OUR PORTFOLIO

Our portfolio is diversified by tenant, property type, industry and geography, and has an average remaining lease term in excess of 10 years. Our portfolio’s highlights include credit quality of tenants, diversification, duration of leases and net lease structure.

TitleCategoryAddressDescription
AAA Bob Sumerel Milford, OH, USA
Aaron's Inc. Artesia, NM, United States
Aaron's Inc. Huntsville, AL, United States
Aaron's Inc. Anderson, SC, United States
Aaron's Inc. Snyder, TX, USA
ABRA Auto Body Bloomington, MN, USA
ABRA Auto Body Minneapolis, MN, USA
ABRA Auto Body Minneapolis, MN, USA
Academy Sports Jonesboro, AR, United States
Academy Sports Mt Juliet, TN, United States
Advance Auto Parts Garner, NC, United States
Advance Auto Parts Bloomington, IL, United States
AutoZone Aurora, IL, United States
Biolife Greenwood, IN, United States
Biolife Longmont, CO, United States
Biolife Riverton, UT, United States
Biolife American Fork, UT, United States
BJ's Tilton, NH, United States
Bridgestone Lisle, IL, United States
Caremark Mt Prospect, IL, United States
Cathedral Energy Oklahoma City, OK, United States
Cleveland Clinic Mentor, OH, United States
Continental Services Sterling Heights, MI, United States
Continental Services Van Buren, MI, United States
Dental Associates Waukesha, WI, USA
DMG Mori Seabrook, NH, USA
Dollar General Midway, GA, United States
Dollar General Charlotte, NC, United States
Dollar General Winter Haven, FL, United States
Dollar General Elizabeth City, NC, United States
Dollar General Eden, NC, United States
Dollar General Savannah, GA, United States
Dollar General Fort Braden, FL, United States
Dollar General Pensacola, FL, United States
Dollar General Middleburg, FL, United States
Dollar General Yulee, FL, United States
Domino's Odenton, MD, United States
Family Dollar Milledgeville, GA, United States
Family Dollar Memphis, TN, United States
Family Dollar Wichita, KS, United States
Family Dollar Wichita, KS, United States
Family Dollar Tyler, TX, United States
Family Dollar/Fresnius Memphis, TN, United States
FedEx Jackson, MI, United States
FedEx Ground Alamosa, CO, United States
Fresenius Lubbock, TX, United States
Fresenius Carbondale, IL, United States
Grease Monkey Nacogdoches, TX, USA
Grease Monkey Longview, TX, USA
Grease Monkey Jasper, TX, USA
Grease Monkey Tyler, TX, USA
Grease Monkey Lufkin, TX, USA
Grease Monkey Tyler, TX, USA
Grease Monkey Nacogdoches, TX, USA
Grease Monkey Lufkin, TX, USA
Grease Monkey Nacogdoches, TX, USA
Grease Monkey Lufkin, TX, USA
Grease Monkey Nacogdoches, TX, USA
Grease Monkey Lufkin, TX, USA
Grease Monkey Beaumont, TX, USA
Grease Monkey Woodville, TX, USA
Grease Monkey Tyler, TX, USA
Hartford Distributors Manchester, CT, United States
Horizon Healthcare Mt Laurel, NJ, United States
Illinois Tool Works St Charles, MO, United States
Mc Junkin Red Man Odessa, TX, United States
Monsanto Morton, IL, United States
Ochsner Clinic Baton Rouge, LA, United States
O'Charley's Burlington, NC, United States
O'Reilly Automotive Atmore, AL, United States
RMS Lebanon, IN, USA
Service King Chandler, AZ, USA
Sunbelt Rentals North Syracuse, NY, USA
Tractor Supply Brooksville, FL, United States
University of Iowa Iowa City, IA, United States
Vacant Land Mentor, OH, USA

Portfolio Overview

Properties: 76

Square Footage: 2.01 Million

Occupancy: 100%

Average Remaining Lease Term1: 10.7 years2

Investment Grade Tenancy3: 46%

Number of Tenants: 34

Number of States: 28

Number of Industries: 27

Average property age: 9 years4

Annualized Base Rent $21.4 million

Leverage: 42%

1 Weighted by ABR.

2 Excludes the company’s property in Lebanon, IN that is leased on a month-to-month basis. Though we consolidate this property in our financial statements in accordance with GAAP, we only own 10% therein through a joint venture. On a prorata basis, this property contributes less than 1% of our prorata share of rental revenue.

3 Tenant or lease guarantor has an investment grade credit rating from a major rating agency or has an obligation that has been so rated. An investment grade credit rating refers to a published long-term credit rating of Baa3/BBB– or above from one or both of Moody’s Investors Service, Inc. and Standard & Poor’s Ratings Services. This percentage is weighted by ABR.

4 Based on the later of year built or year of last renovation and weighted by ABR.

Note: Property type composition by Base Rent.

Portfolio data as of October 2018.

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