Agree Realty Corporation Annual Report 2022

Agree Realty Corporation (NYSE: ADC) is a fully-integrated, self-administered REIT specializing in net lease retail properties across the United States. In 2022, the company invested $1.7 billion in 465 retail properties, achieving 9.2% AFFO per share growth and maintaining a 99.7% portfolio occupancy rate with 67.8% of base rents from investment-grade tenants.