EPRT
- Essential Properties Realty Trust, Inc.
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Overview
Company Summary
Essential Properties Realty Trust, Inc. (EPRT) is a real estate investment trust (REIT) that specializes in owning and managing single-tenant commercial properties across the United States. The company's primary focus is on properties that are essential to the operations of the tenants that occupy them.
EPRT acquires, owns, and leases a diverse portfolio of properties that are primarily net-leased, meaning the tenant is responsible for the majority of operating expenses, such as maintenance, taxes, and insurance. These properties typically include retail, industrial, and office buildings, along with healthcare facilities.
As a REIT, EPRT benefits from certain tax advantages, such as not being subject to corporate income taxes, as long as the majority of its income is distributed to shareholders in the form of dividends. This structure allows EPRT to attract investors seeking consistent income from real estate investments.
EPRT's strategy revolves around long-term leases with creditworthy tenants, providing stable cash flows to the company and its shareholders. They also aim to maintain a well-diversified portfolio of properties across different industries and regions to mitigate risk.
In summary, Essential Properties Realty Trust, Inc. is a REIT that specializes in owning and managing single-tenant commercial properties essential to the operations of its tenants. Their goal is to generate consistent income for investors through stable, long-term leases with creditworthy tenants.