---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-22-000936"
form_type: "8-K"
ticker: "NNN"
cik: "0000751364"
company_name: "NNN REIT, INC."
filed_at: "2022-02-09T23:59:59+00:00"
generated_at: "2026-06-27T09:45:31.971061+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# NNN reports record 2021 results; raises 2022 Core FFO guidance to $2.93-$3.00

## Summary
- Q4 revenue $187.3M, net earnings $0.37/sh; full-year revenue $726.4M, net earnings $1.51/sh.
- Full-year Core FFO $2.86/sh ($500.1M) up from $2.59/sh; AFFO $3.06/sh up from $2.51/sh.
- Occupancy 99.0% at year-end; weighted avg lease term 10.6 years.
- Annual dividend increased to $2.10/sh, 32nd consecutive annual increase.
- 2022 Core FFO guidance raised to $2.93-$3.00/sh; AFFO guidance $3.01-$3.07/sh.

## SEC filing metadata
- accession: 0000950170-22-000936
- form_type: 8-K
- ticker: NNN
- cik: 0000751364
- company_name: NNN REIT, INC.
- filed_at: 2022-02-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/751364/000095017022000936/0000950170-22-000936-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/751364/000095017022000936/nnn-20220209.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-22-000936
- JSON: https://secwatch.observer/filing/0000950170-22-000936.json
- Plain text: https://secwatch.observer/filing/0000950170-22-000936.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.