Retail REITs own and manage retail real estate and rent space in those properties to tenants. Retail REITs include REITs that focus on large regional malls, outlet centers, grocery-anchored shopping centers and power centers that feature big box retailers.

Net lease REITs own freestanding properties and structure their leases so that tenants pay both rent and the majority of operating expenses for a property. Well-known companies that utilize REIT-owned real estate include Whole Foods, Nordstrom, Krogers, and many more.

Who Invests in Retail REITs?

Many Americans may be unaware that they already have investments in REITs via their 401ks, Thrift Savings Plan (TSP), or other investment vehicle geared towards retirement. Large institutional investors, including pension funds, endowments, foundations, insurance companies, and bank departments, also invest in REITs as a cost effective and efficient way to gain exposure to the real estate asset class.

How to Invest in Retail REITs

There are currently 29 retail REITs listed on the FTSE Nareit US Real Estate Indexes that individuals can invest in directly with the help of a broker or by purchasing shares in a participating REIT mutual fund of REIT exchange-traded fund (ETF).

Overview

6/30/2025, Source: FTSE
Number of REITs
29
Dividend Yield
4.96%
YTD Total Return
-1.03%
June Total Return
0.72%
2024 Total Return
14.01%

Quarterly Data

Source: Nareit T-Tracker
Q1 2025 2024
FFO ($M) $3,899 $15,772
NOI ($M) $5,002 $19,684
Dividends paid ($M) $2,760 $10,605
SS NOI 3.06%
Occupancy Rate 96.62%

Performance Details

As of Q1 2025, Source: CoStar Group, Inc
Net Absorption (sq. ft.)
25
Net Completions (sq. ft.)
30
Performance Occupancy Rate
95.85
Rent Growth YoY
1.9

List of Retail REITs

1 Year Total Return Stock price
Acadia Realty Trust
AKR | Rye United States | Retail
-3.74%
$18.55
Agree Realty Corporation
ADC | Royal Oak United States | Retail
12.24%
$71.63
Alpine Income Property Trust
PINE | Winter Park United States | Retail
-8.77%
$14.30
Brixmor Property Group Inc.
BRX | New York United States | Retail
9.12%
$25.55
Burroughs & Chapin Company, Inc.
N/A | Myrtle Beach United States | Retail
Not available
$0.00
CBL Properties
CBL | Chattanooga United States | Retail
13.26%
$26.45
CTO Realty Growth, Inc.
CTO | Winter Park United States | Retail
-0.73%
$17.24
Curbline Properties
CURB | New York United States | Retail
Not available
$22.94
Essential Properties Realty Trust, Inc.
EPRT | Princeton United States | Retail
2.74%
$30.49
Federal Realty Investment Trust
FRT | North Bethesda United States | Retail
-9.82%
$94.67
Four Corners Property Trust
FCPT | Mill Valley United States | Retail
2.45%
$26.34
Getty Realty Corp.
GTY | New York United States | Retail
-6.81%
$26.79
Hedge Brasil Shopping FII (HGBS)
HGBS11 | São Paulo Brazil | Retail
-1.77%
$3.48
Inland Real Estate Income Trust, Inc.
N/A | Oak Brook United States | Retail
Not available
$0.00
InvenTrust Properties Corp.
IVT | Downers Grove United States | Retail
4.71%
$26.96
INZHUR, LLC
N/A | Kyiv Ukraine | Retail
Not available
$0.00
Kimco Realty Corporation
KIM | Jericho United States | Retail
6.33%
$21.67
Kite Realty Group Trust
KRG | Indianapolis United States | Retail
-0.63%
$22.44
Macerich
MAC | Santa Monica United States | Retail
6.69%
$16.57
NETSTREIT
NTST | Dallas United States | Retail
7.83%
$17.58
NNN REIT, Inc.
NNN | Orlando United States | Retail
-1.62%
$42.75
Phillips Edison & Co.
PECO | Cincinnati United States | Retail
2.52%
$34.93
Realty Income Corporation
O | San Diego United States | Retail
3.37%
$56.47
Regency Centers Corporation
REG | Jacksonville United States | Retail
9.64%
$69.87
Saul Centers, Inc.
BFS | Bethesda United States | Retail
-9.71%
$32.88
Simon Property Group, Inc.
SPG | Indianapolis United States | Retail
11.79%
$162.86
SITE Centers Corp.
SITC | Beachwood United States | Retail
3.39%
$11.06
Tanger Inc.
SKT | Greensboro United States | Retail
15.41%
$31.54
Urban Edge Properties
UE | New York United States | Retail
1.46%
$19.27
Whitestone REIT
WSR | Houston United States | Retail
-7.42%
$12.44