Real Estate
Essential Properties Realty Trust, Inc.
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About Essential Properties Realty Trust, Inc.
Essential Properties Realty Trust owns about 2,266 single-story buildings that it leases to small business operators, mostly restaurants, fitness studios, salons, and similar service businesses. The company collects rent from these tenants, who sign long-term leases that typically last around 14 years. The properties are spread across 48 states, and almost all of them are currently occupied and generating rent for the company.