FrontView REIT, Inc.
FrontView REIT, Inc. (NYSE: FVR) is an internally-managed net-lease real estate investment trust that acquires, owns, and manages properties with direct frontage on high-traffic roads across the United States. The company operates through an umbrella partnership REIT structure and conducts its business via FrontView… From the company’s description.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What FrontView REIT, Inc. does
In the company’s own words
FrontView REIT, Inc. (NYSE: FVR) is an internally-managed net-lease real estate investment trust that acquires, owns, and manages properties with direct frontage on high-traffic roads across the United States. The company operates through an umbrella partnership REIT structure and conducts its business via FrontView Operating Partnership LP. The company's website is www.frontviewreit.com.
FrontView's investment strategy focuses on properties located in prominent retail areas with direct visibility to consumers and adaptable spaces suitable for various tenant uses. The company targets service-oriented businesses including medical and dental providers, quick-service restaurants, casual dining establishments, financial institutions, cellular stores, automotive retailers, fitness operators, discount retailers, convenience stores, gas stations, car washes, home improvement stores, pharmacies, and professional services tenants.
As of December 31, 2025, FrontView owned a portfolio of 303 properties comprising approximately 2.7 million rentable square feet across 37 U.S. states. The portfolio achieved a 98.7% occupancy rate and was leased to 321 tenants representing 155 different brands. No single tenant brand accounted for more than 3.51% of annualized base rent, and approximately 34.8% of tenants held investment-grade credit ratings. The company's properties were concentrated in top 100 metropolitan statistical areas, with 78.1% of the portfolio located in these markets. Illinois represented the largest geographic concentration at 14.9% of annualized base rent, followed by Texas at 8.3%.
The company's leases are predominantly net leases with weighted average remaining terms of approximately 7.4 years excluding renewal options. Approximately 97.3% of leases included contractual rent escalations ranging from 1.0% to 3.0% annually. For the year ended December 31, 2025, the company generated total rental revenues of $66.5 million and funds from operations of $26.1 million.
FrontView employed 22 full-time employees as of December 31, 2025, supplemented by outsourcing arrangements for property accounting and human resources support. The company completed its initial public offering on October 3, 2024, issuing 13.2 million shares at $19.00 per share and raising net proceeds of $271.5 million. The company succeeded the Predecessor, NADG NNN Property Fund LP, which was formed in 2016 and focused on outparcel acquisitions.
Company details
- Sector
- Real Estate
- Industry
- REITs
- Headquarters
- DALLAS, TX
- Fiscal year end
- December
- CIK
- 1988494
- SIC
- 6798
Financial performance, year by year
Fiscal 2024–2025 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns FrontView REIT, Inc. — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Largest fund holders · FrontView REIT, Inc.’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Could not be determined for this company: bond issues.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
Put this business in context.
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