High-Quality, Diverse Portfolio
VEREIT owns and manages a diverse portfolio of retail, restaurant, office and industrial real estate assets subject to long-term net leases with high credit quality tenants. We actively manage the portfolio considering several metrics including property type, concentration and key economic factors for appropriate balance and diversity.
Portfolio data as of December 31, 2018 based on Annualized Rental Income (ARI) omitting Excluded Properties as defined in the Q4 2018 Supplemental.
3,994
Properties*
* as defined in the Q4 2018 Supplemental
Does not include unconsolidated joint ventures
$14.0 Billion
Total Asset Book Value
95.0 Million
Square Feet
Property Type
Tenant Diversity
661
Tenants
42
Industries
Investment-Grade Tenants
Top 10 Tenants
| Red Lobster | 5.5% |
| Walgreens | 3.4% |
| Family Dollar | 3.3% |
| Dollar General | 3.0% |
| FedEx | 2.6% |
| CVS | 2.6% |
| BJ's Wholesale Club | 1.8% |
| L.A. Fitness | 1.7% |
| Albertson's | 1.7% |
| Petsmart | 1.6% |
Occupancy
98.8%Occupancy |
8.9 YearsWeighted Average |
Geographic Diversity
49
States
Plus Puerto Rico and Canada
As of December 31, 2018, VEREIT owned 3,994 operating properties and had interests in one property through unconsolidated joint ventures.