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<!--XBRL Document Created with the Workiva Platform-->
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<link:linkbase xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd">
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedPeriodStartLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedPeriodStartLabel"/>
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/netLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/net-2009-12-16.xsd#netLabel"/>
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedNetLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedNetLabel"/>
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTerseLabel"/>
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedPeriodEndLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedPeriodEndLabel"/>
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedLabel"/>
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTotalLabel"/>
  <link:labelLink xlink:role="http://www.xbrl.org/2003/role/link" xlink:type="extended">
    <link:label id="lab_dei_EntityTaxIdentificationNumber_019e287b-8e9c-7662-ad4b-bab9d74e98aa_terseLabel_en-US" xlink:label="lab_dei_EntityTaxIdentificationNumber" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Tax Identification Number</link:label>
    <link:label id="lab_dei_EntityTaxIdentificationNumber_label_en-US" xlink:label="lab_dei_EntityTaxIdentificationNumber" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Tax Identification Number</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityTaxIdentificationNumber" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_EntityTaxIdentificationNumber"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityTaxIdentificationNumber" xlink:to="lab_dei_EntityTaxIdentificationNumber" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityFileNumber_019e287b-8e9c-78ce-8b20-42183803076b_terseLabel_en-US" xlink:label="lab_dei_EntityFileNumber" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity File Number</link:label>
    <link:label id="lab_dei_EntityFileNumber_label_en-US" xlink:label="lab_dei_EntityFileNumber" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity File Number</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityFileNumber" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_EntityFileNumber"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityFileNumber" xlink:to="lab_dei_EntityFileNumber" xlink:type="arc" order="1"/>
    <link:label id="lab_o_SeniorUnsecuredNotesPayable1.125DueJuly2027Member_019e287b-8e9c-7ed3-a2b3-9f372ba195af_terseLabel_en-US" xlink:label="lab_o_SeniorUnsecuredNotesPayable1.125DueJuly2027Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Senior Unsecured Notes Payable 1.125 Due July 2027</link:label>
    <link:label id="lab_o_SeniorUnsecuredNotesPayable1.125DueJuly2027Member_label_en-US" xlink:label="lab_o_SeniorUnsecuredNotesPayable1.125DueJuly2027Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Senior Unsecured Notes Payable 1.125 Due July 2027 [Member]</link:label>
    <link:label id="lab_o_SeniorUnsecuredNotesPayable1.125DueJuly2027Member_documentation_en-US" xlink:label="lab_o_SeniorUnsecuredNotesPayable1.125DueJuly2027Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Senior Unsecured Notes Payable 1.125 Due July 2027</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_o_SeniorUnsecuredNotesPayable1.125DueJuly2027Member" xlink:href="o-20260521.xsd#o_SeniorUnsecuredNotesPayable1.125DueJuly2027Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_o_SeniorUnsecuredNotesPayable1.125DueJuly2027Member" xlink:to="lab_o_SeniorUnsecuredNotesPayable1.125DueJuly2027Member" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_CoverAbstract_019e287b-8e9c-71b2-be94-9a28beaf8bf4_terseLabel_en-US" xlink:label="lab_dei_CoverAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cover [Abstract]</link:label>
    <link:label id="lab_dei_CoverAbstract_label_en-US" xlink:label="lab_dei_CoverAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cover [Abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_CoverAbstract" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_CoverAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_CoverAbstract" xlink:to="lab_dei_CoverAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_Security12bTitle_019e287b-8e9c-761c-9079-33c7f145fd74_terseLabel_en-US" xlink:label="lab_dei_Security12bTitle" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Title of 12(b) Security</link:label>
    <link:label id="lab_dei_Security12bTitle_label_en-US" xlink:label="lab_dei_Security12bTitle" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Title of 12(b) Security</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_Security12bTitle" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_Security12bTitle"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_Security12bTitle" xlink:to="lab_dei_Security12bTitle" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_LocalPhoneNumber_019e287b-8e9c-7345-90f7-7d33b63d5414_terseLabel_en-US" xlink:label="lab_dei_LocalPhoneNumber" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Local Phone Number</link:label>
    <link:label id="lab_dei_LocalPhoneNumber_label_en-US" xlink:label="lab_dei_LocalPhoneNumber" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Local Phone Number</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_LocalPhoneNumber" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_LocalPhoneNumber"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_LocalPhoneNumber" xlink:to="lab_dei_LocalPhoneNumber" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_ClassOfStockDomain_019e287b-8e9c-74af-9de5-2346d687c26d_terseLabel_en-US" xlink:label="lab_us-gaap_ClassOfStockDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Class of Stock [Domain]</link:label>
    <link:label id="lab_us-gaap_ClassOfStockDomain_label_en-US" xlink:label="lab_us-gaap_ClassOfStockDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Class of Stock [Domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ClassOfStockDomain" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_ClassOfStockDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ClassOfStockDomain" xlink:to="lab_us-gaap_ClassOfStockDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_o_SeniorUnsecuredNotesPayable3.875Due2035Member_019e2c76-c50a-7941-aaff-d06f4b413830_terseLabel_en-US" xlink:label="lab_o_SeniorUnsecuredNotesPayable3.875Due2035Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Senior Unsecured Notes Payable 3.875 Due 2035</link:label>
    <link:label id="lab_o_SeniorUnsecuredNotesPayable3.875Due2035Member_label_en-US" xlink:label="lab_o_SeniorUnsecuredNotesPayable3.875Due2035Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Senior Unsecured Notes Payable 3.875 Due 2035 [Member]</link:label>
    <link:label id="lab_o_SeniorUnsecuredNotesPayable3.875Due2035Member_documentation_en-US" xlink:label="lab_o_SeniorUnsecuredNotesPayable3.875Due2035Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Senior Unsecured Notes Payable 3.875 Due 2035</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_o_SeniorUnsecuredNotesPayable3.875Due2035Member" xlink:href="o-20260521.xsd#o_SeniorUnsecuredNotesPayable3.875Due2035Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_o_SeniorUnsecuredNotesPayable3.875Due2035Member" xlink:to="lab_o_SeniorUnsecuredNotesPayable3.875Due2035Member" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_SolicitingMaterial_019e287b-8e9c-77d9-be8c-61d26b46b8e5_terseLabel_en-US" xlink:label="lab_dei_SolicitingMaterial" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Soliciting Material</link:label>
    <link:label id="lab_dei_SolicitingMaterial_label_en-US" xlink:label="lab_dei_SolicitingMaterial" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Soliciting Material</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_SolicitingMaterial" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_SolicitingMaterial"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_SolicitingMaterial" xlink:to="lab_dei_SolicitingMaterial" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityAddressAddressLine1_019e287b-8e9c-77d4-a4ca-3a9a54256f2a_terseLabel_en-US" xlink:label="lab_dei_EntityAddressAddressLine1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Address, Address Line One</link:label>
    <link:label id="lab_dei_EntityAddressAddressLine1_label_en-US" xlink:label="lab_dei_EntityAddressAddressLine1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Address, Address Line One</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressAddressLine1" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_EntityAddressAddressLine1"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityAddressAddressLine1" xlink:to="lab_dei_EntityAddressAddressLine1" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityAddressPostalZipCode_019e287b-8e9c-7be1-b375-28a20c78d8c7_terseLabel_en-US" xlink:label="lab_dei_EntityAddressPostalZipCode" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Address, Postal Zip Code</link:label>
    <link:label id="lab_dei_EntityAddressPostalZipCode_label_en-US" xlink:label="lab_dei_EntityAddressPostalZipCode" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Address, Postal Zip Code</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressPostalZipCode" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_EntityAddressPostalZipCode"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityAddressPostalZipCode" xlink:to="lab_dei_EntityAddressPostalZipCode" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityRegistrantName_019e287b-8e9c-7be0-a479-47b97ea04842_terseLabel_en-US" xlink:label="lab_dei_EntityRegistrantName" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Registrant Name</link:label>
    <link:label id="lab_dei_EntityRegistrantName_label_en-US" xlink:label="lab_dei_EntityRegistrantName" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Registrant Name</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityRegistrantName" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_EntityRegistrantName"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityRegistrantName" xlink:to="lab_dei_EntityRegistrantName" xlink:type="arc" order="1"/>
    <link:label id="lab_o_SeniorUnsecuredNotesPayable1.875DueJanuary2027Member_019e287b-8e9c-77f3-8076-5833f45ab8a3_terseLabel_en-US" xlink:label="lab_o_SeniorUnsecuredNotesPayable1.875DueJanuary2027Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Senior Unsecured Notes Payable 1.875 Due January 2027</link:label>
    <link:label id="lab_o_SeniorUnsecuredNotesPayable1.875DueJanuary2027Member_label_en-US" xlink:label="lab_o_SeniorUnsecuredNotesPayable1.875DueJanuary2027Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Senior Unsecured Notes Payable 1.875 Due January 2027 [Member]</link:label>
    <link:label id="lab_o_SeniorUnsecuredNotesPayable1.875DueJanuary2027Member_documentation_en-US" xlink:label="lab_o_SeniorUnsecuredNotesPayable1.875DueJanuary2027Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Senior Unsecured Notes Payable 1.875 Due January 2027</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_o_SeniorUnsecuredNotesPayable1.875DueJanuary2027Member" xlink:href="o-20260521.xsd#o_SeniorUnsecuredNotesPayable1.875DueJanuary2027Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_o_SeniorUnsecuredNotesPayable1.875DueJanuary2027Member" xlink:to="lab_o_SeniorUnsecuredNotesPayable1.875DueJanuary2027Member" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityAddressStateOrProvince_019e287b-8e9c-771b-ae2d-24d6f2f8ca44_terseLabel_en-US" xlink:label="lab_dei_EntityAddressStateOrProvince" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Address, State or Province</link:label>
    <link:label id="lab_dei_EntityAddressStateOrProvince_label_en-US" xlink:label="lab_dei_EntityAddressStateOrProvince" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Address, State or Province</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressStateOrProvince" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_EntityAddressStateOrProvince"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityAddressStateOrProvince" xlink:to="lab_dei_EntityAddressStateOrProvince" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityIncorporationStateCountryCode_019e287b-8e9c-7832-8ba7-abb94fb991b3_terseLabel_en-US" xlink:label="lab_dei_EntityIncorporationStateCountryCode" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Incorporation, State or Country Code</link:label>
    <link:label id="lab_dei_EntityIncorporationStateCountryCode_label_en-US" xlink:label="lab_dei_EntityIncorporationStateCountryCode" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Incorporation, State or Country Code</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityIncorporationStateCountryCode" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_EntityIncorporationStateCountryCode"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityIncorporationStateCountryCode" xlink:to="lab_dei_EntityIncorporationStateCountryCode" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_WrittenCommunications_019e287b-8e9c-7b26-a987-17efc9fd0efc_terseLabel_en-US" xlink:label="lab_dei_WrittenCommunications" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Written Communications</link:label>
    <link:label id="lab_dei_WrittenCommunications_label_en-US" xlink:label="lab_dei_WrittenCommunications" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Written Communications</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_WrittenCommunications" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_WrittenCommunications"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_WrittenCommunications" xlink:to="lab_dei_WrittenCommunications" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_TradingSymbol_019e287b-8e9c-71a5-bd9b-a67c59915176_terseLabel_en-US" xlink:label="lab_dei_TradingSymbol" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Trading Symbol</link:label>
    <link:label id="lab_dei_TradingSymbol_label_en-US" xlink:label="lab_dei_TradingSymbol" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Trading Symbol</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_TradingSymbol" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_TradingSymbol"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_TradingSymbol" xlink:to="lab_dei_TradingSymbol" xlink:type="arc" order="1"/>
    <link:label id="lab_o_SeniorUnsecuredNotesPayable5.000DueDecember2029Member_019e287b-8e9c-781d-9205-0e2049dffcaf_terseLabel_en-US" xlink:label="lab_o_SeniorUnsecuredNotesPayable5.000DueDecember2029Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Senior Unsecured Notes Payable 5.000 Due December 2029</link:label>
    <link:label id="lab_o_SeniorUnsecuredNotesPayable5.000DueDecember2029Member_label_en-US" xlink:label="lab_o_SeniorUnsecuredNotesPayable5.000DueDecember2029Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Senior Unsecured Notes Payable 5.000 Due December 2029 [Member]</link:label>
    <link:label id="lab_o_SeniorUnsecuredNotesPayable5.000DueDecember2029Member_documentation_en-US" xlink:label="lab_o_SeniorUnsecuredNotesPayable5.000DueDecember2029Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Senior Unsecured Notes Payable 5.000 Due December 2029</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_o_SeniorUnsecuredNotesPayable5.000DueDecember2029Member" xlink:href="o-20260521.xsd#o_SeniorUnsecuredNotesPayable5.000DueDecember2029Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_o_SeniorUnsecuredNotesPayable5.000DueDecember2029Member" xlink:to="lab_o_SeniorUnsecuredNotesPayable5.000DueDecember2029Member" xlink:type="arc" order="1"/>
    <link:label id="lab_o_SeniorUnsecuredNotesPayable5.125DueJuly2034Member_019e287b-8e9c-7ac4-989a-b35ebf7ab943_terseLabel_en-US" xlink:label="lab_o_SeniorUnsecuredNotesPayable5.125DueJuly2034Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Senior Unsecured Notes Payable 5.125 Due July 2034</link:label>
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    <link:label id="lab_o_SeniorUnsecuredNotesPayable5.125DueJuly2034Member_documentation_en-US" xlink:label="lab_o_SeniorUnsecuredNotesPayable5.125DueJuly2034Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Senior Unsecured Notes Payable 5.125 Due July 2034</link:label>
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    <link:label id="lab_us-gaap_CommonClassAMember_label_en-US" xlink:label="lab_us-gaap_CommonClassAMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Common Class A [Member]</link:label>
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    <link:label id="lab_o_SeniorUnsecuredNotesPayable2.500DueJanuary2042Member_label_en-US" xlink:label="lab_o_SeniorUnsecuredNotesPayable2.500DueJanuary2042Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Senior Unsecured Notes Payable 2.500 Due January 2042 [Member]</link:label>
    <link:label id="lab_o_SeniorUnsecuredNotesPayable2.500DueJanuary2042Member_documentation_en-US" xlink:label="lab_o_SeniorUnsecuredNotesPayable2.500DueJanuary2042Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Senior Unsecured Notes Payable 2.500 Due January 2042</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_o_SeniorUnsecuredNotesPayable2.500DueJanuary2042Member" xlink:href="o-20260521.xsd#o_SeniorUnsecuredNotesPayable2.500DueJanuary2042Member"/>
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    <link:label id="lab_dei_DocumentPeriodEndDate_019e287b-8e9c-74fc-8174-c1fc9fab1943_terseLabel_en-US" xlink:label="lab_dei_DocumentPeriodEndDate" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Document Period End Date</link:label>
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    <link:label id="lab_dei_PreCommencementIssuerTenderOffer_label_en-US" xlink:label="lab_dei_PreCommencementIssuerTenderOffer" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Pre-commencement Issuer Tender Offer</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_PreCommencementIssuerTenderOffer" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_PreCommencementIssuerTenderOffer"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_PreCommencementIssuerTenderOffer" xlink:to="lab_dei_PreCommencementIssuerTenderOffer" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityAddressCityOrTown_019e287b-8e9c-77fa-b8bc-2e496ff8f8cd_terseLabel_en-US" xlink:label="lab_dei_EntityAddressCityOrTown" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Address, City or Town</link:label>
    <link:label id="lab_dei_EntityAddressCityOrTown_label_en-US" xlink:label="lab_dei_EntityAddressCityOrTown" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Address, City or Town</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressCityOrTown" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_EntityAddressCityOrTown"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityAddressCityOrTown" xlink:to="lab_dei_EntityAddressCityOrTown" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_AmendmentFlag_019e287b-8e9c-7ee2-bfd5-b2bc223d4a02_terseLabel_en-US" xlink:label="lab_dei_AmendmentFlag" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Amendment Flag</link:label>
    <link:label id="lab_dei_AmendmentFlag_label_en-US" xlink:label="lab_dei_AmendmentFlag" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Amendment Flag</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_AmendmentFlag" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_AmendmentFlag"/>
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    <link:label id="lab_o_SeniorUnsecuredNotesPayable5.250Due2041Member_019e287b-8e9c-7ab8-885e-89bccccab602_terseLabel_en-US" xlink:label="lab_o_SeniorUnsecuredNotesPayable5.250Due2041Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Senior Unsecured Notes Payable 5.250 Due 2041</link:label>
    <link:label id="lab_o_SeniorUnsecuredNotesPayable5.250Due2041Member_label_en-US" xlink:label="lab_o_SeniorUnsecuredNotesPayable5.250Due2041Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Senior Unsecured Notes Payable 5.250 Due 2041 [Member]</link:label>
    <link:label id="lab_o_SeniorUnsecuredNotesPayable5.250Due2041Member_documentation_en-US" xlink:label="lab_o_SeniorUnsecuredNotesPayable5.250Due2041Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Senior Unsecured Notes Payable 5.250 Due 2041</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_o_SeniorUnsecuredNotesPayable5.250Due2041Member" xlink:href="o-20260521.xsd#o_SeniorUnsecuredNotesPayable5.250Due2041Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_o_SeniorUnsecuredNotesPayable5.250Due2041Member" xlink:to="lab_o_SeniorUnsecuredNotesPayable5.250Due2041Member" xlink:type="arc" order="1"/>
    <link:label id="lab_o_SeniorUnsecuredNotesPayable4.875DueJuly2030Member_019e287b-8e9c-7ae4-8de3-b69cdb97cd97_terseLabel_en-US" xlink:label="lab_o_SeniorUnsecuredNotesPayable4.875DueJuly2030Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Senior Unsecured Notes Payable 4.875 Due July 2030</link:label>
    <link:label id="lab_o_SeniorUnsecuredNotesPayable4.875DueJuly2030Member_label_en-US" xlink:label="lab_o_SeniorUnsecuredNotesPayable4.875DueJuly2030Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Senior Unsecured Notes Payable 4.875 Due July 2030 [Member]</link:label>
    <link:label id="lab_o_SeniorUnsecuredNotesPayable4.875DueJuly2030Member_documentation_en-US" xlink:label="lab_o_SeniorUnsecuredNotesPayable4.875DueJuly2030Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Senior Unsecured Notes Payable 4.875 Due July 2030</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_o_SeniorUnsecuredNotesPayable4.875DueJuly2030Member" xlink:href="o-20260521.xsd#o_SeniorUnsecuredNotesPayable4.875DueJuly2030Member"/>
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    <link:label id="lab_dei_SecurityExchangeName_019e287b-8e9c-7439-a810-315e9064a972_terseLabel_en-US" xlink:label="lab_dei_SecurityExchangeName" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Security Exchange Name</link:label>
    <link:label id="lab_dei_SecurityExchangeName_label_en-US" xlink:label="lab_dei_SecurityExchangeName" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Security Exchange Name</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_SecurityExchangeName" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_SecurityExchangeName"/>
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    <link:label id="lab_o_SeniorUnsecuredNotesPayable5.750Due2031Member_019e287b-8e9c-7cda-8e42-9e6a25a7338d_terseLabel_en-US" xlink:label="lab_o_SeniorUnsecuredNotesPayable5.750Due2031Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Senior Unsecured Notes Payable 5.750 Due 2031</link:label>
    <link:label id="lab_o_SeniorUnsecuredNotesPayable5.750Due2031Member_label_en-US" xlink:label="lab_o_SeniorUnsecuredNotesPayable5.750Due2031Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Senior Unsecured Notes Payable 5.750 Due 2031 [Member]</link:label>
    <link:label id="lab_o_SeniorUnsecuredNotesPayable5.750Due2031Member_documentation_en-US" xlink:label="lab_o_SeniorUnsecuredNotesPayable5.750Due2031Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Senior Unsecured Notes Payable 5.750 Due 2031</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_o_SeniorUnsecuredNotesPayable5.750Due2031Member" xlink:href="o-20260521.xsd#o_SeniorUnsecuredNotesPayable5.750Due2031Member"/>
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    <link:label id="lab_o_SeniorUnsecuredNotesPayable6000Due2039Member_019e287b-8e9c-73fc-ae99-db8688ab9eeb_terseLabel_en-US" xlink:label="lab_o_SeniorUnsecuredNotesPayable6000Due2039Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Senior Unsecured Notes Payable 6.000 Due 2039</link:label>
    <link:label id="lab_o_SeniorUnsecuredNotesPayable6000Due2039Member_label_en-US" xlink:label="lab_o_SeniorUnsecuredNotesPayable6000Due2039Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Senior Unsecured Notes Payable 6.000 Due 2039 [Member]</link:label>
    <link:label id="lab_o_SeniorUnsecuredNotesPayable6000Due2039Member_documentation_en-US" xlink:label="lab_o_SeniorUnsecuredNotesPayable6000Due2039Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Senior Unsecured Notes Payable 6.000 Due 2039</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_o_SeniorUnsecuredNotesPayable6000Due2039Member" xlink:href="o-20260521.xsd#o_SeniorUnsecuredNotesPayable6000Due2039Member"/>
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    <link:label id="lab_dei_DocumentInformationLineItems_label_en-US" xlink:label="lab_dei_DocumentInformationLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Document Information [Line Items]</link:label>
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    <link:label id="lab_o_SeniorUnsecuredNotesPayable3.375Due2031Member_label_en-US" xlink:label="lab_o_SeniorUnsecuredNotesPayable3.375Due2031Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Senior Unsecured Notes Payable 3.375% Due 2031 [Member]</link:label>
    <link:label id="lab_o_SeniorUnsecuredNotesPayable3.375Due2031Member_documentation_en-US" xlink:label="lab_o_SeniorUnsecuredNotesPayable3.375Due2031Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Senior Unsecured Notes Payable 3.375% Due 2031</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_o_SeniorUnsecuredNotesPayable3.375Due2031Member" xlink:href="o-20260521.xsd#o_SeniorUnsecuredNotesPayable3.375Due2031Member"/>
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    <link:label id="lab_dei_DocumentType_019e287b-8e9c-7a73-af85-412ef5e1300e_terseLabel_en-US" xlink:label="lab_dei_DocumentType" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Document Type</link:label>
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    <link:label id="lab_us-gaap_StatementClassOfStockAxis_label_en-US" xlink:label="lab_us-gaap_StatementClassOfStockAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Class of Stock [Axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StatementClassOfStockAxis" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_StatementClassOfStockAxis"/>
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    <link:label id="lab_o_SeniorUnsecuredNotesPayable1.625DueDecember2030Member_label_en-US" xlink:label="lab_o_SeniorUnsecuredNotesPayable1.625DueDecember2030Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Senior Unsecured Notes Payable 1.625 Due December 2030 [Member]</link:label>
    <link:label id="lab_o_SeniorUnsecuredNotesPayable1.625DueDecember2030Member_documentation_en-US" xlink:label="lab_o_SeniorUnsecuredNotesPayable1.625DueDecember2030Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Senior Unsecured Notes Payable 1.625 Due December 2030</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_o_SeniorUnsecuredNotesPayable1.625DueDecember2030Member" xlink:href="o-20260521.xsd#o_SeniorUnsecuredNotesPayable1.625DueDecember2030Member"/>
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