Spirit Realty Capital (NYSE: SRC) is a real estate investment trust (REIT) that invests in single-tenant operationally essential real estate, which refers to generally free-standing, commercial real estate facilities where tenants conduct retail, service or distribution activities that are essential to the generation of their sales and profits. With investments throughout the United States, our diverse portfolio as of December 31, 2104 was comprised of 2,509 properties across 49 states with approximately 454 tenants operating in 27 different industries. As of December 31, 2014, Spirit Realty Capital had an estimated enterprise value of $9.1 billion with approximately $8 Billion of gross investments, including related lease intangibles . Founded in 2003, Spirit completed its initial public offering on September 20, 2012, and currently pays an annualized cash dividend of $0.68 per common share.
Geographic, Tenant & Industry Diversity
With investments throughout the United States, our portfolio of properties is leased to approximately 383 tenants operating in 18 different industries. Among those are restaurants; general, specialty and discount retailers; movie theatres; education facilities; health, fitness and recreational facilities; automotive dealers, parts and service facilities; and supermarkets.