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 March 31, 2021 based on Annualized Rental Income (ARI) omitting Excluded Properties as defined in the Q1 2021 Supplemental.
3,855
Properties*
* as defined in the Q1 2021 Supplemental
Includes VEREIT's pro rata share of ARI and square feet of properties owned by unconsolidated joint ventures.
$14.5 Billion
Total Real Estate Investments
88.7 Million
Square Feet
Property Type
Tenant Diversity
635
Tenants
42
Industries
Investment-Grade Tenants
Top 10 Tenants
| Red Lobster | 4.9% |
| Dollar Tree / Family Dollar | 3.6% |
| Dollar General | 3.2% |
| Walgreens | 3.0% |
| CVS | 2.7% |
| FedEx | 2.6% |
| BJ's Wholesale Club | 1.9% |
| LA Fitness | 1.9% |
| Albertson's | 1.7% |
| Goodyear | 1.6% |
Occupancy
98.0%Occupancy |
8.4 YearsWeighted Average |
Geographic Diversity
49
States
plus Puerto Rico
As of March 31, 2021, VEREIT owned 3,855 consolidated operating properties and had interests in eleven properties through unconsolidated joint ventures.