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      <filer>
        <filerCredentials>
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          <ccc>XXXXXXXX</ccc>
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      <liveTestFlag>LIVE</liveTestFlag>



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    <issuerInfo>
      <issuerCik>0000751364</issuerCik>
      <issuerName>NNN REIT, INC.</issuerName>
      <secFileNumber>001-11290</secFileNumber>
      <issuerAddress>
        <com:street1>450 S ORANGE AVE</com:street1>
        <com:street2>SUITE 900</com:street2>
        <com:city>ORLANDO</com:city>
        <com:stateOrCountry>FL</com:stateOrCountry>
        <com:zipCode>32801</com:zipCode>
      </issuerAddress>
      <issuerContactPhone>407-265-7348</issuerContactPhone>
      <nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>Tessitore Christopher Paul</nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>
      <relationshipsToIssuer>
        <relationshipToIssuer>Officer</relationshipToIssuer>
      </relationshipsToIssuer>
    </issuerInfo>
    <securitiesInformation>
      <securitiesClassTitle>Common Stock</securitiesClassTitle>
      <brokerOrMarketmakerDetails>
        <name>Charles Schwab &amp; Co. INC</name>
        <address>
          <com:street1>3000 Schwab Way</com:street1>
          <com:city>Westlake</com:city>
          <com:stateOrCountry>TX</com:stateOrCountry>
          <com:zipCode>76262</com:zipCode>
        </address>
      </brokerOrMarketmakerDetails>
      <noOfUnitsSold>47717</noOfUnitsSold>
      <aggregateMarketValue>1854282.00</aggregateMarketValue>
      <noOfUnitsOutstanding>182440471</noOfUnitsOutstanding>
      <approxSaleDate>11/21/2023</approxSaleDate>
      <securitiesExchangeName>NYSE</securitiesExchangeName>
    </securitiesInformation>
    <securitiesToBeSold>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <acquiredDate>01/01/2021</acquiredDate>
      <natureOfAcquisitionTransaction>Restricted Stock Award</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>47717</amountOfSecuritiesAcquired>
      <paymentDate>01/01/2021</paymentDate>
      <natureOfPayment>Equity Compensation</natureOfPayment>
    </securitiesToBeSold>
    <nothingToReportFlagOnSecuritiesSoldInPast3Months>Y</nothingToReportFlagOnSecuritiesSoldInPast3Months>
    <remarks>Shares to be sold vested 1/1/21 to 3/1/23</remarks>
    <noticeSignature>
      <noticeDate>11/28/2023</noticeDate>
      <signature>Christopher Tessitore</signature>
    </noticeSignature>
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144
0001385861
XXXXXXXX
LIVE
0000751364
NNN REIT, INC.
001-11290
450 S ORANGE AVE
SUITE 900
ORLANDO
FL
32801
407-265-7348
Tessitore Christopher Paul
Officer
Common Stock
Charles Schwab & Co. INC
3000 Schwab Way
Westlake
TX
76262
47717
1854282.00
182440471
11/21/2023
NYSE
Common
01/01/2021
Restricted Stock Award
Issuer
N
47717
01/01/2021
Equity Compensation
Y
Shares to be sold vested 1/1/21 to 3/1/23
11/28/2023
Christopher Tessitore