Morningstar
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May 05, 2025
Realty Income Corporation: Realty Income Earnings: Acquires Over $1 Billion in Assets at 7% Cap Rate to Slightly Beat Estimates
Summary
Realty Income owns roughly 15,600 properties, most of which are freestanding, single-tenant, triple-net-leased retail properties. Its properties are located in 49 states and Puerto Rico and are leased to 250 tenants from 47 industries. Recent acquisitions have added industrial,
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