If You Invested $1,000 in Agree Realty in 2008, This Is How Much You Would Have Today
Agree Realty (NYSE: ADC) is not a household name but many of its tenants are, and they're a big reason this real estate investment trust (REIT) has been such a strong performer for so many years. Agree boasts a collection of 1,839 net-lease properties comprising 38 million square feet of space with a presence in every state except Hawaii and Alaska. Since February 2008, near the the dawn of the Great Recession, Agree Realty has outpaced the greater market -- as represented below by the Vanguard S&P 500 ETF -- by about 20% in total return.