Essential Properties Realty Trust, Inc. has been given a Buy rating by UBS due to its strong position in the REIT sector.

The company is internally managed and focuses on owning and managing single-tenant properties leased long-term to businesses in service-oriented and experiential sectors.

Essential Properties Realty Trust has a diversified portfolio that includes industries such as car washes, restaurants, early childhood education, medical and dental services, convenience stores, automotive services, equipment rental, food, entertainment, industrial, and health and fitness.

The company's portfolio consists of approximately 1,873 net freehold rental properties, with an average lease term of 14 years and a rental coverage ratio of 3.8x.

Essential Properties Realty Trust leases to around 374 tenants operating 588 different concepts across 16 industries in 48 states, demonstrating its extensive reach and stability in the market.