Essential Properties Realty Trust Inc

Business Description

Essential Properties Realty Trust is a Princeton, New Jersey-based real estate investment trust founded in 2016 that owns and manages a large portfolio of single-tenant commercial properties across the United States. The company focuses on leasing these properties to mid-sized businesses operating in sectors such as restaurants, car washes, healthcare, childcare, and fitness under long-term lease agreements. By distributing at least 90% of its taxable income to shareholders, the company avoids federal corporate income tax, making it an income-focused investment vehicle.