Essential Properties Realty Trust (EPRT) Investor Presentation - Slideshow

Portfolio Highlights - The portfolio has a long weighted average lease term (WALT) of 146 years[3] - The unit-level rent coverage is 28x[3] - Approximately 96% of the portfolio's cash ABR is from service and experiential businesses[3] - The average investment per property is approximately $21 million[3] - Internally-originated sale-leasebacks account for 828% of the portfolio[3] Financial Performance and Stability - The company's net debt-to-adjusted annualized EBITDAre was 40x as of 3Q'2020[3] - The company had $188 million in available cash and $400 million of capacity on its unsecured credit facility at the end of 3Q'2020[5] - Approximately 91% of October ABR was collected, with 3% subject to recognized deferral agreements[5] Investment Strategy and Portfolio Composition - The company invested $149 million in 3Q'2020 and over $70 million to date in 4Q'2020[5] - The company completed $195 million of asset sales in 3Q'2020 and another $171 million closed in 4Q'2020[5] - The top 10 tenants represent 226% of the company's cash ABR[18]