Corporate Profile
Corporate Profile
Our Five Core Competencies
Our Asset Class
Margins Of Safety
Distribution History
Dividends
Historic Dividend Tax Treatment
Organizational Actions
SEC Filings
Press Releases
Email Notification
Who
we are
Our Story
Executive Team
Acquisitions Team
STORE
Solutions
What
We Do
Master Funding Solutions
Growth Capital
Single Landlord
Remodel Capital
Tax Efficiency
Substitution Rights
Merger & Acquisition Capital
Recapitalization
Broker Solutions
Leasing Benefits Analysis
Real Estate Leasing Benefits Analysis
Opportunity Cost / Opportunity Value
Sale-Leaseback Tax Considerations
Customer Testimonials
FAQ
Corporate
Responsibility
STORE Capital 2022 Corporate Responsibility Report
Document Library
Store
Resources
The STORE Front Blog
Press Releases
LPGA Sponsorship
Join
Our Team
Career Opportunities
Employee Diversity, Equity and Inclusion
Get In
Touch
Who
we are
Our Story
Executive Team
Acquisitions Team
STORE
Solutions
What
We Do
Master Funding Solutions
Growth Capital
Single Landlord
Remodel Capital
Tax Efficiency
Substitution Rights
Merger & Acquisition Capital
Recapitalization
Broker Solutions
Leasing Benefits Analysis
Real Estate Leasing Benefits Analysis
Opportunity Cost / Opportunity Value
Sale-Leaseback Tax Considerations
Customer Testimonials
FAQ
Corporate
Responsibility
STORE Capital 2022 Corporate Responsibility Report
Document Library
Store
Resources
The STORE Front Blog
Press Releases
LPGA Sponsorship
Join
Our Team
Career Opportunities
Employee Diversity, Equity and Inclusion
Get In
Touch
Margins Of Safety
Margins of Safety
Expand All
Contract Quality
Master Leases 94% of the time
Investments average 79% of replacement cost
Investment yields above NAV auction yields
Portfolio metrics
as of 9/30/2022
Financial Strength
High contract lease escalations
AAA/A+ secured borrowing capability
Multiple investment-grade borrowing options; Baa2 by Moody’s, BBB by S&P and Fitch Ratings
Conservative leverage and flexible balance sheet
Portfolio Monitoring
Virtually all tenants provide financial statements
99% property-level financial statements
Every investment independently appraised
~15% annual physical portfolio inspection
Portfolio metrics
as of 9/30/22
Portfolio Characteristics
Unparalleled direct investment origination platform, with 96% of our contracts prepared by us and approximately 80% of our customer relationships directly solicited
3,035 profit-center properties leased to 579 tenants, across 49 states and 125 industries
A top exposure of less than 3% of rent and interest income, with top ten tenants at approximately 17.5%; 98% of our customers individually represent less than 1% of base rent and interest
Seasoned tenants - ~50% of customers have annual revenues over $200 million and the weighted average revenues of our customers is approximately $1.2 billion
Portfolio metrics
as of 9/30/22
Organizational Structure
Credit and closing silos
Management and Board Investment Committees