Company: NNN
Filing Date: 2025-02-11
Form Type: 10-K
Source: 0000950170-25-017472
Chunk: 197

Company: NNN REIT, INC.
Filing Date: 2025-02-11
Form: 10-K
Item: Item 7A
Chunk 197
---
7

    —

    —

    400,000

    3.55
    %

    2028

    —

    —

    400,000

    4.39
    %

    2029

    —

    —

    —

    —

    Thereafter

    —

    —

    2,900,000

    4.22
    %
    (3)

    Total
     
    $
    —

    —

    $
    4,450,000

    4.12
    %

    Fair Value:

    December 31, 2024
     
    $
    —

    $
    3,894,030

    December 31, 2023
     
    $
    132,000

    $
    3,801,367

    (1)
    NNN's unsecured debt obligations have a weighted average interest rate of 4.1% and a weighted average maturity of 12.1 years.

    (2)
    Includes NNN's notes payable, each exclude unamortized discounts and debt costs. The fair value is based upon quoted market prices as of the close of the year, which is a Level 1 valuation since NNN's notes payable are publicly traded on the over-the-counter market. 

    (3)
    Weighted average effective interest rate for years after 2029.

43