Company: FVR
Filing Date: 2025-03-20
Form Type: 10-K
Source: 0000950170-25-042774
Chunk: 12

Company: FrontView REIT, Inc.
Filing Date: 2025-03-20
Form: 10-K
Item: Item 1
Chunk 12
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 brands and that have cross-diversification within each. We discuss below our portfolio diversification based on several different metrics and information provided as of December 31, 2024.

3

Diversification by Tenant Brand

We primarily seek tenants that operate service-oriented businesses, such as restaurants, cellular stores, financial institutions, automotive stores and dealers, medical and dental providers, pharmacies, convenience and gas stores, car washes, home improvement stores, grocery stores, professional services, fitness operators as well as general retail tenants. As of December 31, 2024, our properties were occupied by 320 tenants that operated 150 different brands, with no single tenant brand accounting for more than 2.9% of our ABR.

The following table sets forth information with respect to each of our top 20 tenant brands (based on ABR) as of December 31, 2024:

(in thousands, except for percentages and # of properties)

    Tenant Brand
     
    # of Properties(1)

    Square Feet

    ABR

    % of ABR
     
    % of Square Feet

    Fast Pace Urgent Care

    8

    29

    $
    1,723

    2.9%
     
    1.2%

    Verizon

    8

    35

    1,581

    2.7%
     
    1.5%

    Adams Auto Group

    3

    29

    1,412

    2.4%
     
    1.3%

    Oak Street Health

    5.5

    66

    1,314

    2.2%
     
    2.8%

    IHOP

    6

    33

    1,213

    2.1%
     
    1.4%

    Mammoth Car Wash

    6

    22

    1,205

    2.0%
     
    0.9%

    Raising Canes

    6

    21

    1,202

    2.0%
     
    0.9%

    Dollar Tree

    8

    95

    1,096

    1.9%
     
    4.0%

    CVS

    4

    42

    1,081