Real Estate and Accumulated Depreciation Schedule III

12 Months Ended

Dec. 31, 2025

SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation Disclosure [Abstract]

Real Estate and Accumulated Depreciation Schedule III

							Initial Costs				Changes Subsequent to Acquisition
Portfolio	City	U.S. State/Territory or Country	Acquisition Date	Encumbrances at December 31, 2025 (1)			Land		Building and Improvements		Land		Building and Improvements		Gross Amount at December 31, 2025 (2)(3)	Accumulated Depreciation (4)(5)
McDonald's Corporation	Carlisle	United Kingdom	Oct. 2012	$	—		$	432	$	819	$	—	$	—	1,251	$	270
Wickes	Blackpool	United Kingdom	May. 2013	—			1,817		1,815		—		—		3,632	842
Everything Everywhere	Merthyr Tydfil	United Kingdom	Jun. 2013	—			3,700		2,143		—		—		5,843	896
Thames Water	Swindon	United Kingdom	Jul. 2013	—			3,700		3,968		(891)		(2,194)		4,583	—
Wickes	Tunstall	United Kingdom	Jul. 2013	—			942		2,002		—		—		2,944	911
PPD Global Labs	Highland Heights	KY	Aug. 2013	—		(9)	2,001		5,162		—		—		7,163	1,931
Wickes	Clifton	United Kingdom	Nov. 2013	—			1,346		1,752		—		—		3,098	781
XPO Logistics Freight, Inc.	Aurora	NE	Nov. 2013	—		(10)	295		1,470		—		—		1,765	747
XPO Logistics Freight, Inc.	Grand Rapids	MI	Nov. 2013	—		(10)	945		1,247		—		—		2,192	633
XPO Logistics Freight, Inc.	Riverton	IL	Nov. 2013	—		(10)	344		707		—		39		1,090	368
XPO Logistics Freight, Inc.	Salina	KS	Nov. 2013	—		(10)	461		1,622		—		—		2,083	824
XPO Logistics Freight, Inc.	Uhrichsville	OH	Nov. 2013	—		(10)	380		780		—		48		1,208	398
XPO Logistics Freight, Inc.	Vincennes	IN	Nov. 2013	—		(10)	220		633		—		—		853	334
XPO Logistics Freight, Inc.	Waite Park	MN	Nov. 2013	—		(10)	366		700		—		—		1,066	357
Rheinmetall	Neuss	Germany	Jan. 2014	—			6,037		16,948		—		76		23,061	5,562
GE Aviation	Grand Rapids	MI	Jan. 2014	—		(7)	3,174		27,076		—		2,353		32,603	8,726
Crown Crest	Leicester	United Kingdom	Feb. 2014	—			7,733		31,934		—		—		39,667	11,051
Trane	Davenport	IA	Feb. 2014	—			291		1,968		—		—		2,259	762
Aviva	Sheffield	United Kingdom	Mar. 2014	—			2,923		33,129		—		—		36,052	10,317
DFS Trading	Brigg	United Kingdom	Mar. 2014	—			1,366		3,873		—		—		5,239	1,365
DFS Trading	Carcroft	United Kingdom	Mar. 2014	—			312		2,238		—		—		2,550	830
DFS Trading	Carcroft	United Kingdom	Mar. 2014	—			1,148		4,548		—		—		5,696	1,483
DFS Trading	Darley Dale	United Kingdom	Mar. 2014	—			1,344		3,449		—		—		4,793	1,241
DFS Trading	Somercotes	United Kingdom	Mar. 2014	—			790		2,819		—		—		3,609	1,194
Government Services Administration (GSA)	Franklin	TN	Mar. 2014	—			4,160		30,083		—		561		34,804	9,533
National Oilwell	Williston	ND	Mar. 2014	—			211		3,513		—		—		3,724	1,482
Government Services Administration (GSA)	Dover	DE	Apr. 2014	—			1,097		1,715		—		721		3,533	701
Government Services Administration (GSA)	Germantown	PA	Apr. 2014	—			1,097		3,573		—		22		4,692	1,127
OBI DIY	Mayen	Germany	Apr. 2014	—			1,316		7,852		—		200		9,368	2,818
DFS Trading	South Yorkshire	United Kingdom	Apr. 2014	—			—		1,407		—		—		1,407	664
DFS Trading	Yorkshire	United Kingdom	Apr. 2014	—			—		1,833		—		—		1,833	581
Government Services Administration (GSA)	Dallas	TX	Apr. 2014	—			484		2,934		—		—		3,418	918
Government Services Administration (GSA)	Mission	TX	Apr. 2014	—			618		3,145		—		208		3,971	1,060

						Initial Costs		Changes Subsequent to Acquisition
Portfolio	City	U.S. State/Territory or Country	Acquisition Date	Encumbrances at December 31, 2025 (1)		Land	Building and Improvements	Land	Building and Improvements	Gross Amount at December 31, 2025 (2)(3)	Accumulated Depreciation (4)(5)
Government Services Administration (GSA)	International Falls	MN	May. 2014	—	(7)	350	11,182	—	634	12,166	3,611
Indiana Department of Revenue	Indianapolis	IN	May. 2014	—		891	7,677	—	433	9,001	2,594
National Oilwell	Pleasanton	TX	May. 2014	—		202	1,643	—	—	1,845	654
Nissan	Murfreesboro	TN	May. 2014	—	(7)	966	19,573	—	—	20,539	5,945
Government Services Administration (GSA)	Lakewood	CO	Jun. 2014	—		1,220	7,928	—	686	9,834	2,542
Lippert Components	South Bend	IN	Jun. 2014	—	(7)	3,195	6,883	—	1,540	11,618	2,185
Axon Energy Products	Houston	TX	Jun. 2014	—		294	2,310	—	—	2,604	759
Axon Energy Products	Houston	TX	Jun. 2014	—		416	5,186	—	—	5,602	1,651
Bell Supply Co	Carrizo Springs	TX	Jun. 2014	—		260	1,445	—	—	1,705	546
Bell Supply Co	Cleburne	TX	Jun. 2014	—		301	323	—	—	624	136
Bell Supply Co	Frierson	LA	Jun. 2014	—		260	1,054	—	—	1,314	551
Bell Supply Co	Gainesville	TX	Jun. 2014	—		131	1,420	—	—	1,551	453
Bell Supply Co	Killdeer	ND	Jun. 2014	—		307	1,250	—	—	1,557	461
Bell Supply Co	Williston	ND	Jun. 2014	—		162	2,323	—	—	2,485	772
GE Oil & Gas	Canton	OH	Jun. 2014	—		437	3,039	—	300	3,776	1,144
GE Oil & Gas	Odessa	TX	Jun. 2014	—		1,611	3,322	—	—	4,933	1,973
Lhoist	Irving	TX	Jun. 2014	—		173	2,154	—	125	2,452	868
Select Energy Services	DeBerry	TX	Jun. 2014	—		533	7,551	—	—	8,084	3,820
Bell Supply Co	Jacksboro	TX	Jun. 2014	—		51	657	—	—	708	345
Bell Supply Co	Kenedy	TX	Jun. 2014	—		190	1,669	—	—	1,859	692
Select Energy Services	Alice	TX	Jun. 2014	—		518	1,331	—	—	1,849	474
Select Energy Services	Dilley	TX	Jun. 2014	—		429	1,777	—	—	2,206	746
Select Energy Services	Kenedy	TX	Jun. 2014	—		815	8,355	—	—	9,170	3,007
Superior Energy Services	Gainesville	TX	Jun. 2014	—		322	480	—	—	802	156
Superior Energy Services	Jacksboro	TX	Jun. 2014	—		408	312	—	—	720	139
Amcor Packaging	Workington	United Kingdom	Jun. 2014	—		1,171	6,905	—	—	8,076	2,566
Government Services Administration (GSA)	Raton	NM	Jun. 2014	—		93	875	—	90	1,058	297
FedEx	Amarillo	TX	Jul. 2014	—		889	6,446	—	—	7,335	2,411
FedEx	Chicopee	MA	Jul. 2014	—		1,030	7,022	—	2,104	10,156	4,178
FedEx	San Antonio	TX	Jul. 2014	—	(10)	3,283	17,756	—	598	21,637	5,639
Sandoz	Princeton	NJ	Jul. 2014	—	(7)	7,766	31,994	—	12,091	51,851	20,562
Wyndham	Branson	MO	Jul. 2014	—		881	3,307	—	—	4,188	1,087
Government Services Administration (GSA)	Fort Fairfield	ME	Jul. 2014	—		26	9,315	—	—	9,341	2,715

						Initial Costs		Changes Subsequent to Acquisition
Portfolio	City	U.S. State/Territory or Country	Acquisition Date	Encumbrances at December 31, 2025 (1)		Land	Building and Improvements	Land	Building and Improvements	Gross Amount at December 31, 2025 (2)(3)	Accumulated Depreciation (4)(5)
AT&T Services, Inc.	San Antonio	TX	Jul. 2014	—	(11)	5,312	41,201	—	—	46,513	11,879
PNC Bank	Erie	PA	Jul. 2014	—	(9)	242	6,195	—	—	6,437	1,824
Fujitsu Office Properties	Manchester	United Kingdom	Jul. 2014	—		3,800	41,133	—	6,086	51,019	12,579
BP Oil	Wootton Bassett	United Kingdom	Aug. 2014	—		616	2,664	—	—	3,280	845
HBOS	Derby	United Kingdom	Aug. 2014	—		618	6,230	(354)	(4,363)	2,131	76
HBOS	St. Helens	United Kingdom	Aug. 2014	—		234	3,530	(173)	(2,914)	677	—
HBOS	Warrington	United Kingdom	Aug. 2014	—		447	2,109	(231)	(1,451)	874	—
Malthurst	Shiptonthorpe	United Kingdom	Aug. 2014	—		284	2,016	—	—	2,300	704
Malthurst	Yorkshire	United Kingdom	Aug. 2014	—		503	1,320	—	—	1,823	603
Stanley Black & Decker	Westerville	OH	Aug. 2014	—		958	6,933	—	5,230	13,121	3,322
Capgemini	Birmingham	United Kingdom	Aug. 2014	—		1,675	15,880	—	5,159	22,714	6,242
Government Services Administration (GSA)	Rangeley	ME	Aug. 2014	—		1,377	4,746	—	1,104	7,227	1,835
Hewlett-Packard	Newcastle	United Kingdom	Sep. 2014	—		1,157	19,263	—	—	20,420	5,747
Intier Automotive	Redditch	United Kingdom	Sep. 2014	—		1,195	9,460	—	—	10,655	3,140
Waste Management	Winston-Salem	NC	Sep. 2014	—		494	3,235	—	—	3,729	987
Dollar General	Allen	OK	Sep. 2014	—	(12)	99	793	—	—	892	254
Dollar General	Cherokee	KS	Sep. 2014	—	(12)	27	769	—	—	796	249
Dollar General	Clearwater	KS	Sep. 2014	—	(12)	90	785	—	—	875	254
Dollar General	Dexter	NM	Sep. 2014	—	(12)	329	585	—	—	914	189
Dollar General	Elmore City	OK	Sep. 2014	—	(12)	21	742	—	—	763	243
Dollar General	Eunice	NM	Sep. 2014	—	(12)	269	569	—	—	838	186
Dollar General	Gore	OK	Sep. 2014	—	(12)	143	813	—	—	956	263
Dollar General	Kingston	OK	Sep. 2014	—	(12)	81	778	—	—	859	253
Dollar General	Lordsburg	NM	Sep. 2014	—	(12)	212	719	—	—	931	231
Dollar General	Lyons	KS	Sep. 2014	—	(12)	120	970	—	—	1,090	310
Dollar General	Mansfield	LA	Sep. 2014	—	(12)	169	812	—	—	981	261
Dollar General	Neligh	NE	Sep. 2014	—	(12)	83	1,045	—	—	1,128	326
Dollar General	Norman	OK	Sep. 2014	—	(12)	40	913	—	—	953	293
Dollar General	Peggs	OK	Sep. 2014	—	(12)	72	879	—	—	951	282
Dollar General	Santa Rosa	NM	Sep. 2014	—	(12)	324	575	—	—	899	186
Dollar General	Sapulpa	OK	Sep. 2014	—	(12)	143	745	—	—	888	246
Dollar General	Schuyler	NE	Sep. 2014	—	(12)	144	905	—	—	1,049	286
Dollar General	Tahlequah	OK	Sep. 2014	—	(12)	132	925	—	—	1,057	294
Dollar General	Townville	PA	Sep. 2014	—	(12)	78	882	—	—	960	299
Dollar General	Valley Falls	KS	Sep. 2014	—	(12)	51	922	—	—	973	288

						Initial Costs		Changes Subsequent to Acquisition
Portfolio	City	U.S. State/Territory or Country	Acquisition Date	Encumbrances at December 31, 2025 (1)		Land	Building and Improvements	Land	Building and Improvements	Gross Amount at December 31, 2025 (2)(3)	Accumulated Depreciation (4)(5)
Dollar General	Wymore	NE	Sep. 2014	—	(12)	21	872	—	—	893	277
FedEx	Bohemia	NY	Sep. 2014	—	(7)	4,838	19,596	—	1,605	26,039	6,552
FedEx	Watertown	NY	Sep. 2014	—		561	4,757	—	—	5,318	1,625
Shaw Aero	Naples	FL	Sep. 2014	—	(14)	998	22,332	—	900	24,230	6,760
Mallinckrodt	St. Louis	MO	Sep. 2014	—	(9)	1,499	16,828	—	—	18,327	4,976
Kuka Warehouse	Sterling Heights	MI	Sep. 2014	—	(14)	1,227	10,790	—	—	12,017	3,190
Trinity Health	Livonia	MI	Sep. 2014	—		4,273	16,574	—	11,721	32,568	8,607
FedEx	Hebron	KY	Sep. 2014	—		1,106	7,750	—	338	9,194	2,544
FedEx	Lexington	KY	Sep. 2014	—	(14)	1,118	7,961	—	—	9,079	2,454
DNV GL	Dublin	OH	Oct. 2014	—		2,509	3,140	—	746	6,395	1,136
Rexam	Reckinghausen	Germany	Oct. 2014	—		828	11,652	—	—	12,480	3,459
FedEx	Lake Charles	LA	Oct. 2014	—	(11)	255	7,485	—	572	8,312	2,803
Onguard	Havre De Grace	MD	Oct. 2014	—	(14)	2,216	6,585	—	1,624	10,425	3,164
Metro Tonic	Halle Peissen	Germany	Oct. 2014	—		7,135	49,983	—	3,748	60,866	16,457
Tokmanni	Matsala	Finland	Nov. 2014	—	(6)	1,849	55,956	—	—	57,805	17,336
Government Services Administration (GSA)	Rapid City	SD	Nov. 2014	—		504	7,837	—	—	8,341	2,368
KPN BV	Houten	Netherlands	Nov. 2014	—		1,655	20,249	—	—	21,904	5,740
Follett School	McHenry	IL	Dec. 2014	—	(14)	3,423	15,600	—	2,307	21,330	5,780
AM Castle	Wichita	KS	Dec. 2014	—	(14)	426	6,681	—	509	7,616	2,063
FedEx	Billerica	MA	Dec. 2014	—		1,138	6,674	—	1,024	8,836	2,644
Constellium Auto	Van Buren	MI	Dec. 2014	—	(7)	1,180	13,781	—	7,875	22,836	9,939
FedEx	Salina	UT	Mar. 2015	—		428	3,447	—	—	3,875	1,387
FedEx	Pierre	SD	Apr. 2015	—		—	3,288	—	—	3,288	1,273
Crowne Group	Logansport	IN	Aug. 2015	—		1,843	5,430	—	—	7,273	1,835
Crowne Group	Marion	SC	Aug. 2015	—		386	7,993	—	—	8,379	2,466
Mapes & Sprowl	Elk Grove Village	IL	Sep. 2015	—	(10)	954	4,619	—	—	5,573	1,301
National Oilwell	Pleasanton	TX	Sep. 2015	—		80	3,372	—	—	3,452	1,009
Office Depot	Venlo	Netherlands	Sep. 2015	—		3,661	16,192	—	—	19,853	5,026
Finnair	Helinski	Finland	Sep. 2015	—	(6)	2,642	75,285	—	—	77,927	20,970
Hannibal	Houston	TX	Sep. 2015	—	(14)	2,090	11,138	—	—	13,228	3,006
FedEx	Mankato	MN	Sep. 2015	—		472	6,780	—	—	7,252	2,347
Auchan	Beychac-et-Caillau	France	Dec. 2016	—		4,251	13,825	—	5,953	24,029	5,125
DCNS	Guipavas	France	Dec. 2016	—		1,984	15,049	—	65	17,098	3,751
Deutsche Bank	Kirchberg	Luxembourg	Dec. 2016	—		15,164	51,579	—	809	67,552	12,103
FedEx	Greensboro	NC	Dec. 2016	—		1,820	8,252	—	—	10,072	2,580

						Initial Costs		Changes Subsequent to Acquisition
Portfolio	City	U.S. State/Territory or Country	Acquisition Date	Encumbrances at December 31, 2025 (1)		Land	Building and Improvements	Land	Building and Improvements	Gross Amount at December 31, 2025 (2)(3)	Accumulated Depreciation (4)(5)
Harper Collins	Glasgow	United Kingdom	Dec. 2016	—		10,631	54,304	—	—	64,935	13,549
ID Logistics	Landersheim	France	Dec. 2016	—		2,023	8,502	—	43	10,568	2,092
ID Logistics	Moreuil	France	Dec. 2016	—		3,123	6,316	—	—	9,439	1,633
ID Logistics	Weilbach	Germany	Dec. 2016	—		1,398	9,239	—	—	10,637	2,170
ING Bank	Amsterdam Zuidoos	Netherlands	Dec. 2016	—		—	76,450	—	(32,440)	44,010	—
NCR Financial Solutions Group	Dundee	United Kingdom	Dec. 2016	—		2,705	8,653	—	—	11,358	2,425
Pole Emploi	Marseille	France	Dec. 2016	—		837	8,824	—	102	9,763	2,037
Cott Beverages	Sikeston	MO	Feb. 2017	—	(14)	456	8,291	—	147	8,894	1,979
FedEx	Great Falls	MT	Mar. 2017	—	(9)	326	5,439	—	—	5,765	1,726
FedEx	Morgantown	WV	Mar. 2017	—	(7)	4,661	8,401	—	—	13,062	2,105
Bridgestone Tire	Mt. Olive Twp	NJ	Sep. 2017	—	(8)	916	5,088	—	—	6,004	1,163
NSA Industries	St. Johnsbury	VT	Oct. 2017	—	(8)	210	1,753	—	—	1,963	419
NSA Industries	St. Johnsbury	VT	Oct. 2017	—	(8)	300	3,936	—	491	4,727	1,253
NSA Industries	St. Johnsbury	VT	Oct. 2017	—	(8)	270	3,858	—	—	4,128	937
GKN Aerospace	Blue Ash	OH	Oct. 2017	—	(8)	790	4,079	—	—	4,869	962
Tremec	Wixom	MI	Nov. 2017	—	(8)	1,002	17,376	—	—	18,378	4,117
NSA Industries	Groveton	NH	Dec. 2017	—	(8)	59	3,517	—	—	3,576	723
Cummins	Omaha	NE	Dec. 2017	—	(8)	1,448	6,469	—	—	7,917	1,620
Government Services Administration (GSA)	Gainsville	FL	Dec. 2017	—		451	6,016	—	522	6,989	1,281
Chemours	Pass Christian	MS	Feb. 2018	—	(10)	382	16,149	—	—	16,531	3,841
Lee Steel	Wyoming	MI	Mar. 2018	—		504	7,256	—	—	7,760	1,474
Fiat Chrysler	Sterling Heights	MI	Mar. 2018	—		1,855	13,623	—	—	15,478	3,180
FedEx	Blackfoot	ID	Jun. 2018	—	(10)	350	6,882	—	—	7,232	2,381
DuPont Pioneer	Spencer	IA	Jun. 2018	—		273	6,718	—	607	7,598	1,748
Rubbermaid	Akron	OH	Jul. 2018	—	(10)	1,221	17,145	—	—	18,366	3,268
NetScout	Allen	TX	Aug. 2018	—	(9)	2,115	41,486	—	—	43,601	7,809
Bush Industries	Jamestown	NY	Sep. 2018	—	(10)	1,535	14,818	—	—	16,353	2,904
FedEx	Greenville	NC	Sep. 2018	—	(10)	581	9,744	—	—	10,325	3,572
Penske	Romulus	MI	Nov. 2018	70,000		4,701	105,826	—	361	110,888	20,415
NSA Industries	Georgetown	MA	Nov. 2018	—		1,100	6,059	—	1,198	8,357	1,799
LKQ Corp.	Cullman	AL	Dec. 2018	—		61	3,781	—	—	3,842	759
Grupo Antolin North America, Inc.	Shelby Township	MI	Dec. 2018	—	(14)	1,941	41,648	—	—	43,589	8,074
Walgreens	Pittsburgh	PA	Dec. 2018	—	(14)	1,701	13,718	—	—	15,419	2,689
VersaFlex	Kansas City	KS	Dec. 2018	—	(14)	519	7,581	—	—	8,100	1,382
Cummins	Gillette	WY	Mar. 2019	—	(11)	1,197	5,470	—	805	7,472	1,322

						Initial Costs		Changes Subsequent to Acquisition
Portfolio	City	U.S. State/Territory or Country	Acquisition Date	Encumbrances at December 31, 2025 (1)		Land	Building and Improvements	Land	Building and Improvements	Gross Amount at December 31, 2025 (2)(3)	Accumulated Depreciation (4)(5)
Sierra Nevada Corp.	Colorado Springs	CO	Apr. 2019	—		—	16,105	—	—	16,105	2,951
EQT Corp.	Waynesburg	PA	Apr. 2019	—	(11)	875	11,126	—	—	12,001	2,195
Hanes	Calhoun	GA	Apr. 2019	—	(11)	731	8,104	—	—	8,835	1,711
Union Partners	Aurora	IL	May. 2019	—		929	11,621	—	—	12,550	2,065
Union Partners	Dearborn	MI	May. 2019	—	(11)	3,028	11,645	(1,217)	(5,973)	7,483	—
ComDoc	North Canton	OH	Jun. 2019	—	(11)	602	15,128	—	—	15,730	2,921
Metal Technologies	Bloomfield	IN	Jun. 2019	—	(11)	277	9,552	—	—	9,829	1,922
Encompass Health	Birmingham	AL	Jun. 2019	—	(11)	1,746	55,568	—	612	57,926	9,209
Heatcraft	Tifton	GA	Jun. 2019	—	(11)	346	9,064	—	—	9,410	1,500
CF Sauer SLB	Mauldin	SC	Aug. 2019	—	(14)	40	343	—	—	383	66
CF Sauer SLB	Mauldin	SC	Aug. 2019	—	(14)	232	15,488	—	—	15,720	2,657
CF Sauer SLB	Mauldin	SC	Aug. 2019	—	(14)	348	4,747	—	—	5,095	996
CF Sauer SLB	Mauldin	SC	Aug. 2019	—	(14)	190	9,488	—	—	9,678	1,624
CF Sauer SLB	Orlando	FL	Aug. 2019	—	(14)	237	351	—	—	588	80
CF Sauer SLB	San Luis Obispo	CA	Aug. 2019	—	(14)	2,201	12,884	—	—	15,085	2,295
SWECO	Florence	KY	Sep. 2019	—		2,080	21,924	—	—	24,004	4,239
Viavi Solutions	Santa Rosa	CA	Sep. 2019	—		3,061	5,929	—	2,358	11,348	1,922
Viavi Solutions	Santa Rosa	CA	Sep. 2019	—		3,073	7,130	—	2,171	12,374	2,081
Faurecia	Auburn Hills	MI	Dec. 2019	—		3,310	38,278	—	2,095	43,683	7,710
Plasma	Garland	TX	Dec. 2019	—		595	2,421	—	—	3,016	475
Plasma	El Paso	TX	Dec. 2019	—		72	2,478	—	—	2,550	380
Plasma	Hickory	NC	Dec. 2019	—		494	3,702	—	—	4,196	624
Plasma	Lake Charles	LA	Dec. 2019	—		301	1,730	—	—	2,031	309
Plasma	Mission	TX	Dec. 2019	—		275	1,735	—	—	2,010	297
Plasma	Meridian	MS	Dec. 2019	—		203	2,965	—	—	3,168	505
Plasma	Peoria	IL	Dec. 2019	—		206	2,578	—	—	2,784	417
Whirlpool	Cleveland	TN	Dec. 2019	—		2,230	20,923	—	—	23,153	3,739
Whirlpool	Clyde	OH	Dec. 2019	—		1,641	20,072	—	—	21,713	3,489
Whirlpool	Clyde	OH	Dec. 2019	—		3,559	17,283	—	—	20,842	3,523
Whirlpool	Findlay	OH	Dec. 2019	—		1,344	22,624	—	—	23,968	3,693
Whirlpool	Marion	OH	Dec. 2019	—		1,876	27,850	—	—	29,726	4,600
Whirlpool	Ottawa	OH	Dec. 2019	—		3,155	19,919	—	24,592	47,666	8,789
FedEx	Bathurst	Canada	Dec. 2019	—		37	2,094	—	—	2,131	503
FedEx	Woodstock	Canada	Dec. 2019	—		408	3,663	—	—	4,071	744
NSA Industries	Franklin	NH	Dec. 2019	—		237	7,968	(3)	6,006	14,208	2,381
Viavi	Santa Rosa	CA	Jan. 2020	—		3,209	4,203	—	1,482	8,894	1,388

						Initial Costs		Changes Subsequent to Acquisition
Portfolio	City	U.S. State/Territory or Country	Acquisition Date	Encumbrances at December 31, 2025 (1)		Land	Building and Improvements	Land	Building and Improvements	Gross Amount at December 31, 2025 (2)(3)	Accumulated Depreciation (4)(5)
CSTK	St. Louis	MO	Feb. 2020	—	(14)	3,405	8,155	—	(1,166)	10,394	1,237
Metal Technologies	Bloomfield	IN	Feb. 2020	—		167	1,034	—	—	1,201	209
Whirlpool	Fabriano	ITA	Feb. 2020	—		223	5,271	—	—	5,494	781
Whirlpool	Fabriano	ITA	Feb. 2020	—		2,603	15,067	—	—	17,670	2,439
FedEx	Moncton	Canada	Mar. 2020	—		288	2,873	—	—	3,161	535
Klaussner	Asheboro	NC	Mar. 2020	—		4,102	10,420	—	—	14,522	1,735
Plasma	Danville	VA	May. 2020	—		434	2,209	—	—	2,643	365
Plasma	Des Moines	IA	May. 2020	—		254	2,827	—	—	3,081	426
Plasma	Youngstown	OH	May. 2020	—		41	4,600	—	—	4,641	661
Plasma	Dayton	OH	May. 2020	—		61	1,796	—	—	1,857	267
Klaussner	Asheboro	NC	Jun. 2020	—		2,438	3,025	—	—	5,463	438
NSA Industries	Franklin	NH	Jun. 2020	—		161	2,857	—	—	3,018	506
Johnson Controls	Manchester	United Kingdom	Sep. 2020	—		—	10,651	—	—	10,651	1,500
Johnson Controls	Manchester	United Kingdom	Sep. 2020	—		—	1,491	—	—	1,491	250
Broadridge Financial Solutions	El Dorado Hills	CA	Nov. 2020	—		5,524	47,050	—	—	52,574	6,654
Broadridge Financial Solutions	Kansas City	MO	Nov. 2020	—		5,731	27,736	—	—	33,467	3,829
Broadridge Financial Solutions	South Windsor	CT	Nov. 2020	—		6,473	32,490	—	—	38,963	4,927
Broadridge Financial Solutions	Falconer	NY	Nov. 2020	—		355	16,492	—	—	16,847	2,224
ZF Active Safety	Findlay	OH	Dec. 2020	—	(14)	1,231	21,410	—	—	22,641	2,968
Johnson Controls	Montigny-Le-Bretonneux	France	Dec. 2020	—		1,146	3,016	—	—	4,162	402
FCA USA	Detroit	MI	Dec. 2020	—	(14)	5,125	95,485	973	564	102,147	12,884
Momentum Manufacturing Group	Amherst	NH	Apr. 2021	—		498	5,233	—	—	5,731	708
Cameron International	Pearsall	TX	Apr. 2021	—		298	6,356	—	—	6,654	974
Trafalgar Court	St. Peter Port	Channel Islands	Sep. 2021	—		12,098	57,790	—	1,450	71,338	6,367
Walmart Inc.	Bentonville	AR	Oct. 2021	—		4,358	33,231	—	—	37,589	3,941
Pilot Point Steel	Hallettsville	TX	Oct. 2021	—		386	3,085	—	—	3,471	531
Pilot Point Steel	Pilot Point	TX	Oct. 2021	—		854	7,184	—	—	8,038	966
Promess Incorporated	Brighton	MI	Dec. 2021	—		299	6,170	—	—	6,469	679
Promess Incorporated	Brighton	MI	Dec. 2021	—		278	1,824	—	—	2,102	225
Promess Incorporated	Brighton	MI	Dec. 2021	—		288	1,758	—	—	2,046	201
Thetford Corporation	Ann Arbor	MI	Dec. 2021	—		1,353	8,197	—	—	9,550	1,000
Thetford Corporation	Dexter	MI	Dec. 2021	—		3,307	10,248	—	—	13,555	1,227
Thetford Corporation	Mishawaka	IN	Dec. 2021	—		616	4,659	—	—	5,275	563
PFB America Corporation	Blissfield	MI	Dec. 2021	—		219	2,121	—	—	2,340	275
PFB America Corporation	Blissfield	MI	Dec. 2021	—		118	651	—	—	769	80
PFB America Corporation	Lebanon	OH	Dec. 2021	—		398	4,718	—	—	5,116	523

						Initial Costs		Changes Subsequent to Acquisition
Portfolio	City	U.S. State/Territory or Country	Acquisition Date	Encumbrances at December 31, 2025 (1)		Land	Building and Improvements	Land	Building and Improvements	Gross Amount at December 31, 2025 (2)(3)	Accumulated Depreciation (4)(5)
PFB America Corporation	Lester Prairie	MN	Dec. 2021	—		448	5,817	—	—	6,265	655
Plasti-Fab Ltd	Crossfield	Canada	Dec. 2021	—		839	5,404	—	—	6,243	618
Plasti-Fab Ltd	Crossfield	Canada	Dec. 2021	—		2,180	4,484	—	—	6,664	549
Plasti-Fab Ltd	Kitchener	Canada	Dec. 2021	—		3,025	7,010	—	—	10,035	744
Plasti-Fab Ltd	Winnipeg	Canada	Dec. 2021	—		1,006	330	—	—	1,336	46
Thetford Corporation	Etten-Leur	Netherlands	Dec. 2021	—		4,088	16,601	—	—	20,689	1,905
Executive Mailing Service	Palos Hills	IL	Apr. 2022	—		2,061	9,339	(566)	(2,992)	7,842	222
Caledonia House	Glasgow	United Kingdom	May. 2022	—		1,617	12,087	—	—	13,704	1,177
Momentum Manufacturing Group	Georgetown	MA	Jun. 2022	—		610	5,349	—	—	5,959	502
Wallgreens Boots Alliance Inc.	Coventry	United Kingdom	Jan. 2023	—		—	3,585	—	—	3,585	262
Wallgreens Boots Alliance Inc.	Stortford	United Kingdom	Jan. 2023	—		503	1,803	—	—	2,306	131
Wallgreens Boots Alliance Inc.	`	United Kingdom	Jan. 2023	—		876	2,998	—	—	3,874	219
Wallgreens Boots Alliance Inc.	Southhampton	United Kingdom	Jan. 2023	—		1,785	3,982	—	—	5,767	292
Wallgreens Boots Alliance Inc.	Poole	United Kingdom	Jan. 2023	—		—	4,761	—	—	4,761	348
Wallgreens Boots Alliance Inc.	Taunton	United Kingdom	Jan. 2023	—		535	3,601	—	—	4,136	264
Wallgreens Boots Alliance Inc.	Glouchester	United Kingdom	Jan. 2023	—		390	5,736	—	—	6,126	422
Wallgreens Boots Alliance Inc.	Tunbrdige Wells	United Kingdom	Jan. 2023	—		1,102	6,361	—	—	7,463	464
Dollar General I	Mission	TX	Sep. 2023	—		250	654	—	—	904	45
Dollar General I	Sullivan	MO	Sep. 2023	—		260	663	—	—	923	46
Walgreens I	Pine Bluff	AR	Sep. 2023	—	(12)	840	2,014	—	—	2,854	140
Dollar General II	Bogalusa	LA	Sep. 2023	—		280	688	—	—	968	48
Dollar General II	Donaldsonville	LA	Sep. 2023	—		260	614	—	—	874	43
AutoZone I	Cut Off	LA	Sep. 2023	—		330	858	—	—	1,188	59
Dollar General III	Athens	MI	Sep. 2023	—		250	654	—	—	904	45
Dollar General III	Fowler	MI	Sep. 2023	—		260	651	—	—	911	45
Dollar General III	Hudson	MI	Sep. 2023	—		270	671	—	—	941	47
Dollar General III	Muskegon	MI	Sep. 2023	—		290	620	—	—	910	43
Dollar General III	Reese	MI	Sep. 2023	—		260	650	—	—	910	45
BSFS I	Fort Myers	FL	Sep. 2023	—		800	2,255	—	—	3,055	154
Dollar General IV	Bainbridge	GA	Sep. 2023	—		250	559	—	—	809	40
Dollar General IV	Vanleer	TN	Sep. 2023	—		230	552	—	—	782	38
Tractor Supply I	Vernon	CT	Sep. 2023	—		950	3,016	—	—	3,966	207
Dollar General V	Meraux	LA	Sep. 2023	—		520	1,326	—	—	1,846	92
Mattress Firm I	Tallahassee	FL	Sep. 2023	—	(12)	510	1,355	—	—	1,865	94
Lowe's I	Fayetteville	NC	Sep. 2023	—		—	10,178	—	—	10,178	678
Lowe's I	Macon	GA	Sep. 2023	—		—	12,230	—	—	12,230	812
Lowe's I	New Bern	NC	Sep. 2023	—	(12)	3,050	6,794	—	—	9,844	486

						Initial Costs		Changes Subsequent to Acquisition
Portfolio	City	U.S. State/Territory or Country	Acquisition Date	Encumbrances at December 31, 2025 (1)		Land	Building and Improvements	Land	Building and Improvements	Gross Amount at December 31, 2025 (2)(3)	Accumulated Depreciation (4)(5)
Lowe's I	Rocky Mount	NC	Sep. 2023	—	(12)	3,260	7,390	—	—	10,650	525
O'Reilly Auto Parts I	Manitowoc	WI	Sep. 2023	—		220	631	—	—	851	46
Food Lion I	Charlotte	NC	Sep. 2023	—		1,660	5,890	—	—	7,550	413
Lowe's I	Aiken	SC	Sep. 2023	—		—	6,963	—	—	6,963	482
Dollar General VII	Gasburg	VA	Sep. 2023	—		270	717	—	—	987	50
Dollar General VI	Natalbany	LA	Sep. 2023	—		320	844	—	—	1,164	58
Walgreens II	Tucker	GA	Sep. 2023	—		—	3,963	—	—	3,963	260
Family Dollar III	Challis	ID	Sep. 2023	—		280	663	—	—	943	47
Chili's I	Lake Jackson	TX	Sep. 2023	—		600	1,586	—	—	2,186	109
Chili's I	Victoria	TX	Sep. 2023	—		680	1,703	—	—	2,383	118
CVS I	Anniston	AL	Sep. 2023	—		580	1,621	—	—	2,201	111
Tire Kingdom I	Lake Wales	FL	Sep. 2023	—		510	1,417	—	—	1,927	97
AutoZone II	Temple	GA	Sep. 2023	—		370	814	—	—	1,184	57
Dollar General VIII	Stanleytown	VA	Sep. 2023	—		300	833	—	—	1,133	58
Fresenius I	Montevallo	AL	Sep. 2023	—		580	1,425	—	—	2,005	99
Dollar General IX	Mabelvale	AR	Sep. 2023	—		200	519	—	—	719	36
Advance Auto I	Angola	IN	Sep. 2023	—		170	370	—	—	540	27
Arby's I	Hernando	MS	Sep. 2023	—		600	1,485	—	—	2,085	103
CVS II	Holyoke	MA	Sep. 2023	—		—	5,188	—	—	5,188	338
Walgreens III	Lansing	MI	Sep. 2023	—		1,070	2,917	—	—	3,987	201
Walgreens IV	Beaumont	TX	Sep. 2023	—		620	1,618	—	—	2,238	111
Dollar General X	Greenwell Springs	LA	Sep. 2023	—		250	793	—	—	1,043	55
Home Depot I	Birmingham	AL	Sep. 2023	—		9,800	27,391	—	—	37,191	2,047
Home Depot I	Valdosta	GA	Sep. 2023	—		9,250	24,191	—	—	33,441	1,820
New Breed Logistics I	Hanahan	SC	Sep. 2023	—		5,560	10,822	—	63	16,445	874
Truist Bank I	Atlanta	GA	Sep. 2023	—		420	1,128	—	—	1,548	78
Truist Bank I	Fort Pierce	FL	Sep. 2023	—		540	1,370	—	—	1,910	95
Truist Bank I	Nashville	TN	Sep. 2023	—		210	543	—	—	753	38
Truist Bank I	New Market	VA	Sep. 2023	—		320	830	—	—	1,150	57
Truist Bank I	New Smyrna Beach	FL	Sep. 2023	—		890	2,324	—	—	3,214	161
Truist Bank I	Oak Ridge	TN	Sep. 2023	—		430	1,172	—	—	1,602	81
Truist Bank I	Orlando	FL	Sep. 2023	—		590	1,603	—	—	2,193	111
Truist Bank I	Orlando	FL	Sep. 2023	—		890	2,324	—	—	3,214	161
Truist Bank I	Savannah	TN	Sep. 2023	—		380	1,033	—	—	1,413	71
Truist Bank I	Thomson	GA	Sep. 2023	—		360	953	—	—	1,313	66
Truist Bank I	Vinton	VA	Sep. 2023	—		120	324	—	—	444	22

						Initial Costs		Changes Subsequent to Acquisition
Portfolio	City	U.S. State/Territory or Country	Acquisition Date	Encumbrances at December 31, 2025 (1)		Land	Building and Improvements	Land	Building and Improvements	Gross Amount at December 31, 2025 (2)(3)	Accumulated Depreciation (4)(5)
Truist Bank I	Washington	DC	Sep. 2023	—		730	1,902	—	—	2,632	131
Truist Bank I	Waycross	GA	Sep. 2023	—		420	1,126	—	—	1,546	78
Truist Bank I	Waynesville	NC	Sep. 2023	—		260	702	—	—	962	48
Circle K I	Aledo	IL	Sep. 2023	—		450	1,475	—	—	1,925	101
Circle K I	Bedford	OH	Sep. 2023	—		310	950	—	—	1,260	65
Circle K I	Bloomington	IL	Sep. 2023	—		210	682	—	—	892	47
Circle K I	Bloomington	IL	Sep. 2023	—		190	627	—	—	817	43
Circle K I	Burlington	IA	Sep. 2023	—		160	517	—	—	677	35
Circle K I	Champaign	IL	Sep. 2023	—		195	635	—	—	830	43
Circle K I	Clinton	IA	Sep. 2023	—		240	765	—	—	1,005	52
Circle K I	Galesburg	IL	Sep. 2023	—		250	826	—	—	1,076	56
Circle K I	Jacksonville	IL	Sep. 2023	—		170	545	—	—	715	37
Circle K I	Jacksonville	IL	Sep. 2023	—		130	410	—	—	540	28
Circle K I	Lafayette	IN	Sep. 2023	—		250	784	—	—	1,034	54
Circle K I	Mattoon	IL	Sep. 2023	—		370	1,202	—	—	1,572	82
Circle K I	Morton	IL	Sep. 2023	—		180	611	—	—	791	42
Circle K I	Muscatine	IA	Sep. 2023	—		230	755	—	—	985	52
Circle K I	Paris	IL	Sep. 2023	—		260	845	—	—	1,105	58
Circle K I	Staunton	IL	Sep. 2023	—		510	1,593	—	—	2,103	109
Circle K I	Streetsboro	OH	Sep. 2023	—		240	730	—	—	970	50
Circle K I	Vandalia	IL	Sep. 2023	—		330	1,031	—	—	1,361	71
Circle K I	Virden	IL	Sep. 2023	—		340	1,024	—	—	1,364	70
Walgreens VI	Gillette	WY	Sep. 2023	—		920	2,336	—	—	3,256	161
Walgreens V	Oklahoma City	OK	Sep. 2023	—		1,120	3,162	—	—	4,282	217
FedEx Ground I	Watertown	SD	Sep. 2023	—		780	1,755	—	—	2,535	135
Krystal I	Chattanooga	TN	Sep. 2023	—	(12)	280	689	—	—	969	48
Krystal I	Cleveland	TN	Sep. 2023	—	(12)	380	1,084	—	—	1,464	75
Krystal I	Columbus	GA	Sep. 2023	—	(12)	400	1,009	—	—	1,409	70
Krystal I	Ft. Oglethorpe	GA	Sep. 2023	—	(12)	250	711	—	—	961	49
Krystal I	Jacksonville	FL	Sep. 2023	—	(12)	360	898	—	—	1,258	62
Walgreens VII	Alton	IL	Sep. 2023	—		1,150	2,980	—	—	4,130	206
Walgreens VII	Florissant	MO	Sep. 2023	—		460	1,239	—	—	1,699	85
Walgreens VII	Florissant	MO	Sep. 2023	—		470	1,255	—	—	1,725	87
Walgreens VII	Mahomet	IL	Sep. 2023	—		1,130	2,797	—	—	3,927	194
Walgreens VII	Monroe	MI	Sep. 2023	—		900	2,532	—	—	3,432	174
Walgreens VII	Springfield	IL	Sep. 2023	—		1,080	2,846	—	—	3,926	196

						Initial Costs		Changes Subsequent to Acquisition
Portfolio	City	U.S. State/Territory or Country	Acquisition Date	Encumbrances at December 31, 2025 (1)		Land	Building and Improvements	Land	Building and Improvements	Gross Amount at December 31, 2025 (2)(3)	Accumulated Depreciation (4)(5)
Walgreens VII	St Louis	MO	Sep. 2023	—		750	1,960	—	—	2,710	135
Walgreens VII	Washington	IL	Sep. 2023	—		930	2,514	—	—	3,444	173
Tractor Supply II	Houghton	MI	Sep. 2023	—		400	1,061	—	—	1,461	75
National Tire & Battery II	Mundelein	IL	Sep. 2023	—		—	3,549	—	—	3,549	232
Tractor Supply III	Harlan	KY	Sep. 2023	—		680	2,080	—	—	2,760	143
Mattress Firm II	Knoxville	TN	Sep. 2023	—		300	767	—	—	1,067	54
Dollar General XI	Greenville	MS	Sep. 2023	—		240	652	—	—	892	45
Talecris Plasma Resources I	Eagle Pass	TX	Sep. 2023	—		810	1,991	—	—	2,801	140
Dollar General XII	Le Center	MN	Sep. 2023	—		260	574	—	—	834	40
Advance Auto II	Bunnell	FL	Sep. 2023	—		380	956	—	—	1,336	67
Advance Auto II	Washington	GA	Sep. 2023	—		250	616	—	—	866	43
Dollar General XIII	Vidor	TX	Sep. 2023	—		230	521	—	—	751	37
FedEx Ground II	Leland	MS	Sep. 2023	—		1,170	2,660	—	—	3,830	206
Burger King I	Algonquin	IL	Sep. 2023	—	(12)	490	1,314	—	—	1,804	91
Burger King I	Antioch	IL	Sep. 2023	—	(12)	380	882	—	—	1,262	62
Burger King I	Celina	OH	Sep. 2023	—		360	890	—	—	1,250	63
Burger King I	Columbiana	OH	Sep. 2023	—		460	1,015	—	—	1,475	71
Burger King I	Fairborn	OH	Sep. 2023	—	(12)	440	1,148	—	—	1,588	80
Burger King I	Girard	OH	Sep. 2023	—		530	1,186	—	—	1,716	83
Burger King I	Grayslake	IL	Sep. 2023	—	(12)	340	797	—	—	1,137	56
Burger King I	Greenville	OH	Sep. 2023	—	(12)	400	1,001	—	—	1,401	70
Burger King I	Gurnee	IL	Sep. 2023	—	(12)	570	1,437	—	—	2,007	101
Burger King I	Madison	OH	Sep. 2023	—		95	—	—	—	95	—
Burger King I	McHenry	IL	Sep. 2023	—	(12)	330	870	—	—	1,200	60
Burger King I	North Fayette	PA	Sep. 2023	—		600	1,306	—	—	1,906	91
Burger King I	North Royalton	OH	Sep. 2023	—		440	1,235	—	—	1,675	100
Burger King I	Poland	OH	Sep. 2023	—		340	742	—	—	1,082	52
Burger King I	Ravenna	OH	Sep. 2023	—		500	1,084	—	—	1,584	76
Burger King I	Round Lake Beach	IL	Sep. 2023	—		730	1,770	—	—	2,500	124
Burger King I	Trotwood	OH	Sep. 2023	—		330	882	—	—	1,212	61
Burger King I	Twinsburg	OH	Sep. 2023	—		420	911	—	—	1,331	64
Burger King I	Waukegan	IL	Sep. 2023	—	(12)	380	926	—	—	1,306	65
Burger King I	Youngstown	OH	Sep. 2023	—		450	1,215	—	—	1,665	84
Burger King I	Youngstown	OH	Sep. 2023	—		570	1,220	—	—	1,790	86
Burger King I	Youngstown	OH	Sep. 2023	—		570	1,311	—	—	1,881	92
Dollar General XIV	Fort Smith	AR	Sep. 2023	—		300	781	—	—	1,081	54

						Initial Costs		Changes Subsequent to Acquisition
Portfolio	City	U.S. State/Territory or Country	Acquisition Date	Encumbrances at December 31, 2025 (1)		Land	Building and Improvements	Land	Building and Improvements	Gross Amount at December 31, 2025 (2)(3)	Accumulated Depreciation (4)(5)
Dollar General XIV	Hot Springs	AR	Sep. 2023	—		300	780	—	—	1,080	54
Dollar General XIV	Royal	AR	Sep. 2023	—		250	614	—	—	864	43
Dollar General XV	Wilson	NY	Sep. 2023	—		290	758	—	—	1,048	53
Mattress Firm I	McDonough	GA	Sep. 2023	—	(12)	390	1,013	—	—	1,403	70
Dollar General XVI	LaFollette	TN	Sep. 2023	—		220	571	—	—	791	39
Family Dollar V	Carrollton	MO	Sep. 2023	—		260	542	—	—	802	38
Family Dollar VI	Walden	CO	Sep. 2023	—		220	590	—	—	810	45
Mattress Firm III	Valdosta	GA	Sep. 2023	—		420	1,121	—	—	1,541	78
Arby's II	Virginia	MN	Sep. 2023	—		320	767	—	—	1,087	53
SAAB Sensis I	Syracuse	NY	Sep. 2023	—		2,970	6,874	—	—	9,844	524
Citizens Bank I	Doylestown	PA	Sep. 2023	—		520	1,332	—	—	1,852	92
Citizens Bank I	Lansdale	PA	Sep. 2023	—		420	1,006	—	—	1,426	70
Citizens Bank I	Lima	PA	Sep. 2023	—		710	1,791	—	—	2,501	124
Citizens Bank I	Philadelphia	PA	Sep. 2023	—		450	1,145	—	—	1,595	79
Citizens Bank I	Philadelphia	PA	Sep. 2023	—		660	1,603	—	—	2,263	110
Citizens Bank I	Philadelphia	PA	Sep. 2023	—		710	1,955	—	—	2,665	134
Citizens Bank I	Philadelphia	PA	Sep. 2023	—		630	1,954	—	—	2,584	133
Citizens Bank I	Richboro	PA	Sep. 2023	—		420	1,080	—	—	1,500	75
Citizens Bank I	Wayne	PA	Sep. 2023	—		1,030	2,920	—	—	3,950	199
Truist Bank II	Bushnell	FL	Sep. 2023	—		320	802	—	—	1,122	56
Truist Bank II	Chattanooga	TN	Sep. 2023	—		300	754	—	—	1,054	52
Truist Bank II	Douglasville	GA	Sep. 2023	—	(12)	400	1,029	—	—	1,429	71
Truist Bank II	Duluth	GA	Sep. 2023	—	(12)	800	1,930	—	—	2,730	134
Truist Bank II	East Ridge	TN	Sep. 2023	—		230	626	—	—	856	43
Truist Bank II	Mauldin	SC	Sep. 2023	—		310	891	—	—	1,201	61
Truist Bank II	Okeechobee	FL	Sep. 2023	—		460	1,274	—	—	1,734	88
Truist Bank II	Panama City	FL	Sep. 2023	—		450	1,243	—	—	1,693	86
Mattress Firm IV	Meridian	ID	Sep. 2023	—		500	1,323	—	—	1,823	91
Dollar General XII	Sunrise Beach	MO	Sep. 2023	—		260	646	—	—	906	45
FedEx Ground IV	Council Bluffs	IA	Sep. 2023	—		1,430	3,378	—	—	4,808	260
Mattress Firm V	Florence	AL	Sep. 2023	—	(12)	350	937	—	36	1,323	65
Mattress Firm I	Aiken	SC	Sep. 2023	—		390	1,031	—	—	1,421	71
Aaron's I	Erie	PA	Sep. 2023	—		240	570	—	—	810	39
AutoZone III	Caro	MI	Sep. 2023	—		280	648	—	—	928	46
Advance Auto III	Taunton	MA	Sep. 2023	—		390	991	—	—	1,381	69
Family Dollar VIII	Dexter	NM	Sep. 2023	—		300	732	—	—	1,032	51

						Initial Costs		Changes Subsequent to Acquisition
Portfolio	City	U.S. State/Territory or Country	Acquisition Date	Encumbrances at December 31, 2025 (1)		Land	Building and Improvements	Land	Building and Improvements	Gross Amount at December 31, 2025 (2)(3)	Accumulated Depreciation (4)(5)
Family Dollar VIII	Hale Center	TX	Sep. 2023	—		260	600	—	—	860	42
Family Dollar VIII	Plains	TX	Sep. 2023	—		280	652	—	—	932	46
Dollar General XVII	Tullos	LA	Sep. 2023	—		250	682	—	—	932	47
Truist Bank III	Athens	GA	Sep. 2023	—	(12)	300	784	—	—	1,084	54
Truist Bank III	Avondale	MD	Sep. 2023	—	(12)	550	1,490	—	—	2,040	103
Truist Bank IV	Chamblee	GA	Sep. 2023	—	(12)	490	1,276	—	—	1,766	88
Truist Bank III	Chattanooga	TN	Sep. 2023	—	(12)	400	951	—	—	1,351	66
First Horizon Bank	Collinsville	VA	Sep. 2023	—		179	509	—	—	688	35
Truist Bank IV	Columbus	GA	Sep. 2023	—	(12)	570	1,408	—	—	1,978	98
Truist Bank III	Conyers	GA	Sep. 2023	—	(12)	500	1,324	—	—	1,824	92
Truist Bank IV	Creedmoor	NC	Sep. 2023	—		100	296	—	—	396	20
Truist Bank III	Daytona Beach	FL	Sep. 2023	—		520	1,390	—	—	1,910	96
First Horizon Bank	Durham	NC	Sep. 2023	—	(12)	190	484	—	—	674	33
First Horizon Bank	Durham	NC	Sep. 2023	—	(12)	340	857	—	—	1,197	59
Truist Bank III	Gainesville	FL	Sep. 2023	—	(12)	400	1,081	—	—	1,481	75
Truist Bank III	Greenville	SC	Sep. 2023	—	(12)	220	621	—	—	841	43
Truist Bank III	Gulf Breeze	FL	Sep. 2023	—		430	1,180	—	—	1,610	81
Truist Bank III	Inverness	FL	Sep. 2023	—	(12)	520	1,484	—	—	2,004	102
Truist Bank III	Macon	GA	Sep. 2023	—		270	676	—	—	946	47
Truist Bank III	Mebane	NC	Sep. 2023	—	(12)	400	1,164	—	—	1,564	80
Truist Bank III	Melbourne	FL	Sep. 2023	—		580	1,511	—	—	2,091	105
Truist Bank III	Morristown	TN	Sep. 2023	—	(12)	150	364	—	—	514	25
Truist Bank III	Mount Dora	FL	Sep. 2023	—	(12)	570	1,570	—	—	2,140	109
Truist Bank III	Murfreesboro	TN	Sep. 2023	—	(12)	340	791	—	—	1,131	55
Truist Bank IV	Ocala	FL	Sep. 2023	—	(12)	620	1,493	—	—	2,113	104
Truist Bank III	Ocala	FL	Sep. 2023	—	(12)	400	1,006	—	—	1,406	70
First Horizon Bank	Onancock	VA	Sep. 2023	—	(12)	510	1,274	—	—	1,784	89
Truist Bank III	Orlando	FL	Sep. 2023	—	(12)	540	1,459	—	—	1,999	101
Truist Bank III	Ormond Beach	FL	Sep. 2023	—	(12)	680	1,706	—	—	2,386	118
Truist Bank III	Ormond Beach	FL	Sep. 2023	—	(12)	570	1,571	—	—	2,141	109
Truist Bank III	Ormond Beach	FL	Sep. 2023	—	(12)	510	1,322	—	—	1,832	92
First Horizon Bank	Pittsboro	NC	Sep. 2023	—	(12)	180	423	—	—	603	30
Truist Bank III	Pompano Beach	FL	Sep. 2023	—		700	1,816	—	—	2,516	126
Truist Bank IV	Prince Frederick	MD	Sep. 2023	—	(12)	670	1,853	—	—	2,523	128
Truist Bank III	Richmond	VA	Sep. 2023	—		2,386	4,614	—	—	7,000	388
Truist Bank III	Richmond	VA	Sep. 2023	—	(12)	160	400	—	—	560	28

						Initial Costs		Changes Subsequent to Acquisition
Portfolio	City	U.S. State/Territory or Country	Acquisition Date	Encumbrances at December 31, 2025 (1)		Land	Building and Improvements	Land	Building and Improvements	Gross Amount at December 31, 2025 (2)(3)	Accumulated Depreciation (4)(5)
Truist Bank III	Roanoke	VA	Sep. 2023	—	(12)	650	1,789	—	—	2,439	124
Truist Bank III	Savannah	GA	Sep. 2023	—	(12)	320	799	—	—	1,119	56
Truist Bank III	Signal Mountain	TN	Sep. 2023	—	(12)	220	579	—	—	799	40
Truist Bank III	Soddy Daisy	TN	Sep. 2023	—	(12)	240	605	—	—	845	42
Truist Bank IV	Spring Hill	FL	Sep. 2023	—	(12)	590	1,515	—	—	2,105	105
Truist Bank III	St. Petersburg	FL	Sep. 2023	—	(12)	510	1,322	—	—	1,832	92
Truist Bank III	Stockbridge	GA	Sep. 2023	—	(12)	390	1,002	—	—	1,392	70
Truist Bank III	Stone Mountain	GA	Sep. 2023	—	(12)	440	1,151	—	—	1,591	80
First Horizon Bank	Stuart	VA	Sep. 2023	—	(12)	430	1,209	—	—	1,639	84
Truist Bank III	Sylvester	GA	Sep. 2023	—		270	620	—	—	890	43
Truist Bank III	Union City	GA	Sep. 2023	—	(12)	220	575	—	—	795	40
First Horizon Bank	Winston-Salem	NC	Sep. 2023	—	(12)	250	693	—	—	943	48
First Horizon Bank	Yadkinville	NC	Sep. 2023	—	(12)	400	1,007	—	—	1,407	70
Dollar General XVIII	Deville	LA	Sep. 2023	—		250	645	—	—	895	45
Mattress Firm I	Holland	MI	Sep. 2023	—	(12)	400	1,035	—	—	1,435	72
Dollar General XVII	Hornbeck	LA	Sep. 2023	—		260	672	—	—	932	47
Family Dollar IX	Fannettsburg	PA	Sep. 2023	—		310	1,148	—	148	1,606	96
Mattress Firm I	Saginaw	MI	Sep. 2023	—	(12)	370	1,004	—	—	1,374	69
Bi-Lo I	Greenville	SC	Sep. 2023	—	(12)	810	2,082	—	—	2,892	156
Stop & Shop I	Cumberland	RI	Sep. 2023	—		3,900	13,402	—	—	17,302	914
Stop & Shop I	Sicklerville	NJ	Sep. 2023	—		3,010	9,891	—	—	12,901	675
Stop & Shop I	Southington	CT	Sep. 2023	—	(12)	3,550	12,896	—	—	16,446	877
Dollar General XVII	Forest Hill	LA	Sep. 2023	—		240	616	—	—	856	43
Dollar General XIX	Chelsea	OK	Sep. 2023	—		310	812	—	—	1,122	56
Dollar General XX	Brookhaven	MS	Sep. 2023	—		230	582	—	—	812	40
Dollar General XX	Columbus	MS	Sep. 2023	—		300	605	—	—	905	42
Dollar General XX	Forest	MS	Sep. 2023	—		250	685	—	—	935	47
Dollar General XX	Rolling Fork	MS	Sep. 2023	—		310	856	—	—	1,166	59
Dollar General XX	West Point	MS	Sep. 2023	—		260	611	—	—	871	43
Dollar General XXI	Huntington	WV	Sep. 2023	—		360	921	—	—	1,281	64
Dollar General XXII	Warren	IN	Sep. 2023	—		310	737	—	—	1,047	51
FedEx Ground V	Sioux City	IA	Sep. 2023	—		1,460	3,873	—	—	5,333	289
FedEx Ground VII	Eagle River	WI	Sep. 2023	—		1,660	4,277	—	—	5,937	320
FedEx Ground VI	Grand Forks	ND	Sep. 2023	—		2,340	6,146	—	—	8,486	461
FedEx Ground VIII	Mosinee	WI	Sep. 2023	—		2,230	5,942	—	—	8,172	444
Dollar General XXIII	Dewitt	NY	Sep. 2023	—	(13)	330	726	—	—	1,056	51

						Initial Costs		Changes Subsequent to Acquisition
Portfolio	City	U.S. State/Territory or Country	Acquisition Date	Encumbrances at December 31, 2025 (1)		Land	Building and Improvements	Land	Building and Improvements	Gross Amount at December 31, 2025 (2)(3)	Accumulated Depreciation (4)(5)
Dollar General XXIII	Farmington	NY	Sep. 2023	—	(13)	310	863	—	—	1,173	60
Dollar General XXIII	Geddes	NY	Sep. 2023	—	(13)	290	688	—	—	978	48
Dollar General XXIII	Otego	NY	Sep. 2023	—	(13)	320	784	—	—	1,104	55
Dollar General XXIII	Parish	NY	Sep. 2023	—	(13)	320	713	—	—	1,033	50
Dollar General XXIII	Utica	NY	Sep. 2023	—	(13)	310	741	—	—	1,051	52
Jo-Ann Fabrics I	Freeport	IL	Sep. 2023	—	(13)	510	1,287	—	—	1,797	89
FedEx Ground IX	Brainerd	MN	Sep. 2023	—	(13)	1,100	2,581	—	—	3,681	196
Chili's II	McHenry	IL	Sep. 2023	—	(13)	920	2,317	—	—	3,237	160
Dollar General XXIII	Kingston	NY	Sep. 2023	—	(13)	330	908	—	—	1,238	63
Sonic Drive In I	Robertsdale	AL	Sep. 2023	—	(13)	330	851	—	—	1,181	59
Sonic Drive In I	Tuscaloosa	AL	Sep. 2023	—	(13)	630	1,570	—	—	2,200	109
Bridgestone HOSEpower I	Columbia	SC	Sep. 2023	—	(13)	600	1,436	—	—	2,036	101
Bridgestone HOSEpower I	Elko	NV	Sep. 2023	—	(13)	540	1,290	—	—	1,830	90
Dollar General XXIII	Kerhonkson	NY	Sep. 2023	—	(13)	290	707	—	—	997	49
Bridgestone HOSEpower II	Jacksonville	FL	Sep. 2023	—	(13)	570	1,268	—	—	1,838	89
FedEx Ground X	Rolla	MO	Sep. 2023	—	(13)	2,420	5,900	—	—	8,320	450
Chili's III	Machesney Park	IL	Sep. 2023	—	(13)	1,110	2,853	—	—	3,963	197
FedEx Ground XI	Casper	WY	Sep. 2023	—	(13)	970	2,231	—	—	3,201	169
Tractor Supply IV	Flandreau	SD	Sep. 2023	—	(13)	370	1,005	—	—	1,375	70
Tractor Supply IV	Hazen	ND	Sep. 2023	—	(13)	470	1,399	—	—	1,869	96
Sonic Drive In II	Biloxi	MS	Sep. 2023	—	(12)	290	770	—	—	1,060	53
Sonic Drive In II	Collins	MS	Sep. 2023	—	(12)	360	940	—	—	1,300	65
Sonic Drive In II	Ellisville	MS	Sep. 2023	—	(12)	390	1,020	—	—	1,410	71
Sonic Drive In II	Gulfport	MS	Sep. 2023	—	(12)	320	754	—	—	1,074	53
Sonic Drive In II	Gulfport	MS	Sep. 2023	—	(12)	240	647	—	—	887	45
Sonic Drive In II	Gulfport	MS	Sep. 2023	—	(12)	280	734	—	—	1,014	51
Sonic Drive In II	Hattiesburg	MS	Sep. 2023	—	(12)	330	847	—	—	1,177	59
Sonic Drive In II	Lithia	FL	Sep. 2023	—	(12)	240	628	—	—	868	44
Sonic Drive In II	Long Beach	MS	Sep. 2023	—	(12)	310	783	—	—	1,093	54
Sonic Drive In II	Magee	MS	Sep. 2023	—	(12)	290	788	—	—	1,078	55
Sonic Drive In II	Petal	MS	Sep. 2023	—	(12)	350	845	—	—	1,195	59
Sonic Drive In II	Plant City	FL	Sep. 2023	—	(12)	230	586	—	—	816	41
Sonic Drive In II	Purvis	MS	Sep. 2023	—	(12)	300	760	—	—	1,060	53
Sonic Drive In II	Riverview	FL	Sep. 2023	—	(12)	220	584	—	—	804	41
Sonic Drive In II	Riverview	FL	Sep. 2023	—	(12)	330	782	—	—	1,112	55
Sonic Drive In II	Tylertown	MS	Sep. 2023	—	(12)	420	1,007	—	—	1,427	70

						Initial Costs		Changes Subsequent to Acquisition
Portfolio	City	U.S. State/Territory or Country	Acquisition Date	Encumbrances at December 31, 2025 (1)		Land	Building and Improvements	Land	Building and Improvements	Gross Amount at December 31, 2025 (2)(3)	Accumulated Depreciation (4)(5)
Sonic Drive In II	Wauchula	FL	Sep. 2023	—	(12)	160	413	—	—	573	29
Sonic Drive In II	Waveland	MS	Sep. 2023	—	(12)	270	681	—	—	951	47
Sonic Drive In II	Waynesboro	MS	Sep. 2023	—	(12)	210	526	—	—	736	37
Sonic Drive In II	Woodville	MS	Sep. 2023	—	(12)	380	1,004	—	—	1,384	70
Bridgestone HOSEpower III	Sulphur	LA	Sep. 2023	—	(13)	780	1,930	—	—	2,710	134
Sonny's BBQ I	Tallahassee	FL	Sep. 2023	—	(12)	610	1,719	—	—	2,329	118
Sonny's BBQ I	Tallahassee	FL	Sep. 2023	—	(12)	690	1,794	—	—	2,484	124
Sonny's BBQ I	Tallahassee	FL	Sep. 2023	—	(12)	850	2,247	—	—	3,097	155
Kum & Go I	Omaha	NE	Sep. 2023	—		650	1,640	—	—	2,290	114
DaVita I	Bolivar	TN	Sep. 2023	—	(12)	190	475	—	33	698	35
DaVita I	Brownviille	TN	Sep. 2023	—	(12)	340	813	—	—	1,153	56
Dialysis I	Grand Rapids	MI	Sep. 2023	—	(12)	560	1,342	—	—	1,902	94
Dialysis I	Michigan City	IN	Sep. 2023	—		570	1,458	—	—	2,028	101
Dialysis I	Benton Harbor	MI	Sep. 2023	—	(12)	430	1,160	—	—	1,590	82
Dialysis I	East Knoxville	TN	Sep. 2023	—	(12)	530	1,419	—	—	1,949	99
Taco John's	Chanute	KS	Sep. 2023	—	(12)	230	635	—	—	865	44
Taco John's	Carroll	IA	Sep. 2023	—	(12)	240	690	—	—	930	47
Taco John's	Cherokee	IA	Sep. 2023	—	(12)	160	433	—	—	593	30
Taco John's	Independence	MO	Sep. 2023	—	(12)	370	913	—	—	1,283	64
DaVita II	Houston	TX	Sep. 2023	—	(12)	600	1,537	—	—	2,137	106
Pizza Hut I	Columbus	OH	Sep. 2023	—	(12)	190	456	—	—	646	32
Pizza Hut I	Gastonia	NC	Sep. 2023	—	(12)	380	932	—	—	1,312	65
Little Caesars I	Burton	MI	Sep. 2023	—	(12)	440	1,098	—	—	1,538	76
Little Caesars I	Burton	MI	Sep. 2023	—	(12)	260	693	—	—	953	48
Little Caesars I	Durand	MI	Sep. 2023	—	(12)	160	386	—	—	546	27
Little Caesars I	Flint	MI	Sep. 2023	—	(12)	220	493	—	—	713	34
Little Caesars I	Flint	MI	Sep. 2023	—	(12)	230	603	—	—	833	42
Little Caesars I	Flint	MI	Sep. 2023	—	(12)	200	496	—	—	696	34
Little Caesars I	Flint	MI	Sep. 2023	—	(12)	230	538	—	—	768	37
Little Caesars I	Flint	MI	Sep. 2023	—	(12)	250	582	—	—	832	41
Little Caesars I	Flint	MI	Sep. 2023	—	(12)	260	559	—	—	819	39
Little Caesars I	Flint	MI	Sep. 2023	—	(12)	290	699	—	—	989	49
Little Caesars I	Swartz Creek	MI	Sep. 2023	—	(12)	210	493	—	—	703	34
Tractor Supply V	Americus	GA	Sep. 2023	—	(12)	700	2,071	—	—	2,771	143
Tractor Supply V	Cadiz	OH	Sep. 2023	—	(12)	600	1,863	—	—	2,463	129
Tractor Supply V	Catalina	AZ	Sep. 2023	—	(12)	970	2,958	—	—	3,928	204

						Initial Costs		Changes Subsequent to Acquisition
Portfolio	City	U.S. State/Territory or Country	Acquisition Date	Encumbrances at December 31, 2025 (1)		Land	Building and Improvements	Land	Building and Improvements	Gross Amount at December 31, 2025 (2)(3)	Accumulated Depreciation (4)(5)
Tractor Supply V	Sorocco	NM	Sep. 2023	—	(12)	680	2,098	—	—	2,778	145
Caliber Collision I	Fayetteville	NC	Sep. 2023	—		470	1,170	—	—	1,640	86
Caliber Collision I	Lutz	FL	Sep. 2023	—		1,390	3,496	—	—	4,886	244
Caliber Collision I	Nolansville	TX	Sep. 2023	—		390	993	—	—	1,383	69
Fresenius III	Cumming	GA	Sep. 2023	—	(12)	320	764	—	—	1,084	53
Fresenius III	Enterprise	AL	Sep. 2023	—	(12)	760	2,009	—	—	2,769	139
Pizza Hut II	Cherokee	OK	Sep. 2023	—	(12)	150	389	—	—	539	27
Pizza Hut II	Dillion	MT	Sep. 2023	—	(12)	230	560	—	—	790	39
Pizza Hut II	Hennessey	OK	Sep. 2023	—	(12)	200	571	—	—	771	39
Pizza Hut II	Hugoton	KS	Sep. 2023	—	(12)	270	719	—	—	989	50
Pizza Hut II	Liberal	KS	Sep. 2023	—	(12)	200	710	—	—	910	49
Pizza Hut II	Newcastle	WY	Sep. 2023	—	(12)	190	573	—	—	763	40
Pizza Hut II	Shattuck	OK	Sep. 2023	—	(12)	160	423	—	—	583	29
Pizza Hut II	Watonga	OK	Sep. 2023	—	(12)	300	693	—	—	993	48
Fresenius IV	Alexandria	LA	Sep. 2023	—	(12)	740	1,837	—	—	2,577	128
Tractor Supply V	New Cordell	OK	Sep. 2023	—	(12)	580	1,759	—	—	2,339	122
Pizza Hut III	Garden City	KS	Sep. 2023	—		210	514	—	—	724	36
Fresenius V	Brookhaven	MS	Sep. 2023	—		500	1,106	—	—	1,606	78
Fresenius V	Centreville	MS	Sep. 2023	—		190	458	—	57	705	34
Fresenius VI	Chicago	IL	Sep. 2023	—		430	1,048	—	—	1,478	73
Fresenius VII	Athens	TX	Sep. 2023	—		1,320	3,122	—	—	4,442	220
Fresenius VII	Idabel	OK	Sep. 2023	—		610	1,734	—	73	2,417	126
Fresenius VII	Tyler	TX	Sep. 2023	—		490	1,191	—	—	1,681	86
Caliber Collision II	Pueblo	CO	Sep. 2023	—		680	1,747	—	—	2,427	122
Dollar General XXV	Brownsville	KY	Sep. 2023	—		270	662	—	—	932	46
Dollar General XXV	Custer	KY	Sep. 2023	—		200	522	—	—	722	36
Dollar General XXV	Elkton	KY	Sep. 2023	—		260	448	—	—	708	32
Dollar General XXV	Falls of Rough	KY	Sep. 2023	—		230	484	—	—	714	34
Dollar General XXV	Sedalia	KY	Sep. 2023	—		220	551	—	—	771	38
Dollar General XXIV	Clarksville	IA	Sep. 2023	—		290	733	—	—	1,023	51
Dollar General XXIV	Lincoln	MI	Sep. 2023	—		310	797	—	—	1,107	55
Dollar General XXIV	Tabor	IA	Sep. 2023	—	(12)	310	702	—	—	1,012	49
Dollar General XXIV	Assumption	IL	Sep. 2023	—	(12)	300	721	—	—	1,021	50
Dollar General XXIV	Curtis	MI	Sep. 2023	—		300	732	—	—	1,032	51
Dollar General XXIV	Harrisville	MI	Sep. 2023	—	(12)	340	838	—	—	1,178	58
Dollar General XXIV	Mora	MN	Sep. 2023	—	(12)	340	826	—	—	1,166	57

						Initial Costs		Changes Subsequent to Acquisition
Portfolio	City	U.S. State/Territory or Country	Acquisition Date	Encumbrances at December 31, 2025 (1)		Land	Building and Improvements	Land	Building and Improvements	Gross Amount at December 31, 2025 (2)(3)	Accumulated Depreciation (4)(5)
Dollar General XXIV	Washburn	IL	Sep. 2023	—	(12)	290	678	—	—	968	48
DaVita III	El Paso	TX	Sep. 2023	—		760	1,816	—	—	2,576	127
Dialysis II	Baltimore	MD	Sep. 2023	—		440	962	—	—	1,402	68
Dialysis II	Brunswick	OH	Sep. 2023	—		720	1,847	—	15	2,582	129
Dialysis II	Burgaw	NC	Sep. 2023	—		350	863	—	—	1,213	60
Dialysis II	Detroit	MI	Sep. 2023	—		630	1,580	—	—	2,210	111
Dialysis II	Elizabethtown	NC	Sep. 2023	—		540	1,396	—	—	1,936	97
Dialysis II	Goose Creek	SC	Sep. 2023	—		510	1,305	—	9	1,824	91
Dialysis II	Jackson	TN	Sep. 2023	—		340	814	—	—	1,154	57
Dialysis II	Kyle	TX	Sep. 2023	—		690	1,630	—	—	2,320	114
Dialysis II	Las Vegas	NV	Sep. 2023	—		1,230	3,227	—	—	4,457	223
Dialysis II	Lexington	TN	Sep. 2023	—		320	795	—	—	1,115	55
Dialysis II	Merrillville	IN	Sep. 2023	—		480	1,120	—	—	1,600	79
Dialysis II	New Orleans	LA	Sep. 2023	—		490	1,122	—	—	1,612	79
Dialysis II	North Charleston	SC	Sep. 2023	—		510	1,323	—	—	1,833	92
Dialysis II	Parma	OH	Sep. 2023	—		400	1,013	—	20	1,433	87
Dialysis II	Rocky River	OH	Sep. 2023	—		570	1,476	—	66	2,112	105
Dialysis II	Seguin	TX	Sep. 2023	—		490	1,273	—	—	1,763	88
Dialysis II	Shallotte	NC	Sep. 2023	—		350	870	—	—	1,220	61
Dialysis II	Spartanburg	SC	Sep. 2023	—		380	843	—	—	1,223	59
Dialysis II	Albuquerque	NM	Sep. 2023	—		730	1,481	—	22	2,233	98
Dialysis II	Anchorage	AK	Sep. 2023	—		1,130	2,851	—	—	3,981	198
Dialysis II	Anniston	AL	Sep. 2023	—		940	2,172	—	—	3,112	149
Dialysis II	Durham	NC	Sep. 2023	—		570	1,517	—	—	2,087	105
Dialysis II	Etters	PA	Sep. 2023	—		900	2,237	—	—	3,137	156
Dialysis II	Hopkinsville	KY	Sep. 2023	—		740	1,802	—	—	2,542	126
Dialysis II	Mentor	OH	Sep. 2023	—		490	1,098	—	—	1,588	77
Dialysis II	Radcliff	KY	Sep. 2023	—		680	1,693	—	—	2,373	118
Dialysis II	River Forest	IL	Sep. 2023	—		1,120	2,824	—	54	3,998	197
Dialysis II	Roanoke	VA	Sep. 2023	—		610	1,454	—	35	2,099	102
Dialysis II	Salem	VA	Sep. 2023	—		570	1,375	—	12	1,957	96
Dialysis II	Sarasota	FL	Sep. 2023	—		680	1,646	—	84	2,410	118
Dialysis II	Summerville	SC	Sep. 2023	—		550	1,353	—	—	1,903	95
Dialysis II	Anderson	IN	Sep. 2023	—		460	1,167	—	—	1,627	81
Dollar General XXIV	Potomac	IL	Sep. 2023	—	(12)	310	765	—	—	1,075	53
Advance Auto IV	Burlington	WI	Sep. 2023	—		320	815	—	—	1,135	57

						Initial Costs		Changes Subsequent to Acquisition
Portfolio	City	U.S. State/Territory or Country	Acquisition Date	Encumbrances at December 31, 2025 (1)		Land	Building and Improvements	Land	Building and Improvements	Gross Amount at December 31, 2025 (2)(3)	Accumulated Depreciation (4)(5)
Advance Auto IV	Greenville	OH	Sep. 2023	—		160	395	—	—	555	28
Advance Auto IV	Huntingdon	PA	Sep. 2023	—		180	438	—	—	618	31
Advance Auto IV	Marshfield	WI	Sep. 2023	—		300	762	—	—	1,062	53
Advance Auto IV	Piqua	OH	Sep. 2023	—		180	427	—	—	607	30
Advance Auto IV	Selma	AL	Sep. 2023	—		180	389	—	—	569	28
Advance Auto IV	Waynesboro	PA	Sep. 2023	—		240	551	—	—	791	39
Advance Auto IV	Waynesburg	PA	Sep. 2023	—		210	508	—	—	718	36
Advance Auto V	Cedar Grove	WV	Sep. 2023	—		200	529	—	—	729	37
Advance Auto V	Danville	WV	Sep. 2023	—		190	467	—	—	657	33
Advance Auto V	Greenup	KY	Sep. 2023	—		170	487	—	—	657	38
Advance Auto V	Hamlin	WV	Sep. 2023	—		190	452	—	—	642	32
Advance Auto V	Milton	WV	Sep. 2023	—		190	515	—	—	705	35
Advance Auto V	Moundsville	WV	Sep. 2023	—		430	1,114	—	—	1,544	76
Advance Auto V	Point Pleasant	WV	Sep. 2023	—		190	512	—	—	702	35
Advance Auto V	Sissonville	WV	Sep. 2023	—		270	653	—	—	923	46
Advance Auto V	South Williamson	KY	Sep. 2023	—		240	722	—	—	962	56
Advance Auto V	Wellsburg	WV	Sep. 2023	—		160	419	—	—	579	29
Advance Auto V	West Charleston	WV	Sep. 2023	—		220	569	—	—	789	39
Advance Auto IV	Menomonie	WI	Sep. 2023	—		250	627	—	—	877	44
Advance Auto IV	Montgomery	AL	Sep. 2023	—		220	480	—	—	700	34
Advance Auto IV	Springfield	OH	Sep. 2023	—		180	427	—	—	607	30
Dollar General XXVI	Brooks	GA	Sep. 2023	—	(12)	270	692	—	—	962	48
Dollar General XXVI	Daleville	AL	Sep. 2023	—	(12)	230	534	—	—	764	37
Dollar General XXVI	East Brewton	AL	Sep. 2023	—	(12)	240	576	—	—	816	40
Dollar General XXVI	LaGrange	GA	Sep. 2023	—	(12)	270	740	—	—	1,010	51
Dollar General XXVI	LaGrange	GA	Sep. 2023	—	(12)	320	801	—	—	1,121	56
Dollar General XXVI	Madisonville	TN	Sep. 2023	—	(12)	310	831	—	—	1,141	57
Dollar General XXVI	Maryville	TN	Sep. 2023	—	(12)	270	750	—	—	1,020	52
Dollar General XXVI	Mobile	AL	Sep. 2023	—	(12)	290	691	—	—	981	48
Dollar General XXVI	Newport	TN	Sep. 2023	—	(12)	270	673	—	—	943	47
Dollar General XXVI	Robertsdale	AL	Sep. 2023	—	(12)	390	975	—	—	1,365	68
Dollar General XXVI	Valley	AL	Sep. 2023	—	(12)	260	591	—	—	851	41
Dollar General XXVI	Wetumpka	AL	Sep. 2023	—	(12)	320	811	—	—	1,131	56
Pizza Hut IV	Harrisburg	IL	Sep. 2023	—	(12)	130	300	—	—	430	21
Advance Auto IV	Oconomowoc	WI	Sep. 2023	—		310	776	—	—	1,086	54
Pizza Hut IV	Sylva	NC	Sep. 2023	—	(12)	160	380	(61)	(380)	99	—

						Initial Costs		Changes Subsequent to Acquisition
Portfolio	City	U.S. State/Territory or Country	Acquisition Date	Encumbrances at December 31, 2025 (1)		Land	Building and Improvements	Land	Building and Improvements	Gross Amount at December 31, 2025 (2)(3)	Accumulated Depreciation (4)(5)
DaVita III	Humble	TX	Sep. 2023	—		520	1,255	—	—	1,775	88
American Car Center I	Charleston	SC	Sep. 2023	—	(12)	280	685	—	—	965	48
BJ's	Middleburg Height	OH	Sep. 2023	—	(12)	2,270	6,428	—	—	8,698	659
Mammoth	Austell	GA	Sep. 2023	—	(12)	700	1,896	—	—	2,596	131
Mammoth	Dalton	GA	Sep. 2023	—	(12)	840	2,248	—	—	3,088	155
Mammoth	Mobile	AL	Sep. 2023	—	(12)	600	1,606	—	—	2,206	111
Mammoth	Murray	KY	Sep. 2023	—	(12)	1,030	2,753	—	—	3,783	190
Mammoth	Paducah	KY	Sep. 2023	—	(12)	630	1,663	—	—	2,293	115
Mammoth	Paducah	KY	Sep. 2023	—	(12)	260	656	—	—	916	46
Mammoth	Springville	UT	Sep. 2023	—	(12)	1,080	2,748	—	—	3,828	191
Mammoth	Stockbridge	GA	Sep. 2023	—	(12)	720	1,978	—	—	2,698	136
Mammoth	Suwanee	GA	Sep. 2023	—	(12)	1,040	2,820	—	—	3,860	194
Mammoth	Spanish Fork	UT	Sep. 2023	—	(12)	1,650	4,387	—	—	6,037	303
Mammoth	Lawrenceville	GA	Sep. 2023	—	(12)	890	2,380	—	—	3,270	164
DaVita IV	Flint	MI	Sep. 2023	—		360	809	—	—	1,169	57
GPM	Niles	MI	Sep. 2023	—	(12)	220	586	—	—	806	40
GPM	Allendale	MI	Sep. 2023	—	(12)	530	1,377	—	—	1,907	95
GPM	Alma	MI	Sep. 2023	—	(12)	270	716	—	—	986	50
GPM	Bay City	MI	Sep. 2023	—	(12)	270	701	(1)	—	970	49
GPM	Big Rapids	MI	Sep. 2023	—	(12)	370	990	—	—	1,360	68
GPM	Big Rapids	MI	Sep. 2023	—	(12)	280	730	—	—	1,010	51
GPM	Caro	MI	Sep. 2023	—	(12)	200	450	—	—	650	32
GPM	Chesaning	MI	Sep. 2023	—	(12)	380	1,039	—	—	1,419	72
GPM	Coopersville	MI	Sep. 2023	—	(12)	170	310	—	—	480	23
GPM	East Lansing	MI	Sep. 2023	—	(12)	250	678	—	—	928	47
GPM	Escanaba	MI	Sep. 2023	—	(12)	600	1,625	—	—	2,225	112
GPM	Essexville	MI	Sep. 2023	—	(12)	80	203	—	—	283	14
GPM	Flint	MI	Sep. 2023	—	(12)	240	549	—	—	789	39
GPM	Grand Rapids	MI	Sep. 2023	—	(12)	220	588	—	—	808	41
GPM	Ionia	MI	Sep. 2023	—	(12)	300	758	—	—	1,058	53
GPM	Lansing	MI	Sep. 2023	—	(12)	290	747	—	—	1,037	52
GPM	Lansing	MI	Sep. 2023	—	(12)	190	482	—	—	672	33
GPM	Lowell	MI	Sep. 2023	—	(12)	390	1,024	—	—	1,414	71
GPM	Muskegon	MI	Sep. 2023	—	(12)	190	485	—	—	675	34
GPM	Niles	MI	Sep. 2023	—	(12)	240	589	—	—	829	41
GPM	Plainwell	MI	Sep. 2023	—	(12)	260	688	—	—	948	48

						Initial Costs		Changes Subsequent to Acquisition
Portfolio	City	U.S. State/Territory or Country	Acquisition Date	Encumbrances at December 31, 2025 (1)		Land	Building and Improvements	Land	Building and Improvements	Gross Amount at December 31, 2025 (2)(3)	Accumulated Depreciation (4)(5)
GPM	Portage	MI	Sep. 2023	—	(12)	210	473	—	—	683	33
GPM	Saginaw	MI	Sep. 2023	—	(12)	310	813	—	—	1,123	57
GPM	Sault Ste Marie	MI	Sep. 2023	—	(12)	190	452	—	—	642	32
GPM	Spring Lake	MI	Sep. 2023	—	(12)	460	1,193	—	—	1,653	83
GPM	Walker	MI	Sep. 2023	—	(12)	250	624	—	—	874	44
GPM	West Lafayette	IN	Sep. 2023	—	(12)	250	672	—	—	922	46
GPM	Whitehall	MI	Sep. 2023	—	(12)	190	484	—	—	674	34
GPM	Wyoming	MI	Sep. 2023	—	(12)	290	750	—	—	1,040	52
GPM	Wyoming	MI	Sep. 2023	—	(12)	160	337	—	—	497	24
Fresenius IX	Newton	MS	Sep. 2023	—	(12)	750	1,892	—	—	2,642	132
Fresenius IX	Port Gibson	MS	Sep. 2023	—	(12)	330	780	—	—	1,110	54
Dialysis III	Andrews	SC	Sep. 2023	—	(12)	220	547	—	—	767	38
Dialysis III	Batesburg	SC	Sep. 2023	—	(12)	310	799	—	—	1,109	56
Dialysis III	Florence	SC	Sep. 2023	—	(12)	640	1,535	—	12	2,187	108
Dialysis III	Florence	SC	Sep. 2023	—	(12)	780	1,877	—	16	2,673	132
Dialysis III	Fort Lawn	SC	Sep. 2023	—	(12)	500	1,295	—	71	1,866	91
Dialysis III	Fountain Inn	SC	Sep. 2023	—	(12)	310	805	—	—	1,115	56
Dialysis III	Johnsonville	SC	Sep. 2023	—	(12)	270	620	—	—	890	44
Dialysis III	Kingstree	SC	Sep. 2023	—	(12)	650	1,650	—	—	2,300	115
Dialysis III	Lugoff	SC	Sep. 2023	—	(12)	310	765	—	—	1,075	53
Dialysis III	Manning	SC	Sep. 2023	—	(12)	310	762	—	—	1,072	53
Dialysis III	Myrtle Beach	SC	Sep. 2023	—	(12)	530	1,422	—	63	2,015	103
National Convenience Distributors	Chicopee	MA	Sep. 2023	—		4,110	8,326	—	—	12,436	651
National Convenience Distributors	Chicopee	MA	Sep. 2023	—		1,630	3,496	—	—	5,126	274
National Convenience Distributors	Chicopee	MA	Sep. 2023	—		170	427	—	—	597	32
National Convenience Distributors	Chicopee	MA	Sep. 2023	—		1,660	3,414	—	—	5,074	271
National Convenience Distributors	Chicopee	MA	Sep. 2023	—		1,380	3,256	—	—	4,636	251
Advance Auto VI	Columbus	OH	Sep. 2023	—	(12)	260	699	—	—	959	49
Advance Auto VI	Sandusky	MI	Sep. 2023	—	(12)	290	743	—	—	1,033	52
Dollar General XXVII	Buffalo	WV	Sep. 2023	—		230	284	—	—	514	21
Dollar General XXVII	Clendenin	WV	Sep. 2023	—		160	444	—	26	630	32
Dollar General XXVII	Elizabeth	WV	Sep. 2023	—	(12)	240	340	—	—	580	25
Dollar General XXVII	Gassaway	WV	Sep. 2023	—	(12)	280	317	—	—	597	24
Dollar General XXVII	Glenville	WV	Sep. 2023	—	(12)	380	558	—	—	938	40
Dollar General XXVII	Middlebourne	WV	Sep. 2023	—	(12)	190	249	—	—	439	18
Dollar General XXVII	Mt. Hope	WV	Sep. 2023	—	(12)	170	419	—	28	617	31

						Initial Costs		Changes Subsequent to Acquisition
Portfolio	City	U.S. State/Territory or Country	Acquisition Date	Encumbrances at December 31, 2025 (1)		Land	Building and Improvements	Land	Building and Improvements	Gross Amount at December 31, 2025 (2)(3)	Accumulated Depreciation (4)(5)
Dollar General XXVII	Parkersburg	WV	Sep. 2023	—	(12)	410	540	—	—	950	40
Dollar General XXVII	Parkersburg	WV	Sep. 2023	—	(12)	390	552	—	—	942	40
Dollar General XXVII	Pennsboro	WV	Sep. 2023	—	(12)	330	507	—	—	837	37
Dollar General XXVII	Point Pleasant	WV	Sep. 2023	—	(12)	620	794	—	—	1,414	58
Dollar General XXVII	Sophia	WV	Sep. 2023	—	(12)	340	434	—	—	774	32
Dollar General XXVII	St. Mary's	WV	Sep. 2023	—	(12)	260	297	—	—	557	22
Dollar General XXVII	Sutton	WV	Sep. 2023	—		230	253	—	—	483	19
Dollar General XXVII	Vienna	WV	Sep. 2023	—	(12)	390	673	—	—	1,063	48
Pick N' Save	Franklin	WI	Sep. 2023	—	(12)	1,810	5,988	—	—	7,798	415
Dollar General XXVII	New Haven	WV	Sep. 2023	—	(12)	280	354	—	—	634	27
Tidal Wave I	Camden	SC	Sep. 2023	—	(12)	1,270	2,736	—	—	4,006	191
Tidal Wave I	Columbus	GA	Sep. 2023	—	(12)	1,030	2,821	—	—	3,851	195
Tidal Wave I	Fayetteville	NC	Sep. 2023	—	(12)	1,040	2,812	—	—	3,852	194
Tidal Wave I	Guntersville	AL	Sep. 2023	—	(12)	1,090	2,921	—	—	4,011	202
Tidal Wave I	Hinesville	GA	Sep. 2023	—	(12)	1,160	2,855	—	—	4,015	198
Tidal Wave I	Macon	GA	Sep. 2023	—	(12)	1,050	2,804	—	—	3,854	194
Tidal Wave I	Marietta	GA	Sep. 2023	—	(12)	880	2,975	—	—	3,855	203
Tidal Wave I	Milledgeville	GA	Sep. 2023	—	(12)	1,130	2,730	—	—	3,860	189
Tidal Wave I	Moultrie	GA	Sep. 2023	—	(12)	1,090	2,928	—	—	4,018	202
Tidal Wave I	Overland Park	KS	Sep. 2023	—	(12)	1,150	2,702	—	—	3,852	188
Tidal Wave I	Warner Robins	GA	Sep. 2023	—	(12)	1,070	2,789	—	—	3,859	193
Aaron's II	DeRidder	LA	Sep. 2023	—		240	755	—	—	995	52
Aaron's II	Buffalo	NY	Sep. 2023	—		230	515	—	—	745	36
Aaron's II	Buffalo	NY	Sep. 2023	—		310	363	—	—	673	27
Aaron's II	East Hartford	CT	Sep. 2023	—		240	368	—	—	608	27
Aaron's II	Elmira	NY	Sep. 2023	—		170	374	—	—	544	27
Aaron's II	Geneva	NY	Sep. 2023	—		150	355	—	—	505	25
Aaron's II	Lawrence	MA	Sep. 2023	—		210	663	—	—	873	46
Aaron's II	Presque Isle	ME	Sep. 2023	—		230	472	—	—	702	33
Aaron's II	Rutland	VT	Sep. 2023	—		230	453	—	—	683	33
Aaron's II	Springfield	MA	Sep. 2023	—		220	517	—	—	737	36
Aaron's II	Syracuse	NY	Sep. 2023	—		180	253	—	—	433	19
Aaron's II	Tonawanda	NY	Sep. 2023	—		230	329	—	—	559	24
Aaron's II	Waterbury	CT	Sep. 2023	—		210	687	—	—	897	47
Tidal Wave I	Mission	KS	Sep. 2023	—	(12)	1,370	2,905	—	—	4,275	207
Tidal Wave I	Pace	FL	Sep. 2023	—	(12)	1,540	2,768	—	—	4,308	199

							Initial Costs				Changes Subsequent to Acquisition
Portfolio	City	U.S. State/Territory or Country	Acquisition Date	Encumbrances at December 31, 2025 (1)			Land		Building and Improvements		Land	Building and Improvements		Gross Amount at December 31, 2025 (2)(3)		Accumulated Depreciation (4)(5)
Dollar General XXVII	Matewan	WV	Sep. 2023	—		(12)	100		227		—	—		327		16
Aaron's II	Oxford	ME	Sep. 2023	—			290		378		—	—		668		28
Tidal Wave I	Kansas City	KS	Sep. 2023	—		(12)	1,310		3,509		—	—		4,819		242
Heritage I	Bellevue	MI	Sep. 2023	—		(12)	110		211		—	—		321		15
Heritage I	Homer	MI	Sep. 2023	—		(12)	110		255		—	—		365		18
Heritage I	Marshall	MI	Sep. 2023	—		(12)	820		2,737		—	—		3,557		189
Fidelity I	Chillocothe	MO	Sep. 2023	—		(12)	770		1,717		—	—		2,487		120
Fidelity I	Columbus	OH	Sep. 2023	—		(12)	210		313		—	—		523		23
Fidelity I	Marion	OH	Sep. 2023	—		(12)	70		143		—	—		213		11
Fidelity I	Savannah	GA	Sep. 2023	—		(12)	320		420		—	—		740		31
Fidelity I	Savannah	GA	Sep. 2023	—		(12)	460		1,028		—	—		1,488		73
Fidelity I	Savannah	GA	Sep. 2023	—		(12)	750		1,046		—	—		1,796		76
BJ's Wholesale Club II	Batavia	NY	Sep. 2023	—		(12)	1,600		4,344		—	—		5,944		304
Heritage I	Battle Creek	MI	Sep. 2023	—		(12)	230		708		—	—		938		49
Walgreens	Huntsville	AL	Sep. 2023	—		(12)	1,280		3,176		—	—		4,456		220
Academy Sports	Valdosta	GA	Sep. 2023	—		(12)	2,650		5,494		—	—		8,144		389
Fidelity I	Covington	GA	Sep. 2023	—		(12)	1,040		2,819		—	—		3,859		197
Fidelity II	Beaufort	SC	Sep. 2023	—		(12)	290		349		—	—		639		26
Fidelity II	Savannah	GA	Sep. 2023	—		(12)	630		1,061		—	—		1,691		76
Fed Ex	Marion	Il	Oct. 2023	—			4,784		43,063		—	—		47,847		3,738
Encumbrances				1,250,892
				$	1,320,892		$	661,608	$	3,522,236	(2,524)	$	72,880	$	4,254,200	$	701,150

______

(1)These are stated principal amounts at spot rates for those in local currency and excludes $47.8 million of mortgage discounts and $8.5 million of deferred financing costs.

(2)Acquired intangible lease assets allocated to individual properties in the amount of $523.4 million are not reflected in the table above.

(3)The tax basis of aggregate land, buildings and improvements as of December 31, 2025 is $4.3 billion.

(4)The accumulated depreciation column excludes approximately $265.8 million of accumulated amortization associated with acquired intangible lease assets.

(5)Each of the properties has a depreciable life of: 40 years for buildings, 15 years for improvements and five years for fixtures.

(6)These properties collateralize the loan on the Finland properties of $86.9 million as of December 31, 2025.

(7)These properties collateralize the U.S. Multi-Tenant Mortgage Loan I of $129.9 million as of December 31, 2025.

(8)These properties collateralize the U.S. Multi-Tenant Mortgage Loan II of $32.8 million as of December 31, 2025.

(9)These properties collateralize the U.S. Multi-Tenant Mortgage Loan III of $98.5 million as of December 31, 2025.

(10)These properties collateralize the U.S. Multi-Property Loan IV of $77.8 million as of December 31, 2025.

(11)These properties collateralize the U.S. Multi-Property Loan V of $128.8 million as of December 31, 2025.

(12)These properties collateralize the Net Lease Mortgage Notes of $425.8 million as of December 31, 2025.

(13)These properties collateralize the Mortgage Loan III of $33.4 million as of December 31, 2025.

(14)These properties collateralize the CMBS Loan II of $237.0 million as of December 31, 2025.

A summary of activity for real estate and accumulated depreciation for the years ended December 31, 2025, 2024 and 2023:

	December 31,
	2025		2024		2023
Real estate investments, at cost:
Balance at beginning of year — Continuing Operations	$	4,926,345	$	5,781,516	$	3,797,474
Balance at beginning of year — Discontinued Operations	1,543,619		1,514,647		—
Balance at beginning of year	6,469,964		7,296,163		3,797,474
Additions - Capital Expenditures/Acquisitions	33,386		45,961		3,613,000
Asset dispositions (including write-off of fully depreciated assets)	(2,097,067)		(706,957)		(97,218)
Transfer to assets held for sale	(53,710)		(16,232)		(3,209)
Impairment charge	(210,131)		(108,465)		(66,672)
Currency translation adjustment	111,758		(40,506)		52,788
Balance at end of the year	4,254,200		6,469,964		7,296,163
Less: Balance at end of year — Discontinued Operations	—		(1,543,619)		(1,514,647)
Balance at end of year — Continuing Operations	$	4,254,200	$	4,926,345	$	5,781,516
Accumulated depreciation:
Balance at beginning of year — Continuing Operations	$	567,134	$	570,363	$	501,971
Balance at beginning of year — Discontinued Operations	164,720		44,488		—
Balance at beginning of year	731,854		614,851		501,971
Depreciation expense	132,883		176,209		121,313
Asset dispositions/Impairment Charges (including write-off of fully depreciated assets)	(176,196)		(37,147)		(16,013)
Transfer to assets held for sale	(9,674)		(21)		(21)
Currency translation adjustment	22,283		(22,038)		7,601
Balance at end of the year	701,150		731,854		614,851
Less: Balance at end of year — Discontinued Operations	—		(164,720)		(44,488)
Balance at end of year — Continuing Operations	$	701,150	$	567,134	$	570,363