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EX-99.1 - EX-99.1 - SPIRIT REALTY CAPITAL, INC.src-ex991_133.htm
8-K - 8-K - SPIRIT REALTY CAPITAL, INC.src-8k_20200319.htm

Slide 1

Addendum to Supplemental Financial & Operating Information FOURTH QUARTER ENDED December 31, 2019 Exhibit 99.2

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Portfolio Health This addendum should be read in conjunction with the Supplemental Financial & Operating Information for the fourth quarter ended December 31, 2019. Note: Investment Grade Ratings represent the credit rating of our tenants, their subsidiaries or affiliated companies. Actual ratings, if available, based on S&P or Moody’s are used. Equivalent ratings, if available, based on shadow ratings from Moody’s are used if actuals are not available. Publicly owned represents ownership of our tenants or their affiliated companies. Percents are weighted by Contractual Rent. 1: Represents corporate level tenant revenue; excludes non-reporting tenants. Actual Investment Grade Rated 23.5% 43.7% Actual & Equivalent Investment Grade Rated 51.1% Unit Reporting 93.7% Corporate Reporting Combined Unit Level and Corporate Coverage 2.8x Weighted Average Unit Level Coverage 2.6x Other 25.7% Publicly Owned 48.8% Private Equity Owned 25.5% % of Contractual Rent from Reporting Tenants

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Tenant diversification – top 100 This addendum should be read in conjunction with the Supplemental Financial & Operating Information for the fourth quarter ended December 31, 2019. Tenant Concept Number of Properties Percent of Contractual Rent 26 Goodrich Theaters 4 1.2 % 27 Tractor Supply 21 1.1 % 28 Regal Cinemas 8 1.1 % 29 Car Wash USA Express 24 1.1 % 30 Dollar General 56 1.1 % 31 FedEx 4 1.1 % 32 Camping World 8 1.1 % 33 Lowe's 6 1.0 % 34 Alaska Club 5 1.0 % 35 Red Lobster 24 1.0 % 36 Ryerson 9 0.9 % 37 Studio Movie Grill 4 0.9 % 38 Pep Boys 12 0.9 % 39 Specialists in Urology 9 0.9 % 40 AMC Theatres 4 0.9 % 41 Rite Aid 12 0.8 % 42 Crème de la Crème 5 0.8 % 43 Georgia Theatre 4 0.7 % 44 Smokey Bones Barbecue & Grill 13 0.7 % 45 Irving Oil Marketing, Inc. 37 0.7 % 46 CircusTrix 9 0.7 % 47 Smart & Final 3 0.7 % 48 Aaron's 25 0.7 % 49 South Carolina Oncology Associates 1 0.7 % 50 Residence Inn by Marriott 1 0.6 % Top 50 Tenants 1,093 65.3% Tenant Concept Number of Properties Percent of Contractual Rent 1 Church's Chicken 170 2.9 % 2 Walgreens 36 2.4 % 3 Home Depot 7 2.4 % 4 Circle K 77 2.4 % 5 GPM Investments, LLC 114 2.2 % 6 At Home 12 2.1 % 7 Dollar Tree / Family Dollar 106 2.1 % 8 CVS 34 2.0 % 9 Life Time Fitness 5 1.9 % 10 Party City 3 1.8 % 11 CarMax 7 1.7 % 12 Bank of America 2 1.7 % 13 BJ's Wholesale Club 5 1.6 % 14 LA Fitness 8 1.5 % 15 Kohl's 11 1.5 % 16 Ferguson Enterprises 7 1.4 % 17 United Supermarkets 15 1.4 % 18 Main Event 9 1.3 % 19 Applebee's 23 1.3 % 20 White Oak Station, LLC 41 1.3 % 21 Mister Car Wash 18 1.2 % 22 Sportsman's Warehouse 10 1.2 % 23 Emagine Theaters 9 1.2 % 24 Advance Auto Parts 54 1.2 % 25 IBM 2 1.2 %

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Tenant diversification – top 100 This addendum should be read in conjunction with the Supplemental Financial & Operating Information for the fourth quarter ended December 31, 2019. Tenant Concept Number of Properties Percent of Contractual Rent 76 Topgolf 1 0.4 % 77 Taco Bueno 27 0.4 % 78 PetSmart 3 0.4 % 79 Mountain Express Oil Company Southeast, LLC 13 0.4 % 80 Food City 3 0.4 % 81 KFC 15 0.4 % 82 GQT Riverview 14 GDX 1 0.3 % 83 Davis-Standard 2 0.3 % 84 Hardee's 17 0.3 % 85 Jordan Oil Company of the Carolinas, Inc 8 0.3 % 86 Sonny's BBQ 8 0.3 % 87 La-Z-Boy 3 0.3 % 88 Staples 6 0.3 % 89 Jo-Ann's 3 0.3 % 90 Missoula Fresh Market 2 0.3 % 91 Gold's Gym 2 0.3 % 92 Liberty Oilfield Services 2 0.3 % 93 Clean Freak 5 0.3 % 94 FHE 2 0.3 % 95 Golden Corral 4 0.3 % 96 Accel International 2 0.3 % 97 VASA Fitness 2 0.3 % 98 Taco Bell 8 0.3 % 99 In-Shape 2 0.3 % 100 Childtime 9 0.2 % Top 100 Tenants 1,417 85.4% Tenant Concept Number of Properties Percent of Contractual Rent 51 Supermesa Fuel & Merc, LLC 6 0.6 % 52 Defined Fitness 6 0.6 % 53 J. Jill 1 0.6 % 54 Zips Car Wash 13 0.6 % 55 Chuck-A-Rama and Grub Steak 13 0.6 % 56 Sam's Club 5 0.5 % 57 Office Depot 10 0.5 % 58 Dave & Buster's 3 0.5 % 59 Best Buy 4 0.5 % 60 Sunny Delight 1 0.5 % 61 Childcare Network 20 0.5 % 62 American Lubefast 29 0.5 % 63 Shooters World 2 0.5 % 64 Big Sandy Furniture 7 0.5 % 65 Universal Tax Systems 1 0.5 % 66 Southern Theatres 2 0.5 % 67 Curacao 1 0.4 % 68 Old Time Pottery 3 0.4 % 69 24 Hour Fitness 2 0.4 % 70 Malibu Boats 2 0.4 % 71 Exceptional Health 3 0.4 % 72 Raymour & Flanigan Furniture 2 0.4 % 73 Academy Sports + Outdoors 4 0.4 % 74 Crunch Fitness 4 0.4 % 75 LGP Realty Holdings LP 30 0.4 %