# EDGAR Filing Document

**Accession Number:** 0000917251
**File Stem:** 0000000000-25-006292
**Filing Date:** 2025-6
**Character Count:** 2780
**Document Hash:** 63cb0e5eebaf7365d30978e7be461e6f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000000000-25-006292.hdr.sgml**: 20250903

**ACCESSION NUMBER**: 0000000000-25-006292

**CONFORMED SUBMISSION TYPE**: UPLOAD

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20250616

**FILED FOR**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** AGREE REALTY CORP
- **CENTRAL INDEX KEY:** 0000917251
- **STANDARD INDUSTRIAL CLASSIFICATION:** REAL ESTATE INVESTMENT TRUSTS [6798]
- **ORGANIZATION NAME:** 05 Real Estate & Construction
- **EIN:** 383148187
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** UPLOAD
- **SEC FILE NUMBER:** 001-12928

**BUSINESS ADDRESS:**
- **STREET 1:** 32301 WOODWARD AVENUE
- **CITY:** ROYAL OAK
- **STATE:** MI
- **ZIP:** 48073
- **BUSINESS PHONE:** 248-737-4190

**MAIL ADDRESS:**
- **STREET 1:** 32301 WOODWARD AVENUE
- **CITY:** ROYAL OAK
- **STATE:** MI
- **ZIP:** 48073
**PUBLIC REFERENCE ACCESSION NUMBER**: 0001558370-25-000803

## Text-Extract

```

                                                           June 16, 2025

Peter Coughenour
Chief Financial Officer
Agree Realty Corp
32301 Woodward Avenue
Royal Oak, MI 48073

       Re: Agree Realty Corp
           Form 10-K for the year ended December 31, 2024
           Filed February 11, 2025
           File No. 001-12928
Dear Peter Coughenour:

       We have reviewed your June 2, 2025 response to our comment letter and
have the
following comment.

       Please respond to this letter within ten business days by providing the
requested
information or advise us as soon as possible when you will respond. If you do
not believe a
comment applies to your facts and circumstances, please tell us why in your
response.

       After reviewing your response to this letter, we may have additional
comments.
Unless we note otherwise, any references to prior comments are to comments in
our April 14,
2025 letter.

Form 10-K for the year ended December 31, 2024
Note 2. Summary of Significant Accounting Policies
Segment Reporting, page F-15

1.     We note your response to our prior comment. Please clarify whether
significant
       segment expenses and other segment items are identical to what is
presented on the
       face of your Consolidated Statements of Operations and Comprehensive
Income. If
       so, include disclosure to this effect in future filings.
        Please contact William Demarest at 202-551-3432 or Kristina Marrone at
202-551-
3429 if you have questions regarding comments on the financial statements and
related
matters.
 June 16, 2025
Page 2

                Sincerely,

                Division of Corporation Finance
                Office of Real Estate & Construction

```

### Attached PDF Documents

**Attachment 1:** `filename1`

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