Essential Properties Realty Trust, Inc. is an internally managed real estate investment trust (REIT) that UBS has given a Buy rating.

The company has a diverse portfolio of single-tenant properties, with a focus on long-term leases to businesses in service-oriented and experiential sectors such as car washes, restaurants, early childhood education, and medical services.

Essential Properties Realty Trust manages around 1,873 net freehold rental properties, with an average lease term of 14 years and a rental coverage ratio of 3.8x.

The portfolio is leased to approximately 374 tenants operating 588 distinct concepts across 16 industries in 48 states, demonstrating the company's broad market reach and commitment to diverse market segments.