Essential Properties Realty Trust, Inc. (EPRT)

Essential Properties Realty Trust, Inc. is a real estate investment trust (REIT) that focuses on owning and managing single-tenant properties leased to middle-market companies operating in service-oriented and experience-based industries. Founded in 2018 and headquartered in Princeton, New Jersey, the company has strategically established a diversified portfolio of properties across the United States. By engaging in long-term, triple-net leases, Essential Properties aims to provide stable and predictable cash flows. Currently led by CEO Pete Mavoides, the company has effectively positioned itself to capitalize on the growing demand for experiential retail and service sectors. For the fiscal year 2022, Essential Properties reported a revenue of approximately $261 million, reflecting its robust growth and commitment to delivering value for investors. The REIT's pragmatic approach prioritizes tenant credit quality and lease term dynamics, ensuring sustainable revenue streams and reduced risk exposure for stakeholders.