Essential Properties Realty Trust, Inc.: An Overview of a Growing Real Estate Investment Trust Essential Properties Realty Trust, Inc. (NYSE: EPRT), a Princeton, New Jersey based real estate company, is fast becoming a top-performing Real Estate Investment Trust (REIT). The company's core business is the acquisition, ownership, and management of single-tenant properties across the United States, which it subsequently leases to middle-market companies. These middle-market companies specialize in a range of sectors, including car washes, early childhood education, entertainment, grocery, healthcare, medical and dental services, and restaurants, among others. Essential Properties Realty Trust leases these properties on a long-term basis, providing tenants with a stable and predictable revenue stream. As of December 31, 2021, Essential Properties Realty Trust's portfolio included 1,451 properties, which have a total area of over 17 million square feet. This vast and diversified real estate portfolio has contributed to the company's robust performance in recent years. Essential Properties Realty Trust also qualifies as a real estate investment trust for federal income tax purposes. This means that the company generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. Founded in 2016, Essential Properties Realty Trust has grown rapidly in a short time, steadily expanding its property portfolio and demonstrating its ability to deliver strong returns for investors. With a strong balance sheet and an experienced management team, the company is well-positioned for continued growth in the years ahead.
Essential Properties Realty Trust's ticker is EPRT
The company's shares trade on the NYSE stock exchange
They are based in Princeton, New Jersey
There are 11-50 employees working at Essential Properties Realty Trust
It is essentialproperties.com
Essential Properties Realty Trust is in the Services sector
Essential Properties Realty Trust is in the REIT - Diversified industry
The following five companies are Essential Properties Realty Trust's industry peers: