EX-21 5 v303805_ex21.htm EXHIBIT 21

Exhibit 21

AGREE REALTY CORPORATION

SUBSIDIARIES OF THE REGISTRANT AS OF DECEMBER 31, 2011

Agree Realty Corporation through its Operating Partnership, Agree Limited Partnership, is the sole member of the following Limited Liability Companies.

Subsidiary Agree Limited Partnership Agree Realty Corporation | Jurisdiction of Organization Delaware Maryland
ACCP Maryland, LLC | Delaware
Agree 103-Middleburg Jacksonville, LLC | Delaware
Agree Ann Arbor Jackson, LLC | Delaware
Agree Atlantic Beach, LLC | Delaware
Agree Beecher, LLC | Michigan
Agree Brighton, LLC | Delaware
Agree Bristol & Fenton Project, LLC | Michigan
Agree Charlotte County, LLC | Delaware
Agree-Columbia Crossing Project, L.L.C. | Delaware
Agree Construction Management, LLC | Delaware
Agree Corunna, LLC | Michigan
Agree Development, LLC | Delaware
Agree Elkhart, LLC | Michigan
Agree Facility No. 1, L.L.C. | Delaware
Agree Hastings, LLC | Delaware
Agree Lowell, LLC | Delaware
Agree-Milestone Center Project, L.L.C. | Delaware
Agree Plainfield, LLC | Michigan
Agree Port St. John LLC | Delaware
Agree Realty Services, LLC | Delaware
Agree Realty South-East, LLC | Michigan
Agree Silver Springs Shores, LLC | Delaware
Agree Southfield & Webster, LLC | Delaware
Agree St. Augustine Shores, LLC | Delaware
AMCP Germantown, LLC | Delaware
Ann Arbor Store No. 1, LLC | Delaware
Indianapolis Store No. 16, LLC | Delaware
Lawrence Store No. 203, L.L.C. * | Delaware
Mt Pleasant Shopping Center L.L.C. | Michigan
Oklahoma City Store No. 151, L.L.C. | Delaware
Omaha Store No. 166, No. L.L.C. | Delaware
Phoenix Drive, LLC | Delaware
Agree Atchison, LLC | Kansas
Agree Johnstown, LLC | Ohio
Agree Lake in the Hills, LLC | Illinois
NESOR REALTY VENTURES LLC | Florida
Agree Antioch, LLC | Illinois
Agree Concord, LLC | North Carolina
Agree Mansfield, LLC | Connecticut
Agree Tallahassee, LLC | Florida
Agree Spring Grove, LLC | Illinois
Agree Shelby, LLC | Michigan
Agree Wilmington, LLC | North Carolina
Agree Marietta, LLC | Georgia

Agree Boynton, LLC | Florida
Agree Indianapolis, LLC | Indiana
Agree M-59 LLC | Michigan
Agree Dallas Forest Drive, LLC | Texas
Agree Roseville CA, LLC | California
Agree Wawa Baltimore, LLC | Maryland
Agree New Lenox, LLC | Illinois
Agree Chandler, LLC | Arizona
Agree Fort Walton Beach, LLC | Florida
Agree Portland OR LLC | Delaware
Agree Rancho Cordova I | California
Agree Rancho Cordova II | California
Agree Southfield LLC | Michigan
Agree Poinciana LLC | Florida
Agree Venice, LLC | Florida
Agree Madison AL LLC | Alabama
Agree Leawood, LLC | Delaware
Agree Walker, LLC | Michigan
Agree 17-92, LLC | Florida
Agree Pinellas Park, LLC | Florida

* | Agree Realty Corporation, through its Operating Partnership, Agree Limited Partnership, owns a 99% interest in Lawrence Store No. 203, L.L.C.