Essential Properties Realty Trust Inc a real estate company acquires owns and manages singletenant properties in the United States The company leases its properties to middlemarket companies such as restaurants car washes automotive services medical and dental services convenience stores equipment rental entertainment early childhood education grocery and health and fitness on a longterm basis As of December 31 2021 it had a portfolio of 1 451 properties The company qualifies as a real estate investment trust for federal income tax purposes It generally would not be subject to federal corporate income taxes if it distributes at least 90 of its taxable income to its stockholders The company was founded in 2016 and is headquartered in Princeton New Jersey