Store Capital Corp.

Store Capital Corporation is a real estate investment trust (REIT) that specialises in acquiring, investing in, and managing single-tenant operational real estate in the US. The groundwork for the formation of Store Capital Corporation was laid in the 1980s and 1990s with sale-leaseback and hybrid mortgage products being made available to the restaurant industry through the Franchise Finance Corporation of America, and later Spirit Finance Corporation. In 2011, Store Capital Corporation was founded by the senior management team of Spirit Finance. Store Capital headquarters are located in Scottsdale, Arizona. Its portfolio includes over 2,800 properties across 49 states as of November 2021. The company concentrates its investments in the service sector, opting for real estate for businesses such as restaurants, movie theatres, health clinics, veterinary clinics, and fitness clubs. This sector has the benefit of being less likely to be disrupted by technological innovation, since the majority of services at these types of brick and mortar locations cannot be replaced with online servicing. Store Capital is a publicly listed company, using the ticker STOR on the NYSE. As of 2021, Store Capital’s new purchases averaged $100m per month. Follow the latest news about Store Capital Corp and track changes in STOR stock value with your eToro virtual portfolio.