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Net Lease Brand Affiliation (1)

Brand No. of
Buildings
Square feet Investment Percent of Total
Investment
1. TravelCenters of America 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. Norms 10 63,490 53,673 1.1%
8. Express Oil Change 23 83,825 49,724 1.0%
9. AMC Theatres 5 251,166 57,247 1.1%
10. Pizza Hut 40 167,366 45,285 0.9%
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. Crème de la Crème 4 81,929 29,131 0.6%
16. Mister Car Wash 5 41,456 28,658 0.6%
17. Martin's 16 81,909 31,144 0.6%
18. B&B Theaters 4 261,300 37,619 0.7%
19. Popeye's 20 45,708 28,434 0.6%
20. Burger King 19 90,970 31,427 0.6%
21. Regal Cinemas 5 223,846 34,953 0.7%
22. Courthouse Athletic Club 4 193,659 39,688 0.8%
23. Arby's 19 57,868 29,234 0.6%
24. Church's Chicken 32 43,399 26,326 0.5%
25. Hardee's 15 49,958 24,919 0.5%
26. Other (2) 256 4,391,988 752,345 15.0%
Total 745 13,332,131 $5,051,372 100%

(1) As of September 30, 2024 (dollars in thousands).
(2) Consists of 112 distinct brands with an average investment of $2,939 per proerty and an average annual minimum rent of $189 per property.


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