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, 2019 based on Annualized Rental Income (ARI) omitting Excluded Properties as defined in the Q4 2019 Supplemental.
3,858
Properties*
* as defined in the Q4 2019 Supplemental
Includes VEREIT's pro rata share of ARI and square feet of properties owned by unconsolidated joint ventures.
$14.8 Billion
Total Real Estate Investments
89.5 Million
Square Feet
Property Type
Tenant Diversity
619
Tenants
41
Industries
Investment-Grade Tenants
Top 10 Tenants
| Red Lobster | 4.7% |
| Dollar Tree / Family Dollar | 3.5% |
| Dollar General | 3.1% |
| Walgreens | 3.1% |
| CVS | 2.7% |
| FedEx | 2.6% |
| LA Fitness | 1.9% |
| BJ's Wholesale Club | 1.8% |
| Albertson's | 1.7% |
| PetSmart | 1.6% |
Occupancy
99.1%Occupancy |
8.3 YearsWeighted Average |
Geographic Diversity
49
States
plus Puerto Rico
As of December 31, 2019, VEREIT owned 3,858 consolidated operating properties and had interests in seven properties through unconsolidated joint ventures.