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<S><C>
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FORM 3 OMB APPROVAL
UNITED STATES SECURITIES AND EXCHANGE COMMISSION ---------------------------
WASHINGTON D.C. 20549 OMB Number: 3235-0104
Expires: April 30, 1997
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Estimated average burden
hours per response......0.5
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Filed pursuant to Section 16(a) of the Securities Exchange
Act of 1934, Section 17(a) of the Public Utility
Holding Company Act of 1935 or Section 30(f) of the
Investment Company Act 1940
(Print or Type Responses)
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1. Name and Address of Reporting Person |2. Date of Event |4. Issuer Name and Ticker or Trading Symbol
| Requiring | Commercial Net Lease Realty, Inc. NNN
| Statement |-------------------------------------------------------------------
Jennings Richard B | (Month/Day/Year) |5. Relationship of Reporting Person to Issuer|6. If Amended, Date
------------------------------------------| June 2000 | (Check all applicable) | of Original
(Last) (First) (Middle) |---------------------| __X__ Director _____10% Owner | (Month/Day/Year)
|3. IRS or Social | _____ Officer(give title below) |
530 East 86th Street, Apt. 15C | Security Number | _____ Other (specify Below) |
------------------------------------------| of Reporting | |
(Street) | Person (Voluntary)| |
| | |
New York NY 10028 | ###-##-#### | |
------------------------------------------|-----------------------------------------------------------------------------------------
(City) (State) (Zip) | Table I - Non-Derivative Securities Benefically Owned
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1. Title of Security |2. Amount of Securities |3. Ownership Form: |4. Nature of Indirect Benefical Ownership
(Instr. 4) | Beneficially Owned | Direct (D) or | (Instr. 5)
| (Instr. 4) | Indirect (I) |
| | (Instr. 5) |
------------------------------------------|-------------------------|--------------------|------------------------------------------
None | | |
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| | |
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| | |
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| | |
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| | |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. (Over)
SEC 1473 (8-92)
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FORM 3 (CONTINUED) TABLE II - - DERIVATIVE SECURITIES BENEFICIALLY OWNED
(E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
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1. Title of Derivative | 2. Date Exer- | 3. Title and Amount of Underlying | 4.
Conversion or |5. Ownership |6. Nature of Security | cisable and | Derivative
Securities | Exercise | Form of | Beneficial
(Instr. 4) | Expiration | (Instr. 4) | Price of | Derivative | Ownership
| (Month/Day/ | | Derivative | Security: | (Instr. 5)
| Year) | | Security | Direct (D) |
| | | | Indirect |
|-----------------|------------------------------------| | (I) |
| Date | Expira-| | Amount or | | (Instr. 5) |
| Exer- | tion | Title | Number of | | |
| cisable| Date | | Shares | | |
<S> | <C> | <C> | <C> |<C> | <C> |<C> <C>
-------------------------|--------|--------|-------------------|----------------|-------------------|--------------|----------------
None | | | |
-------------------------|--------|--------|-------------------|----------------|-------------------|--------------|----------------
| | | |
-------------------------|--------|--------|-------------------|----------------|-------------------|--------------|----------------
| | | |
-------------------------|--------|--------|-------------------|----------------|-------------------|--------------|----------------
| | | |
-------------------------|--------|--------|-------------------|----------------|-------------------|--------------|----------------
| | | |
-------------------------|--------|--------|-------------------|----------------|-------------------|--------------|----------------
Explanation of Responses:
** Intentional misstatements or ommissions of facts constitute Federal Criminal Violations.
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
/S/ Richard Jennings July 6, 2000
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Signature of Reporting Date
Person
Note: File three copies of this Form, one of which must be manually signed. Page 2
If space provided is insufficient, see Instruction 6 for procedure. SEC 1473 (8/92)
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