CEO Joey Agree Breaks Down Agree Realty’s (ADC) Playbook

I sit down with Joey Agree, CEO of Agree Realty (ADC), to break down what’s really happening in the net lease REIT space—and what investors should be watching next.We cover how Agree Realty has built one of the strongest balance sheets in retail real estate, why high-quality tenants matter more than ever, and how the company thinks about growth, risk, and dividends in today’s higher-rate environment.Whether you’re already an ADC shareholder or just looking to understand how net lease REITs fit into a long-term income portfolio, this conversation is packed with real-world insights straight from the top.Topics we discuss: • Joey’s background and the evolution of Agree Realty • The current state of the net lease REIT sector • Tenant performance and retail resiliency • How interest rates impact REIT valuations and growth • Dividend safety, balance sheet strength, and long-term strategyTime Stamps:00:00 Introduction00:31 Welcome Joey Agree00:50 Background of Agree Realty03:13 What is a "net-lease"?04:13 What does ADC invest in?06:30 What does ADC not invest in?08:09 The Death of Physical Retail?12:16 2026 ADC investment guidance14:24 ADC stock facts16:04 How does ADC balance dividend growth and balance sheet strength?17:55 How does ADC evaluate tenants to identify issues?20:55 How ADC uses Ground Leases23:14 How are interest rates afffecting ADC?25:24 Rapid Fire Questions27:05 Outro and thank youIf you’re focused on dividend growth, real estate income, and portfolio durability, this is a must-watch.👍 If you find this helpful, hit like, subscribe, and let me know your thoughts on net lease REITs in the comments.If you want a better way to track your dividend portfolio, try Snowball Analytics! Here is my referral link (no added cost to you): https://snowball-analytics.com/register/dividendstockpileor you can use my promo code: DIVIDENDSTOCKPILE.