Long Position on NNN @ $44.00 on 3/4/2016 (Momentum)

National Retail Properties, Inc. (NNN) is a real estate investment trust (REIT).

The Company acquires, owns, invests in and develops properties that are leased primarily to retail tenants under long-term net leases and are held for investment.

As of December 31, 2014, the Company owned 2,054 Properties with a gross leasable area of approximately 22,479,000 square feet, located in 47 states.

Approximately 99% of the properties were leased as of December 31, 2014. The Company’s portfolio include convenience stores, restaurants, automotive service, restaurants-limited service, theaters, family entertainment centers, automotive parts and banks, among others. It has operations in Texas, Florida, North Carolina, Illinois, Georgia, Indiana and California, among others.

As of December 31, 2014, The Company owned 29 vacant, un-leased Properties, which accounted for approximately 1% of total Properties. Shares have formed a bullish "cup and handle" and higher share prices are expected for this stock.

52-Weeks Trading Range: $33.62 - $46.14

Entry Point: $44.00

Stop Loss: $41.80

Target Price: $48.40

Updates

5/4/2016 10:54:54 AM

NNN closed at $46.06

Position closed on 5/4/2016 at price of $46.06 with a 4.68% gain in 61 days.

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