Company: FVR
Filing Date: 2025-03-20
Form Type: 10-K
Source: 0000950170-25-042774
Chunk: 14

Company: FrontView REIT, Inc.
Filing Date: 2025-03-20
Form: 10-K
Item: Item 1
Chunk 14
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BR) have renewal options. As of December 31, 2024, no more than 11.7% of our rental revenue was derived from leases that expire in any single year prior to 2030.

Substantially all of our leases are net, meaning our tenants are generally obligated to pay all expenses associated with the leased property (such as real estate taxes, insurance, maintenance, repairs and capital costs). As of December 31, 2024, the ABR weighted average remaining term of our leases was approximately 7.2 years, excluding renewal options. One lease representing approximately 0.2% of our ABR expired prior to December 31, 2024, but approximately 100% of such leases (based on ABR) have renewal options which they can exercise to extend their lease terms. As of December 31, 2024, approximately 3.9% of our rental revenue was derived from the properties in our portfolio that are subject to leases without at least one renewal option.

The following chart sets forth our annual lease expirations based upon the terms of our leases in place as of December 31, 2024 (percentages based on rental revenue):

7

The following table presents certain information as of December 31, 2024 based on lease expirations by year.

(in thousands, except for percentages)

    Year
     
    ABR

    % of ABR
     
    Square Feet

    % of Square Feet

    2024
     
    $
    159

    0.2%

    3

    0.1%

    2025

    1,631

    2.8%

    43

    1.8%

    2026

    3,198

    5.4%

    108

    4.5%

    2027

    6,875

    11.7%

    382

    16.0%

    2028

    4,587

    7.8%

    159

    6.6%

    2029

    6,048

    10.3%

    210

    8.7%

    2030

    5,885

    10.0%

    194

    8.1%

    2031

    4,729

    8.0