REIT specializing in single-tenant, net lease properties that are essential to the business operations of tenants.
Essential Properties Realty Trust, Inc. is a prominent real estate investment firm specializing in the acquisition, ownership, and management of single-tenant properties across the United States. The company's portfolio primarily includes properties leased to middle-market businesses across a variety of sectors, including restaurants, car washes, automotive services, medical and dental services, convenience stores, equipment rental, entertainment, early childhood education, grocery, and health and fitness centers. By focusing on these sectors, Essential Properties ensures a diversified and resilient portfolio of long-term lease agreements.
As of December 31, 2021, Essential Properties Realty Trust, Inc. boasts a substantial portfolio comprising 1,451 properties. This extensive collection of properties is strategically leased on a long-term basis, ensuring stable and predictable income streams. The company's robust portfolio reflects its strategic acquisitions and efficient management practices, positioning it as a leader in the single-tenant property market in the United States.
Essential Properties Realty Trust, Inc. operates as a Real Estate Investment Trust (REIT), which allows it to benefit from favorable tax treatment under federal law. As a REIT, the company is exempt from federal corporate income taxes provided it distributes at least 90% of its taxable income to shareholders. This tax structure enables Essential Properties to maximize shareholder returns through regular, high-yield distributions.
Founded in 2016 and headquartered in Princeton, New Jersey, Essential Properties Realty Trust, Inc. has quickly established itself as a dynamic and forward-thinking player in the real estate market. The company's commitment to strategic growth, coupled with its focus on high-quality, single-tenant properties, underpins its reputation for reliability and excellence. Essential Properties continues to leverage its expertise to drive value and growth for its investors and stakeholders.