Spirit Realty Capital Inc (NYSE:SRC)

Real Estate

Spirit Realty Capital Inc operates a premier net-lease real estate investment trust that focuses on leasing properties across the United States. Through sale-leaseback transactions, the company is engaged in owning and operating real estate properties.

The majority of its revenue comes in rental income and most of its portfolio consists of retail properties. Its portfolio includes 2,003 retail, industrial and other properties, covering a leasable area of 49.1 million square feet in 49 states and 35 industries (December 31, 2021).

The company invested in the following sectors as of December 31, 2021

• Health and fitness

• Convenience stores

• Movie theaters

• Car washes

• Drug stores/pharmacies

• Entertainment

• Dollar stores

• Home improvement

• Grocery

• Specialty retail

• Sporting goods

• Department stores

• Early education

• Home furnishings

The company’s headquarters is in Dallas, Texas. Spirit Realty Capital Inc trades on the New York Stock Exchange Market (NYSE), under the ticker symbol ‘SRC’.

It is partnering with businesses so that it can help them to expand, evolve and develop economic growth by providing the required capital. It is known as a self-administered and self-managed real estate investment trust associated with in-house capabilities such as real estate research, accounting functions, acquisition, credit research, portfolio management, legal, finance, and asset management.

By offering predictable earnings and dividend growth through diversified commercial real estate, the company is aiming to increase its value for shareholders. The company seeks to fulfill this goal by using its proprietary tools and underwriting expertise to invest in a portfolio of properties across the United States which includes free-standing, commercial real estate facilities.

Spirit focuses on generating risk-adjusted returns for stockholders. Through various methods, the company finances its investments and operations, including common and preferred stock issuances, available cash balances, debt securities issuances, and property operating revenue.

Contact Information

company address "2727 North Harwood Street Suite 300 Dallas, TX 75201"

company phone9 172 476 1900

company websitehttps://www.spiritrealty.com

Similar Companies