---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-000619"
form_type: "8-K"
ticker: "ADC"
cik: "0000917251"
company_name: "AGREE REALTY CORP"
filed_at: "2026-01-05T23:59:59+00:00"
generated_at: "2026-05-16T11:46:37.346967+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Agree Realty posts $1.55B 2025 investment volume, guides 2026 to $1.25-1.50B

## Summary
- 2025 total investment volume ~$1.55B across 338 properties; acquisitions of $1.44B at 7.2% cap rate.
- Q4 acquisition volume >$347M at 7.1% cap; portfolio 66.8% annualized base rents from investment grade tenants.
- 2026 investment outlook: $1.25B to $1.50B of retail net lease properties.
- New $350M term loan fixed at 4.02% via swaps; total liquidity exceeds $2.0B.
- Q4 2025 weighted-average diluted shares ~115.0M; FY 2025 ~111.2M (including OP units).

## SEC filing metadata
- accession: 0001104659-26-000619
- form_type: 8-K
- ticker: ADC
- cik: 0000917251
- company_name: AGREE REALTY CORP
- filed_at: 2026-01-05T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/917251/000110465926000619/0001104659-26-000619-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/917251/000110465926000619/adc-20260105x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-000619
- JSON: https://secwatch.observer/filing/0001104659-26-000619.json
- Plain text: https://secwatch.observer/filing/0001104659-26-000619.txt

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