Interest Rate Changes: Higher interest rates generally make borrowing more expensive for businesses, potentially impacting their expansion and profitability, thus affecting stock price.

Economic Growth: A strong economy typically leads to higher consumer spending and business activity, benefiting net-lease REITs like NNN and potentially increasing its stock price.

Inflation: Rising inflation can erode the value of future lease payments if not adequately protected by inflation escalators in lease agreements, affecting investor sentiment.

Vacancy Rates: Higher commercial property vacancy rates in the markets where NNN operates could negatively impact its rental income and stock price.

Acquisition and Disposition Activity: NNN's ability to acquire properties strategically and dispose of underperforming assets can influence its growth prospects and stock valuation.

Financial Performance: NNN's reported earnings, funds from operations (FFO), and dividend payouts are crucial indicators of its financial health and can directly impact its stock price.

Market Sentiment: Overall investor confidence and risk appetite in the stock market and real estate sector can affect NNN's stock price regardless of its fundamental performance.

Company-Specific News: Any significant news related to NNN, such as management changes, lease renewals, or strategic partnerships, can influence investor perceptions and stock price.

Competition: The competitive landscape among net-lease REITs and other investment options can affect NNN's ability to attract investors and maintain its market share, thus affecting its stock price.