8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report: December 1, 2005

COMMERCIAL NET LEASE REALTY, INC.

(exact name of registrant as specified in its charter)

Maryland	001-11290	56-1431377
(State or other jurisdiction of incorporation or organization)	(Commission File Number)	(I.R.S. Employment Identification No.)

450 South Orange Avenue, Suite 900, Orlando, Florida 32801

(Address of principal executive offices, including zip code)

(407) 265-7348

(Registrant’s telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 8.01. Other Events

On December 1, 2005, Commercial Net Lease Realty, Inc. announced that it is exploring the possible sale of its office property leased to the United States of America. The property consists of two Class A office buildings and a parking garage located in the Pentagon City submarket of the Washington, DC metropolitan area. The press release is attached hereto as Exhibit 99.1.

The information in this Form 8-K is being furnished and shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”) or otherwise subject to the liabilities of such section, nor shall such information be deemed to be incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

Item 9.01. Financial Statements and Exhibits

(c)	Exhibits.
99.1	Press Release, dated December 1, 2005, of Commercial Net Lease Realty, Inc.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

	Commercial Net Lease Realty, Inc.
Dated: December 1, 2005	By:	/s/ Kevin B. Habicht
		Kevin B. Habicht
		Executive Vice President and
		Chief Financial Officer

EXHIBIT INDEX

Exhibit No.	Description
99.1	Press Release, dated December 1, 2005, of Commercial Net Lease Realty, Inc.

EX-99.1

Exhibit 99.1

NEWS RELEASE

For information contact:

Kevin B. Habicht

Chief Financial Officer

(407) 265-7348

For Immediate Release

December 1, 2005

COMMERCIAL NET LEASE REALTY, INC. ANNOUNCES

EVALUATION OF POSSIBLE SALE OF WASHINGTON, DC OFFICE PROPERTY

Orlando, Florida, December 1, 2005 - Commercial Net Lease Realty, Inc. (NYSE:NNN), an equity real estate investment trust, announced today that it is exploring the possible sale of its office property leased to the United States of America. The property consists of two Class A office buildings totaling approximately 554,000 square feet and a 1,079 space parking garage located in the Pentagon City submarket of the Washington, DC metropolitan area. The property serves as the headquarters of the Transportation Security Administration under a lease that expires in 2014. The Company has engaged Wachovia Capital Markets LLC to advise it on the possible sale of this property as well as assist in soliciting and evaluating any purchase proposals.

Craig Macnab, President and Chief Executive Officer, noted, “The acquisition of this property in 2003 was an excellent investment. Harvesting the value that has been created will allow us to reinvest sale proceeds in our robust acquisition and development pipeline of retail properties.”

Commercial Net Lease Realty invests primarily in high-quality, retail properties subject generally to long-term, net leases with established tenants, such as Barnes & Noble, Best Buy, CVS, OfficeMax and the United States of America. As of September 30, 2005, the Company owned 464 Investment Properties in 41 states with a gross leasable area of approximately 9.0 million square feet. These Investment Properties are leased to 172 corporations in 60 industry classifications.

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            450 S. Orange Avenue, Suite 900

            Orlando, FL 32801

            (800) NNN-REIT

            (407) 265-7348

            Fax: (407) 650-1044

            www.nnnreit.com

            NYSE:NNN