Essential Properties Realty Trust Inc.

Essential Properties Realty Trust Inc. is a publicly traded net lease REIT headquartered in Pennsylvania, focused on acquiring and managing single-tenant commercial properties leased primarily through sale-leaseback transactions. The firm targets middle-market tenants in service-oriented and experience-based sectors such as car washes, education centers, medical clinics, quick-service restaurants, and convenience stores, which tend to be resistant to e-commerce disruption. Operating exclusively under a triple net lease structure, Essential Properties generates predictable cash flows by having tenants cover property taxes, insurance, and maintenance. Its portfolio is diversified across the United States with approximately $5 billion in assets under management. The firm's emphasis on speed and direct tenant relationships provides candidates potential exposure to underwriting, transaction execution, and portfolio management within a focused net lease environment. Essential Properties offers useful insights for candidates interested in net lease REITs and middle-market sale-leaseback transactions.