors.
The phase-out of LIBOR could affect interest rates under NNN's variable rate debt.
LIBOR is used as a reference rate for NNN’s revolving Credit Facility. On July 27, 2017, the United Kingdom's Financial Conduct Authority announced it intends to stop compelling banks to submit rates for the calculation of LIBOR after 2021. It is unclear if LIBOR will cease to exist at that time, if a new method of calculating LIBOR will be established, or if an alternative reference rate will be established. The Federal Reserve Board and the Federal Reserve Bank of New York organized the Alternative Reference Rates Committee which identified the Secured Overnight Financing Rate (“SOFR”) as its preferred alternative to United States dollar LIBOR in derivatives and other financial contracts. NNN is not able to predict when LIBOR will cease to be available or if SOFR, or another alternative rate reference rate, attains market traction as a LIBOR replacement. If LIBOR ceases to exist, NNN will need to agree upon a benchmark replacement index with the bank, and as such the interest rate on its Credit Facility may change. The new rate may not be as favorable as those in effect prior to any LIBOR phase-out. Furthermore, the transition process may result in delays in funding, higher interest expense, additional expenses, and increased volatility in markets for instruments that currently rely on LIBOR, all of which could negatively impact NNN's cash flow.
Even if NNN remains qualified as a REIT, NNN faces other tax liabilities that reduce operating results and cash flow.
Even if NNN remains qualified for taxation as a REIT, NNN is subject to certain federal, state and local taxes on its income and assets, including taxes on any undistributed income, tax on income from some activities conducted as a result of a foreclosure, and state or local income, property and transfer taxes. Any increase of these taxes would decrease earnings and cash available for distribution to stockholders. In addition, in order to meet certain REIT qualification requirements, NNN may elect to own some of its assets in a TRS.
Adverse legislative or regulatory tax changes could reduce NNN’s earnings and cash flow and the market value of NNN’s securities.
At any time, the federal and state income tax laws or the administrative interpretations of those laws may change. Any such changes may have current and retroactive effects, and could adversely affect NNN or its stockholders. Legislation could cause shares in non-REIT entities to be a more attractive investment to individual investors than shares in REITs, and could have an adverse effect on the value of NNN’s securities.
19
Item 1B.
Unresolved Staff Comments
None.
Item 2.
Properties
Please refer to Item 1. “Business.”
Item 3.
Legal Proceedings
In the ordinary course of its business, NNN is a party to various legal actions that management believes are routine in nature and incidental to the operation of the business of NNN. Management does not believe that any of these proceedings are material.
Item 4.
Mine Safety Disclosures
None.
20
PART II
Item 5.
Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities
Market Information.
The common stock of NNN currently is traded on the NYSE under the symbol “NNN.”
Performance Graphs.
Set forth below is a line graph comparing the cumulative total stockholder return on NNN’s common stock, based on the market price of the common stock and assuming reinvestment of dividends, with the FTSE National Association of Real Estate Investment Trusts Equity Index (“FNER”) and the S&P 500 Index (“S&P”) for the five-year period commencing December 31, 2015 and ending December 31, 2020. The graph assumes an investment of $100 on December 31, 2015.
Comparison to Five-Year Cumulative Total Return
21
Set forth below is a line graph comparing the cumulative total stockholder return on NNN’s common stock, based on the market price of the common stock and assuming reinvestment of dividends, with the FTSE National Association of Real Estate Investment Trusts Equity Index (“FNER”) and the S&P 500 Index (“S&P”) for the fifteen-year period commencing December 31, 2005 and ending December 31, 2020. The graph assumes an investment of $100 on December 31, 2005.
Comparison to Fifteen-Year Cumulative Total Return
Dividends.
NNN intends to pay regular quarterly dividends to its stockholders, although all future distributions will be declared and paid at the discretion of the Board of Directors and will depend upon cash generated by operating activities, NNN’s financial condition, capital requirements, annual distribution requirements under the REIT provisions of the Code and such other factors as the Board of Directors deems relevant.
In January 2021, NNN declared dividends payable to its stockholders of $90,847,000, or $0.520 per share, of common stock.
Holders.
On January 28, 2021, there were 1,643 registered holders of record of NNN's common stock. Many of NNN's shares of common stock are held by brokers and institutions on behalf of stockholders, NNN is unable to estimate the total number of stockholders represented by these record holders.
Securities Authorized for Issuance Under Equity Compensation Plans.
None.
Sale of Unregistered Securities.
None.
Issuer Purchases of Equity Securities.
None.
22
Item 6. Selected Financial Data
NNN early adopted the final rule as issued on January 21, 2021 by the Securities and Exchange Commission (the "Commission") related to amendments to modernize, simplify, and enhance certain financial disclosure requirements in Regulation S-K. Specifically, the requirement for Item 301 of Regulation S-K, which was required by Item 6 of this Form 10-K, has been eliminated.
Item 7.
Management’s Discussion and Analysis of Financial Condition and Results of Operations
This section generally discusses 2020 and 2019 items and year-to-year comparisons between 2020 and 2019. Discussions of 2018 items and year-to-year comparisons between 2019 and 2018 that are not included in this annual report on Form 10-K can be found in “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in Part II, Item 7 of our Annual Report on Form 10-K for the year ended December 31, 2019 filed with the Commission on February 11, 2020.
The term "NNN" or the "Company" refers to National Retail Properties, Inc. and all of its consolidated subsidiaries. NNN may elect to treat certain subsidiaries as taxable real estate investment trust subsidiaries, ("TRS").
Forward-Looking Statements
The following discussion and analysis should be read in conjunction with the consolidated financial statements and related notes included elsewhere in this Annual Report on Form 10-K. NNN makes statements in this section that are forward-looking statements within the meaning of the federal securities laws. For a complete discussion of forward-looking statements, see the section in this report entitled “Forward-Looking Statements.” Certain risks may cause NNN’s actual results, performance or achievements to differ materially from those expressed or implied by the following discussion. For a discussion of such risk factors, see “Item 1A. Risk Factors.”
Overview
NNN, a Maryland corporation, is a fully integrated real estate investment trust ("REIT") formed in 1984. NNN's assets are primarily real estate assets. NNN acquires, owns, invests in and develops properties that are leased primarily to retail tenants under long-term net leases and are primarily held for investment ("Properties," or "Property Portfolio," or individually a "Property").
NNN owned 3,143 Properties with an aggregate gross leasable area of approximately 32,461,000 square feet, located in 48 states, with a weighted average remaining lease term of 10.7 years as of December 31, 2020. Approximately 99 percent of the Properties were leased as of December 31, 2020.
NNN’s management team focuses on certain key indicators to evaluate the financial condition and operating performance of NNN. The key indicators for NNN include items such as: the composition of the Property Portfolio (such as tenant, geographic and line of trade diversification), the occupancy rate of the Property Portfolio, certain financial performance ratios and profitability measures, industry trends and industry performance compared to that of NNN.
NNN evaluates the creditworthiness of its current and prospective tenants. This evaluation may include reviewing available financial statements, store level financial performance, press releases, public credit ratings from major credit rating agencies, industry news publications and financial market data (debt and equity pricing). NNN may also evaluate the business and operations of its tenants, including past payment history and periodically meeting with senior management of certain tenants.
NNN continues to maintain its diversification by tenant, geography and tenant’s line of trade. NNN’s largest lines of trade concentrations are the convenience store and restaurant (including full and limited service) sectors. These sectors represent a large part of the freestanding retail property marketplace and NNN’s management believes these sectors present attractive investment opportunities. The Property Portfolio is geographically concentrated in the south and southeast United States, which are regions of historically above-average population growth. Given these concentrations, any financial hardship within these sectors or geographic regions could have a material adverse effect on the financial condition and operating performance of NNN.
As of December 31, 2020, 2019 and 2018, the Property Portfolio remained at least 98 percent leased and had a weighted average remaining lease term of approximately 11 years. High occupancy levels coupled with a net lease structure, provides enhanced probability of maintaining operating earnings.
23
Impact of COVID-19 on NNN’s Business
Overview.
On March 11, 2020, the World Health Organization declared a novel strain of coronavirus ("COVID-19") a pandemic, and on March 13, 2020, the United States declared a national emergency with respect to COVID-19. Since that time, efforts taken in an attempt to contain the spread of COVID-19 have intensified. Several countries, including the United States, have taken steps to restrict travel, temporarily close businesses and issue quarantine orders, and it remains unclear how long such measures will remain in place.
As a result, the COVID-19 pandemic and the government reaction to it is negatively affecting almost every industry directly or indirectly. A number of NNN’s tenants have announced temporary closures of their operations and/or have requested adjustments to their lease terms during this pandemic. The actions taken by the government to mitigate the spread of COVID-19 by, at certain times, ordering closure of, or reducing capacity at, many businesses and ordering residents to generally stay at home has resulted in the loss of revenue for many of NNN's tenants and challenged their ability to pay rent. As a result, these economic hardships have increased uncertainty with respect to the collectability of lease payments and have had a negative effect on NNN's financial results, including increased accounts receivables and related allowances and recognizing revenue on a cash basis from certain of its tenants.
As of January 31, 2021, NNN had collected approximately 96% of rent originally due in the quarter ended December 31, 2020 and approximately 95% of rent originally due in January 2021.
The following table details the rental revenue collected as of January 31, 2021, excluding the repayment of amounts previously deferred according to the rent deferral lease amendments for the quarter ended December 31, 2020 as a percentage of annualized base rent:
Top 20 Lines of Trade
% of Total Annual Base Rent
(1)
% of Rent Collected
1.
Convenience stores
18.2
%
99.9
%
2.
Restaurants – full service
10.5
%
86.1
%
3.
Automotive service
10.3
%
99.5
%
4.
Restaurants – limited service
9.7
%
99.9
%
5.
Family entertainment centers
5.9
%
99.3
%
6.
Health and fitness
5.3
%
98.4
%
7.
Theaters
4.4
%
42.4
%
8.
Recreational vehicle dealers, parts and accessories
3.5
%
100.0
%
9.
Automotive parts
3.1
%
99.5
%
10.
Equipment rental
2.6
%
99.8
%
11.
Home improvement
2.6
%
99.4
%
12.
Wholesale clubs
2.6
%
99.7
%
13.
Medical service providers
2.2
%
99.9
%
14.
General merchandise
1.7
%
99.2
%
15.
Furniture
1.7
%
99.4
%
16.
Home furnishings
1.6
%
99.9
%
17.
Consumer electronics
1.5
%
100.0
%
18.
Travel plazas
1.5
%
100.0
%
19.
Drug stores
1.5
%
99.9
%
20.
Bank
1.3
%
100.0
%
Other
8.3
%
99.4
%
Total
100.0
%
95.7
%
(1)
Based on annualized base rent for all leases in place as of December 31, 2020.
24
Rent collections may continue below amounts required under the leases. Rent collections for the year ended December 31, 2020 may not be indicative of rent collections in the future.
During the year ended December 31, 2020, NNN entered into rent deferral lease amendments with certain tenants for an aggregate $50,719,000 and $1,410,000 of rent originally due for the year ending December 31, 2020 and 2021, respectively. The rent deferral lease amendments required the deferred rents to be repaid at a later time during the lease term. Approximately $3,259,000 of the deferred rent was repaid in 2020. Deferred rents of $36,794,000, $10,944,000 and $1,132,000 are due to be repaid during the years ended December 31, 2021, 2022 and 2023, respectively. Depending upon the duration of impact on tenants and the overall economic downturn resulting from the COVID-19 pandemic, future rent payments including deferred rents may be difficult to collect. Additionally, rent collections and rent relief requests for the year ended December 31, 2020 may not be indicative of rent collections and requests in the future.
A prolonged continuation of business closures, reduced capacity at businesses or other social-distancing practices may adversely impact NNN's tenants’ ability to generate sufficient revenues to meet financial obligations, and could force tenants to default on their leases, or result in the bankruptcy of tenants, which would diminish the rental revenue NNN receives under its leases. Additionally, an increase in the number of vacant properties would increase NNN’s real estate expenses, including expenses associated with ongoing maintenance and repairs, utilities, property taxes and property and liability insurance.
NNN moderated new property investments during 2020 in order to better gauge the impact of the economic downturn on retailers, retail real estate, capital markets and investment returns. NNN will continue to monitor the impact of the economic downturn, among other things, when considering new property investments in 2021. As of December 31, 2020, NNN had $267,236,000 of cash and cash equivalents and $900,000,000 available for borrowings under its unsecured revolving credit facility (the "Credit Facility"). While the impacts of COVID-19 are still unfolding, NNN currently expects these combined resources, in addition to the cash provided by NNN's operations to be sufficient to meet NNN's demand for funds.
Business Continuity.
As a result of the COVID-19 pandemic, NNN has transitioned a large portion of its associates to work remotely without any adverse impact on its ability to continue to operate its business nor has this transition had any material adverse impact on NNN's financial reporting systems, internal controls over financial reporting or disclosure controls and procedures.
The rapid development and fluidity of the economic downturn precludes any prediction as to the ultimate adverse impact on the economy, retailing and NNN and will ultimately depend on future developments, none of which can be predicted with any certainty. Nevertheless, the economic downturn presents material uncertainty and risk with respect to NNN’s performance, business or financial condition, results of operations and cash flows. See Item "1A. Risk Factors."
Critical Accounting Policies and Estimates
The preparation of NNN’s consolidated financial statements in conformance with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenues and expenses as well as other disclosures in the financial statements. On an ongoing basis, management evaluates its estimates and assumptions; however, actual results may differ from these estimates and assumptions, which in turn could have a material impact on NNN’s financial statements. A summary of NNN’s accounting policies and procedures are included in Note 1 of NNN’s consolidated financial statements. Management believes the following critical accounting policies, among others, affect its more significant estimates and assumptions used in the preparation of NNN’s consolidated financial statements.
Real Estate Portfolio.
NNN records the acquisition of real estate at cost, including acquisition and closing costs. The cost of properties developed or funded by NNN includes direct and indirect costs of construction, property taxes, interest and other miscellaneous costs incurred during the development period until the project is substantially complete and available for occupancy.
Purchase Accounting for Acquisition of Real Estate
. In accordance with the Financial Accounting Standards Board ("FASB") Accounting Standards Codification ("ASC") guidance on business combinations, consideration for the real estate acquired is allocated to the acquired tangible assets, consisting of land, building and tenant improvements and, if applicable, to identified intangible assets and liabilities, consisting of the value of above-market and below-market leases and value of in-place leases, as applicable, based on their respective fair values.
The fair value estimate is sensitive to significant assumptions, such as establishing a range of relevant market assumptions for land, building and rent and where the acquired property falls within that range. These market assumptions for land, building
25
and rent use the most relevant comparable properties for an acquisition. The final range relies upon ranking comparable properties' attributes from most similar to least similar.
Lease Accounting.
In accordance with FASB Accounting Standards Update ("ASU") 2016-02, "Leases (Topic 842)," ("ASC 842"), NNN recorded right-of-use ("ROU") assets and operating lease liabilities of approximately $7,735,000 and $10,155,000 respectively, as of January 1, 2019.
In April 2020, the FASB issued interpretive guidance relating to the accounting for lease concessions provided as a result of COVID-19. In this guidance, entities can elect not to apply lease modification accounting with respect to such lease concessions and instead, treat the concession as if it was a part of the existing contract. This guidance is only applicable to COVID-19 related lease concessions that do not result in a substantial increase in the rights of the lessor or the obligations of the lessee. NNN elected to make this policy election for COVID-19 lease concessions, including the rent deferral lease amendments effective during the year ended December 31, 2020.
In accordance with ASC 842, NNN reviews the collectability of its lease payments on an ongoing basis. NNN considers collectability indicators when analyzing accounts receivable and historical bad debt levels, tenant credit-worthiness and current economic trends, all of which assists in evaluating the probability of outstanding and future lease payment collections. In addition, tenants in bankruptcy are analyzed and considerations are made in connection with the expected recovery of pre-petition and post-petition bankruptcy claims. At the point NNN deems the collection of lease payments not probable, previously recognized rental revenue is reversed and any related accrued rent and, subsequently, any lease revenue is only recognized when cash receipts are received. As a result of the review of lease payments collectability, NNN recorded a write-off of $21,792,000 of outstanding receivables and related accrued rent during the year ended December 31, 2020, and reclassified certain tenants as cash basis for accounting purposes.
NNN includes an allowance for doubtful accounts in
rental income
on the Consolidated Statements of Income and Comprehensive Income.
As of December 31, 2020, approximately six percent of total Properties, and approximately eight percent aggregate gross leasable area held in the Property Portfolio, were leased to 13 tenants that NNN has determined to recognize revenue on a cash basis. During the year ended December 31, 2020, NNN recognized $4,722,000 of rental income from certain tenants for periods following their classification to cash basis for accounting. NNN did not recognize any such revenue for the years ended December 31, 2019 and 2018.
Real Estate – Held For Sale.
Real estate held for sale is not depreciated and is recorded at the lower of cost or fair value, less costs to sell.
Impairment – Real Estate.
Based upon certain events or changes in circumstances, management periodically assesses its Properties for possible impairment whenever the carrying value of the asset, including accrued rental income, may not be recoverable through operations. Events or circumstances that may occur include changes in real estate market conditions, the ability of NNN to re-lease properties that are currently vacant or become vacant, and the ability to sell properties at a price that exceeds NNN's carrying value. Management evaluates whether an impairment in carrying value has occurred by comparing the estimated future cash flows (undiscounted and without interest charges), and the residual value of the real estate, with the carrying value of the individual asset. The future undiscounted cash flows are primarily driven by estimated future market rents. Future cash flow estimates are sensitive to the assumptions made by management regarding future market rents, which are affected by expectations about future market and economic conditions. If an impairment is indicated, a loss will be recorded for the amount by which the carrying value of the asset exceeds its estimated fair value. NNN's Properties are leased primarily to retail tenants under long-term net leases and primarily held for investment. Generally, NNN’s Property leases provide for initial terms of 10 to 20 years, which provide for cash flows over this term. NNN intends to hold these assets for the long-term, therefore, a temporary change in cash flows due to COVID-19 alone would not be an indicator of impairment.
Revenue Recognition
. Rental revenues for properties under construction commence upon completion of construction of the leased asset and delivery of the leased asset to the tenant. Rental revenues for non-development real estate assets are recognized when earned in accordance with the FASB guidance included in
Leases,
based on the terms of the lease of the leased asset. Lease termination fees are recognized when collected subsequent to the related lease that is cancelled and NNN no longer has continuing involvement with the former tenant with respect to that property.
The core principle of ASU 2014-09, “Revenue from Contracts with Customers (Topic 606)", is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. Certain contracts are
26
excluded from ASU 2014-09, including lease contracts within the scope of the FASB guidance included in Leases (Topic 842). NNN determined the key revenue stream impacted by ASU 2014-09 is
gain on disposition of real estate
reported on the Consolidated Statements of Income and Comprehensive Income. In accordance with ASU 2014-09, NNN evaluates any separate contracts or performance obligations to determine proper timing and/or amount of revenue recognition, as well as, transaction price allocation.
New Accounting Pronouncements.
Refer to Note 1 of the December 31, 2020, Consolidated Financial Statements for a summary and the anticipated impact of each accounting pronouncement on NNN's financial position or results of operations.
Results of Operations
Property Analysis
General.
The following table summarizes the Property Portfolio as of December 31:
2020
2019
2018
Properties Owned:
Number
3,143
3,118
2,969
Total gross leasable area (square feet)
32,461,000
32,460,000
30,487,000
Properties:
Leased and unimproved land
3,096
3,086
2,917
Percent of Properties – leased and unimproved land
99
%
99
%
98
%
Weighted average remaining lease term (years)
10.7
11.2
11.5
Total gross leasable area (square feet) – leased
31,631,000
31,818,000
29,439,000
The following table summarizes the lease expirations, assuming none of the tenants exercise renewal options, of the Property Portfolio for each of the next 10 years and then thereafter in the aggregate as of December 31, 2020:
% of
Annual
Base Rent
(1)
# of
Properties
Gross
Leasable
Area
(2)
% of
Annual
Base Rent
(1)
# of
Properties
Gross
Leasable
Area
(2)
2021
3.0%
108
1,120,000
2027
6.3%
172
2,443,000
2022
5.4%
123
1,577,000
2028
4.8%
158
1,185,000
2023
2.8%
114
1,426,000
2029
3.0%
75
1,052,000
2024
3.6%
96
1,481,000
2030
3.6%
105
1,122,000
2025
6.2%
198
2,093,000
Thereafter
56.6%
1,758
16,364,000
2026
4.7%
186
1,768,000
(1)
Based on the annualized base rent for all leases in place as of December 31, 2020.
(2)
Approximate square feet.
27
The following table summarizes the diversification of the Property Portfolio based on the top 20 lines of trade:
% of Annual Base Rent
(1)
Top 20 Lines of Trade
2020
2019
2018
1.
Convenience stores
18.2%
18.2%
18.0%
2.
Restaurants – full service
10.5%
11.1%
11.4%
3.
Automotive service
10.3%
9.6%
8.6%
4.
Restaurants – limited service
9.7%
8.8%
8.9%
5.
Family entertainment centers
5.9%
6.7%
7.1%
6.
Health and fitness
5.3%
5.2%
5.6%
7.
Theaters
4.4%
4.7%
5.0%
8.
Recreational vehicle dealers, parts and accessories
3.5%
3.4%
3.4%
9.
Automotive parts
3.1%
3.1%
3.4%
10.
Equipment rental
2.6%
2.6%
1.9%
11.
Home improvement
2.6%
2.6%
2.2%
12.
Wholesale clubs
2.6%
2.5%
2.3%
13.
Medical service providers
2.2%
2.1%
2.2%
14.
General merchandise
1.7%
1.8%
1.6%
15.
Furniture
1.7%
1.6%
1.7%
16.
Home furnishings
1.6%
1.7%
1.5%
17.
Consumer electronics
1.5%
1.5%
1.6%
18.
Travel plazas
1.5%
1.6%
1.7%
19.
Drug stores
1.5%
1.6%
1.8%
20.
Bank
1.3%
1.3%
1.6%
Other
8.3%
8.3%
8.5%
100.0%
100.0%
100.0%
(1)
Based on annualized base rent for all leases in place as of December 31 of the respective year.
The following table summarizes the diversification of the Property Portfolio by state as of December 31, 2020:
State
# of Properties
% of Annual Base Rent
(1)
1.
Texas
503
17.5%
2.
Florida
225
8.5%
3.
Ohio
199
5.8%
4.
Illinois
145
5.1%
5.
North Carolina
156
4.5%
6.
Georgia
151
4.4%
7.
Indiana
148
4.2%
8.
Tennessee
141
3.7%
9.
Virginia
114
3.5%
10.
California
65
3.3%
Other
1,296
39.5%
3,143
100.0%
(1)
Based on annualized base rent for all leases in place as of December 31, 2020
.
28
Property Acquisitions.
The following table summarizes the Property acquisitions for each of the years ended December 31 (dollars in thousands):
2020
2019
2018
Acquisitions:
Number of Properties
63
210
265
Gross leasable area (square feet)
(1)
449,000
3,164,000
2,167,000
Initial cash yield
6.5
%
6.9
%
6.8
%
Total dollars invested
(2)
$
179,967
$
752,497
$
715,572
(1)
Includes additional square footage from completed construction on existing Properties.
(2)
Includes dollars invested in projects under construction or tenant improvements for each respective year.
NNN typically funds Property acquisitions either through borrowings under the Credit Facility or by issuing its debt or equity securities in the capital markets.
Property Dispositions.
The following table summarizes the Properties sold by NNN for each of the years ended December 31 (dollars in thousands):
2020
2019
2018
Number of properties
38
59
61
Gross leasable area (square feet)
425,000
1,113,000
686,000
Net sales proceeds
$
54,488
$
126,194
$
147,646
Net gain on disposition of real estate
$
16,238
$
32,463
$
65,070
Cap rate
6.1
%
5.9
%
5.1
%
NNN typically uses the proceeds from a Property disposition to either pay down the Credit Facility or reinvest in real estate.
Analysis of Revenue
General.
NNN’s total revenues decreased for the year ended December 31, 2020, as compared to the same period ended in 2019. The decrease is primarily due to the write-off of receivables and lower rent collection from certain tenants due to the pandemic impact. NNN's total revenues increased for the year ended December 31, 2019, as compared to the same period ended in 2018. The increase is primarily due to the increase in rental income from Property acquisitions (See "Results of Operations - Property Analysis - Property Acquisitions").
The following summarizes NNN's revenues for each of the years ended December 31 (dollars in thousands):
2020
2019
2018
2020
Versus
2019
Percent
2019
Versus
2018
Percent
Rental Revenues
(1)
$
640,754
$
652,220
$
604,615
(1.8)
%
7.9
%
Real estate expense reimbursement from tenants
18,039
16,789
16,784
7.4
%
—
Rental income
658,793
669,009
621,399
(1.5)
%
7.7
%
Interest and other income from real estate transactions
1,888
1,478
1,262
27.7
%
17.1
%
Total revenues
$
660,681
$
670,487
$
622,661
(1.5)
%
7.7
%
(1)
Includes rental income from operating leases, earned income from direct financing leases and percentage rent ("Rental Revenues").
29
Comparison of Revenues – 2020 versus 2019
Rental Income.
Rental income decreased for the year ended December 31, 2020, as compared to the same period in 2019. The decrease is primarily due to the write-off of $21,793,000 of receivables due to reclassifying certain tenants as cash basis for accounting purposes and the lower probability of collecting rent from certain tenants due to the pandemic impact. The decrease in rental income for the year ended December 31, 2020 is partially offset by an increase in Rental Revenue due to Property acquisitions:
(i)
a partial year of Rental Revenue from 63 Properties with aggregate gross leasable area of approximately 449,000 square feet acquired in 2020, and
(ii)
a full year of Rental Revenue from 210 Properties with a gross leasable area of approximately 3,164,000 square feet acquired in 2019.
Comparison of Revenues – 2019 versus 2018
Refer to “Management's Discussion and Analysis of Financial Condition and Results of Operations” in Part II, Item 7 of NNN's Annual Report on Form 10-K for the year ended December 31, 2019
filed with the Commission on February 11, 2020, for a detailed comparison of revenues for the years ended December 31, 2019 versus December 31, 2018.
Analysis of Expenses
General.
Operating expenses increased primarily due to the increase in depreciation and amortization expense and impairment losses recognized on real estate during the year ended December 31, 2020, as compared to the same period in 2019. The following summarizes NNN’s expenses for the year ended December 31 (dollars in thousands):
2020
2019
2018
2020
Versus
2019
Percent
2019
Versus
2018
Percent
General and administrative
$
38,161
$
37,651
$
34,248
1.4
%
9.9
%
Real estate
28,362
27,656
25,099
2.6
%
10.2
%
Depreciation and amortization
196,623
188,871
174,398
4.1
%
8.3
%
Leasing transaction costs
76
261
—
(70.9)
%
N/C
(1)
Impairment losses – real estate, net of recoveries
37,442
31,992
28,211
17.0
%
13.4
%
Retirement severance costs
1,766
—
1,013
N/C
(1)
(100.0)
%
Total operating expenses
$
302,430
$
286,431
$
262,969
5.6
%
8.9
%
Interest and other income
$
(417)
$
(3,112)
$
(1,810)
(86.6)
%
71.9
%
Interest expense
129,431
120,023
115,847
7.8
%
3.6
%
Loss on early extinguishment of debt
16,679
—
18,240
N/C
(1)
(100.0)
%
Total other expenses (revenues)
$
145,693
$
116,911
$
132,277
24.6
%
(11.6)
%
As a percentage of total revenues:
General and administrative
5.8
%
5.6
%
5.5
%
Real estate
4.3
%
4.1
%
4.0
%
(1)
Not calculable
Comparison of Expenses – 2020 versus 2019
General and Administrative Expenses.
General and administrative expenses increased modestly in amount and as a percentage of total revenues for the year ended December 31, 2020, as compared to the same period in 2019. The increase in general and administrative expenses for the year ended December 31, 2020, is primarily attributable to an increase in compensation costs, offset by a decrease in other general costs associated with operating NNN's business.
Real Estate.
Real estate expenses increased in amount and as a percentage of revenues for the year ended December 31, 2020, as compared to the same period in 2019. NNN focuses on real estate expenses, net of reimbursements from tenants. NNN's net real estate expenses for the years ended December 31, 2020 and 2019 were $10,323,000 and $10,867,000,
30
respectively. The decrease in real estate expenses, net of reimbursements from tenants, is primarily attributable to vacant properties sold during the year ended December 31, 2020, offset by the write-off of reimbursements from certain tenants.
Depreciation and Amortization.
Depreciation and amortization expenses increased in amount for the year ended December 31, 2020, as compared to the same period in 2019. The increase in depreciation and amortization expenses is primarily due to a partial year of depreciation from 63 Properties with aggregate gross leasable area of approximately 449,000 square feet acquired in 2020, and a full year of depreciation from 210 Properties with a gross leasable area of approximately 3,164,000 square feet acquired in 2019.
Impairment Losses – Real Estate, Net of Recoveries.
NNN reviews long-lived assets for impairment whenever certain events or changes in circumstances indicate that the carrying amount of the asset may not be recoverable. Events or circumstances that may occur include changes in real estate market conditions, the ability of NNN to re-lease properties that are currently vacant or become vacant, and the ability to sell properties at a price that exceeds NNN's carrying value. Management evaluates whether an impairment in value has occurred by comparing the estimated future cash flows (undiscounted and without interest charges), and the residual value of the real estate, with the carrying cost of the individual asset. The future undiscounted cash flows are primarily driven by estimated future market rents. Future cash flow estimates are sensitive to the assumptions made by management regarding future market rents, which are affected by expectations about future market and economic conditions. If an impairment is indicated, a loss will be recorded for the amount by which the carrying value of the asset exceeds its estimated fair value. Generally, NNN's Property leases provide for initial terms of 10 to 20 years, which provide for cash flows over this term. NNN intends to hold these assets for the long-term, therefore, a temporary change in cash flows due to COVID-19 alone would not be an indicator of impairment. During the years ended December 31, 2020 and 2019, NNN recorded $37,442,000 and $31,992,000, respectively, of real estate impairments, net of recoveries.
Retirement Severance Costs.
For the year ended December 31, 2020, retirement severance costs relate primarily to the retirement of NNN's former Chief Investment Officer on December 31, 2020.
Interest Expense.
Interest expense increased for the year ended December 31, 2020, compared to the same period in 2019. The increase is attributable to an increase in outstanding debt, including the following activity related to NNN's notes payable (dollars in thousands):
Transaction
Effective Date
Principal
Stated Interest Rate
Original Maturity
Issuance 2030 Notes
March 2020
$
400,000
2.500
%
April 2030
Issuance 2050 Notes
March 2020
300,000
3.100
%
April 2050
Redemption 2022 Notes
March 2020
(325,000)
3.800
%
October 2022
The increase in interest expense for the year ended December 31, 2020 was partially offset by a decrease of $5,163,000 in the weighted average outstanding balance, and a 20 basis points decrease in the interest rate, on the Credit Facility for the year ended December 31, 2020, as compared to the same period in 2019. The Credit Facility had a weighted average outstanding balance of $18,895,000 and $24,058,000 at December 31, 2020 and 2019, respectively. In addition, interest expense for the year ended December 31, 2020, includes $2,291,000 in connection with the early redemption of the 2022 Notes described below.
Loss on Early Extinguishment of Debt.
In March 2020, NNN redeemed the $325,000,000 3.800% notes payable that were due in October 2022. The notes were redeemed at a price equal to 100% of the principal amount, plus (i) a make-whole amount of $16,679,000, and (ii) all accrued and unpaid interest.
Comparison of Expenses – 2019 versus 2018
Refer to “Management's Discussion and Analysis of Financial Condition and Results of Operations” in Part II, Item 7 of NNN's Annual Report on Form 10-K for the year ended December 31, 2019 filed with the Commission on February 11, 2020, for a detailed comparison of expenses for the years ended December 31, 2019 versus December 31, 2018.
31
Impact of Inflation
NNN’s leases typically contain provisions to mitigate the adverse impact of inflation on NNN’s results of operations. Tenant leases generally provide for limited increases in rent as a result of fixed increases, increases in the CPI, and/or, to a lesser extent, increases in the tenant’s sales volume. During times when inflation is greater than increases in rent, rent increases will not keep up with the rate of inflation.
Properties are leased to tenants under long-term, net leases which typically require the tenant to pay certain operating expenses for a Property, thus, NNN’s exposure to inflation is reduced with respect to these expenses. Inflation may have an adverse impact on NNN’s tenants.
Liquidity
General
. NNN’s demand for funds has been and will continue to be primarily for (i) payment of operating expenses and cash dividends; (ii) Property acquisitions and development; (iii) capital expenditures; (iv) payment of principal and interest on its outstanding debt; and (v) other investments.
While the total impact of the economic downturn are unknown, NNN expects to meet short-term liquidity requirements through cash and cash equivalents, cash provided from operations and NNN’s Credit Facility. As of December 31, 2020, NNN had $267,236,000 of cash and cash equivalents and $900,000,000 was available for future borrowings under the Credit Facility. NNN moderated new property investments during 2020 in order to better gauge the impact of the economic downturn on retailers, retail real estate, capital markets and investment returns. NNN will continue to monitor the impact of the economic downturn, among other things, when considering new property investments in 2021. (See "Overview - Impact of COVID-19 on NNN's Business").
NNN anticipates its long-term capital needs will be funded by the Credit Facility, cash provided from operations, the issuance of long-term debt or the issuance of common or preferred equity or other instruments convertible into or exchangeable for common or preferred equity. However, there can be no assurance that additional financing or capital will be available, or that the terms will be acceptable or advantageous to NNN.
Cash and Cash Equivalents.
NNN's cash and cash equivalents includes the aggregate of
cash and cash equivalents
and
restricted cash and cash held in escrow
from the Consolidated Balance Sheets. NNN did not have restricted cash, including cash held in escrow as of December 31, 2020, 2019 and 2018. The table below summarizes NNN’s cash flows for each of the years ended December 31 (dollars in thousands):
2020
2019
2018
Cash and cash equivalents:
Provided by operating activities
$
450,194
$
501,727
$
471,909
Used in investing activities
(142,816)
(619,408)
(609,371)
Provided by (used in) financing activities
(41,254)
4,526
250,365
Increase (decrease)
266,124
(113,155)
112,903
Net cash at beginning of year
1,112
114,267
1,364
Net cash at end of year
$
267,236
$
1,112
$
114,267
Cash provided by operating activities represents cash received primarily from Rental Revenues and interest income less cash used for general and administrative expenses. NNN’s cash flow from operating activities has been sufficient to pay the distributions for each period presented. The change in cash provided by operations for the years ended December 31, 2020, 2019 and 2018, is primarily the result of changes in revenues and expenses as discussed in “Results of Operations.” Cash generated from operations is expected to fluctuate in the future.
Changes in cash for investing activities are primarily attributable to acquisitions and dispositions of Properties. NNN typically uses cash on hand or proceeds from its Credit Facility to fund the acquisition of its Properties.
32
NNN’s financing activities for the year ended December 31, 2020, included the following significant transactions:
(i) Issuance and redemption of notes payable resulted in the following:
•
$395,062,000 in net proceeds from the issuance in March of the 2.500% notes payable due in April 2030,
•
$290,459,000 in net proceeds from the issuance in March of the 3.100% notes payable due in April 2050,
•
$325,000,000 payment in March for the early redemption of the 3.800% notes payable due in October 2022, and
•
$16,679,000 payment in March of the make-whole amount for the early redemption of the 3.800% notes payable due in October 2022.
(ii) Issuance of common stock resulted in the following net proceeds:
•
$119,185,000 from the issuance of 3,119,153 shares of common stock in connection with the at-the-market ("ATM") equity program; and
•
$5,092,000 from the issuance of 138,507 shares of common stock in connection with the Dividend Reinvestment and Stock Purchase Plan (“DRIP”).
(iii) Dividends paid:
•
$356,409,000 to common stockholders; and
•
$17,940,000 to holders of the depositary shares of NNN’s 5.200% Series F Cumulative Redeemable Preferred Stock (the "Series F Preferred Stock").
Financing Strategy.
NNN’s financing objective is to manage its capital structure effectively in order to provide sufficient capital to execute its operating strategy while servicing its debt requirements, maintaining its investment grade credit rating, staggering debt maturities and providing value to NNN’s stockholders. NNN generally utilizes debt and equity security offerings, bank borrowings, proceeds from the disposition of certain properties, and to a lesser extent, internally generated funds to meet its capital needs.
NNN typically funds its short-term liquidity requirements, including investments in additional Properties, with cash from its Credit Facility. As of December 31, 2020, there was no outstanding balance and $900,000,000 was available for future borrowings under the Credit Facility.
As of December 31, 2020, NNN’s ratio of total debt to total gross assets (before accumulated depreciation and amortization) was approximately 34 percent and the ratio of secured debt to total gross assets was less than one percent. The ratio of total debt to total market capitalization was approximately 29 percent. Certain financial agreements to which NNN is a party contain covenants that limit NNN’s ability to incur additional debt under certain circumstances. The organizational documents of NNN do not limit the absolute amount or percentage of debt that NNN may incur. Additionally, NNN may change its financing strategy.
Contractual Obligations and Commercial Commitments
. The information in the following table summarizes NNN’s contractual obligations and commercial commitments outstanding as of December 31, 2020. The table presents principal cash flows by year-end of the expected maturity for debt obligations and commercial commitments outstanding as of December 31, 2020.
Expected Maturity Date (dollars in thousands)
Total
2021
2022
2023
2024
2025
Thereafter
Long-term debt
(1)
$
3,261,241
$
630
$
664
$
359,947
$
350,000
$
400,000
$
2,150,000
Long-term debt – interest
(2)
1,222,808
119,281
119,247
110,820
99,756
91,500
682,204
Headquarters office lease
(3)
3,460
788
804
821
837
210
—
Ground leases
(4)
7,882
573
582
582
601
639
4,905
Total contractual cash obligations
$
4,495,391
$
121,272
$
121,297
$
472,170
$
451,194
$
492,349
$
2,837,109
(1)
Includes only principal amounts outstanding under mortgages payable and notes payable and excludes unamortized mortgage
premiums, note discounts and note costs. See "Debt - Mortgages Payable" and "Debt - Notes Payable".
(2)
Interest calculation on mortgage and notes payable based on stated rate of the principal amount. See "Debt - Mortgages Payable" and "Debt - Notes Payable".
(3)
NNN is a lessee for its headquarters office lease.
(4)
NNN is a lessee for three ground lease arrangements.
33
In addition to the contractual obligations outlined above, NNN has committed to fund construction on five Properties. The improvements on such Properties are estimated to be completed within 12 months. These construction commitments, at December 31, 2020, are outlined in the table below (dollars in thousands):
Total commitment
(1)
$
42,443
Less amount funded
35,094
Remaining commitment
$
7,349
(1)
Includes land, construction costs, tenant improvements, lease costs and capitalized interest
As of December 31, 2020, NNN did not have any other material contractual cash obligations, such as purchase obligations, financing lease obligations or other long-term liabilities other than those reflected in the table. In addition to items reflected in the table, NNN has issued preferred stock with cumulative preferential cash distributions, as described below under “Dividends.”
Management anticipates satisfying these obligations with a combination of NNN’s cash provided from operations, current capital resources on hand, its Credit Facility, debt or equity financings and asset dispositions.
Generally, the Properties are leased under long-term triple net leases, which require the tenant to pay all property taxes and assessments, to maintain the interior and exterior of the Property, and to carry property and liability insurance coverage. Therefore, management anticipates that capital demands to meet obligations with respect to these Properties will be modest for the foreseeable future and can be met with funds from operations and working capital. Certain Properties are subject to leases under which NNN retains responsibility for specific costs and expenses associated with the Property. Management anticipates the costs associated with these Properties, NNN's vacant Properties or those Properties that become vacant will also be met with funds from operations and working capital. NNN may be required to borrow under its Credit Facility or use other sources of capital in the event of significant capital expenditures or major repairs.
The lost revenues and increased property expenses resulting from vacant Properties or uncollectability of lease revenues could have a material adverse effect on the liquidity and results of operations if NNN is unable to re-lease the Properties at comparable rental rates and in a timely manner. NNN currently expects a short-term decrease in cash from operations as its tenants are impacted by the pandemic and, while contractually obligated, some have not paid all rent amounts due (See "Overview - Impact of COVID-19 on NNN's Business").
As of December 31, 2020, NNN owned 47 vacant, un-leased Properties which accounted for approximately one percent of total Properties held in the Property Portfolio.
Additionally, as of February 10, 2021, less than two percent of total Properties, and approximately one percent of aggregate gross leasable area held in the Property Portfolio, was leased to two tenants that are currently in bankruptcy under Chapter 11 of the United States Bankruptcy Code. As a result, these tenants have the right to reject or affirm their leases with NNN.
NNN generally monitors the financial performance of its significant tenants on an ongoing basis.
A prolonged continuation of business closures, reduced capacity at businesses or other social-distancing practices as a result of COVID-19 may adversely impact NNN's tenants' ability to generate sufficient revenues to meet financial obligations, and could force tenants to default on their leases, or result in the bankruptcy of tenants, which would diminish the rental revenue NNN receives under its leases. The rapid development and fluidity of the pandemic precludes any prediction as to the ultimate adverse impact on NNN (See "Overview - Impact of COVID-19 on NNN's Business").
Dividends.
NNN has made an election to be taxed as a REIT under Sections 856 through 860 of the Internal Revenue Code of 1986, as amended (the "Code"), and related regulations and intends to continue to operate so as to remain qualified as a REIT for federal income tax purposes. NNN generally will not be subject to federal income tax on income that it distributes to its stockholders, provided that it distributes 100 percent of its REIT taxable income and meets certain other requirements for qualifying as a REIT. If NNN fails to qualify as a REIT in any taxable year, it will be subject to federal income tax on its taxable income at regular corporate rates and will not be permitted to qualify for treatment as a REIT for federal income tax purposes for the four years following the year during which qualification is lost. Such an event could materially adversely affect NNN’s income and ability to pay dividends. NNN believes it has been structured as, and its past and present operations qualify NNN as, a REIT.
One of NNN’s primary objectives is to distribute a substantial portion of its funds available from operations to its stockholders in the form of dividends, while retaining sufficient cash for reserves and working capital purposes and maintaining its status as a REIT.
34
The following table outlines the dividends declared and paid for NNN's common stock for the years ended December 31 (dollars in thousands, except per share data):
2020
2019
2018
Dividends
$
356,409
$
333,692
$
303,164
Per share
2.070
2.030
1.950
The following presents the characterizations for tax purposes of such common stock dividends for the years ended December 31:
2020
2019
2018
Ordinary dividends
(1)
$
1.659755
80.1814
%
$
1.762899
86.8423
%
$
1.658604
85.0566
%
Capital gain
—
—
%
—
—
%
0.015534
0.7966
%
Unrecaptured Section 1250 Gain
—
—
%
—
—
%
0.042818
2.1958
%
Nontaxable distributions
0.410245
19.8186
%
0.267101
13.1577
%
0.233044
11.9510
%
$
2.070000
100.0000
%
$
2.030000
100.0000
%
$
1.950000
100.0000
%
(1)
Eligible for the 20% qualified business income deduction under section 199A of the Code that was amended by the Tax Cuts and Jobs Act signed into law on December 22, 2017, ("TCJA").
On January 15, 2021, NNN declared a dividend of $0.520 per share, payable February 16, 2021, to its common stockholders of record as of January 29, 2021.
Holders of NNN’s preferred stock issuances are entitled to receive, when and as authorized by the Board of Directors, cumulative preferential cash distributions based on the stated rate and liquidation preference per annum. The following table outlines the dividends declared and paid for NNN's preferred stock for the years ended December 31 (dollars in thousands, except per share data):
2020
2019
2018
Series E
(1)
:
Dividends
$
—
$
13,201
$
16,387
Per share
—
1.147917
1.425000
Series F
(2)
:
Dividends
17,940
17,940
17,940
Per share
1.300000
1.300000
1.300000
(1)
The Series E preferred stock was redeemed in October 2019. The dividends paid in 2019 include accumulated and unpaid dividends through, but not including, the redemption date.
(2)
The Series F Preferred Stock was issued in October 2016 and has no maturity date and will remain outstanding unless redeemed by NNN. The earliest redemption date for the Series F Preferred Stock is October 2021.
35
The following presents the characterizations for tax purposes of such preferred stock dividends for the years ended December 31:
Ordinary Dividends
(2)
Capital Gain
Unrecaptured Section 1250 Gain
Totals
2020
Percentage of Total
100.0000
%
—
%
—
%
100.0000
%
Series F
$
1.300000
$
—
$
—
$
1.300000
2019
Percentage of Total
100.0000
%
—
%
—
%
100.0000
%
Series E
(1)
$
1.147917
$
—
$
—
$
1.147917
Series F
$
1.300000
$
—
$
—
$
1.300000
2018
Percentage of Total
96.6015
%
0.9047
%
2.4938
%
100.0000
%
Series E
$
1.376571
$
0.012892
$
0.035537
$
1.425000
Series F
$
1.255820
$
0.011761
$
0.032419
$
1.300000
(1)
The Series E preferred stock was redeemed in October 2019. The dividends paid in 2019 included
accumulated and unpaid dividends through, but not including, the redemption date.
(2)
Eligible for the 20% qualified business income deduction under section 199A of the Code as amended by
the TCJA.
Capital Resources
Generally, cash needs for Property acquisitions, debt payments, capital expenditures, development and other investments have been funded by equity and debt offerings, bank borrowings, the sale of Properties and, to a lesser extent, by internally generated funds. Cash needs for operating and interest expenses and dividends have generally been funded by internally generated funds. If available, future sources of capital include proceeds from the public or private offering of NNN’s debt or equity securities, secured or unsecured borrowings from banks or other lenders, proceeds from the sale of Properties, as well as undistributed funds from operations.
Debt
NNN expects to use debt primarily for property acquisitions and development of single-tenant retail properties, either directly or through investment interests. Additionally, debt may be used to refinance existing debt.
The following is a summary of NNN’s total outstanding debt as of December 31 (dollars in thousands):
2020
Percentage
of Total
2019
Percentage
of Total
Line of credit payable
$
—
—
%
$
133,600
4.5
%
Mortgages payable
11,395
0.4
%
12,059
0.4
%
Notes payable
3,209,527
99.6
%
2,842,698
95.1
%
Total outstanding debt
$
3,220,922
100.0
%
$
2,988,357
100.0
%
36
Line of Credit Payable.
NNN's $900,000,000 Credit Facility had a weighted average outstanding balance of $18,895,000 and a weighted average interest rate of 2.6% during the year ended December 31, 2020. The Credit Facility matures January 2022, unless the Company exercises its option to extend maturity to January 2023. The Credit Facility bears interest at LIBOR plus 87.5 basis points; however, such interest rate may change pursuant to a tiered interest rate structure based on NNN's debt rating. The Credit Facility also includes an accordion feature for NNN to increase the facility size up to $1,600,000,000, subject to lender approval. In May 2020, NNN amended its Credit Facility to include the addition of new terms and definitions, and to restate certain other definitions under the former unsecured revolving credit agreement, some of which modified the financial covenant calculations. As of December 31, 2020, there was no outstanding balance and $900,000,000 was available for future borrowings under the Credit Facility.
In accordance with the terms of the Credit Facility, NNN is required to meet certain restrictive financial covenants, which, among other things, require NNN to maintain certain (i) leverage ratios, (ii) debt service coverage, (iii) cash flow coverage, and (iv) investment limitations. At December 31, 2020, NNN was in compliance with those covenants. In the event that NNN violates any of these restrictive financial covenants, it could cause the debt under the Credit Facility to be accelerated and may impair NNN’s access to the debt and equity markets and limit NNN’s ability to pay dividends to its common and preferred stockholders, each of which would likely have a material adverse impact on NNN’s financial condition and results of operations.
Mortgages Payable.
As of December 31, 2020 and 2019, NNN had mortgages payable, including unamortized premium and net of unamortized debt costs, of $11,395,000 and $12,059,000 respectively. The mortgages payable had an interest rate of 5.23% and matures July 2023. The loan is secured by a first lien on five of the Properties and the carrying value of the assets was $19,458,000 as of December 31, 2020.
Notes Payable.
Each of NNN’s outstanding series of unsecured notes is summarized in the table below (dollars in thousands):
Notes
(1)
Issue Date
Principal
Discount
(2)
Net
Price
Stated
Rate
Effective
Rate
(3)
Maturity
Date
2023
April 2013
$
350,000
$
2,594
$
347,406
3.300%
3.388%
April 2023
2024
May 2014
350,000
707
349,293
3.900%
3.924%
June 2024
2025
October 2015
400,000
964
399,036
4.000%
4.029%
November 2025
2026
December 2016
350,000
3,860
346,140
3.600%
3.733%
December 2026
2027
September 2017
400,000
1,628
398,372
3.500%
3.548%
October 2027
2028
September 2018
400,000
2,848
397,152
4.300%
4.388%
October 2028
2030
March 2020
400,000
1,288
398,712
2.500%
2.536%
April 2030
2048
September 2018
300,000
4,239
295,761
4.800%
4.890%
October 2048
2050
March 2020
300,000
6,066
293,934
3.100%
3.205%
April 2050
(1)
The proceeds from the note issuance were used to pay down outstanding debt of NNN’s Credit Facility, fund future property acquisitions and for general corporate purposes. Proceeds from the issuance of the 2028 Notes and the 2048 Notes were also used to redeem all of the $300,000 5.500% notes payable that were due 2021. Proceeds from the issuance of the 2030 Notes and the 2050 Notes were also used to redeem all of the $325,000 3.800% notes payable that were due in 2022.
(2)
The note discounts are amortized to interest expense over the respective term of each debt obligation using the effective interest method.
(3)
Includes the effects of the discount at issuance.
37
NNN entered into forward starting swaps which were hedging the risk of changes in forecasted interest payments on the forecasted issuance of long-term debt. Upon the issuance of a series of unsecured notes, NNN terminated such derivatives as outlined in the following table (dollars in thousands):
Notes
Terminated
Description
Aggregate Notional Amount
Liability (Asset) Fair Value When Terminated
(1)
Fair Value Deferred In Other Comprehensive Income
(2)
2023
April 2013
Four forward starting swaps
$
240,000
$
3,156
$
3,141
2024
May 2014
Three forward starting swaps
225,000
6,312
6,312
2025
October 2015
Four forward starting swaps
300,000
13,369
13,369
2026
December 2016
Two forward starting swaps
180,000
(13,352)
(13,345)
2027
September 2017
Two forward starting swaps
250,000
7,690
7,688
2028
September 2018
Two forward starting swaps
250,000
(4,080)
(4,080)
2030
March 2020
Three forward starting swaps
200,000
13,141
13,141
(1)
The deferred liability (asset) is being amortized over the term of the respective notes using the effective interest method.
(2)
The amount reported in accumulated other comprehensive income will be reclassified to interest expense as interest payments are made on the related notes payable.
Each series of notes represents senior, unsecured obligations of NNN and is subordinated to all secured debt of NNN. The notes are redeemable at the option of NNN, in whole or in part, at a redemption price equal to the sum of (i) the principal amount of the notes being redeemed plus all accrued and unpaid interest thereon through the redemption date, and (ii) the make-whole amount, if any, as defined in the applicable supplemental indenture relating to the notes.
In connection with the outstanding note offerings, NNN incurred debt issuance costs totaling $31,140,000 consisting primarily of underwriting discounts and commissions, legal and accounting fees, rating agency fees and printing expenses. Debt issuance costs for all note issuances have been deferred and are being amortized over the term of the respective notes using the effective interest method.
In March 2020, NNN redeemed the $325,000,000 3.800% notes payable that were due in October 2022. The notes were redeemed at a price equal to 100% of the principal amount, plus (i) a make-whole amount of $16,679,000, and (ii) all accrued and unpaid interest.
In accordance with the terms of the indentures pursuant to which NNN’s notes have been issued, NNN is required to meet certain restrictive financial covenants, which, among other things, require NNN to maintain (i) certain leverage ratios, and (ii) certain interest coverage. At December 31, 2020, NNN was in compliance with those covenants. NNN’s failure to comply with certain of its debt covenants could result in defaults that accelerate the payment under such debt and limit the dividends paid to NNN’s common and preferred stockholders which would likely have a material adverse impact on NNN’s financial condition and results of operations. In addition, these defaults could impair its access to the debt and equity markets.
NNN does not use derivatives for trading or speculative purposes or currently have any derivatives that are not designated as hedges. NNN had no derivative financial instruments outstanding at December 31, 2020.
38
Debt and Equity Securities
NNN has used, and expects to use in the future, issuances of debt and equity securities primarily to pay down its outstanding debt and to finance acquisitions. In August 2020, NNN filed a shelf registration statement with the Commission which was automatically effective and permits the issuance by NNN of an indeterminate amount of debt and equity securities.
A description of NNN’s outstanding series of publicly held notes is found under “Debt – Notes Payable” above.
NNN completed the following underwritten public offering of cumulative redeemable preferred stock that is still outstanding ("Preferred Stock Shares") (dollars in thousands, except per share data):
Series
Dividend Rate
(1)
Issued
Depositary Shares Outstanding
(2)
Gross Proceeds
Stock Issuance Costs
(3)
Dividend Per Depositary Share
Earliest Redemption Date
Series F
(4)
5.200
%
October 2016
13,800,000
$
345,000
$
10,897
$
1.300000
October 2021
(1)
Holders are entitled to receive, when and as authorized by the Board of Directors, cumulative preferential cash dividends.
(2)
Representing 1/100th of a preferred share. Series F issuance included 1,800,000 depositary shares in connection with the underwriters' over-allotment.
(3)
Consisting primarily of underwriting commissions and fees, rating agency fees, legal and accounting fees and printing expenses.
(4)
NNN used the net proceeds from the offering to repay outstanding debt under its Credit Facility, fund property acquisitions and for general corporate purposes.
The Preferred Stock Shares underlying the depositary shares rank senior to NNN’s common stock with respect to dividend rights and rights upon liquidation, dissolution or winding up of NNN. The Preferred Stock Shares have no maturity date and will remain outstanding unless redeemed. In addition, upon a change of control, as defined in the articles supplementary fixing the rights and preferences of the Preferred Stock Shares, NNN may redeem the Preferred Stock Shares underlying the depositary shares at a redemption price of $2,500.00 per share (or $25.00 per depositary share), plus all accumulated and unpaid dividends, and in limited circumstances the holders of depositary shares may convert some or all of their Preferred Stock Shares into shares of NNN's common stock at conversion rates provided in the related articles supplementary. As of February 11, 2021, the Preferred Stock Shares were not redeemable.
In October 2019, NNN redeemed all outstanding depositary shares (11,500,000) representing interests in its 5.700% Series E Preferred Stock. The Series E preferred stock was redeemed at $25.00 per depositary share, plus all accrued and unpaid dividends through, but not including, the redemption date, for an aggregate redemption price of $25.079167 per depositary share. The excess carrying amount of preferred stock redeemed over the cash paid to redeem the preferred stock was $9,856,000 of issuance costs.
Firm Commitment Underwritten Common Stock Issuances.
In September 2019, NNN filed a prospectus supplement to the prospectus contained in its February 2018 shelf registration statement and issued 7,000,000 shares of common stock at a price of $56.50 per share and received net proceeds of $379,410,000. In connection with this offering, NNN incurred stock issuance costs totaling approximately $16,090,000, consisting primarily of underwriters' fees and commissions, legal and accounting fees and printing expenses. NNN used the net proceeds from this offering to redeem the Series E preferred stock, repay outstanding debt under the Credit Facility, to fund property acquisitions, and for general corporate purposes.
39
At-The-Market Offerings.
Under NNN's shelf registration statement, NNN has established an ATM which allows NNN to sell shares of common stock from time to time. The following table outlines NNN's active ATM programs for the three years ended December 31, 2020:
2020 ATM
2018 ATM
Established date
August 2020
February 2018
Termination date
August 2023
August 2020
Total allowable shares
17,500,000
12,000,000
Total shares issued as of December 31, 2020
1,569,304
11,272,034
The following table outlines the common stock issuances pursuant to NNN's ATM equity programs for the years ended December 31 (dollars in thousands, except per share data):
2020
2019
2018
Shares of common stock
3,119,153
2,344,022
7,378,163
Average price per share (net)
$
38.21
$
53.71
$
44.48
Net proceeds
$
119,185
$
125,905
$
328,196
Stock issuance costs
(1)
$
2,130
$
1,431
$
3,821
(1)
Stock issuance costs consist primarily of underwriters' and agent's fees and commissions, and legal and
accounting fees.
Dividend Reinvestment and Stock Purchase Plan.
In February 2018, NNN filed a shelf registration statement with the Commission for its DRIP which permits the issuance by NNN of up to 10,000,000 shares of common stock. NNN's DRIP provides an economical and convenient way for current stockholders and other interested new investors to invest in NNN's common stock. The following outlines the common stock issuances pursuant to the DRIP for the years ended December 31 (dollars in thousands):
2020
2019
2018
Shares of common stock
138,507
362,918
311,048
Net proceeds
$
5,092
$
19,442
$
13,264
NNN's DRIP shelf registration statement expires in February 2021; however, NNN intends to file a new registration statement in order to continue providing current stockholders and other interested new investors an economical and convenient way to invest in NNN's common stock to raise equity capital.
40
Item7A.
Quantitative and Qualitative Disclosures About Market Risk
NNN is exposed to interest rate risk primarily as a result of its variable rate Credit Facility and its fixed rate debt which is used to finance NNN’s development and acquisition activities, as well as for general corporate purposes. NNN’s interest rate risk management objective is to limit the impact of interest rate changes on earnings and cash flows and to lower its overall borrowing costs. To achieve its objectives, NNN borrows at both fixed and variable rates on its long-term debt. As of December 31, 2020, NNN had no outstanding derivatives.
The information in the table below summarizes NNN’s market risks associated with its debt obligations outstanding as of December 31, 2020 and 2019. The table presents principal payments and related interest rates by year for debt obligations outstanding as of December 31, 2020. NNN has a variable interest rate risk on its Credit Facility which had no outstanding balance as of December 31, 2020 and $133,600,000 as of December 31, 2019. The weighted average rate for the Credit Facility for the year ended December 31, 2020 was 2.6%. The table incorporates only those debt obligations that existed as of December 31, 2020, and it does not consider those debt obligations or positions which could arise after this date and therefore has limited predictive value. As a result, NNN’s ultimate realized gain or loss with respect to interest rate fluctuations will depend on the exposures that arise during the period, NNN’s hedging strategies at that time and interest rates. If interest rates on NNN’s variable rate debt increased by one percent, NNN’s interest expense would have increased by less than one percent for the year ended December 31, 2020.
Debt Obligations (dollars in thousands)
Fixed Rate Debt
Mortgages
(1)
Unsecured Debt
(2)
Debt
Obligation
Weighted
Average
Interest Rate
Debt
Obligation
Effective
Interest
Rate
2021
$
716
5.23%
$
—
—
2022
750
5.23%
—
—
2023
9,968
5.23%
349,327
3.39%
2024
—
—
349,726
3.92%
2025
—
—
399,485
4.03%
Thereafter
—
—
2,132,812
3.68%
(3)
Total
$
11,434
5.23%
$
3,231,350
3.72%
Fair Value:
December 31, 2020
$
11,434
$
3,532,908
December 31, 2019
$
12,116
$
3,074,538
(1)
NNN's mortgages payable represent principal payments by year and include unamortized premiums and exclude debt costs.
(2)
Includes NNN’s notes payable, each exclude debt costs and are net of unamortized discounts. NNN uses market prices quoted from Bloomberg, a third party, which is a Level 1 input, to determine the fair value.
(3)
Weighted average effective interest rate for periods after 2025.
41
Item 8. Financial Statements and Supplementary Data
Report of Independent Registered Public Accounting Firm
To the Shareholders and the Board of Directors of National Retail Properties, Inc.
Opinion on Internal Control over Financial Reporting
We have audited National Retail Properties, Inc. and subsidiaries’ internal control over financial reporting as of December 31, 2020, based on criteria established in Internal Control—Integrated Framework issued by the Committee of Sponsoring Organizations of the Treadway Commission (2013 framework) (the COSO criteria). In our opinion, National Retail Properties, Inc. and subsidiaries (the Company) maintained, in all material respects, effective internal control over financial reporting as of December 31, 2020, based on the COSO criteria.
We also have audited, in accordance with the standards of the Public Company Accounting Oversight Board (United States) (PCAOB), the consolidated balance sheets of the Company as of December 31, 2020 and 2019, the related consolidated statements of income and comprehensive income, equity, and cash flows for each of the three years in the period ended December 31, 2020, and the related notes and financial statement schedules listed in the Index at Item15(a) (collectively referred to as the “financial statements”) and our report dated February 11, 2021 expressed an unqualified opinion thereon.
Basis for Opinion
The Company’s management is responsible for maintaining effective internal control over financial reporting and for its assessment of the effectiveness of internal control over financial reporting included in the accompanying Management’s Report on Internal Control over Financial Reporting. Our responsibility is to express an opinion on the Company’s internal control over financial reporting based on our audit. We are a public accounting firm registered with the PCAOB and are required to be independent with respect to the Company in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.
We conducted our audit in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether effective internal control over financial reporting was maintained in all material respects.
Our audit included obtaining an understanding of internal control over financial reporting, assessing the risk that a material weakness exists, testing and evaluating the design and operating effectiveness of internal control based on the assessed risk, and performing such other procedures as we considered necessary in the circumstances. We believe that our audit provides a reasonable basis for our opinion.
Definition and Limitations of Internal Control Over Financial Reporting
A company’s internal control over financial reporting is a process designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles. A company’s internal control over financial reporting includes those policies and procedures that (1) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the company; (2) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with generally accepted accounting principles, and that receipts and expenditures of the company are being made only in accordance with authorizations of management and directors of the company; and (3) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use, or disposition of the company’s assets that could have a material effect on the financial statements.
Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate.
/s/ Ernst & Young LLP
Orlando, Florida
February 11, 2021
42
Report of Independent Registered Public Accounting Firm
To the Shareholders and the Board of Directors of National Retail Properties, Inc.
Opinion on the Financial Statements
We have audited the accompanying consolidated balance sheets of National Retail Properties, Inc. and Subsidiaries (the Company) as of December 31, 2020 and 2019, the related consolidated statements of income and comprehensive income, equity, and cash flows for each of the three years in the period ended December 31, 2020, and the related notes and financial statement schedules listed in the Index at Item 15(a) (collectively referred to as the “consolidated financial statements”). In our opinion, the consolidated financial statements present fairly, in all material respects, the financial position of the Company at December 31, 2020 and 2019, and the results of its operations and its cash flows for each of the three years in the period ended December 31, 2020, in conformity with U.S. generally accepted accounting principles.
We also have audited, in accordance with the standards of the Public Company Accounting Oversight Board (United States) (PCAOB), the Company’s internal control over financial reporting as of December 31, 2020, based on criteria established in Internal Control-Integrated Framework issued by the Committee of Sponsoring Organizations of the Treadway Commission (2013 framework) and our report dated February 11, 2021 expressed an unqualified opinion thereon.
Basis for Opinion
These financial statements are the responsibility of the Company's management. Our responsibility is to express an opinion on the Company’s financial statements based on our audits. We are a public accounting firm registered with the PCAOB and are required to be independent with respect to the Company in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.
We conducted our audits in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud. Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that our audits provide a reasonable basis for our opinion.
Critical Audit Matters
The critical audit matters communicated below are matters arising from the current period audit of the financial statements that were communicated or required to be communicated to the audit committee and that: (1) relate to accounts or disclosures that are material to the financial statements and (2) involved our especially challenging, subjective, or complex judgments. The communication of critical audit matters does not alter in any way our opinion on the consolidated financial statements, taken as a whole, and we are not, by communicating the critical audit matters below, providing separate opinions on the critical audit matters or on the accounts or disclosures to which they relate.
43
Valuation of Real Estate Acquisitions
Description of the Matter
As discussed in Note 1 of the consolidated financial statements, real estate asset acquisitions require allocation of consideration to the acquired tangible assets, consisting of land, building and tenant improvements and, if applicable, to identified intangible assets and liabilities, based on their respective fair values. For the year ended December 31, 2020, the Company completed $180 million of real estate acquisitions accounted for as asset acquisitions.
Auditing management’s measurement of fair values and allocation of consideration to the acquired tangible assets was complex and involved subjectivity. In particular, the fair value estimates are sensitive to significant assumptions, such as establishing a range of relevant market assumptions for land, building and rent, and estimating where within that range the acquired property falls. Establishing the market assumptions for land, building and rent include identifying the relevant properties in the established range most comparable to the acquired property. The position within the range is a judgmental assumption that relies upon ranking comparable properties’ attributes from most similar to least similar.
How We Addressed the Matter in Our Audit
We obtained an understanding, evaluated the design and tested the operating effectiveness of controls over the Company’s valuation of real estate acquisitions process. For example, we tested controls over the review and selection of inputs and assumptions used in the valuation estimates and the review of the final allocation of value among the tangible assets acquired.
To test the estimated fair values of the Company’s acquired tangible assets, we performed audit procedures that included, among others, reading the purchase agreements, assessing management’s valuation techniques and testing the completeness and accuracy of the underlying data used by the Company in its analysis. For certain acquisitions, we involved our real estate valuation specialists to evaluate management’s concluded ranges of values by benchmarking against comparable properties. We also compared certain of management’s assumptions to current and comparable industry information for land, building, building improvements and market rents.
Impairment of Held and Used Real Estate Assets
Description of the Matter
At December 31, 2020 held and used real estate assets were $7,209
million. As discussed in Notes 1 and 2 of the consolidated financial statements, the Company assesses held and used real estate assets for impairment when certain events or changes in circumstances indicate the carrying amount of the asset may not be recoverable through operations. When assessing for impairment, the Company performs a recoverability test by comparing the undiscounted future cash flows of the real estate asset to the net carrying value. If the undiscounted cash flows are less than the net carrying value, the Company will estimate the real estate assets’ fair value. The estimated fair value is compared to the net carrying value to determine whether the asset is impaired.
Auditing management’s evaluation of held and used real estate assets for impairment was complex and involved subjectivity due to the significant estimation required to determine the undiscounted future cash flows of held and used assets where impairment indicators were determined to be present. In particular, future cash flow estimates were sensitive to the assumptions made by management regarding future market rents, which are affected by expectations about future market and economic conditions.
44
How We Addressed the Matter in Our Audit
We obtained an understanding, evaluated the design and tested the operating effectiveness of controls over the Company’s impairment of held and used real estate assets process. For example, we tested controls over management’s review of the market rent assumption.
To test the Company’s impairment assessment over held and used real estate assets, our audit procedures included, among others, assessing the methodologies used by management, testing the market rent assumption used to develop the estimates of future cash flows, and testing the completeness and accuracy of the underlying data used by the Company in its analysis. We evaluated the historical accuracy of the Company’s estimates by performing a historical look back on market rent assumptions. We involved our real estate valuation specialists to assist in evaluating certain market rent assumptions used by management.
Collectability of Lease Payments
Description of the Matter
For the year ended December 31, 2020, rental income was $659 million and accrued rental income, net of allowance, was $54 million at December 31, 2020. As discussed in Notes 1 and 2 of the consolidated financial statements, the Company recognizes an adjustment to rental income and accrued rental income when there is a change in the Company’s assessment as to whether the collectability of lease payments is probable. The Company considers information such as current economic trends, tenant credit worthiness and tenant’s rental payment history in performing its assessment.
Auditing management’s evaluation of collectability of rental revenues and related receivables involved subjectivity due to the judgment applied by management to determine whether a tenant’s lease payments are probable of collection.
How We Addressed the Matter in Our Audit
We obtained an understanding, evaluated the design and tested the operating effectiveness of the controls over the Company’s process to assess whether lease payments are probable of collection. For example, we tested controls over management’s review of tenants with collectability indicators, as well as gained an understanding of the collectability assessment process.
To test the Company’s assessment over whether lease payments are probable of collection, our audit procedures included, among others, assessing the methodologies used by management, evaluating the information used by the Company in performing its assessment, and testing the completeness and accuracy of the underlying data used by the Company in its analysis. For a sample of rental revenues and receivables we evaluated evidence of collectability by reviewing rent payment collections subsequent to the balance sheet date. For certain tenants we involved our valuation specialists to assist in evaluating certain information used by management in their assessment.
/s/ Ernst & Young LLP
We have served as the Company’s auditor since 2006.
Orlando, Florida
February 11, 2021
45
NATIONAL RETAIL PROPERTIES, INC.
and SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
(dollars in thousands, except per share data)
ASSETS
December 31, 2020
December 31, 2019
Real estate portfolio:
Accounted for using the operating method, net of accumulated depreciation and amortization
$
7,208,661
$
7,287,082
Accounted for using the direct financing method
3,994
4,204
Real estate held for sale
5,671
9,953
Cash and cash equivalents
267,236
1,112
Receivables, net of allowance of $
835
and $
506
, respectively
4,338
2,874
Accrued rental income, net of allowance of $
6,947
and $
1,842
, respectively
53,958
28,897
Debt costs, net of accumulated amortization of $
17,294
and $
15,574
, respectively
1,917
2,783
Other assets
92,069
97,962
Total assets
$
7,637,844
$
7,434,867
LIABILITIES AND EQUITY
Liabilities:
Line of credit payable
$
—
$
133,600
Mortgages payable, including unamortized premium and net of unamortized debt costs
11,395
12,059
Notes payable, net of unamortized discount and unamortized debt costs
3,209,527
2,842,698
Accrued interest payable
19,401
18,250
Other liabilities
78,217
96,578
Total liabilities
3,318,540
3,103,185
Commitments and contingencies (Note 17)
Equity:
Stockholders’ equity:
Preferred stock, $
0.01
par value. Authorized
15,000,000
shares
5.200
% Series F,
138,000
shares issued and outstanding, at stated liquidation value of $
2,500
per share
345,000
345,000
Common stock, $
0.01
par value. Authorized
375,000,000
shares;
175,232,971
and
171,694,209
shares issued and outstanding, respectively
1,753
1,718
Capital in excess of par value
4,633,771
4,495,314
Accumulated deficit
(
644,779
)
(
499,229
)
Accumulated other comprehensive income (loss)
(
16,445
)
(
11,128
)
Total stockholders’ equity of NNN
4,319,300
4,331,675
Noncontrolling interests
4
7
Total equity
4,319,304
4,331,682
Total liabilities and equity
$
7,637,844
$
7,434,867
See accompanying notes to consolidated financial statements.
46
NATIONAL RETAIL PROPERTIES, INC.
and SUBSIDIARIES
CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME
(dollars in thousands, except per share data)
Year Ended December 31,
2020
2019
2018
Revenues:
Rental income
$
658,793
$
669,009
$
621,399
Interest and other income from real estate transactions
1,888
1,478
1,262
660,681
670,487
622,661
Operating expenses:
General and administrative
38,161
37,651
34,248
Real estate
28,362
27,656
25,099
Depreciation and amortization
196,623
188,871
174,398
Leasing transaction costs
76
261
—
Impairment losses – real estate, net of recoveries
37,442
31,992
28,211
Retirement severance costs
1,766
—
1,013
302,430
286,431
262,969
Gain on disposition of real estate
16,238
32,463
65,070
Earnings from operations
374,489
416,519
424,762
Other expenses (revenues):
Interest and other income
(
417
)
(
3,112
)
(
1,810
)
Interest expense
129,431
120,023
115,847
Loss on early extinguishment of debt
16,679
—
18,240
145,693
116,911
132,277
Net earnings
228,796
299,608
292,485
Loss (earnings) attributable to noncontrolling interests
3
(
428
)
(
38
)
Net earnings attributable to NNN
$
228,799
$
299,180
$
292,447
See accompanying notes to consolidated financial statements.
47
NATIONAL RETAIL PROPERTIES, INC.
and SUBSIDIARIES
CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME – CONTINUED
(dollars in thousands, except per share data)
Year Ended December 31,
2020
2019
2018
Net earnings attributable to NNN
$
228,799
$
299,180
$
292,447
Series E preferred stock dividends
—
(
13,201
)
(
16,387
)
Series F preferred stock dividends
(
17,940
)
(
17,940
)
(
17,940
)
Excess of redemption value over carrying value of preferred shares redeemed
—
(
9,856
)
—
Net earnings attributable to common stockholders
$
210,859
$
258,183
$
258,120
Net earnings per share of common stock:
Basic
$
1.22
$
1.56
$
1.65
Diluted
$
1.22
$
1.56
$
1.65
Weighted average number of common shares outstanding:
Basic
172,109,713
164,688,498
155,744,601
Diluted
172,217,077
165,083,679
156,295,619
Other comprehensive income:
Net earnings attributable to NNN
$
228,799
$
299,180
$
292,447
Amortization of interest rate hedges
2,300
1,307
3,664
Fair value of forward starting swaps
(
7,617
)
(
5,524
)
4,080
Valuation adjustments – available-for-sale securities
—
116
298
Realized gain – available-for-sale securities
—
(
1,331
)
—
Comprehensive income attributable to NNN
223,482
293,748
300,489
Comprehensive income attributable to non-controlling interests
3
(
428
)
(
38
)
Total comprehensive income
$
223,485
$
293,320
$
300,451
See accompanying notes to consolidated financial statements.
48
NATIONAL RETAIL PROPERTIES, INC.
and SUBSIDIARIES
CONSOLIDATED STATEMENTS OF EQUITY
Years Ended December 31, 2020, 2019 and 2018
(dollars in thousands, except per share data)
Series E
Preferred
Stock
Series F
Preferred
Stock
Common
Stock
Capital in
Excess of
Par Value
Retained
Earnings (Loss)
Accumulated Other Comprehensive Income (Loss)
Total
Stockholders’ Equity
Noncontrolling Interests
Total
Equity
Balances at December 31, 2017
$
287,500
$
345,000
$
1,537
$
3,599,475
$
(
379,181
)
$
(
13,738
)
$
3,840,593
$
317
$
3,840,910
Net earnings
—
—
—
—
292,447
—
292,447
38
292,485
Dividends declared and paid:
$
1.42500
per depositary share of Series E preferred stock
—
—
—
—
(
16,387
)
—
(
16,387
)
—
(
16,387
)
$
1.30000
per depositary share of Series F preferred stock
—
—
—
—
(
17,940
)
—
(
17,940
)
—
(
17,940
)
$
1.95
per share of common stock
—
—
3
12,960
(
303,164
)
—
(
290,201
)
—
(
290,201
)
Issuance of common stock:
40,731
shares – director compensation
—
—
—
1,375
—
—
1,375
—
1,375
10,101
shares – stock purchase plan
—
—
—
426
—
—
426
—
426
7,378,163
shares – ATM equity program
—
—
74
331,944
—
—
332,018
—
332,018
221,484
restricted shares – net of forfeitures and repurchases
—
—
2
(
91
)
—
—
(
89
)
—
(
89
)
Stock issuance costs
—
—
—
(
3,947
)
—
—
(
3,947
)
—
(
3,947
)
Amortization of deferred compensation
—
—
—
7,913
—
—
7,913
—
7,913
Amortization of interest rate hedges
—
—
—
—
—
3,664
3,664
—
3,664
Fair value of forward starting swaps
—
—
—
—
—
4,080
4,080
—
4,080
Valuation adjustments – available-for-sale securities
—
—
—
—
—
298
298
—
298
Balances at December 31, 2018
$
287,500
$
345,000
$
1,616
$
3,950,055
$
(
424,225
)
$
(
5,696
)
$
4,154,250
$
355
$
4,154,605
See accompanying notes to consolidated financial statements.
49
NATIONAL RETAIL PROPERTIES, INC.
and SUBSIDIARIES
CONSOLIDATED STATEMENTS OF EQUITY – CONTINUED
Years Ended December 31, 2020, 2019 and 2018
(dollars in thousands, except per share data)
Series E
Preferred
Stock
Series F
Preferred
Stock
Common
Stock
Capital in
Excess of
Par Value
Retained
Earnings (Loss)
Accumulated
Other
Comprehensive Income (Loss)
Total
Stockholders’ Equity
Noncontrolling Interests
Total
Equity
Balances at December 31, 2018
$
287,500
$
345,000
$
1,616
$
3,950,055
$
(
424,225
)
$
(
5,696
)
$
4,154,250
$
355
$
4,154,605
Net earnings
—
—
—
—
299,180
—
299,180
428
299,608
Dividends declared and paid:
$
1.47917
per depositary share of Series E preferred stock
—
—
—
—
(
13,201
)
—
(
13,201
)
—
(
13,201
)
$
1.30000
per depositary share of Series F preferred stock
—
—
—
—
(
17,940
)
—
(
17,940
)
—
(
17,940
)
$
2.03
per share of common stock
—
—
4
19,069
(
333,692
)
—
(
314,619
)
—
(
314,619
)
Redemption of
11,500,000
depositary shares of Series E preferred stock
(
287,500
)
—
—
9,856
(
9,856
)
—
(
287,500
)
—
(
287,500
)
Issuance of common stock:
28,287
shares – director compensation
—
—
—
1,294
—
—
1,294
—
1,294
6,986
shares – stock purchase plan
—
—
—
370
—
—
370
—
370
2,344,022
shares – ATM equity program
—
—
24
127,313
—
—
127,337
—
127,337
7,000,000
shares – equity offering
—
—
70
395,430
—
—
395,500
—
395,500
359,650
restricted shares – net of forfeitures
—
—
4
(
4
)
—
—
—
—
—
Stock issuance costs
—
—
—
(
17,521
)
—
—
(
17,521
)
—
(
17,521
)
Amortization of deferred compensation
—
—
—
9,452
—
—
9,452
—
9,452
Amortization of interest rate hedges
—
—
—
—
—
1,307
1,307
—
1,307
Fair value of forward starting swaps
—
—
—
—
—
(
5,524
)
(
5,524
)
—
(
5,524
)
Valuation adjustments – available-for-sale securities
—
—
—
—
—
116
116
—
116
Realized gain – available-for-sale securities
—
—
—
—
—
(
1,331
)
(
1,331
)
—
(
1,331
)
Other
—
—
—
—
505
—
505
505
Distributions to noncontrolling interests
—
—
—
—
—
—
—
(
776
)
(
776
)
Balances at December 31, 2019
$
—
$
345,000
$
1,718
$
4,495,314
$
(
499,229
)
$
(
11,128
)
$
4,331,675
$
7
$
4,331,682
See accompanying notes to consolidated financial statements.
50
NATIONAL RETAIL PROPERTIES, INC.
and SUBSIDIARIES
CONSOLIDATED STATEMENTS OF EQUITY – CONTINUED
Years Ended December 31, 2020, 2019 and 2018
(dollars in thousands, except per share data)
Series E
Preferred
Stock
Series F
Preferred
Stock
Common
Stock
Capital in
Excess of
Par Value
Retained
Earnings (Loss)
Accumulated
Other
Comprehensive Income (Loss)
Total
Stockholders’ Equity
Noncontrolling Interests
Total
Equity
Balances at December 31, 2019
$
—
$
345,000
$
1,718
$
4,495,314
$
(
499,229
)
$
(
11,128
)
$
4,331,675
$
7
$
4,331,682
Net earnings
—
—
—
—
228,799
—
228,799
(
3
)
228,796
Dividends declared and paid:
$
1.30000
per depositary share of Series F preferred stock
—
—
—
—
(
17,940
)
—
(
17,940
)
—
(
17,940
)
$
2.07
per share of common stock
—
—
1
4,864
(
356,409
)
—
(
351,544
)
—
(
351,544
)
Issuance of common stock:
35,351
shares – director compensation
—
—
—
1,132
—
—
1,132
—
1,132
8,079
shares – stock purchase plan
—
—
—
308
—
—
308
—
308
3,119,153
shares – ATM equity program
—
—
31
121,284
—
—
121,315
—
121,315
263,406
restricted shares – net of forfeitures
—
—
3
(
3
)
—
—
—
—
—
Stock issuance costs
—
—
—
(
2,212
)
—
—
(
2,212
)
—
(
2,212
)
Amortization of deferred compensation
—
—
—
13,084
—
—
13,084
—
13,084
Amortization of interest rate hedges
—
—
—
—
—
2,300
2,300
—
2,300
Fair value of forward starting swaps
—
—
—
—
—
(
7,617
)
(
7,617
)
—
(
7,617
)
Balances at December 31, 2020
$
—
$
345,000
$
1,753
$
4,633,771
$
(
644,779
)
$
(
16,445
)
$
4,319,300
$
4
$
4,319,304
See accompanying notes to consolidated financial statements.
51
NATIONAL RETAIL PROPERTIES, INC.
and SUBSIDIARIES
CONSOLIDATED STATEMENTS OF CASH FLOWS
(dollars in thousands)
Year Ended December 31,
2020
2019
2018
Cash flows from operating activities:
Net earnings
$
228,796
$
299,608
$
292,485
Adjustments to reconcile net earnings to net cash provided by operating activities:
Depreciation and amortization
196,623
188,871
174,398
Impairment losses – real estate, net of recoveries
37,442
31,992
28,211
Loss on early extinguishment of debt
16,679
—
18,240
Amortization of notes payable discount
3,036
1,739
3,263
Amortization of debt costs
5,009
3,731
4,611
Amortization of mortgages payable premium
(
85
)
(
86
)
(
85
)
Amortization of interest rate hedges
2,300
1,307
3,664
Settlement of forward starting swaps
(
13,141
)
—
4,080
Gain on disposition of real estate
(
16,238
)
(
32,463
)
(
65,070
)
Performance incentive plan expense
14,479
11,547
10,417
Performance incentive plan payment
(
846
)
(
775
)
(
432
)
Change in operating assets and liabilities, net of assets acquired and liabilities assumed:
Decrease in real estate leased to others using the direct financing method
210
602
874
Decrease (increase) in receivables
(
1,464
)
923
(
203
)
Increase in accrued rental income
(
26,027
)
(
2,333
)
(
747
)
Decrease (increase) in other assets
488
(
96
)
793
Increase (decrease) in accrued interest payable
1,151
(
1,269
)
(
792
)
Increase (decrease) in other liabilities
1,986
(
1,379
)
(
1,516
)
Other
(
204
)
(
192
)
(
282
)
Net cash provided by operating activities
450,194
501,727
471,909
Cash flows from investing activities:
Proceeds from the disposition of real estate
53,254
123,997
148,476
Additions to real estate:
Accounted for using the operating method
(
195,944
)
(
747,521
)
(
756,971
)
Principal payments received on mortgages and notes receivable
374
3,100
—
Other
(
500
)
1,016
(
876
)
Net cash used in investing activities
(
142,816
)
(
619,408
)
(
609,371
)
See accompanying notes to consolidated financial statements.
52
NATIONAL RETAIL PROPERTIES, INC.
and SUBSIDIARIES
CONSOLIDATED STATEMENTS OF CASH FLOWS – CONTINUED
(dollars in thousands)
Year Ended December 31,
2020
2019
2018
Cash flows from financing activities:
Proceeds from line of credit payable
$
311,000
$
829,200
$
1,599,500
Repayment of line of credit payable
(
444,600
)
(
695,600
)
(
1,720,000
)
Repayment of mortgages payable
(
596
)
(
567
)
(
538
)
Proceeds from notes payable
692,646
—
692,913
Repayment of notes payable
(
325,000
)
—
(
300,000
)
Payment for early extinguishment of debt
(
16,679
)
—
(
18,240
)
Payment of debt issuance costs
(
7,941
)
(
157
)
(
7,156
)
Proceeds from issuance of common stock
126,488
542,280
345,324
Stock issuance costs
(
2,223
)
(
17,521
)
(
3,947
)
Redemption of Series E preferred stock
—
(
287,500
)
—
Payment of Series E preferred stock dividends
—
(
13,201
)
(
16,387
)
Payment of Series F preferred stock dividends
(
17,940
)
(
17,940
)
(
17,940
)
Payment of common stock dividends
(
356,409
)
(
333,692
)
(
303,164
)
Noncontrolling interest distributions
—
(
776
)
—
Net cash provided by (used in) financing activities
(
41,254
)
4,526
250,365
Net increase (decrease) in cash, cash equivalents and restricted cash
266,124
(
113,155
)
112,903
Cash, cash equivalents and restricted cash at beginning of year
(1)
1,112
114,267
1,364
Cash, cash equivalents and restricted cash at end of year
(1)
$
267,236
$
1,112
$
114,267
Supplemental disclosure of cash flow information:
Interest paid, net of amount capitalized
$
119,408
$
115,700
$
107,861
Supplemental disclosure of noncash investing and financing activities:
Change in other comprehensive income (loss)
$
(
5,317
)
$
(
5,432
)
$
8,042
Right-of-use assets recorded in connection with lease liabilities
$
—
$
8,224
$
—
Work in progress accrual balance
$
5,602
$
21,579
$
16,603
Mortgage receivable issued in connection with a real estate disposition
$
3,000
$
3,100
$
—
Change in lease classification (direct financing lease to operating lease)
$
—
$
1,246
$
565
Change in lease classification (operating lease to direct financing lease)
$
—
$
—
$
258
(1)
Cash, cash equivalents and restricted cash
is the aggregate of
cash and cash equivalents
and
restricted cash and cash held in escrow
from the Consolidated Balance Sheets. NNN did
no
t have
restricted cash, including cash held in escrow
as of December 31, 2020, 2019 and 2018.
See accompanying notes to consolidated financial statements.
53
NATIONAL RETAIL PROPERTIES, INC.
and SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
Years Ended December 31, 2020, 2019 and 2018
Note 1 –
Organization and Summary of Significant Accounting Policies:
Organization and Nature of Business
– National Retail Properties, Inc., a Maryland corporation, is a fully integrated real estate investment trust ("REIT") formed in 1984. The term "NNN" or the "Company" refers to National Retail Properties, Inc. and all of its consolidated subsidiaries. NNN may elect to treat certain subsidiaries as taxable REIT subsidiaries, ("TRS").
NNN's assets primarily include real estate assets.
NNN acquires, owns, invests in and develops properties that are leased primarily to retail tenants under long-term net leases and are primarily held for investment ("Properties" or "Property Portfolio," or individually a "Property").
December 31, 2020
Property Portfolio:
Total properties
3,143
Gross leasable area (square feet)
32,461,000
States
48
Weighted average remaining lease term (years)
10.7
NNN's operations are reported within
one
operating segment in the consolidated financial statements and all properties are considered part of the Properties or Property Portfolio. As such, property counts and calculations involving property counts reflect all NNN properties.
COVID-19 Pandemic
– On March 11, 2020, the World Health Organization declared a novel strain of coronavirus ("COVID-19") a pandemic, and on March 13, 2020, the United States declared a national emergency with respect to COVID-19. Since that time, efforts taken in an attempt to contain the spread of COVID-19 have intensified. Several countries, including the United States, have taken steps to restrict travel, temporarily close businesses and issue quarantine orders, and it remains unclear how long such measures will remain in place.
As a result, the COVID-19 pandemic and the government reaction to it is negatively affecting almost every industry directly or indirectly. A number of NNN’s tenants have announced temporary closures of their operations and/or have requested adjustments to their lease terms during this pandemic. Actions taken by the government to mitigate the spread of COVID-19 by ordering closure of, or reduced capacity at, many businesses and ordering residents to generally stay at home has resulted in the loss of revenue for many of NNN's tenants and challenged their ability to pay rent. As a result, these economic hardships have increased uncertainty with respect to the collectability of lease payments and have had a negative effect on NNN's financial results, including increased accounts receivables and related allowances and recognizing revenue on a cash basis from certain of its tenants.
During the year ended December 31, 2020, NNN entered into rent deferral lease amendments with certain tenants (See Note 2). Depending upon the duration of impact on tenants and the overall economic downturn resulting from the COVID-19 pandemic, future rent payments including deferred rents may be difficult to collect. Additionally, rent collections and rent relief requests for the year ended December 31, 2020, may not be indicative of rent collections and requests in the future.
A prolonged continuation of business closures, reduced capacity at businesses or other social-distancing practices may adversely impact NNN's tenants’ ability to generate sufficient revenues to meet financial obligations, and could force tenants to default on their leases, or result in the bankruptcy of tenants, which would diminish the rental revenue NNN receives under its leases. Additionally, an increase in the number of vacant properties would increase NNN’s real estate expenses, including expenses associated with ongoing maintenance and repairs, utilities, property taxes and property and liability insurance.
NNN moderated new property investments during 2020 in order to better gauge the impact of the economic downturn on retailers, retail real estate, capital markets and investment returns. NNN will continue to monitor the impact of the economic downturn, among other things, when considering new property investments in 2021.
54
As a result of the COVID-19 pandemic, NNN has transitioned a large portion of its associates to work remotely without any adverse impact on its ability to continue to operate its business nor has this transition had any material adverse impact on NNN's financial reporting systems, internal controls over financial reporting or disclosure controls and procedures.
The rapid development and fluidity of the economic downturn precludes any prediction as to the ultimate adverse impact on the economy, retailing and NNN and will ultimately depend on future developments, none of which can be predicted with any certainty. Nevertheless, the economic downturn presents material uncertainty and risk with respect to NNN’s performance, business or financial condition, results of operations and cash flows. See Item "1A. Risk Factors."
Principles of Consolidation
– NNN’s consolidated financial statements include the accounts of each of the respective majority owned and controlled affiliates, including transactions whereby NNN has been determined to be the primary beneficiary in accordance with the Financial Accounting Standards Board ("FASB") Accounting Standards Codification ("ASC") guidance included in
Consolidation.
All significant intercompany account balances and transactions have been eliminated.
NNN consolidates certain joint venture development entities based upon either NNN being the primary beneficiary of the respective variable interest entity or NNN having a controlling interest over the respective entity. NNN records a noncontrolling interest for its non-NNN ownership of consolidated entities.
Real Estate Portfolio
– NNN records the acquisition of real estate at cost, including acquisition and closing costs. The cost of Properties developed or funded by NNN includes direct and indirect costs of construction, property taxes, interest and other miscellaneous costs incurred during the development period until the project is substantially complete and available for occupancy. For the years ended December 31, 2020, 2019 and 2018, NNN recorded $
1,388,000
, $
1,099,000
and $
2,675,000
, respectively, in capitalized interest during development.
Purchase Accounting for Acquisition of Real Estate
– In accordance with the FASB guidance on business combinations, consideration for the real estate acquired is allocated to the acquired tangible assets, consisting of land, building and tenant improvements and, if applicable, to identified intangible assets and liabilities, consisting of the value of above-market and below-market leases and the value of in-place leases, as applicable, based on their respective fair values.
The fair value estimate is sensitive to significant assumptions, such as establishing a range of relevant market assumptions for land, building and rent and where the acquired property falls within that range. These market assumptions for land, building and rent use the most relevant comparable properties for an acquisition. The final range relies upon ranking comparable properties' attributes from most similar to least similar.
The fair value of the tangible assets of an acquired property is determined by valuing the property as if it were vacant, and the "as-if-vacant" value is then allocated to land, building and tenant improvements based on the determination of their fair values.
In allocating the fair value of the identified intangible assets and liabilities of an acquired property, above-market and below-market in-place lease values are recorded as other assets or liabilities based on the present value (using an interest rate which reflects the risks associated with the leases acquired) of the difference between (i) the contractual amounts to be paid pursuant to the in-place leases, and (ii) management’s estimate of fair market lease rates for the corresponding in-place leases, measured over a period equal to the remaining term of the lease and the applicable option terms if it is probable that the tenant will exercise options. The capitalized above-market lease values are amortized as a reduction of rental income over the remaining terms of the respective leases. The capitalized below-market lease values are amortized as an increase to rental income over the initial term unless the Company believes that it is likely that the tenant will renew the lease for an option term whereby the Company amortizes the value attributable to the renewal over the renewal period.
The aggregate value of other acquired intangible assets, consisting of in-place leases, is measured by the excess of (i) the purchase price paid for a property after adjusting existing in-place leases to market rental rates over (ii) the estimated fair value of the property as-if-vacant, determined as set forth above. The value of in-place leases exclusive of the value of above-market and below-market in-place leases is amortized to expense over the remaining non-cancelable periods of the respective leases. If a lease were to be terminated prior to its stated expiration, all unamortized amounts relating to that lease would be written off in that period. The value of tenant relationships is reviewed on individual transactions to determine if future value was derived from the acquisition.
55
NNN's real estate is generally leased to tenants on a net lease basis, whereby the tenant is responsible for all operating expenses relating to the Property, including property taxes, insurance, maintenance, repairs and capital expenditures. The leases are accounted for using either the operating or the direct financing method. Such methods are described below:
Operating method
– Properties with leases accounted for using the operating method are recorded at the cost of the real estate and depreciated on the straight-line method over their estimated remaining useful lives, which generally range from
20
to
40
years for buildings and improvements and
15
years for land improvements. Leasehold interests are amortized on the straight-line method over the terms of their respective leases. Revenue is recognized as rentals are earned and expenses (including depreciation) are charged to operations as incurred. When scheduled rentals vary during the lease term, income is recognized on a straight-line basis so as to produce a constant periodic rent over the term of the lease. Accrued rental income is the aggregate difference between the scheduled rents which vary during the lease term and the income recognized on a straight-line basis.
Direct financing method
– Properties with leases accounted for using the direct financing method are recorded at their net investment (which at the inception of the lease generally represents the cost of the Property). Unearned income is deferred and amortized into income over the lease terms so as to produce a constant periodic rate of return on NNN’s net investment in the leases.
NNN completed $
137,667,000
and $
668,489,000
of real estate acquisitions during the year ended December 31, 2020 and 2019, respectively. Additionally, NNN invested $
42,300,000
and $
84,008,000
of work in progress - improvements during the year ended December 31, 2020 and 2019, respectively.
Lease Accounting
– In accordance with FASB Accounting Standards Update ("ASU") 2016-02, "Leases (Topic 842)," ("ASC 842"), NNN recorded right-of-use ("ROU") assets and operating lease liabilities of approximately $
7,735,000
and $
10,155,000
respectively, as of January 1, 2019.
In April 2020, the FASB issued interpretive guidance relating to the accounting for lease concessions provided as a result of COVID-19. In this guidance, entities can elect not to apply lease modification accounting with respect to such lease concessions and instead, treat the concession as if it was a part of the existing contract. This guidance is only applicable to COVID-19 related lease concessions that do not result in a substantial increase in the rights of the lessor or the obligations of the lessee. NNN elected to make this policy election for COVID-19 lease concessions, including the rent deferral lease amendments effective during the year ended December 31, 2020.
In accordance with ASC 842, NNN reviews the collectability of its lease payments on an ongoing basis. NNN considers collectability indicators when analyzing accounts receivable and historical bad debt levels, tenant credit-worthiness and current economic trends, all of which assists in evaluating the probability of outstanding and future lease payment collections. In addition, tenants in bankruptcy are analyzed and considerations are made in connection with the expected recovery of pre-petition and post-petition bankruptcy claims. At the point NNN deems the collection of lease payments not probable, previously recognized rental revenue is reversed and any related accrued rent and, subsequently, any lease revenue is only recognized when cash receipts are received. As a result of the review of lease payments collectability, NNN recorded a write-off of $
21,792,000
of outstanding receivables and related accrued rent during the year ended December 31, 2020, and reclassified certain tenants as cash basis for accounting purposes.
NNN includes an allowance for doubtful accounts in
rental income
on the Consolidated Statements of Income and Comprehensive Income.
As of December 31, 2020, approximately
six
percent of total Properties, and approximately
eight
percent aggregate gross leasable area held in the Property Portfolio, were leased to
13
tenants that NNN has determined to recognize revenue on a cash basis. During the year ended December 31, 2020, NNN recognized $
4,722,000
of rental income from certain tenants for periods following their classification to cash basis for accounting. NNN did
no
t recognize any such revenue for the years ended December 31, 2019 and 2018.
56
Real Estate – Held For Sale
– Real estate held for sale is not depreciated and is recorded at the lower of cost or fair value, less cost to sell.
Real Estate Dispositions
– When real estate is disposed of, the related cost, accumulated depreciation or amortization and any accrued rental income for operating leases and the net investment for direct financing leases are removed from the accounts, and gains and losses from the dispositions are reflected in income. Gains from the disposition of real estate are generally recognized using the full accrual method in accordance with the FASB guidance included in
Real Estate Sales
, provided that various criteria relating to the terms of the sale and any subsequent involvement by NNN with the real estate sold are met.
Impairment – Real Estate
– Based upon certain events or changes in circumstances, management periodically assesses its Properties for possible impairment whenever the carrying value of the asset, including accrued rental income, may not be recoverable through operations. Events or circumstances that may occur include changes in real estate market conditions, the ability of NNN to re-lease properties that are currently vacant or become vacant, and the ability to sell properties at a price that exceeds NNN's carrying value. Management evaluates whether an impairment in carrying value has occurred by comparing the estimated future cash flows (undiscounted and without interest charges), and the residual value of the real estate, with the carrying value of the individual asset. The future undiscounted cash flows are primarily driven by estimated future market rents. Future cash flow estimates are sensitive to the assumptions made by management regarding future market rents, which are affected by expectations about future market and economic conditions. If an impairment is indicated, a loss will be recorded for the amount by which the carrying value of the asset exceeds its estimated fair value. NNN's Properties are leased primarily to retail tenants under long-term net leases and primarily held for investment. Generally, NNN’s Property leases provide for initial terms of
10
to
20
years, which provide for cash flows over this term. NNN intends to hold these assets for the long-term, therefore, a temporary change in cash flows due to COVID-19 alone would not be an indicator of impairment.
Credit Losses on Financial Instruments
– Effective January 1, 2020, NNN adopted FASB ASU 2016-13, “Financial Instruments - Credit Losses (Topic 326),” (“ASC 326”). The amendments in this update replace the incurred loss impairment methodology in current GAAP with a methodology that reflects expected credit losses and requires consideration of a broader range of reasonable and supportable information to inform credit loss estimates.
ASU 326 requires entities to estimate an expected lifetime credit loss on financial assets ranging from short-term trade accounts receivable to long-term financings. The new guidance requires a lifetime credit loss expected at inception and requires pooling of assets, which share similar risk characteristics. NNN is required to evaluate current economic conditions, as well as, make future expectations of economic conditions. In addition, the measurement of the expected credit loss is over the asset’s contractual term.
As of December 31, 2020, NNN had mortgages receivable of $
2,482,000
included in other assets on the Consolidated Balance Sheets, net of $
158,000
allowance for credit loss. NNN had
no
mortgages receivable as of December 31, 2019. NNN measures the allowance for credit loss based on the fair value of the collateral and the historical collectability trend analysis over
15
years.
Adoption of ASC 326 did not materially impact NNN’s financial position or results of operations and had no impact on cash flows.
57
Cash and Cash Equivalents
– NNN considers all highly liquid investments with a maturity of three months or less when purchased to be cash equivalents. Cash and cash equivalents consist of cash and money market accounts. Cash equivalents are stated at cost plus accrued interest, which approximates fair value.
Cash accounts maintained on behalf of NNN in demand deposits at commercial banks and money market funds may exceed federally insured levels or may be held in accounts without any federal insurance or any other insurance or guarantee. However, NNN has not experienced any losses in such accounts.
Restricted Cash and Cash Held in Escrow
– Restricted cash and cash held in escrow include (i) cash proceeds from the sale of assets held by qualified intermediaries in anticipation of the acquisition of replacement properties in tax-free exchanges under Section 1031 of the Internal Revenue Code of 1986, as amended (the "Code"), (ii) cash that has been placed in escrow for the future funding of construction commitments, or (iii) cash that is not immediately available to NNN.
Valuation of Trade Receivables
– NNN estimates the collectability of its accounts receivable related to rents, expense reimbursements and other revenues. NNN analyzes accounts receivable and historical bad debt levels, tenant credit-worthiness and current economic trends when evaluating the adequacy of the allowance for doubtful accounts. In addition, tenants in bankruptcy are analyzed and estimates are made in connection with the expected recovery of pre-petition and post-petition claims.
Debt Costs – Line of Credit Payable
–
Debt costs incurred in connection with NNN’s $
900,000,000
unsecured revolving credit facility (the "Credit Facility") have been deferred and are being amortized to interest expense over the term of the loan commitment using the straight-line method, which approximates the effective interest method. NNN has recorded debt costs associated with the Credit Facility as an asset, in
debt costs
on the Consolidated Balance Sheets.
Debt Costs – Mortgages Payable
–
Debt costs incurred in connection with NNN’s mortgages have been deferred and are being amortized over the term of the respective loan commitment using the straight-line method, which approximates the effective interest method.
These costs of $
147,000
at December 31, 2020 and 2019, are included in
mortgages payable
on the Consolidated Balance Sheets net of accumulated amortization of $
108,000
and $
90,000
, respectively.
Debt Costs – Notes Payable
–
Debt costs incurred in connection with the issuance of NNN’s unsecured notes have been deferred and are being amortized to interest expense over the term of the respective debt obligation using the effective interest method.
These costs of $
31,140,000
and $
26,932,000
at December 31, 2020 and 2019, respectively are included in
notes payable
on the Consolidated Balance Sheets net of accumulated amortization of $
9,317,000
and $
8,962,000
, respectively.
Revenue Recognition
– Rental revenues for properties under construction commence upon completion of construction of the leased asset and delivery of the leased asset to the tenant. Rental revenues for non-development real estate assets are recognized when earned in accordance with the FASB guidance included in Leases (Topic 842)
,
based on the terms of the lease of the leased asset. Lease termination fees are recognized when collected subsequent to the related lease that is cancelled and NNN no longer has continuing involvement with the former tenant with respect to that property.
The core principle of ASU 2014-09, “Revenue from Contracts with Customers (Topic 606), is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. Certain contracts are excluded from ASU 2014-09, including lease contracts within the scope of the FASB guidance included in Leases (Topic 842). NNN determined the key revenue stream impacted by ASU 2014-09 is
gain on disposition of real estate
reported on the Consolidated Statements of Income and Comprehensive Income. In accordance with ASU 2014-09, NNN evaluates any separate contracts or performance obligations to determine proper timing and/or amount of revenue recognition, as well as, transaction price allocation.
58
Earnings Per Share
– Earnings per share have been computed pursuant to the FASB guidance included in
Earnings Per Share
. The guidance requires classification of the Company’s unvested restricted share units which contain rights to receive nonforfeitable dividends, as participating securities requiring the two-class method of computing earnings per share. Under the two-class method, earnings per common share are computed by dividing the sum of distributed earnings to common stockholders and undistributed earnings allocated to common stockholders by the weighted average number of common shares outstanding for the period. In applying the two-class method, undistributed earnings are allocated to both common shares and participating securities based on the weighted average shares outstanding during the period.
The following table is a reconciliation of the numerator and denominator used in the computation of basic and diluted earnings per common share using the two-class method for the years ended December 31 (dollars in thousands):
2020
2019
2018
Basic and Diluted Earnings:
Net earnings attributable to NNN
$
228,799
$
299,180
$
292,447
Less: Series E preferred stock dividends
—
(
13,201
)
(
16,387
)
Less: Series F preferred stock dividends
(
17,940
)
(
17,940
)
(
17,940
)
Less: Excess of redemption value over carrying value of preferred shares redeemed
—
(
9,856
)
—
Net earnings available to common stockholders
210,859
258,183
258,120
Less: Earnings allocated to unvested restricted shares
(
698
)
(
601
)
(
548
)
Net earnings used in basic and diluted earnings per share
$
210,161
$
257,582
$
257,572
Basic and Diluted Weighted Average Shares Outstanding:
Weighted average number of shares outstanding
172,994,337
165,499,707
156,490,901
Less: Unvested restricted shares
(
337,078
)
(
295,773
)
(
280,633
)
Less: Unvested contingent restricted shares
(
547,546
)
(
515,436
)
(
465,667
)
Weighted average number of shares outstanding used in basic earnings per share
172,109,713
164,688,498
155,744,601
Other dilutive securities
107,364
395,181
551,018
Weighted average number of shares outstanding used in diluted earnings per share
172,217,077
165,083,679
156,295,619
Income Taxes
– NNN has made an election to be taxed as a REIT under Sections 856 through 860 of the Code, and related regulations. NNN generally will not be subject to federal income taxes on amounts distributed to stockholders, providing it distributes 100 percent of its REIT taxable income and meets certain other requirements for qualifying as a REIT. For each of the years in the three-year period ended December 31, 2020, NNN believes it has qualified as a REIT. Notwithstanding NNN’s qualification for taxation as a REIT, NNN is subject to certain state income, franchise and excise taxes.
NNN may elect to treat certain subsidiaries as taxable REIT subsidiaries pursuant to the provisions of the REIT Modernization Act. A taxable REIT subsidiary is able to engage in activities resulting in income that previously would have been disqualified from being eligible REIT income under the federal income tax regulations. As a result, certain activities of NNN which occur within its TRS entities are subject to federal and state income taxes (See Note 11). All provisions for federal income taxes in the accompanying consolidated financial statements are attributable to NNN’s taxable REIT subsidiaries.
Income taxes are accounted for under the asset and liability method as required by the FASB guidance included in
Income Taxes
. Deferred tax assets and liabilities are recognized for the temporary differences based on estimated future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases and operating loss and tax credit carryforwards. Deferred tax assets and liabilities are measured using enacted tax rates in effect for the year in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date.
59
Fair Value Measurement
– NNN’s estimates of fair value of financial and non-financial assets and liabilities are based on the framework established in the fair value accounting guidance. The framework specifies a hierarchy of valuation inputs which was established to increase consistency, clarity and comparability in fair value measurements and related disclosures. The guidance describes a fair value hierarchy based upon three levels of inputs that may be used to measure fair value, two of which are considered observable and one that is considered unobservable. The following describes the three levels:
•
Level 1 – Valuation is based upon quoted prices in active markets for identical assets or liabilities.
•
Level 2 – Valuation is based upon inputs other than Level 1 that are observable, either directly or indirectly, such as quoted prices for similar assets or liabilities, quoted prices in markets that are not active or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities.
•
Level 3 – Valuation is generated from model-based techniques that use at least one significant assumption not observable in the market. These unobservable assumptions reflect estimates of assumptions that market participants would use in pricing the asset or liability. Valuation techniques include option pricing models, discounted cash flow models and similar techniques.
Accumulated Other Comprehensive Income (Loss)
–
The following table outlines the changes in accumulated other comprehensive income (loss) for the years ended December 31, 2020 and 2019 (dollars in thousands):
Gain or Loss on Cash Flow Hedges
(1)
Gains and Losses on Available-for-Sale Securities
Total
Beginning balance, December 31, 2018
$
(
6,911
)
$
1,215
$
(
5,696
)
Other comprehensive income (loss)
(
5,524
)
116
(
5,408
)
Reclassifications from accumulated other comprehensive income to net earnings
1,307
(2)
(
1,331
)
(
24
)
Net current period other comprehensive income (loss)
(
4,217
)
(
1,215
)
(
5,432
)
Ending balance, December 31, 2019
(
11,128
)
—
(
11,128
)
Other comprehensive income (loss)
(
7,617
)
—
(
7,617
)
Reclassifications from accumulated other comprehensive income to net earnings
2,300
(2)
—
2,300
Net current period other comprehensive income (loss)
(
5,317
)
—
(
5,317
)
Ending balance, December 31, 2020
$
(
16,445
)
$
—
$
(
16,445
)
(1)
Additional disclosure is included in Note 12 – Derivatives.
(2)
Reclassifications out of other comprehensive income (loss) are recorded in
interest expense
on the Consolidated Statements of Income and Comprehensive Income. There is
no
income tax expense (benefit) resulting from this reclassification.
New Accounting Pronouncements
– In December 2019, the FASB issued ASU 2019-12, “Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes,” ("ASU 2019-12"), effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2020. The amendments simplify the accounting for income taxes by removing certain exceptions to the general principles in Topic 740. The amendments also improve consistent application of and simplify GAAP for other areas of Topic 740 by clarifying and amending existing guidance. The adoption of ASU 2019-12 will not have a significant impact on NNN's financial position or results of operations.
Use of Estimates
– Additional critical accounting policies of NNN include management’s estimates and assumptions relating to the reporting of assets and liabilities, revenues and expenses and the disclosure of contingent assets and liabilities are required to prepare the consolidated financial statements in conformity with accounting principles generally accepted in the United States of America. Significant accounting policies include management’s estimates of the useful lives used in calculating depreciation expense relating to real estate asset purchase accounting for acquisition of real estate subject to a lease, the recoverability of the carrying value of long-lived assets and management's evaluation of the probability of outstanding and future lease payment collections. Actual results could differ from those estimates.
Reclassification
– Certain items in the prior year's consolidated financial statements and notes to consolidated financial statements have been reclassified to conform to the 2020 presentation.
60
Note 2 –
Real Estate:
Real Estate – Portfolio
Leases
–
The following outlines key information for NNN’s leases at December 31, 2020:
Lease classification:
Operating
3,141
Direct financing
6
Weighted average remaining lease term (years)
10.7
The following is a summary of the general structure of the leases in the Property Portfolio, although the specific terms of each lease can vary significantly. Generally, the Property leases provide for initial terms of
10
to
20
years. The Properties are generally leased under net leases, pursuant to which the tenant typically bears responsibility for substantially all property costs and expenses associated with ongoing maintenance, repair, replacement and operation of the property, including utilities, property taxes and property and liability insurance. Certain Properties are subject to leases under which NNN retains responsibility for specific costs and expenses of the Property. NNN's leases provide for annual base rental payments (generally payable in monthly installments), and generally provide for limited increases in rent as a result of (i) increases in the Consumer Price Index ("CPI"), (ii) fixed increases, or, to a lesser extent, (iii) increases in the tenant’s sales volume.
Generally, NNN's leases provide the tenant with one or more multi-year renewal options, subject to generally the same terms and conditions provided under the initial lease term, including rent increases. NNN’s lease term is based on the non-cancellable base term unless economic incentives make it reasonably certain that an option period to extend the lease will be exercised, in which event NNN includes the options. Some of the leases also provide that in the event NNN wishes to sell the Property subject to that lease, NNN first must offer the lessee the right to purchase the Property on the same terms and conditions as any offer which NNN intends to accept for the sale of the Property.
During the year ended December 31, 2020, NNN entered into rent deferral lease amendments with certain tenants (including certain tenants accounted for as cash basis), for an aggregate $
50,719,000
and $
1,410,000
of rent originally due for the year ending December 31, 2020 and 2021, respectively. The rent deferral lease amendments required the deferred rents to be repaid at a later time during the lease term. Approximately $
3,259,000
of the deferred rent was repaid in 2020. Deferred rents of $
36,794,000
, $
10,944,000
and $
1,132,000
are due to be repaid during the years ended December 31, 2021, 2022 and 2023, respectively. Rent collections and rent relief requests for the year ended December 31, 2020, may not be indicative of collections and requests in the future. Depending on the macroeconomic conditions and the impact on tenants, deferred rents may be difficult to collect.
Real Estate Portfolio – Accounted for Using the Operating Method
–
Real estate subject to operating leases consisted of the following at December 31 (dollars in thousands):
2020
2019
Land and improvements
(1)
$
2,489,243
$
2,490,935
Buildings and improvements
6,009,797
5,916,149
Leasehold interests
355
355
8,499,395
8,407,439
Less accumulated depreciation and amortization
(
1,317,407
)
(
1,147,795
)
7,181,988
7,259,644
Work in progress – improvements
26,673
27,438
$
7,208,661
$
7,287,082
(1)
Includes $
8,421
and $
16,930
in land for Properties under construction as of December 31, 2020 and 2019, respectively.
61
NNN recognized the following revenues in rental income for the years ended December 31 (dollars in thousands):
2020
2019
2018
Rental income from operating leases
$
639,265
$
650,112
$
602,131
Earned income from direct financing leases
647
798
923
Percentage rent
842
1,310
1,561
Real estate expense reimbursement from tenants
18,039
16,789
16,784
$
658,793
$
669,009
$
621,399
Some leases provide for a free rent period or scheduled rent increases throughout the lease term. Such amounts are recognized on a straight-line basis over the terms of the leases.
For the years ended December 31, 2020, 2019 and 2018, NNN recognized $
25,449,000
, $
1,872,000
, and $
309,000
, respectively, of accrued rental income, net of reserves. Included in accrued rental income is the impact of the rent deferral lease amendments NNN entered into as a result of the COVID-19 pandemic. During the year ended December 31, 2020, NNN recorded $
30,473,000
of net accrued rental income related to such amendments.
Additionally, as a result of reclassifying certain tenants as cash basis for accounting purposes during the year ended December 31, 2020, NNN wrote-off approximately $
16,367,000
of accrued rental income for the year ended December 31, 2020.
At December 31, 2020 and 2019, the balance of accrued rental income was $
53,958,000
and $
28,897,000
, respectively, net of allowance of $
6,947,000
and $
1,842,000
, respectively.
The following is a schedule of undiscounted cash flows to be received on noncancellable operating leases as of December 31, 2020 (dollars in thousands):
2021
$
644,591
2022
590,730
2023
561,793
2024
541,901
2025
515,108
Thereafter
3,783,884
$
6,638,007
Since lease renewal periods are exercisable at the option of the tenant, the above table only presents undiscounted cash flows due during the current lease terms. In addition, this table does not include amounts for potential variable rent increases that are based on the CPI or future contingent rents which may be received on the leases based on a percentage of the tenant’s sales volume.
Real Estate Portfolio – Accounted for Using the Direct Financing Method
–
The following lists the components of net investment in direct financing leases at December 31 (dollars in thousands):
2020
2019
Minimum lease payments to be received
$
8,499
$
9,356
Estimated unguaranteed residual values
1,227
1,227
Less unearned income
(
5,732
)
(
6,379
)
Net investment in direct financing leases
$
3,994
$
4,204
62
The following is a schedule of undiscounted cash flows to be received on direct financing leases held for investment as of December 31, 2020 (dollars in thousands):
2021
$
963
2022
897
2023
895
2024
896
2025
887
Thereafter
3,961
$
8,499
Since lease renewal periods are exercisable at the option of the tenant, the above table only presents undiscounted cash flows due during the current lease terms. In addition, this table does not include amounts for potential variable rent increases that are based on the CPI or future contingent rents which may be received on the leases based on a percentage of the tenant’s sales volume.
Real Estate – Intangibles
In accordance with purchase accounting for the acquisition of real estate subject to a lease, NNN has recorded intangible assets and lease liabilities that consisted of the following at December 31 (dollars in thousands):
2020
2019
Intangible lease assets (included in
other assets
):
Above-market in-place leases
$
15,474
$
15,754
Less: accumulated amortization
(
10,271
)
(
9,897
)
Above-market in-place leases, net
$
5,203
$
5,857
In-place leases
$
118,416
$
119,846
Less: accumulated amortization
(
68,695
)
(
64,918
)
In-place leases, net
$
49,721
$
54,928
Intangible lease liabilities (included in
other liabilities
):
Below-market in-place leases
$
41,101
$
41,767
Less: accumulated amortization
(
26,486
)
(
26,135
)
Below-market in-place leases, net
$
14,615
$
15,632
The amounts amortized as a net increase to rental income for capitalized above-market and below-market leases for the years ended December 31, 2020, 2019 and 2018 were $
887,000
, $
768,000
and $
2,622,000
, respectively. The value of in-place leases amortized to expense for the years ended December 31, 2020, 2019 and 2018 was $
8,304,000
, $
7,900,000
and $
9,209,000
, respectively.
63
The following is a schedule of the amortization of acquired above-market and below-market in-place lease intangibles and the amortization of the in-place lease intangibles as of December 31, 2020 (dollars in thousands):
Above-Market and Below-Market In-Place Lease Intangibles
(1)
In-Place Lease Intangibles
(2)
2021
$
594
$
6,903
2022
470
6,443
2023
390
5,969
2024
386
5,281
2025
373
4,563
Thereafter
7,199
20,562
$
9,412
$
49,721
Weighted average amortization period (years)
18.0
10.0
(1)
Recorded as a net increase to rental income.
(2)
Amortized as an increase to amortization expense.
Real Estate – Held For Sale
On a quarterly basis, the Company evaluates its Properties for held for sale classification based on specific criteria as outlined in ASC 360,
Property, Plant & Equipment,
including management’s intent to commit to a plan to sell the asset. NNN anticipates the disposition of Properties classified as held for sale to occur within 12 months. As of December 31, 2020, NNN had
five
of its Properties categorized as held for sale. NNN's real estate held for sale at December 31, 2019, included
ten
properties,
five
of which were sold in 2020.
Real estate held for sale consisted of the following as of December 31 (dollars in thousands):
2020
2019
Land and improvements
$
3,841
$
7,046
Building and improvements
4,971
7,886
8,812
14,932
Less accumulated depreciation and amortization
(
2,536
)
(
3,872
)
Less impairment
(
605
)
(
1,107
)
$
5,671
$
9,953
Real Estate – Dispositions
The following table summarizes the Properties sold and the corresponding gain recognized on the disposition of Properties for the years ended December 31 (dollars in thousands):
2020
2019
2018
# of Sold
Properties
Gain
# of Sold
Properties
Gain
# of Sold
Properties
Gain
Gain on disposition of real estate
38
$
16,238
59
$
32,463
61
$
65,070
Real Estate – Commitments
NNN has committed to fund construction on
five
Properties. The improvements on such Properties are estimated to be completed within 12 months.
These construction commitments, at December 31, 2020, are outlined in the table below (dollars in thousands):
Total commitment
(1)
$
42,443
Less amount funded
35,094
Remaining commitment
$
7,349
(1)
Includes land, construction costs, tenant improvements, lease costs and capitalized interest.
64
Real Estate – Impairments
Management periodically assesses its real estate for possible impairment whenever certain events or changes in circumstances indicate that the carrying amount of the asset, including accrued rental income, may not be recoverable through operations. Events or circumstances that may occur include changes in real estate market conditions, the ability of NNN to re-lease properties that are currently vacant or become vacant, and the ability to sell properties at a price that exceeds NNN's carrying value. Management evaluates whether an impairment in carrying value has occurred by comparing the estimated future cash flows (undiscounted and without interest charges), and the residual value of the real estate, with the carrying value of the individual asset. The future undiscounted cash flows are primarily driven by estimated future market rents. Future cash flow estimates are sensitive to the assumptions made by management regarding future market rents, which are affected by expectations about future market and economic conditions. If an impairment is indicated, a loss will be recorded for the amount by which the carrying value of the asset exceeds its estimated fair value. NNN's Properties are leased primarily to retail tenants under long-term net leases and primarily held for investment. Generally, NNN’s Property leases provide for initial terms of
10
to
20
years, which provide for cash flows over this term.
NNN intends to hold these assets for the long-term, therefore, a temporary change in cash flows due to COVID-19 alone would not be an indicator of impairment. As a result of the Company’s review of long-lived assets, including identifiable intangible assets, NNN recognized real estate impairments, net of recoveries of $
37,442,000
, $
31,992,000
and $
28,211,000
for the year ended December 31, 2020, 2019 and 2018, respectively.
The valuation of impaired assets is determined using widely accepted valuation techniques including discounted cash flow analysis, income capitalization, analysis of recent comparable sales transactions, actual sales negotiations and bona fide purchase offers received from third parties, which are Level 3 inputs. NNN may consider a single valuation technique or multiple valuation techniques, as appropriate, when estimating the fair value of its real estate.
Note 3 –
Right-Of-Use Assets and Operating Lease Liabilities
:
NNN is a lessee for
three
ground lease arrangements and for its headquarters office lease. NNN recognized a ROU asset (recorded in
o
ther assets
on the Consolidated Balance Sheets) and an operating lease liability (recorded in
o
ther liabilities
on the Consolidated Balance Sheets) for the present value of the minimum lease payments. ROU assets represent NNN’s right to use an underlying asset for the lease term and lease liabilities represent NNN’s obligation to make lease payments arising from the lease. ROU assets and operating lease liabilities are recognized at the lease commencement date based on the estimated present value of the lease payments over the lease term. NNN’s lease term is based on the non-cancellable base term unless economic incentives make it reasonably certain that an option period to extend the lease will be exercised, in which event NNN includes the options.
NNN estimates an incremental borrowing rate, which is derived from information available at the lease commencement date, in determining the present value of the lease payments. NNN gives consideration to the Company's debt issuances, as well as, publicly available data for secured instruments with similar characteristics when calculating its incremental borrowing rates. On an annual basis, NNN will evaluate its lessee portfolio and determine if its incremental borrowing rate should be reassessed.
NNN's lease agreements do not contain any residual value guarantees.
As of December 31, 2020, NNN has recorded the following (dollars in thousands):
Ground Leases
Headquarters Office Lease
Operating lease – ROU assets
(1)
$
4,211
$
2,471
Operating lease – lease liabilities
(
5,859
)
(
3,021
)
Weighted average remaining lease term (years)
13.4
4.3
Weighted average discount rate
4.1
%
3.5
%
(1)
ROU assets are shown net of accrued lease payments of $
1,648
and $
550
, respectively.
65
The following is a schedule of the undiscounted cash flows to be paid as of December 31, 2020 (dollars in thousands):
Ground Leases
Headquarters Office Lease
2021
$
573
$
788
2022
582
804
2023
582
821
2024
601
837
2025
639
210
Thereafter
4,905
—
$
7,882
$
3,460
Note 4 –
Line of Credit Payable
:
NNN's $
900,000,000
Credit Facility had a weighted average outstanding balance of $
18,895,000
and a weighted average interest rate of
2.6
% during the year ended December 31, 2020. The Credit Facility matures January 2022, unless the Company exercises its option to extend maturity to January 2023. The Credit Facility bears interest at LIBOR plus
87.5
basis points; however, such interest rate may change pursuant to a tiered interest rate structure based on NNN's debt rating. The Credit Facility also includes an accordion feature which permits NNN to increase the facility size up to $
1,600,000,000
, subject to lender approval. In May 2020, NNN amended its Credit Facility to include the addition of new terms and definitions, and to restate certain other definitions under the former unsecured revolving credit agreement, some of which modified the financial covenant calculations. As of December 31, 2020, there was
no
outstanding balance and $
900,000,000
was available for future borrowings under the Credit Facility.
In accordance with the terms of the Credit Facility, NNN is required to meet certain restrictive financial covenants which, among other things, require NNN to maintain certain (i) leverage ratios, (ii) debt service coverage, (iii) cash flow coverage, and (iv) investment and dividend limitations. At December 31, 2020, NNN was in compliance with those covenants.
Note 5 –
Mortgages Payable
:
The following table outlines the mortgages payable included in NNN’s consolidated financial statements (dollars in thousands):
Entered
Initial
Balance
Interest
Rate
Maturity
(2)
Carrying
Value of
Encumbered
Asset(s)
(3)
Outstanding Principal
Balance at December 31,
2020
2019
November 2014
(1)
$
15,151
5.23
%
July 2023
$
19,458
$
11,434
$
12,116
Debt costs
(
147
)
(
147
)
Accumulated amortization
108
90
Debt costs, net of accumulated amortization
(
39
)
(
57
)
Mortgages payable, including unamortized premium and net of unamortized debt costs
$
11,395
$
12,059
(1)
Date entered represents the date that NNN acquired real estate subject to a mortgage securing a loan. Initial balance and outstanding principal balance includes unamortized premium.
(2)
Monthly payments include interest and principal; the balance is due at maturity.
(3)
The loan is secured by a first mortgage lien on
five
of the Properties. The carrying values of the assets at December 31, 2020.
66
The following outlines of the scheduled principal payments, including premium amortization of NNN’s mortgages payable as of December 31, 2020 (dollars in thousands):
2021
$
716
2022
750
2023
9,968
$
11,434
Note 6 –
Notes Payable
:
Each of NNN’s outstanding series of unsecured notes is summarized in the table below (dollars in thousands):
Notes
Issue Date
Principal
Discount
(1)
Net
Price
Stated
Rate
Effective
Rate
(2)
Maturity
Date
2023
(3)
April 2013
$
350,000
$
2,594
$
347,406
3.300
%
3.388
%
April 2023
(4)
2024
(3)
May 2014
350,000
707
349,293
3.900
%
3.924
%
June 2024
(4)
2025
(3)
October 2015
400,000
964
399,036
4.000
%
4.029
%
November 2025
(4)
2026
(3)
December 2016
350,000
3,860
346,140
3.600
%
3.733
%
December 2026
2027
(3)
September 2017
400,000
1,628
398,372
3.500
%
3.548
%
October 2027
2028
(3)
September 2018
400,000
2,848
397,152
4.300
%
4.388
%
October 2028
2030
(3)
March 2020
400,000
1,288
398,712
2.500
%
2.536
%
April 2030
2048
September 2018
300,000
4,239
295,761
4.800
%
4.890
%
October 2048
2050
March 2020
300,000
6,066
293,934
3.100
%
3.205
%
April 2050
(1)
The note discounts are amortized to interest expense over the respective term of each debt obligation using the effective interest method.
(2)
Includes the effects of the discount at issuance.
(3)
NNN entered into forward starting swaps which were hedging the risk of changes in forecasted interest payments on forecasted issuance of long-term debt. Upon the issuance of a series of unsecured notes, NNN terminated such derivatives, and the resulting fair value was deferred in other comprehensive income. The deferred liability (asset) is being amortized over the term of the respective notes using the effective interest method. Additional disclosure is included in Note 12 – Derivatives.
(4)
The aggregate principal balance of the unsecured note maturities for the next five years is $
1,100,000
.
Each series of the notes represents senior, unsecured obligations of NNN and is subordinated to all secured debt of NNN. Each of the notes is redeemable at the option of NNN, in whole or in part, at a redemption price equal to the sum of (i) the principal amount of the notes being redeemed plus all accrued and unpaid interest thereon through the redemption date and (ii) the make-whole amount, if any, as defined in the applicable supplemental indenture relating to the notes.
In connection with the outstanding debt offerings, NNN incurred debt issuance costs totaling $
31,140,000
consisting primarily of underwriting discounts and commissions, legal and accounting fees, rating agency fees and printing expenses. Debt issuance costs for all note issuances have been deferred and presented as a reduction to notes payable and are being amortized over the term of the respective notes using the effective interest method.
In March 2020, NNN redeemed the $
325,000,000
3.800
% notes payable that were due in October 2022. The notes were redeemed at a price equal to
100
% of the principal amount, plus (i) a make-whole amount of $
16,679,000
, and (ii) all accrued and unpaid interest.
In accordance with the terms of the indentures, pursuant to which NNN’s notes have been issued, NNN is required to meet certain restrictive financial covenants, which, among other things, require NNN to maintain (i) certain leverage ratios and (ii) certain interest coverage. At December 31, 2020, NNN was in compliance with those covenants.
67
Note 7 –
Preferred Stock
:
NNN completed the following underwritten public offering of cumulative redeemable preferred stock that is still outstanding ("Preferred Stock Shares") (dollars in thousands, except per share data):
Series
Dividend Rate
(1)
Issued
Depositary Shares Outstanding
(2)
Gross Proceeds
Stock Issuance Costs
(3)
Dividend Per Depositary Share
Earliest Redemption Date
Series F
5.200
%
October 2016
13,800,000
$
345,000
$
10,897
$
1.300000
October 2021
(1)
Holders are entitled to receive, when and as authorized by the Board of Directors, cumulative preferential cash dividends.
(2)
Representing 1/100th of a preferred share. Series F issuance included
1,800,000
depositary shares in connection with the underwriters' over-allotment.
(3)
Consisting primarily of underwriting commissions and fees, rating agency fees, legal and accounting fees and printing expenses.
The Preferred Stock Shares underlying the depositary shares rank senior to NNN’s common stock with respect to dividend rights and rights upon liquidation, dissolution or winding up of NNN. The Preferred Stock Shares have no maturity date and will remain outstanding unless redeemed. In addition, upon a change of control, as defined in the articles supplementary fixing the rights and preferences of the Preferred Stock Shares, NNN may redeem the Preferred Stock Shares underlying the depositary shares at a redemption price of $
2,500.00
per share (or $
25.00
per depositary share), plus all accumulated and unpaid dividends, and in limited circumstances the holders of depositary shares may convert some or all of their Preferred Stock Shares into shares of NNN's common stock at conversion rates provided in the related articles supplementary. As of February 11, 2021, the Preferred Stock Shares were not redeemable.
In October 2019, NNN redeemed all outstanding depositary shares (
11,500,000
) representing interests in its
5.700
% Series E preferred stock. The Series E preferred stock was redeemed at $
25.00
per depositary share, plus all accrued and unpaid dividends through, but not including, the redemption date, for an aggregate redemption price of $
25.079167
per depositary share. The excess carrying amount of the Series E preferred stock redeemed over the cash paid to redeem the Series E preferred stock was $
9,856,000
of issuance costs.
Note 8 –
Common Stock
:
Universal Shelf Registration Statement.
In August 2020, NNN filed a shelf registration statement with the Securities and Exchange Commission (the "Commission") which permits the issuance by NNN of an indeterminate amount of debt and equity securities.
Firm Commitment Underwritten Common Stock Issuance.
In September 2019, NNN filed a prospectus supplement to the prospectus contained in its February 2018 shelf registration statement and issued
7,000,000
shares of common stock at a price of $
56.50
per share and received net proceeds of $
379,410,000
. In connection with this offering, NNN incurred stock issuance costs totaling approximately $
16,090,000
, consisting primarily of underwriters' fees and commissions, legal and accounting fees and printing expenses.
At-The-Market Offerings.
Under NNN's shelf registration statement, NNN has established an at-the-market equity program ("ATM") which allows NNN to sell shares of common stock from time to time. The following table outlines NNN's active ATM programs for the three years ended December 31, 2020:
2020 ATM
2018 ATM
Established date
August 2020
February 2018
Termination date
August 2023
August 2020
Total allowable shares
17,500,000
12,000,000
Total shares issued as of December 31, 2020
1,569,304
11,272,034
68
The following table outlines the common stock issuances pursuant to NNN's ATM equity programs for the years ended December 31 (dollars in thousands, except per share data):
2020
2019
2018
Shares of common stock
3,119,153
2,344,022
7,378,163
Average price per share (net)
$
38.21
$
53.71
$
44.48
Net proceeds
$
119,185
$
125,905
$
328,196
Stock issuance costs
(1)
$
2,130
$
1,431
$
3,821
(1)
Stock issuance costs consist primarily of underwriters' and agent's fees and commissions, and legal and accounting fees.
Dividend Reinvestment and Stock Purchase Plan.
In February 2018, NNN filed a shelf registration statement with the Commission for its Dividend Reinvestment and Stock Purchase Plan ("DRIP") which permits the issuance by NNN of up to
10,000,000
shares of common stock.
The following outlines the common stock issuances pursuant to the DRIP for the year ended December 31 (dollars in thousands):
2020
2019
2018
Shares of common stock
138,507
362,918
311,048
Net proceeds
$
5,092
$
19,442
$
13,264
Note 9 –
Employee Benefit Plan
:
Effective January 1, 1998, NNN adopted a defined contribution retirement plan (the “Retirement Plan”) covering substantially all of the employees of NNN. The Retirement Plan permits participants to defer a portion of their compensation, as defined in the Retirement Plan, subject to limits established by the Code. NNN generally matches
60
percent of the first
eight
percent of a participant’s contributions. Additionally, NNN may make discretionary contributions. NNN’s contributions to the Retirement Plan for the years ended December 31, 2020, 2019 and 2018 totaled $
546,000
, $
541,000
and $
516,000
, respectively.
Note 10 –
Dividends
:
The following table outlines the dividends declared and paid for NNN's common stock for the years ended December 31 (in thousands, except per share data):
2020
2019
2018
Dividends
$
356,409
$
333,692
$
303,164
Per share
2.070
2.030
1.950
On January 15, 2021, NNN declared a dividend of $
0.520
per share, payable February 16, 2021, to its common stockholders of record as of January 29, 2021.
The following presents the characterization for tax purposes of common stock dividends per share paid to stockholders for the years ended December 31:
2020
2019
2018
Ordinary dividends
(1)
$
1.659755
$
1.762899
$
1.658604
Capital gain
—
—
0.015534
Unrecaptured Section 1250 Gain
—
—
0.042818
Nontaxable distributions
0.410245
0.267101
0.233044
$
2.070000
$
2.030000
$
1.950000
(1)
Eligible for the 20% qualified business income deduction under section 199A of the Code that was amended by the Tax Cuts and Jobs Act signed into law on December 22, 2017 ("TCJA").
69
The following presents the characterization for tax purposes of the preferred stock dividends per share and dividends declared and paid to stockholders for the year ended December 31 (dollars in thousands, except per share data):
Series F
(1)
Series E
(2)
2020
2019
2018
2019
2018
Dividends declared and paid
$
17,940
$
17,940
$
17,940
$
13,201
$
16,387
Ordinary dividends
(3)
$
1.300000
$
1.300000
$
1.255820
$
1.147917
$
1.376571
Capital gain
—
—
0.011761
—
0.012892
Unrecaptured Section 1250 Gain
—
—
0.032419
—
0.035537
Dividend paid per share
$
1.300000
$
1.300000
$
1.300000
$
1.147917
$
1.425000
(1)
The Series F preferred stock was issued in October 2016 and has no maturity date and will remain outstanding unless redeemed by NNN. The earliest redemption date for the Series F preferred stock is October 2021.
(2)
The Series E preferred stock was redeemed in October 2019. The dividends paid in 2019 include accumulated and unpaid dividends through, but not including, the redemption date.
(3)
Eligible for the 20% qualified business income deduction under section 199A of the Code that was amended by the TCJA.
Note 11 –
Income Taxes
:
For income tax purposes, NNN may elect to treat certain subsidiaries as taxable REIT subsidiaries in which certain real estate activities may be conducted.
NNN currently has no TRS entities. The following information relates to former TRS entities.
The significant components of the net deferred income tax asset consist of the following at December 31 (dollars in thousands):
2020
2019
Deferred tax assets:
Net operating loss carryforward
$
3,892
$
3,899
Valuation allowance
(
3,892
)
(
3,899
)
Total deferred tax assets
—
—
Deferred tax liabilities:
Built-in gain
—
—
Total deferred tax liabilities
—
—
Net deferred tax asset
$
—
$
—
In assessing the ability to realize a deferred tax asset, management considers whether it is more likely than not that some portion or the entire deferred tax asset will not be realized. The ultimate realization of deferred tax assets is dependent upon the generation of future taxable income during the periods in which those temporary differences become deductible. Management considers the scheduled reversal of deferred tax liabilities, projected future taxable income, and tax planning strategies in making this assessment. The net operating loss carryforwards were generated by NNN’s former taxable REIT subsidiaries. The net operating loss carryforwards begin to expire in 2028. Management believes it is unlikely that NNN will realize all of the benefits of these deductible differences that existed as of December 31, 2020 and 2019.
The decrease in the valuation allowance for the year ended December 31, 2020, was $
7,000
. The increase in the valuation allowance for the year ended December 31, 2019, was $
41,000
.
70
For the years ended December 31, 2020, 2019 and 2018, there was
no
net income tax expense or benefit to NNN's former TRS entities.
The total income tax benefit (expense) differs from the amount computed by applying the statutory federal tax rate to net earnings before taxes as follows for the years ended December 31 (dollars in thousands):
2020
2019
2018
Loss carryforwards increase (decrease)
$
(
7
)
$
—
$
—
Built-in gain tax liability
—
41
—
Valuation allowance (increase) decrease
7
(
41
)
—
Total tax expense
$
—
$
—
$
—
FASB prescribes a recognition threshold and measurement attribute for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. FASB also provides guidance on derecognition, classification, interest and penalties, accounting in interim periods, disclosure and transition.
NNN, in accordance with FASB guidance included in
Income Taxes
, has analyzed its various federal and state filing positions. NNN believes that its income tax filing positions and deductions are well documented and supported. Additionally, NNN believes that its accruals for tax liabilities are adequate. Therefore, no reserves for uncertain income tax positions have been recorded pursuant to the FASB guidance. In addition, NNN did not record a cumulative effect adjustment related to the adoption of the FASB guidance.
NNN has had
no
unrecognized tax benefits during any of the years presented. Further,
no
interest or penalties have been included since no reserves were recorded and
no
significant increases or decreases are expected to occur within the next 12 months. When applicable, such interest and penalties will be recorded in non-operating expenses. The periods that remain open under federal statute are 2017 through 2020. NNN also files in many states with varying open years under statute.
Note 12 –
Derivatives
:
In accordance with the guidance on derivatives and hedging, NNN records all derivatives on the balance sheet at fair value. The accounting for changes in the fair value of derivatives depends on the intended use of the derivative and the resulting designation. Derivatives used to hedge the exposure to changes in the fair value of an asset, liability, or firm commitment attributable to a particular risk, such as interest rate risk, are considered fair value hedges. Derivatives used to hedge the exposure to variability in expected future cash flows, or other types of forecasted transactions, are considered cash flow hedges.
NNN’s objective in using derivatives is to add stability to interest expense and to manage its exposure to interest rate movements or other identified risks. To accomplish this objective, NNN primarily uses treasury locks, forward starting swaps and interest rate swaps as part of its cash flow hedging strategy. Treasury locks and forward starting swaps are used to hedge forecasted debt issuances. Treasury locks designated as cash flow hedges lock in the yield/price of a treasury security. Forward starting swaps also lock the associated swap spread. Interest rate swaps designated as cash flow hedges are used to hedge the variable cash flows associated with floating rate debt and involve the receipt or payment of variable rate amounts in exchange for fixed-rate payments over the life of the agreements without exchange of the underlying principal amount.
For derivatives designated as cash flow hedges, the change in the fair value of the derivative is initially reported in other comprehensive income (outside of earnings) and subsequently reclassified to earnings when the hedged transaction affects earnings.
NNN discontinues hedge accounting prospectively when it is determined that the derivative is no longer effective in offsetting changes in the cash flows of the hedged item, the derivative expires or is sold, terminated, or exercised, the derivative is re-designated as a hedging instrument or management determines that designation of the derivative as a hedging instrument is no longer appropriate.
When hedge accounting is discontinued, NNN recognizes any changes in its fair value in earnings and continues to carry the derivative on the balance sheet or may choose to settle the derivative at that time with a cash payment or receipt. NNN records a cash settlement of forward starting swaps in the statement of cash flows as an operating activity.
71
The following table outlines NNN's terminated derivatives which were hedging the risk of changes in forecasted interest payments on forecasted issuance of long-term debt (dollars in thousands):
Notes Payable
Terminated
Description
Aggregate Notional Amount
Liability (Asset) Fair Value When Terminated
Fair Value Deferred In Other Comprehensive Income
(1)
2023
April 2013
Four
forward starting swaps
$
240,000
$
3,156
$
3,141
2024
May 2014
Three
forward starting swaps
225,000
6,312
6,312
2025
October 2015
Four
forward starting swaps
300,000
13,369
13,369
2026
December 2016
Two
forward starting swaps
180,000
(
13,352
)
(
13,345
)
2027
September 2017
Two
forward starting swaps
250,000
7,690
7,688
2028
September 2018
Two
forward starting swaps
250,000
(
4,080
)
(
4,080
)
2030
March 2020
Three
forward starting swaps
200,000
13,141
13,141
(1)
The amount reported in accumulated other comprehensive income will be reclassified to interest expense as interest payments are made on the related notes payable.
As of December 31, 2020, $
16,445,000
remains in other comprehensive income related to NNN’s previously terminated interest rate hedges. During the years ended December 31, 2020, 2019 and 2018, NNN reclassified $
2,300,000
, $
1,307,000
and $
3,664,000
, respectively, out of other comprehensive income as an increase to interest expense. Over the next 12 months, NNN estimates that an additional $
2,597,000
will be reclassified as an increase in interest expense. Amounts reported in accumulated other comprehensive income related to derivatives will be reclassified to interest expense as interest payments are made on NNN’s long-term debt.
NNN does not use derivatives for trading or speculative purposes or currently have any derivatives that are not designated as hedges. NNN had no derivative financial instruments outstanding at December 31, 2020.
Note 13 –
Performance Incentive Plan
:
In May 2017, NNN filed a registration statement on Form S-8 with the Commission which permits the issuance of up to
1,800,000
shares of common stock pursuant to NNN’s 2017 Performance Incentive Plan (the “2017 Plan”). The 2017 Plan allows NNN to award or grant to key employees, directors and persons performing consulting or advisory services for NNN or its affiliates, stock options, stock awards, stock appreciation rights, Phantom Stock Awards, Performance Awards and Leveraged Stock Purchase Awards, each as defined in the 2017 Plan.
There were
no
stock options outstanding or exercisable at December 31, 2020.
Pursuant to the 2017 Plan, NNN has granted and issued shares of restricted stock to certain officers and key associates of NNN.
The following summarizes the restricted stock activity for the year ended December 31, 2020:
Number
of
Shares
Weighted
Average
Share Price
Non-vested restricted shares, January 1
903,351
$
44.77
Restricted shares granted
288,422
55.68
Restricted shares vested
(
270,713
)
41.21
Restricted shares forfeited
(
25,016
)
38.21
Non-vested restricted shares, December 31
896,044
49.54
Compensation expense for the restricted stock which is not contingent upon NNN’s performance goals is determined based upon the fair value at the date of grant and is recognized as the greater of the amount amortized over a straight-lined basis or the amount vested over the vesting periods. Vesting periods for officers and key associates of NNN range from
three
to
five years
and generally vest annually. NNN recognizes compensation expense on a straight-line basis for awards with only service conditions.
72
During the year ended December 31, 2020, NNN granted
152,041
performance-based shares subject to its total stockholder return after a
three-year
period relative to its peers. The fair value of these shares was determined at the grant date (for a fair value share price of $
35.95
). In addition, in 2020, NNN granted
50,681
performance-based shares subject to a
three-year
Core Funds From Operations growth metric. The performance-based shares were granted to certain executive officers and had a weighted average grant price of $
56.42
per share. Once the respective performance criteria are met and the actual number of shares earned is determined, the shares vest immediately. Compensation expense is recognized over the requisite service period for both grants.
The following summarizes other grants made during the year ended December 31, 2020, pursuant to the 2017 Plan.
Number
of
Shares
Weighted
Average
Share Price
Other share grants under the 2017 Plan:
Directors’ fees
17,596
$
37.56
Deferred directors’ fees
17,655
37.21
35,251
32.27
Shares available under the 2017 Plan for grant, end of period
793,843
The total compensation expense for share-based payments for the years ended December 31, 2020, 2019 and 2018 totaled $
14,213,000
, $
10,737,000
and $
9,282,000
, respectively. At December 31, 2020, NNN had $
13,288,000
of unrecognized compensation cost related to non-vested share-based compensation arrangements under the 2017 Plan. This cost is expected to be recognized over a weighted average period of
2.0
years.
Note 14 –
Fair Value of Financial Instruments
:
NNN believes the carrying value of its Credit Facility approximates fair value based upon its nature, terms and variable interest rate. NNN believes that the carrying value of its mortgages payable at December 31, 2020 and 2019, approximate fair value based upon current market prices of comparable instruments (Level 3). At December 31, 2020 and 2019, the fair value of NNN’s notes payable net of unamortized discount and excluding debt costs, was $
3,532,908,000
and $
3,074,538,000
, respectively, based upon quoted market prices, which is a Level 1 valuation since NNN's notes payable are publicly traded.
Note 15 –
Segment Information
:
For the years ended December 31, 2020, 2019 and 2018, NNN’s operations are reported within
one
operating segment in the consolidated financial statements and all properties are part of the Properties or Property Portfolio.
Note 16 –
Major Tenants
:
As of December 31, 2020, NNN had no tenants that accounted for ten percent or more of its rental income.
Note 17 –
Commitments and Contingencies
:
A summary of NNN's commitments are included in Note 2 – Real Estate.
In the ordinary course of its business, NNN is a party to various other legal actions which management believes are routine in nature and incidental to the operation of the business of NNN. Management does not believe that any of these proceedings are material to NNN's consolidated financial statements.
73
Note 18 –
Subsequent Events
:
NNN reviewed all subsequent events and transactions that have occurred after December 31, 2020, the date of the consolidated balance sheet.
As of January 31, 2021, NNN had collected approximately
96
% of rent originally due in the quarter ended December 31, 2020 and approximately
95
% of rent originally due in January 2021.
There were no other reportable subsequent events or transactions.
74
Item 9.
Changes in and Disagreements with Accountants on Accounting and Financial Disclosure
None.
Item 9A.
Controls and Procedures
Process for Assessment and Evaluation of Disclosure Controls and Procedures and Internal Control over Financing Reporting.
NNN carried out an assessment as of December 31, 2020, of the effectiveness of the design and operation of its disclosure controls and procedures and its internal control over financial reporting. This assessment was done under the supervision and with the participation of management, including NNN’s Chief Executive Officer, Chief Financial Officer and Chief Accounting Officer. Rules adopted by the Commission require NNN to present the conclusions of the Chief Executive Officer, Chief Financial Officer and Chief Accounting Officer about the effectiveness of NNN’s disclosure controls and procedures and the conclusions of NNN’s management about the effectiveness of NNN’s internal control over financial reporting as of the end of the period covered by this annual report.
CEO and CFO Certifications.
Included as Exhibits 31.1 and 31.2 to this Annual Report on Form 10-K are forms of “Certification” of NNN’s Chief Executive Officer and Chief Financial Officer. The forms of Certification are required in accordance with Section 302 of the Sarbanes-Oxley Act of 2002. This section of the Annual Report on Form 10-K that stockholders are currently reading is the information concerning the assessment referred to in the Section 302 certifications and this information should be read in conjunction with the Section 302 certifications for a more complete understanding of the topics presented.
Disclosure Controls and Procedures and Internal Control over Financial Reporting.
Disclosure controls and procedures are designed with the objective of providing reasonable assurance that information required to be disclosed in NNN’s reports filed or submitted under the Exchange Act, such as this Annual Report on Form 10-K, is recorded, processed, summarized and reported within the time periods specified in the Commission’s rules and forms. Disclosure controls and procedures are also designed with the objective of providing reasonable assurance that such information is accumulated and communicated to NNN’s management, including the Chief Executive Officer, Chief Financial Officer and Chief Accounting Officer, as appropriate, to allow timely decisions regarding required disclosure.
Internal control over financial reporting is a process designed by, or under the supervision of, NNN’s Chief Executive Officer, Chief Financial Officer and Chief Accounting Officer, and affected by NNN’s Board of Directors, management and other personnel, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles (“GAAP”) and includes those policies and procedures that:
•
pertain to the maintenance of records that in reasonable detail accurately and fairly reflect the transactions and dispositions of NNN’s assets;
•
provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with generally accepted accounting principles, and that NNN’s receipts and expenditures are being made in accordance with authorizations of management or the Board of Directors; and
•
provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of NNN’s assets that could have a material adverse effect on NNN’s financial statements.
Scope of the Assessments.
The assessment by NNN’s Chief Executive Officer, Chief Financial Officer and Chief Accounting Officer of NNN’s disclosure controls and procedures and the assessment by NNN’s management, including NNN’s Chief Executive Officer, Chief Financial Officer and Chief Accounting Officer, of NNN’s internal control over financial reporting included a review of procedures and discussions with NNN’s management and others at NNN. In the course of the assessments, NNN sought to identify data errors, control problems or acts of fraud and to confirm that appropriate corrective action, including process improvements, were being undertaken.
NNN’s internal control over financial reporting is also assessed on an ongoing basis by personnel in NNN’s Accounting department and by NNN’s internal auditors in connection with their internal audit activities. The overall goals of these various assessment activities are to monitor NNN’s disclosure controls and procedures and NNN’s internal control over financial reporting and to make modifications as necessary. NNN’s intent in this regard is that the disclosure controls and procedures and the internal control over financial reporting will be maintained and updated (including with improvements and corrections) as conditions warrant. Management also sought to deal with other control matters in the assessment, and in
75
each case if a problem was identified, management considered what revision, improvement and/or correction was necessary to be made in accordance with NNN’s on-going procedures. The assessments of NNN’s disclosure controls and procedures and NNN’s internal control over financial reporting is done on a quarterly basis so that the conclusions concerning effectiveness of those controls can be reported in NNN’s Quarterly Reports on Form 10-Q and Annual Report on Form 10-K.
Assessment of Effectiveness of Disclosure Controls and Procedures.
Based upon the assessments, NNN’s Chief Executive Officer, Chief Financial Officer and Chief Accounting Officer have concluded that, as of December 31, 2020, NNN’s disclosure controls and procedures were effective.
Management’s Report on Internal Control over Financial Reporting.
Management, including NNN’s Chief Executive Officer, Chief Financial Officer and Chief Accounting Officer, are responsible for establishing and maintaining adequate internal control over financial reporting for NNN. Management used the criteria issued by the Committee of Sponsoring Organizations of the Treadway Commission in Internal Control – 2013 Integrated Framework to assess the effectiveness of NNN’s internal control over financial reporting. Based upon the assessments, NNN’s Chief Executive Officer and Chief Financial Officer have concluded that, as of December 31, 2020, NNN’s internal control over financial reporting was effective.
Attestation Report of the Registered Public Accounting Firm.
Ernst & Young LLP, NNN’s independent registered public accounting firm, audited the financial statements included in this Annual Report on Form 10-K and in connection therewith has issued an attestation report on NNN’s effectiveness of internal control over financial reporting as of December 31, 2020, which appears in this Annual Report on Form 10-K.
Changes in Internal Control over Financial Reporting.
During the three months ended December 31, 2020, there were no changes in NNN’s internal control over financial reporting that materially affected, or are reasonably likely to materially affect, NNN’s internal control over financial reporting.
Limitations on the Effectiveness of Controls.
Management, including NNN’s Chief Executive Officer, Chief Financial Officer and Chief Accounting Officer, do not expect that NNN’s disclosure controls and procedures or NNN’s internal control over financial reporting will prevent all errors and all fraud. A control system, no matter how well conceived and operated, can provide only reasonable, not absolute, assurance that the objectives of the control system are met. Further, the design of a control system must reflect the fact that there are resource constraints, and the benefits of controls must be considered relative to their costs. Because of the inherent limitations in all control systems, no evaluation of controls can provide absolute assurance that all control issues and instances of fraud, if any, within NNN have been detected. These inherent limitations include the realities that judgments in decision-making can be faulty, and that breakdowns can occur because of simple error or mistake. Additionally, controls can be circumvented by the individual acts of some persons, by collusion of two or more people, or by management’s override of the control. The design of any system of controls also is based in part upon certain assumptions about the likelihood of future events, and there can be no assurance that any design will succeed in achieving its stated goals under all potential future conditions; over time, controls may become inadequate because of changes in conditions, or the degree of compliance with the policies or procedures may deteriorate. Because of the inherent limitations in a cost-effective control system, misstatements due to error or fraud may occur and not be detected.
Item 9B.
Other Information
None.
76
PART III
Item 10.
Directors, Executive Officers and Corporate Governance
Reference is made to the Registrant’s definitive proxy statement to be filed with the Commission pursuant to Regulation 14(a); information responsive to this Item is included in the Registrant's proxy statement including the information, without limitation, contained in the sections thereof captioned “Proposal I: Election of Directors – Nominees,” “Proposal I: Election of Directors – Executive Officers,” “Proposal I: Election of Directors – Code of Business Conduct and Insider Trading Policy” and “Security Ownership ”, and such information in such sections is incorporated herein by reference.
Item 11.
Executive Compensation
Reference is made to the Registrant’s definitive proxy statement to be filed with the Commission pursuant to Regulation 14(a); information responsive to this Item is included in the Registrant's proxy statement including the information, without limitation, contained in the sections thereof captioned “Proposal I: Election of Directors – Director Compensation,” “Executive Compensation” and “Compensation Committee Report”, and such information is incorporated herein by reference.
Item 12.
Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters
Reference is made to the Registrant’s definitive proxy statement to be filed with the Commission pursuant to Regulation 14(a); information responsive to this Item is included in the Registrant's proxy statement including the information, without limitation, contained in the sections thereof captioned "Executive Compensation – Long-Term Incentive Compensation" and “Security Ownership”, and such information is incorporated herein by reference.
Item 13.
Certain Relationships and Related Transactions, and Director Independence
Reference is made to the Registrant’s definitive proxy statement to be filed with the Commission pursuant to Regulation 14(a); information responsive to this Item is included in the Registrant's proxy statement including the information, without limitation, contained in the section thereof captioned “Certain Relationships and Related Transactions” and such information is incorporated herein by reference.
Item 14.
Principal Accounting Fees and Services
Reference is made to the Registrant’s definitive proxy statement to be filed with the Commission pursuant to Regulation 14(a); information responsive to this Item is included in the Registrant's proxy statement including the information, without limitation, contained in the section thereof captioned “Audit Committee Report” and “Proposal III: Ratification of Ernst & Young LLP as the Independent Registered Public Accounting Firm”, and such information is incorporated herein by reference.
77
PART IV
Item 15.
Exhibits and Financial Statement Schedules
(a)
The following documents are filed as part of this report
(1)
Financial Statements
Reports of Independent Registered Public Accounting Firm
42
Consolidated Balance Sheets as of December 31, 20
20
and 20
19
46
Consolidated Statements of Income and Comprehensive Income for the years ended December 31, 20
20
, 20
19,
and
2018
47
Consolidated Statements of Equity for the years ended December 31,
2020, 2019, and 2018
49
Consolidated Statements of Cash Flows for the years ended December 31,
2020, 2019, and 2018
52
Notes to Consolidated Financial Statements
54
(2)
Financial Statement Schedules
Schedule III – Real Estate and Accumulated Depreciation and Amortization and Notes as of December 31, 2020
Schedule IV – Mortgage Loans on Real Estate and Notes as of December 31, 2020
All other schedules are omitted because they are not applicable or because the required information is shown in the financial statements or the notes thereto.
(3)
Exhibits
The following exhibits are filed as a part of this report.
3
Articles of Incorporation and Bylaws
3.1
First Amended and Restated Articles of Incorporation of the Registrant, as amended (filed as Exhibit 3.1 to the Registrant’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on August 3, 2012, and incorporated herein by reference).
3.2
Articles Supplementary Establishing and Fixing the Rights and Preferences of 5.70% Series E Cumulative Preferred Stock, par value $0.01 per share, dated May 29, 2013 (filed as Exhibit 3.2 to the Registrant’s Registration Statement on Form 8-A dated May 30, 2013, incorporated herein by reference).
3.3
Articles Supplementary Establishing and Fixing the Rights and Preferences of 5.20% Series F Cumulative Preferred Stock, par value $0.01 per share, dated October 7, 2016 (filed as Exhibit 3.2 to the Registrant’s Registration Statement on Form 8-A dated October 11, 2016, incorporated herein by reference).
3.4
Third Amended and Restated Bylaws of the Registrant, dated May 1, 2006, as amended (filed as Exhibit 3.4 to the Registrant’s Annual Report on Form 10-K filed with the Securities and Exchange Commission on February 19, 2014, and incorporated herein by reference).
3.5
Second Amendment to the Third Amended and Restated Bylaws of the Registrant, dated December 13, 2007 (filed as Exhibit 3.5 to the Registrant’s Annual Report on Form 10-K filed with the Securities and Exchange Commission on February 19, 2014, and incorporated herein by reference)
.
3.6
Third Amendment to the Third Amended and Restated Bylaws of the Registrant, dated February 13, 2014 (filed as Exhibit 3.6 to the Registrant’s Annual Report on Form 10-K filed with the Securities and Exchange Commission on February 19, 2014, and incorporated herein by reference).
78
4
Instruments Defining the Rights of Security Holders, Including Indentures
4.1
Description of Registrant’s Securities (filed as Exhibit 4.22 to the Registrant's Annual Report on Form 10-K filed with the Securities and Exchange Commission on February 11, 2020, and incorporated herein by reference).
4.2
Specimen Certificate of Common Stock, par value $0.01 per share, of the Registrant (filed as Exhibit 3.4 to the Registrant’s Registration Statement No. 1-11290 on Form 8-B filed with the Securities and Exchange Commission and incorporated herein by reference).
4.3
Indenture, dated as of March 25, 1998, between the Registrant and First Union National Bank, as trustee (filed as Exhibit 4.4 to the Registrant’s Registration Statement on Form S-3 (Registration No. 333-132095) filed with the Securities and Exchange Commission on February 28, 2006, and incorporated herein by reference).
4.4
Form of Twelfth Supplemental Indenture between National Retail Properties, Inc. and U.S. Bank National Association relating to 3.300% Notes due 2023 (filed as Exhibit 4.1 to Registrant's Current Report on Form 8-K dated April 9, 2013, filed with the Securities and Exchange Commission on April 15, 2013 and incorporated herein by reference).
4.5
Form of 3.300% Notes due 2023 (filed as Exhibit 4.2 to Registrant's Current Report on Form 8-K dated April 9, 2013, filed with the Securities and Exchange Commission on April 15, 2013 and incorporated herein by reference).
4.6
Form of Thirteenth Supplemental Indenture between National Retail Properties, Inc. and U.S. Bank National Association relating to 3.900% Notes due 2024 (filed as Exhibit 4.1 to Registrant's Current Report on Form 8-K and filed with the Securities and Exchange Commission on May 14, 2014, and incorporated herein by reference).
4.7
Form of 3.900% Notes due 2024 (filed as Exhibit 4.2 to Registrant's Current Report on Form 8-K and filed with the Securities and Exchange Commission on May 14, 2014, and incorporated herein by reference).
4.8
Form of Fourteenth Supplemental Indenture between National Retail Properties, Inc. and U.S. Bank National Association relating to 4.000% Notes due 2025 (filed as Exhibit 4.1 to Registrant's Current Report on Form 8-K and filed with the Securities and Exchange Commission on October 26, 2015, and incorporated herein by reference).
4.9
Form of 4.000% Notes due 2025 (filed as Exhibit 4.2 to Registrant's Current Report on Form 8-K and filed with the Securities and Exchange Commission on October 26, 2015, and incorporated herein by reference).
4.10
Specimen certificate representing the 5.20% Series F Cumulative Redeemable Preferred Stock, par value $.01 per share, of the Registrant (filed as Exhibit 4.3 to the Registrant’s Registration Statement on Form 8-A filed with the Securities and Exchange Commission on October 11, 2016 and incorporated herein by reference).
4.11
Deposit Agreement, among the Registrant, American Stock Transfer & Trust Company, as Depositary, and the holders of depositary receipts (filed as Exhibit 4.1 to the Registrant’s Registration Statement on Form 8-A filed with the Securities and Exchange Commission on October 11, 2016 and incorporated herein by reference).
4.12
Form of Fifteenth Supplemental Indenture between National Retail Properties, Inc. and U.S. Bank National Association relating to 3.60% Notes due 2026 (filed as Exhibit 4.1 to Registrant's Current Report on Form 8-K and filed with the Securities and Exchange Commission on December 12, 2016, and incorporated herein by reference).
4.13
Form of 3.60% Notes due 2026 (filed as Exhibit 4.2 to Registrant's Current Report on Form 8-K and filed with the Securities and Exchange Commission on December 12, 2016, and incorporated herein by reference).
4.14
Form of Sixteenth Supplemental Indenture between National Retail Properties, Inc. and U.S. Bank National Association relating to 3.50% Notes due 2027 (filed as Exhibit 4.1 to Registrant's Current Report on Form 8-K and filed with the Securities and Exchange Commission on September 19, 2017, and incorporated herein by reference).
4.15
Form of 3.50% Notes due 2027 (filed as Exhibit 4.2 to Registrant's Current Report on Form 8-K and filed with the Securities and Exchange Commission on September 19, 2017, and incorporated herein by reference).
79
4.16
Form of Seventeenth Supplemental Indenture between National Retail Properties, Inc. and U.S. Bank National Association relating to 4.300% Notes due 2028 and 4.800% Notes due 2048 (filed as Exhibit 4.1 to Registrant's Current Report on Form 8-K and filed with the Securities and Exchange Commission on September 27, 2018, and incorporated herein by reference).
4.17
Form of 4.300% Notes due 2028 (filed as Exhibit 4.2 to Registrant's Current Report on Form 8-K and filed with the Securities and Exchange Commission on September 27, 2018, and incorporated herein by reference).
4.18
Form of 4.800% Notes due 2048 (filed as Exhibit 4.3 to Registrant's Current Report on Form 8-K and filed with the Securities and Exchange Commission on September 27, 2018, and incorporated herein by reference).
4.19
Form of Eighteenth Supplemental Indenture between National Retail Properties, Inc. and U.S. Bank National Association relating to 2.500% Notes due 2030 and 3.100% Notes due 2050 (filed as Exhibit 4.1 to Registrant's Current Report on Form 8-K and filed with the Securities and Exchange Commission on March 3, 2020, and incorporated herein by reference).
4.20
Form of 2.500% Notes due 2030 (filed as Exhibit 4.2 to Registrant's Current Report on Form 8-K and filed with the Securities and Exchange Commission on March 3, 2020, and incorporated herein by reference).
4.21
Form of 3.100% Notes due 2050 (filed as Exhibit 4.3 to Registrant's Current Report on Form 8-K and filed with the Securities and Exchange Commission on March 3, 2020, and incorporated herein by reference).
10
Material Contracts
10.1*
Amended and Restated Employment Agreement, dated as of September 29, 2016, between the registrant and Julian Whitehurst (filed as Exhibit 10.2 to the Registrant's Current Report on Form 8-K filed with the Securities and Exchange Commission on September 30, 2016, and incorporated herein by reference).
10.2*
Employment Agreement dated as of December 1, 2008, between the Registrant and Kevin B. Habicht (filed as Exhibit 10.3 to the Registrant’s Current Report on Form 8-K filed with the Securities and Exchange Commission on December 3, 2008, and incorporated herein by reference).
10.3*
Amendment to Employment Agreement dated as of November 8, 2010, between the Registrant and Kevin B. Habicht (filed as Exhibit 10.12 to the Registrant’s Annual Report on Form 10-K filed with the Securities and Exchange Commission on February 24, 2011, and incorporated herein by reference).
10.4*
Employment Agreement dated as of December 1, 2008, between the Registrant and Paul E. Bayer (filed as Exhibit 10.5 to the Registrant’s Current Report on Form 8-K filed with the Securities and Exchange Commission on December 3, 2008, and incorporated herein by reference).
10.5*
Amendment to Employment Agreement dated as of November 8, 2010, between the Registrant and Paul E. Bayer (filed as Exhibit 10.13 to the Registrant’s Annual Report on Form 10-K filed with the Securities and Exchange Commission on February 24, 2011, and incorporated herein by reference).
10.6*
Retirement and Transition Agreement, dated as of December 14, 2020, between the registrant and Paul E. Bayer (filed as Exhibit 10.1 to the Registrant’s Current Report on Form 8-K filed with the Securities and Exchange Commission on December 14, 2020, and incorporated herein by reference).
10.7*
Employment Agreement dated as of December 1, 2008, between the Registrant and Christopher P. Tessitore (filed as Exhibit 10.4 to the Registrant’s Current Report on Form 8-K filed with the Securities and Exchange Commission on December 3, 2008, and incorporated herein by reference).
10.8*
Amendment to Employment Agreement dated as of November 8, 2010, between the Registrant and Christopher P. Tessitore (filed as Exhibit 10.14 to the Registrant’s Annual Report on Form 10-K filed with the Securities and Exchange Commission on February 24, 2011, and incorporated herein by reference).
80
10.9*
Employment Agreement dated as of January 2, 2014, between the Registrant and Stephen A. Horn, Jr. (filed as Exhibit 10.19 to the Registrant’s Annual Report on Form 10-K filed with the Securities and Exchange Commission on February 19, 2014, and incorporated herein by reference).
10.10*
Form of Indemnification Agreement (as entered into between the Registrant and each of its directors and executive officers) (filed as Exhibit 10.1 to the Registrant’s Current Report on Form 8-K dated and filed with the Securities and Exchange Commission on June 12, 2009, and incorporated herein by reference).
10.11*
2017 Performance Incentive Plan (filed as Annex A to the Registrant’s 2017 Annual Proxy Statement on Schedule 14A filed with the Securities and Exchange Commission on March 29, 2017, and incorporated herein by reference).
10.12*
Amended and Restated Deferred Fee Plan for Directors, dated as of August 16, 2018 (filed as exhibit 10.1 to the Registrant's Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 1, 2018, and incorporated herein by reference).
10.13*
Form of Restricted Award Agreement - Performance between NNN and the Participant of NNN (filed as Exhibit 10.15 to the Registrant’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on May 4, 2012, and incorporated herein by reference).
10.14*
Form of Restricted Award Agreement - Service between NNN and the Participant of NNN (filed as Exhibit 10.16 to the Registrant’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on May 4, 2012, and incorporated herein by reference).
10.15*
Form of Restricted Award Agreement - Special Grant between NNN and the Participant of NNN (filed as Exhibit 10.17 to the Registrant’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on May 4, 2012, and incorporated herein by reference).
10.16*
Form of Restricted Award Agreement - Performance between NNN and the Participant of NNN (filed as exhibit 10.21 to the Registrant's Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on May 2, 2016, and incorporated herein by reference).
10.17*
Form of Restricted Award Agreement - Service - Non-Executives between NNN and the Participant of NNN (filed as exhibit 10.22 to the Registrant's Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on May 2, 2016, and incorporated herein by reference).
10.18*
Form of Restricted Award Agreement - Service between NNN and the Participant of NNN (filed as exhibit 10.23 to the Registrant's Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on May 2, 2016, and incorporated herein by reference).
10.19
Amended and Restated Credit Agreement, dated as of May 25, 2011, by and among the Registrant, certain lenders and Wells Fargo Bank, National Association, as the Administrative Agent (filed as Exhibit 10.1 to the Registrant's Current Report on Form 8-K filed with the Securities and Exchange Commission on June 1, 2011, and incorporated herein by reference).
10.20
First Amendment to Amended and Restated Credit Agreement, dated as of October 31, 2012, by and among the Registrant, certain lenders and Wells Fargo Bank, National Association, as the Administrative Agent (filed as Exhibit 10.1 to the Registrant's Current Report on Form 8-K filed with the Securities and Exchange Commission on November 1, 2012, and incorporated herein by reference).
10.21
Second Amendment to Amended and Restated Credit Agreement, dated as of October 27, 2014, by and among the Registrant, certain lenders and Wells Fargo Bank, National Association, as the Administrative Agent (filed as Exhibit 10.1 to the Registrant's Current Report on Form 8-K filed with the Securities and Exchange Commission on October 28, 2014, and incorporated herein by reference).
10.22
Third Amendment to Amended and Restated Credit Agreement, dated as of October 25, 2017, by and among the Registrant, certain lenders and Wells Fargo Bank, National Association, as the Administrative Agent (filed as Exhibit 10.1 to the Registrant's Current Report on Form 8-K filed with the Securities and Exchange Commission on October 26, 2017, and incorporated herein by reference).
81
10.23
Fourth Amendment to Amended and Restated Credit Agreement, dated as of May 29, 2020, by and among the Registrant, certain lenders and Wells Fargo Bank, National Association, as the Administrative Agent
(filed as exhibit
10.1 to the Registrant
's Qua
rterly Report on Form 10-Q filed with the
Securities and Exchange Commi
ssion on August 3, 2020, and incorporated her
ein by reference)
.
21
Subsidiaries of the Registrant (filed herewith).
23
Consent of Independent Registered Public Accounting Firm
23.1
Ernst & Young LLP dated February 11, 202
1
(filed herewith).
24
Power of Attorney (included on signature page).
31
Section 302 Certifications**
31.1
Certification of Chief Executive Officer pursuant to Rule 13a-14(a) of the Securities Exchange Act of 1934, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 (filed herewith).
31.2
Certification of Chief Financial Officer pursuant to Rule 13a-14(a) of the Securities Exchange Act of 1934, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 (filed herewith).
32
Section 906 Certifications**
32.1
Certification of Chief Executive Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 (filed herewith).
32.2
Certification of Chief Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 (filed herewith).
99
Additional Exhibits
99.1
Certification of Chief Executive Officer pursuant to Section 303A.12(a) of the New York Stock Exchange Listed Company Manual (filed herewith).
101.
Interactive Data File
101.1
The following materials from National Retail Properties, Inc. Annual Report on Form 10-K for the period ended December 31, 2020, are formatted in Extensible Business Reporting Language: (i) consolidated balance sheets, (ii) consolidated statements of comprehensive income, (iii) consolidated statements of stockholders' equity (iv) consolidated statements of cash flows, and (v) notes to consolidated financial statements.
104.
Cover Page Interactive Data File
104.1
Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document.
*
Management contract or compensatory plan or arrangement.
**
In accordance with Item 601(b)(32) of Regulation S-K, this Exhibit is not deemed “filed” for purposes of Section 18 of the Exchange Act or otherwise subject to the liabilities of that section. Such certifications will not be deemed incorporated by reference into any filing under the Securities Act or the Exchange Act, except to the extent that the registrant specifically incorporates it by reference.
Item 16. Form 10-K Summary
None.
82
SIGNATURES
Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized, on the 11th day of February 2021.
NATIONAL RETAIL PROPERTIES, INC.
By:
/s/ Julian E. Whitehurst
Julian E. Whitehurst
Chief Executive Officer, President and Director
Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the Registrant and in the capacities and on the dates indicated.
POWER OF ATTORNEY
Each person whose signature appears below hereby constitutes and appoints each of Julian E. Whitehurst, Kevin B. Habicht and Michelle L. Miller as his or her attorney-in-fact and agent, with full power of substitution and resubstitution for him or her in any and all capacities, to sign any or all amendments to this report and to file same, with exhibits thereto and other documents in connection therewith, granting unto such attorney-in-fact and agent full power and authority to do and perform each and every act and thing requisite and necessary in connection with such matters and hereby ratifying and confirming all that such attorney-in-fact and agent or his or her substitutes may do or cause to be done by virtue hereof.
Signature
Title
Date
/s/ Julian E. Whitehurst
Chief Executive Officer, President and Director
February 11, 2021
Julian E. Whitehurst
/s/ Don DeFosset
Chairman of the Board
February 11, 2021
Don DeFosset
/s/ Pamela K. Beall
Director
February 11, 2021
Pamela K. Beall
/s/ Steven D. Cosler
Director
February 11, 2021
Steven D. Cosler
/s/ David M. Fick
Director
February 11, 2021
David M. Fick
/s/ Edward J. Fritsch
Director
February 11, 2021
Edward J. Fritsch
/s/ Betsy D. Holden
Director
February 11, 2021
Betsy D. Holden
/s/ Kevin B. Habicht
Director, Chief Financial Officer (Principal Financial Officer),
Executive Vice President, Assistant Secretary and Treasurer
February 11, 2021
Kevin B. Habicht
/s/ Michelle L. Miller
Chief Accounting Officer (Principal Accounting Officer) and Executive Vice President
February 11, 2021
Michelle L. Miller
83
Table of Contents
NATIONAL RETAIL PROPERTIES, INC. AND SUBSIDIARIES
SCHEDULE III - REAL ESTATE AND ACCUMULATED DEPRECIATION AND AMORTIZATION
December 31, 2020
(Dollars in thousands)
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Investment the Company has Invested in Under Operating Leases:
7-Eleven:
Tampa, FL
$
—
$
1,081
$
917
$
—
$
—
$
1,070
$
917
$
1,987
$
500
1999
12/98
(g)
40
Austin, TX
$
—
1,101
2,987
—
—
1,101
2,987
4,088
779
2006
11/11
35
Austin, TX
$
—
900
3,571
—
—
900
3,571
4,471
931
2004
11/11
35
Austin, TX
$
—
259
1,361
—
—
259
1,361
1,620
497
1985
11/11
25
Beaumont, TX
$
—
239
2,031
—
—
239
2,031
2,270
529
2002
11/11
35
Beaumont, TX
$
—
124
2,968
—
—
124
2,968
3,092
903
1996
11/11
30
Beaumont, TX
$
—
115
1,543
—
—
115
1,543
1,658
469
1996
11/11
30
Bloomington, TX
$
—
38
3,093
—
—
38
3,093
3,131
1,129
1985
11/11
25
Bryan, TX
$
—
479
3,561
—
—
479
3,561
4,040
1,083
2000
11/11
30
Canyon Lake, TX
$
—
144
1,830
—
—
144
1,830
1,974
668
1977
11/11
25
Cedar Park, TX
$
—
833
1,705
—
—
833
1,705
2,538
444
2002
11/11
35
College Station, TX
$
—
393
3,342
—
—
393
3,342
3,735
1,016
2000
11/11
30
Corpus Christi, TX
$
—
383
3,093
—
—
383
3,093
3,476
806
2006
11/11
35
Edinburg, TX
$
—
431
2,193
—
—
431
2,193
2,624
667
1999
11/11
30
Edna, TX
$
—
67
1,897
—
—
67
1,897
1,964
692
1976
11/11
25
Kingsland, TX
$
—
153
2,691
—
—
153
2,691
2,844
982
1972
11/11
25
Kingsville, TX
$
—
163
1,485
—
—
163
1,485
1,648
542
1990
11/11
25
Laredo, TX
$
—
412
1,476
—
—
412
1,476
1,888
449
2001
11/11
30
Palacios, TX
$
—
29
1,667
—
—
29
1,667
1,696
609
1984
11/11
25
Pflugerville, TX
$
—
996
2,336
—
—
996
2,336
3,332
609
2002
11/11
35
Rio Bravo, TX
$
—
355
1,351
—
—
355
1,351
1,706
352
2002
11/11
35
Round Rock, TX
$
—
661
1,140
—
—
661
1,140
1,801
347
2000
11/11
30
San Antonio, TX
$
—
441
1,313
—
—
441
1,313
1,754
399
1999
11/11
30
Victoria, TX
$
—
259
2,346
—
—
259
2,346
2,605
714
1984
11/11
30
Victoria, TX
$
—
431
2,298
—
—
431
2,298
2,729
699
1986
11/11
30
See accompanying report of independent registered public accounting firm.
F-1
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Investment the Company has Invested in Under Operating Leases:
West Orange, TX
—
220
2,088
—
—
220
2,088
2,308
635
1993
11/11
30
Winnie, TX
—
115
4,566
—
—
115
4,566
4,681
1,190
2002
11/11
35
Austin, TX
—
775
4,677
—
—
775
4,677
5,452
1,410
1996
12/11
30
Austin, TX
—
689
1,732
—
—
689
1,732
2,421
522
1999
12/11
30
Austin, TX
—
1,215
4,524
—
—
1,215
4,524
5,739
1,169
2004
12/11
35
Austin, TX
—
938
1,436
—
—
938
1,436
2,374
433
1998
12/11
30
Austin, TX
—
488
2,163
—
—
488
2,163
2,651
652
2000
12/11
30
Austin, TX
—
756
2,870
—
—
756
2,870
3,626
865
1999
12/11
30
Austin, TX
—
679
1,905
—
—
679
1,905
2,584
574
1999
12/11
30
Austin, TX
—
861
3,004
—
—
861
3,004
3,865
905
2001
12/11
30
Austin, TX
—
880
1,790
—
—
880
1,790
2,670
539
1998
12/11
30
Austin, TX
—
612
3,061
—
—
612
3,061
3,673
923
1999
12/11
30
Austin, TX
—
612
2,775
—
—
612
2,775
3,387
836
1999
12/11
30
Cedar Park, TX
—
536
1,914
—
—
536
1,914
2,450
577
1999
12/11
30
San Antonio, TX
—
947
2,535
—
—
947
2,535
3,482
764
1999
12/11
30
San Antonio, TX
—
909
1,359
—
—
904
1,359
2,263
410
1999
12/11
30
San Antonio, TX
—
631
2,851
—
—
631
2,851
3,482
859
1999
12/11
30
San Antonio, TX
—
766
1,474
—
—
766
1,474
2,240
444
1999
12/11
30
San Antonio, TX
—
412
2,010
—
—
412
2,010
2,422
606
1999
12/11
30
San Antonio, TX
—
545
3,148
—
—
545
3,148
3,693
949
1999
12/11
30
San Antonio, TX
—
469
2,727
—
—
469
2,727
3,196
822
1998
12/11
30
San Antonio, TX
—
899
2,593
—
—
899
2,593
3,492
670
2002
12/11
35
San Antonio, TX
—
517
2,670
—
—
517
2,670
3,187
805
1999
12/11
30
San Antonio, TX
—
679
2,937
—
—
679
2,937
3,616
885
1999
12/11
30
San Antonio, TX
—
632
1,991
—
—
632
1,991
2,623
600
2001
12/11
30
San Antonio, TX
—
603
2,048
—
—
598
2,048
2,646
617
1999
12/11
30
San Antonio, TX
—
919
2,344
—
—
919
2,344
3,263
606
2002
12/11
35
San Antonio, TX
—
985
3,253
—
—
976
3,253
4,229
980
1999
12/11
30
San Antonio, TX
—
411
2,555
—
—
411
2,555
2,966
770
1999
12/11
30
Universal City, TX
—
699
1,675
—
—
699
1,675
2,374
505
2001
12/11
30
Belpre, OH
—
408
759
—
—
408
759
1,167
196
1990
07/14
25
Charleston, WV
—
549
729
—
—
549
729
1,278
157
1995
07/14
30
Charleston, WV
—
689
974
—
—
689
974
1,663
210
1970
07/14
30
Clarksburg, WV
—
390
613
—
—
390
613
1,003
158
1978
07/14
25
See accompanying report of independent registered public accounting firm.
F-2
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Investment the Company has Invested in Under Operating Leases:
Mannington, WV
—
218
745
—
—
218
745
963
160
1996
07/14
30
N. Belle Vernon, PA
—
438
1,165
—
—
438
1,165
1,603
301
1996
07/14
25
New Castle, PA
—
292
617
—
—
292
617
909
133
1983
07/14
30
Parkersburg, WV
—
422
739
—
—
422
739
1,161
159
1985
07/14
30
Parkersburg, WV
—
298
782
—
—
298
782
1,080
202
1988
07/14
25
Weston, WV
—
114
583
—
—
114
583
697
125
1995
07/14
30
7-Eleven (Susser/Stripes):
Brownsville, TX
—
1,279
1,015
—
—
1,279
1,015
2,294
382
1990
12/05
40
Brownsville, TX
—
1,182
1,105
—
—
1,182
1,105
2,287
416
2000
12/05
40
Brownsville, TX
—
2,417
1,828
—
—
2,417
1,828
4,245
688
2000
12/05
40
Brownsville, TX
—
2,915
1,800
—
—
2,915
1,800
4,715
677
2000
12/05
40
Brownsville, TX
—
1,843
1,419
—
—
1,843
1,419
3,262
534
2000
12/05
40
Brownsville, TX
—
933
699
—
—
933
699
1,632
263
1999
12/05
40
Brownsville, TX
—
2,033
1,288
—
—
2,033
1,288
3,321
484
1995
12/05
40
Brownsville, TX
—
2,530
1,125
—
—
2,530
1,125
3,655
423
1990
12/05
40
Brownsville, TX
—
1,392
1,444
—
—
1,392
1,444
2,836
543
2005
12/05
40
Brownsville, TX
—
1,039
1,145
—
—
1,039
1,145
2,184
431
2004
12/05
40
Brownsville, TX
—
1,015
1,308
—
—
1,015
1,308
2,323
492
2003
12/05
40
Corpus Christi, TX
—
1,308
2,151
—
—
1,308
2,151
3,459
809
1995
12/05
40
Corpus Christi, TX
—
703
1,037
—
—
703
1,037
1,740
390
1986
12/05
40
Corpus Christi, TX
—
1,385
1,419
—
—
1,385
1,419
2,804
534
1982
12/05
40
Corpus Christi, TX
—
853
1,416
—
—
853
1,416
2,269
533
2005
12/05
40
Corpus Christi, TX
—
1,400
1,531
—
—
1,400
1,531
2,931
576
1984
12/05
40
Donna, TX
—
1,004
1,127
—
—
1,004
1,127
2,131
424
1995
12/05
40
Edinburg, TX
—
970
1,286
—
—
970
1,286
2,256
484
2003
12/05
40
Edinburg, TX
—
1,317
1,624
—
—
1,317
1,624
2,941
611
1999
12/05
40
Falfurias, TX
—
4,244
4,458
—
—
4,213
4,458
8,671
1,676
2002
12/05
40
Freer, TX
—
1,151
1,158
—
—
1,151
1,158
2,309
436
1984
12/05
40
George West, TX
—
1,243
695
—
—
1,243
695
1,938
261
1996
12/05
40
Harlingen, TX
—
906
953
—
—
906
953
1,859
358
1991
12/05
40
Harlingen, TX
—
754
1,152
—
—
754
1,152
1,906
433
1999
12/05
40
Harlingen, TX
—
755
601
—
—
755
601
1,356
226
1987
12/05
40
La Feria, TX
—
900
1,347
—
—
900
1,347
2,247
506
1988
12/05
40
See accompanying report of independent registered public accounting firm.
F-3
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Investment the Company has Invested in Under Operating Leases:
Laredo, TX
—
1,495
1,400
—
—
1,495
1,400
2,895
527
1993
12/05
40
Laredo, TX
—
675
533
—
—
675
533
1,208
200
1993
12/05
40
Laredo, TX
—
736
670
—
—
736
670
1,406
252
1984
12/05
40
Laredo, TX
—
841
739
—
—
841
739
1,580
278
2001
12/05
40
Laredo, TX
—
1,553
1,775
—
—
1,553
1,775
3,328
667
2000
12/05
40
Los Indios, TX
—
1,387
1,457
—
—
1,387
1,457
2,844
548
2005
12/05
40
McAllen, TX
—
975
1,030
—
—
975
1,030
2,005
387
2003
12/05
40
McAllen, TX
—
987
893
—
—
987
893
1,880
336
1999
12/05
40
Mission, TX
—
880
1,101
—
—
880
1,101
1,981
414
1999
12/05
40
Mission, TX
—
1,125
1,213
—
—
1,125
1,213
2,338
456
2003
12/05
40
Olmito, TX
—
3,688
2,880
—
—
3,688
2,880
6,568
1,083
2002
12/05
40
Pharr, TX
—
784
805
—
—
784
805
1,589
303
2000
12/05
40
Pharr, TX
—
982
1,178
—
—
982
1,178
2,160
443
1988
12/05
40
Pharr, TX
—
2,426
1,881
—
—
2,426
1,881
4,307
707
2003
12/05
40
Port Isabel, TX
—
2,062
1,299
—
—
2,062
1,299
3,361
488
1994
12/05
40
Portland, TX
—
656
915
—
—
656
915
1,571
344
1983
12/05
40
Progreso, TX
—
1,769
1,811
—
—
1,769
1,811
3,580
681
1999
12/05
40
Riviera, TX
—
2,351
2,158
—
—
2,351
2,158
4,509
812
2005
12/05
40
San Benito, TX
—
1,103
1,586
—
—
1,103
1,586
2,689
596
2005
12/05
40
San Benito, TX
—
791
1,857
—
—
791
1,857
2,648
698
1994
12/05
40
San Juan, TX
—
1,124
1,172
—
—
1,124
1,172
2,296
441
1996
12/05
40
San Juan, TX
—
1,424
1,546
—
—
1,424
1,546
2,970
581
2004
12/05
40
South Padre Island, TX
—
1,367
1,389
—
—
1,367
1,389
2,756
522
1988
12/05
40
Palmview, TX
—
835
1,372
—
—
835
1,372
2,207
487
2005
10/06
40
Harlingen, TX
—
638
1,807
—
—
638
1,807
2,445
634
2006
12/06
40
Rio Grande City, TX
—
1,871
1,612
—
—
1,871
1,612
3,483
566
2006
12/06
40
San Juan, TX
—
816
1,434
—
—
816
1,434
2,250
503
2006
12/06
40
Zapata, TX
—
1,333
1,773
—
—
1,333
1,773
3,106
622
2006
12/06
40
Orange Grove, TX
—
1,767
1,838
—
—
1,767
1,838
3,605
630
2007
04/07
40
Harlingen, TX
—
408
826
—
—
408
826
1,234
361
1982
11/07
30
Laredo, TX
—
584
958
—
—
584
958
1,542
419
1981
11/07
30
Laredo, TX
—
348
1,168
—
—
348
1,168
1,516
511
1983
11/07
30
Laredo, TX
—
448
734
—
—
448
734
1,182
321
1981
11/07
30
Laredo, TX
—
698
1,169
—
—
698
1,169
1,867
511
1981
11/07
30
See accompanying report of independent registered public accounting firm.
F-4
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Investment the Company has Invested in Under Operating Leases:
Laredo, TX
—
468
728
—
—
468
728
1,196
318
1973
11/07
30
San Benito, TX
—
420
1,135
—
—
420
1,135
1,555
497
1985
11/07
30
Del Rio, TX
—
1,565
758
—
—
1,565
758
2,323
249
1996
11/07
40
Kerrville, TX
—
640
1,616
—
—
640
1,616
2,256
530
1996
11/07
40
Pharr, TX
—
573
1,229
—
—
573
1,229
1,802
401
2000
12/07
40
Harlingen, TX
—
277
808
—
—
277
808
1,085
349
1983
01/08
30
Laredo, TX
—
325
816
—
—
325
816
1,141
352
1983
01/08
30
McAllen, TX
—
643
1,776
—
—
643
1,776
2,419
767
1980
01/08
30
Port Isabel, TX
—
299
855
—
—
299
855
1,154
370
1983
01/08
30
Brownsville, TX
—
843
1,429
—
—
843
1,429
2,272
451
2007
05/08
40
Edinburg, TX
—
834
1,787
—
—
834
1,787
2,621
564
2007
05/08
40
La Villa, TX
—
710
2,166
—
—
710
2,166
2,876
684
2007
05/08
40
Laredo, TX
—
879
1,593
—
—
879
1,593
2,472
503
2007
05/08
40
Laredo, TX
—
1,183
1,934
—
—
1,183
1,934
3,117
610
2007
05/08
40
McAllen, TX
—
1,270
2,383
—
—
1,270
2,383
3,653
1,003
1986
05/08
30
Abra Auto Body:
Belmont, NC
—
785
2,375
—
—
785
2,375
3,160
139
1970
07/19
25
Academy:
Franklin, TN
—
1,807
2,108
—
—
1,589
2,108
3,697
1,092
1999
06/05
30
Baton Rouge, LA
—
1,511
4,861
—
—
1,511
4,861
6,372
672
2003
07/17
25
Ace Hardware and Lighting:
Bourbonnais, IL
—
298
1,329
—
—
298
1,329
1,627
691
1997
11/98
37
Action Gypsum Supply:
Carrollton, TX
—
478
535
—
—
478
535
1,013
214
1981
12/04
40
See accompanying report of independent registered public accounting firm.
F-5
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Investment the Company has Invested in Under Operating Leases:
Advance Auto Parts:
Miami, FL
—
867
—
1,035
—
867
1,035
1,902
402
2005
12/04
(g)
40
Abbeville, LA
—
23
148
—
—
23
148
171
74
1970
12/10
20
Abbotsford, WI
—
56
163
—
—
56
163
219
65
1984
12/10
25
Addison, IL
—
76
314
—
—
76
314
390
126
1971
12/10
25
Alsip, IL
—
57
323
—
—
57
323
380
162
1972
12/10
20
Antigo, WI
—
96
294
—
—
96
294
390
98
1998
12/10
30
Arden, NC
—
42
281
—
—
42
281
323
113
1989
12/10
25
Bangor, ME
—
51
339
—
—
51
339
390
136
1985
12/10
25
Bartlett, TN
—
40
293
—
—
40
293
333
118
1989
12/10
25
Brunswick, ME
—
41
254
—
—
41
254
295
102
1985
12/10
25
Bucksport, ME
—
19
114
—
—
19
114
133
57
1976
12/10
20
Carol Stream, IL
—
103
515
—
—
103
515
618
258
1960
12/10
20
Chicago, IL
—
83
383
—
—
83
383
466
154
1987
12/10
25
Chippewa Falls, WI
—
33
328
—
—
33
328
361
110
1996
12/10
30
Devils Lake, ND
—
38
276
—
—
38
276
314
92
1999
12/10
30
Dodge City, KS
—
43
166
—
—
43
166
209
111
1948
12/10
15
Eau Claire, WI
—
33
204
—
—
33
204
237
103
1956
12/10
20
Elgin, IL
—
88
311
—
—
88
311
399
156
1965
12/10
20
Escanaba, MI
—
40
283
—
—
40
283
323
114
1982
12/10
25
Greenville, OH
—
63
193
—
—
63
193
256
129
1910
12/10
15
Hayward, WI
—
57
333
—
—
57
333
390
134
1980
12/10
25
Houlton, ME
—
38
219
—
—
38
219
257
219
1915
12/10
10
Irving, TX
—
182
208
—
—
182
208
390
105
1984
12/10
20
Kennedale, TX
—
88
283
—
—
88
283
371
142
1959
12/10
20
Laurel, MS
—
74
202
—
—
74
202
276
135
1959
12/10
15
Madison, TN
—
78
179
—
—
78
179
257
72
1988
12/10
25
Madison, WI
—
57
409
—
—
57
409
466
164
1973
12/10
25
Marshfield, WI
—
60
282
—
—
60
282
342
142
1940
12/10
20
Medford, WI
—
37
229
—
—
37
229
266
92
1988
12/10
25
Midland, TX
—
36
212
—
—
36
212
248
142
1960
12/10
15
Montello, WI
—
26
173
—
—
26
173
199
58
1997
12/10
30
Neillsville, WI
—
26
145
—
—
26
145
171
58
1979
12/10
25
Ocala, FL
—
78
416
—
—
78
416
494
278
1971
12/10
15
See accompanying report of independent registered public accounting firm.
F-6
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Investment the Company has Invested in Under Operating Leases:
Phillips, WI
—
23
177
—
—
23
177
200
59
1992
12/10
30
Rhinelander, WI
—
28
115
—
—
28
115
143
58
1958
12/10
20
River Falls, WI (n)
—
42
234
—
—
42
234
276
117
1976
12/10
20
Rockford, IL
—
61
376
—
—
61
376
437
151
1962
12/10
25
Schofield, WI
—
41
425
—
—
41
425
466
213
1968
12/10
20
Spokane, WA
—
66
201
—
—
66
201
267
101
1965
12/10
20
Spokane, WA (n)
—
93
373
—
—
93
373
466
187
1972
12/10
20
St. Peter, MN
—
17
259
—
—
15
259
274
87
1999
12/10
30
Stayton, OR
—
88
312
—
—
88
312
400
104
1994
12/10
30
Stevens Point, WI
—
61
405
—
—
61
405
466
163
1975
12/10
25
Thornton, CO
—
414
536
—
—
414
536
950
180
1996
12/10
30
Troy, AL
—
15
52
—
—
15
52
67
35
1966
12/10
15
Wausau, WI
—
52
300
—
—
52
300
352
120
1989
12/10
25
Wautoma, WI
—
18
106
—
—
18
106
124
53
1959
12/10
20
West Columbia, SC
—
41
159
—
—
41
159
200
80
1962
12/10
20
West Memphis, AR
—
58
294
—
—
58
294
352
118
1987
12/10
25
Windom, MN (n)
—
5
137
—
—
5
137
142
69
1950
12/10
20
Wisconsin Rapids, WI
—
41
215
—
—
41
215
256
108
1975
12/10
20
Yakima, WA
—
50
321
—
—
50
321
371
161
1965
12/10
20
Aurora, IL
—
641
226
—
—
641
226
867
112
1971
02/11
20
Eagle River, WI
—
99
52
—
—
99
52
151
26
1978
02/11
20
Lexington, KY
—
85
226
—
—
85
226
311
75
1991
02/11
30
Mobile, AL
—
75
197
—
—
75
197
272
93
1975
07/11
20
Fairmont, MN
—
98
166
—
—
98
166
264
75
1978
01/12
20
Sycamore, IL
—
49
476
—
—
49
476
525
213
1924
01/12
20
Orchard Park, NY
—
353
—
725
—
267
725
992
131
2013
05/13
(m)
40
Morrisville, NC
—
127
332
—
—
127
332
459
101
1992
05/13
25
Salt Lake City, UT
—
571
697
—
—
571
697
1,268
266
1951
05/13
20
Crestview, FL
—
158
463
—
—
158
463
621
113
2003
09/13
30
Depew, NY
—
309
—
821
—
309
821
1,130
136
2014
10/13
(m)
40
Sherman, TX
—
183
—
657
—
183
657
840
124
2005
01/14
(o)
35
Richmond, VA
—
193
1,268
—
—
193
1,268
1,461
291
2008
02/14
30
Adventure Landing:
Jacksonville Beach, FL
—
3,615
5,636
—
—
3,615
3,823
7,438
2,620
1995
04/11
30
See accompanying report of independent registered public accounting firm.
F-7
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Investment the Company has Invested in Under Operating Leases:
Jacksonville, FL
—
721
861
—
—
721
798
1,519
528
1983
04/11
25
Raleigh, NC
—
1,841
3,124
—
—
1,841
1,927
3,768
1,435
1989
04/11
25
St. Augustine, FL
—
797
289
—
—
797
289
1,086
235
1999
04/11
30
Tonawanda, NY
—
205
927
—
—
205
927
1,132
562
1991
04/11
25
Affordable Care:
Asheville, NC
—
467
576
—
—
467
576
1,043
124
2005
07/14
30
Conover, NC
—
187
623
—
—
187
623
810
134
2002
07/14
30
Poland, OH
—
231
650
—
—
231
650
881
168
2001
07/14
25
Wilmington, NC
—
398
565
—
—
398
565
963
122
2002
07/14
30
Ahern Rentals:
Albuquerque, NM
—
1,588
2,423
—
—
1,588
2,423
4,011
149
1972
06/19
25
Arlington, WA
—
2,042
3,304
—
—
2,042
3,304
5,346
204
1978
06/19
25
Bloomfield, CT
—
269
2,738
—
—
269
2,738
3,007
169
1978
06/19
25
Cedar City, UT
—
195
2,111
—
—
195
2,111
2,306
130
1972
06/19
25
Charlotte, NC
—
576
1,932
—
—
576
1,932
2,508
99
2002
06/19
30
Colorado Springs, CO
—
261
1,144
—
—
261
1,144
1,405
59
2000
06/19
30
Deer Park, NY
—
891
2,617
—
—
891
2,617
3,508
161
1966
06/19
25
El Paso, TX
—
380
3,628
—
—
380
3,628
4,008
224
1978
06/19
25
Fife, WA
—
1,272
3,537
—
—
1,272
3,537
4,809
218
1974
06/19
25
Franksville, WI
—
529
2,098
—
—
529
2,098
2,627
92
2018
06/19
35
Houston, TX
—
964
5,546
—
—
964
5,546
6,510
285
1998
06/19
30
Irving, TX
—
455
3,054
—
—
455
3,054
3,509
157
2000
06/19
30
Kansas City, KS
—
1,049
1,959
—
—
1,049
1,959
3,008
121
1946
06/19
25
Kennesaw, GA
—
3,126
2,384
—
—
3,126
2,384
5,510
122
1996
06/19
30
Lake Dallas, TX
—
1,076
5,156
—
—
1,076
5,156
6,232
318
1990
06/19
25
Lubbock, TX
—
269
2,238
—
—
269
2,238
2,507
115
2000
06/19
30
Oklahoma City, OK
—
603
2,404
—
—
603
2,404
3,007
148
1981
06/19
25
Richfield, UT
—
84
1,369
—
—
84
1,369
1,453
84
1995
06/19
25
Sacramento, CA
—
1,235
1,774
—
—
1,235
1,774
3,009
109
1970
06/19
25
Salt Lake City, UT
—
1,486
5,032
—
—
1,486
5,032
6,518
310
1977
06/19
25
Tampa, FL
—
687
3,822
—
—
687
3,822
4,509
236
1966
06/19
25
Waco, TX
—
288
1,719
—
—
288
1,719
2,007
106
1979
06/19
25
Winston Salem, NC
—
177
1,182
—
—
177
1,182
1,359
73
1970
06/19
25
See accompanying report of independent registered public accounting firm.
F-8
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Investment the Company has Invested in Under Operating Leases:
Ajuua Mexican Restaurant:
Aurora, CO
—
1,168
1,105
22
—
1,168
1,127
2,295
578
2000
06/05
30
Aldi:
Cutler Bay, FL
—
989
1,479
205
—
989
1,684
2,673
981
1995
06/96
40
All Star Sports:
Wichita, KS
—
1,551
965
152
—
1,551
689
2,240
357
1987
05/07
40
Wichita, KS
—
3,275
1,631
167
—
2,222
573
2,795
573
1988
05/07
40
Allsup's:
Abilene, TX
—
243
3,760
—
—
243
3,760
4,003
141
2008
11/19
30
Abilene, TX
—
233
2,769
—
—
233
2,769
3,002
104
2009
11/19
30
Abilene, TX
—
58
2,944
—
—
58
2,944
3,002
110
2008
11/19
30
Artesia, NM
—
136
2,867
—
—
136
2,867
3,003
129
1980
11/19
25
Azle, TX
—
68
1,935
—
—
68
1,935
2,003
73
1987
11/19
30
Bowie, TX
—
272
2,711
—
—
272
2,711
2,983
102
1987
11/19
30
Brownwood, TX
—
165
3,837
—
—
165
3,837
4,002
144
2012
11/19
30
Canyon, TX
—
146
1,857
—
—
146
1,857
2,003
84
1979
11/19
25
Carlsbad, NM
—
146
2,857
—
—
146
2,857
3,003
129
1981
11/19
25
Carlsbad, NM
—
233
2,769
—
—
233
2,769
3,002
125
1980
11/19
25
Carlsbad, NM
—
437
3,565
—
—
437
3,565
4,002
134
1983
11/19
30
Cisco, TX
—
243
2,760
—
—
243
2,760
3,003
103
2007
11/19
30
Clarendon, TX
—
457
3,546
—
—
457
3,546
4,003
114
2018
11/19
35
Clovis, NM
—
155
2,847
—
—
155
2,847
3,002
128
1980
11/19
25
Clovis, NM
—
175
1,828
—
—
175
1,828
2,003
69
2011
11/19
30
Comanche, TX
—
360
2,643
—
—
360
2,643
3,003
99
1982
11/19
30
Denver City, TX
—
87
3,915
—
—
87
3,915
4,002
147
1987
11/19
30
Friona, TX
—
107
2,896
—
—
107
2,896
3,003
109
1983
11/19
30
Hobbs, NM
—
68
2,935
—
—
68
2,935
3,003
132
1955
11/19
25
Hobbs, NM
—
330
2,672
—
—
330
2,672
3,002
120
1981
11/19
25
Hobbs, NM
—
544
3,458
—
—
544
3,458
4,002
111
2015
11/19
35
Hobbs, NM
—
87
2,915
—
—
87
2,915
3,002
131
1977
11/19
25
Lovington, NM
—
136
2,867
—
—
136
2,867
3,003
129
1962
11/19
25
See accompanying report of independent registered public accounting firm.
F-9
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Investment the Company has Invested in Under Operating Leases:
Lovington, NM
—
49
2,954
—
—
49
2,954
3,003
133
1962
11/19
25
Plains, TX
—
165
3,837
—
—
165
3,837
4,002
123
2017
11/19
35
Plainview, TX
—
330
3,672
—
—
330
3,672
4,002
118
2018
11/19
35
Portales, NM
—
39
1,964
—
—
39
1,964
2,003
74
1978
11/19
30
Rio Rancho, NM
—
301
2,206
—
—
301
2,206
2,507
83
1989
11/19
30
Roswell, NM
—
146
3,857
—
—
146
3,857
4,003
145
1997
11/19
30
San Angelo, TX
—
622
3,381
—
—
622
3,381
4,003
109
2017
11/19
35
San Angelo, TX
—
476
3,526
—
—
476
3,526
4,002
113
2018
11/19
35
Santa Fe, NM
—
496
2,012
—
—
496
2,012
2,508
75
1995
11/19
30
Santa Fe, NM
—
292
2,216
—
—
292
2,216
2,508
83
1990
11/19
30
Silverton, TX
—
155
2,847
—
—
155
2,847
3,002
128
1981
11/19
25
Snyder, TX
—
185
3,818
—
—
185
3,818
4,003
123
2014
11/19
35
Stephenville, TX
—
612
2,390
—
—
612
2,390
3,002
77
2013
11/19
35
Stephenville, TX
—
884
2,623
—
—
884
2,623
3,507
98
2008
11/19
30
AMC Theatre:
Bloomington, IN
—
2,338
4,000
—
—
2,338
4,000
6,338
2,127
1987
09/07
25
Brighton, CO
—
1,070
5,491
3,000
—
1,070
8,491
9,561
2,216
2005
09/07
40
Castle Rock, CO
—
2,905
5,002
—
—
2,905
5,002
7,907
1,662
2005
09/07
40
Evansville, IN
—
1,300
4,269
3,400
—
1,300
7,669
8,969
2,174
1999
09/07
35
Galesburg, IL
—
1,205
2,441
—
—
1,205
2,441
3,646
811
2003
09/07
40
Machesney Park, IL
—
3,018
8,770
—
—
3,018
8,770
11,788
2,914
2005
09/07
40
Michigan City, IN
—
1,996
8,422
—
—
1,996
8,422
10,418
2,798
2005
09/07
40
Muncie, IN
—
1,243
5,512
2,400
—
1,243
7,912
9,155
2,077
2005
09/07
40
Naperville, IL
—
6,141
11,624
—
—
6,141
11,624
17,765
3,863
2006
09/07
40
New Lenox, IL
—
6,778
10,980
—
—
6,778
10,980
17,758
3,649
2004
09/07
40
Chicago, IL
—
7,257
10,955
—
—
7,257
10,955
18,212
3,549
2007
01/08
40
Johnson Creek, WI
—
1,433
3,932
—
—
1,433
3,932
5,365
1,456
1997
01/08
35
Lake Delton, WI
—
2,063
8,366
—
—
2,063
8,366
10,429
3,097
1999
01/08
35
Quincy, IL
—
1,297
2,850
—
—
1,297
2,850
4,147
1,055
1982
01/08
35
Schererville, IN
—
6,619
14,225
—
—
6,619
14,225
20,844
6,144
1996
01/08
30
See accompanying report of independent registered public accounting firm.
F-10
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Investment the Company has Invested in Under Operating Leases:
Fayetteville, NC
—
2,409
—
13,750
—
2,409
13,750
16,159
2,106
2014
11/13
40
Albuquerque, NM
—
1,474
—
10,301
—
1,474
10,301
11,775
1,341
2015
11/14
(m)
40
West Jordan, UT
—
3,302
246
3,117
—
3,302
3,363
6,665
558
2015
05/15
(m)
30
American Family Care:
Mobile, AL
—
843
562
348
—
843
910
1,753
372
1997
12/01
40
Alcoa, TN
—
1,221
—
1,730
—
1,221
1,730
2,951
315
2013
12/12
(m)
40
Cullman, AL
—
541
—
1,517
—
541
1,517
2,058
273
2013
12/12
(m)
40
Decatur, AL
—
460
1,283
—
—
460
1,283
1,743
295
2010
12/12
35
Nashville, TN
—
377
—
1,403
—
377
1,403
1,780
247
2013
12/12
(m)
40
Pace, FL
—
738
—
1,459
—
738
1,459
2,197
263
2013
12/12
(m)
40
Woodstock, GA
—
563
—
1,653
—
563
1,653
2,216
284
2014
12/12
(m)
40
Fairhope, AL
—
(l)
1,929
—
—
(l)
1,929
1,929
380
2012
02/13
40
Dothan, AL
—
667
—
1,400
—
667
1,400
2,067
255
2013
02/13
(m)
40
Auburn, AL
—
663
—
1,835
—
663
1,835
2,498
323
2013
03/13
(m)
40
Milton, GA
—
577
1,526
—
—
577
1,526
2,103
297
2012
03/13
40
Roswell, GA
—
814
—
1,851
—
816
1,851
2,667
295
2014
04/13
(m)
40
Marietta, GA
—
432
—
1,846
—
432
1,846
2,278
317
2014
04/13
(m)
40
Mt. Juliet, TN
—
875
1,566
—
—
875
1,566
2,441
292
2013
07/13
40
Chattanooga, TN
—
469
—
1,626
—
469
1,626
2,095
279
2014
07/13
(m)
40
Columbus, GA
—
550
—
1,520
—
550
1,520
2,070
261
2014
07/13
(m)
40
Birmingham, AL
—
445
—
1,640
—
445
1,640
2,085
285
2005
08/13
(o)
40
Hendersonville, TN
—
660
1,640
—
—
660
1,640
2,300
292
2013
11/13
40
Calera, AL
—
606
—
1,673
—
606
1,673
2,279
270
2014
12/13
(m)
40
Spring Hill, TN
—
589
—
1,718
—
589
1,718
2,307
267
2014
02/14
(m)
40
Athens, AL
—
497
—
1,834
—
497
1,834
2,331
277
2014
03/14
(m)
40
Panama City Beach, FL
—
995
—
1,745
—
995
1,745
2,740
267
2014
04/14
(m)
40
Gadsden, AL
—
527
—
1,565
—
527
1,565
2,092
236
2014
05/14
40
Knoxville, TN
—
2,021
—
2,014
—
2,021
2,014
4,035
271
2015
08/14
(m)
40
Fort Oglethorpe, GA
—
736
—
1,832
—
736
1,832
2,568
258
2015
08/14
(m)
40
Enterprise, AL
—
570
—
1,703
—
570
1,703
2,273
222
2015
01/15
(m)
40
American Freight:
Glen Allen, VA
—
889
1,948
—
—
889
1,948
2,837
1,197
1996
05/96
40
See accompanying report of independent registered public accounting firm.
F-11
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Investment the Company has Invested in Under Operating Leases:
American Retail Service:
Lincoln City, OR
—
1,099
1,560
—
—
1,099
1,560
2,659
502
1973
12/12
25
Salem, OR
—
433
1,627
735
—
433
2,362
2,795
567
1999
12/12
(o)
40
Yuma, AZ
—
1,118
1,878
—
—
1,118
1,878
2,996
604
1987
12/12
25
American Welding & Gas:
Appleton, WI
—
85
438
—
—
85
438
523
146
1995
12/10
30
Amoco:
Miami, FL
—
969
—
—
—
969
(i)
969
(i)
(i)
05/03
(i)
Sunrise, FL
—
949
—
—
—
949
(i)
949
(i)
(i)
06/03
(i)
Deerfield Beach, FL
—
770
274
26
—
770
300
1,070
109
1980
12/05
40
Amscot:
Tampa, FL
—
1,160
352
—
—
1,160
352
1,512
134
1981
10/05
40
Orlando, FL
—
764
—
891
—
764
891
1,655
323
2006
12/05
40
Orlando, FL
—
664
1,011
—
—
664
983
1,647
352
2006
12/05
(g)
40
Orlando, FL
—
358
—
900
—
358
900
1,258
328
2006
02/06
(g)
40
Orlando, FL
—
546
—
872
—
546
872
1,418
320
2006
02/06
(g)
40
Clearwater, FL
—
456
332
—
—
456
332
788
118
1967
09/06
40
Antojo Mexican Grill:
Lakewood, WA
—
580
201
—
—
575
201
776
143
1984
09/06
20
Applebee's:
Ballwin, MO
—
1,496
1,404
47
—
1,496
1,450
2,946
676
1995
12/01
40
Crestview Hills, KY
—
1,069
1,367
—
—
1,069
1,367
2,436
567
1993
08/10
25
Danville, KY
—
641
1,645
—
—
641
1,645
2,286
569
2003
08/10
30
Florence, KY
—
1,075
1,488
—
—
1,075
1,488
2,563
618
1988
08/10
25
Frankfort, KY
—
862
1,610
—
—
862
1,610
2,472
557
1993
08/10
30
Georgetown, KY
—
809
1,437
—
—
809
1,437
2,246
497
2001
08/10
30
Hilliard, OH
—
808
1,846
—
—
808
1,846
2,654
638
1998
08/10
30
Maysville, KY
—
513
1,387
—
—
513
1,387
1,900
411
2005
08/10
35
Nicholasville, KY
—
454
1,077
—
—
454
1,077
1,531
372
2000
08/10
30
Troy, OH
—
645
862
—
—
645
862
1,507
358
1996
08/10
25
See accompanying report of independent registered public accounting firm.
F-12
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Investment the Company has Invested in Under Operating Leases:
Grove City, OH
—
511
1,415
—
—
511
1,415
1,926
481
1990
10/10
30
Kettering, OH
—
359
1,043
—
—
359
1,043
1,402
304
2005
10/10
35
Mesa, AZ
—
974
1,514
—
—
974
1,514
2,488
515
1992
10/10
30
Mt. Sterling, KY
—
510
1,392
—
—
510
1,392
1,902
406
2000
10/10
35
Phoenix, AZ
—
458
1,099
—
—
458
1,099
1,557
321
2004
10/10
35
Phoenix, AZ
—
781
1,456
—
—
781
1,456
2,237
496
1995
10/10
30
Angola, IN
—
478
1,533
—
—
478
1,533
2,011
283
2002
07/14
35
Arby's:
Colorado Springs, CO
—
206
534
—
—
206
534
740
254
1998
12/01
40
Thomson, GA
—
268
504
—
—
268
504
772
240
1997
12/01
40
Washington Courthouse,
OH
—
157
546
250
—
157
796
953
275
1998
12/01
40
Whitmore Lake, MI
—
171
469
—
—
171
469
640
223
1993
12/01
40
Indianapolis, IN
—
456
830
—
—
456
830
1,286
153
2005
07/14
35
Indianapolis, IN
—
285
686
—
—
285
686
971
148
1998
07/14
30
Madison, GA
—
242
697
—
—
242
697
939
164
1985
02/15
25
Muncie, IN
—
400
876
—
—
400
876
1,276
169
1995
03/15
30
Gordonsville, TN
—
408
1,077
—
—
408
1,077
1,485
181
2009
12/15
30
Ada, OK
—
147
1,841
—
—
147
1,841
1,988
150
1980
12/18
25
Altus, OK
—
333
902
—
—
333
902
1,235
74
1978
12/18
25
Ardmore, OK
—
490
1,206
—
—
490
1,206
1,696
70
2013
12/18
35
Arkansas City, KS
—
59
1,118
—
—
59
1,118
1,177
76
1999
12/18
30
Bentonville, AR
—
245
1,099
—
—
245
1,099
1,344
75
2007
12/18
30
Boonville, MO
—
157
1,040
—
—
157
1,040
1,197
71
2007
12/18
30
Broken Arrow, OK
—
333
1,138
—
—
333
1,138
1,471
93
1978
12/18
25
Broken Arrow, OK
—
471
765
—
—
471
765
1,236
52
2005
12/18
30
Cabot, AR
—
225
1,744
—
—
225
1,744
1,969
119
1994
12/18
30
Choctaw, OK
—
509
2,093
—
—
509
2,093
2,602
122
2017
12/18
35
Claremore, OK
—
196
1,976
—
—
196
1,976
2,172
134
2005
12/18
30
Clinton, MO
—
147
1,196
—
—
147
1,196
1,343
81
2005
12/18
30
Coffeyville, KS
—
59
1,059
—
—
59
1,059
1,118
72
1995
12/18
30
Colorado Springs, CO
—
344
885
—
—
344
885
1,229
60
2004
12/18
30
Concordia, KS
—
118
923
—
—
118
923
1,041
75
1992
12/18
25
Conway, AR
—
157
972
—
—
157
972
1,129
66
1994
12/18
30
Derby, KS
—
353
941
—
—
353
941
1,294
64
2000
12/18
30
See accompanying report of independent registered public accounting firm.
F-13
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Investment the Company has Invested in Under Operating Leases:
Eagle, ID
—
441
990
—
—
441
990
1,431
58
2017
12/18
35
Edmond, OK
—
186
951
—
—
186
951
1,137
78
1977
12/18
25
Edwardsville, IL
—
147
1,294
—
—
147
1,294
1,441
88
2000
12/18
30
El Dorado, KS
—
167
1,030
—
—
167
1,030
1,197
70
2004
12/18
30
Fayetteville, AR
—
441
1,069
—
—
441
1,069
1,510
73
1998
12/18
30
Fayetteville, AR
—
550
658
—
—
550
658
1,208
45
2006
12/18
30
Fort Smith, AR
—
393
1,090
—
—
393
1,090
1,483
89
1980
12/18
25
Fountain, CO
—
707
913
—
—
707
913
1,620
53
2013
12/18
35
Glenpool, OK
—
137
1,334
—
—
137
1,334
1,471
109
1980
12/18
25
Godfrey, IL
—
157
1,186
—
—
157
1,186
1,343
81
2001
12/18
30
Greeley, CO
—
529
1,684
—
—
529
1,684
2,213
98
2017
12/18
35
Greenwood, AR
—
59
943
—
—
59
943
1,002
64
1994
12/18
30
Guthrie, OK
—
303
1,566
—
—
303
1,566
1,869
107
2002
12/18
30
Harrison, AR
—
402
1,423
—
—
402
1,423
1,825
97
2003
12/18
30
Harrisonville, MO
—
372
902
—
—
372
902
1,274
74
1986
12/18
25
Hays, KS
—
176
1,888
—
—
176
1,888
2,064
154
1986
12/18
25
Hot Springs, AR
—
441
1,128
—
—
441
1,128
1,569
92
1985
12/18
25
Hutchinson, KS
—
206
1,098
—
—
206
1,098
1,304
75
2006
12/18
30
Hutchinson, KS
—
118
952
—
—
118
952
1,070
78
1982
12/18
25
Independence, MO
—
412
853
—
—
412
853
1,265
58
2008
12/18
30
Independence, MO
—
294
1,341
—
—
294
1,341
1,635
91
2010
12/18
30
Jerseyville, IL
—
187
845
—
—
187
845
1,032
57
1998
12/18
30
Kansas City, MO
—
470
1,194
—
—
470
1,194
1,664
70
2015
12/18
35
Kearney, MO
—
343
1,234
—
—
343
1,234
1,577
84
1996
12/18
30
Lansing, KS
—
245
834
—
—
245
834
1,079
57
2007
12/18
30
Lawton, OK
—
431
1,039
—
—
431
1,039
1,470
85
1987
12/18
25
Litchfield, IL
—
186
1,402
—
—
186
1,402
1,588
82
2013
12/18
35
Little Rock, AR
—
393
541
—
—
393
541
934
44
1988
12/18
25
Little Rock, AR
—
736
579
—
—
736
579
1,315
34
2013
12/18
35
Manhattan, KS
—
333
1,078
—
—
333
1,078
1,411
63
2015
12/18
35
Mehlville, MO
—
167
1,264
—
—
167
1,264
1,431
86
2005
12/18
30
Midwest City, OK
—
245
980
—
—
245
980
1,225
80
1978
12/18
25
Midwest City, OK
—
226
922
—
—
226
922
1,148
75
1978
12/18
25
Mission, KS
—
314
892
—
—
314
892
1,206
61
1999
12/18
30
Moore, OK
—
196
727
—
—
196
727
923
59
1977
12/18
25
See accompanying report of independent registered public accounting firm.
F-14
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Investment the Company has Invested in Under Operating Leases:
Moore, OK
—
530
814
—
—
530
814
1,344
55
2006
12/18
30
Muskogee, OK
—
157
1,000
—
—
157
1,000
1,157
68
2000
12/18
30
Neosho, MO
—
206
971
—
—
206
971
1,177
66
2007
12/18
30
Newcastle, OK
—
176
1,225
—
—
176
1,225
1,401
83
2007
12/18
30
Nixa, MO
—
490
628
—
—
490
628
1,118
43
2005
12/18
30
Norman, OK
—
353
874
—
—
353
874
1,227
59
1994
12/18
30
North Little Rock, AR
—
491
432
—
—
491
432
923
25
2006
12/18
35
Oklahoma City, OK
—
433
560
—
—
433
560
993
38
2003
12/18
30
Osage Beach, MO
—
245
932
—
—
245
932
1,177
63
2008
12/18
30
Park City, KS
—
284
1,351
—
—
284
1,351
1,635
79
2017
12/18
35
Pittsburg, KS
—
216
1,303
—
—
216
1,303
1,519
106
1978
12/18
25
Platte City, MO
—
392
921
—
—
392
921
1,313
63
2003
12/18
30
Sallisaw, OK
—
127
1,186
—
—
127
1,186
1,313
81
2002
12/18
30
Sand Springs, OK
—
147
1,459
—
—
147
1,459
1,606
99
1998
12/18
30
Sapulpa, OK
—
147
1,733
—
—
147
1,733
1,880
142
1981
12/18
25
Shawnee, OK
—
98
1,254
—
—
98
1,254
1,352
102
1980
12/18
25
Siloam Springs, AR
—
216
1,216
—
—
216
1,216
1,432
99
1980
12/18
25
St. Louis, MO
—
363
1,019
—
—
363
1,019
1,382
69
2008
12/18
30
Topeka, KS
—
587
1,116
—
—
587
1,116
1,703
76
2006
12/18
30
Tulsa, OK
—
323
1,470
—
—
323
1,470
1,793
120
1981
12/18
25
Tulsa, OK
—
804
716
—
—
804
716
1,520
49
2006
12/18
30
Tulsa, OK
—
539
716
—
—
539
716
1,255
49
1997
12/18
30
Tulsa, OK
—
98
865
—
—
98
865
963
71
1981
12/18
25
Tulsa, OK
—
206
1,216
—
—
206
1,216
1,422
99
1982
12/18
25
Tulsa, OK
—
529
784
—
—
529
784
1,313
64
1993
12/18
25
Union, MO
—
128
835
—
—
128
835
963
57
2006
12/18
30
Van Buren, AR
—
334
1,187
—
—
334
1,187
1,521
81
2000
12/18
30
Vandalia, IL
—
206
962
—
—
206
962
1,168
79
1981
12/18
25
Weatherford, OK
—
118
1,469
—
—
118
1,469
1,587
100
1999
12/18
30
Wichita, KS
—
98
1,089
—
—
98
1,089
1,187
89
1981
12/18
25
Wichita, KS
—
314
960
—
—
314
960
1,274
65
1994
12/18
30
See accompanying report of independent registered public accounting firm.
F-15
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Investment the Company has Invested in Under Operating Leases:
Wichita, KS
—
343
687
—
—
343
687
1,030
40
2014
12/18
35
Woodward, OK
—
108
1,401
—
—
108
1,401
1,509
114
1982
12/18
25
Wagoner, OK
—
157
971
—
—
157
971
1,128
66
1988
04/19
25
Mustang, OK
—
285
1,403
—
—
285
1,403
1,688
73
1984
09/19
25
ARCO ampm:
Casa Grande, AZ
—
2,340
1,894
83
—
2,340
1,905
4,245
694
1993
05/08
35
Gilbert, AZ
—
1,317
1,304
85
—
1,166
1,325
2,491
491
1996
05/08
35
Globe, AZ
—
762
2,148
114
—
762
2,180
2,942
807
1998
05/08
35
Mesa, AZ
—
2,219
2,140
89
—
2,219
2,170
4,389
705
2000
05/08
40
Mesa, AZ
—
1,332
1,367
92
—
1,156
1,385
2,541
594
1986
05/08
30
Prescott, AZ
—
1,266
1,261
118
—
1,266
1,294
2,560
488
1997
05/08
35
Scottsdale, AZ
—
1,529
1,373
240
—
1,529
1,451
2,980
573
1999
05/08
35
Sedona, AZ
—
1,281
1,324
107
—
1,281
1,345
2,626
439
2000
05/08
40
Tucson, AZ
—
1,457
1,619
125
—
1,457
1,651
3,108
616
1995
05/08
35
Tucson, AZ
—
1,105
1,336
111
—
1,105
1,358
2,463
504
1992
05/08
35
Tucson, AZ
—
1,083
1,599
86
—
1,083
1,620
2,703
598
1992
05/08
35
Tucson, AZ
—
1,223
1,911
102
—
1,223
1,932
3,155
710
1996
05/08
35
Soldotna, AK
—
180
891
—
—
180
891
1,071
230
1985
07/14
25
Ashley Furniture:
Altamonte Springs, FL
—
2,906
4,877
517
—
2,906
5,394
8,300
3,015
1997
09/97
40
Florissant, MO
—
896
1,057
3,058
—
899
4,113
5,012
1,258
1996
04/03
(g)
40
Louisville, KY
—
1,667
4,989
—
—
1,667
4,989
6,656
1,970
2005
03/05
40
At Home:
Douglasville, GA
—
1,588
3,916
—
—
1,588
3,916
5,504
1,672
1987
06/12
20
Humble, TX
—
3,559
5,046
—
—
3,559
5,046
8,605
1,724
2001
06/12
25
Noblesville, IN
—
1,870
4,241
—
—
1,870
4,241
6,111
1,811
1995
06/12
20
Sandston, VA
—
1,972
6,599
—
—
1,972
6,599
8,571
2,255
1996
06/12
25
Greensboro, NC
—
2,121
6,460
—
—
2,121
6,460
8,581
1,732
1998
12/12
30
Greenville, SC
—
1,892
5,404
—
—
1,727
5,404
7,131
1,378
1996
08/14
25
Hilliard, OH
—
1,747
4,642
—
—
1,836
4,514
6,350
1,121
1994
10/14
25
San Antonio, TX
—
3,818
5,922
—
—
3,818
5,922
9,740
1,094
1999
06/15
30
See accompanying report of independent registered public accounting firm.
F-16
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Investment the Company has Invested in Under Operating Leases:
Colorado Springs, CO
—
3,173
6,928
—
—
3,173
6,928
10,101
427
1969
06/19
25
Kissimmee, FL
—
2,204
5,847
—
—
2,204
5,847
8,051
361
1992
06/19
25
O'Fallon, IL
—
2,160
7,484
—
—
2,160
7,484
9,644
461
1998
06/19
25
AT&T:
Cincinnati, OH
—
297
443
347
—
312
775
1,087
367
1999
06/98
40
Auto Solution:
Albuquerque, NM
—
1,113
—
1,443
—
1,113
1,443
2,556
555
2005
04/04
(f)
40
AutoZone:
Homestead, PA
—
500
—
105
—
605
(i)
605
(i)
(i)
02/97
(i)
Bandana's BBQ:
St. Peters, MO
—
318
640
—
—
318
640
958
150
1981
02/15
25
BankUnited:
Orlando, FL
—
257
287
—
—
257
72
329
23
1988
07/92
30
Barnes & Noble:
Brandon, FL
—
1,476
1,527
—
—
1,476
1,527
3,003
992
1995
08/94
(f)
40
Glendale, CO
—
3,245
2,722
—
—
3,245
2,722
5,967
1,786
1994
09/94
40
Plantation, FL
—
3,616
3,498
—
—
3,616
960
4,576
231
1996
05/95
(f)
30
Freehold, NJ
—
2,917
2,261
—
—
2,917
2,261
5,178
1,409
1995
01/96
40
Dayton, OH
—
1,413
3,325
—
—
1,413
3,325
4,738
1,949
1996
05/97
40
Redding, CA
—
497
1,626
—
—
497
1,626
2,123
957
1997
06/97
40
Memphis, TN
—
1,574
2,242
—
—
1,574
2,242
3,816
948
1997
09/97
40
Marlton, NJ
—
2,831
4,319
—
—
2,709
4,319
7,028
2,389
1995
11/98
40
Batteries Plus Bulbs:
Sunrise, FL
—
287
424
98
—
287
521
808
190
1979
05/04
40
Bay County Tax Collector:
Lynn Haven, FL
—
797
865
—
—
797
865
1,662
653
1974
06/13
10
See accompanying report of independent registered public accounting firm.
F-17
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Investment the Company has Invested in Under Operating Leases:
Bealls:
Sarasota, FL
—
1,078
1,795
143
—
1,131
1,886
3,017
815
1996
09/97
40
Beautiful America Dry Cleaners:
Orlando, FL
—
40
111
—
—
40
111
151
47
2001
02/04
40
Bed Bath & Beyond:
Glen Allen, VA
—
1,184
2,843
262
—
1,267
3,021
4,288
1,392
1997
06/98
40
Glendale, AZ
—
1,082
—
2,758
—
1,082
2,758
3,840
1,480
1999
12/98
(g)
40
Colonie, NY
—
3,119
4,130
600
—
3,119
4,730
7,849
899
1967
08/14
30
BEL Furniture:
Beaumont, TX
—
614
2,177
—
—
614
2,177
2,791
1,011
1992
09/11
20
Belle Tire:
Lansing, MI
—
983
2,969
—
—
983
2,969
3,952
210
2005
11/18
30
Lapeer, MI
—
588
2,980
—
—
588
2,980
3,568
181
2013
11/18
35
Michigan City, IN
—
665
4,537
—
—
665
4,537
5,202
275
2017
11/18
35
Midland, MI
—
308
3,538
—
—
308
3,538
3,846
251
2006
11/18
30
Mt. Pleasant, MI
—
308
3,740
—
—
308
3,740
4,048
227
2012
11/18
35
Muskegon, MI
—
733
3,114
—
—
733
3,114
3,847
189
2012
11/18
35
Northville, MI
—
905
5,448
—
—
905
5,448
6,353
331
2017
11/18
35
Gaylord, MI
—
580
2,049
—
—
580
2,049
2,629
115
2018
01/19
35
Camby, IN
—
860
—
2,264
—
860
2,264
3,124
87
2019
02/19
(m)
40
Columbus, IN
—
744
—
2,435
—
744
2,435
3,179
99
2019
02/19
(m)
40
Greenfield, IN
—
570
—
2,342
—
570
2,342
2,912
90
2019
02/19
(m)
40
Greenwood, IN
—
281
2,297
—
—
281
2,297
2,578
103
2019
03/19
40
Cumberland, IN
—
464
2,223
—
—
464
2,223
2,687
100
2019
03/19
40
Plainfield, IN
—
713
—
2,419
—
713
2,419
3,132
93
2019
03/19
(m)
40
Indianapolis, IN
—
513
—
2,489
—
513
2,489
3,002
86
2019
05/19
(m)
40
Whitestown, IN
—
912
—
3,340
—
912
3,340
4,252
108
2019
05/19
(m)
40
Bloomington, IN
—
883
—
2,657
—
883
2,657
3,540
86
2019
05/19
(m)
40
Lawrence, IN
—
463
—
2,790
—
463
2,790
3,253
84
2019
06/19
(m)
40
Merrillville, IN
—
793
—
3,048
—
793
3,048
3,841
98
2019
07/19
(m)
40
See accompanying report of independent registered public accounting firm.
F-18
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Investment the Company has Invested in Under Operating Leases:
Petoskey, MI
—
822
2,146
—
—
822
2,146
2,968
74
2019
08/19
40
Fishers, IN
—
777
—
2,546
—
777
2,546
3,323
45
2020
10/19
(m)
40
Brownsburg, IN
—
938
—
2,621
—
938
2,621
3,559
41
2020
10/19
(m)
40
Lafayette, IN
—
493
—
2,241
—
493
2,241
2,734
35
2020
11/19
(m)
40
Terre Haute, IN
—
838
—
2,519
—
838
2,519
3,357
39
2020
11/19
(m)
40
West Lafayette, IN
—
673
—
2,435
—
673
2,435
3,108
38
2020
11/19
(m)
40
Best Buy:
Brandon, FL
—
2,985
2,772
—
—
2,985
2,772
5,757
1,655
1996
02/97
40
Cuyahoga Falls, OH
—
3,709
2,359
—
—
3,703
2,359
6,062
1,389
1988
06/97
40
Rockville, MD
—
6,233
3,419
—
—
6,233
3,419
9,652
2,005
1995
07/97
40
Fairfax, VA
—
3,052
3,218
—
—
3,052
3,218
6,270
1,881
1995
08/97
40
St Petersburg, FL
—
4,032
2,611
—
—
4,032
2,611
6,643
1,386
1997
09/97
35
North Fayette, PA
—
2,331
2,293
—
—
2,331
2,293
4,624
1,292
1997
06/98
40
Denver, CO
—
8,882
4,373
—
—
8,882
4,373
13,255
2,136
1991
06/01
40
Albuquerque, NM
—
2,157
3,132
—
—
2,157
3,132
5,289
1,164
1992
09/11
25
Arlington, TX
—
1,372
3,890
—
—
1,372
3,890
5,262
1,446
1991
09/11
25
Fort Collins, CO
—
2,054
3,346
—
—
2,054
3,346
5,400
1,244
1992
09/11
25
Houston, TX
—
1,409
3,095
—
—
1,301
3,003
4,304
930
1992
09/11
30
Nashua, NH
—
1,028
7,052
—
—
1,028
7,052
8,080
2,184
1999
09/11
30
North Attleborough, MA
—
2,761
4,165
—
—
2,761
4,165
6,926
1,290
1999
09/11
30
Schaumburg, IL
—
3,170
4,784
—
—
3,170
4,784
7,954
2,223
1965
09/11
20
Virginia Beach, VA
—
3,140
4,276
—
—
3,140
4,276
7,416
1,324
1999
09/11
30
Big Lots:
Dover, NJ
—
1,138
3,238
732
—
1,138
3,970
5,108
2,029
1995
11/98
40
Florence, AL
—
1,034
—
5,579
—
851
5,579
6,430
941
2012
06/04
(m)
40
Webster Groves, MO
—
1,061
1,467
—
—
1,061
1,467
2,528
265
1970
04/18
15
Big Sky Mattress:
Helena, MT
—
658
1,568
—
—
658
1,568
2,226
214
2015
03/15
40
Bishop Family Insurance Agency:
Spotsylvania, VA
—
1,398
1,158
11
—
288
210
498
200
1964
06/13
35
See accompanying report of independent registered public accounting firm.
F-19
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Investment the Company has Invested in Under Operating Leases:
BJ's Wholesale Club:
Orlando, FL
—
3,271
8,627
357
—
3,264
8,963
12,227
3,788
2001
02/04
40
Fairfax, VA
—
6,792
14,941
—
—
6,706
14,941
21,647
4,628
1992
09/11
30
Hamilton, NJ
—
3,166
29,373
—
—
3,166
29,373
32,539
7,798
2002
09/11
35
Hialeah, FL
—
4,792
14,067
—
—
4,792
14,067
18,859
4,357
2000
09/11
30
Roxbury, NJ
—
3,040
16,168
—
—
3,040
16,168
19,208
6,009
1993
09/11
25
W. Hartford, CT
—
2,846
14,299
—
—
2,846
14,299
17,145
4,429
1996
09/11
30
Cape Coral, FL
—
2,783
13,710
—
—
2,783
13,710
16,493
2,190
2005
03/16
30
Voorhees, NJ
—
3,103
14,055
—
—
3,103
14,055
17,158
2,206
2004
04/16
30
Manchester, NH
—
5,009
14,053
—
—
5,009
14,053
19,062
1,308
1990
03/18
30
Auburn, MA
—
3,371
9,718
—
—
3,371
9,718
13,089
502
1992
09/19
25
Stoughton, MA
—
5,251
10,735
—
—
5,251
10,735
15,986
555
1991
09/19
25
Black Rock Grill:
Tampa, FL
—
688
2,357
—
—
688
2,357
3,045
540
2003
02/14
30
Blue Beacon Truck Wash:
Tulsa, OK
—
1,225
650
—
—
1,225
650
1,875
337
1990
06/05
30
BMW:
Duluth, GA
—
4,434
4,080
6,559
—
4,504
10,639
15,143
4,096
1984
12/01
40
Bob Evans:
Amherst, NY
—
422
971
—
—
422
971
1,393
152
1994
04/16
30
Ashland, KY
—
383
913
—
—
383
913
1,296
143
2003
04/16
30
Baltimore, MD
—
1,138
196
—
—
1,138
196
1,334
31
1993
04/16
30
Batavia, NY
—
599
657
—
—
599
657
1,256
103
1996
04/16
30
Beachwood, OH
—
542
108
—
—
542
108
650
17
2004
04/16
30
Beavercreek, OH
—
570
334
—
—
570
334
904
52
2003
04/16
30
Beckley, WV
—
579
824
—
—
579
824
1,403
131
1992
04/16
30
Bel Air, MD
—
911
1,147
—
—
911
1,147
2,058
180
1995
04/16
30
Benton Harbor, MI
—
157
1,079
—
—
157
1,079
1,236
169
1989
04/16
30
Blue Springs, MO
—
550
462
—
—
550
462
1,012
72
1996
04/16
30
See accompanying report of independent registered public accounting firm.
F-20
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Investment the Company has Invested in Under Operating Leases:
Brook Park, OH
—
570
570
—
—
570
570
1,140
89
2002
04/16
30
Camby, IN
—
510
932
—
—
510
932
1,442
146
2002
04/16
30
Canton, MI
—
804
589
—
—
804
589
1,393
92
2003
04/16
30
Canton, MI
—
776
167
—
—
776
167
943
26
2002
04/16
30
Chesterfield Twp, MI
—
746
491
—
—
746
491
1,237
77
2003
04/16
30
Chillicothe, OH
—
334
727
—
—
266
702
968
110
1995
04/16
30
Cincinnati, OH
—
500
1,323
—
—
500
1,323
1,823
208
1999
04/16
30
Cincinnati, OH
—
482
295
—
—
480
295
775
46
1997
04/16
30
Clarksville, IN
—
726
794
—
—
726
794
1,520
125
2000
04/16
30
Clearwater, FL
—
520
648
—
—
520
648
1,168
122
1986
04/16
25
Clermont, FL
—
1,011
49
—
—
1,011
49
1,060
8
2006
04/16
30
Coldwater, MI
—
324
1,020
—
—
324
1,020
1,344
192
1995
04/16
25
Columbia, MO
—
491
521
—
—
491
521
1,012
82
1997
04/16
30
Columbus, IN
—
696
1,117
—
—
696
1,117
1,813
150
2005
04/16
35
Columbus, OH
—
647
1,010
—
—
647
1,010
1,657
158
1994
04/16
30
Columbus, OH
—
432
961
—
—
432
961
1,393
181
1985
04/16
25
Corning, NY
—
196
1,412
—
—
196
1,412
1,608
222
1996
04/16
30
Cross Lanes, WV
—
354
600
—
—
354
600
954
113
1987
04/16
25
Dearborn, MI
—
560
579
—
—
560
579
1,139
109
1984
04/16
25
Dublin, OH
—
804
559
—
—
804
559
1,363
88
1996
04/16
30
Dublin, OH
—
697
677
—
—
697
677
1,374
128
1985
04/16
25
Dunkirk, NY
—
392
1,353
—
—
392
1,353
1,745
212
1994
04/16
30
Erie, PA
—
451
765
—
—
451
765
1,216
120
1998
04/16
30
Erie, PA
—
941
902
—
—
941
902
1,843
170
1990
04/16
25
Fairfield, OH
—
138
776
—
—
138
776
914
122
1999
04/16
30
Fayetteville, WV
—
392
1,285
—
—
392
1,285
1,677
202
2006
04/16
30
Festus, MO
—
451
1,020
—
—
451
1,020
1,471
192
1990
04/16
25
Fort Wayne, IN
—
765
716
—
—
736
716
1,452
112
2003
04/16
30
Fort Wayne, IN
—
795
451
—
—
795
451
1,246
71
1997
04/16
30
Franklin, IN
—
245
1,011
—
—
245
1,011
1,256
159
2003
04/16
30
Frederick, MD
—
491
491
—
—
491
491
982
77
1995
04/16
30
Gahanna, OH
—
755
1,176
—
—
755
1,176
1,931
185
1994
04/16
30
Gaylord, MI
—
618
922
—
—
618
922
1,540
145
1997
04/16
30
Greenfield, IN
—
246
766
—
—
246
766
1,012
120
1994
04/16
30
See accompanying report of independent registered public accounting firm.
F-21
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Investment the Company has Invested in Under Operating Leases:
Greenwood, IN
—
481
883
—
—
481
883
1,364
139
2002
04/16
30
Groveport, OH
—
549
1,078
—
—
549
1,078
1,627
169
2003
04/16
30
Harborcreek, PA
—
510
609
—
—
510
609
1,119
96
2004
04/16
30
Heath, OH
—
363
1,323
—
—
363
1,323
1,686
249
1986
04/16
25
Hillsboro, OH
—
245
1,285
—
—
245
1,285
1,530
202
2004
04/16
30
Holland, OH
—
804
843
—
—
804
843
1,647
159
1987
04/16
25
Indianapolis, IN
—
559
1,088
—
—
559
1,088
1,647
171
2001
04/16
30
Indianapolis, IN
—
765
765
—
—
765
765
1,530
144
1985
04/16
25
Indianapolis, IN
—
569
1,157
—
—
569
1,157
1,726
182
2000
04/16
30
Jackson, MI
—
608
1,029
—
—
608
1,029
1,637
162
2002
04/16
30
Jacksonville, FL
—
696
696
—
—
696
696
1,392
109
2002
04/16
30
Jamestown, NY
—
334
697
—
—
334
697
1,031
109
1995
04/16
30
Lakeland, FL
—
618
540
—
—
618
540
1,158
85
2005
04/16
30
Lancaster, PA
—
647
687
—
—
647
687
1,334
108
1997
04/16
30
Lansing, MI
—
588
873
—
—
588
873
1,461
137
2001
04/16
30
Laurel, MD
—
716
990
—
—
716
990
1,706
155
1998
04/16
30
Lewis Center, OH
—
608
1,049
—
—
608
1,049
1,657
165
2001
04/16
30
Lewisburg, WV
—
354
619
—
—
354
619
973
97
2003
04/16
30
Lexington, KY
—
432
619
—
—
432
619
1,051
97
2001
04/16
30
Linthicum Heights, MD
—
687
755
—
—
687
755
1,442
119
2004
04/16
30
Livonia, MI
—
716
755
—
—
716
755
1,471
142
1982
04/16
25
Logan, WV
—
314
1,285
—
—
314
1,285
1,599
202
1999
04/16
30
Logansport, IN
—
118
1,148
—
—
118
1,148
1,266
180
1994
04/16
30
London, OH
—
235
1,060
—
—
235
1,060
1,295
166
2004
04/16
30
Louisville, KY
—
815
432
—
—
815
432
1,247
68
2003
04/16
30
Madison Heights, MI
—
599
667
—
—
599
667
1,266
105
2000
04/16
30
Mansfield, OH
—
275
1,069
—
—
275
1,069
1,344
168
2005
04/16
30
Marion, IL
—
344
658
—
—
344
658
1,002
103
1997
04/16
30
Marion, IN
—
443
364
—
—
443
364
807
57
1996
04/16
30
Martinsburg, WV
—
815
491
—
—
815
491
1,306
77
1992
04/16
30
Maumee, OH
—
766
295
—
—
766
295
1,061
46
2000
04/16
30
Medina, OH
—
402
922
—
—
402
922
1,324
174
1988
04/16
25
Mentor, OH
—
667
1,039
—
—
667
1,039
1,706
163
1995
04/16
30
Merrillville, IN
—
942
422
—
—
942
422
1,364
66
2004
04/16
30
Moon Township, PA
—
452
521
—
—
452
521
973
98
1984
04/16
25
See accompanying report of independent registered public accounting firm.
F-22
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Investment the Company has Invested in Under Operating Leases:
Morgantown, WV
—
1,000
990
—
—
1,000
990
1,990
155
1992
04/16
30
New Albany, OH
—
539
1,431
—
—
539
1,431
1,970
225
2002
04/16
30
New Castle, PA
—
461
912
—
—
461
912
1,373
143
2005
04/16
30
Ocala, FL
—
853
706
—
—
853
706
1,559
111
2005
04/16
30
Ocala, FL
—
608
1,137
—
—
608
1,137
1,745
178
2000
04/16
30
Oxford, OH
—
294
1,216
—
—
294
1,216
1,510
191
1994
04/16
30
Perrysburg, OH
—
559
990
—
—
559
990
1,549
187
1984
04/16
25
Perrysburg, OH
—
795
363
—
—
795
363
1,158
57
2001
04/16
30
Pickerington, OH
—
519
1,509
—
—
519
1,509
2,028
237
1999
04/16
30
Pittsburgh, PA
—
491
687
—
—
491
687
1,178
129
1985
04/16
25
Port Orange, FL
—
648
491
—
—
648
491
1,139
77
2002
04/16
30
Powell, OH
—
824
706
—
—
824
706
1,530
111
2004
04/16
30
Princeton, WV
—
363
1,255
—
—
363
1,255
1,618
197
1998
04/16
30
Richmond, IN
—
363
1,001
—
—
363
1,001
1,364
135
2003
04/16
35
Rio Grande, OH
—
314
1,333
—
—
314
1,333
1,647
251
1962
04/16
25
Romulus, MI
—
902
628
—
—
902
628
1,530
118
1988
04/16
25
Saginaw, MI
—
648
481
—
—
648
481
1,129
91
1987
04/16
25
Salisbury, MD
—
913
471
—
—
913
471
1,384
74
1997
04/16
30
Somerset, KY
—
245
1,295
—
—
245
1,295
1,540
203
1995
04/16
30
South Bloomfield, OH
—
177
1,236
—
—
177
1,236
1,413
194
2005
04/16
30
South Euclid, OH
—
216
933
—
—
216
933
1,149
125
2012
04/16
35
St. Louis, MO
—
697
589
—
—
697
589
1,286
111
1986
04/16
25
St. Petersburg, FL
—
727
324
—
—
727
324
1,051
61
1986
04/16
25
Stafford, VA
—
764
1,225
—
—
764
1,225
1,989
192
2004
04/16
30
Toledo, OH
—
745
1,225
—
—
745
1,225
1,970
231
1990
04/16
25
Waldorf, MD
—
844
657
—
—
844
657
1,501
103
2004
04/16
30
Washington C H, OH
—
304
923
—
—
304
923
1,227
145
1993
04/16
30
Washington, PA
—
579
501
—
—
579
501
1,080
79
2003
04/16
30
Watertown, NY
—
196
1,461
—
—
196
1,461
1,657
229
1996
04/16
30
Waverly, OH
—
226
1,226
—
—
226
1,226
1,452
192
1995
04/16
30
West Chester, OH
—
765
706
—
—
765
706
1,471
111
1999
04/16
30
Wilmington, OH
—
216
1,392
—
—
216
1,392
1,608
219
1993
04/16
30
Woodhaven, MI
—
511
599
—
—
511
599
1,110
94
2000
04/16
30
Wooster, OH
—
216
1,109
—
—
216
1,109
1,325
174
1995
04/16
30
Zanesville, OH
—
314
1,333
—
—
314
1,333
1,647
209
2000
04/16
30
See accompanying report of independent registered public accounting firm.
F-23
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Investment the Company has Invested in Under Operating Leases:
Zanesville, OH
—
363
746
—
—
363
746
1,109
117
2003
04/16
30
Bob's Discount Furniture:
Merrillville, IN
—
981
—
7,285
—
981
7,285
8,266
842
2016
09/15
(m)
40
North Olmsted, OH
—
1,613
4,549
1,833
—
1,613
6,382
7,995
805
1983
08/16
40
Wharton, NJ
—
1,894
4,899
—
—
1,894
4,899
6,793
592
1981
05/17
30
Madison, WI
—
686
2,723
—
—
686
2,723
3,409
177
1997
05/19
25
Bombones Sports Bar:
Dallas, TX
—
1,138
1,025
370
—
1,138
936
2,074
482
1994
12/01
40
Bonefish:
Mobile, AL
—
801
2,137
—
—
801
2,137
2,938
537
2006
03/12
35
Books-A-Million:
Newark, DE
—
2,394
4,789
33
—
2,366
4,822
7,188
3,124
1994
12/94
40
Bangor, ME
—
1,547
2,487
—
—
1,547
2,487
4,034
1,525
1996
06/96
40
Boot Barn:
Lake Charles, LA
—
652
1,734
—
—
652
1,734
2,386
257
1998
04/17
25
Mesquite, TX
—
1,375
3,849
—
—
1,375
3,849
5,224
276
1981
03/19
25
Boston Market:
North Olmsted, OH
—
602
461
—
—
602
389
991
186
1996
12/01
40
Novi, MI
—
836
651
—
—
836
298
1,134
145
1995
12/01
40
BP:
Jeannette, PA
—
79
235
—
—
79
235
314
61
1995
07/14
25
Brasao Brazilian Steak House:
Irving, TX
—
1,760
1,724
—
—
1,760
1,724
3,484
821
2000
12/01
40
Buck's:
St. Louis, MO
—
776
—
3,822
—
776
3,822
4,598
1,119
2009
12/07
(o)
40
See accompanying report of independent registered public accounting firm.
F-24
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Investment the Company has Invested in Under Operating Leases:
Glendale Heights, IL
—
1,662
—
3,101
—
1,662
3,101
4,763
384
2016
03/14
(m)
40
Omaha, NE
—
2,662
—
3,356
—
2,662
3,356
6,018
402
2016
05/15
(m)
40
Council Bluffs, IA
—
374
2,187
386
—
376
2,573
2,949
466
2015
06/15
(m)
30
Buffalo Wild Wings:
Michigan City, IN
—
163
492
—
—
163
492
655
234
1996
12/01
40
Burger King:
Clifton Park, NY
—
199
1,639
—
—
199
1,639
1,838
275
2004
02/15
35
Colorado Springs, CO
—
638
1,047
—
—
638
1,047
1,685
246
1978
02/15
25
Durham, NC
—
604
581
—
—
604
581
1,185
114
2005
02/15
30
Durham, NC
—
566
555
—
—
566
555
1,121
109
1998
02/15
30
Farmington, ME
—
461
708
—
—
461
708
1,169
139
1980
02/15
30
Yakima, WA
—
596
1,110
—
—
596
1,110
1,706
217
1979
02/15
30
Fairfield, OH
—
382
1,146
350
—
382
1,496
1,878
204
1984
03/15
35
Burlington Coat Factory:
Lacey, WA
—
2,777
7,082
3,617
—
2,777
10,700
13,477
5,139
1992
02/97
40
Chesterfield, MO
—
2,742
6,469
147
—
2,742
6,616
9,358
904
2015
04/15
40
C&C Gymnastics:
Augusta, GA
—
177
674
—
—
177
674
851
321
1998
12/01
40
Caliber Collision:
Alvin, TX
—
400
712
—
—
400
712
1,112
352
1984
02/11
20
Galveston, TX
—
361
789
—
—
361
789
1,150
390
1965
02/11
20
Houston, TX
—
348
1,731
—
—
348
1,731
2,079
684
1987
02/11
25
Copperas Cove, TX
—
269
1,436
—
—
269
1,436
1,705
368
1972
01/12
35
Killeen, TX
—
408
2,171
—
—
408
2,171
2,579
778
1986
01/12
25
Austin, TX
—
1,071
3,412
—
—
1,071
3,412
4,483
1,211
1975
02/12
25
Gilbert, AZ
—
474
1,543
—
—
474
1,543
2,017
444
2003
05/12
30
Spring, TX
—
913
2,307
—
—
913
2,307
3,220
657
2006
06/12
30
See accompanying report of independent registered public accounting firm.
F-25
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Investment the Company has Invested in Under Operating Leases:
Tomball, TX
—
414
1,281
—
—
414
1,281
1,695
313
2009
06/12
35
Edmond, OK
—
472
1,437
—
—
472
1,437
1,909
373
1964
03/13
30
Duluth, GA
—
855
2,791
—
—
853
2,791
3,644
415
1996
07/16
30
San Antonio, TX
—
717
2,768
—
—
717
2,768
3,485
494
1984
07/16
25
Naperville, IL
—
305
1,145
—
—
305
1,145
1,450
101
1993
10/18
25
Naperville, IL
—
211
1,163
—
—
211
1,163
1,374
128
1985
10/18
20
Schiller Park, IL
—
439
2,374
—
—
439
2,374
2,813
262
1970
10/18
20
Mansfield, TX
—
499
3,454
—
—
499
3,454
3,953
169
2018
01/19
40
Turnersville, NJ
—
936
3,988
—
—
936
3,988
4,924
260
1988
01/19
30
Rockford, IL
—
333
1,937
—
—
333
1,937
2,270
145
1998
02/19
25
Pembroke Pines, FL
—
1,637
3,480
—
—
1,637
3,480
5,117
156
2018
03/19
40
Altamonte Springs, FL
—
875
4,124
—
—
875
4,124
4,999
185
2019
03/19
40
Huntersville, NC
—
1,414
3,154
—
—
1,414
3,154
4,568
122
2019
06/19
40
Arlington, TN
—
644
3,689
—
—
644
3,689
4,333
88
2019
01/20
40
Jackson, TN
—
247
3,317
—
—
247
3,317
3,564
73
2019
02/20
40
Muncie, IN
—
779
3,000
—
—
779
3,000
3,779
79
1998
03/20
30
Camping World:
Vacaville, CA
—
2,467
6,575
—
—
2,467
6,575
9,042
1,965
2008
07/10
35
North Little Rock, AR
—
1,198
3,348
5,343
—
1,789
8,110
9,899
1,544
2007
09/10
(m)
35
Strafford, MO
—
1,278
3,694
2,099
—
1,846
5,225
7,071
1,354
2007
09/10
(o)
35
Avondale, AZ
—
1,976
3,040
3,200
—
1,976
6,239
8,215
1,569
2009
05/11
(o)
35
Mesa, AZ
—
3,972
2,046
981
—
3,975
3,027
7,002
1,125
1983
05/11
25
Bowling Green, KY
—
584
2,481
—
—
584
2,481
3,065
670
2007
07/11
35
Council Bluffs, IA
—
2,013
2,806
2,187
—
2,955
4,048
7,003
908
2008
07/11
(o)
35
Roanoke, VA
—
2,046
5,050
2,590
—
3,563
6,122
9,685
1,494
2008
07/11
35
Golden, CO
—
5,516
—
8,175
—
6,446
7,246
13,692
1,516
2012
10/11
(m)
40
Kissimmee, FL
—
1,578
2,783
—
—
1,578
2,783
4,361
1,007
1979
12/11
25
La Mirada, CA
—
3,593
911
—
—
3,577
907
4,484
273
1996
12/11
30
Nashville, TN
—
1,155
1,034
5,665
—
3,626
4,235
7,861
1,037
1985
12/11
(o)
40
Valencia, CA
—
4,788
4,191
—
—
4,766
4,179
8,945
1,511
1980
12/11
25
Calera, AL
—
1,204
3,075
—
—
1,204
3,075
4,279
772
2008
03/12
35
Cocoa, FL
—
1,194
1,876
—
—
1,194
1,876
3,070
529
1981
07/12
30
Dover, FL
—
2,431
9,658
3,047
—
5,478
9,658
15,136
2,120
2013
01/13
35
See accompanying report of independent registered public accounting firm.
F-26
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Investment the Company has Invested in Under Operating Leases:
Grain Valley, MO
—
1,210
2,908
3,441
—
2,533
5,026
7,559
883
2003
09/13
(o)
35
Lubbock, TX
—
775
3,998
—
—
775
3,998
4,773
972
1997
09/13
30
Olive Branch, MS
—
3,163
—
3,836
—
3,163
3,836
6,999
619
2014
11/13
(m)
40
Cedar Falls, IA
—
1,924
3,810
1,158
—
1,924
4,968
6,892
1,080
2004
03/14
(o)
30
Akron, OH
—
1,221
7,868
—
—
1,221
7,868
9,089
1,823
1991
03/15
25
Anniston, AL
—
3,206
5,328
1,264
—
3,206
6,594
9,800
1,238
2007
03/15
(o)
30
Richmond, IN
—
1,096
1,424
3,104
—
2,062
3,562
5,624
581
1998
03/15
(o)
35
Marion, NC
—
1,712
5,317
—
—
1,712
5,317
7,029
1,178
2003
06/15
25
Syracuse, NY
—
1,070
8,573
—
—
1,070
8,573
9,643
1,584
2001
06/15
30
Jackson, MS
—
1,690
4,241
—
—
1,690
4,241
5,931
570
2015
08/15
40
Davenport, IA
—
1,535
4,498
—
—
1,535
4,498
6,033
544
1992
05/17
30
Thornburg, VA
—
1,698
3,860
—
—
1,698
3,860
5,558
560
1989
05/17
25
Anderson, CA
—
763
2,450
—
—
763
2,450
3,213
167
2004
12/18
30
Apollo, PA
—
303
2,324
—
—
303
2,324
2,627
136
2015
12/18
35
Bartow, FL
—
1,005
4,573
—
—
1,005
4,573
5,578
311
2001
12/18
30
Dothan, AL
—
1,245
3,337
—
—
1,245
3,337
4,582
273
1991
12/18
25
Greenwood, IN
—
2,170
4,323
—
—
2,170
4,323
6,493
353
1990
12/18
25
Lubbock, TX
—
512
1,314
—
—
512
1,314
1,826
107
1985
12/18
25
Newport News, VA
—
2,697
4,342
—
—
2,697
4,342
7,039
296
2004
12/18
30
Oklahoma City, OK
—
635
4,378
—
—
635
4,378
5,013
298
2012
12/18
30
Alvarado, TX
—
688
11,899
—
—
688
11,899
12,587
730
2008
02/19
30
Pasco, WA
—
1,708
6,321
—
—
1,708
6,321
8,029
248
2017
08/19
35
Captain D's:
Tupelo, MS
—
360
517
—
—
360
517
877
101
1999
02/15
30
Ft. Worth, TX
—
254
563
—
—
254
563
817
163
1982
03/15
20
Kingsland, GA
—
570
—
844
—
570
844
1,414
105
2015
09/15
(m)
40
Dothan, AL
—
159
1,075
—
—
159
1,075
1,234
181
1985
12/15
30
Boiling Springs, SC (n)
—
214
—
1,181
—
214
1,181
1,395
142
2003
02/16
(o)
40
Hermitage, TN
—
546
348
—
—
546
348
894
65
1976
04/16
25
Easley, SC
—
690
—
794
—
690
794
1,484
82
2016
06/16
(m)
40
Augusta, GA
—
288
268
—
—
288
268
556
45
1985
10/16
25
Augusta, GA
—
227
1,136
—
—
227
1,136
1,363
191
1993
10/16
25
Augusta, GA
—
573
869
—
—
573
869
1,442
146
1986
10/16
25
Augusta, GA
—
296
1,274
—
—
296
1,274
1,570
153
2014
10/16
35
See accompanying report of independent registered public accounting firm.
F-27
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Investment the Company has Invested in Under Operating Leases:
Eastman, GA
—
228
693
—
—
228
693
921
117
1987
10/16
25
Fort Valley, GA
—
208
841
—
—
208
841
1,049
88
1987
10/16
40
Macon, GA
—
237
1,303
—
—
237
1,303
1,540
219
1982
10/16
25
Perry, GA
—
247
1,353
—
—
247
1,353
1,600
228
1972
10/16
25
Baton Rouge, LA
—
890
—
864
—
890
864
1,754
77
2017
12/16
40
Columbia, SC
—
252
756
—
—
252
756
1,008
120
1976
01/17
25
Canton, GA
—
456
753
—
—
456
753
1,209
114
1984
03/17
25
Milwaukee, WI
—
300
—
938
—
300
938
1,238
90
1977
03/17
(o)
30
Lugoff, SC
—
255
963
—
—
255
963
1,218
119
2003
04/17
30
North Augusta, SC
—
265
1,060
—
—
265
1,060
1,325
131
1993
04/17
30
Orangeburg, SC
—
343
1,588
—
—
343
1,588
1,931
236
1988
04/17
25
Sumter, SC
—
403
717
—
—
403
717
1,120
89
2006
04/17
30
Crestview, FL
—
383
874
—
—
383
874
1,257
118
1989
08/17
25
Milwaukee, WI
—
347
—
924
—
347
924
1,271
28
2019
03/19
(m)
40
Moultrie, GA
—
99
1,104
—
—
99
1,104
1,203
63
1987
04/19
30
Thomasville, GA
—
246
1,064
—
—
246
1,064
1,310
73
1977
04/19
25
Dade City, FL
—
335
974
—
—
335
974
1,309
53
1983
05/19
30
Pell City, AL
—
181
682
—
—
181
682
863
26
1994
11/19
30
Oxford, AL
—
175
797
—
—
175
797
972
25
1990
03/20
25
Cardenas Markets:
Palo Alto, CA
—
2,272
3,405
28
—
2,272
3,433
5,705
1,865
1998
12/98
(f)
40
Carl's Jr.:
Spokane, WA
—
471
530
—
—
471
530
1,001
252
1996
12/01
40
Tucson, AZ
—
681
536
103
—
681
639
1,320
639
1988
06/05
10
CarQuest:
Anaconda, MT
—
35
307
—
—
35
307
342
154
1965
12/10
20
Baker, MT
—
12
140
—
—
12
140
152
70
1965
12/10
20
Bakersfield, CA
—
77
484
—
—
32
484
516
243
1945
12/10
20
Bay City, MI
—
41
282
—
—
41
282
323
113
1989
12/10
25
Billings, MT
—
31
188
—
—
31
188
219
75
1970
12/10
25
Burlington, NC (n)
—
47
229
—
—
47
229
276
77
1994
12/10
30
Cody, WY
—
146
253
—
—
96
253
349
85
1999
12/10
30
See accompanying report of independent registered public accounting firm.
F-28
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Investment the Company has Invested in Under Operating Leases:
Colstrip, MT
—
39
275
—
—
39
275
314
110
1981
12/10
25
Cut Bank, MT
—
9
115
—
—
9
115
124
58
1937
12/10
20
Dillon, MT (n)
—
24
204
—
—
24
204
228
103
1973
12/10
20
Enterprise, AL
—
25
184
—
—
25
184
209
74
1988
12/10
25
Fairbanks, AK
—
292
545
—
—
292
545
837
156
2003
12/10
35
Glasgow, MT
—
48
275
—
—
48
275
323
138
1972
12/10
20
Great Falls, MT
—
17
173
—
—
17
173
190
87
1967
12/10
20
Hamilton, MT (n)
—
24
242
—
—
24
242
266
97
1991
12/10
25
Harlem, MT
—
17
116
—
—
17
116
133
47
1983
12/10
25
Helena, MT
—
31
282
—
—
31
282
313
113
1987
12/10
25
Kalispell, MT
—
59
645
—
—
59
645
704
216
1998
12/10
30
Lafayette, LA (n)
—
51
357
—
—
51
357
408
120
1996
12/10
30
Lewistown, MT
—
19
180
—
—
19
180
199
72
1964
12/10
25
Livingston, MT
—
34
261
—
—
34
261
295
131
1976
12/10
20
Lufkin, TX (n)
—
94
229
—
—
94
229
323
115
1986
12/10
20
Malta, MT
—
19
181
—
—
19
181
200
73
1976
12/10
25
Memphis, TN
—
38
199
—
—
38
199
237
80
1987
12/10
25
Metamora, IL
—
69
292
—
—
69
292
361
98
1996
12/10
30
Nicholasville, KY (n)
—
54
241
—
—
54
241
295
97
1988
12/10
25
Overland, MO
—
68
370
—
—
68
370
438
186
1961
12/10
20
Owosso, MI (n)
—
50
264
—
—
50
264
314
106
1986
12/10
25
Pearl, MS
—
43
195
—
—
43
195
238
65
1989
12/10
30
Powell, WY
—
37
182
—
—
37
182
219
73
1978
12/10
25
Riverton, WY
—
99
300
—
—
99
300
399
121
1978
12/10
25
Roundup, MT
—
23
205
—
—
23
205
228
103
1972
12/10
20
Sheboygan, WI (n)
—
77
370
—
—
77
370
447
106
2007
12/10
35
Shelby, MT
—
20
208
—
—
20
208
228
104
1976
12/10
20
Sidney, MT
—
42
395
—
—
42
395
437
198
1962
12/10
20
Spartanburg, SC
—
53
252
—
—
53
252
305
101
1972
12/10
25
Sulphur, LA (n)
—
31
216
—
—
31
216
247
109
1984
12/10
20
Wasilla, AK
—
227
504
—
—
227
504
731
145
2002
12/10
35
Whitefish, MT
—
30
227
—
—
30
227
257
76
1993
12/10
30
Williston, ND (n)
—
35
297
—
—
35
297
332
100
1999
12/10
30
Billings, MT
—
66
291
—
—
66
291
357
110
1994
07/11
25
Spokane, WA
—
75
56
—
—
75
56
131
27
1955
07/11
20
See accompanying report of independent registered public accounting firm.
F-29
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Investment the Company has Invested in Under Operating Leases:
Missoula, MT
—
99
367
—
—
99
367
466
167
1965
11/11
20
Sheridan, WY
—
198
385
—
—
198
385
583
176
1980
11/11
20
Sauk Centre, MN
—
64
85
—
—
64
85
149
31
1958
11/11
25
Watford City, ND
—
31
124
—
—
31
124
155
45
1974
11/11
25
Worland, WY (n)
—
48
193
—
—
48
193
241
84
1949
04/12
20
Anchorage, AK
—
315
92
—
—
315
92
407
39
1971
06/12
20
Havre, MT
—
29
305
—
—
29
305
334
130
1964
06/12
20
San Antonio, TX
—
137
361
—
—
137
361
498
138
1980
05/13
20
San Antonio, TX
—
87
719
—
—
87
719
806
219
1973
05/13
25
Jackson, MS
—
253
—
604
—
253
604
857
106
2013
06/13
40
Carrabba's:
Canton, MI
—
685
1,687
—
—
685
1,687
2,372
494
2002
03/12
30
Dallas, TX
—
672
1,078
—
—
672
1,078
1,750
316
2000
03/12
30
Gainesville, FL
—
922
1,944
—
—
922
1,944
2,866
570
2001
03/12
30
Jacksonville, FL
—
1,140
1,428
—
—
1,140
1,428
2,568
418
2001
03/12
30
Mason, OH
—
653
2,267
—
—
653
2,267
2,920
664
2000
03/12
30
Maumee, OH
—
525
2,684
—
—
525
2,684
3,209
787
2002
03/12
30
Mobile, AL
—
633
1,909
—
—
633
1,909
2,542
559
2001
03/12
30
Pensacola, FL
—
734
1,854
—
—
734
1,854
2,588
466
2003
03/12
35
Waldorf, MD
—
1,473
2,199
—
—
1,473
2,199
3,672
552
2007
03/12
35
Carvana:
Austin, TX
—
1,045
1,969
—
—
1,045
1,969
3,014
183
2017
04/17
40
Carvers:
Centerville, OH
—
851
1,059
—
—
851
1,059
1,910
504
1986
12/01
40
Chair King:
Grapevine, TX
—
1,018
2,067
377
—
1,018
2,444
3,462
1,267
1998
06/98
40
See accompanying report of independent registered public accounting firm.
F-30
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Investment the Company has Invested in Under Operating Leases:
Charleston Auto Auction:
Moncks Corner, SC
—
1,628
5,911
471
—
1,628
6,383
8,011
1,108
2000
09/15
(o)
30
Cheddar's Cafe:
Baytown, TX
—
858
2,251
—
—
858
2,251
3,109
565
2010
12/10
40
West Monroe, LA
—
907
2,301
—
—
907
2,301
3,208
573
2010
01/11
40
Selma, TX
—
1,446
—
2,439
—
1,446
2,439
3,885
567
2011
03/11
(m)
40
Jonesboro, AR
—
1,206
—
2,459
—
1,206
2,459
3,665
561
2011
05/11
(m)
40
Hattiesburg, MS (n)
—
1,203
—
—
—
1,196
(i)
1,196
(i)
(i)
11/11
(i)
Pleasant Prairie, WI
—
1,310
—
2,779
—
1,310
2,779
4,089
501
2013
04/13
(m)
40
Liberty, MO
—
1,313
—
3,140
—
1,313
3,140
4,453
546
2014
07/13
(m)
40
Alcoa, TN
—
1,537
3,003
—
—
1,537
3,003
4,540
304
2010
06/17
35
Asheville, NC
—
1,540
2,785
—
—
1,540
2,785
4,325
329
2006
06/17
30
Charlotte, NC
—
1,326
2,795
—
—
1,326
2,795
4,121
330
2004
06/17
30
Cordova, TN
—
1,869
2,411
—
—
1,869
2,411
4,280
244
2013
06/17
35
Knoxville, TN
—
1,444
3,086
—
—
1,444
3,086
4,530
312
2011
06/17
35
Morgantown, WV
—
1,530
2,966
—
—
1,530
2,966
4,496
300
2011
06/17
35
Triadelphia, WV
—
1,200
3,449
—
—
1,200
3,449
4,649
349
2008
06/17
35
Chili's:
Camden, SC
—
627
1,888
—
—
627
1,888
2,515
722
2005
09/05
40
Milledgeville, GA
—
516
1,997
—
—
516
1,997
2,513
763
2005
09/05
40
Albany, GA
—
615
—
1,984
—
615
1,984
2,599
655
2007
06/07
(m)
40
Statesboro, GA
—
703
—
1,888
—
703
1,888
2,591
619
2007
06/07
(m)
40
Florence, SC
—
889
1,715
—
—
889
1,715
2,604
581
2007
06/07
40
Valdosta, GA
—
716
—
1,871
—
716
1,871
2,587
610
2007
07/07
(m)
40
Tifton, GA
—
454
1,550
—
—
454
1,550
2,004
473
2008
06/08
40
Evans, GA
—
700
—
1,511
—
685
1,511
2,196
449
2009
10/08
(m)
40
Jefferson City, MO
—
305
898
—
—
305
898
1,203
283
2003
12/09
35
Merriam, KS
—
853
981
—
—
853
981
1,834
361
1998
12/09
30
Wichita, KS
—
420
623
—
—
420
623
1,043
229
1995
12/09
30
Hutchinson, KS
—
456
1,794
—
—
456
1,794
2,250
471
2004
02/13
30
Lexington, SC
—
630
1,620
—
—
630
1,620
2,250
364
2008
02/13
35
See accompanying report of independent registered public accounting firm.
F-31
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Investment the Company has Invested in Under Operating Leases:
China Garden:
Tucson, AZ
—
827
305
142
—
845
429
1,274
184
1974
12/01
40
Chipotle:
Florissant, MO
—
50
59
170
—
50
228
278
95
2013
04/03
(g)
40
Chuck E. Cheese's:
Mobile, AL
—
340
951
—
—
340
951
1,291
434
1981
11/11
20
Antioch, TN
—
459
1,738
—
—
459
1,738
2,197
748
1982
07/14
15
Huntsville, AL
—
382
1,182
—
—
382
1,182
1,564
382
1960
07/14
20
Saginaw, MI
—
489
1,203
—
—
489
1,203
1,692
388
1981
07/14
20
Albuquerque, NM
—
794
2,126
—
—
794
2,126
2,920
387
2003
08/14
35
Alexandria, LA
—
872
3,291
—
—
872
3,291
4,163
839
1983
08/14
25
Alpharetta, GA
—
2,027
1,743
—
—
2,027
1,743
3,770
370
2001
08/14
30
Atlanta, GA
—
1,313
1,656
—
—
1,313
1,656
2,969
422
1982
08/14
25
Austin, TX
—
852
4,024
—
—
852
4,024
4,876
855
2001
08/14
30
Batavia, IL
—
1,214
2,664
—
—
1,214
2,664
3,878
566
1999
08/14
30
Birmingham, AL
—
627
3,662
—
—
627
3,662
4,289
934
1982
08/14
25
Columbia, SC
—
509
2,655
—
—
509
2,655
3,164
564
1983
08/14
30
Conroe, TX
—
793
3,388
—
—
793
3,388
4,181
720
2001
08/14
30
Cordova, TN
—
1,195
3,055
—
—
1,195
3,055
4,250
649
2002
08/14
30
Denton, TX
—
833
1,245
—
—
833
1,245
2,078
227
2003
08/14
35
El Centro, CA
—
470
2,811
—
—
470
2,811
3,281
512
2005
08/14
35
Englewood, CO
—
911
3,056
—
—
911
3,056
3,967
649
1970
08/14
30
Foothill Ranch, CA
—
1,088
1,391
—
—
1,088
1,391
2,479
296
2003
08/14
30
Ft. Wayne, IN
—
686
3,232
—
—
686
3,232
3,918
687
1985
08/14
30
Garland, TX
—
1,224
2,302
—
—
1,224
2,302
3,526
419
2006
08/14
35
Grand Prairie, TX
—
1,380
4,983
—
—
1,380
4,983
6,363
1,059
2001
08/14
30
Grapevine, TX
—
1,303
2,135
—
—
1,303
2,135
3,438
454
2002
08/14
30
Greenville, SC
—
764
3,554
—
—
764
3,554
4,318
906
1983
08/14
25
Hickory, NC
—
647
1,686
—
—
647
1,686
2,333
307
2002
08/14
35
Horn Lake, MS
—
960
3,388
—
—
835
3,388
4,223
617
2002
08/14
35
Jacksonville, FL
—
1,038
4,220
—
—
1,038
4,220
5,258
1,076
1981
08/14
25
Katy, TX
—
960
4,171
—
—
960
4,171
5,131
886
2002
08/14
30
Kennesaw, GA
—
1,332
3,818
—
—
1,332
3,818
5,150
811
1999
08/14
30
See accompanying report of independent registered public accounting firm.
F-32
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Investment the Company has Invested in Under Operating Leases:
Killeen, TX
—
832
4,876
—
—
832
4,876
5,708
888
2004
08/14
35
Lake Charles, LA
—
853
1,539
—
—
853
1,539
2,392
327
2001
08/14
30
Littleton, CO
—
1,234
4,288
—
—
1,234
4,288
5,522
911
1994
08/14
30
Longview, TX
—
314
1,931
—
—
314
1,931
2,245
352
2004
08/14
35
Madison, WI
—
999
1,989
—
—
999
1,989
2,988
507
1982
08/14
25
Miamisburg, OH
—
607
4,416
—
—
607
4,416
5,023
1,126
1986
08/14
25
Midland, TX
—
588
2,537
—
—
588
2,537
3,125
539
2000
08/14
30
N. Richland Hills, TX
—
588
4,064
—
—
588
4,064
4,652
1,036
1982
08/14
25
Norcross, GA
—
1,077
2,703
—
—
1,077
2,703
3,780
689
1982
08/14
25
North Charleston, SC
—
1,449
3,319
—
—
1,449
3,319
4,768
705
2003
08/14
30
Oklahoma City, OK
—
499
3,203
—
—
499
3,203
3,702
817
1982
08/14
25
Olathe, KS
—
843
736
—
—
794
736
1,530
156
2002
08/14
30
Racine, WI
—
765
834
—
—
765
834
1,599
177
2000
08/14
30
Roanoke, VA
—
617
4,787
—
—
617
4,787
5,404
1,221
1983
08/14
25
San Antonio, TX
—
1,371
2,703
—
—
1,371
2,703
4,074
574
2001
08/14
30
San Antonio, TX
—
793
4,670
—
—
793
4,670
5,463
1,191
1990
08/14
25
Savannah, GA
—
1,469
2,634
—
—
1,469
2,634
4,103
672
1982
08/14
25
Sharonville, OH
—
696
1,597
—
—
696
1,597
2,293
407
1982
08/14
25
Sterling Heights, MI
—
725
2,322
—
—
725
2,322
3,047
493
1994
08/14
30
Sugarland, TX
—
1,107
3,134
—
—
1,107
3,134
4,241
666
2002
08/14
30
Topeka, KS
—
373
619
—
—
373
619
992
131
1990
08/14
30
Virginia Beach, VA
—
1,018
3,848
—
—
1,018
3,848
4,866
981
1984
08/14
25
Wichita Falls, TX
—
323
3,105
—
—
323
3,105
3,428
792
1982
08/14
25
Wichita, KS
—
862
2,850
—
—
862
2,850
3,712
606
1991
08/14
30
Yuma, AZ
—
471
668
—
—
471
668
1,139
122
2004
08/14
35
Chuy's:
Cincinnati, OH
—
1,165
1,322
—
—
1,165
1,322
2,487
325
1996
05/13
30
Cinemark:
Draper, UT
—
1,523
—
4,487
—
1,523
4,487
6,010
1,080
2011
08/10
(m)
40
Fort Worth, TX
—
2,140
—
7,660
—
2,140
7,660
9,800
1,636
2012
08/11
(o)
40
Cincinnati, OH
—
1,334
—
10,206
—
1,334
10,206
11,540
1,882
2013
09/12
(m)
40
McCandless, PA
—
3,094
—
6,389
—
3,094
6,389
9,483
1,005
2014
09/13
(m)
40
Marina, CA
—
15
—
5,614
—
15
5,614
5,629
731
2015
08/14
(m)
40
See accompanying report of independent registered public accounting firm.
F-33
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Investment the Company has Invested in Under Operating Leases:
Altoona, IA
—
1,161
—
9,923
—
1,161
9,923
11,084
1,209
2016
01/15
(m)
40
Abilene, TX
—
1,965
8,235
—
—
1,965
8,235
10,200
695
2017
08/17
40
City Barbeque:
Charlotte, NC
—
576
—
1,594
—
576
1,594
2,170
157
2017
07/16
(m)
40
Claim Jumper:
Roseville, CA
—
1,557
2,014
—
—
1,557
2,014
3,571
959
2000
12/01
40
Clairton Mini Mart:
Clairton, PA
—
215
701
59
—
215
760
975
422
1986
01/06
25
Closson's 3D Truck & Auto:
Benton Harbor, MI
—
207
160
—
—
207
160
367
79
1978
02/11
20
Cobb Theatre:
Tallahassee, FL
—
1,267
—
18,776
—
1,267
18,776
20,043
1,154
2018
06/17
(m)
40
Continental Rental:
Lapeer, MI
—
88
633
—
—
88
603
691
205
2007
10/05
40
Cool Crest:
Independence, MO
—
1,838
1,534
75
—
1,658
520
2,178
520
1988
05/07
40
Cooper's Hawk:
New Lenox, IL
—
1,328
—
5,389
—
1,328
5,389
6,717
298
2018
07/18
(o)
40
Centerville, OH
—
2,523
—
4,905
—
2,523
4,905
7,428
169
2019
02/19
(m)
40
Avon, IN
—
1,831
—
—
—
1,831
(e)
1,831
(e)
(e)
02/20
(m)
(e)
CORA Rehabilitation Clinics:
Orlando, FL
—
80
221
—
—
80
221
301
94
2001
02/04
40
Crest Furniture:
Iselin, NJ
—
3,750
5,983
—
—
3,750
5,983
9,733
2,686
1994
01/03
40
See accompanying report of independent registered public accounting firm.
F-34
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Investment the Company has Invested in Under Operating Leases:
CrossAmerica:
Antioch, IL
—
261
2,244
—
—
261
2,244
2,505
363
1988
12/16
25
Fox Lake, IL
—
252
1,184
—
—
242
1,184
1,426
159
1997
12/16
30
Grayslake, IL
—
194
924
—
—
194
924
1,118
149
1988
12/16
25
Joliet, IL
—
87
1,418
—
—
87
1,418
1,505
191
2005
12/16
30
Lincolnshire, IL
—
350
1,146
—
—
350
1,146
1,496
232
1984
12/16
20
Loves Park, IL
—
107
829
—
—
107
829
936
112
2000
12/16
30
Markham, IL
—
145
1,483
—
—
145
1,483
1,628
200
2007
12/16
30
Matteson, IL
—
475
1,202
—
—
475
1,202
1,677
162
2001
12/16
30
Orland Park, IL
—
204
1,290
—
—
204
1,290
1,494
209
1992
12/16
25
Richton Park, IL
—
126
1,021
—
—
126
1,021
1,147
103
2005
12/16
40
Rockford, IL
—
136
1,167
—
—
136
1,167
1,303
236
1968
12/16
20
Rockford, IL (n)
—
263
742
—
—
263
742
1,005
100
1997
12/16
30
Rockford, IL
—
97
1,205
—
—
97
1,205
1,302
162
2002
12/16
30
Spring Grove, IL
—
233
1,068
—
—
233
1,068
1,301
216
1987
12/16
20
Wadsworth, IL
—
398
835
—
—
398
835
1,233
113
1997
12/16
30
Wauconda, IL
—
338
2,629
—
—
338
2,629
2,967
425
1991
12/16
25
CSL Plasma:
Homestead, PA
—
384
—
2,290
—
465
2,290
2,755
64
2019
02/97
40
Warner Robins, GA
—
707
—
1,404
—
707
1,404
2,111
680
1999
03/98
(g)
40
Currito Burritos Without Borders:
Geneva, IL
—
653
601
—
—
669
518
1,187
253
1996
12/01
40
CVS:
Lafayette, LA
—
968
949
—
—
968
565
1,533
61
1995
01/96
25
Midwest City, OK
—
673
1,103
—
—
673
1,103
1,776
685
1996
03/96
40
Pantego, TX
—
1,016
1,449
—
—
1,016
1,449
2,465
853
1996
06/97
40
Leavenworth, KS
—
726
—
1,331
—
726
1,331
2,057
750
1998
11/97
(g)
40
Lewisville, TX
—
789
—
1,335
—
789
1,335
2,124
744
1998
04/98
(g)
40
Forest Hill, TX
—
692
—
1,175
—
692
1,175
1,867
657
1998
04/98
(g)
40
Garland, TX
—
1,477
—
1,400
—
1,455
1,400
2,855
775
1998
06/98
(g)
40
See accompanying report of independent registered public accounting firm.
F-35
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Investment the Company has Invested in Under Operating Leases:
Oklahoma City, OK
—
1,581
—
1,471
—
1,581
1,471
3,052
808
1999
08/98
(g)
40
Dallas, TX
—
2,618
—
2,571
—
2,618
2,571
5,189
1,106
2003
06/99
(g)
40
Gladstone, MO
—
1,851
—
1,740
—
1,851
1,740
3,591
886
2000
12/99
(g)
40
Dairy Queen:
Lubbock, TX
—
313
450
—
—
313
450
763
176
1981
02/15
15
Dave & Buster's:
Hilliard, OH
—
934
4,689
—
—
934
4,689
5,623
1,656
1998
11/06
40
Tulsa, OK
—
1,862
—
2,105
—
1,862
2,105
3,967
629
2009
04/08
(m)
40
Wauwatosa, WI
—
5,694
—
5,638
—
5,694
5,638
11,332
1,521
2010
12/08
(m)
40
Orlando, FL
—
8,114
—
4,224
—
8,114
4,224
12,338
999
2011
06/10
(m)
40
Oklahoma City, OK
—
3,156
—
4,870
—
3,156
4,870
8,026
1,091
2012
02/11
(m)
40
Dallas, TX
—
5,052
—
8,808
—
5,052
8,808
13,860
1,771
2012
03/12
(m)
40
Livonia, MI
—
2,116
—
7,758
—
2,116
7,758
9,874
1,366
2013
04/13
(m)
40
Euless, TX
—
2,592
7,563
—
2,592
7,563
10,155
1,063
2015
08/14
(m)
40
Little Rock, AR
—
2,310
5,805
—
—
2,310
5,805
8,115
656
2016
01/17
35
Florence, KY
—
4,700
7,617
—
—
4,700
7,617
12,317
861
2016
01/17
35
Tampa, FL
—
3,354
8,361
—
—
3,354
8,361
11,715
444
2017
11/18
40
DaVita Dialysis:
Columbus, OH
—
527
1,426
—
—
527
1,426
1,953
307
2000
07/14
30
Del Frisco's:
Fort Worth, TX
—
351
5,874
—
—
351
5,874
6,225
2,925
1890
01/11
20
Greenwood Village, CO
—
1,863
5,649
—
—
1,863
5,649
7,512
2,813
1979
01/11
20
Denny's:
Clifton, CO
—
245
732
375
—
245
1,107
1,352
463
1998
12/01
40
Alexandria, VA
—
604
196
—
—
604
196
800
140
1981
09/06
20
Amarillo, TX
—
590
632
—
—
590
632
1,222
452
1982
09/06
20
Arlington Heights, IL
—
470
228
—
—
470
228
698
163
1977
09/06
20
Campbell, CA
—
460
238
—
—
460
238
698
170
1976
09/06
20
Carson, CA
—
1,246
157
—
—
1,246
157
1,403
112
1975
09/06
20
See accompanying report of independent registered public accounting firm.
F-36
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Investment the Company has Invested in Under Operating Leases:
Chehalis, WA
—
415
287
—
—
415
287
702
205
1977
09/06
20
Chubbuck, ID
—
350
394
—
—
344
394
738
282
1983
09/06
20
Clackamas, OR
—
468
407
—
—
468
407
875
291
1993
09/06
20
Collinsville, IL
—
676
283
—
—
676
283
959
202
1979
09/06
20
Corpus Christi, TX
—
345
776
300
—
345
1,076
1,421
754
1980
09/06
20
Dallas, TX
—
497
150
—
—
451
140
591
100
1979
09/06
20
Enfield, CT
—
684
229
—
—
684
229
913
164
1976
09/06
20
Fairfax, VA
—
768
683
—
—
768
683
1,451
488
1979
09/06
20
Federal Way, WA
—
543
193
—
—
543
193
736
138
1977
09/06
20
Florissant, MO
—
443
238
—
—
443
238
681
170
1977
09/06
20
Houston, TX
—
504
348
—
—
504
348
852
248
1976
09/06
20
Indianapolis, IN
—
358
767
—
—
358
767
1,125
548
1978
09/06
20
Indianapolis, IN
—
310
590
—
—
310
590
900
421
1981
09/06
20
Indianapolis, IN
—
231
511
—
—
231
511
742
365
1974
09/06
20
Indianapolis, IN
—
326
511
—
—
326
511
837
365
1978
09/06
20
Kernersville, NC
—
407
557
—
—
407
557
964
398
2000
09/06
20
Lafayette, IN
—
424
773
—
—
416
773
1,189
552
1978
09/06
20
Laurel, MD
—
528
379
—
—
528
379
907
271
1976
09/06
20
Little Rock, AR
—
703
180
—
—
703
180
883
128
1979
09/06
20
Maplewood, MN
—
630
271
—
—
630
271
901
194
1983
09/06
20
N. Miami, FL
—
855
151
—
—
855
151
1,006
108
1977
09/06
20
Nampa, ID
—
357
729
—
—
328
729
1,057
521
1979
09/06
20
Omaha, NE
—
496
314
—
—
496
314
810
225
1994
09/06
20
Provo, UT
—
519
216
—
—
513
216
729
154
1978
09/06
20
Raleigh, NC
—
1,094
482
—
—
1,094
482
1,576
345
1984
09/06
20
Sugarland, TX
—
315
334
—
—
293
334
627
239
1997
09/06
20
Tucson, AZ
—
922
290
—
—
922
290
1,212
207
1979
09/06
20
Wethersfield, CT
—
884
176
—
—
884
176
1,060
126
1978
09/06
20
Worcester, MA
—
383
493
—
—
383
493
876
352
1978
09/06
20
Boise, ID
—
514
477
—
—
514
477
991
335
1983
12/06
20
St. Louis, MO
—
635
303
—
—
635
303
938
211
1980
01/07
20
Virginia Gardens, FL
—
793
133
—
—
793
133
926
93
1977
01/07
20
Akron, OH
—
308
1,062
—
—
308
1,062
1,370
267
1992
06/13
30
Moab, UT
—
395
1,432
—
—
384
1,432
1,816
280
2000
02/15
30
Ft Walton Beach, FL
—
274
531
—
—
274
531
805
80
1973
01/17
25
See accompanying report of independent registered public accounting firm.
F-37
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Investment the Company has Invested in Under Operating Leases:
Dickey's Barbeque Pit:
Medina, OH
—
405
464
104
—
370
568
938
251
1996
12/01
40
Dick's Sporting Goods:
Taylor, MI
—
1,920
3,527
—
—
1,920
3,527
5,447
2,142
1996
08/96
40
White Marsh, MD
—
2,681
3,917
—
—
2,681
3,917
6,598
2,379
1996
08/96
40
Dirt Cheap:
Nacogdoches, TX
—
397
1,257
269
—
400
1,524
1,924
739
1997
11/98
40
Doctors of Physical Therapy:
Lapeer, MI
—
63
457
80
—
63
516
579
153
2007
10/05
40
Dollar General:
San Antonio, TX
—
441
784
—
—
441
196
637
46
1993
12/93
30
Mobile, AL
—
1,137
1,694
—
—
1,137
1,694
2,831
807
2000
12/01
40
Albany, NY
—
25
867
738
—
25
1,605
1,630
354
1994
09/04
40
High Springs, FL
—
409
—
1,072
—
432
1,072
1,504
271
2010
07/10
(m)
40
Inverness, FL
—
459
—
1,046
—
471
1,046
1,517
260
2011
08/10
(m)
40
Cocoa, FL
—
385
—
935
—
406
935
1,341
237
2010
08/10
(m)
40
Palm Bay, FL
—
355
—
1,011
—
365
1,011
1,376
254
2010
08/10
(m)
40
Deland, FL
—
585
—
958
—
585
958
1,543
236
2010
11/10
(m)
40
Seffner, FL
—
673
—
1,223
—
446
803
1,249
193
2011
12/10
(m)
40
Hernando, FL
—
372
—
970
—
372
970
1,342
236
2011
01/11
(m)
40
Titusville, FL
—
512
—
1,002
—
512
1,002
1,514
235
2011
04/11
(m)
40
Disputanta, VA
—
170
—
720
—
170
720
890
167
2011
09/11
(o)
40
Lumberton, NC
—
115
—
902
—
115
902
1,017
202
2012
10/11
(m)
40
Newport News, VA
—
363
—
967
—
363
967
1,330
221
2011
10/11
(m)
40
Cumberland, VA
—
317
—
1,147
—
317
1,147
1,464
252
2012
12/11
(m)
40
Aberdeen, NC
—
156
—
821
—
156
821
977
179
2012
01/12
(m)
40
Richmond, VA
—
144
—
863
—
144
863
1,007
182
2012
02/12
(m)
40
Danville, VA
—
155
—
864
—
155
864
1,019
186
2012
03/12
(m)
40
Cascade, VA
—
139
—
806
—
139
806
945
172
2012
03/12
(m)
40
See accompanying report of independent registered public accounting firm.
F-38
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Investment the Company has Invested in Under Operating Leases:
Sanford, NC
—
147
—
834
—
147
834
981
175
2012
04/12
(m)
40
Leland, NC
—
245
—
892
—
245
892
1,137
183
2012
06/12
(m)
40
Sanford, NC
—
206
—
829
—
206
829
1,035
170
2012
07/12
(m)
40
Richmond, VA
—
305
—
902
—
305
902
1,207
183
2012
08/12
(m)
40
Martinsville, VA
—
165
—
831
—
165
831
996
167
2012
09/12
(m)
40
Yerington, NV
—
313
—
1,170
—
313
1,170
1,483
233
2013
09/12
(m)
40
Hawthorne, NV
—
210
1,069
—
—
210
1,069
1,279
215
2012
12/12
40
Norfolk, VA
—
455
—
929
—
455
929
1,384
175
2013
03/13
(m)
40
Suffolk, VA
—
186
—
958
—
186
958
1,144
181
2013
03/13
(m)
40
Suffolk, VA
—
128
—
1,010
—
128
1,010
1,138
186
2013
04/13
(m)
40
Irving, NY
—
210
—
961
—
210
961
1,171
173
2013
06/13
(m)
40
Oakfield, NY
—
257
—
1,108
—
271
1,108
1,379
186
2014
10/13
(m)
40
Holland, NY
—
176
—
1,103
—
176
1,103
1,279
178
2014
12/13
(m)
40
Jeffersonville, IN
—
115
960
—
—
115
960
1,075
189
2010
02/14
35
LaFayette, LA
—
157
378
23
—
180
378
558
102
2002
07/14
25
Youngsville, LA
—
98
370
34
—
98
404
502
99
2002
07/14
25
Daytona Beach Shores, FL
—
459
1,282
—
—
459
1,282
1,741
130
2011
12/17
30
Dollar Tree:
Garland, TX
—
239
626
—
—
239
626
865
305
1994
02/94
40
Homestead, PA
—
256
—
1,964
—
310
1,910
2,220
233
2016
02/97
(g)
40
Marietta, GA
—
525
—
787
—
524
787
1,311
154
1997
12/14
(o)
30
Don Tello's Tex-Mex Grill:
Lithonia, GA
—
923
1,276
48
—
923
1,324
2,247
438
2002
06/07
40
Driscoll Children's Hospital:
Corpus Christi, TX
—
630
3,131
—
—
630
3,131
3,761
1,706
1982
03/99
40
El Jalapeno:
Indianapolis, IN
—
223
483
79
—
223
562
785
392
1979
09/06
20
Empire Buffet:
Las Cruces, NM
—
947
—
2,390
—
947
2,390
3,337
821
2006
01/06
(m)
40
See accompanying report of independent registered public accounting firm.
F-39
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Investment the Company has Invested in Under Operating Leases:
Express Mart:
Thomasville, NC
—
140
228
—
—
140
228
368
74
1962
07/14
20
Express Oil Change:
Birmingham, AL
—
470
695
—
—
470
695
1,165
222
2008
02/08
(f)
40
Florence, AL
—
110
381
—
—
110
381
491
164
1987
02/08
30
Helena, AL
—
363
628
—
—
363
628
991
202
1998
02/08
40
Muscle Shoals, AL
—
168
624
—
—
168
624
792
268
1985
02/08
30
Opelika, AL
—
547
680
—
—
547
680
1,227
219
2006
02/08
40
Cordova, TN
—
639
785
—
—
639
785
1,424
236
2000
12/08
40
Horn Lake, MS
—
326
611
—
—
326
611
937
210
1998
12/08
35
Lakeland, TN
—
186
489
—
—
186
489
675
147
2000
12/08
40
Memphis, TN
—
402
721
—
—
402
721
1,123
217
2001
12/08
40
Houston, TX
—
651
—
648
—
517
648
1,165
137
2012
02/12
(m)
40
Katy, TX
—
539
—
830
—
539
829
1,368
167
2012
07/12
(m)
40
Chattanooga, TN
—
224
173
—
—
224
173
397
47
2001
10/12
30
Chattanooga, TN
—
238
1,756
—
—
238
1,756
1,994
480
1998
10/12
30
Chattanooga, TN
—
239
1,214
—
—
239
1,214
1,453
332
1998
10/12
30
Cleveland, TN
—
318
1,064
—
—
318
1,064
1,382
250
2004
10/12
35
Fort Oglethorpe, GA
—
241
331
—
—
241
331
572
78
2003
10/12
35
Marietta, GA
—
618
30
—
—
618
30
648
8
1988
12/12
30
Smyrna, GA
—
295
1,092
—
—
295
1,092
1,387
351
1984
12/12
25
Cypress, TX
—
550
—
983
—
550
983
1,533
144
2014
05/14
(m)
40
Boaz, AL
—
205
368
—
—
205
368
573
87
1995
01/15
25
Gadsden, AL
—
116
690
—
—
116
690
806
136
1999
01/15
30
Rainbow City, AL
—
164
653
—
—
164
653
817
155
1992
01/15
25
Seffner, FL
—
155
593
—
—
155
593
748
99
2008
02/15
35
Fayetteville, TN
—
117
860
—
—
117
860
977
164
1998
04/15
30
Huntsville, AL
—
214
710
—
—
214
710
924
162
1995
04/15
25
Huntsville, AL
—
292
526
—
—
292
526
818
100
1995
04/15
30
Madison, AL
—
319
1,006
—
—
319
1,006
1,325
191
1992
04/15
30
See accompanying report of independent registered public accounting firm.
F-40
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Investment the Company has Invested in Under Operating Leases:
Houston, TX
—
576
—
1,120
—
576
1,120
1,696
115
2016
04/16
(m)
40
Tampa, FL
—
718
—
942
—
718
942
1,660
95
2016
06/16
(m)
40
West Point, MS
—
335
—
1,130
—
335
1,130
1,465
105
2017
10/16
(m)
40
Tupelo, MS
—
381
1,641
—
—
381
1,641
2,022
178
2013
03/17
35
Tupelo, MS
—
607
—
1,158
—
607
1,158
1,765
88
2017
03/17
(m)
40
Canton, GA
—
741
—
1,240
—
741
1,240
1,981
84
2018
10/17
(m)
40
Jasper, AL
—
186
879
—
—
186
879
1,065
94
2000
10/17
30
Hurst, TX
—
331
1,397
—
—
331
1,397
1,728
101
2013
06/18
35
Hampton Cove, AL
—
628
—
1,326
—
628
1,326
1,954
54
2019
09/18
(m)
40
Dyer, IN
—
618
803
—
—
618
803
1,421
51
2013
10/18
35
Hendersonville, TN
—
916
1,656
—
—
916
1,656
2,572
101
2017
11/18
35
Nashville, TN
—
833
1,898
—
—
833
1,898
2,731
115
2014
11/18
35
Spring Hill, TN
—
536
2,570
—
—
536
2,570
3,106
156
2013
11/18
35
Murfreesboro, TN
—
407
2,552
—
—
407
2,552
2,959
217
2001
11/18
25
Murfreesboro, TN
—
417
2,157
—
—
417
2,157
2,574
153
2004
11/18
30
Murfreesboro, TN
—
667
1,594
—
—
667
1,594
2,261
97
2013
11/18
35
Concord, NC
—
570
1,626
—
—
570
1,626
2,196
91
2018
01/19
35
Lafayette, LA
—
364
1,169
—
—
364
1,169
1,533
63
2010
05/19
30
Lafayette, LA
—
230
845
—
—
230
845
1,075
46
1996
05/19
30
Taylors, SC
—
581
—
1,353
—
581
1,353
1,934
35
2019
06/19
(m)
40
Richmond Hill, GA
—
792
—
1,404
—
792
1,404
2,196
19
2020
11/19
(m)
40
Magnolia, TX
—
1,022
—
1,382
—
1,022
1,382
2,404
19
2020
11/19
(m)
40
Gallatin, TN
—
808
1,663
—
—
808
1,663
2,471
47
2019
11/19
40
Allen, TX
—
575
1,781
—
—
575
1,781
2,356
53
2016
12/19
35
Gilbert, AZ
—
602
1,872
—
—
602
1,872
2,474
49
2018
12/19
40
Peoria, AZ
—
405
1,929
—
—
405
1,929
2,334
50
2015
12/19
40
Tempe, AZ
—
903
1,374
—
—
903
1,374
2,277
41
2014
12/19
35
Birmingham, AL
—
303
804
—
—
303
804
1,107
31
1997
01/20
25
Birmingham, AL
—
188
1,421
—
—
188
1,421
1,609
45
2006
01/20
30
Fort Payne, AL
—
76
1,256
—
—
76
1,256
1,332
40
2006
01/20
30
Jasper, AL
—
376
1,662
—
—
376
1,662
2,038
53
1999
01/20
30
Moody, AL
—
141
2,111
—
—
141
2,111
2,252
67
1998
01/20
30
Sylacauga, AL
—
180
1,080
—
—
180
1,080
1,260
34
2006
01/20
30
See accompanying report of independent registered public accounting firm.
F-41
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Investment the Company has Invested in Under Operating Leases:
E-Z Mart:
Andrews, TX
—
140
2,623
—
—
140
2,623
2,763
203
2014
04/18
35
Arlington, TX
—
196
1,187
—
—
196
1,187
1,383
129
1982
04/18
25
Ashdown, AR
—
112
2,996
—
—
112
2,996
3,108
232
2015
04/18
35
Broken Arrow, OK
—
93
1,635
—
—
93
1,635
1,728
148
2012
04/18
30
Broken Bow, OK
—
103
2,315
—
—
103
2,315
2,418
209
1994
04/18
30
Broken Bow, OK
—
93
2,325
—
—
93
2,325
2,418
252
1964
04/18
25
Cleburne, TX
—
65
1,663
—
—
65
1,663
1,728
180
1984
04/18
25
Davis, OK
—
37
1,691
—
—
37
1,691
1,728
183
1981
04/18
25
Durant, OK
—
215
1,858
—
—
215
1,858
2,073
168
2000
04/18
30
Durant, OK
—
131
1,598
—
—
131
1,598
1,729
124
2014
04/18
35
Edmond, OK
—
140
898
—
—
140
898
1,038
97
1973
04/18
25
Fayetteville, AR
—
84
1,299
—
—
84
1,299
1,383
141
1979
04/18
25
Foreman, AR
—
65
2,697
—
—
65
2,697
2,762
209
2015
04/18
35
Gladewater, TX
—
28
1,700
—
—
28
1,700
1,728
184
1973
04/18
25
Harrah, OK
—
131
1,598
—
—
131
1,598
1,729
173
1986
04/18
25
Hartshorne, OK
—
28
1,356
—
—
28
1,356
1,384
122
1998
04/18
30
Hot Springs, AR
—
449
935
—
—
449
935
1,384
84
1989
04/18
30
Hot Springs, AR
—
823
561
—
—
823
561
1,384
51
2012
04/18
30
Hot Springs, AR
—
38
656
—
—
38
656
694
71
1977
04/18
25
Hugo, OK
—
28
1,356
—
—
28
1,356
1,384
147
1985
04/18
25
Idabel, OK
—
93
1,635
—
—
93
1,635
1,728
148
1998
04/18
30
Kilgore, TX
—
327
3,126
—
—
327
3,126
3,453
242
2013
04/18
35
Little Rock, AR
—
356
683
—
—
356
683
1,039
74
1980
04/18
25
Little Rock, AR
—
253
786
—
—
253
786
1,039
85
1981
04/18
25
Longview, TX
—
112
1,616
—
—
112
1,616
1,728
175
1982
04/18
25
Longview, TX
—
75
1,309
—
—
75
1,309
1,384
142
1983
04/18
25
Lubbock, TX
—
150
544
—
—
150
544
694
59
1974
04/18
25
McAlester, OK
—
290
1,094
—
—
290
1,094
1,384
118
1980
04/18
25
Mineral Wells, TX
—
103
1,626
—
—
103
1,626
1,729
147
1999
04/18
30
Monticello, AR
—
215
1,858
—
—
215
1,858
2,073
168
1990
04/18
30
Mountain Home, AR
—
84
955
—
—
84
955
1,039
103
1982
04/18
25
Mountain Home, AR
—
47
992
—
—
47
992
1,039
107
1983
04/18
25
Nash, TX
—
84
1,989
—
—
84
1,989
2,073
180
1994
04/18
30
Paris, TX
—
56
1,327
—
—
56
1,327
1,383
144
1980
04/18
25
See accompanying report of independent registered public accounting firm.
F-42
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Investment the Company has Invested in Under Operating Leases:
Pittsburg, TX
—
149
1,579
—
—
149
1,579
1,728
143
1998
04/18
30
Queen City, TX
—
168
2,595
—
—
168
2,595
2,763
201
2016
04/18
35
Red Oak, OK
—
168
1,905
—
—
168
1,905
2,073
172
2012
04/18
30
Spiro, OK
—
103
1,970
—
—
103
1,970
2,073
213
1985
04/18
25
Springdale, AR
—
169
525
—
—
169
525
694
57
1974
04/18
25
Springdale, AR
—
122
572
—
—
122
572
694
62
1969
04/18
25
Sulphur Springs, TX
—
65
1,318
—
—
65
1,318
1,383
143
1981
04/18
25
Talihina, OK
—
234
1,150
—
—
234
1,150
1,384
125
1975
04/18
25
Texarkana, AR
—
159
2,604
—
—
159
2,604
2,763
235
1994
04/18
30
Texarkana, AR
—
56
1,672
—
—
56
1,672
1,728
151
1998
04/18
30
Texarkana, AR
—
159
1,914
—
—
159
1,914
2,073
207
1975
04/18
25
Texarkana, AR
—
47
1,337
—
—
47
1,337
1,384
145
1986
04/18
25
Texarkana, AR
—
93
1,290
—
—
93
1,290
1,383
140
1974
04/18
25
Texarkana, TX
—
112
2,996
—
—
112
2,996
3,108
270
2001
04/18
30
Family Dollar:
Riverdale, GA
—
1,089
1,707
—
—
1,089
1,707
2,796
984
1997
12/97
40
Hudson Falls, NY
—
51
380
625
—
187
869
1,056
265
1993
09/04
40
Richmond, TX
—
366
1,059
—
—
366
1,059
1,425
208
2012
02/14
35
Spring, TX
—
199
1,152
—
—
199
1,152
1,351
226
2012
02/14
35
Bartlesville, OK
—
110
445
—
—
110
445
555
115
2001
07/14
25
Huntsville, AL
—
141
596
—
—
141
596
737
128
2005
07/14
30
Tulsa, OK
—
70
519
34
—
103
519
622
142
2001
07/14
25
Famous Footwear:
Lapeer, MI
—
163
835
—
—
163
812
975
272
2007
10/05
40
Famsa:
Harlingen, TX
—
317
756
170
—
317
926
1,243
452
1999
11/98
(f)
40
Ferguson:
Destin, FL
—
554
1,012
253
—
554
1,265
1,819
428
2006
03/07
40
Union City, GA
—
144
1,260
—
—
144
1,260
1,404
347
2010
05/11
35
See accompanying report of independent registered public accounting firm.
F-43
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Investment the Company has Invested in Under Operating Leases:
Fikes Wholesale:
Belton, TX
—
722
1,814
—
—
722
1,814
2,536
486
2007
08/11
35
Godley, TX
—
1,453
2,084
—
—
1,453
2,084
3,537
558
2008
08/11
35
Killeen, TX
—
1,053
833
—
—
1,053
833
1,886
223
2007
08/11
35
Killeen, TX
—
1,302
2,514
—
—
1,302
2,514
3,816
673
2008
08/11
35
McGregor, TX
—
511
1,484
—
—
511
1,484
1,995
398
2006
08/11
35
Thorndale, TX
—
331
984
—
—
331
984
1,315
264
2007
08/11
35
Valley Mills, TX
—
711
2,114
—
—
711
2,114
2,825
566
2006
08/11
35
West, TX
—
402
864
—
—
402
864
1,266
270
1999
08/11
30
Gladewater, TX
—
145
2,107
—
—
145
2,107
2,252
379
2007
09/14
35
Hearne, TX
—
68
2,184
—
—
68
2,184
2,252
458
1996
09/14
30
Jarrell, TX
—
541
2,965
—
—
541
2,965
3,506
533
2009
09/14
35
Killeen, TX
—
628
2,878
—
—
628
2,878
3,506
517
2013
09/14
35
Liberty Hill, TX
—
203
3,303
—
—
202
3,303
3,505
594
2013
09/14
35
Rosebud, TX
—
58
1,847
—
—
58
1,847
1,905
332
2012
09/14
35
Temple, TX
—
1,052
3,302
—
—
1,052
3,302
4,354
594
2012
09/14
35
Waco, TX
—
1,400
2,106
—
—
1,400
2,106
3,506
442
1997
09/14
30
Claude, TX
—
193
3,728
—
—
193
3,728
3,921
537
2013
12/15
35
Covington, TX
—
164
2,512
—
—
164
2,512
2,676
422
2001
12/15
30
Hamilton, TX
—
97
2,175
—
—
97
2,175
2,272
439
1987
12/15
25
Lott, TX
—
135
3,236
—
—
135
3,236
3,371
466
2013
12/15
35
Salado, TX
—
715
3,206
—
—
715
3,206
3,921
462
2014
12/15
35
Temple, TX
—
77
2,291
—
—
77
2,291
2,368
330
2012
12/15
35
Vernon, TX
—
154
5,850
—
—
154
5,850
6,004
737
2015
12/15
40
Milton, FL
—
1,498
—
3,568
—
1,498
3,568
5,066
361
2016
04/16
(m)
40
Giddings, TX
—
845
—
5,219
—
845
5,219
6,064
462
2017
11/16
(m)
40
Daphne, AL
—
1,411
1,247
—
—
1,411
1,247
2,658
168
2006
12/16
30
Foley, AL
—
783
1,721
—
—
783
1,721
2,504
174
2007
12/16
40
Belton, TX
—
415
3,391
—
—
415
3,391
3,806
336
2016
01/17
40
Hewitt, TX
—
747
—
3,233
—
747
3,233
3,980
246
2017
01/17
(m)
40
Amarillo, TX
—
390
3,555
—
—
390
3,555
3,945
193
2013
05/19
30
Crestview, FL
—
504
3,394
—
—
504
3,394
3,898
158
2015
05/19
35
Fort Walton Beach, FL
—
684
3,213
—
—
684
3,213
3,897
131
2016
05/19
40
Fort Walton Beach, FL
—
799
3,099
—
—
799
3,099
3,898
144
2016
05/19
35
Killeen, TX
—
504
3,973
—
—
504
3,973
4,477
215
2012
05/19
30
See accompanying report of independent registered public accounting firm.
F-44
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Investment the Company has Invested in Under Operating Leases:
First Cash Pawn:
Alice, TX
—
318
578
—
—
318
578
896
275
1995
12/01
40
Five Below:
Florissant, MO
—
249
294
849
—
250
1,142
1,392
350
1996
04/03
(g)
40
Five Guys Burgers and Fries:
Middleburg Heights, OH
—
497
260
250
—
497
510
1,007
328
1976
09/06
20
Fleming's:
Akron, OH
—
475
3,140
—
—
475
3,140
3,615
789
2005
03/12
35
Floor & Decor:
Knoxville, TN
—
2,364
—
7,879
—
2,364
7,879
10,243
977
2016
09/15
(m)
40
Albuquerque, NM
—
2,322
10,699
—
—
2,322
10,699
13,021
524
2018
01/19
40
Food 4 Less:
National City, CA
—
3,569
4,266
—
—
3,569
1,246
4,815
60
1995
11/98
25
Food Fast:
Bossier City, LA
—
883
658
—
—
883
658
1,541
594
1975
06/07
15
Brownsboro, TX
—
328
385
—
—
328
385
713
174
1990
06/07
30
Flint, TX
—
272
411
—
—
272
411
683
223
1985
06/07
25
Forney, TX
—
545
707
—
—
545
707
1,252
319
1989
06/07
30
Gun Barrel City, TX
—
242
467
—
—
242
467
709
253
1988
06/07
25
Gun Barrel City, TX
—
270
386
12
—
282
386
668
209
1986
06/07
25
Jacksonville, TX
—
660
632
—
—
660
632
1,292
571
1976
06/07
15
Kemp, TX
—
581
505
—
—
581
505
1,086
274
1986
06/07
25
Longview, TX
—
426
382
—
—
426
382
808
207
1984
06/07
25
Longview, TX
—
360
535
—
—
360
535
895
290
1983
06/07
25
Longview, TX
—
271
431
—
—
271
431
702
194
1990
06/07
30
See accompanying report of independent registered public accounting firm.
F-45
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Investment the Company has Invested in Under Operating Leases:
Longview, TX
—
403
572
—
—
403
572
975
310
1985
06/07
25
Longview, TX
—
252
304
—
—
252
304
556
165
1983
06/07
25
Mabank, TX
—
229
494
—
—
229
494
723
267
1986
06/07
25
Mt. Vernon, TX
—
292
666
2,800
—
292
2,800
3,092
540
2013
06/07
(m)
40
Tyler, TX
—
742
546
—
—
742
546
1,288
296
1985
06/07
25
Tyler, TX
—
488
831
—
—
488
831
1,319
563
1980
06/07
20
Tyler, TX
—
542
403
—
—
481
403
884
219
1984
06/07
25
Tyler, TX
—
473
654
—
—
473
654
1,127
295
1990
06/07
30
Tyler, TX
—
316
545
—
—
316
545
861
246
1989
06/07
30
Tyler, TX
—
323
283
—
—
323
283
606
192
1978
06/07
20
Tyler, TX
—
188
329
—
—
188
329
517
178
1984
06/07
25
Fort Ticonderoga:
Ticonderoga, NY
—
89
689
60
—
89
749
838
297
1993
09/04
40
Fresenius Medical Care:
Houston, TX
—
422
1,915
510
—
422
2,425
2,847
898
1995
08/06
40
Rockford, MI
—
226
1,404
—
—
226
1,404
1,630
302
2002
07/14
30
Fresh Market:
Gainesville, FL
—
317
1,248
673
—
317
1,921
2,238
764
1982
03/99
40
Frisch's Big Boy:
Batavia, OH
—
319
2,637
150
—
319
2,787
3,106
485
1995
08/15
30
Bethel, OH
—
242
2,512
150
—
242
2,662
2,904
555
1982
08/15
25
Burlington, KY
—
589
2,357
150
—
589
2,507
3,096
430
1995
08/15
30
Cincinnati, OH
—
183
3,283
150
—
183
3,433
3,616
721
1980
08/15
25
Cincinnati, OH
—
782
1,961
150
—
782
2,111
2,893
437
1973
08/15
25
Cincinnati, OH
—
300
1,952
150
—
300
2,102
2,402
430
1990
08/15
25
Cincinnati, OH
—
976
1,806
150
—
976
1,956
2,932
281
2011
08/15
35
Cincinnati, OH
—
695
2,173
150
—
695
2,323
3,018
402
1982
08/15
30
Cincinnati, OH
—
329
1,672
—
—
329
1,672
2,001
360
1988
08/15
25
Cincinnati, OH
—
638
1,845
150
—
638
1,995
2,633
411
1993
08/15
25
Cincinnati, OH
—
271
939
—
—
271
939
1,210
202
1994
08/15
25
See accompanying report of independent registered public accounting firm.
F-46
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Investment the Company has Invested in Under Operating Leases:
Cincinnati, OH
—
754
1,044
—
—
754
1,044
1,798
187
1997
08/15
30
Cincinnati, OH
—
387
1,865
—
—
387
1,865
2,252
334
1996
08/15
30
Cincinnati, OH
—
445
929
—
—
445
929
1,374
166
2005
08/15
30
Cincinnati, OH
—
435
3,457
150
—
435
3,607
4,042
759
1970
08/15
25
Cincinnati, OH
—
657
1,874
150
—
654
2,024
2,678
418
1986
08/15
25
Cincinnati, OH
—
734
1,768
150
—
734
1,918
2,652
395
1991
08/15
25
Cincinnati, OH
—
290
3,100
150
—
290
3,250
3,540
682
1985
08/15
25
Cincinnati, OH
—
319
2,753
150
—
319
2,903
3,222
504
2007
08/15
30
Cincinnati, OH
—
541
1,981
150
—
541
2,131
2,672
442
1964
08/15
25
Cold Spring, KY
—
763
2,144
150
—
763
2,294
3,057
397
1993
08/15
30
Covington, KY
—
522
2,444
150
—
522
2,594
3,116
450
1991
08/15
30
Dayton, OH
—
348
1,633
150
—
348
1,783
2,131
357
1990
08/15
25
Dayton, OH
—
589
1,662
150
—
589
1,812
2,401
302
2006
08/15
30
Dayton, OH
—
261
1,392
—
—
261
1,392
1,653
299
1985
08/15
25
Dayton, OH
—
407
349
—
—
407
349
756
54
2010
08/15
35
Dayton, OH
—
445
1,276
—
—
445
1,276
1,721
196
2008
08/15
35
Dayton, OH
—
464
2,029
150
—
464
2,179
2,643
368
1988
08/15
30
Eaton, OH
—
319
1,267
—
—
319
1,267
1,586
272
1992
08/15
25
Englewood, OH
—
348
1,846
150
—
348
1,996
2,344
407
1976
08/15
25
Erlanger, KY
—
425
1,740
—
—
425
1,740
2,165
374
1991
08/15
25
Fairborn, OH
—
348
1,305
—
—
348
1,305
1,653
234
1989
08/15
30
Fairfield, OH
—
580
1,556
150
—
580
1,706
2,286
350
1976
08/15
25
Florence, KY
—
850
1,971
150
—
850
2,121
2,971
363
2001
08/15
30
Florence, KY
—
860
1,903
150
—
860
2,053
2,913
423
1986
08/15
25
Fort Mitchell, KY
—
792
3,051
150
—
792
3,201
3,993
559
1988
08/15
30
Franklin, OH
—
406
1,749
150
—
406
1,899
2,305
391
1977
08/15
25
Franklin, OH
—
415
2,425
150
—
415
2,575
2,990
446
1987
08/15
30
Gahanna, OH
—
389
165
—
—
389
165
554
30
1994
08/15
30
Greensburg, IN
—
464
1,575
150
—
464
1,726
2,190
292
1990
08/15
30
Grove City, OH
—
406
1,846
145
—
406
1,991
2,397
335
1993
08/15
30
Groveport, OH
—
145
1,084
—
—
145
1,084
1,229
194
1992
08/15
30
Hamilton, OH
—
560
1,894
148
—
560
2,042
2,602
344
2009
08/15
30
Hamilton, OH
—
310
1,045
—
—
310
1,045
1,355
225
1968
08/15
25
Harrison, OH
—
338
2,685
150
—
338
2,835
3,173
490
1989
08/15
30
See accompanying report of independent registered public accounting firm.
F-47
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Investment the Company has Invested in Under Operating Leases:
Heath, OH
—
939
348
—
—
939
348
1,287
53
2011
08/15
35
Hillsboro, OH
—
502
2,926
150
—
502
3,076
3,578
644
1980
08/15
25
Independence, KY
—
657
1,816
149
—
657
1,966
2,623
330
2009
08/15
30
Lancaster, OH
—
570
1,604
—
—
570
1,604
2,174
287
1992
08/15
30
Lawrenceburg, IN
—
550
3,071
—
—
550
3,071
3,621
472
2010
08/15
35
Lebanon, OH
—
560
2,550
150
—
560
2,700
3,260
468
2006
08/15
30
Lexington, KY
—
734
1,382
—
—
724
1,382
2,106
212
2013
08/15
35
Lexington, KY
—
647
2,289
150
—
647
2,439
3,086
507
1976
08/15
25
Louisville, KY
—
628
1,691
150
—
628
1,841
2,469
316
1990
08/15
30
Louisville, KY
—
891
97
—
—
891
97
988
17
1994
08/15
30
Loveland, OH
—
184
1,740
—
—
184
1,740
1,924
312
1990
08/15
30
Loveland, OH
—
241
2,666
150
—
241
2,816
3,057
589
1980
08/15
25
Marysville, OH
—
281
823
—
—
281
823
1,104
147
1993
08/15
30
Mason, OH
—
531
1,981
150
—
531
2,131
2,662
442
1987
08/15
25
Maysville, KY
—
454
3,119
175
—
479
3,269
3,748
686
1992
08/15
25
Miamisburg, OH
—
551
1,701
150
—
551
1,851
2,402
375
1970
08/15
25
Middletown, OH
—
155
1,952
150
—
155
2,102
2,257
435
1966
08/15
25
Middletown, OH
—
823
310
—
—
823
310
1,133
48
2013
08/15
35
Milford, OH
—
309
1,942
150
—
309
2,092
2,401
433
1960
08/15
25
New Albany, IN
—
493
1,238
—
—
493
1,238
1,731
222
1995
08/15
30
Shepherdsville, KY
—
793
1,092
—
—
793
1,092
1,885
196
2009
08/15
30
Springfield, OH
—
560
1,691
150
—
560
1,841
2,401
312
2007
08/15
30
Tipp City, OH
—
503
919
—
—
503
919
1,422
165
1996
08/15
30
Troy, OH
—
445
1,807
150
—
445
1,957
2,402
332
1987
08/15
30
Urbana, OH
—
252
1,142
—
—
252
1,142
1,394
245
1991
08/15
25
Washington, OH
—
300
1,672
150
—
300
1,822
2,122
310
1990
08/15
30
Wilmington, OH
—
377
2,502
150
—
377
2,652
3,029
551
1973
08/15
25
Winchester, KY
—
348
1,325
—
—
348
1,325
1,673
237
2008
08/15
30
Xenia, OH
—
261
2,299
150
—
261
2,449
2,710
421
1986
08/15
30
Fuel Up:
Chambersburg, PA
—
76
197
—
—
76
197
273
151
1990
08/05
20
See accompanying report of independent registered public accounting firm.
F-48
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Investment the Company has Invested in Under Operating Leases:
Fuel-On:
Emporium, PA
—
380
569
—
—
380
569
949
437
1996
08/05
20
Johnsonburg, PA
—
781
504
—
—
781
504
1,285
387
1978
08/05
20
St. Marys, PA
—
274
261
—
—
274
261
535
201
1979
08/05
20
Houtzdale, PA
—
541
500
46
—
356
46
402
12
1977
01/06
15
Pittsburgh, PA
—
905
1,346
—
—
905
1,346
2,251
503
1967
01/06
40
Fuji Japanese Steakhouse:
Farmington, NM
—
2,757
—
773
—
2,757
773
3,530
237
2003
12/07
(o)
40
Furniture Bank:
Columbus, OH
—
1,596
934
239
—
1,605
1,165
2,770
432
1970
11/04
(o)
40
Furr's Family Dining:
Moore, OK
—
939
—
2,429
—
939
2,429
3,368
802
2007
03/07
(m)
40
Arlington, TX
—
1,061
—
1,594
—
1,061
1,594
2,655
407
2010
04/10
(m)
40
McAllen, TX
—
520
1,700
—
—
520
1,700
2,220
512
2004
12/11
30
FX Video Game Exchange:
Corpus Christi, TX
—
125
137
235
—
125
372
497
142
1967
11/93
40
Gander Outdoors:
Amarillo, TX
—
1,514
5,781
6,254
—
4,581
8,926
13,507
2,474
2004
11/04
(m)
40
DeForest, WI
—
2,798
10,953
3,303
—
2,787
14,216
17,003
3,920
2008
09/10
(m)
35
Springfield, IL
—
1,717
7,622
5,588
—
3,739
11,188
14,927
2,377
2009
09/10
(m)
35
Onalaska, WI
—
1,963
—
7,417
—
1,733
7,417
9,150
1,699
2011
10/10
(m)
40
Ocala, FL
—
3,315
8,908
645
—
3,315
9,553
12,868
2,662
2008
10/10
(m)
35
Bowling Green, KY
—
1,777
7,319
713
—
1,777
8,032
9,809
2,037
2007
07/11
(m)
35
Roanoke, VA
—
1,769
8,120
738
—
1,769
8,858
10,627
2,259
2008
07/11
(m)
35
Greenfield, IN
—
878
—
6,695
—
878
6,695
7,573
1,055
2014
12/13
(m)
40
Lakeville, MN
—
3,243
11,191
609
—
3,243
11,800
15,043
2,222
2003
03/15
(o)
30
Gate Petroleum:
Concord, NC
—
852
1,201
—
—
852
1,201
2,053
467
2001
06/05
40
See accompanying report of independent registered public accounting firm.
F-49
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Investment the Company has Invested in Under Operating Leases:
Rocky Mount, NC
—
259
1,164
—
—
259
1,164
1,423
452
2000
06/05
40
Gerber Collision:
Garner, NC
—
352
1,056
—
—
352
1,056
1,408
411
1972
03/13
20
Estero, FL
—
839
—
2,135
—
839
2,135
2,974
365
2015
10/14
(m)
30
Woodstock, GA
—
328
1,291
—
—
328
1,291
1,619
264
1990
11/14
30
Roswell, GA
—
958
—
1,920
—
961
1,920
2,881
445
2015
12/14
(m)
25
Tucson, AZ
—
330
1,746
—
—
330
1,746
2,076
297
2008
01/15
35
Tucson, AZ
—
242
1,518
—
—
242
1,518
1,760
302
2002
01/15
30
Kansas City, MO
—
727
834
—
—
727
834
1,561
57
1950
08/19
20
Daytona Beach, FL
—
647
1,689
—
—
647
1,689
2,336
93
1986
08/19
25
Woodstock, GA
—
210
785
—
—
210
785
995
33
1988
12/19
25
Pensacola, FL
—
640
—
—
—
640
(e)
640
(e)
(e)
02/20
(m)
(e)
Global:
Augusta, ME
—
234
1,384
—
—
234
1,384
1,618
251
1987
06/16
25
Bedford, NH
—
332
907
—
—
315
907
1,222
165
1980
06/16
25
Bridgeport, CT
—
331
1,762
—
—
331
1,762
2,093
320
1979
06/16
25
Derry, NH
—
176
1,044
—
—
176
1,044
1,220
190
1987
06/16
25
Dover, NH
—
497
926
—
—
497
926
1,423
140
2004
06/16
30
Epping, NH
—
798
1,363
—
—
798
1,363
2,161
206
1998
06/16
30
Exeter, NH
—
593
3,258
—
—
593
3,258
3,851
493
2001
06/16
30
Fitzwilliam, NH
—
146
2,404
—
—
146
2,404
2,550
437
1993
06/16
25
Gardner, MA
—
88
2,764
—
—
88
2,764
2,852
502
1968
06/16
25
Hanover, MA
—
380
1,131
—
—
380
1,131
1,511
205
1991
06/16
25
Johnston, RI
—
478
1,082
—
—
478
1,082
1,560
197
1992
06/16
25
Manchester, CT
—
584
1,869
—
—
584
1,869
2,453
340
1983
06/16
25
Middleton, MA
—
331
1,694
—
—
331
1,694
2,025
257
2001
06/16
30
Milford, MA
—
642
1,869
—
—
642
1,869
2,511
339
1972
06/16
25
Nashua, NH
—
351
1,160
—
—
351
1,160
1,511
211
1991
06/16
25
North Easton, MA
—
1,293
2,917
—
—
1,293
2,917
4,210
442
2005
06/16
30
Portland, ME
—
361
732
—
—
361
732
1,093
133
1987
06/16
25
Saugus, MA
—
885
3,209
—
—
885
3,209
4,094
486
1997
06/16
30
See accompanying report of independent registered public accounting firm.
F-50
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Investment the Company has Invested in Under Operating Leases:
Scarborough, ME
—
662
1,393
—
—
662
1,393
2,055
211
1998
06/16
30
Tewksbury, MA
—
449
839
—
—
418
839
1,257
127
2000
06/16
30
Townsend, MA
—
195
1,695
—
—
195
1,695
1,890
308
1983
06/16
25
Waltham, MA
—
467
1,995
—
—
467
1,995
2,462
362
1983
06/16
25
Warwick, RI
—
633
1,120
—
—
633
1,120
1,753
170
2004
06/16
30
Waterville, ME
—
49
1,112
—
—
49
1,112
1,161
202
1987
06/16
25
Westerly, RI
—
506
2,141
—
—
506
2,141
2,647
324
1998
06/16
30
Westerly, RI
—
351
1,830
—
—
351
1,830
2,181
333
1989
06/16
25
Westford, MA
—
448
1,072
—
—
448
1,072
1,520
162
1998
06/16
30
Weymouth, MA
—
214
1,802
—
—
214
1,802
2,016
327
1960
06/16
25
Wyoming, RI
—
409
1,276
—
—
409
1,276
1,685
193
1999
06/16
30
York, ME
—
175
2,812
—
—
175
2,812
2,987
511
1990
06/16
25
Golden Corral:
Lake Placid, FL
—
115
305
54
—
115
359
474
359
1985
05/85
35
Brandon, FL
—
1,188
1,339
—
—
1,188
1,339
2,527
637
1998
12/01
40
Temple Terrace, FL
—
1,330
1,391
—
—
1,330
1,391
2,721
662
1997
12/01
40
Davenport, IA
—
923
2,122
—
—
923
2,122
3,045
356
1998
02/15
35
Pensacola, FL
—
1,344
3,212
—
—
1,344
3,212
4,556
539
1999
02/15
35
Goodwill:
Sealy, TX
—
612
675
655
—
612
1,330
1,942
837
1982
03/99
40
Fort Worth, TX
—
988
2,368
32
—
988
2,401
3,389
946
1997
02/05
40
Goodyear Truck & Tire:
Anthony, TX
—
(l)
1,242
6
—
(l)
1,248
1,248
419
2007
02/07
40
Beaverdam, OH
—
(l)
1,521
—
—
(l)
1,521
1,521
518
2004
05/07
40
Benton, AR
—
(l)
309
—
—
(l)
309
309
104
2001
05/07
40
Bowman, SC
—
(l)
969
—
—
(l)
969
969
377
1998
05/07
35
Dalton, GA
—
(l)
1,541
—
—
(l)
1,541
1,541
525
2004
05/07
40
Dandridge, TN
—
(l)
1,030
—
—
(l)
1,030
1,030
401
1989
05/07
35
Franklin, OH
—
(l)
563
—
—
(l)
563
563
219
1998
05/07
35
Gary, IN
—
(l)
1,486
—
—
(l)
1,486
1,486
506
2004
05/07
40
See accompanying report of independent registered public accounting firm.
F-51
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Investment the Company has Invested in Under Operating Leases:
Georgetown, KY
—
(l)
679
—
—
(l)
679
679
308
1997
05/07
30
Port Wentworth, GA
—
(l)
552
—
—
(l)
552
552
215
1998
05/07
35
Valdosta, GA
—
(l)
1,477
—
—
(l)
1,477
1,477
503
2004
05/07
40
Temple, GA
—
(l)
1,065
—
—
(l)
1,065
1,065
349
2007
06/07
40
Whiteland, IN
—
(l)
1,471
—
—
(l)
1,471
1,471
495
2004
07/07
40
Urbandale, IA
—
(l)
816
—
—
(l)
816
816
275
1987
07/07
40
Robinson, TX
—
(l)
1,183
—
—
(l)
1,183
1,183
388
2007
07/07
40
Kearney, MO
—
(l)
1,269
—
—
(l)
1,269
1,269
427
2003
07/07
40
Oklahoma City, OK
—
(l)
1,247
—
—
(l)
1,247
1,247
401
2008
08/07
40
Amarillo, TX
—
(l)
1,158
—
—
(l)
1,158
1,158
363
2008
02/08
40
Jackson, MS
—
(l)
1,281
—
—
(l)
1,281
1,281
399
2008
03/08
40
Glendale, KY
—
(l)
1,066
—
—
(l)
1,066
1,066
325
2008
07/08
40
Lebanon, TN
—
(l)
1,331
—
—
(l)
1,331
1,331
401
2008
08/08
(p)
40
Laredo, TX
—
(l)
1,238
—
—
(l)
1,238
1,238
365
2009
11/08
(p)
40
Midland, TX
—
(l)
1,148
—
—
(l)
1,148
1,148
300
2010
04/10
(p)
40
Tuscaloosa, AL
—
(l)
1,002
—
—
(l)
1,002
1,002
252
2010
08/10
(p)
40
Kenly, NC
—
(l)
1,066
—
—
(l)
1,066
1,066
263
2011
11/10
(p)
40
Matthews, MO
—
(l)
1,042
50
—
(l)
1,092
1,092
260
2011
01/11
(p)
40
Baytown, TX
—
(l)
—
1,375
—
(l)
1,375
1,375
322
2011
05/11
(p)
40
Sunbury, OH
—
(l)
—
1,424
—
(l)
1,424
1,424
322
2011
06/11
(p)
40
Greenwood, LA
—
(l)
—
1,291
—
(l)
1,291
1,291
294
2011
06/11
(p)
40
Joplin, MO
—
(l)
—
1,168
—
(l)
1,168
1,168
267
2011
06/11
(p)
40
Winslow, AZ
—
(l)
—
1,613
—
(l)
1,613
1,613
358
2012
09/11
(p)
40
Gulfport, MS
—
(l)
—
1,377
—
(l)
1,377
1,377
300
2012
11/11
(p)
40
Sulphur Springs, TX
—
(l)
—
1,283
—
(l)
1,283
1,283
277
2012
12/11
(p)
40
Walcott, IA
—
(l)
—
1,673
—
(l)
1,673
1,673
214
2015
07/15
(p)
40
S. Beloit, IL
—
(l)
—
1,927
—
(l)
1,927
1,927
235
2016
08/15
(p)
40
Eloy, AZ
—
(l)
—
1,739
—
(l)
1,739
1,739
212
2016
10/15
(p)
40
Great Clips:
Swansea, IL
—
46
132
157
—
46
290
336
89
1997
12/01
(g)
40
Lapeer, MI
—
27
194
—
—
27
184
211
63
2007
10/05
40
See accompanying report of independent registered public accounting firm.
F-52
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Investment the Company has Invested in Under Operating Leases:
Guitar Center:
Roseville, MN
—
1,599
1,419
23
—
1,599
1,442
3,041
539
1994
08/06
40
H&R Block:
Swansea, IL
—
46
132
69
—
46
201
247
143
1997
12/01
40
Bristol, VA
—
63
184
40
—
63
224
287
56
2000
07/14
25
Harbor Freight Tools:
Federal Way, WA
—
2,037
1,662
607
—
2,037
2,269
4,306
1,124
1994
06/98
40
Gastonia, NC
—
994
1,513
193
—
994
1,706
2,700
652
2004
12/04
40
Plainfield, IN
—
503
—
1,691
—
503
1,691
2,194
322
1972
12/14
(o)
30
Houma, LA
—
1,037
—
3,362
—
1,037
3,362
4,399
319
2016
08/16
(m)
40
McKinney, TX
—
1,040
—
2,551
—
1,040
2,551
3,591
221
2017
01/17
(m)
40
Marion, IN
—
493
—
1,697
—
493
1,693
2,186
129
2017
08/17
(m)
40
Sandusky, OH
—
999
—
1,296
—
999
1,296
2,295
74
2018
04/18
(m)
40
Casa Grande, AZ
—
1,963
1,206
—
—
1,963
1,206
3,169
138
1976
09/18
20
Hillsboro, OH
—
541
2,412
—
—
541
2,412
2,953
221
1978
09/18
25
Howell, MI
—
737
2,828
—
—
737
2,828
3,565
259
1993
09/18
25
Lake City, FL
—
767
2,567
—
—
767
2,567
3,334
168
2014
09/18
35
Morristown, TN
—
657
2,290
—
—
657
2,290
2,947
150
2015
09/18
35
Palm Harbor, FL
—
1,948
2,216
—
—
1,941
2,216
4,157
169
1980
09/18
30
Reynoldsburg, OH
—
767
3,502
—
—
767
3,502
4,269
229
2014
09/18
35
Rogers, AR
—
448
2,052
—
—
448
2,052
2,500
157
1997
09/18
30
Sebring, FL
—
519
2,350
—
—
519
2,350
2,869
180
1980
09/18
30
Steubenville, OH
—
748
2,162
—
—
748
2,162
2,910
198
1999
09/18
25
Troy, OH
—
685
2,750
—
—
685
2,750
3,435
210
2006
09/18
30
Warren, OH
—
332
2,960
—
—
332
2,960
3,292
194
2013
09/18
35
Zanesville, OH
—
913
2,202
—
—
913
2,202
3,115
144
2014
09/18
35
Louisville, KY
—
970
—
1,943
—
970
1,943
2,913
71
2019
11/18
(m)
40
Defiance, OH
—
515
2,435
—
—
515
2,435
2,950
125
2017
03/19
35
Henderson, NV
—
577
2,653
34
—
577
2,688
3,265
159
1961
03/19
30
Las Vegas, NV
—
1,152
3,870
—
—
1,152
3,870
5,022
231
1991
03/19
30
Cranberry, PA
—
631
2,870
—
—
631
2,870
3,501
177
2000
06/19
25
La Mirada, CA
—
3,670
3,304
—
—
3,670
3,304
6,974
204
1999
06/19
25
See accompanying report of independent registered public accounting firm.
F-53
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Investment the Company has Invested in Under Operating Leases:
Monaca, PA
—
698
3,365
—
—
698
3,365
4,063
173
2004
06/19
30
Van Nuys, CA
—
2,889
2,618
—
—
2,889
2,618
5,507
161
1978
06/19
25
Los Lunas, NM
—
330
2,428
—
—
330
2,428
2,758
83
2019
08/19
40
Bay City, MI
—
819
—
1,375
—
819
1,375
2,194
16
2020
10/19
(m)
(k)
Marble Falls, TX
—
551
1,792
—
—
551
1,792
2,343
57
2004
01/20
30
Hardee's:
Savannah, TN
—
151
713
—
—
151
713
864
209
1988
02/15
20
Warrenton, NC
—
143
633
—
—
143
633
776
124
1960
02/15
30
Havertys Furniture:
Pensacola, FL
—
633
1,595
66
—
603
1,661
2,264
998
1994
06/96
40
Bowie, MD
—
1,966
4,221
—
—
1,966
4,221
6,187
2,353
1997
12/97
39
Healthy Pet:
Suwanee, GA
—
175
1,038
—
—
175
1,038
1,213
365
1997
12/06
40
Colonial Heights, VA
—
160
746
—
—
160
746
906
260
1996
01/07
40
Hear USA:
Lapeer, MI
—
29
211
—
—
29
201
230
68
2007
10/05
40
Heartland Dental:
Greer, SC
—
399
—
1,435
—
399
1,435
1,834
121
2017
05/17
(m)
40
Columbia, SC
—
275
655
—
—
275
655
930
25
1995
01/20
25
Herc Rentals:
Anaheim, CA
—
6,156
1,214
—
—
6,156
1,214
7,370
130
2005
10/17
30
Arden, NC
—
359
1,286
—
—
359
1,286
1,645
137
1992
10/17
30
Athens, GA
—
255
2,039
—
—
255
2,039
2,294
262
1977
10/17
25
Augusta, GA
—
360
1,069
—
—
360
1,069
1,429
114
1999
10/17
30
Austin, TX
—
2,215
1,517
—
—
2,215
1,517
3,732
162
2002
10/17
30
Baltimore, MD
—
283
1,484
—
—
283
1,484
1,767
190
1984
10/17
25
Beaumont, TX
—
822
624
—
—
822
624
1,446
67
1989
10/17
30
Boston, MA
—
4,536
2,964
—
—
4,536
2,964
7,500
380
1960
10/17
25
See accompanying report of independent registered public accounting firm.
F-54
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Investment the Company has Invested in Under Operating Leases:
Carson, CA
—
5,646
3,764
—
—
5,646
3,764
9,410
403
2002
10/17
30
Charlotte, NC
—
389
626
—
—
389
626
1,015
80
1964
10/17
25
Cincinnati, OH
—
453
1,842
—
—
453
1,842
2,295
236
1971
10/17
25
Columbus, OH
—
483
1,051
—
—
483
1,051
1,534
135
1968
10/17
25
Deer Park, TX
—
443
1,953
—
—
443
1,953
2,396
209
1984
10/17
30
Fayetteville, NC
—
311
2,038
—
—
311
2,038
2,349
262
1981
10/17
25
Foothill Ranch, CA
—
3,484
1,799
—
—
3,484
1,799
5,283
192
2003
10/17
30
Gilbert, AZ
—
839
1,754
—
—
839
1,754
2,593
188
1997
10/17
30
Greensboro, NC
—
351
843
—
—
351
843
1,194
90
1988
10/17
30
Henderson, CO
—
877
1,414
—
—
877
1,414
2,291
151
2005
10/17
30
Houston, TX
—
417
596
—
—
417
596
1,013
77
1972
10/17
25
Lakeland, FL
—
802
1,264
—
—
802
1,264
2,066
135
1998
10/17
30
Las Vegas, NV
—
1,845
4,999
—
—
1,845
4,999
6,844
641
1975
10/17
25
Little Rock, AR
—
463
1,342
—
—
463
1,342
1,805
172
1974
10/17
25
Macon, GA
—
275
731
—
—
275
731
1,006
78
1999
10/17
30
Miami, FL
—
3,041
1,469
—
—
3,041
1,469
4,510
188
1970
10/17
25
Norcross, GA
—
692
464
—
—
692
464
1,156
60
1969
10/17
25
Oklahoma City, OK
—
416
1,295
—
—
416
1,295
1,711
166
1983
10/17
25
Orlando, FL
—
707
2,318
—
—
707
2,318
3,025
248
1998
10/17
30
Pensacola, FL
—
180
851
—
—
180
851
1,031
91
1985
10/17
30
Phoenix, AZ
—
511
814
—
—
511
814
1,325
104
1976
10/17
25
Raleigh, NC
—
622
2,018
—
—
622
2,018
2,640
259
1965
10/17
25
Richland, MS
—
208
1,268
—
—
208
1,268
1,476
136
1996
10/17
30
Riviera Beach, FL
—
1,130
3,380
—
—
1,130
3,380
4,510
310
2007
10/17
35
Roseville, CA
—
1,233
5,544
—
—
1,233
5,544
6,777
593
2002
10/17
30
San Diego, CA
—
3,407
4,283
—
—
3,407
4,283
7,690
550
1977
10/17
25
Sarasota, FL
—
443
1,377
—
—
443
1,377
1,820
177
1959
10/17
25
Savannah, GA
—
426
758
—
—
426
758
1,184
81
1989
10/17
30
Springdale, AR
—
702
323
—
—
702
323
1,025
34
1996
10/17
30
Springfield, MO
—
199
1,078
—
—
199
1,078
1,277
138
1971
10/17
25
Tampa, FL
—
490
2,026
—
—
490
2,026
2,516
260
1966
10/17
25
See accompanying report of independent registered public accounting firm.
F-55
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Investment the Company has Invested in Under Operating Leases:
Texas City, TX
—
539
700
—
—
539
700
1,239
90
1972
10/17
25
Virginia Beach, VA
—
463
1,398
—
—
463
1,398
1,861
150
1986
10/17
30
West Sacramento, CA
—
575
2,302
—
—
575
2,302
2,877
246
1987
10/17
30
Kansas City, MO
—
1,009
4,121
—
—
1,009
4,121
5,130
337
1962
12/18
25
Hobby Lobby:
Beavercreek, OH
—
1,837
—
3,790
—
1,926
3,701
5,627
466
2015
08/15
(m)
40
Home Depot:
Sunrise, FL
—
5,149
—
—
—
5,149
(i)
5,149
(i)
(i)
05/03
(i)
HomeGoods:
Fairfax, VA
—
523
756
1,699
—
971
2,455
3,426
1,213
1995
12/95
40
Hometown Urgent Care:
Warren, OH
—
562
468
100
—
562
568
1,130
252
1997
12/01
40
Hooters:
Tampa, FL
—
784
505
450
—
784
955
1,739
328
1993
12/01
40
Humana:
Sunrise, FL
—
800
253
—
—
800
253
1,053
105
1984
05/04
40
Hy-Vee:
St. Joseph, MO
—
1,580
2,849
—
—
1,580
2,849
4,429
1,303
1991
09/02
40
Insurance Auto Auctions:
New Orleans, LA
—
1,445
—
4,123
—
1,445
3,987
5,432
969
1993
06/13
(o)
30
E Dundee, IL
—
2,772
—
8,320
—
2,772
8,320
11,092
1,248
2014
01/14
(m)
40
Bergen, NY
—
762
—
5,024
—
762
5,024
5,786
508
2016
08/15
(m)
40
Eminence, KY
—
724
4,928
—
—
724
4,928
5,652
604
2015
09/16
35
Meridian, ID
—
1,076
—
4,048
—
1,076
4,048
5,124
477
2006
10/16
(o)
35
Flint, MI
—
1,049
—
7,865
—
1,049
7,865
8,914
382
2018
10/16
(m)
40
See accompanying report of independent registered public accounting firm.
F-56
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Investment the Company has Invested in Under Operating Leases:
Int'l House of Pancakes:
Midwest City, OK
—
407
—
—
—
407
(i)
407
(i)
(i)
11/00
(i)
Ankeny, IA
—
693
515
—
—
693
515
1,208
267
2002
06/05
30
ISD Renal:
Corpus Christi, TX
—
406
4,036
—
—
406
4,036
4,442
1,216
1978
12/11
30
Kendallville, IN
—
66
2,748
—
—
66
2,748
2,814
710
2007
12/11
35
Memphis, TN
—
283
4,146
—
—
283
4,146
4,429
1,249
2001
12/11
30
Memphis, TN
—
180
3,223
—
—
180
3,223
3,403
971
2002
12/11
30
J & J Insurance:
Hollywood, FL
—
398
90
74
—
243
37
280
13
1960
12/05
15
Jack in the Box:
Plano, TX
—
1,055
1,237
—
—
1,055
1,237
2,292
480
2001
06/05
40
Mansfield, TX
—
808
—
508
—
808
508
1,316
67
2015
06/15
(m)
40
Jack's:
Blounstville, AL
—
435
1,543
—
—
435
1,543
1,978
268
1997
10/15
30
Centre, AL
—
128
2,648
—
—
128
2,648
2,776
394
2006
10/15
35
Collinsville, AL
—
119
1,968
—
—
119
1,968
2,087
410
1994
10/15
25
Demopolis, AL
—
208
1,514
—
—
208
1,514
1,722
225
2007
10/15
35
Geraldine, AL
—
119
2,125
—
—
119
2,125
2,244
369
1998
10/15
30
Guin, AL
—
89
1,652
—
—
89
1,652
1,741
287
1999
10/15
30
Hanceville, AL
—
544
1,779
—
—
544
1,779
2,323
309
2002
10/15
30
Holly Pond, AL
—
119
2,056
—
—
119
2,056
2,175
357
2000
10/15
30
Jasper, AL
—
247
2,549
—
—
247
2,549
2,796
531
1983
10/15
25
Ohatchee, AL
—
119
1,938
—
—
119
1,938
2,057
336
1995
10/15
30
Scottsboro, AL
—
247
1,494
—
—
247
1,494
1,741
222
2006
10/15
35
Fyffe, AL
—
95
1,657
—
—
95
1,657
1,752
260
2001
04/16
30
Lafayette, AL
—
209
1,989
—
—
209
1,989
2,198
375
1987
04/16
25
Pinson, AL
—
228
2,453
—
—
228
2,453
2,681
385
1994
04/16
30
Addison, AL
—
261
1,586
—
—
261
1,586
1,847
89
2018
01/19
35
Moulton, AL
—
261
1,586
—
—
261
1,586
1,847
89
2018
01/19
35
Greensboro, AL
—
193
1,672
—
—
193
1,672
1,865
44
2019
12/19
40
See accompanying report of independent registered public accounting firm.
F-57
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Investment the Company has Invested in Under Operating Leases:
Section, AL
—
213
1,643
—
—
213
1,643
1,856
43
2019
12/19
40
Jared Jewelers:
Richmond, VA
—
955
1,336
—
—
955
1,336
2,291
636
1998
12/01
40
Brandon, FL
—
1,197
1,182
—
—
1,197
1,182
2,379
551
2001
05/02
40
Lithonia, GA
—
1,271
1,216
—
—
1,271
1,216
2,487
567
2001
05/02
40
Houston, TX
—
1,676
1,440
—
—
1,637
1,433
3,070
651
1999
12/02
40
Oviedo, FL
—
1,328
1,500
—
—
1,328
868
2,196
153
1998
06/13
30
JC Nails Salon:
Lapeer, MI
—
37
264
—
—
37
251
288
85
2007
10/05
40
Jiffi Stop:
Barry, IL
—
48
1,194
—
—
48
1,194
1,242
201
1984
10/16
25
Bowen, IL (n)
—
39
744
—
—
39
744
783
104
1999
10/16
30
Carrollton, IL
—
48
1,319
—
—
48
1,319
1,367
222
1986
10/16
25
Griggsville, IL
—
29
801
—
—
29
801
830
135
1983
10/16
25
Jacksonville, IL
—
854
4,251
—
—
854
4,251
5,105
511
2010
10/16
35
Pittsfield, IL
—
19
581
—
—
19
581
600
98
1947
10/16
25
Pleasant Hill, IL
—
87
753
—
—
87
753
840
127
1980
10/16
25
Quincy, IL
—
596
2,056
—
—
596
2,056
2,652
288
2003
10/16
30
Quincy, IL
—
183
1,539
—
—
183
1,539
1,722
216
2002
10/16
30
Quincy, IL
—
58
676
—
—
58
676
734
114
1994
10/16
25
Springfield, IL
—
231
1,625
—
—
231
1,625
1,856
228
1999
10/16
30
Springfield, IL
—
192
2,593
—
—
192
2,593
2,785
437
1993
10/16
25
Springfield, IL
—
288
2,411
—
—
288
2,411
2,699
406
1992
10/16
25
Springfield, IL
—
518
3,782
—
—
518
3,782
4,300
637
1995
10/16
25
Taylor, MO
—
39
945
—
—
39
945
984
159
1982
10/16
25
Jiffy Lube:
Auburn, MA
—
455
856
—
—
455
856
1,311
158
1988
07/14
35
Ayer, MA
—
326
792
—
—
326
792
1,118
171
1989
07/14
30
Barrington, IL
—
371
612
—
—
371
612
983
132
1986
07/14
30
Berwyn, IL
—
359
709
—
—
359
709
1,068
131
1985
07/14
35
Bolingbrook, IL
—
185
562
—
—
185
562
747
121
1986
07/14
30
See accompanying report of independent registered public accounting firm.
F-58
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Investment the Company has Invested in Under Operating Leases:
Burbank, IL
—
156
418
—
—
156
418
574
135
1986
07/14
20
Plattsburgh, NY
—
127
421
—
—
127
421
548
109
1993
07/14
25
Romeoville, IL
—
158
557
—
—
158
557
715
120
1988
07/14
30
Worcester, MA
—
287
827
—
—
287
827
1,114
153
1988
07/14
35
Jin's Asian Cafe:
Sealy, TX
—
67
74
1
—
67
75
142
72
1982
03/99
40
Jo-Ann etc:
Corpus Christi, TX
—
818
896
71
—
818
967
1,785
634
1967
11/93
40
St. Peters, MO
—
1,741
5,406
1,233
—
1,741
6,639
8,380
2,443
2005
06/05
(g)
40
Joe Hudson's Collision Center:
Birmingham, AL
—
469
2,081
—
—
469
2,081
2,550
191
1987
09/18
25
Hampton Cove, AL
—
555
—
1,734
—
555
1,734
2,289
52
2019
03/19
(m)
40
Statesboro, GA
—
449
1,260
—
—
449
1,260
1,709
90
2001
03/19
25
Port Richey, FL
—
278
407
—
—
278
407
685
24
1971
07/19
25
Louisville, KY
—
677
1,747
—
—
677
1,747
2,424
73
1979
12/19
25
Cullman, AL
—
359
—
1,532
—
359
1,532
1,891
8
2020
02/20
(m)
40
Just 4 Dogs Pet Salon:
Orlando, FL
—
37
101
6
—
37
107
144
35
2001
02/04
40
Kangaroo Express:
Carthage, NC
—
485
354
—
—
485
354
839
127
1989
08/06
40
Sanford, NC
—
1,638
1,371
—
—
1,638
1,371
3,009
493
2003
08/06
40
Sanford, NC
—
666
661
—
—
666
661
1,327
237
2000
08/06
40
Siler City, NC
—
586
645
—
—
586
645
1,231
232
1998
08/06
40
West End, NC
—
426
516
—
—
397
516
913
185
1999
08/06
40
Belleview, FL
—
471
1,451
—
—
471
1,451
1,922
522
2006
08/06
40
Jacksonville Beach, FL
—
683
1,362
—
—
683
1,362
2,045
489
1969
08/06
40
Jacksonville, FL
—
807
1,239
—
—
807
1,239
2,046
445
1975
08/06
40
Destin, FL
—
1,366
1,192
—
—
1,366
1,192
2,558
426
2000
09/06
40
Niceville, FL
—
1,434
1,124
—
—
1,434
1,124
2,558
402
2000
09/06
40
See accompanying report of independent registered public accounting firm.
F-59
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Investment the Company has Invested in Under Operating Leases:
Kill Devil Hills, NC
—
679
552
—
—
679
552
1,231
196
1990
10/06
40
Kill Devil Hills, NC
—
490
741
—
—
490
741
1,231
263
1995
10/06
40
Interlachen, FL
—
519
1,500
—
—
519
1,500
2,019
480
2007
10/06
40
Clarksville, TN
—
276
955
—
—
276
955
1,231
335
1999
12/06
40
Clarksville, TN
—
521
710
—
—
521
710
1,231
249
1999
12/06
40
Gallatin, TN (n)
—
474
757
—
—
474
757
1,231
265
1999
12/06
40
Midland City, AL
—
729
2,538
—
—
729
2,538
3,267
891
2006
12/06
40
Naples, FL
—
3,195
1,403
—
—
2,985
1,403
4,388
493
2001
12/06
40
Columbiana, AL
—
771
989
—
—
771
989
1,760
345
1982
01/07
40
Naples, FL
—
3,162
1,597
—
—
3,162
1,597
4,759
554
1995
02/07
40
Longs, SC
—
745
758
—
—
745
758
1,503
261
2001
03/07
40
Kentwood, LA
—
985
891
—
—
985
891
1,876
307
2001
03/07
40
Dothan, AL
—
774
1,886
—
—
774
1,886
2,660
650
2007
03/07
40
Naples, FL
—
2,412
1,589
—
—
2,412
1,589
4,001
541
2000
05/07
40
Cary, NC
—
1,314
2,125
—
—
1,314
2,125
3,439
710
2007
08/07
40
Havelock, NC
—
170
681
—
—
170
681
851
147
1962
07/14
30
KARM Home Store:
Knoxville, TN
—
467
735
—
—
467
735
1,202
403
1999
01/98
(f)
40
Kay Jeweler's:
Farmington, MO
—
654
—
962
—
654
962
1,616
77
2017
07/17
(m)
40
Keg Steakhouse:
Lynnwood, WA
—
1,256
649
—
—
1,256
649
1,905
309
1992
12/01
40
Kent Kwik:
Midland, TX
—
126
3,181
—
—
126
3,181
3,307
217
1983
04/19
25
Odessa, TX
—
145
2,815
—
—
145
2,815
2,960
192
1976
04/19
25
Midland, TX
—
233
2,140
—
—
233
2,140
2,373
4
1995
12/20
25
Midland, TX
—
243
2,393
—
—
243
2,393
2,636
3
2014
12/20
35
See accompanying report of independent registered public accounting firm.
F-60
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Investment the Company has Invested in Under Operating Leases:
KFC:
Fenton, MO
—
307
496
—
—
307
496
803
430
1985
07/92
33
Erie, PA
—
517
496
—
—
517
496
1,013
236
1996
12/01
40
Marysville, WA
—
647
546
—
—
647
546
1,193
260
1996
12/01
40
Hampton, VA
—
251
1,173
—
—
251
1,173
1,424
318
2001
11/12
30
Mechanicsville, VA
—
482
422
—
—
394
422
816
137
1989
11/12
25
Newport News, VA
—
572
442
—
—
572
442
1,014
144
1986
11/12
25
Newport News, VA
—
582
392
—
—
582
392
974
127
1985
11/12
25
Newport News, VA
—
461
883
—
—
461
883
1,344
239
2001
11/12
30
Richmond, VA
—
552
532
—
—
552
532
1,084
173
1984
11/12
25
Richmond, VA
—
481
1,253
—
—
481
1,253
1,734
407
1990
11/12
25
Richmond, VA
—
532
472
—
—
532
472
1,004
153
1986
11/12
25
Richmond, VA
—
452
452
—
—
452
452
904
147
1984
11/12
25
Richmond, VA
—
492
452
—
—
492
452
944
105
2003
11/12
35
Virginia Beach, VA
—
402
482
—
—
402
482
884
157
1984
11/12
25
Ahoskie, NC
—
393
1,012
—
—
393
1,012
1,405
285
1988
12/13
25
Elizabeth City, NC
—
197
1,209
—
—
197
1,209
1,406
340
1988
12/13
25
Brownsville, TX
—
334
865
—
—
334
865
1,199
241
1990
01/14
25
Brownsville, TX
—
404
374
—
—
404
374
778
74
2003
01/14
35
Copperas Cove, TX
—
256
747
—
—
256
747
1,003
173
2001
01/14
30
Del Rio, TX
—
453
246
—
—
453
246
699
57
1995
01/14
30
Eagle Pass, TX
—
226
1,071
—
—
226
1,071
1,297
298
1992
01/14
25
Edinburg, TX
—
452
1,237
—
—
452
1,237
1,689
287
1996
01/14
30
Harker Heights, TX
—
275
1,218
—
—
275
1,218
1,493
242
2008
01/14
35
Harlingen, TX
—
128
1,708
—
—
128
1,708
1,836
475
1992
01/14
25
Jacksonville, TX
—
69
562
—
—
69
562
631
156
1985
01/14
25
Killeen, TX
—
226
1,228
—
—
226
1,228
1,454
285
1993
01/14
30
Laredo, TX
—
265
1,580
—
—
265
1,580
1,845
367
1996
01/14
30
Marshall, TX
—
89
709
—
—
89
709
798
197
1985
01/14
25
McAllen, TX
—
491
1,051
—
—
491
1,051
1,542
292
1987
01/14
25
Mission, TX
—
137
1,404
—
—
137
1,404
1,541
326
1993
01/14
30
Palestine, TX
—
89
484
—
—
89
484
573
135
1996
01/14
25
Pharr, TX
—
167
581
—
—
167
581
748
135
1999
01/14
30
Rio Grande City, TX
—
256
394
—
—
256
394
650
78
2004
01/14
35
See accompanying report of independent registered public accounting firm.
F-61
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Investment the Company has Invested in Under Operating Leases:
S Padre Island, TX
—
856
30
—
—
856
30
886
7
1994
01/14
30
San Benito, TX
—
177
503
—
—
177
503
680
117
1994
01/14
30
Temple, TX
—
246
1,188
—
—
246
1,188
1,434
331
1985
01/14
25
Tyler, TX
—
709
30
—
—
709
30
739
7
1994
01/14
30
Waco, TX
—
463
246
—
—
463
246
709
57
1993
01/14
30
Waco, TX
—
276
620
—
—
276
620
896
173
1984
01/14
25
Weslaco, TX
—
236
1,561
—
—
236
1,561
1,797
362
1995
01/14
30
Belton, MO
—
267
744
—
—
267
744
1,011
118
1987
06/15
35
Cameron, MO
—
229
1,143
—
—
229
1,143
1,372
211
1999
06/15
30
Columbia, MO
—
343
839
—
—
343
839
1,182
155
1987
06/15
30
Excelsior Springs, MO
—
286
1,219
—
—
286
1,219
1,505
270
1988
06/15
25
Ft Pierce, FL
—
591
695
—
—
591
695
1,286
128
2004
06/15
30
Ft Pierce, FL
—
363
487
—
—
363
487
850
90
1992
06/15
30
Lake Wales, FL
—
162
1,561
—
—
162
1,561
1,723
346
1986
06/15
25
Oak Grove, MO
—
209
1,323
—
—
209
1,323
1,532
244
2003
06/15
30
Port St Lucie, FL
—
695
857
—
—
695
857
1,552
158
1998
06/15
30
Port St Lucie, FL
—
723
1,740
—
—
723
1,740
2,463
276
2006
06/15
35
Sebastian, FL
—
409
1,123
—
—
409
1,123
1,532
208
2000
06/15
30
Vero Beach, FL
—
428
1,218
—
—
412
1,218
1,630
225
2004
06/15
30
Lisle, IL
—
499
1,314
—
—
499
1,314
1,813
232
2000
09/15
30
Lockport, IL
—
499
1,085
—
—
499
1,085
1,584
191
2007
09/15
30
Sandwich, IL
—
86
1,143
—
—
86
1,143
1,229
202
1999
09/15
30
Yorkville, IL
—
413
960
—
—
399
960
1,359
203
1972
09/15
25
Chillicothe, OH
—
327
1,818
—
—
288
1,779
2,067
121
2007
12/18
30
Circleville, OH
—
375
1,885
—
—
375
1,885
2,260
110
2008
12/18
35
Findlay, OH
—
337
1,645
—
—
337
1,645
1,982
112
2007
12/18
30
Florence, KY
—
519
2,077
—
—
519
2,077
2,596
170
1985
12/18
25
Hillsboro, OH
—
87
2,077
—
—
87
2,077
2,164
141
1991
12/18
30
Marysville, OH
—
164
1,924
—
—
164
1,924
2,088
131
2007
12/18
30
New Boston, OH
—
96
2,183
—
—
96
2,183
2,279
149
1991
12/18
30
Taylor Mill, KY
—
269
1,645
—
—
269
1,645
1,914
84
1993
12/18
40
Wilmington, OH
—
48
1,877
—
—
48
1,877
1,925
153
1986
12/18
25
Jackson, OH
—
463
1,590
—
—
463
1,590
2,053
81
2017
03/19
35
Bedford, IN
—
196
664
—
—
196
664
860
28
1987
12/19
25
Chicopee, MA
—
205
1,407
—
—
205
1,407
1,612
59
1984
12/19
25
See accompanying report of independent registered public accounting firm.
F-62
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Investment the Company has Invested in Under Operating Leases:
Jeffersonville, IN
—
75
1,048
—
—
75
1,048
1,123
36
1989
12/19
30
Louisville, KY
—
271
505
—
—
271
505
776
18
2004
12/19
30
Louisville, KY
—
187
1,073
—
—
187
1,073
1,260
45
1976
12/19
25
Louisville, KY
—
308
1,175
—
—
308
1,175
1,483
41
2005
12/19
30
Louisville, KY
—
261
971
—
—
261
971
1,232
40
1974
12/19
25
Madison, IN
—
140
1,027
—
—
140
1,027
1,167
43
1974
12/19
25
New Albany, IN
—
401
672
—
—
401
672
1,073
28
1986
12/19
25
New Albany, IN
—
337
393
—
—
337
393
730
12
2007
12/19
35
North Vernon, IN
—
112
683
—
—
112
683
795
24
1991
12/19
30
Washington, IN
—
56
1,055
—
—
56
1,055
1,111
44
1986
12/19
25
Kohl's:
Florence, AL
—
818
1,047
—
—
818
698
1,516
283
2006
06/04
40
Kroger:
Elkhart, IN
—
541
1,550
472
—
670
1,894
2,564
772
1979
07/14
15
Kum & Go:
Omaha, NE
—
393
214
—
—
393
214
607
167
1979
06/05
20
Kwik Pik:
Bear Creek, PA
—
191
230
—
—
191
230
421
177
1980
08/05
20
Bradford, PA
—
184
762
—
—
184
762
946
585
1983
08/05
20
Coraopolis, PA
—
476
347
—
—
476
347
823
267
1983
08/05
20
Bear Creek Township,
PA
—
689
275
—
—
689
275
964
210
1980
09/05
20
Beech Creek, PA
—
477
613
—
—
477
613
1,090
229
1988
01/06
40
Canisteo, NY
—
142
485
—
—
142
485
627
181
1983
01/06
40
Curwensville, PA
—
226
608
—
—
226
608
834
227
1983
01/06
40
Ellwood City, PA
—
196
526
—
—
196
526
722
197
1987
01/06
40
Hastings, PA
—
199
455
—
—
199
455
654
170
1989
01/06
40
Jersey Shore, PA
—
515
381
—
—
515
381
896
143
1960
01/06
40
Leeper, PA
—
286
644
—
—
286
644
930
241
1987
01/06
40
Lewisberry, PA
—
412
534
—
—
412
534
946
200
1988
01/06
40
Mercersburg, PA
—
672
746
—
—
672
746
1,418
279
1988
01/06
40
See accompanying report of independent registered public accounting firm.
F-63
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Investment the Company has Invested in Under Operating Leases:
New Florence, PA
—
298
812
—
—
298
812
1,110
304
1989
01/06
40
Newstead, NY
—
255
835
—
—
255
835
1,090
312
1990
01/06
40
Philipsburg, PA
—
428
269
—
—
428
269
697
101
1978
01/06
40
Plainfield, PA
—
244
383
—
—
244
383
627
143
1988
01/06
40
Reynoldsville, PA
—
113
328
—
—
113
328
441
123
1983
01/06
40
Port Royal, PA
—
238
635
—
—
238
635
873
459
1989
07/06
20
LA Fitness:
Little Rock, AR
—
3,113
2,660
4,125
—
3,113
6,785
9,898
2,393
1997
09/98
40
Sarasota, FL
—
471
1,344
4,450
—
471
5,794
6,265
1,778
1983
03/99
(g)
40
Centerville, OH
—
2,700
—
8,572
—
2,700
8,572
11,272
2,473
2009
06/08
(m)
40
Warren, MI
—
2,360
—
6,674
—
2,360
6,674
9,034
1,967
2009
07/08
(m)
40
Cincinnati, OH
—
5,145
—
9,011
—
5,145
9,011
14,156
2,600
2009
08/08
(m)
40
Indianapolis, IN
—
1,599
—
5,867
—
1,762
5,870
7,632
1,522
2010
01/10
(m)
40
Laveen, AZ
—
1,665
—
5,749
—
1,665
5,749
7,414
1,467
2010
02/10
(m)
40
Kennesaw, GA
—
3,653
—
3,325
—
3,653
3,325
6,978
828
2011
07/10
(m)
40
Arlington, TX
—
1,166
6,214
12
—
1,166
6,226
7,392
1,769
2007
01/11
35
Hurst, TX
—
1,494
6,187
—
—
1,494
6,187
7,681
1,672
2008
07/11
35
South Plainfield, NJ
—
2,415
6,592
—
—
2,415
6,592
9,007
1,609
2006
06/12
35
McDonough, GA
—
1,503
6,727
—
—
1,503
6,727
8,230
1,594
2008
09/12
35
Greensburg, PA
—
1,791
7,015
—
—
1,791
7,015
8,806
1,410
2012
12/12
40
Indianapolis, IN
—
1,651
6,585
—
—
1,651
6,585
8,236
1,324
2012
12/12
40
Phoenix, AZ
—
1,601
6,540
—
—
1,601
6,540
8,141
1,315
2012
12/12
40
Tampa, FL
—
4,492
10,894
—
—
4,486
10,894
15,380
2,190
2012
12/12
40
West Dundee, IL
—
1,961
6,525
—
—
1,961
6,525
8,486
1,312
2012
12/12
40
Irving, TX
—
3,636
7,326
—
—
3,636
7,326
10,962
1,596
2006
05/13
35
Royal Oak, MI
—
3,238
8,998
—
—
3,238
8,998
12,236
1,875
2010
09/13
35
St. Louis Park, MN
—
3,436
8,665
42
—
3,478
8,665
12,143
1,751
2009
12/13
35
Pompano Beach, FL
—
7,009
—
9,572
—
7,009
9,572
16,581
1,190
2015
12/14
(m)
40
San Antonio, TX
—
2,084
—
7,157
—
2,081
7,157
9,238
872
2016
02/15
(m)
40
Antioch, CA
—
2,521
—
8,510
—
2,521
8,510
11,031
1,019
2016
06/15
(m)
40
Plymouth, MI
—
1,646
—
7,820
—
1,646
7,820
9,466
986
2015
06/15
(m)
40
Tacoma, WA
—
846
—
7,331
—
846
7,331
8,177
893
2016
07/15
(m)
40
Round Rock, TX
—
1,556
—
7,205
—
1,556
7,205
8,761
683
2017
04/16
(m)
40
Roswell, GA
—
3,175
—
8,726
—
3,175
8,726
11,901
773
2017
10/16
(m)
40
See accompanying report of independent registered public accounting firm.
F-64
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Investment the Company has Invested in Under Operating Leases:
Cordova, TN
—
2,391
—
7,085
—
2,391
7,085
9,476
568
2017
12/16
(m)
40
Lakeland, FL
—
1,856
—
7,004
—
1,856
7,004
8,860
533
2017
12/16
(m)
40
Livonia, MI
—
2,729
—
8,116
—
2,729
8,116
10,845
516
2018
08/17
(m)
40
LaPetite Academy:
Albuquerque, NM
—
332
1,166
—
—
332
1,166
1,498
251
1989
07/14
30
Ft. Worth, TX
—
140
383
—
—
140
383
523
165
1981
07/14
15
Moore, OK
—
119
412
—
—
119
412
531
178
1982
07/14
15
Oklahoma City, OK
—
100
391
—
—
100
391
491
168
1982
07/14
15
Last Stop West:
Azle, TX
—
648
859
—
—
648
859
1,507
291
1970
06/07
40
Life Time Fitness:
Mt. Laurel, NJ
—
3,617
39,878
—
—
3,617
39,878
43,495
5,270
2015
05/16
35
Framingham, MA
—
8,860
37,806
—
—
8,860
37,806
46,666
3,978
2016
10/16
40
Gaithersburg, MD
—
8,344
45,286
—
—
8,344
45,286
53,630
4,764
2016
10/16
40
Lil' Champ:
Gainesville, FL
—
900
—
1,800
—
900
1,800
2,700
621
2006
07/05
(m)
40
Jacksonville, FL
—
2,225
3,265
—
—
2,225
3,265
5,490
1,028
2006
08/05
40
Ocala, FL
—
846
—
1,564
—
846
1,564
2,410
529
2006
02/06
(m)
40
Little Germany Restaurant:
Fort Worth, TX
—
392
314
171
—
392
486
878
246
1974
09/06
20
LoanMax:
Bridgeview, IL
—
673
744
—
—
673
744
1,417
354
1997
12/01
40
Logan's Roadhouse:
Alexandria, LA
—
1,218
3,049
—
—
1,218
3,049
4,267
1,077
1998
11/06
40
See accompanying report of independent registered public accounting firm.
F-65
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Investment the Company has Invested in Under Operating Leases:
Beckley, WV
—
1,396
2,405
—
—
1,396
2,405
3,801
849
2006
11/06
40
Cookeville, TN
—
1,262
2,271
—
—
1,262
2,271
3,533
802
1997
11/06
40
Hurst, TX
—
1,858
1,916
—
—
1,858
1,916
3,774
677
1999
11/06
40
Jackson, TN
—
1,200
2,246
—
—
1,200
2,246
3,446
793
1994
11/06
40
Lake Charles, LA
—
1,285
2,202
—
—
1,285
2,202
3,487
778
1998
11/06
40
McAllen, TX
—
1,608
2,178
—
—
1,608
2,178
3,786
769
2005
11/06
40
Roanoke, VA
—
2,302
1,947
—
—
2,302
1,947
4,249
688
1998
11/06
40
Smyrna, TN
—
1,335
2,047
—
—
1,335
2,047
3,382
723
2002
11/06
40
Nashville, TN
—
844
—
1,592
—
844
1,592
2,436
363
2011
06/11
(m)
40
Marion, IL
—
1,016
—
1,674
—
1,016
1,674
2,690
347
2012
03/12
(m)
40
Pooler, GA
—
1,159
—
1,720
—
1,159
1,720
2,879
339
2013
03/12
(m)
40
Cullman, AL
—
889
—
1,585
—
889
1,585
2,474
325
2012
04/12
(m)
40
Lebanon, TN
—
789
—
1,725
—
789
1,725
2,514
347
2012
06/12
(m)
40
Madison, AL
—
689
—
1,657
—
689
1,657
2,346
316
2013
11/12
(m)
40
Hopkinsville, KY
—
644
—
1,788
—
644
1,788
2,432
300
2014
09/13
(m)
40
Lowe's:
Memphis, TN
—
3,215
9,170
120
—
3,311
9,194
12,505
4,285
2001
06/02
40
Magic China Café:
Orlando, FL
—
40
111
—
—
40
111
151
47
2001
02/04
40
Magic Mountain:
Columbus, OH
—
5,380
2,693
25
—
3,349
884
4,233
884
1990
06/07
40
Columbus, OH
—
2,076
1,906
124
—
495
649
1,144
649
1990
06/07
40
Main Event:
Oklahoma City, OK
—
2,004
8,711
—
—
2,004
8,711
10,715
1,207
2014
06/15
40
San Antonio, TX
—
2,115
10,080
—
—
2,115
10,080
12,195
1,596
2014
06/15
35
Tulsa, OK
—
1,542
7,748
—
—
1,542
7,748
9,290
1,073
2015
06/15
40
Fort Worth, TX
—
2,538
—
6,623
—
2,538
6,622
9,160
807
2016
12/15
(m)
40
Louisville, KY
—
2,504
—
6,375
—
2,504
6,375
8,879
764
2016
12/15
(m)
40
Independence, MO
—
1,794
7,650
—
—
1,794
7,650
9,444
964
2015
12/15
40
Memphis, TN
—
1,263
6,825
—
—
1,263
6,825
8,088
860
2015
12/15
40
See accompanying report of independent registered public accounting firm.
F-66
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Investment the Company has Invested in Under Operating Leases:
Olathe, KS
—
3,174
—
6,704
—
3,139
6,704
9,843
705
2016
02/16
(m)
40
West Chester, OH
—
2,767
—
6,414
—
2,767
6,414
9,181
742
2016
02/16
(m)
40
Hoffman Estates, IL
—
1,730
—
8,022
—
1,730
8,022
9,752
877
2016
06/16
(m)
40
Suwanee, GA
—
1,787
—
6,736
—
1,787
6,736
8,523
681
2016
06/16
(m)
40
Albuquerque, NM
—
2,531
—
6,889
—
2,531
6,889
9,420
782
2016
06/16
(m)
40
Humble, TX
—
2,669
—
5,916
—
2,669
5,916
8,585
536
2017
10/16
(m)
40
Kansas City, MO
—
3,519
—
5,442
—
3,519
5,442
8,961
493
2017
10/16
(m)
40
Knoxville, TN
—
3,225
—
6,546
—
3,225
6,546
9,771
566
2017
12/16
(m)
40
Gilbert, AZ
—
2,348
—
6,281
—
2,348
6,281
8,629
569
2017
02/17
(m)
40
Highlands Ranch, CO
—
3,297
—
7,695
—
3,297
7,695
10,992
409
2018
07/17
(m)
40
Avon, OH
—
2,760
—
6,981
—
2,760
6,981
9,741
444
2018
07/17
(m)
40
Mattress Firm:
Buford, GA
—
635
1,635
465
—
635
2,100
2,735
791
2003
07/04
(g)
40
Lancaster, OH
—
600
—
793
—
600
671
1,271
159
2012
01/08
(g)
40
Plainfield, IN
—
379
—
1,267
—
379
1,267
1,646
202
2014
01/14
(m)
40
Fayetteville, AR
—
891
2,229
—
—
891
2,229
3,120
511
1998
02/14
30
Pocatello, ID
—
268
—
1,505
—
268
1,505
1,773
227
2014
09/14
(m)
40
South Jordan, UT
—
719
—
1,572
—
716
1,572
2,288
228
2015
11/14
(m)
40
Kentwood, MI
—
593
1,531
—
—
593
1,531
2,124
218
2015
04/15
40
Muncie, IN
—
288
1,537
—
—
288
1,537
1,825
251
2015
04/15
35
Sandusky, OH
—
518
1,409
—
—
518
1,409
1,927
195
2015
06/15
40
Fort Collins, CO
—
757
—
1,301
—
757
1,301
2,058
167
2015
07/15
(m)
40
Wooster, OH
—
332
1,334
—
—
332
1,334
1,666
143
2016
09/16
40
Mavis Tire Supply (Auto Spot):
Jacksonville, FL
—
641
1,356
—
—
641
1,356
1,997
126
2003
03/18
30
Jacksonville, FL
—
678
1,539
—
—
678
1,539
2,217
123
2012
03/18
35
Mavis Tire Supply (DeKalb Tire):
Cumming, GA
—
587
1,422
—
—
587
1,422
2,009
120
2002
06/18
30
See accompanying report of independent registered public accounting firm.
F-67
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Investment the Company has Invested in Under Operating Leases:
Mavis Tire Supply (Kauffman Tire):
Alpharetta, GA
—
707
872
—
—
707
872
1,579
86
1998
01/18
30
Alpharetta, GA
—
513
1,714
—
—
513
1,714
2,227
169
1998
01/18
30
Alpharetta, GA
—
679
1,119
—
—
679
1,119
1,798
110
2007
01/18
30
Athens, GA
—
807
1,009
—
—
807
1,009
1,816
85
2014
01/18
35
Bradenton, FL
—
696
2,409
—
—
696
2,409
3,105
238
2011
01/18
30
Covington, GA
—
587
1,615
—
—
587
1,615
2,202
159
2011
01/18
30
Cumming, GA
—
696
2,445
—
—
696
2,445
3,141
241
1998
01/18
30
Douglasville, GA
—
458
2,226
—
—
458
2,226
2,684
220
2002
01/18
30
Hiram, GA
—
696
2,317
—
—
696
2,317
3,013
196
2012
01/18
35
Kennesaw, GA
—
1,027
1,953
—
—
1,005
1,953
2,958
193
2010
01/18
30
Lawrenceville, GA
—
724
1,668
—
—
724
1,668
2,392
164
2002
01/18
30
Lawrenceville, GA
—
404
2,073
—
—
404
2,073
2,477
245
1995
01/18
25
Lilburn, GA
—
642
1,329
—
—
642
1,329
1,971
131
2010
01/18
30
Loganville, GA
—
623
1,668
—
—
623
1,668
2,291
164
2006
01/18
30
Marietta, GA
—
596
1,018
—
—
596
1,018
1,614
100
2006
01/18
30
McDonough, GA
—
743
1,128
—
—
743
1,128
1,871
111
2007
01/18
30
New Port Richey, FL
—
404
2,339
—
—
404
2,339
2,743
231
2005
01/18
30
Stockbridge, GA
—
587
1,549
—
—
587
1,549
2,136
153
2007
01/18
30
Valdosta, GA
—
395
1,643
—
—
395
1,643
2,038
139
2014
01/18
35
Brunswick, GA
—
725
2,109
—
—
725
2,109
2,834
153
2017
06/18
35
Canton, GA
—
358
2,293
—
—
358
2,293
2,651
194
2012
06/18
30
Cordele, GA
—
486
1,762
—
—
486
1,762
2,248
128
2014
06/18
35
Midland, GA
—
871
1,972
—
—
871
1,972
2,843
143
2016
06/18
35
Mavis Tire Supply (Mavis Discount Tire):
N. Plainfield, NJ
—
746
1,548
—
—
746
1,548
2,294
188
1974
12/17
25
Raritan, NJ
—
703
983
—
—
703
983
1,686
120
1965
12/17
25
Coram, NY
—
220
—
1,183
—
220
1,183
1,403
81
1984
07/18
(o)
30
Clearwater, FL
—
175
849
—
—
175
849
1,024
72
1973
11/18
25
Dunedin, FL
—
332
1,087
—
—
332
1,087
1,419
71
1991
01/19
30
Buford, GA
—
459
1,513
—
—
459
1,513
1,972
101
2002
04/19
25
Rincon, GA
—
379
795
—
—
379
795
1,174
51
1991
04/19
25
Dallas, GA
—
267
1,555
—
—
267
1,555
1,822
83
2011
05/19
30
See accompanying report of independent registered public accounting firm.
F-68
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Investment the Company has Invested in Under Operating Leases:
Concord, NC
—
700
—
1,443
—
700
1,443
2,143
29
2019
06/19
(m)
40
Batesburg, SC
—
218
871
—
—
218
871
1,089
51
1986
07/19
25
Yulee, FL
—
881
—
1,534
—
881
1,534
2,415
34
2020
08/19
(m)
40
Walkertown, NC
—
663
—
1,526
—
663
1,526
2,189
33
2020
08/19
(m)
40
Hickory, NC
—
831
—
1,434
—
831
1,434
2,265
28
2020
08/19
(m)
40
Oldsmar, FL
—
319
1,645
—
—
319
1,645
1,964
85
1999
09/19
25
Spring Hill, FL
—
773
—
1,371
—
773
1,371
2,144
21
2020
11/19
(m)
40
West Hempstead, NY
—
461
1,648
—
—
461
1,648
2,109
74
1984
11/19
25
Mavis Tire Supply (Sun Tire):
Jacksonville, FL
—
276
1,139
—
—
276
1,139
1,415
127
1977
03/18
25
Jacksonville, FL
—
239
982
—
—
239
982
1,221
110
1985
03/18
25
Jacksonville, FL
—
450
772
—
—
450
772
1,222
86
1987
03/18
25
Jacksonville, FL
—
697
1,403
—
—
697
1,403
2,100
112
2012
03/18
35
Jacksonville, FL
—
367
1,174
—
—
367
1,174
1,541
109
1995
03/18
30
Jacksonville, FL
—
339
1,449
—
—
339
1,449
1,788
162
1983
03/18
25
Middleburg, FL
—
661
752
—
—
661
752
1,413
70
2003
03/18
30
Orange Park, FL
—
395
827
—
—
395
827
1,222
77
1990
03/18
30
Orange Park, FL
—
294
1,340
—
—
294
1,340
1,634
150
1981
03/18
25
Tallahassee, FL
—
220
1,412
—
—
220
1,412
1,632
131
1997
03/18
30
Tallahassee, FL
—
294
1,340
—
—
294
1,340
1,634
150
1989
03/18
25
MedExpress Urgent Care:
Fairmont, WV
—
245
1,859
—
—
245
1,859
2,104
458
2011
05/12
35
Hanover, PA
—
533
1,521
—
—
533
1,521
2,054
375
2011
05/12
35
Hermitage, PA
—
445
2,108
—
—
445
2,108
2,553
519
2011
05/12
35
Latrobe, PA
—
681
1,511
—
—
681
1,511
2,192
372
2011
05/12
35
Mt. Pleasant, PA
—
593
1,482
—
—
593
1,482
2,075
365
2011
05/12
35
Pittsburgh, PA
—
227
1,936
—
—
227
1,936
2,163
556
1970
05/12
30
Martinsburg, WV
—
917
—
650
—
917
650
1,567
118
2013
12/12
(m)
40
Wheeling, WV
—
485
1,232
—
—
485
1,232
1,717
320
1989
03/13
30
Huntington, WV
—
990
—
735
—
1,017
735
1,752
132
2013
08/13
(m)
40
Anderson, IN
—
777
—
661
—
777
661
1,438
116
2013
08/13
(m)
40
Terre Haute, IN
—
144
1,616
—
—
144
1,616
1,760
397
1991
08/13
30
See accompanying report of independent registered public accounting firm.
F-69
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Investment the Company has Invested in Under Operating Leases:
Benton, AR
—
376
1,125
—
—
376
1,125
1,501
154
2015
07/15
40
Connellsville, PA
—
162
1,172
—
—
162
1,172
1,334
160
2015
07/15
40
Rogers, AR
—
435
1,168
—
—
435
1,168
1,603
159
2015
07/15
40
Russellville, AR
—
247
1,098
—
—
247
1,098
1,345
171
2015
07/15
35
Hot Springs, AR
—
440
1,155
—
—
440
1,155
1,595
155
2015
08/15
40
Salina, KS
—
321
1,315
—
—
321
1,315
1,636
199
1999
09/15
35
Lehigh Acres, FL
—
459
—
2,151
—
459
2,151
2,610
419
2016
10/15
(m)
25
North Little Rock, AR
—
489
1,137
—
—
489
1,137
1,626
141
2015
01/16
40
Little Rock, AR
—
858
1,806
—
—
858
1,806
2,664
224
2016
01/16
40
Swansea, IL
—
236
1,292
—
—
236
1,292
1,528
196
1997
06/16
30
Derby, KS
—
442
—
—
—
442
(i)
442
(i)
(i)
07/16
(i)
Alton, IL
—
376
1,397
—
—
376
1,397
1,773
156
2016
07/16
40
Pine Bluff, AR
—
478
—
—
—
478
(i)
478
(i)
(i)
07/16
(i)
Collinsville, IL
—
304
—
—
—
304
(i)
304
(i)
(i)
08/16
(i)
Wichita, KS
—
213
—
—
—
213
(i)
213
(i)
(i)
08/16
(i)
Wichita, KS
—
482
—
—
—
482
(i)
482
(i)
(i)
08/16
(i)
Quakertown, PA
—
658
—
—
—
658
(i)
658
(i)
(i)
08/16
(i)
Fort Myers, FL
—
1,522
—
—
—
1,522
(i)
1,522
(i)
(i)
09/16
(i)
Grand Rapids, MI
—
435
—
—
—
435
(i)
435
(i)
(i)
10/16
(i)
Naples, FL
—
689
—
—
—
689
(i)
689
(i)
(i)
10/16
(i)
Duluth, MN
—
535
—
—
—
535
(i)
535
(i)
(i)
12/16
(i)
Hadley, MA
—
866
—
—
—
866
(i)
866
(i)
(i)
05/17
(i)
Richmond, VA
—
734
—
—
—
734
(i)
734
(i)
(i)
05/17
(i)
Bemidji, MN
—
475
—
—
—
475
(i)
475
(i)
(i)
06/17
(i)
Hagerstown, MD
—
850
—
—
—
850
(i)
850
(i)
(i)
07/17
(i)
Rochester, MN
—
751
—
—
—
751
(i)
751
(i)
(i)
08/17
(i)
Jenison, MI
—
271
—
—
—
271
(i)
271
(i)
(i)
08/17
(i)
Michaels:
Fairfax, VA
—
534
773
1,483
—
992
2,256
3,248
1,124
1995
12/95
40
Altamonte Springs, FL
—
1,947
3,267
1,294
—
1,947
3,466
5,413
1,202
1997
09/97
26
Plymouth Meeting, PA
—
2,911
2,595
165
—
2,911
2,760
5,671
1,389
1999
10/98
(g)
40
Florissant, MO
—
523
617
1,784
—
524
2,399
2,923
753
1996
04/03
(g)
40
See accompanying report of independent registered public accounting firm.
F-70
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Investment the Company has Invested in Under Operating Leases:
Miller's Ale House:
Franklin, TN
—
2,519
1,705
—
—
2,519
1,705
4,224
598
1995
12/06
40
Pensacola, FL
—
1,363
1,842
—
—
1,363
1,842
3,205
511
2008
04/11
35
Oviedo, FL
—
113
—
3,785
—
113
3,785
3,898
777
2012
10/11
(m)
40
Norridge, IL
—
2,482
—
—
—
2,482
(i)
2,482
(i)
(i)
05/18
(i)
Mister Car Wash:
Anoka, MN
—
212
214
—
—
212
214
426
196
1968
04/07
15
Brooklyn Park, MN
—
438
778
—
—
438
778
1,216
427
1985
04/07
25
Cedar Rapids, IA
—
391
816
—
—
391
816
1,207
448
1989
04/07
25
Clive, IA
—
1,141
935
—
—
1,141
935
2,076
641
1983
04/07
20
Cottage Grove, MN
—
274
485
—
—
274
485
759
266
1992
04/07
25
Des Moines, IA
—
249
596
—
—
249
596
845
272
1990
04/07
30
Des Moines, IA
—
213
476
—
—
182
476
658
326
1964
04/07
20
Eden Prairie, MN
—
865
751
—
—
865
751
1,616
515
1984
04/07
20
Edina, MN
—
894
687
—
—
894
687
1,581
471
1985
04/07
20
Houston, TX
—
1,846
1,592
—
—
1,846
1,592
3,438
873
1983
04/07
25
Houston, TX
—
5,126
1,267
—
—
5,126
1,267
6,393
496
1995
04/07
35
Houston, TX
—
624
1,108
—
—
624
1,108
1,732
506
1988
04/07
30
Houston, TX
—
796
678
—
—
796
678
1,474
372
1986
04/07
25
Houston, TX
—
1,347
1,702
—
—
1,347
1,702
3,049
778
1984
04/07
30
Houston, TX
—
1,960
1,145
—
—
1,960
1,145
3,105
628
1983
04/07
25
Houston, TX
—
288
466
—
—
288
466
754
426
1970
04/07
15
Houston, TX
—
3,193
1,305
—
—
3,193
1,305
4,498
511
1995
04/07
35
Humble, TX
—
1,204
1,517
—
—
1,204
1,517
2,721
594
1993
04/07
35
Plymouth, MN
—
827
182
—
—
767
182
949
182
1955
04/07
10
Roseville, MN
—
861
564
—
—
861
564
1,425
386
1963
04/07
20
Spokane, WA
—
1,253
1,146
—
—
1,253
1,146
2,399
449
1997
04/07
35
Spokane, WA
—
214
580
—
—
214
580
794
265
1990
04/07
30
St. Cloud, MN
—
243
391
—
—
242
391
633
268
1986
04/07
20
Sugarland, TX
—
3,789
1,972
—
—
3,789
1,972
5,761
773
1995
04/07
35
West St Paul, MN
—
836
236
—
—
794
236
1,030
162
1972
04/07
20
Rochester, MN
—
1,055
2,327
—
—
1,055
2,327
3,382
768
2003
10/07
40
Birmingham, AL
—
2,378
2,145
—
—
2,378
2,145
4,523
938
1985
11/07
30
See accompanying report of independent registered public accounting firm.
F-71
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Investment the Company has Invested in Under Operating Leases:
Clearwater, FL
—
825
765
—
—
825
765
1,590
402
1969
11/07
25
Mesquite, TX
—
1,596
2,201
—
—
1,596
2,201
3,797
1,156
1987
11/07
25
Seminole, FL
—
2,166
1,496
—
—
2,166
1,496
3,662
654
1985
11/07
30
Tampa, FL
—
2,993
1,669
—
—
2,993
1,669
4,662
876
1969
11/07
25
Vestavia Hills, AL
—
1,009
956
—
—
1,009
956
1,965
502
1967
11/07
25
El Paso, TX
—
664
824
—
—
664
824
1,488
269
1991
12/07
40
El Paso, TX
—
988
1,046
—
—
988
1,046
2,034
341
1998
12/07
40
El Paso, TX
—
1,399
1,468
—
—
1,399
1,468
2,867
479
1991
12/07
40
El Paso, TX
—
1,807
2,287
—
—
1,807
2,287
4,094
747
1983
12/07
40
El Paso, TX
—
1,424
1,306
—
—
1,424
1,306
2,730
568
1986
12/07
30
Tampa, FL
—
541
829
—
—
541
829
1,370
355
1978
04/10
25
Springfield, MO
—
1,064
2,109
—
—
1,064
2,109
3,173
665
1990
07/11
30
Springfield, MO
—
1,188
2,817
—
—
1,181
2,817
3,998
761
2000
07/11
35
Springfield, MO
—
642
1,767
—
—
642
1,767
2,409
557
1979
07/11
30
Missouri City, TX
—
549
1,553
—
—
549
1,553
2,102
405
2004
11/11
35
Bountiful, UT
—
484
292
—
—
484
292
776
87
1995
01/12
30
Salt Lake City, UT
—
522
1,806
—
—
522
1,806
2,328
539
1993
01/12
30
Tucson, AZ
—
493
345
—
—
493
345
838
88
2007
01/12
35
Tucson, AZ
—
946
2,566
—
—
946
2,566
3,512
766
2003
01/12
30
Tucson, AZ
—
742
2,226
—
—
742
2,226
2,968
665
2000
01/12
30
Cedar Park, TX
—
794
1,316
—
—
794
1,316
2,110
327
2009
04/12
35
Spokane Valley, WA
—
454
857
—
—
454
857
1,311
213
2005
04/12
35
Salt Lake City, UT
—
781
2,303
—
—
781
2,303
3,084
557
2009
07/12
35
College Park, GA
—
322
1,056
—
—
322
1,056
1,378
250
2008
09/12
35
Griffin, GA
—
401
2,897
—
—
401
2,897
3,298
686
2007
09/12
35
Hampton, GA
—
421
1,996
—
—
421
1,996
2,417
473
2006
09/12
35
Lilburn, GA
—
381
2,426
—
—
381
2,426
2,807
575
2007
09/12
35
Oxford, AL
—
301
3,607
—
—
301
3,607
3,908
854
2008
09/12
35
Clermont, FL
—
783
2,328
—
—
783
2,328
3,111
546
2006
10/12
35
Springfield, MO
—
474
736
—
—
474
736
1,210
202
2006
10/12
30
Abilene, TX
—
641
3,093
—
—
641
3,093
3,734
718
2006
11/12
35
Abilene, TX
—
101
426
—
—
101
426
527
99
2009
11/12
35
Lubbock, TX
—
411
2,534
—
—
411
2,534
2,945
686
2003
11/12
30
Lubbock, TX
—
400
3,403
—
—
400
3,403
3,803
790
2004
11/12
35
Lubbock, TX
—
350
2,984
—
—
350
2,984
3,334
693
2007
11/12
35
See accompanying report of independent registered public accounting firm.
F-72
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Investment the Company has Invested in Under Operating Leases:
Ephrata, PA
—
241
2,797
—
—
241
2,797
3,038
900
1987
12/12
25
Lancaster, PA
—
920
7,894
—
—
920
7,894
8,814
2,116
1999
12/12
30
Sinking Spring, PA
—
1,251
4,735
—
—
1,251
4,735
5,986
1,269
2005
12/12
30
York, PA
—
591
4,605
—
—
591
4,605
5,196
1,235
1995
12/12
30
Atlanta, GA
—
1,633
5,378
—
—
1,633
5,378
7,011
1,442
1998
12/12
30
Atlanta, GA
—
1,773
4,528
—
—
1,773
4,528
6,301
1,040
2003
12/12
35
Urbandale, IA
—
485
374
—
—
485
374
859
96
1990
04/13
30
Houston, TX
—
551
2,967
—
—
551
2,967
3,518
895
1980
06/13
25
Houston, TX
—
713
964
—
—
713
964
1,677
208
2005
06/13
35
Houston, TX
—
752
1,736
—
—
752
1,736
2,488
374
2005
06/13
35
Houston, TX
—
1,573
2,315
—
—
1,573
2,315
3,888
499
2006
06/13
35
Houston, TX
—
542
1,876
—
—
542
1,876
2,418
404
2012
06/13
35
Humble, TX
—
611
3,327
—
—
611
3,327
3,938
717
2006
06/13
35
Katy, TX
—
421
2,157
—
—
421
2,157
2,578
542
2002
06/13
30
Spring, TX
—
652
2,627
—
—
652
2,627
3,279
566
2006
06/13
35
Tucson, AZ
—
654
1,357
—
—
654
1,357
2,011
330
1986
09/13
30
Rochester, MN
—
396
264
—
—
396
264
660
60
1987
02/14
30
Tucson, AZ
—
988
272
—
—
988
272
1,260
62
1987
02/14
30
Brooklyn Park, MN
—
287
394
—
—
265
394
659
60
2011
09/15
35
Lake Mary, FL
—
692
3,518
—
—
692
3,518
4,210
611
1997
10/15
30
Melbourne, FL
—
1,262
4,348
—
—
1,262
4,348
5,610
647
2009
10/15
35
Sanford, FL
—
1,322
3,887
—
—
1,322
3,887
5,209
578
2008
10/15
35
Tampa, FL
—
630
2,879
—
—
630
2,879
3,509
420
1991
08/16
30
Clermont, FL
—
1,550
2,460
—
—
1,550
2,460
4,010
302
2013
09/16
35
Lakeland, FL
—
446
3,064
—
—
446
3,064
3,510
506
1979
11/16
25
Comstock Park, MI
—
1,151
3,860
—
—
1,151
3,860
5,011
598
1978
02/17
25
Grand Rapids, MI
—
455
1,958
—
—
455
1,958
2,413
303
1963
02/17
25
Grand Rapids, MI
—
426
2,180
—
—
426
2,180
2,606
338
1963
02/17
25
Grand Rapids, MI
—
494
3,513
189
—
683
3,513
4,196
389
2013
02/17
35
Grand Rapids, MI
—
416
3,590
—
—
416
3,590
4,006
464
2006
02/17
30
Wyoming, MI
—
928
5,077
—
—
928
5,077
6,005
787
1965
02/17
25
Columbia Heights, MN
—
96
252
—
—
96
252
348
36
1961
02/18
20
Madison, TN
—
669
51
—
—
669
51
720
5
1988
06/18
25
Colorado Springs, CO
—
295
2,118
—
—
295
2,118
2,413
134
2013
10/18
35
Atwater, CA
—
809
4,198
—
—
809
4,198
5,007
245
2008
12/18
35
See accompanying report of independent registered public accounting firm.
F-73
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Investment the Company has Invested in Under Operating Leases:
Ceres, CA
—
347
4,160
—
—
347
4,160
4,507
340
1994
12/18
25
Los Banos, CA
—
712
4,294
—
—
712
4,294
5,006
219
2018
12/18
40
Manteca, CA
—
501
4,506
—
—
501
4,506
5,007
263
2016
12/18
35
Merced, CA
—
347
4,660
—
—
347
4,660
5,007
317
1998
12/18
30
Modesto, CA
—
741
3,765
—
—
741
3,765
4,506
256
2002
12/18
30
Modesto, CA
—
674
3,332
—
—
674
3,332
4,006
227
1991
12/18
30
Patterson, CA
—
741
4,265
—
—
741
4,265
5,006
249
2017
12/18
35
Tracy, CA
—
761
4,246
—
—
761
4,246
5,007
248
2013
12/18
35
Deltona, FL
—
481
3,027
—
—
481
3,027
3,508
172
2010
04/19
30
Titusville, FL
—
575
3,931
—
—
575
3,931
4,506
192
2002
04/19
35
Merced, CA
—
1,070
2,939
—
—
1,070
2,939
4,009
129
2018
06/19
35
Delano, CA
—
564
3,687
—
—
564
3,687
4,251
127
2016
10/19
35
Dinuba, CA
—
593
3,414
—
—
593
3,414
4,007
118
2010
10/19
35
Hanford, CA
—
329
3,678
—
—
329
3,678
4,007
127
2011
10/19
35
Hanford, CA
—
404
3,847
—
—
404
3,847
4,251
133
2015
10/19
35
Porterville, CA
—
433
3,574
—
—
433
3,574
4,007
123
2011
10/19
35
Porterville, CA
—
517
3,490
—
—
517
3,490
4,007
120
2016
10/19
35
Tulare, CA
—
640
3,367
—
—
640
3,367
4,007
116
2015
10/19
35
Motor Trend:
Orlando, FL
—
820
2,441
125
—
820
2,566
3,386
1,681
1992
05/93
40
Movie Tavern Theatre:
Covington, LA
—
1,081
6,779
2,206
—
1,081
8,985
10,066
1,486
1993
09/14
30
Baton Rouge, LA
—
1,497
—
10,888
—
1,497
10,888
12,385
1,497
1993
11/14
(o)
40
Allentown, PA
—
3,610
—
10,921
—
3,610
10,921
14,531
648
2018
06/17
(m)
40
Muchas Gracias Mexican Restaurant:
Salem, OR
—
556
736
—
—
556
736
1,292
350
1996
12/01
40
Murphy Oil:
Arlington, TX
—
2,079
—
1,397
—
2,079
(i)
2,079
(i)
(i)
11/97
(i)
Fort Worth, TX
—
1,652
2,018
—
—
1,652
(i)
1,652
(i)
(i)
02/05
(i)
See accompanying report of independent registered public accounting firm.
F-74
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Investment the Company has Invested in Under Operating Leases:
Natural Grocers:
Coeur D'Alene, ID
—
2,172
—
2,778
—
2,172
2,778
4,950
472
2014
08/13
(m)
40
Flagstaff, AZ
2,422
(j)
831
4,079
—
—
831
4,079
4,910
714
2012
11/14
35
Helena, MT
2,125
(j)
1,079
3,062
—
—
1,079
3,062
4,141
536
2012
11/14
35
Missoula, MT
1,892
(j)
929
3,222
—
—
929
3,222
4,151
564
2012
11/14
35
Sedona, AZ
2,226
(j)
1,064
3,211
—
—
1,064
3,211
4,275
562
2012
11/14
35
Steamboat Springs, CO
2,577
(j)
1,512
3,447
—
—
1,512
3,447
4,959
603
2012
11/14
35
Independence, MO
—
912
5,002
—
—
912
5,002
5,914
1,007
2002
12/14
30
Oklahoma City, OK
—
1,190
3,275
—
—
1,190
2,456
3,646
91
2015
01/16
35
Vancouver, WA
—
1,639
—
4,338
—
1,639
4,338
5,977
438
2016
06/16
(m)
40
South Jordan, UT
—
1,460
—
4,039
—
1,460
4,039
5,499
400
2016
08/16
(m)
40
Nebraskaland Tire:
Park City, KS
—
214
687
—
—
214
687
901
534
1989
06/05
20
Nitlantika:
Hollywood, FL
—
383
88
73
—
234
36
270
13
1960
12/05
15
Northern Tool:
Beaumont, TX
—
483
831
1,207
—
483
2,038
2,521
666
1992
03/99
40
Asheville, NC
—
519
2,998
—
—
519
2,998
3,517
739
2007
05/12
35
Spartanburg, SC
—
654
3,174
—
—
654
3,174
3,828
666
2007
09/14
30
NTB Tire and Service Centers:
Hampton, VA
—
180
427
—
—
180
427
607
169
1986
03/05
40
Newport News, VA
—
234
259
—
—
234
259
493
102
1986
03/05
40
Norfolk, VA
—
398
508
—
—
398
508
906
200
1986
03/05
40
Rockville, MD
—
1,030
306
—
—
1,016
306
1,322
121
1974
03/05
40
Washington, DC (n)
—
624
578
—
—
624
578
1,202
228
1983
03/05
40
Office Depot:
Gastonia, NC
—
1,554
2,367
1,019
—
1,554
3,386
4,940
1,216
2004
12/04
40
See accompanying report of independent registered public accounting firm.
F-75
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Investment the Company has Invested in Under Operating Leases:
OfficeMax:
Cincinnati, OH
—
543
1,575
—
—
543
1,575
2,118
1,042
1994
07/94
40
Salinas, CA
—
1,353
1,829
—
—
1,353
1,829
3,182
1,092
1995
02/97
40
Griffin, GA
—
685
—
1,802
—
685
1,802
2,487
978
1999
11/98
(g)
40
Weatherford, TX
—
548
2,436
—
—
548
2,436
2,984
511
1999
09/14
30
Ollie's Bargain Outlet:
Sarasota, FL
—
1,428
1,703
1,104
—
1,428
2,807
4,235
857
1988
09/97
40
Baltimore, MD
—
2,595
4,156
—
—
2,595
4,156
6,751
270
1982
05/19
25
Cuyahoga Falls, OH
—
1,191
2,169
—
—
1,191
2,169
3,360
141
1986
05/19
25
Dublin, OH
—
1,208
2,741
—
—
1,208
2,741
3,949
178
1988
05/19
25
Hoover, AL
—
1,853
316
—
—
1,853
316
2,169
21
1989
05/19
25
Lafayette, LA
—
1,751
987
—
—
1,751
987
2,738
64
1990
05/19
25
Lewisville, TX
—
2,286
1,504
—
—
2,286
1,504
3,790
81
1990
05/19
30
Media, PA
—
2,525
2,230
—
—
2,525
2,230
4,755
145
1984
05/19
25
Memphis, TN
—
1,937
3,641
144
—
1,937
3,786
5,723
198
1996
05/19
30
Merrillville, IN
—
1,354
560
—
—
1,354
560
1,914
30
2001
05/19
30
Pennsdale, PA
—
874
1,008
—
—
874
1,008
1,882
66
1994
05/19
25
Sterling, VA
—
3,074
794
—
—
3,074
794
3,868
43
2001
05/19
30
Winchester, VA
—
1,961
705
—
—
1,961
705
2,666
38
1994
05/19
30
Roanoke, VA
—
1,739
—
—
—
1,739
(i)
1,739
(i)
(i)
12/19
(i)
Orchard Supply Hardware:
Pismo Beach, CA
—
2,436
1,997
2,339
—
2,436
4,336
6,772
1,506
1989
12/11
(o)
25
San Jose, CA (n)
—
6,406
2,457
3,374
—
6,406
5,831
12,237
2,019
1982
12/11
(o)
25
San Jose, CA
—
4,092
4,279
3,307
—
4,092
7,586
11,678
2,656
1982
12/11
(o)
25
Chico, CA (n)
—
1,782
4,563
746
—
1,782
5,308
7,090
1,475
2002
07/12
(o)
30
Clovis, CA
—
1,226
1,426
151
—
1,226
1,577
2,803
530
1982
07/12
(o)
25
Pinole, CA (n)
—
2,784
5,195
—
—
2,784
5,195
7,979
1,758
1987
07/12
(o)
25
San Jose, CA
—
3,370
2,517
—
—
3,370
2,517
5,887
852
1965
07/12
25
Oregano's Pizza Bistro:
Fort Collins, CO
—
390
895
367
—
390
1,262
1,652
331
1995
02/11
30
See accompanying report of independent registered public accounting firm.
F-76
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Investment the Company has Invested in Under Operating Leases:
Outback:
Cheyenne, WY
—
672
2,502
—
—
672
2,502
3,174
733
2001
03/12
30
Conroe, TX
—
524
583
—
—
524
583
1,107
205
1992
03/12
25
Copley Township, OH
—
753
2,407
—
—
753
2,407
3,160
846
1993
03/12
25
Coraopolis, PA
—
487
2,326
—
—
487
2,326
2,813
682
1998
03/12
30
Denver, CO
—
850
1,305
—
—
850
1,305
2,155
328
2003
03/12
35
Knoxville, TN
—
753
1,852
—
—
753
1,852
2,605
465
2004
03/12
35
Largo, MD
—
1,738
2,227
—
—
1,738
2,227
3,965
653
2001
03/12
30
Lufkin, TX
—
514
1,147
—
—
514
1,147
1,661
336
1999
03/12
30
Mechanicsville, VA
—
674
2,328
—
—
674
2,328
3,002
682
2002
03/12
30
Mt. Pleasant, SC
—
713
1,466
—
—
713
1,466
2,179
430
1999
03/12
30
Phoenix, AZ
—
821
2,284
—
—
821
2,284
3,105
669
2002
03/12
30
Shreveport, LA
—
633
3,105
—
—
633
3,105
3,738
1,092
1994
03/12
25
Smithfield, NC
—
772
2,345
—
—
772
2,345
3,117
589
2004
03/12
35
Stockbridge, GA
—
910
1,988
—
—
910
1,988
2,898
583
2001
03/12
30
Troy, OH
—
456
1,575
—
—
456
1,575
2,031
396
2004
03/12
35
Venice, FL
—
833
2,529
—
—
833
2,529
3,362
741
2001
03/12
30
Warrenton, VA
—
1,833
2,021
—
—
1,833
2,021
3,854
592
2001
03/12
30
Wheaton, IL
—
901
654
—
—
901
654
1,555
230
1994
03/12
25
Fultondale, AL
—
765
2,097
—
—
765
2,097
2,862
428
1998
11/14
30
Panda Express:
Florissant, MO
—
50
59
170
—
50
228
278
74
2012
04/03
(g)
40
Patient First:
Richmond, VA
—
270
1,545
—
—
270
1,545
1,815
496
1988
05/11
30
York, PA
—
772
2,995
—
—
772
2,995
3,767
708
2011
07/11
40
Mechanicsburg, PA
—
933
3,401
—
—
933
3,401
4,334
755
2011
02/12
40
Chesapeake, VA
—
598
2,161
—
—
598
2,161
2,759
273
1998
03/17
30
Virginia Beach, VA
—
550
2,160
—
—
550
2,160
2,710
273
1998
03/17
30
Patriot Fuels:
Vinita, OK
—
72
368
—
—
72
368
440
210
1972
07/09
20
See accompanying report of independent registered public accounting firm.
F-77
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Investment the Company has Invested in Under Operating Leases:
Pawn America:
Fridley, MN
—
1,013
4,465
—
—
1,013
4,465
5,478
1,197
1978
12/12
30
Mankato, MN
—
449
—
1,705
—
449
1,705
2,154
304
2013
03/13
(m)
40
PDQ:
Altamonte Springs, FL
—
553
997
486
—
1,039
(i)
1,039
(i)
(i)
01/96
(i)
Pep Boys:
Chicago, IL
—
1,077
3,756
—
—
1,077
3,756
4,833
1,409
1993
11/07
35
Cicero, IL
—
1,341
3,760
—
—
1,341
3,760
5,101
1,410
1993
11/07
35
Cornwell Heights, PA
—
2,058
3,102
—
—
2,058
3,102
5,160
1,628
1972
11/07
25
East Brunswick, NJ
—
2,449
5,026
—
—
2,449
5,026
7,475
2,199
1987
11/07
30
Guayama, PR
—
1,729
2,732
—
—
1,729
2,131
3,860
718
1998
11/07
33
Jacksonville, FL
—
810
2,331
—
—
810
2,331
3,141
874
1989
11/07
35
Joliet, IL
—
1,506
3,727
—
—
1,506
3,727
5,233
1,398
1993
11/07
35
Lansing, IL
—
869
3,440
—
—
869
3,440
4,309
1,290
1993
11/07
35
Marietta, GA
—
1,311
3,556
—
—
1,311
3,556
4,867
1,556
1987
11/07
30
Marlton, NJ
—
1,608
4,142
—
—
1,608
4,142
5,750
1,812
1983
11/07
30
Philadelphia, PA
—
1,300
3,830
—
—
1,300
3,830
5,130
1,436
1995
11/07
35
Quakertown, PA
—
1,129
3,252
—
—
1,129
3,252
4,381
1,219
1995
11/07
35
Reading, PA
—
1,189
3,367
—
—
1,189
2,819
4,008
1,119
1989
11/07
28
Roswell, GA
—
931
2,732
—
—
931
2,732
3,663
1,195
2007
11/07
30
Turnersville, NJ
—
990
3,494
—
—
990
3,494
4,484
1,529
1986
11/07
30
Houston, TX
—
734
3,028
—
—
734
3,028
3,762
1,081
1994
04/10
30
Perkins Restaurant:
Des Moines, IA
—
226
203
—
—
226
203
429
203
1976
06/05
10
Des Moines, IA
—
270
218
—
—
270
218
488
218
1977
06/05
10
Des Moines, IA
—
256
136
—
—
256
136
392
136
1976
06/05
10
Newton, IA
—
354
402
—
—
354
402
756
402
1979
06/05
10
Urbandale, IA
—
377
581
—
—
377
581
958
452
1979
06/05
20
Pet Paradise:
Houston, TX
—
417
2,306
—
—
417
2,306
2,723
738
2008
03/08
40
Bunnell, FL
—
316
881
—
—
316
881
1,197
280
1997
04/08
40
See accompanying report of independent registered public accounting firm.
F-78
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Investment the Company has Invested in Under Operating Leases:
Charlotte, NC
—
825
—
4,855
—
825
4,855
5,680
944
2009
11/08
(m)
40
Davie, FL
—
1,138
1,069
—
—
1,138
1,069
2,207
368
2003
12/08
35
Wesley Chapel, FL
—
1,529
—
2,175
—
1,529
2,175
3,704
174
2017
02/17
(m)
40
Petco:
Grand Forks, ND
—
307
910
—
—
307
910
1,217
524
1996
12/97
40
Florissant, MO
—
299
352
1,019
—
300
1,371
1,671
420
2012
04/03
(g)
40
Petro Express:
Belmont, NC
—
1,508
1,622
—
—
1,508
1,622
3,130
635
2001
04/07
35
Charlotte, NC
—
507
698
—
—
507
698
1,205
478
1967
04/07
20
Charlotte, NC
—
2,165
1,965
—
—
2,165
1,965
4,130
769
1997
04/07
35
Charlotte, NC
—
1,340
1,790
—
—
1,340
1,790
3,130
701
1998
04/07
35
Charlotte, NC
—
1,810
2,570
—
—
1,810
2,570
4,380
881
2004
04/07
40
Charlotte, NC
—
1,030
1,725
—
—
1,030
1,725
2,755
788
1983
04/07
30
Charlotte, NC
—
629
876
—
—
623
876
1,499
400
1986
04/07
30
Charlotte, NC
—
1,532
1,973
—
—
1,532
1,973
3,505
773
1998
04/07
35
Charlotte, NC
—
1,778
1,977
—
—
1,778
1,977
3,755
903
1992
04/07
30
Charlotte, NC
—
1,291
1,839
—
—
1,291
1,839
3,130
840
1988
04/07
30
Charlotte, NC
—
1,697
2,419
—
—
1,682
2,419
4,101
829
2005
04/07
40
Charlotte, NC
—
429
425
—
—
429
425
854
194
1983
04/07
30
Charlotte, NC
—
2,316
2,064
—
—
2,316
2,064
4,380
808
1996
04/07
35
Charlotte, NC
—
2,784
3,720
—
—
2,784
3,720
6,504
1,457
1998
04/07
35
Charlotte, NC
—
1,458
2,047
—
—
1,458
2,047
3,505
935
1987
04/07
30
Concord, NC
—
2,144
1,986
—
—
2,144
1,986
4,130
778
2000
04/07
35
Concord, NC
—
1,828
1,677
—
—
1,707
1,677
3,384
657
2002
04/07
35
Denver, NC
—
2,317
1,750
—
—
2,317
1,750
4,067
685
1999
04/07
35
Fort Mill, SC
—
3,825
2,554
—
—
3,825
2,554
6,379
1,000
1998
04/07
35
Gastonia, NC
—
335
545
—
—
317
545
862
187
2000
04/07
40
Gastonia, NC
—
745
760
—
—
745
760
1,505
261
2003
04/07
40
Gastonia, NC
—
1,070
1,185
—
—
1,070
1,185
2,255
464
1990
04/07
35
Gastonia, NC
—
965
1,228
—
—
965
1,228
2,193
481
2001
04/07
35
Hickory, NC
—
1,975
1,530
—
—
1,975
1,530
3,505
599
2002
04/07
35
Kings Mountain, NC
—
1,210
982
—
—
1,210
982
2,192
385
1988
04/07
35
Lake Wylie, SC
—
1,381
2,061
—
—
1,381
2,061
3,442
807
1998
04/07
35
See accompanying report of independent registered public accounting firm.
F-79
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Investment the Company has Invested in Under Operating Leases:
Lake Wylie, SC
—
1,972
1,283
—
—
1,972
1,283
3,255
502
2003
04/07
35
Lincolnton, NC (n)
—
723
532
—
—
723
532
1,255
243
1989
04/07
30
Mineral Springs, NC
—
678
577
—
—
678
577
1,255
198
2002
04/07
40
Monroe, NC
—
857
1,023
—
—
857
1,023
1,880
350
2004
04/07
40
Monroe, NC
—
709
796
—
—
709
796
1,505
312
1999
04/07
35
Monroe, NC
—
421
834
—
—
421
834
1,255
327
1997
04/07
35
Rock Hill, SC
—
778
727
—
—
778
727
1,505
332
1990
04/07
30
Rock Hill, SC
—
2,119
1,886
—
—
2,119
1,886
4,005
739
1998
04/07
35
Rock Hill, SC
—
3,095
1,910
—
—
3,095
1,910
5,005
748
1999
04/07
35
Statesville, NC
—
1,886
2,182
—
—
1,864
2,182
4,046
854
1999
04/07
35
Waxhaw, NC
—
508
747
—
—
508
747
1,255
256
2002
04/07
40
York, SC
—
2,306
1,449
—
—
2,306
1,449
3,755
567
1999
04/07
35
Charlotte, NC
—
1,834
1,214
—
—
1,834
1,214
3,048
414
1997
05/07
40
Charlotte, NC
—
1,849
2,280
—
—
1,849
2,280
4,129
776
2005
05/07
40
Rock Hill, SC
—
3,108
2,146
—
—
3,055
2,146
5,201
731
1999
05/07
40
PetSense:
Kingsville, TX
—
499
458
224
—
499
682
1,181
283
1995
12/01
40
PetSmart:
Chicago, IL
—
2,724
3,566
—
—
2,724
3,566
6,290
1,987
1998
09/98
40
Rock Hill, SC
—
1,734
3,381
—
—
1,734
3,381
5,115
352
1998
11/17
30
PetSuites:
Chesapeake, VA
—
974
—
3,715
—
974
3,715
4,689
236
2018
12/17
(m)
40
Winter Springs, FL
—
943
—
3,855
—
993
3,855
4,848
237
2018
12/17
(m)
40
Suwanee, GA
—
705
—
3,619
—
705
3,619
4,324
79
2019
11/18
(m)
40
Louisville, KY
—
375
3,185
—
—
375
3,185
3,560
96
2019
10/19
40
Pizza Hut:
Monroeville, AL
—
547
44
—
—
547
44
591
21
1976
12/01
40
Bowie, TX
—
111
346
—
—
111
346
457
81
1976
02/15
25
See accompanying report of independent registered public accounting firm.
F-80
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Investment the Company has Invested in Under Operating Leases:
Pollo Tropical:
Hialeah, FL
—
170
106
—
—
170
(i)
170
(i)
(i)
09/06
(i)
Popeye's:
Snellville, GA
—
642
437
—
—
642
437
1,079
208
1995
12/01
40
Randallstown, MD
—
483
609
—
—
483
609
1,092
168
1958
02/14
25
Power Center:
Midland, MI
—
1,085
1,635
220
—
1,085
1,598
2,683
611
2005
05/05
(g)
40
Big Flats, NY
—
2,248
7,159
1,258
—
2,248
5,075
7,323
1,940
2006
08/05
(g)
40
Premium Spas & Billiards:
Fairfax, VA
—
105
151
436
—
194
587
781
194
1995
12/95
40
Publix Super Markets:
Tampa, FL
—
2,128
1,522
—
—
2,128
(i)
2,128
(i)
(i)
06/96
(i)
Pull-A-Part:
Augusta, GA
—
1,414
—
1,449
—
1,414
1,449
2,863
491
2007
08/06
(m)
40
Birmingham, AL
—
1,165
2,090
—
—
1,165
2,090
3,255
751
1964
08/06
40
Charlotte, NC
—
2,913
1,724
—
—
2,908
1,724
4,632
620
2006
08/06
40
Conley, GA
—
1,686
1,387
—
—
1,686
1,387
3,073
499
1999
08/06
40
Harvey, LA
—
1,887
—
4,326
—
1,836
4,326
6,162
1,347
2008
08/06
(m)
40
Knoxville, TN
—
961
—
2,384
—
961
2,384
3,345
802
2007
08/06
(m)
40
Louisville, KY
—
3,206
1,532
—
—
3,206
1,532
4,738
551
2006
08/06
40
Nashville, TN
—
2,164
1,414
—
—
2,164
1,414
3,578
508
2006
08/06
40
Norcross, GA
—
1,831
1,040
—
—
1,831
1,040
2,871
374
1998
08/06
40
Cleveland, OH
—
4,556
—
2,096
—
4,556
2,096
6,652
688
2007
08/06
(m)
40
Lafayette, LA
—
1,036
—
2,226
—
1,036
2,226
3,262
726
2007
08/06
(m)
40
Montgomery, AL
—
934
—
2,013
—
934
2,013
2,947
660
2007
11/06
(m)
40
Jackson, MS
—
1,315
—
2,471
—
1,315
2,318
3,633
749
2008
12/06
(m)
40
Baton Rouge, LA
—
893
—
3,256
—
893
3,256
4,149
960
2009
01/07
(m)
40
Memphis, TN
—
1,779
—
2,964
—
1,779
2,964
4,743
936
2008
05/07
(m)
40
Mobile, AL
—
550
—
2,772
—
550
2,772
3,322
829
2009
06/07
(m)
40
See accompanying report of independent registered public accounting firm.
F-81
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Investment the Company has Invested in Under Operating Leases:
Winston-Salem, NC
—
846
—
2,449
—
836
2,449
3,285
737
2009
08/07
(m)
40
Lithonia, GA
—
2,410
—
2,345
—
2,410
2,345
4,755
701
2009
08/07
(m)
40
Columbia, SC
—
935
—
2,178
—
935
2,178
3,113
651
2009
09/07
(m)
40
Akron, OH
—
1,065
—
1,869
—
1,065
1,869
2,934
520
2009
10/08
(m)
40
Quaker Steak & Lube:
Mentor, OH
—
841
2,452
—
—
841
2,452
3,293
470
2009
04/14
35
Quick Quack Car Wash:
Colorado Springs, CO
—
585
390
—
—
585
390
975
279
1978
09/06
20
QuikTrip:
Clive, IA
—
623
557
—
—
623
557
1,180
289
1994
06/05
30
Johnston, IA
—
394
385
—
—
394
385
779
200
1991
06/05
30
Fountain Inn, SC
—
723
3,289
—
—
723
3,289
4,012
419
2015
07/16
35
Charlotte, NC
—
739
3,512
3
—
740
3,514
4,254
384
2016
08/16
40
Marietta, GA
—
1,870
3,795
—
—
1,870
3,795
5,665
399
2016
10/16
40
Alpharetta, GA
—
1,665
3,700
—
—
1,665
3,700
5,365
328
2016
06/17
40
Roswell, GA
—
1,693
3,572
—
—
1,693
3,572
5,265
309
2016
07/17
40
Arvada, CO
—
705
633
—
—
705
633
1,338
64
1996
12/17
30
Concord, NC
—
1,529
3,993
—
—
1,529
3,993
5,522
304
2017
12/17
40
Qwest Corporation Service Center:
Cedar Rapids, IA
—
184
629
143
—
159
772
931
559
1976
06/05
20
Rabobank:
Chico, CA
—
346
—
—
—
346
(e)
346
(e)
(i)
07/12
(e)
Raising Cane's:
Lancaster, OH
—
600
—
1,075
—
600
1,075
1,675
218
2012
01/08
(g)
40
Cincinnati, OH
—
312
898
1,000
—
312
1,000
1,312
24
2002
08/10
40
Sulphur, LA
—
326
1,268
—
—
326
1,268
1,594
352
2009
04/11
35
Hurst, TX
—
763
—
1,309
—
763
1,309
2,072
301
2011
05/11
(m)
40
Fort Worth, TX
—
792
—
1,144
—
792
1,144
1,936
263
2011
06/11
(m)
40
See accompanying report of independent registered public accounting firm.
F-82
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Investment the Company has Invested in Under Operating Leases:
Plano, TX
—
1,316
—
1,349
—
1,316
1,349
2,665
311
2011
06/11
(m)
40
Pearland, TX
—
774
—
1,255
—
774
1,255
2,029
286
2011
07/11
(m)
40
Addison, TX
—
869
—
1,343
—
869
1,343
2,212
295
2012
10/11
(m)
40
Houston, TX
—
737
—
1,163
—
737
1,163
1,900
258
2012
10/11
(m)
40
Euless, TX
—
1,222
—
1,376
—
1,226
1,376
2,602
311
2011
12/11
(m)
40
Moore, OK
—
762
—
1,153
—
762
1,153
1,915
251
2012
01/12
(m)
40
Rowlett, TX
—
814
—
1,398
—
814
1,398
2,212
296
2012
02/12
(m)
40
Keller, TX
—
833
—
1,265
—
833
1,265
2,098
260
2012
06/12
(m)
40
Omaha, NE
—
1,181
—
1,676
—
1,181
1,676
2,857
334
2013
08/12
(m)
40
McKinney, TX
—
1,443
—
1,255
—
1,443
1,255
2,698
242
2013
11/12
(m)
40
Tulsa, OK
—
1,006
—
1,493
—
1,006
1,493
2,499
290
2013
12/12
(m)
40
Broken Arrow, OK
—
1,267
1,285
—
—
1,267
1,285
2,552
237
2013
04/13
40
Oklahoma City, OK
—
1,217
—
1,312
—
1,217
1,312
2,529
231
2013
06/13
(m)
40
Oklahoma City, OK
—
988
—
1,268
—
988
1,268
2,256
229
2013
06/13
(m)
40
Owasso, OK
—
641
—
1,313
—
641
1,313
1,954
228
2014
09/13
(m)
40
Longview, TX
—
1,020
—
1,488
—
1,020
1,488
2,508
240
2014
02/14
(m)
40
Georgetown, TX
—
1,101
—
1,830
—
1,101
1,830
2,931
288
2014
05/14
(m)
40
Centennial, CO
—
2,083
—
2,217
—
2,083
2,217
4,300
178
2017
04/17
(m)
40
Rallys:
Toledo, OH
—
126
320
—
—
126
320
446
235
1989
07/92
39
RBC Bank:
Altamonte Springs, FL
—
1,316
2,014
—
—
1,316
2,014
3,330
611
2007
05/10
35
Regal Theatre:
Bolingbrook, IL
—
2,937
3,032
1,500
—
2,937
4,532
7,469
1,750
1994
09/07
30
Rite Aid:
Norfolk, VA
—
2,742
1,797
—
—
2,742
1,797
4,539
848
2001
02/02
40
Thorndale, PA
—
2,261
2,472
—
—
2,261
2,472
4,733
1,166
2001
02/02
40
West Mifflin, PA
—
1,402
2,044
—
—
1,402
2,044
3,446
964
1999
02/02
40
Clinton Twp, MI
—
977
1,664
—
—
977
1,664
2,641
377
1998
03/14
30
Dowagiac, MI
—
409
1,609
—
—
409
1,609
2,018
364
1998
03/14
30
See accompanying report of independent registered public accounting firm.
F-83
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Investment the Company has Invested in Under Operating Leases:
Rite Care Pharmacy:
Dallas, TX (n)
—
2,407
2,299
320
—
2,407
2,618
5,025
960
1971
06/05
40
RNR Wheels / RNR Tire Express:
Anderson, SC
—
140
815
—
—
140
815
955
150
1996
07/14
35
Road Ranger:
Springfield, IL
—
705
1,500
—
—
705
1,500
2,205
545
1997
06/06
40
Belvidere, IL
—
1,098
1,256
1,257
—
1,098
2,513
3,611
779
1997
06/06
40
Brazil, IN
—
2,199
907
—
—
2,199
907
3,106
330
1990
06/06
40
Cherry Valley, IL
—
1,409
1,897
—
—
1,409
1,897
3,306
690
1991
06/06
40
Cottage Grove, WI
—
2,175
1,733
2
—
2,098
1,733
3,831
630
1990
06/06
40
Decatur, IL
—
815
1,314
—
—
815
1,314
2,129
478
2002
06/06
40
Dekalb, IL
—
747
1,658
—
—
747
1,658
2,405
603
2000
06/06
40
Elk Run Heights, IA
—
1,538
2,470
—
—
1,538
2,470
4,008
898
1989
06/06
40
Lake Station, IN
—
3,172
1,112
—
—
3,172
1,112
4,284
404
1987
06/06
40
Mendota, IL
—
1,218
3,295
—
—
1,218
3,295
4,513
1,002
1996
06/06
40
Oakdale, WI
—
1,844
1,663
—
—
1,844
1,663
3,507
605
1998
06/06
40
Rockford, IL
—
1,094
1,662
—
—
1,093
1,662
2,755
604
1996
06/06
40
Rockford, IL
—
623
1,331
7
—
596
803
1,399
292
2000
06/06
40
Springfield, IL
—
1,795
1,863
—
—
2,211
1,863
4,074
810
1978
06/06
40
Champaign, IL
—
3,241
2,008
—
—
3,241
2,008
5,249
696
2006
02/07
40
DeKalb, IL
—
505
1,503
—
—
505
1,503
2,008
521
2004
02/07
40
Fenton, MO
—
2,584
2,622
—
—
2,584
2,622
5,206
909
2007
02/07
40
Hampshire, IL
—
1,307
1,501
1,629
—
1,307
3,130
4,437
1,062
1988
02/07
(f)
40
Princeton, IL
—
1,141
3,066
—
—
1,141
3,066
4,207
1,064
2003
02/07
40
South Beloit, IL
—
3,824
2,309
—
—
3,824
2,309
6,133
801
2002
02/07
40
Cedar Rapids, IA
—
1,025
984
—
—
1,025
984
2,009
339
1990
03/07
40
Marion, IA
—
737
1,071
—
—
737
1,071
1,808
369
1974
03/07
40
Okawville, IL
—
1,530
1,147
1,034
—
1,536
2,181
3,717
625
1997
08/07
40
Dubuque, IA
—
561
1,941
—
—
561
1,941
2,502
645
2000
09/07
40
Belvidere, IL
—
521
1,053
—
—
521
1,053
1,574
346
2008
09/07
(f)
40
South Beloit, IL
—
1,182
1,324
—
—
1,182
1,324
2,506
435
2008
09/07
(f)
40
Chicago, IL
—
1,350
6,450
—
—
1,350
6,450
7,800
2,182
1970
07/12
25
See accompanying report of independent registered public accounting firm.
F-84
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Investment the Company has Invested in Under Operating Leases:
Bensenville, IL
—
842
3,164
—
—
842
3,164
4,006
611
2002
03/15
30
Loves Park, IL
—
911
2,283
—
—
911
2,283
3,194
378
2010
03/15
35
Roadrunner Markets:
Abingdon, VA
—
820
4,005
—
—
820
4,005
4,825
424
2012
04/17
35
Abingdon, VA
—
261
1,711
—
—
261
1,711
1,972
254
1992
04/17
25
Abingdon, VA
—
542
890
—
—
542
890
1,432
132
1972
04/17
25
Abingdon, VA
—
251
1,817
—
—
251
1,817
2,068
225
2001
04/17
30
Abingdon, VA
—
396
1,479
—
—
396
1,479
1,875
183
1984
04/17
30
Asheville, NC
—
966
1,690
—
—
966
1,690
2,656
251
1983
04/17
25
Asheville, NC
—
995
1,169
—
—
995
1,169
2,164
173
1994
04/17
25
Asheville, NC
—
502
2,154
—
—
502
2,154
2,656
266
1997
04/17
30
Blountville, TN
—
338
3,406
—
—
338
3,406
3,744
505
1968
04/17
25
Blountville, TN
—
242
1,189
—
—
242
1,189
1,431
176
1993
04/17
25
Bluff City, TN
—
174
2,587
—
—
174
2,587
2,761
320
1997
04/17
30
Bristol, TN
—
232
1,006
—
—
232
1,006
1,238
149
1979
04/17
25
Bristol, TN
—
224
272
—
—
224
272
496
34
1997
04/17
30
Bristol, VA
—
203
1,228
—
—
203
1,228
1,431
152
1986
04/17
30
Bristol, VA
—
135
1,151
—
—
135
1,151
1,286
171
1988
04/17
25
Bristol, VA
—
290
2,077
—
—
290
2,077
2,367
308
1986
04/17
25
Bristol, VA
—
174
814
—
—
174
814
988
101
1998
04/17
30
Bristol, VA
—
591
271
—
—
591
271
862
40
1980
04/17
25
Chilhowie, VA
—
213
2,154
—
—
213
2,154
2,367
266
2004
04/17
30
Columbus, NC
—
416
1,286
—
—
416
1,286
1,702
159
1998
04/17
30
Columbus, NC
—
242
1,730
—
—
242
1,730
1,972
257
1994
04/17
25
Elizabethton, TN
—
521
1,642
—
—
521
1,642
2,163
203
1997
04/17
30
Elizabethton, TN
—
174
1,797
—
—
174
1,797
1,971
266
1969
04/17
25
Erwin, TN
—
426
861
—
—
426
861
1,287
128
1989
04/17
25
Erwin, TN
—
425
3,512
—
—
425
3,512
3,937
434
2002
04/17
30
Glade Spring, VA
—
570
3,369
—
—
570
3,369
3,939
500
1991
04/17
25
Gray, TN
—
348
2,114
—
—
348
2,114
2,462
314
1983
04/17
25
Greeneville, TN
—
406
1,565
—
—
406
1,565
1,971
166
2016
04/17
35
Hampton, TN
—
232
2,481
—
—
232
2,481
2,713
307
1998
04/17
30
See accompanying report of independent registered public accounting firm.
F-85
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Investment the Company has Invested in Under Operating Leases:
Johnson City, TN
—
1,023
2,181
—
—
1,023
2,181
3,204
270
1996
04/17
30
Johnson City, TN
—
511
3,232
—
—
511
3,232
3,743
400
1998
04/17
30
Johnson City, TN
—
136
900
—
—
136
900
1,036
111
1995
04/17
30
Johnson City, TN
—
358
822
—
—
358
822
1,180
102
1987
04/17
30
Johnson City, TN
—
579
2,133
—
—
579
2,133
2,712
264
2005
04/17
30
Johnson City, TN
—
531
1,343
—
—
531
1,343
1,874
166
1989
04/17
30
Johnson City, TN
—
454
2,008
—
—
454
2,008
2,462
213
2014
04/17
35
Johnson City, TN
—
926
2,914
—
—
926
2,914
3,840
360
1997
04/17
30
Johnson City, TN
—
415
1,459
—
—
415
1,459
1,874
180
2004
04/17
30
Johnson City, TN
—
454
1,025
—
—
454
1,025
1,479
127
1996
04/17
30
Johnson City, TN
—
212
2,153
—
—
212
2,153
2,365
266
2006
04/17
30
Jonesborough, TN
—
145
1,334
—
—
145
1,334
1,479
198
1983
04/17
25
Jonesborough, TN
—
299
2,163
—
—
299
2,163
2,462
201
2010
04/17
40
Jonesborough, TN
—
531
3,107
—
—
531
3,107
3,638
329
2013
04/17
35
Kingsport, TN
—
97
1,382
—
—
97
1,382
1,479
205
1973
04/17
25
Kingsport, TN
—
521
2,336
—
—
521
2,336
2,857
289
1999
04/17
30
Kingsport, TN
—
222
1,257
—
—
222
1,257
1,479
186
1988
04/17
25
Kingsport, TN
—
475
320
—
—
475
320
795
40
1987
04/17
30
Kingsport, TN
—
319
1,160
—
—
319
1,160
1,479
143
2001
04/17
30
Kingsport, TN
—
106
1,623
—
—
106
1,623
1,729
241
1972
04/17
25
Kingsport, TN
—
521
2,683
—
—
521
2,683
3,204
398
1993
04/17
25
Kingsport, TN
—
214
282
—
—
214
282
496
42
1979
04/17
25
Kingsport, TN
—
107
534
—
—
107
534
641
79
1976
04/17
25
Kingsport, TN
—
415
1,555
—
—
415
1,555
1,970
231
1983
04/17
25
Kingsport, TN
—
359
455
—
—
359
455
814
56
1997
04/17
30
Kingsport, TN
—
463
1,999
—
—
463
1,999
2,462
212
2016
04/17
35
Kingsport, TN
—
97
891
—
—
97
891
988
132
1979
04/17
25
Landrum, SC
—
676
4,005
—
—
676
4,005
4,681
495
1999
04/17
30
Lebanon, VA
—
222
1,749
—
—
222
1,749
1,971
259
1989
04/17
25
Lebanon, VA
—
155
1,084
—
—
155
1,084
1,239
134
1998
04/17
30
Marion, VA
—
550
2,501
—
—
550
2,501
3,051
371
1994
04/17
25
Morristown, TN
—
242
601
—
—
242
601
843
89
1976
04/17
25
Morristown, TN
—
116
727
—
—
116
727
843
108
1974
04/17
25
Morristown, TN
—
280
1,449
—
—
280
1,449
1,729
215
1976
04/17
25
See accompanying report of independent registered public accounting firm.
F-86
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Investment the Company has Invested in Under Operating Leases:
Piney Flats, TN
—
463
2,191
—
—
463
2,191
2,654
271
1983
04/17
30
Rural Retreat, VA
—
319
2,540
—
—
319
2,540
2,859
377
1991
04/17
25
Waynesville, NC
—
261
2,395
—
—
261
2,395
2,656
296
1997
04/17
30
Robbins Diamonds:
Newark, DE
—
636
1,273
38
—
629
1,311
1,940
839
1994
12/94
40
Ross Dress for Less:
Coral Gables, FL
—
1,782
1,661
380
—
1,782
2,041
3,823
1,010
1994
06/96
38
Lodi, CA
—
614
1,415
—
—
614
1,415
2,029
609
1984
03/99
40
Ruby Tuesday:
Americus, GA
—
371
832
—
—
371
832
1,203
84
2007
12/17
30
Ashland, KY
—
623
1,084
—
—
623
1,084
1,707
110
2003
12/17
30
Athens, AL
—
895
308
—
—
895
308
1,203
31
2005
12/17
30
Austintown, OH
—
244
1,265
—
—
244
1,265
1,509
128
2003
12/17
30
Bedford, VA
—
696
606
—
—
696
606
1,302
61
2006
12/17
30
Big Rapids, MI
—
452
958
—
—
452
958
1,410
97
2006
12/17
30
Branson, MO
—
597
822
—
—
597
822
1,419
100
1994
12/17
25
Columbia, MD
—
1,760
244
—
—
1,760
244
2,004
30
1994
12/17
25
Concord, NC
—
778
425
—
—
778
425
1,203
43
2003
12/17
30
Edinburgh, IN
—
533
1,210
—
—
533
1,210
1,743
123
2005
12/17
30
Farmville, VA
—
461
742
—
—
461
742
1,203
75
2005
12/17
30
Fayetteville, NC
—
370
1,436
—
—
370
1,436
1,806
146
2000
12/17
30
Florence, SC
—
406
1,400
—
—
406
1,400
1,806
142
2002
12/17
30
Fuquay-Varina, NC
—
606
804
—
—
606
804
1,410
82
2003
12/17
30
Hopewell, VA
—
632
976
—
—
632
976
1,608
99
2005
12/17
30
Indianapolis, IN
—
877
326
—
—
877
326
1,203
28
2007
12/17
35
Inverness, FL
—
587
1,219
—
—
587
1,219
1,806
106
2006
12/17
35
Jacksonville, FL
—
833
244
—
—
833
244
1,077
25
2003
12/17
30
Kingsland, GA
—
1,066
641
—
—
1,066
641
1,707
65
2006
12/17
30
Leeds, AL
—
280
923
—
—
280
923
1,203
94
1999
12/17
30
Lincoln, NE
—
361
1,445
—
—
361
1,445
1,806
146
2002
12/17
30
New Bern, NC
—
470
832
—
—
470
832
1,302
84
2005
12/17
30
New Port Richey, FL
—
461
841
—
—
461
841
1,302
85
2001
12/17
30
See accompanying report of independent registered public accounting firm.
F-87
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Investment the Company has Invested in Under Operating Leases:
North Platte, NE
—
515
1,093
—
—
515
1,093
1,608
95
2007
12/17
35
Orangeburg, SC
—
605
1,399
—
—
605
1,399
2,004
142
2001
12/17
30
Roanoke, VA
—
606
804
—
—
606
804
1,410
82
2001
12/17
30
Royal Palm Beach, FL
—
994
416
—
—
994
416
1,410
42
2002
12/17
30
St. Augustine, FL
—
1,255
551
—
—
1,255
551
1,806
56
2004
12/17
30
Terre Haute, IN
—
371
832
—
—
371
832
1,203
84
2006
12/17
30
Troy, AL
—
226
1,184
—
—
226
1,184
1,410
120
2004
12/17
30
Vidalia, GA
—
407
1,201
—
—
407
1,201
1,608
122
1998
12/17
30
Warsaw, IN
—
524
778
—
—
524
778
1,302
79
1999
12/17
30
Waterville, ME
—
145
1,463
—
—
145
1,463
1,608
148
2002
12/17
30
Zephyrhills, FL
—
849
957
—
—
849
957
1,806
97
2005
12/17
30
Ruby's Place:
Swansea, IL
—
46
133
87
—
46
220
266
68
1997
12/01
(g)
40
Sally Beauty Supply:
Lapeer, MI
—
33
167
—
—
33
163
196
54
2007
10/05
40
Salons by JC:
Buford, GA
—
539
1,421
373
—
539
1,798
2,337
651
2003
07/04
(g)
40
Saltgrass Steakhouse:
San Marcos, TX
—
837
1,453
2,279
—
837
3,733
4,570
618
2000
11/06
40
Beaumont, TX
—
558
—
2,336
—
901
1,819
2,720
529
1975
09/10
(m)
30
San Antonio, TX
—
1,280
—
853
—
1,280
853
2,133
195
2011
08/11
(m)
40
Cypress, TX
—
1,071
—
1,886
—
1,071
1,886
2,957
399
2012
03/12
(m)
40
Midland, TX
—
837
2,073
—
—
837
2,073
2,910
447
1998
01/13
35
Port Arthur, TX
—
890
—
2,049
—
890
2,049
2,939
356
2014
08/13
(m)
40
McAllen, TX
—
1,390
—
1,148
—
1,393
1,146
2,539
217
2007
12/13
(m)
35
College Station, TX
—
934
—
2,076
—
934
2,076
3,010
327
2014
04/14
(m)
40
Lewisville, TX
—
1,268
—
2,456
—
1,268
2,456
3,724
312
2015
11/14
(m)
40
Waco, TX
—
730
—
2,321
—
730
2,321
3,051
307
2015
12/14
(m)
40
Odessa, TX
—
1,000
—
2,410
—
1,000
2,410
3,410
304
2015
01/15
(m)
40
Lubbock, TX
—
1,025
—
2,251
—
1,025
2,251
3,276
265
2016
10/15
(m)
40
Baytown, TX
—
1,208
—
2,455
—
1,208
2,455
3,663
243
2017
07/16
(m)
40
See accompanying report of independent registered public accounting firm.
F-88
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Investment the Company has Invested in Under Operating Leases:
Corpus Christi, TX
—
1,008
—
2,580
—
1,008
2,580
3,588
298
2016
09/16
(m)
35
Tyler, TX
—
1,622
—
2,615
—
1,622
2,615
4,237
231
2017
10/16
(m)
40
Oklahoma City, OK
—
853
—
2,359
—
853
2,359
3,212
252
1996
06/17
(o)
30
Pasadena, TX
—
1,498
—
2,783
—
1,498
2,783
4,281
212
2017
07/17
(m)
40
Little Rock, AR
—
1,140
—
2,606
—
1,140
2,606
3,746
187
2017
08/17
(m)
40
Sherwood, AR
—
1,166
—
2,666
—
1,166
2,666
3,832
181
2018
09/17
(m)
40
Tulsa, OK
—
1,327
—
2,832
—
1,327
2,832
4,159
168
2018
01/18
(m)
40
Hoover, AL
—
911
—
2,489
—
911
2,489
3,400
157
2003
03/18
(o)
35
Covington, LA
—
1,185
—
2,908
—
1,185
2,908
4,093
118
2018
04/18
(m)
40
The Colony, TX
—
1,549
—
2,937
—
1,549
2,937
4,486
144
2019
05/18
(m)
40
Savers Thrift Superstore:
Fairview Heights, IL
—
1,258
2,623
246
—
1,258
2,869
4,127
1,054
1980
10/05
(g)
40
Schlotzsky's Deli:
Phoenix, AZ
—
706
315
—
—
706
315
1,021
150
1995
12/01
40
Scottsdale, AZ
—
717
311
—
—
686
311
997
148
1995
12/01
40
Scotchman:
Hudson, NC
—
512
2,485
—
—
512
2,485
2,997
252
2002
12/17
30
Kings Mountain, NC
—
533
1,985
—
—
533
1,985
2,518
201
1999
12/17
30
Rock Hill, SC
—
319
1,588
—
—
319
1,588
1,907
193
1992
12/17
25
Rutherfordton, NC
—
213
1,839
—
—
213
1,839
2,052
186
1999
12/17
30
Rutherfordton, NC
—
349
2,160
—
—
349
2,160
2,509
263
1990
12/17
25
Shelby, NC
—
320
2,189
—
—
320
2,189
2,509
266
1994
12/17
25
Shelby, NC
—
184
1,783
—
—
184
1,783
1,967
217
1990
12/17
25
Season's 52:
Schaumburg, IL
—
2,065
1,311
—
—
2,065
(i)
2,065
(i)
(i)
12/01
(i)
Service First Automotive:
Katy, TX
—
1,370
2,704
—
—
1,370
2,704
4,074
138
2018
12/18
40
Spring, TX
—
1,860
2,716
—
—
1,860
2,716
4,576
139
2018
12/18
40
See accompanying report of independent registered public accounting firm.
F-89
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Investment the Company has Invested in Under Operating Leases:
Service King:
The Colony, TX
—
2,135
3,819
—
—
2,135
3,819
5,954
362
2016
03/17
40
Alsip, IL
—
300
689
—
—
300
689
989
36
1967
03/20
15
Chicago Heights, IL
—
209
957
—
—
209
957
1,166
38
1993
03/20
20
Highland, IN
—
454
838
—
—
454
838
1,292
44
1977
03/20
15
Orland Park, IL
—
172
1,578
—
—
172
1,578
1,750
50
2002
03/20
25
Schererville, IN
—
321
1,947
—
—
321
1,947
2,268
77
1996
03/20
20
Tinley Park, IL
—
127
1,405
—
—
127
1,405
1,532
44
1978
03/20
25
Shell:
Glendale, AZ
—
1,817
2,415
126
—
1,817
2,541
4,358
888
2001
05/08
40
Peoria, AZ
—
860
1,117
114
—
860
1,231
2,091
585
1987
05/08
30
Shop-a-Snak:
Bessemer, AL
—
564
742
—
—
564
742
1,306
271
2002
05/06
40
Chelsea, AL
—
391
628
—
—
391
628
1,019
229
1981
05/06
40
Jasper, AL
—
551
747
—
—
551
747
1,298
273
1998
05/06
40
Birmingham, AL
—
446
672
—
—
446
672
1,118
246
1989
05/06
40
Birmingham, AL
—
439
704
—
—
439
704
1,143
257
1989
05/06
40
Birmingham, AL
—
361
744
—
—
361
744
1,105
272
1989
05/06
40
Homewood, AL
—
468
657
—
—
468
657
1,125
240
1990
05/06
40
Hoover, AL
—
713
865
—
—
713
865
1,578
316
1998
05/06
40
Hoover, AL
—
764
1,157
—
—
663
1,157
1,820
423
2005
05/06
40
Hoover, AL
—
490
769
—
—
444
769
1,213
281
1992
05/06
40
Trussville, AL
—
272
542
—
—
256
542
798
198
1992
05/06
40
Tuscaloosa, AL
—
525
463
—
—
525
463
988
169
1991
05/06
40
Tuscaloosa, AL
—
432
559
—
—
432
559
991
205
1991
05/06
40
Tuscaloosa, AL
—
386
733
—
—
386
733
1,119
268
1991
05/06
40
See accompanying report of independent registered public accounting firm.
F-90
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Investment the Company has Invested in Under Operating Leases:
Showtime Auto:
Essexville, MI
—
113
113
—
—
113
113
226
56
1974
02/11
20
Skechers:
Sioux Falls, SD
—
207
1,490
788
—
207
2,278
2,485
437
1985
12/12
30
Sleep Number:
Tucson, AZ
—
906
—
1,271
—
906
1,271
2,177
187
2015
11/14
(m)
40
Billings, MT
—
708
—
1,086
—
708
1,086
1,794
110
2016
08/16
(m)
40
Dublin, OH
—
333
—
1,809
—
333
1,809
2,142
106
2014
09/18
(o)
35
Sleepy's:
Bay Shore, NY
—
674
1,907
—
—
674
1,907
2,581
340
1985
07/16
25
Bridgehampton, NY
—
1,819
2,283
—
—
1,819
2,283
4,102
339
2003
07/16
30
Dickson City, PA
—
509
3,563
—
—
509
3,563
4,072
529
1998
07/16
30
Farmingdale, NY
—
522
2,021
—
—
522
2,021
2,543
360
1999
07/16
25
Hasbrouck Heights, NJ
—
609
989
—
—
609
989
1,598
176
1965
07/16
25
Huntington Station, NY
—
437
1,766
—
—
437
1,766
2,203
315
1990
07/16
25
Ledgewood, NJ
—
456
1,312
—
—
456
1,312
1,768
234
1981
07/16
25
Middletown, NY
—
351
3,232
—
—
351
3,232
3,583
576
1977
07/16
25
Montgomeryville, PA
—
283
3,084
—
—
283
3,084
3,367
550
1988
07/16
25
Old Saybrook, CT
—
691
3,595
—
—
691
3,595
4,286
801
1929
07/16
20
Rockville Centre, NY
—
732
951
—
—
732
951
1,683
212
1925
07/16
20
Somers Point, NJ
—
313
1,691
—
—
313
1,691
2,004
251
2004
07/16
30
Watchung, NJ
—
587
2,662
—
—
587
2,662
3,249
475
1981
07/16
25
Waterford, CT
—
615
2,736
—
—
615
2,736
3,351
488
1976
07/16
25
Whitehall, PA
—
218
1,177
—
—
218
1,177
1,395
175
2002
07/16
30
Sonic:
Athens, AL
—
275
672
—
—
275
672
947
81
1996
05/17
30
Auburn, AL
—
360
804
—
—
360
804
1,164
97
2002
05/17
30
Auburn, AL
—
379
710
—
—
379
710
1,089
86
1996
05/17
30
Bedford, VA
—
256
550
—
—
256
550
806
57
2007
05/17
35
Bristol, TN
—
237
569
—
—
237
569
806
69
2001
05/17
30
See accompanying report of independent registered public accounting firm.
F-91
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Investment the Company has Invested in Under Operating Leases:
Columbus, GA
—
502
303
—
—
502
303
805
37
2001
05/17
30
Columbus, GA
—
341
531
—
—
341
531
872
64
1997
05/17
30
Dandridge, TN
—
142
730
—
—
142
730
872
88
2002
05/17
30
Danville, VA
—
331
691
—
—
331
691
1,022
72
2008
05/17
35
Decatur, AL
—
237
710
—
—
237
710
947
86
1998
05/17
30
Florence, AL
—
265
824
—
—
265
824
1,089
100
1997
05/17
30
Florence, AL
—
388
559
—
—
388
559
947
68
2001
05/17
30
Greeneville, TN
—
180
692
—
—
180
692
872
100
1990
05/17
25
Hampton Cove, AL
—
483
681
—
—
483
681
1,164
71
2006
05/17
35
Huntsville, AL
—
332
616
—
—
332
616
948
74
1999
05/17
30
Huntsville, AL
—
398
625
—
—
398
625
1,023
65
2005
05/17
35
Huntsville, AL
—
246
701
—
—
246
701
947
102
1992
05/17
25
Huntsville, AL
—
218
871
—
—
218
871
1,089
90
2008
05/17
35
Huntsville, AL
—
275
814
—
—
275
814
1,089
98
2001
05/17
30
Johnson City, TN
—
379
493
—
—
379
493
872
71
1994
05/17
25
Kingsport, TN
—
322
550
—
—
322
550
872
66
2000
05/17
30
Knoxville, TN
—
227
824
—
—
227
824
1,051
119
1987
05/17
25
Lanett, AL
—
322
550
—
—
322
550
872
66
1997
05/17
30
Madison, AL
—
454
634
—
—
454
634
1,088
77
2000
05/17
30
Madison, AL
—
303
720
—
—
303
720
1,023
87
1996
05/17
30
Marion, VA
—
95
852
—
—
95
852
947
103
1997
05/17
30
Millbrook, AL
—
549
540
—
—
549
540
1,089
65
2005
05/17
30
Montgomery, AL
—
729
360
—
—
729
360
1,089
37
2005
05/17
35
Montgomery, AL
—
227
644
—
—
227
644
871
78
1999
05/17
30
Morristown, TN
—
123
607
—
—
123
607
730
88
1977
05/17
25
Morristown, TN
—
275
597
—
—
275
597
872
87
1985
05/17
25
Moulton, AL
—
379
710
—
—
379
710
1,089
86
2005
05/17
30
Muscle Shoals, AL
—
208
880
—
—
208
880
1,088
106
1995
05/17
30
Newport, TN
—
142
664
—
—
142
664
806
80
2000
05/17
30
North Tazewell, VA
—
114
758
—
—
114
758
872
92
1993
05/17
30
Norton, VA
—
133
739
—
—
133
739
872
77
2007
05/17
35
Opelika, AL
—
663
360
—
—
663
360
1,023
43
2006
05/17
30
Phenix City, AL
—
322
701
—
—
322
701
1,023
85
1997
05/17
30
Prattville, AL
—
388
634
—
—
388
634
1,022
77
1994
05/17
30
See accompanying report of independent registered public accounting firm.
F-92
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Investment the Company has Invested in Under Operating Leases:
Roanoke, VA
—
265
757
—
—
265
757
1,022
78
2006
05/17
35
Rogersville, TN
—
57
815
—
—
57
815
872
98
1996
05/17
30
Sevierville, TN
—
436
511
—
—
436
511
947
74
1988
05/17
25
Chatsworth, GA
—
118
1,322
—
—
118
1,322
1,440
99
1998
02/19
25
Chattanooga, TN
—
306
1,155
—
—
306
1,155
1,461
72
2003
02/19
30
Chattanooga, TN
—
355
1,341
—
—
355
1,341
1,696
84
2000
02/19
30
Chattanooga, TN
—
286
1,047
—
—
286
1,047
1,333
78
1998
02/19
25
Chattanooga, TN
—
237
1,411
—
—
237
1,411
1,648
106
1997
02/19
25
Dalton, GA
—
237
712
—
—
237
712
949
45
2000
02/19
30
Sonic Automotive:
Charlotte, NC
—
3,619
4,854
—
—
3,619
4,854
8,473
1,653
1996
05/07
40
Sonny's BBQ:
Alachua, FL
—
536
2,144
—
—
536
2,144
2,680
118
1983
08/19
25
Belleview, FL
—
124
2,202
—
—
124
2,202
2,326
101
2001
08/19
30
Bushnell, FL
—
479
1,857
—
—
479
1,857
2,336
85
2003
08/19
30
Jacksonville, FL
—
1,100
1,770
—
—
1,100
1,770
2,870
81
2002
08/19
30
Jacksonville, FL
—
880
1,952
—
—
880
1,952
2,832
89
2004
08/19
30
Ocala, FL
—
660
2,841
—
—
660
2,841
3,501
130
1987
08/19
30
Ocala, FL
—
507
2,593
—
—
507
2,593
3,100
143
1977
08/19
25
Orange Park, FL
—
287
2,345
—
—
287
2,345
2,632
129
1976
08/19
25
Spring Hill, FL
—
689
2,373
—
—
689
2,373
3,062
130
1997
08/19
25
Southern Cove Outfitters:
Valdosta, GA
—
391
806
—
—
391
806
1,197
426
1999
01/99
(f)
40
Sparkling Image:
Bakersfield, CA
—
2,798
5,260
22
—
1,781
284
2,065
270
1997
03/08
35
Bakersfield, CA
—
3,363
3,288
—
—
3,363
3,288
6,651
1,052
2002
03/08
40
Bakersfield, CA
—
2,564
4,465
2,178
—
2,564
6,643
9,207
2,702
1988
03/08
30
Bakersfield, CA
—
3,346
6,016
—
—
3,346
6,016
9,362
2,195
1998
03/08
35
Bakersfield, CA
—
3,664
3,709
11
—
3,664
3,721
7,385
1,359
1994
03/08
35
Bakersfield, CA
—
2,043
3,520
40
—
2,043
719
2,762
398
1988
03/08
30
See accompanying report of independent registered public accounting firm.
F-93
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Investment the Company has Invested in Under Operating Leases:
San Fernando, CA
—
6,630
2,706
47
—
6,630
2,753
9,383
1,177
1988
03/08
30
Ventura, CA
—
5,590
4,431
94
—
5,590
4,526
10,116
1,444
2001
03/08
40
Ventura, CA
—
6,253
4,560
207
—
5,813
4,767
10,580
1,734
1994
03/08
35
Spec's Liquor and Fine Foods:
Corpus Christi, TX
—
768
841
601
—
768
1,442
2,210
869
1967
11/93
40
Coffee City, TX
—
1,330
3,858
—
—
1,330
3,858
5,188
1,531
1996
02/05
40
Speedy Cash:
Knoxville, TN
—
324
779
4
—
324
782
1,106
127
2014
04/15
35
Chicago, IL
—
317
859
—
—
317
859
1,176
118
2014
03/16
35
Spencer’s Air Conditioning & Appliance:
Glendale, AZ
—
342
982
—
—
342
982
1,324
527
1999
12/98
(g)
40
Staples:
Memphis, TN (n)
—
931
2,210
—
—
931
2,210
3,141
434
2011
02/14
35
Starplex Theatre:
Southington, CT
—
1,346
—
4,263
—
1,346
4,263
5,609
931
1993
05/14
(o)
30
Steak N Shake:
Munhall, PA
—
688
727
—
—
688
727
1,415
188
2002
07/14
25
South Bend, IN
—
447
1,238
—
—
447
1,238
1,685
266
2004
07/14
30
Sterling Collision:
Lombard, IL
—
622
1,714
—
—
622
1,714
2,336
551
1997
12/12
25
Stone Mountain Chevrolet:
Lilburn, GA (n)
—
3,027
4,685
—
—
3,027
4,685
7,712
1,918
2004
08/04
40
Stop N Go:
Grand Prairie, TX
—
421
685
—
—
421
685
1,106
326
1986
12/01
40
See accompanying report of independent registered public accounting firm.
F-94
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Investment the Company has Invested in Under Operating Leases:
Stripes:
Laredo, TX (n)
—
459
460
—
—
459
460
919
173
1983
12/05
40
Lawton, OK (n)
—
697
964
—
—
649
964
1,613
363
1984
12/05
40
Wichita Falls, TX (n)
—
440
751
—
—
440
751
1,191
283
1984
12/05
40
Wichita Falls, TX (n)
—
484
828
—
—
484
828
1,312
311
1983
12/05
40
Wichita Falls, TX (n)
—
905
1,351
—
—
905
1,351
2,256
508
2000
12/05
40
Monahans, TX (n)
—
2,628
2,973
—
—
2,628
2,973
5,601
976
1996
11/07
40
Odessa, TX (n)
—
2,633
3,199
—
—
2,633
3,199
5,832
1,050
2006
11/07
40
San Angelo, TX (n)
—
194
471
—
—
194
471
665
155
1998
11/07
40
Harlingen, TX (n)
—
329
935
—
—
329
935
1,264
404
1980
01/08
30
Houston, TX (n)
—
696
1,458
—
—
696
1,458
2,154
439
2008
12/08
40
Lubbock, TX (n)
—
671
1,612
—
—
671
1,612
2,283
485
2007
12/08
40
Corpus Christi, TX
—
661
2,624
—
—
661
2,624
3,285
798
1999
11/11
30
Corpus Christi, TX
—
412
2,356
—
—
412
2,356
2,768
717
1999
11/11
30
Corpus Christi, TX
—
450
1,370
—
—
450
1,370
1,820
417
1996
11/11
30
Harlingen, TX
—
230
2,356
—
—
230
2,356
2,586
717
2000
11/11
30
Laredo, TX
—
335
2,509
—
—
335
2,509
2,844
763
1999
11/11
30
Laredo, TX
—
421
3,016
—
—
421
3,016
3,437
917
1998
11/11
30
Laredo, TX
—
441
1,935
—
—
441
1,935
2,376
504
2002
11/11
35
Laredo, TX
—
938
5,829
—
—
938
5,829
6,767
1,773
1995
11/11
30
Mercedes, TX
—
556
1,523
—
—
556
1,523
2,079
463
1998
11/11
30
Portland, TX
—
488
4,710
—
—
488
4,710
5,198
1,432
1999
11/11
30
Rockport, TX
—
660
4,269
—
—
660
4,269
4,929
1,113
2008
11/11
35
San Juan, TX
—
565
1,179
—
—
565
1,179
1,744
359
1999
11/11
30
Sunbelt Rentals:
Dayton, OH
—
391
1,223
—
—
391
1,223
1,614
304
2008
04/12
35
Shepherdsville, KY
—
516
1,577
—
—
516
1,577
2,093
392
2009
04/12
35
Sunoco:
Arnold, MD
—
417
581
—
—
417
581
998
149
1993
04/13
30
Baltimore, MD
—
542
2,054
—
—
542
2,054
2,596
528
1998
04/13
30
See accompanying report of independent registered public accounting firm.
F-95
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Investment the Company has Invested in Under Operating Leases:
Baltimore, MD
—
523
2,809
—
—
523
2,809
3,332
866
1982
04/13
25
Baltimore, MD
—
368
1,647
—
—
368
1,647
2,015
423
1996
04/13
30
Baltimore, MD
—
455
2,122
—
—
455
2,122
2,577
654
1980
04/13
25
Baltimore, MD
—
310
1,686
—
—
310
1,686
1,996
371
2004
04/13
35
Baltimore, MD
—
620
1,279
—
—
620
1,279
1,899
329
1989
04/13
30
Baltimore, MD
—
271
1,482
—
—
271
1,482
1,753
457
1968
04/13
25
Bel Air, MD
—
1,376
620
—
—
1,376
620
1,996
159
1994
04/13
30
Bethesda, MD
—
1,414
1,347
—
—
1,414
1,347
2,761
415
1971
04/13
25
Chantilly, VA
—
1,472
1,831
—
—
1,472
1,831
3,303
565
1966
04/13
25
Dale City, VA
—
639
2,461
—
—
639
2,461
3,100
632
1992
04/13
30
Dumfries, VA
—
387
2,364
—
—
387
2,364
2,751
607
1999
04/13
30
Edgewood, MD
—
823
2,073
—
—
823
2,073
2,896
639
1985
04/13
25
Frederick, MD
—
940
1,860
—
—
940
1,860
2,800
478
1996
04/13
30
Gaithersburg, MD
—
1,027
2,073
—
—
1,027
2,073
3,100
639
1982
04/13
25
Glen Burnie, MD
—
804
1,647
—
—
804
1,647
2,451
423
1994
04/13
30
Herndon, VA
—
707
1,792
—
—
707
1,792
2,499
460
1989
04/13
30
Joppa, MD
—
862
174
—
—
862
174
1,036
54
1987
04/13
25
Manassas, VA
—
1,230
1,521
—
—
1,230
1,521
2,751
391
1991
04/13
30
Manassas, VA
—
746
1,434
—
—
746
1,434
2,180
368
1993
04/13
30
Odenton, MD
—
668
2,780
—
—
668
2,780
3,448
714
2000
04/13
30
Owings Mills, MD
—
1,337
911
—
—
1,337
911
2,248
234
1994
04/13
30
Parkton, MD
—
397
2,151
—
—
397
2,151
2,548
553
1993
04/13
30
Pasadena, MD
—
407
1,492
—
—
407
1,492
1,899
383
1989
04/13
30
Pasadena, MD
—
591
2,509
—
—
579
2,509
3,088
645
1997
04/13
30
Perryville, MD
—
601
3,778
—
—
601
3,778
4,379
971
1990
04/13
30
Randallstown, MD
—
746
1,715
—
—
746
1,715
2,461
441
1995
04/13
30
Reisterstown, MD
—
649
2,354
—
—
649
2,354
3,003
605
1995
04/13
30
Rockville, MD
—
1,996
2,054
—
—
1,996
2,054
4,050
633
1971
04/13
25
Severn, MD
—
765
3,139
—
—
765
3,139
3,904
806
1987
04/13
30
Sterling, VA
—
1,356
1,095
—
—
1,356
1,095
2,451
281
1997
04/13
30
Sterling, VA
—
1,540
2,461
—
—
1,540
2,461
4,001
632
1998
04/13
30
Timonium, MD
—
1,356
1,598
—
—
1,356
1,598
2,954
493
1981
04/13
25
Towson, MD
—
630
2,771
—
—
630
2,771
3,401
854
1988
04/13
25
Woodbridge, VA
—
678
2,664
—
—
678
2,664
3,342
821
1988
04/13
25
See accompanying report of independent registered public accounting firm.
F-96
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Investment the Company has Invested in Under Operating Leases:
Sunshine Energy:
Kansas City, MO
—
517
720
—
—
517
720
1,237
330
1993
07/09
25
SunTrust:
Alexandria, VA
—
2,735
732
—
—
2,735
732
3,467
368
1969
06/13
15
Alpharetta, GA
—
1,625
1,366
—
—
1,625
1,366
2,991
515
1991
06/13
20
Alpharetta, GA
—
1,056
1,425
—
—
1,056
1,425
2,481
358
2005
06/13
30
Atlanta, GA
—
2,130
1,623
—
—
2,130
1,623
3,753
612
1976
06/13
20
Augusta, GA
—
865
872
—
—
865
872
1,737
657
1972
06/13
10
Black Mountain, NC
—
780
655
—
—
780
655
1,435
655
1943
06/13
5
Bladensburg, MD
—
1,528
1,538
—
—
1,528
1,538
3,066
387
1946
06/13
30
Bradenton, FL
—
437
1,251
—
—
429
1,251
1,680
315
1980
06/13
30
Chattanooga, TN
—
260
374
—
—
260
374
634
374
1981
06/13
5
Chattanooga, TN
—
336
341
—
—
336
341
677
341
1974
06/13
5
Conyers, GA
—
366
501
—
—
366
501
867
378
1986
06/13
10
Daytona Beach Shores,
FL
—
318
720
—
—
318
720
1,038
217
1982
06/13
25
Deland, FL
—
270
1,296
—
—
270
1,296
1,566
326
1993
06/13
30
Duluth, GA
—
851
845
—
—
851
845
1,696
319
1992
06/13
20
Edgewater, FL
—
419
1,417
—
—
419
1,417
1,836
356
1986
06/13
30
Greenacres City, FL
—
1,395
1,533
—
—
1,395
1,533
2,928
385
1988
06/13
30
Greensboro, NC
—
516
394
—
—
430
394
824
394
1980
06/13
5
Hialeah, FL
—
2,578
1,149
—
—
2,578
1,149
3,727
867
1978
06/13
10
Huntersville, NC
—
177
830
—
—
177
830
1,007
250
1998
06/13
25
Jacksonville, FL
—
938
926
—
—
938
926
1,864
349
1979
06/13
20
Jacksonville, FL
—
674
821
—
—
674
821
1,495
248
1987
06/13
25
Jupiter, FL
—
1,035
1,327
—
—
1,035
1,327
2,362
286
1998
06/13
35
Kannapolis, NC
—
850
834
—
—
850
834
1,684
834
1906
06/13
5
Kernersville, NC
—
284
708
—
—
284
708
992
356
1990
06/13
15
Lady Lake, FL
—
340
1,355
—
—
340
1,355
1,695
341
1996
06/13
30
Lake City, TN
—
326
514
—
—
326
514
840
514
1958
06/13
5
Largo, FL
—
258
643
—
—
258
643
901
243
1979
06/13
20
Lawrenceville, GA
—
657
1,764
—
—
657
1,764
2,421
1,330
1985
06/13
10
Lightfoot, VA
—
2,735
732
—
—
2,735
732
3,467
368
1969
06/13
15
See accompanying report of independent registered public accounting firm.
F-97
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Investment the Company has Invested in Under Operating Leases:
Marietta, GA
—
617
714
—
—
617
714
1,331
539
1974
06/13
10
Mechanicsville, VA
—
343
493
—
—
343
493
836
493
1965
06/13
5
Murfreesboro, TN
—
276
554
—
—
276
554
830
278
1989
06/13
15
N Miami Beach, FL
—
915
497
—
—
915
497
1,412
250
1986
06/13
15
Nashville, TN
—
438
1,295
—
—
438
1,295
1,733
325
1994
06/13
30
Nashville, TN
—
627
639
—
—
627
639
1,266
482
1972
06/13
10
New Port Richey, FL
—
463
1,178
—
—
463
1,178
1,641
355
1998
06/13
25
Norcross, GA
—
789
663
—
—
789
663
1,452
333
1986
06/13
15
Orlando, FL
—
801
1,135
—
—
801
1,135
1,936
428
1993
06/13
20
Palm Harbor, FL
—
532
384
—
—
532
384
916
290
1983
06/13
10
Punta Gorda, FL
—
1,483
1,330
—
—
1,483
1,330
2,813
501
1972
06/13
20
Richmond, VA
—
283
245
—
—
283
245
528
245
1973
06/13
5
Richmond, VA
—
263
563
—
—
263
563
826
425
1981
06/13
10
Richmond, VA
—
398
673
—
—
398
673
1,071
673
1972
06/13
5
Roanoke, VA
—
264
256
—
—
264
256
520
256
1973
06/13
5
Roxboro, NC
—
452
918
—
—
452
918
1,370
462
1983
06/13
15
Sebastian, FL
—
438
856
—
—
438
856
1,294
323
1987
06/13
20
South Boston, VA
—
221
1,441
—
—
221
1,441
1,662
543
1975
06/13
20
Spartanburg, SC
—
435
372
—
—
435
372
807
281
1921
06/13
10
Spring Hill, FL
—
460
1,102
—
—
460
1,102
1,562
1,102
1973
06/13
5
Spring Hill, FL
—
631
1,950
—
—
631
1,950
2,581
490
1988
06/13
30
Sun City Center, FL
—
568
3,671
—
—
568
3,671
4,239
791
1971
06/13
35
Tucker, GA
—
395
1,208
—
—
395
1,208
1,603
455
1971
06/13
20
Virginia Beach, VA
—
326
366
—
—
326
366
692
276
1985
06/13
10
Superior Petroleum:
Midway, PA
—
311
708
—
—
311
708
1,019
353
1990
01/06
30
Supervalu:
Maple Heights, OH
—
1,035
2,874
—
—
1,035
2,874
3,909
1,716
1985
02/97
40
Sweet Berries Cafe:
Sherman, TX
—
233
126
24
—
233
150
383
106
1969
09/06
20
See accompanying report of independent registered public accounting firm.
F-98
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Investment the Company has Invested in Under Operating Leases:
Taco Bell:
Ocala, FL
—
275
755
—
—
275
755
1,030
359
2001
12/01
40
Phoenix, AZ
—
594
283
—
—
594
283
877
135
1995
12/01
40
Bedford, IN
—
797
937
—
—
797
937
1,734
343
1989
05/06
40
Columbus, IN
—
690
1,213
—
—
690
1,213
1,903
443
2005
05/06
40
Columbus, IN
—
1,257
2,055
—
—
1,257
2,055
3,312
751
1990
05/06
40
Evansville, IN
—
221
828
—
—
221
828
1,049
303
2003
05/06
40
Evansville, IN
—
308
1,301
—
—
308
1,301
1,609
475
2000
05/06
40
Evansville, IN
—
524
1,815
—
—
524
1,815
2,339
664
2005
05/06
40
Fishers, IN
—
990
486
—
—
990
486
1,476
178
1998
05/06
40
Greensburg, IN
—
648
1,079
—
—
648
1,079
1,727
395
1998
05/06
40
Indianapolis, IN
—
1,032
1,650
—
—
1,032
1,650
2,682
603
2004
05/06
40
Indianapolis, IN
—
547
703
—
—
547
703
1,250
257
2004
05/06
40
Madisonville, KY
—
682
1,193
—
—
682
1,193
1,875
436
1999
05/06
40
Owensboro, KY
—
639
1,326
—
—
639
1,326
1,965
485
2005
05/06
40
Shelbyville, IN
—
670
1,756
—
—
670
1,756
2,426
642
1998
05/06
40
Speedway, IN
—
408
1,426
—
—
408
1,426
1,834
521
2003
05/06
40
Terre Haute, IN
—
1,037
1,656
—
—
1,037
1,656
2,693
605
2003
05/06
40
Terre Haute, IN
—
1,314
2,249
—
—
1,314
2,249
3,563
822
2003
05/06
40
Vincennes, IN
—
502
880
—
—
502
880
1,382
322
2004
05/06
40
Hialeah, FL
—
263
69
—
—
263
(i)
263
(i)
(i)
09/06
(i)
Anderson, SC
—
176
436
—
—
176
436
612
146
2000
12/10
30
Anderson, SC
—
273
820
—
—
273
820
1,093
329
1989
12/10
25
Asheville, NC
—
408
732
—
—
408
732
1,140
294
1992
12/10
25
Asheville, NC
—
252
483
—
—
252
483
735
194
1993
12/10
25
Black Mountain, NC
—
149
313
—
—
149
313
462
126
1992
12/10
25
Blue Ridge, GA
—
276
553
—
—
276
553
829
222
1992
12/10
25
Cedartown, GA
—
353
890
—
—
353
890
1,243
358
1990
12/10
25
Duncan, SC
—
280
483
—
—
280
483
763
162
1999
12/10
30
Easley, SC
—
444
818
—
—
444
818
1,262
329
1991
12/10
25
Fort Payne, AL
—
362
533
—
—
362
533
895
214
1989
12/10
25
Franklin, NC
—
472
687
—
—
472
687
1,159
276
1992
12/10
25
Gaffney, SC
—
388
940
—
—
388
940
1,328
315
1998
12/10
30
Greenville, SC
—
169
330
—
—
169
330
499
133
1990
12/10
25
Greenville, SC
—
414
810
—
—
414
810
1,224
271
1995
12/10
30
See accompanying report of independent registered public accounting firm.
F-99
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Investment the Company has Invested in Under Operating Leases:
Hendersonville, NC
—
569
1,163
—
—
569
1,163
1,732
467
1988
12/10
25
Inman, SC
—
223
502
—
—
223
502
725
168
1999
12/10
30
Lavonia, GA
—
122
359
—
—
122
359
481
120
1999
12/10
30
Madison, AL
—
498
886
—
—
498
886
1,384
356
1985
12/10
25
Oneonta, AL
—
362
881
—
—
362
881
1,243
354
1992
12/10
25
Piedmont, SC
—
249
702
—
—
249
702
951
235
2000
12/10
30
Pisgah Forest, NC
—
260
672
—
—
260
672
932
225
1998
12/10
30
Rainsville, AL
—
411
1,077
—
—
411
1,077
1,488
361
1998
12/10
30
Seneca, SC
—
304
807
—
—
304
807
1,111
324
1993
12/10
25
Simpsonville, SC
—
635
1,022
—
—
635
1,022
1,657
411
1991
12/10
25
Spartanburg, SC
—
239
496
—
—
239
496
735
166
1992
12/10
30
Spartanburg, SC
—
492
949
—
—
492
949
1,441
318
1993
12/10
30
Sylva, NC
—
580
786
—
—
580
786
1,366
263
1994
12/10
30
Toccoa, GA
—
201
600
—
—
201
600
801
201
1993
12/10
30
Anderson, IN
—
313
1,338
—
—
313
1,338
1,651
307
2008
12/12
35
Bloomington, IN
—
332
1,234
—
—
332
1,234
1,566
284
2009
12/12
35
Bloomington, IN
—
275
1,026
—
—
275
1,026
1,301
330
1988
12/12
25
Carmel, IN
—
360
1,546
—
—
360
1,546
1,906
414
1994
12/12
30
Daleville, IN
—
209
893
—
—
209
893
1,102
239
1995
12/12
30
Edinburgh, IN
—
313
1,338
—
—
313
1,338
1,651
307
2007
12/12
35
Evansville, IN
—
209
1,092
—
—
209
1,092
1,301
251
2008
12/12
35
Indianapolis, IN
—
247
931
—
—
247
931
1,178
250
1995
12/12
30
Indianapolis, IN
—
256
1,102
—
—
256
1,102
1,358
253
2008
12/12
35
Indianapolis, IN
—
304
1,206
—
—
304
1,206
1,510
277
2010
12/12
35
Indianapolis, IN
—
351
1,452
—
—
351
1,452
1,803
389
2005
12/12
30
Indianapolis, IN
—
285
1,225
—
—
285
1,225
1,510
281
2008
12/12
35
Indianapolis, IN
—
209
799
—
—
208
799
1,007
214
1994
12/12
30
Jasper, IN
—
200
960
—
—
200
960
1,160
257
1992
12/12
30
New Castle, IN
—
427
1,830
—
—
427
1,830
2,257
491
2006
12/12
30
Owensboro, KY
—
436
1,119
—
—
436
1,119
1,555
257
2010
12/12
35
Connersville, IN
—
136
1,280
—
—
136
1,280
1,416
318
1991
07/13
30
See accompanying report of independent registered public accounting firm.
F-100
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Investment the Company has Invested in Under Operating Leases:
Linton, IN
—
155
1,203
—
—
155
1,203
1,358
299
1996
07/13
30
Owensboro, KY
—
136
1,549
—
—
136
1,549
1,685
385
1998
07/13
30
Arnold, MO
—
436
698
—
—
436
698
1,134
206
1991
08/13
25
Collinsville, IL
—
368
1,713
—
—
368
1,713
2,081
505
1993
08/13
25
East Alton, IL
—
271
1,008
—
—
271
1,008
1,279
248
1991
08/13
30
Edwardsville, IL
—
310
1,549
—
—
310
1,549
1,859
381
1987
08/13
30
Eureka, MO
—
466
466
—
—
466
466
932
137
1984
08/13
25
Granite City, IL
—
707
852
—
—
707
852
1,559
180
2006
08/13
35
Hazelwood, MO
—
513
1,470
—
—
513
1,470
1,983
361
1991
08/13
30
Maryland Heights, MO
—
407
862
—
—
407
862
1,269
212
1991
08/13
30
O'Fallon, MO
—
580
1,403
—
—
580
1,403
1,983
296
2003
08/13
35
O'Fallon, MO
—
445
1,770
—
—
445
1,770
2,215
435
1985
08/13
30
St. Charles, MO
—
581
872
—
—
580
872
1,452
214
2000
08/13
30
St. Louis, MO
—
252
1,047
—
—
252
1,047
1,299
309
1981
08/13
25
St. Louis, MO
—
465
1,171
—
—
465
1,171
1,636
247
2009
08/13
35
St. Louis, MO
—
252
785
—
—
252
785
1,037
193
1990
08/13
30
Fayetteville, NC
—
497
1,691
—
—
497
1,691
2,188
369
2008
06/14
30
Fayetteville, NC
—
686
1,631
—
—
686
1,631
2,317
427
1992
06/14
25
Fayetteville, NC
—
607
1,135
—
—
577
1,135
1,712
297
1982
06/14
25
Fayetteville, NC
—
298
1,989
—
—
298
1,989
2,287
434
2005
06/14
30
Fayetteville, NC
—
448
1,334
—
—
448
1,334
1,782
291
1998
06/14
30
Fayetteville, NC
—
388
1,552
—
—
388
1,552
1,940
338
1996
06/14
30
Fayetteville, NC
—
149
1,652
—
—
149
1,652
1,801
432
1988
06/14
25
Fayetteville, NC
—
269
1,771
—
—
269
1,771
2,040
463
1993
06/14
25
Fayetteville, NC
—
289
1,205
—
—
289
1,205
1,494
263
1998
06/14
30
Holly Ridge, NC
—
189
1,791
—
—
189
1,791
1,980
335
2012
06/14
35
Hope Mills, NC
—
438
2,138
—
—
438
2,138
2,576
559
1990
06/14
25
Jacksonville, NC
—
398
2,069
—
—
398
2,069
2,467
451
1994
06/14
30
Jacksonville, NC
—
577
1,304
—
—
577
1,304
1,881
244
2013
06/14
35
Jacksonville, NC
—
428
2,327
—
—
428
2,327
2,755
609
1993
06/14
25
Jacksonville, NC
—
388
2,347
—
—
388
2,347
2,735
439
2007
06/14
35
Leland, NC
—
289
1,205
—
—
289
1,205
1,494
225
2008
06/14
35
Lumberton, NC
—
368
2,208
—
—
368
2,208
2,576
481
2003
06/14
30
Midway Park, NC
—
467
2,069
—
—
467
2,069
2,536
541
1993
06/14
25
See accompanying report of independent registered public accounting firm.
F-101
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Investment the Company has Invested in Under Operating Leases:
Pembroke, NC
—
438
1,095
—
—
438
1,095
1,533
239
2008
06/14
30
Saint Pauls, NC
—
419
767
—
—
419
767
1,186
167
2008
06/14
30
Shallotte, NC
—
329
827
—
—
329
827
1,156
155
2011
06/14
35
Spring Lake, NC
—
408
2,009
—
—
408
2,009
2,417
375
2009
06/14
35
Whiteville, NC
—
179
1,315
—
—
179
1,315
1,494
246
2010
06/14
35
Wilmington, NC
—
547
1,423
—
—
547
1,423
1,970
266
2013
06/14
35
Wilmington, NC
—
239
1,463
—
—
239
1,463
1,702
274
2013
06/14
35
Wilmington, NC
—
587
2,277
—
—
587
2,277
2,864
426
2006
06/14
35
Swansboro, NC
—
430
1,359
—
—
430
1,359
1,789
194
2015
04/15
40
Buffalo Grove, IL
—
234
1,236
—
—
234
1,236
1,470
237
1987
03/16
25
Columbia City, IN
—
122
1,535
—
—
122
1,535
1,657
294
1990
03/16
25
Dowagiac, MI
—
131
1,236
—
—
131
1,236
1,367
197
1999
03/16
30
Edwardsburg, MI
—
47
1,479
—
—
47
1,479
1,526
236
1998
03/16
30
Elkhart, IN
—
393
1,618
—
—
393
1,618
2,011
222
2008
03/16
35
Fox Lake, IL
—
309
1,376
—
—
309
1,376
1,685
220
2006
03/16
30
Freeport, IL
—
84
2,141
—
—
84
2,141
2,225
342
1999
03/16
30
Kendallville, IN
—
150
1,637
—
—
150
1,637
1,787
262
1992
03/16
30
Knox, IN
—
66
1,255
—
—
66
1,255
1,321
241
1993
03/16
25
Lake Delton, WI
—
815
599
—
—
815
599
1,414
82
2011
03/16
35
Lake In The Hills, IL
—
402
2,029
—
—
366
2,029
2,395
324
1998
03/16
30
Ligonier, IN
—
216
1,021
—
—
216
1,021
1,237
163
2000
03/16
30
Lindenhurst, IL
—
609
768
—
—
609
768
1,377
123
1999
03/16
30
McHenry, IL
—
468
1,814
—
—
468
1,814
2,282
290
2006
03/16
30
Monroe, WI
—
515
1,030
—
—
515
1,030
1,545
164
1999
03/16
30
Mundelein, IL
—
131
1,544
—
—
131
1,544
1,675
247
2004
03/16
30
Mundelein, IL
—
178
1,134
—
—
178
1,134
1,312
181
1999
03/16
30
Nappanee, IN
—
178
1,404
—
—
178
1,404
1,582
192
2008
03/16
35
Portage, WI
—
197
1,479
—
—
197
1,479
1,676
236
1999
03/16
30
Richland Center, WI
—
215
1,236
—
—
215
1,236
1,451
197
2000
03/16
30
Rochester, IN
—
215
1,787
—
—
215
1,787
2,002
342
1993
03/16
25
Rockford, IL
—
328
1,413
—
—
328
1,413
1,741
226
1999
03/16
30
Roscoe, IL
—
346
1,479
—
—
346
1,479
1,825
202
2010
03/16
35
Roseland, IN
—
496
880
—
—
496
880
1,376
141
2001
03/16
30
Round Lake Beach, IL
—
159
2,169
—
—
159
2,169
2,328
346
2005
03/16
30
South Bend, IN
—
365
1,170
—
—
365
1,170
1,535
160
2014
03/16
35
See accompanying report of independent registered public accounting firm.
F-102
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Investment the Company has Invested in Under Operating Leases:
South Bend, IN
—
291
788
—
—
291
788
1,079
126
2006
03/16
30
South Bend, IN
—
365
965
—
—
365
965
1,330
132
2010
03/16
35
St. Joseph, MI
—
94
1,413
—
—
94
1,413
1,507
194
2007
03/16
35
Watervliet, MI
—
281
1,105
—
—
281
1,105
1,386
176
2000
03/16
30
Wauconda, IL
—
169
1,358
—
—
169
1,358
1,527
217
2001
03/16
30
Waukegan, IL
—
570
1,674
—
—
570
1,674
2,244
321
1997
03/16
25
West Baraboo, WI
—
150
1,348
—
—
150
1,348
1,498
215
1999
03/16
30
Wheeling, IL
—
486
1,861
—
—
486
1,861
2,347
297
2000
03/16
30
Winnebago, IL
—
131
1,041
—
—
131
1,041
1,172
143
2009
03/16
35
Wisconsin Dells, WI
—
365
1,095
—
—
365
1,095
1,460
175
1999
03/16
30
Zion, IL
—
150
1,554
—
—
150
1,554
1,704
213
2008
03/16
35
Taco Bueno:
Moore, OK
—
624
507
—
—
624
507
1,131
72
2015
01/15
40
Flower Mound, TX
—
1,056
—
617
—
1,056
617
1,673
59
2017
04/16
(m)
40
Sulphur Springs, TX
—
512
—
607
—
512
607
1,119
54
2017
03/17
(m)
40
Taco Cabana:
Austin, TX
—
561
1,227
—
—
561
1,227
1,788
206
1994
02/15
35
Houston, TX
—
1,070
978
—
—
1,016
978
1,994
230
1998
02/15
25
Houston, TX
—
667
852
—
—
667
852
1,519
167
2000
02/15
30
Houston, TX
—
590
1,284
—
—
590
1,284
1,874
252
1987
02/15
30
San Antonio, TX
—
492
1,283
—
—
492
1,283
1,775
215
1995
02/15
35
Tamarind Restaurant:
Tucson, AZ
—
996
—
2,742
—
996
2,742
3,738
911
2007
12/06
(m)
40
Texas Roadhouse:
Grand Junction, CO
—
584
920
—
—
584
920
1,504
438
1997
12/01
40
Palm Bay, FL
—
1,035
1,512
—
—
1,035
1,512
2,547
481
2004
06/11
30
TGI Friday's:
Corpus Christi, TX
—
1,210
1,532
—
—
1,157
1,532
2,689
729
1995
12/01
40
See accompanying report of independent registered public accounting firm.
F-103
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Investment the Company has Invested in Under Operating Leases:
The Beach:
Mason, OH
—
1,707
1,303
—
—
1,707
1,303
3,010
406
1985
03/13
25
The Container Store:
Plano, TX
—
1,758
5,115
—
—
1,758
5,115
6,873
1,114
2009
05/13
35
The Juicy Seafood Restaurant:
Muscle Shoals, AL
—
907
—
1,506
—
907
1,506
2,413
227
2014
06/14
(m)
40
The Shack:
Overland Park, KS
—
1,166
—
1,741
—
1,166
1,741
2,907
397
2011
04/11
(m)
40
The Shedd Rent It All:
Tigard, OR
—
1,540
2,247
—
—
1,540
2,247
3,787
1,243
1995
11/98
40
The Snooty Fox:
Cincinnati, OH
—
282
521
403
—
543
662
1,205
292
1998
12/01
40
The Tile Shop:
Scarsdale, NY
—
4,509
2,454
352
—
4,509
2,807
7,316
1,114
1996
09/97
40
Buford, GA
—
1,267
2,406
25
—
1,267
2,430
3,697
997
2003
07/04
40
Third Federal Savings:
Parma, OH
—
370
238
1,100
—
370
1,338
1,708
901
1977
09/06
20
Tile Outlets of America:
Sarasota, FL
—
1,168
1,904
793
—
1,228
2,639
3,867
1,069
1988
09/97
40
Tire Engineers:
Amarillo, TX
—
244
713
—
—
244
713
957
86
2001
05/17
30
Columbia, SC
—
345
453
—
—
345
453
798
66
1973
05/17
25
Columbia, SC
—
411
812
—
—
411
812
1,223
98
2007
05/17
30
Lexington, SC
—
536
1,237
—
—
536
1,237
1,773
149
2001
05/17
30
Orangeburg, SC
—
327
445
—
—
327
445
772
54
2005
05/17
30
See accompanying report of independent registered public accounting firm.
F-104
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Investment the Company has Invested in Under Operating Leases:
West Columbia, SC
—
486
1,546
—
—
486
1,546
2,032
187
2008
05/17
30
Pooler, GA
—
764
—
1,303
—
764
1,303
2,067
94
2017
08/17
(m)
40
Tire Kingdom:
Sanford, FL
—
1,157
1,887
—
—
1,157
1,887
3,044
191
2006
12/17
30
Tire Zone:
Warrenton, VA
—
123
66
—
—
123
66
189
65
1939
02/11
10
TitleMax:
Geneva, IL
—
473
436
—
—
484
375
859
191
1996
12/01
40
Mobile, AL
—
491
498
—
—
491
498
989
237
1997
12/01
40
Dallas, TX
—
1,554
1,229
46
—
1,554
1,275
2,829
491
1982
06/05
40
Aiken, SC
—
442
646
—
—
442
646
1,088
266
1989
08/08
30
Anniston, AL
—
160
453
—
—
160
453
613
140
2008
08/08
40
Berkeley, MO
—
237
282
—
—
237
282
519
175
1961
08/08
20
Cheraw, SC
—
88
330
—
—
88
330
418
163
1976
08/08
25
Columbia, SC
—
212
319
—
—
212
319
531
132
1987
08/08
30
Dalton, GA
—
178
347
—
—
178
347
525
172
1972
08/08
25
Darlington, SC
—
47
267
—
—
47
267
314
132
1973
08/08
25
Fairfield, AL
—
133
178
—
—
133
178
311
88
1974
08/08
25
Gadsden, AL
—
250
389
—
—
250
389
639
120
2007
08/08
40
Hueytown, AL
—
135
93
—
—
135
93
228
93
1948
08/08
10
Jonesboro, GA
—
675
292
—
—
675
292
967
145
1970
08/08
25
Lawrenceville, GA
—
370
332
—
—
370
332
702
137
1986
08/08
30
Lewisburg, TN
—
70
298
—
—
70
298
368
105
1998
08/08
35
Macon, GA
—
103
290
—
—
103
290
393
179
1967
08/08
20
Marietta, GA
—
285
278
—
—
285
278
563
172
1967
08/08
20
Memphis, TN
—
226
444
—
—
226
444
670
183
1986
08/08
30
Memphis, TN
—
111
237
—
—
111
237
348
98
1981
08/08
30
Montgomery, AL
—
96
233
—
—
95
233
328
115
1970
08/08
25
Nashville, TN
—
268
276
—
—
268
276
544
137
1978
08/08
25
Nashville, TN
—
256
301
—
—
256
301
557
124
1982
08/08
30
See accompanying report of independent registered public accounting firm.
F-105
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Investment the Company has Invested in Under Operating Leases:
Norcross, GA
—
599
350
—
—
599
350
949
173
1975
08/08
25
Pulaski, TN
—
109
361
—
—
109
361
470
149
1986
08/08
30
Riverdale, GA
—
877
400
—
—
877
400
1,277
198
1978
08/08
25
Springfield, MO
—
125
230
—
—
125
230
355
114
1979
08/08
25
Springfield, MO
—
220
400
—
—
220
400
620
198
1979
08/08
25
St. Louis, MO
—
244
288
—
—
244
288
532
142
1971
08/08
25
St. Louis, MO
—
134
398
—
—
134
398
532
141
1993
08/08
35
Sylacauga, AL
—
94
191
—
—
94
191
285
79
1986
08/08
30
Taylors, SC
—
299
372
—
—
299
372
671
132
1999
08/08
35
Bay Minette, AL
—
51
113
—
—
51
113
164
45
1980
01/11
25
N. Richland Hills, TX
—
132
132
—
—
132
132
264
65
1976
01/11
20
Petersburg, VA
—
139
366
—
—
139
366
505
181
1979
02/11
20
Savannah, GA
—
231
361
—
—
231
361
592
177
1972
03/11
20
Fort Worth, TX
—
131
312
—
—
119
312
431
122
1985
03/11
25
Hoover, AL
—
378
546
—
—
378
546
924
214
1970
03/11
25
Eufaula, AL
—
61
360
—
—
61
360
421
135
1980
08/11
25
Kansas City, MO
—
69
129
—
—
69
129
198
60
1920
08/11
20
Arnold, MO
—
321
120
—
—
321
120
441
55
1960
10/11
20
Bristol, VA
—
199
517
—
—
199
517
716
159
2001
10/11
30
Fairview Heights, IL
—
93
185
—
—
93
185
278
68
1979
10/11
25
Florissant, MO
—
143
153
—
—
143
153
296
56
1974
10/11
25
Greenville, SC (n)
—
602
612
—
—
602
612
1,214
225
2008
10/11
25
Jonesboro, GA
—
301
683
—
—
301
683
984
180
2007
10/11
35
Olive Branch, MS
—
121
312
—
—
121
312
433
115
1978
10/11
25
Sugar Creek, MO
—
202
181
—
—
202
181
383
67
1978
10/11
25
Roanoke, VA
—
158
207
—
—
158
207
365
87
1950
08/12
20
Fredericksburg, VA
—
228
555
—
—
228
555
783
184
1989
09/12
25
Florissant, MO
—
119
288
—
—
119
288
407
93
1970
12/12
25
Savannah, GA
—
259
359
—
—
259
359
618
78
2012
05/13
35
South Boston, VA
—
163
133
—
—
163
133
296
51
1980
05/13
20
O'Fallon, MO
—
75
261
—
—
75
261
336
75
1981
11/13
25
Crest Hill, IL
—
92
323
—
—
92
323
415
94
1963
03/15
20
St. Louis, MO
—
76
237
—
—
76
237
313
69
1953
03/15
20
See accompanying report of independent registered public accounting firm.
F-106
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Investment the Company has Invested in Under Operating Leases:
T-Mobile:
Lewisville, TX
—
555
—
1,172
—
598
1,128
1,726
138
2016
12/01
(m)
40
El Reno, OK
—
517
—
736
—
517
736
1,253
57
2017
03/17
(m)
40
Tony's Tires:
Montgomery, AL
—
593
1,187
43
—
593
1,229
1,822
458
1998
08/06
40
TopGolf:
Chesterfield, MO
—
4,577
—
21,260
—
4,705
21,260
25,965
1,262
2018
06/17
(m)
40
Tucson, AZ
—
3,591
—
16,026
—
3,591
16,026
19,617
1,219
2017
07/17
(m)
40
Glendale, AZ
—
5,721
—
18,703
—
5,721
18,703
24,424
1,072
2018
02/18
(m)
40
Lake Mary, FL
—
5,550
—
—
—
5,550
(e)
5,550
(e)
(e)
04/19
(m)
(e)
Tutor Time:
Elk Grove, CA
—
1,216
2,786
9
—
1,216
2,750
3,966
801
2009
09/08
40
Twin Peaks:
Beaumont, TX
—
439
1,363
365
—
864
1,490
2,354
670
2000
12/01
(g)
40
Olathe, KS
—
525
731
—
—
525
731
1,256
215
2005
09/10
35
ULTA Salon, Cosmetics and Fragrance:
Florissant, MO
—
423
499
1,444
—
425
1,942
2,367
583
1996
04/03
(g)
40
Lapeer, MI
—
408
2,086
594
—
408
2,625
3,033
763
2007
10/05
40
Ultra Car Wash:
Mobile, AL
—
1,071
1,086
—
—
1,071
1,086
2,157
363
2005
08/07
40
Lilburn, GA
—
1,396
1,119
—
—
1,396
1,119
2,515
353
2004
05/08
40
Uni-Mart:
East Brady, PA
—
269
583
—
—
269
583
852
448
1987
08/05
20
Port Vue, PA
—
824
118
—
—
824
118
942
90
1953
08/05
20
Punxsutawney, PA
—
253
542
—
—
253
542
795
417
1983
08/05
20
Wilkes-Barre, PA
—
171
422
—
—
171
422
593
325
1999
08/05
20
Wilkes-Barre, PA
—
178
471
—
—
178
471
649
362
1989
08/05
20
See accompanying report of independent registered public accounting firm.
F-107
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Investment the Company has Invested in Under Operating Leases:
Williamsport, PA
—
909
122
—
—
909
122
1,031
94
1950
08/05
20
Mountaintop, PA
—
423
616
—
—
423
616
1,039
471
1987
09/05
20
Effort, PA
—
1,297
1,202
—
—
1,297
1,202
2,499
449
2000
01/06
40
Milesburg, PA
—
134
373
—
—
134
373
507
139
1987
01/06
40
Punxsutawney, PA
—
294
650
—
—
294
650
944
243
1983
01/06
40
United Rentals:
Cedar Park, TX
—
535
829
—
—
535
829
1,364
333
1990
12/04
40
Clearwater, FL
—
1,173
1,811
—
—
1,173
1,811
2,984
726
2001
12/04
40
Fort Collins, CO
—
2,057
978
—
—
2,057
978
3,035
392
1975
12/04
40
Irving, TX
—
708
911
—
—
708
911
1,619
365
1984
12/04
40
La Porte, TX
—
1,115
2,125
—
—
1,115
2,125
3,240
852
2000
12/04
40
Littleton, CO
—
1,743
1,944
—
—
1,733
1,944
3,677
779
2002
12/04
40
Oklahoma City, OK
—
744
1,265
—
—
744
1,265
2,009
507
1997
12/04
40
Perrysburg, OH
—
642
1,119
—
—
642
1,119
1,761
449
1979
12/04
40
Plano, TX
—
1,030
1,148
—
—
808
1,148
1,956
460
1996
12/04
40
Fort Worth, TX
—
510
1,128
—
—
510
1,128
1,638
450
1997
01/05
40
Fort Worth, TX
—
1,428
—
—
—
1,428
(i)
1,428
(i)
(i)
01/05
(i)
Melbourne, FL
—
747
607
—
—
747
607
1,354
237
1970
05/05
40
University of Phoenix:
Glen Allen, VA (n)
—
2,177
2,600
670
—
2,177
3,270
5,447
1,885
1995
06/95
40
Urban Air:
Beaumont, TX
—
941
1,618
2,313
—
941
3,931
4,872
1,181
1992
03/99
40
Urban Tandoor, Indian Wine & Dine:
Colorado Springs, CO
—
321
377
—
—
321
377
698
269
1984
09/06
20
Vacant Land:
Kelso, WA
—
868
—
1,806
—
738
(e)
738
(e)
(e)
09/97
(e)
Hadley, MA
—
2,824
—
—
—
5
(e)
5
(e)
(e)
02/08
(e)
Bakersfield, CA
—
3,303
3,845
—
—
1,826
(e)
1,826
(e)
(e)
03/08
(e)
See accompanying report of independent registered public accounting firm.
F-108
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Investment the Company has Invested in Under Operating Leases:
Vacant Property:
Evanston, IL
—
1,868
1,758
—
—
1,868
1,758
3,626
1,123
1995
06/95
40
Anchorage, AK
—
928
1,663
—
—
928
1,663
2,591
1,032
1995
02/96
40
Memphis, TN
—
713
822
—
—
713
822
1,535
484
1997
09/96
(f)
40
Conyers, GA
—
320
556
29
—
320
585
905
335
1997
06/97
40
Redding, CA
—
667
2,182
—
—
667
2,182
2,849
1,284
1997
06/97
40
Sanford, FL
—
738
803
—
—
738
803
1,541
458
1998
06/97
(f)
40
Lynchburg, VA
—
562
—
1,851
—
562
1,851
2,413
1,032
1998
02/98
(m)
40
Sealy, TX
—
665
734
2,060
—
670
2,794
3,464
718
1982
03/99
(g)
40
Alpharetta, GA
—
3,033
1,642
209
—
3,033
1,851
4,884
808
1999
12/01
40
Lubbock, TX
—
1,007
1,206
—
—
1,007
1,206
2,213
574
1995
12/01
40
Tempe, AZ
—
2,531
2,921
—
—
2,531
2,921
5,452
1,390
2000
12/01
40
Midland, MI
—
231
—
2,705
—
231
2,705
2,936
955
2006
07/03
40
Lapeer, MI
—
126
645
—
—
126
629
755
210
2007
10/05
40
Houston, TX
—
112
509
302
—
112
811
923
241
1995
08/06
40
Ridgeland, MS
—
779
933
561
—
779
1,494
2,273
499
1997
08/06
40
Austintown, OH
—
466
397
—
—
466
397
863
284
1980
09/06
20
Boardman Township,
OH
—
497
258
—
—
497
258
755
184
1977
09/06
20
Hermitage, PA
—
321
420
—
—
321
420
741
300
1980
09/06
20
North Richland Hills, TX
—
500
130
—
—
500
130
630
93
1970
09/06
20
St. Louis, MO
—
520
266
—
—
520
266
786
190
1973
09/06
20
Greenwood, IN
—
1,341
2,105
—
—
1,341
2,105
3,446
743
2000
11/06
40
Southaven, MS
—
1,298
1,338
—
—
1,298
1,338
2,636
470
2005
12/06
40
Lebanon, TN
—
582
—
2,063
—
582
2,063
2,645
664
2007
03/07
(m)
40
Mebane, NC
—
(l)
561
—
—
(l)
561
561
218
1998
05/07
35
Piedmont, SC
—
(l)
567
—
—
(l)
567
567
221
1999
05/07
35
Rochester, NY
—
792
1,535
204
—
756
1,733
2,489
550
1995
06/07
40
Columbus, MS
—
707
—
1,681
—
707
1,681
2,388
394
2011
11/10
(m)
40
Bay City, MI
—
106
521
—
—
106
521
627
349
1920
12/10
15
Bend, OR
—
125
245
—
—
125
245
370
164
1935
12/10
15
Oshkosh, WI
—
99
224
—
—
99
224
323
75
1999
12/10
30
Fort Worth, TX
—
687
2,177
—
—
687
2,177
2,864
674
1992
09/11
30
Avon, IN
—
1,302
—
4,178
—
1,302
4,178
5,480
884
2012
12/11
(m)
40
Lincolnshire, IL
—
862
1,574
—
—
862
1,574
2,436
564
1999
01/12
25
See accompanying report of independent registered public accounting firm.
F-109
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Investment the Company has Invested in Under Operating Leases:
Chester, VA
—
871
—
1,697
—
871
1,697
2,568
338
2013
07/12
(m)
40
Knoxville, TN
—
1,500
5,571
—
—
1,500
5,571
7,071
1,540
1996
09/12
30
Gonzales, LA
—
975
—
1,696
—
975
1,696
2,671
330
2013
10/12
(m)
40
Chestertown, MD
—
856
290
—
—
856
290
1,146
290
1974
06/13
5
Wyoming, MI
—
1,322
—
4,447
—
1,322
4,447
5,769
718
2014
10/13
(m)
40
Saginaw, MI
—
763
—
4,088
—
763
4,088
4,851
660
2014
02/14
(m)
40
Statesville, NC
—
249
653
—
—
249
653
902
120
1960
07/14
35
Montgomery, AL
—
1,686
11,156
—
—
1,686
11,156
12,842
1,755
2014
09/14
40
Spokane, WA
—
2,270
7,975
—
—
2,270
2,254
4,524
1,874
1986
02/15
40
West Bend, WI
—
1,435
7,654
—
—
1,435
2,380
3,815
1,665
1987
02/15
25
Greeneville, TN
—
111
717
—
—
111
717
828
168
1972
02/15
25
North Canton, OH
—
121
852
—
—
121
852
973
167
1986
02/15
30
Orange Park, FL
—
1,074
1,794
—
—
1,074
1,794
2,868
351
1995
02/15
30
Garland, TX
—
895
—
1,085
—
888
1,085
1,973
160
2016
01/16
(m)
30
Value City Furniture:
White Marsh, MD
—
3,762
—
3,006
—
3,762
3,006
6,768
1,713
1998
10/97
(g)
40
VCA Animal Hospital:
Mission, KS
—
891
3,758
—
—
852
3,758
4,610
1,101
2000
03/12
30
Verizon Wireless:
Anderson, SC (n)
—
38
—
—
—
38
—
38
(e)
(i)
07/14
35
Bristol, VA
—
175
512
—
—
175
512
687
132
2000
07/14
25
Amherst, NY
—
230
175
403
—
230
578
808
124
1977
02/15
20
North Olmsted, OH
—
324
1,015
—
—
324
1,015
1,339
116
1983
08/16
40
Vitality Veterinary:
Buford, GA
—
751
1,979
586
—
751
2,565
3,316
908
2003
07/04
(g)
40
Vitamin Shoppe, The:
Cincinnati, OH
—
297
443
385
—
312
813
1,125
381
1999
06/98
40
See accompanying report of independent registered public accounting firm.
F-110
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Investment the Company has Invested in Under Operating Leases:
Vogue Nails & Spa:
Swansea, IL
—
46
132
—
—
46
132
178
47
1997
12/01
40
Walgreens:
Altamonte Springs, FL
—
1,137
2,053
—
—
1,137
(i)
1,137
(i)
(i)
01/96
(i)
Douglasville, GA
—
413
995
—
—
413
995
1,408
620
1996
01/96
40
Conyers, GA
—
575
999
64
—
575
1,063
1,638
599
1997
06/97
40
Orange Beach, AL
—
1,410
1,996
—
—
1,410
1,996
3,406
950
2000
12/01
40
Sunrise, FL
—
1,958
1,401
—
—
1,958
1,401
3,359
617
1994
05/03
40
Saratoga Springs, NY
—
762
591
5,090
—
2,364
3,530
5,894
290
2017
09/04
(o)
40
Tulsa, OK
—
1,193
3,056
—
—
1,193
3,056
4,249
1,187
2003
06/05
40
Boise, ID
—
792
1,875
—
—
792
1,875
2,667
675
2000
03/10
30
Nampa, ID
—
1,062
2,253
—
—
1,062
2,253
3,315
810
2000
03/10
30
Pueblo, CO
—
899
3,313
—
—
899
3,313
4,212
999
2000
12/11
30
Rapid City, SD
—
1,387
2,957
—
—
1,387
2,957
4,344
757
2000
01/12
35
Hamilton, OH
—
731
2,879
—
—
731
2,879
3,610
860
2000
01/12
30
Durham, NC
—
1,553
2,621
—
—
1,553
2,621
4,174
462
1999
09/15
30
Charlotte, NC
—
754
1,708
—
—
754
1,708
2,462
94
1999
08/19
25
Mint Hill, NC
—
972
1,657
—
—
972
1,657
2,629
91
1999
08/19
25
Warehouse Shoe Sale:
Houston, TX
—
2,311
1,628
3,789
—
2,583
5,147
7,730
1,190
1976
03/99
(g)
40
Waterford Nails & Spa:
Orlando, FL
—
40
111
—
—
40
111
151
47
2001
02/04
40
Wawa:
Clearwater, FL
—
1,184
2,526
44
—
1,476
(i)
1,476
(i)
(i)
05/93
(i)
Wehrenberg Theater:
Cedar Rapids, IA
—
1,567
8,433
—
—
1,567
8,433
10,000
1,994
2011
07/11
40
Wenco HQ:
Ashland, OH
—
245
1,109
—
—
245
1,109
1,354
88
2014
03/18
35
See accompanying report of independent registered public accounting firm.
F-111
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Wendy's:
Sacramento, CA
—
586
—
—
—
586
(i)
586
(i)
(i)
02/98
(i)
New Kensington, PA
—
501
333
—
—
501
333
834
159
1980
12/01
40
Orland Park, IL
—
562
556
—
—
562
377
939
181
1995
12/01
40
Boerne, TX
—
456
679
—
—
456
679
1,135
218
1986
12/12
25
Brownsburg, IN
—
242
1,483
—
—
242
1,483
1,725
477
1984
12/12
25
Converse, TX
—
301
554
—
—
301
554
855
127
2007
12/12
35
Everett, WA
—
486
437
—
—
486
437
923
141
1979
12/12
25
Everett, WA
—
339
1,018
—
—
339
1,018
1,357
273
2000
12/12
30
Fishers, IN
—
766
717
—
—
766
717
1,483
192
1990
12/12
30
Fishers, IN
—
544
514
—
—
510
514
1,024
138
2000
12/12
30
Henderson, NV
—
398
1,028
—
—
398
1,028
1,426
275
1991
12/12
30
Henderson, NV
—
370
311
—
—
370
311
681
100
1988
12/12
25
Indianapolis, IN
—
87
1,009
—
—
87
1,009
1,096
325
1973
12/12
25
Indianapolis, IN
—
281
1,018
—
—
281
1,018
1,299
273
1996
12/12
30
Indianapolis, IN
—
320
602
—
—
320
602
922
161
1998
12/12
30
Indianapolis, IN
—
252
1,454
—
—
252
1,454
1,706
390
1999
12/12
30
Indianapolis, IN
—
320
1,086
—
—
320
1,086
1,406
291
1993
12/12
30
Indianapolis, IN
—
213
1,444
—
—
213
1,444
1,657
332
2003
12/12
35
Indianapolis, IN
—
271
1,221
—
—
271
1,221
1,492
393
1974
12/12
25
Indianapolis, IN
—
417
1,318
—
—
417
1,318
1,735
353
1991
12/12
30
Las Vegas, NV
—
360
253
—
—
360
253
613
81
1980
12/12
25
Las Vegas, NV
—
533
1,424
—
—
533
1,424
1,957
382
2001
12/12
30
Las Vegas, NV
—
368
1,018
—
—
368
1,018
1,386
273
2001
12/12
30
Lynnwood, WA
—
571
1,695
—
—
571
1,695
2,266
545
1978
12/12
25
N. Las Vegas, NV
—
310
1,463
—
—
310
1,463
1,773
336
2001
12/12
35
Noblesville, IN
—
582
979
—
—
582
979
1,561
262
1998
12/12
30
Port Orchard, WA
—
784
1,540
—
—
784
1,540
2,324
413
1996
12/12
30
Poulsbo, WA
—
620
901
—
—
620
901
1,521
181
2012
12/12
40
San Antonio, TX
—
553
892
—
—
303
892
1,195
287
1986
12/12
25
San Antonio, TX
—
688
727
—
—
688
727
1,415
195
1993
12/12
30
San Antonio, TX
—
931
223
—
—
931
223
1,154
60
1993
12/12
30
San Antonio, TX
—
242
1,067
—
—
242
1,067
1,309
343
1977
12/12
25
San Antonio, TX
—
370
272
—
—
370
272
642
73
1993
12/12
30
Lexington Park, MD
—
327
773
—
—
327
773
1,100
166
1982
07/14
30
See accompanying report of independent registered public accounting firm.
F-112
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Alcoa, TN
—
587
547
—
—
587
547
1,134
161
1977
02/15
20
Lincoln Park, MI
—
326
435
—
—
326
435
761
102
1988
02/15
25
Roanoke, VA
—
172
672
—
—
172
672
844
197
1983
02/15
20
Ashland, OH
—
353
2,635
—
—
353
2,635
2,988
245
1993
03/18
30
Ashland, OH
—
265
2,479
—
—
265
2,479
2,744
198
2013
03/18
35
Bellevue, OH
—
176
1,765
—
—
176
1,765
1,941
197
1985
03/18
25
Bluffton, OH
—
98
1,090
—
—
98
1,090
1,188
101
2012
03/18
30
Bucyrus, OH
—
88
2,234
—
—
88
2,234
2,322
250
1984
03/18
25
Millersburg, OH
—
226
1,559
—
—
226
1,559
1,785
145
2002
03/18
30
New Bremen, OH
—
59
1,697
—
—
59
1,697
1,756
189
1988
03/18
25
Norwalk, OH
—
157
3,173
—
—
157
3,173
3,330
253
2014
03/18
35
Ottawa, OH
—
69
1,599
—
—
69
1,599
1,668
149
1998
03/18
30
Parma, OH
—
363
805
—
—
363
805
1,168
90
1983
03/18
25
Shelby, OH
—
59
1,882
—
—
59
1,882
1,941
210
1989
03/18
25
Upper Sandusky, OH
—
167
2,205
—
—
167
2,205
2,372
205
1993
03/18
30
Willard, OH
—
108
1,560
—
—
108
1,560
1,668
145
1995
03/18
30
Wooster, OH
—
255
2,273
—
—
255
2,273
2,528
254
1979
03/18
25
Wooster, OH
—
323
2,791
—
—
323
2,791
3,114
260
1994
03/18
30
Bastrop, LA
—
172
1,942
—
—
172
1,942
2,114
3
2002
12/20
30
Batesville, MS
—
478
2,445
—
—
478
2,445
2,923
3
2008
12/20
30
Bay Saint Louis, MS
—
442
2,194
—
—
442
2,194
2,636
3
2000
12/20
30
Booneville, MS
—
298
1,734
—
—
298
1,734
2,032
2
1996
12/20
30
Byram, MS
—
280
2,941
—
—
280
2,941
3,221
4
1996
12/20
30
Clarksdale, MS
—
460
1,860
—
—
460
1,860
2,320
2
2010
12/20
35
Columbia, MS
—
514
1,850
—
—
514
1,850
2,364
3
1997
12/20
30
Columbus, MS
—
289
2,392
—
—
289
2,392
2,681
3
2000
12/20
30
Corinth, MS
—
506
1,860
—
—
506
1,860
2,366
3
2010
12/20
30
Flowood, MS
—
280
2,590
—
—
280
2,590
2,870
4
1998
12/20
30
Forest, MS
—
271
2,337
—
—
271
2,337
2,608
3
1993
12/20
30
Hattiesburg, MS
—
280
2,140
—
—
280
2,140
2,420
3
2002
12/20
30
Hattiesburg, MS
—
407
1,057
—
—
407
1,057
1,464
1
2005
12/20
30
Hazlehurst, MS
—
280
2,230
—
—
280
2,230
2,510
3
1994
12/20
30
Holly Springs, MS
—
425
1,066
—
—
425
1,066
1,491
1
2007
12/20
30
Indianola, MS
—
217
1,500
—
—
217
1,500
1,717
2
1996
12/20
30
Jackson, MS
—
812
2,689
—
—
812
2,689
3,501
4
2006
12/20
30
Laurel, MS
—
514
2,599
—
—
514
2,599
3,113
4
2006
12/20
30
See accompanying report of independent registered public accounting firm.
F-113
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Louisville, MS
—
325
1,725
—
—
325
1,725
2,050
2
2004
12/20
30
Meridian, MS
—
352
1,743
—
—
352
1,743
2,095
2
2005
12/20
30
Monroe, LA
—
217
1,536
—
—
217
1,536
1,753
2
2005
12/20
30
Monroe, LA
—
325
1,436
—
—
325
1,436
1,761
2
1986
12/20
30
Moss Point, MS
—
370
1,580
—
—
370
1,580
1,950
2
2001
12/20
30
Pascagoula, MS
—
316
1,661
—
—
316
1,661
1,977
2
2001
12/20
30
Pearl, MS
—
650
1,706
—
—
650
1,706
2,356
2
2002
12/20
30
Philadelphia, MS
—
307
2,527
—
—
307
2,527
2,834
4
1996
12/20
30
Pontotoc, MS
—
181
1,987
—
—
181
1,987
2,168
3
2005
12/20
30
Ridgeland, MS
—
523
1,769
—
—
523
1,769
2,292
2
1995
12/20
30
Ridgeland, MS
—
740
2,247
—
—
740
2,247
2,987
3
1992
12/20
35
Shreveport, LA
—
370
1,499
—
—
370
1,499
1,869
2
2017
12/20
35
Tallulah, LA
—
199
1,833
—
—
199
1,833
2,032
3
1996
12/20
25
Tupelo, MS
—
515
1,986
—
—
515
1,986
2,501
3
2004
12/20
30
Tupelo, MS
—
280
1,914
—
—
280
1,914
2,194
3
1975
12/20
30
Tupelo, MS
—
433
1,507
—
—
433
1,507
1,940
2
2002
12/20
30
Vicksburg, MS
—
352
2,391
—
—
352
2,391
2,743
3
1992
12/20
30
West Helena, AR
—
172
1,842
—
—
172
1,842
2,014
3
2003
12/20
25
West Point, MS
—
253
2,644
—
—
253
2,644
2,897
3
2009
12/20
35
Wiggins, MS
—
605
1,607
—
—
605
1,607
2,212
2
2003
12/20
30
Winnsboro, LA
—
163
1,725
—
—
163
1,725
1,888
2
2003
12/20
30
Yazoo City, MS
—
235
2,149
—
—
235
2,149
2,384
3
1995
12/20
30
Whataburger:
Albuquerque, NM
—
624
419
—
—
624
419
1,043
199
1995
12/01
40
Wherehouse Music:
Independence, MO
—
503
1,209
—
—
503
1,209
1,712
455
1994
12/05
40
Winn-Dixie:
Seffner, FL
—
322
1,222
—
—
322
1,222
1,544
526
1983
03/99
40
XLerate Auto Auction:
El Paso, TX
—
2,858
1,133
—
—
2,858
1,133
3,991
206
1987
06/16
25
Jenison, MI
—
1,334
3,513
1,893
—
1,058
4,678
5,736
629
1984
10/16
30
Lubbock, TX
—
301
1,507
3,072
—
369
3,920
4,289
246
1980
11/16
(m)
30
See accompanying report of independent registered public accounting firm.
F-114
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Corry, PA
—
300
1,772
—
—
300
1,772
2,072
109
1975
06/19
25
Obetz, OH
—
11,899
14,149
—
—
11,899
14,149
26,048
684
1980
10/19
25
Ziebart:
Maplewood, MN
—
308
311
—
—
308
311
619
124
1990
02/05
40
Middleburg Heights, OH
—
199
148
—
—
199
148
347
59
1961
02/05
40
Leasehold Interests:
Oklahoma City, OK
—
(l)
1,419
—
—
(l)
355
355
281
1997
06/97
SUBTOTAL
$
11,242
$
2,482,303
$
4,951,353
$
1,151,325
$
—
$
2,489,243
$
6,010,152
$
8,499,395
$
1,317,407
See accompanying report of independent registered public accounting firm.
F-115
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Investment the Company has Invested in Under Direct Financing Leases:
CVS:
Warr Acres, OK
$
—
(l)
$
1,365
$
—
$
—
(l)
(c)
(c)
(c)
1997
06/97
(c)
Denny's:
Stockton, CA
—
940
509
—
—
(d)
(d)
(d)
(d)
1982
09/06
(d)
Jared Jewelers:
Lewisville, TX
—
(l)
1,503
—
—
(l)
(c)
(c)
(c)
1998
12/01
(c)
Rite Aid:
Kennett Square, PA
—
(l)
—
1,984
—
(l)
(c)
(c)
(c)
2000
12/00
(c)
Sunshine Energy:
Altamont, KS
—
124
142
—
—
(d)
(d)
(d)
(d)
1979
07/09
(d)
Walgreens:
Arlington, VA
—
(l)
3,201
—
—
(l)
(c)
(c)
(c)
2000
02/02
(c)
SUBTOTAL
$
—
$
1,064
$
6,720
$
1,984
$
—
$
—
$
—
$
—
$
—
See accompanying report of independent registered public accounting firm.
F-116
Table of Contents
Initial Cost to
Company
Costs Capitalized
Subsequent to
Acquisition
Gross Amount at Which
Carried at Close of Period (a) (b)
Life on Which
Depreciation &
Amortization in Latest Income
Statement is
Computed (Years)
Encumbrances
Land
Building,
Improvements &
Leasehold
Interests
Improvements
Carrying
Costs
Land
Building,
Improvements &
Leasehold
Interests
Total
Accumulated
Depreciation
and
Amortization
Date of
Construction
Date
Acquired
Real Estate Held for Sale the Company has Invested in:
Cafe Royal:
New Castle, IN
$
—
$
113
$
19
$
—
$
—
$
113
$
19
$
132
$
7
1991
07/11
25
CarQuest:
Bozeman, MT
—
28
257
—
—
25
257
282
129
1964
12/10
20
SunTrust:
Doral, FL
—
1,912
1,100
—
—
1,912
1,099
3,011
415
1988
06/13
20
Vacant Property:
Sacramento, CA
—
1,144
2,961
—
—
1,144
2,414
3,558
1,703
1996
12/96
40
Bay City, MI
—
647
634
—
—
647
577
1,224
282
1997
12/01
40
SUBTOTAL
$
—
$
3,844
$
4,971
$
—
$
—
$
3,841
$
4,366
$
8,207
$
2,536
See accompanying report of independent registered public accounting firm.
F-117
NATIONAL RETAIL PROPERTIES, INC. AND SUBSIDIARIES
NOTES TO SCHEDULE III - REAL ESTATE AND ACCUMULATED DEPRECIATION AND AMORTIZATION
December 31, 2020
(dollars in thousands)
(a)
Transactions in real estate and accumulated depreciation during 2020, 2019, and 2018 are summarized as follows:
2020
2019
2018
Land, buildings, and leasehold interests:
Balance at the beginning of year
$
8,448,702
$
7,883,633
$
7,314,132
Acquisitions, completed construction and tenant improvements
177,901
733,376
706,903
Disposition of land, buildings, and leasehold interests
(
54,886
)
(
138,332
)
(
109,590
)
Provision for loss on impairment of real estate
(
37,442
)
(
29,975
)
(
27,812
)
Balance at the close of year
$
8,534,275
$
8,448,702
$
7,883,633
Accumulated depreciation and amortization:
Balance at the beginning of year
$
1,151,667
$
1,016,271
$
881,121
Disposition of land, buildings, and leasehold interests
(
17,828
)
(
44,185
)
(
28,076
)
Depreciation and amortization expense
186,104
179,581
163,226
Balance at the close of year
$
1,319,943
$
1,151,667
$
1,016,271
As of December 31, 2020, 2019 and 2018, the detailed real estate schedule excludes work in progress of $
26,673
, $
27,438
and $
8,017
respectively, which is included in the above reconciliation.
(b)
As of December 31, 2020, the leases are treated as either operating or financing leases for federal income tax purposes. As of December 31, 2020, the aggregate cost of the properties owned by NNN that are under operating leases were $
8,451,933
and financing leases were $
2,703
.
(c)
For financial reporting purposes, the portion of the lease relating to the building has been recorded as a direct financing lease; therefore, depreciation is not applicable.
(d)
For financial reporting purposes, the lease for the land and building has been recorded as a direct financing lease; therefore, depreciation is not applicable.
(e)
NNN owns only the land for this property.
(f)
Date acquired represents acquisition date of land. Pursuant to lease agreement, NNN purchased the buildings from the tenants upon completion of construction, generally within 12 months from the acquisition of the land.
(g)
Date acquired represents acquisition date of land. NNN developed the buildings, generally completing construction within 12 months from the acquisition date of the land.
(h)
As of December 31, 2020, this property has been classified as held for sale. Accumulated depreciation and amortization were recorded prior to this reclassification.
(i)
NNN owns only the land for this property, which is subject to a ground lease between NNN and the tenant. The tenant funded the improvements on the property.
(j)
Property is encumbered as a part of NNN's $
15,151
long-term, fixed rate mortgage and security agreement.
(k)
Pursuant to lease agreement, NNN funds the tenant's construction draws. Building improvements are pending final funding which is anticipated to occur within six months. Depreciation is based on store opening and costs to date, and will be adjusted at time of final funding.
(l)
NNN owns only the building for this property. The land is subject to a ground lease between NNN and an unrelated third party.
(m)
Date acquired represents acquisition date of land. Pursuant to lease agreement, NNN funds the tenant's construction draws, final funding occurs generally within 12 months from the acquisition of the land.
(n)
The tenant of this property has subleased the property. The tenant continues to be responsible for complying with all the terms of the lease agreement and is continuing to pay rent on this property to NNN.
(o)
Date acquired represents acquisition date of land and building. Pursuant to lease agreement, NNN funds additional tenant construction draws. Final funding generally within 12 months from acquisition.
(p)
The land is subject to a ground lease between NNN and an unrelated third party. Pursuant to the lease agreement, NNN funds the tenant's construction draws, final funding occurs generally within 12 months from the execution of the ground lease.
See accompanying report of independent registered public accounting firm.
F-118
NATIONAL RETAIL PROPERTIES, INC. AND SUBSIDIARIES
SCHEDULE IV - MORTGAGE LOANS ON REAL ESTATE
December 31, 2020
(dollars in thousands)
Description
Interest
Rate
Maturity
Date
Periodic
Payment
Terms
Prior
Liens
Face
Amount
of Mortgages
Carrying
Amount of
Mortgages (c)
Principal
Amount
of Loans Subject
to Delinquent
Principal or
Interest
First mortgages on properties:
2 properties in VA
7.000
%
3/1/2025
(b)
—
$
3,000
$
2,626
$
—
$
3,000
$
2,626
(a)
$
—
(a)
The following shows the changes in the carrying amounts of mortgage loans during the years:
2020
2019
2018
Balance at beginning of year
$
—
$
—
$
—
New mortgage loans
3,000
(d)
3,100
(d)
—
Deductions during the year:
Collections of principal
(
374
)
(
3,100
)
—
Foreclosures
—
—
—
Balance at the close of year
$
2,626
$
—
$
—
(b)
Principal and interest is payable at varying amounts over the life of the loan.
(c)
Mortgages held by NNN and its subsidiaries for federal income tax purposes for the year ended December 31, 2020 was $
2,626
. There were
no
mortgages outstanding at December 31, 2019 and 2018.
(d)
Mortgages totaling $
3,000
and $
3,100
, were accepted in connection with real estate transactions for the year ended December 31, 2020 and 2019, respectively.
See accompanying report of independent registered public accounting firm.
See accompanying report of independent registered public accounting firm.
F-119