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Net Lease Brand Affiliation (1)

Brand No. of
Buildings
Square feet Investment Percent of Total
Investment
1. TravelCenters of America Inc. 131 3,683,923 $2,254,950 44.6%
2. Petro Stopping Centers 44 1,367,802 1,015,156 20.1%
3. The Great Escape 14 542,666 98,242 1.9%
4. Life Time Fitness 3 420,335 92,617 1.8%
5. Buehler's Fresh Foods 5 502,727 76,469 1.5%
6. Heartland Dental 59 234,274 61,120 1.2%
7. Pizza Hut 44 175,316 51,312 1.0%
8. Express Oil Change 23 83,825 49,724 1.0%
9. AMC Theatres 5 251,166 57,385 1.1%
10. Norms 10 63,490 53,673 1.1%
11. Flying J Travel Plaza 3 48,069 41,681 0.8%
12. America's Auto Auction 6 72,338 38,314 0.8%
13. Fleet Farm 1 218,248 37,802 0.7%
14. Big Al's 2 111,912 35,214 0.7%
15. KinderCare 4 81,929 29,131 0.6%
16. Mister Car Wash 5 41,456 28,658 0.6%
17. B&B Theaters 4 261,300 37,619 0.7%
18. Martin's 16 81,909 32,017 0.6%
19. Popeye's 20 45,708 28,434 0.6%
20. Courthouse Athletic Club 4 193,659 39,688 0.8%
21. Burger King 17 55,127 29,204 0.6%
22. Church's Chicken 32 43,399 26,326 0.5%
23. Regal Cinemas 4 186,406 29,659 0.6%
24. United Supermarkets 6 236,178 26,121 0.5%
25. Hardee's 15 49,958 24,919 0.5%
26. Other (2) 275 4,132,833 760,180 15.1%
Total 752 13,185,953 $5,055,676 100%

(1) As of September 30, 2025 (dollars in thousands).
(2) Consists of 115 distinct brands with an average investment of $2,764 per property and an average annual minimum rent of $185 per property.


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