| SUBSIDIARY                                   |   | JURISDICTION      OF ORGANIZATION |
|----------------------------------------------|--------|-----------------------------------|
|                                         |   |                              |
| Agree      – Columbia Crossing         |   |                              |
|   Project,      L.L.C.             |   | Delaware                          |
| ACCP      Maryland, LLC                      |   | Delaware                          |
| Agree      – Milestone Center          |   |                              |
|   Project,      L.L.C.             |   | Delaware                          |
| AMCP      Germantown, LLC                    |   | Delaware                          |
| Ann      Arbor Store No 1, LLC               |   | Delaware                          |
| Phoenix      Drive, LLC                      |   | Delaware                          |
| Indianapolis      Store No. 16, LLC          |   | Delaware                          |
| Boynton      Beach Store No. 150, LLC        |   | Delaware                          |
| Oklahoma      City Store No. 151, L.L.C.     |   | Delaware                          |
| Omaha      Store No. 166, L.L.C.             |   | Delaware                          |
| Tulsa      Store No. 135, LLC                |   | Delaware                          |
| Tulsa      Store No. 264, L.L.C.             |   | Delaware                          |
| Mt      Pleasant Shopping Center L.L.C.      |   | Michigan                          |
| Agree      Facility No. 1, L.L.C.            |   | Delaware                          |
| Agree      Bristol & Fenton Project, LLC |   | Michigan                          |
| Agree      Realty South-East, LLC            |   | Michigan                          |
| AC      Realty Company, LLC                  |   | Georgia                           |
| Agree      Port St. John LLC                 |   | Delaware                          |
| Agree      Charlotte County, LLC             |   | Delaware                          |
| Agree      Marion Oaks, LLC                  |   | Delaware                          |
| Agree      Silver Springs Shores, LLC        |   | Delaware                          |
| Agree      St. Augustine Shores, LLC         |   | Delaware                          |
| Agree      Plainfield, LLC                   |   | Michigan                          |
| Agree      Elkhart, LLC                      |   | Michigan                          |
| Agree      103-Middleburg Jacksonville, LLC  |   | Delaware                          |
| Agree      Brighton, LLC                     |   | Delaware                          |
| Agree      Lowell, LLC                       |   | Delaware                          |
| Agree      Hastings, LLC                     |   | Delaware                          |
| Agree      Atlantic Beach, LLC               |   | Delaware                          |
| Agree      Southfield & Webster, LLC     |   | Delaware                          |
| Agree      Ann Arbor Jackson, LLC            |   | Delaware                          |
| Agree      Beecher, LLC                      |   | Michigan                          |
| Agree      Corunna, LLC                      |   | Michigan                          |

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| SUBSIDIARY                    |   | JURISDICTION OF      ORGANIZATION |
|-----------------------------------------|--------|-----------------------------------|
|                                    |   |                              |
| Agree      Realty Services, LLC         |   | Delaware                          |
| Agree      Development, LLC             |   | Delaware                          |
| Agree      Construction Management, LLC |   | Delaware                          |

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