Essential Properties Realty Trust: Still Buyable, But The 'Bargain' Window Has Closed

T TD i t F I P P 1 P T Klaus Vedfelt Introduction - EPRT, who are you? Essential Properties Realty Trust (NYSE:EPRT) operates within the e-commerce/recession-resilient, service-oriented property sector. The Company is not as popular as some of its peers, like Agree Realty (ADC), Realty Income (O) or NNN REIT (NNN). As of June 2024, EPRT had 2009 properties across 49 states, with 96.4% of its ABR generated through triple-net leases. For those unacquainted with the 'triple-net' lease term, it's a highly favou ...