Essential Properties Realty Trust, Inc.

Internally managed REIT owning single-tenant net-leased service and experience properties

What Essential Properties Realty Trust does

Essential Properties buys standalone commercial buildings and rents each one to a single business on a long-term lease. Its tenants run service-oriented or experience-based businesses, the kind that need a physical location to serve customers. As of September 30, 2025, it owned 2,266 properties across 48 states, and 99.8% of them were leased.

How Essential Properties Realty Trust makes money

The company earns rental income from long-term net leases, under which tenants typically pay property expenses such as taxes, insurance and maintenance. It grows by acquiring more properties and leasing them out.

Products & services

• Single-tenant net lease properties
• Long-term net leases
• Freestanding properties for service-oriented businesses
• Freestanding properties for experience-based businesses