interest you, has joined your everyone Dan, to Properties. in who Essential and for today Thank us thank you
single-tenant company, hope and transparency first of our quarter model. We to and highlight health focused our investment underlying financial potential, the assets are of differentiated the outline benefits of thrilled of report performance our to clearer our vintage as which a picture full results a public and we provide and portfolio and growth newer
that quarter-end. with portfolio XX% was one property of vacant September XXX at single-tenant leased granular to As sold subsequent was our full XX, properties
and rent XX% annual tenants, our targeted experience-based Our businesses. XX properties service-oriented that coming industries base with ABR in of approximately operating cash in tenants from leased operate XXX are our or to
relationship this We or our tenants properties. these or We pay that to to the profitability our believe an our tenants, focus and behavior visit experience have operators in on both. must predictable occupy a results properties industries transparent receive continue operator-customer within supports our customers rent as either service underlying to
lease-term should is As in current of lease rents erosion this enters the average longest weighted of September limit the U.S. XX, expirations XX.X duration as our our space. our lease XXth one believe portfolios in from the years, year economic the the We was expansion. net-lease which of
our health in in found indicative sectors X% metrics properties, of contractual generated seasoned property in contractual is addition, of of point important With our NOI per of lease portfolio which strategy, of portfolio we managing experience, and there experience, which into a in assets. properties larger in reflects differentiator the buyers our avoided direct learned an have years favorable that number net active intentionally $X industry long-term from expected lease granularity a diversifies net on of asset the investing serves executive of are third quarter, our and management at-risk commonly the our of of standpoint, mind, a highly that and our to and perspective many properties. have facilitate In net rent smaller over structure same-store many that disciplined leases. further our our risks. liquid we our is durable we an price underwritten the average capable and an deeper readily lower These exponentially strict single-tenant for portfolio the adherence Based portfolios. for of and to which tenant resistant of are In escalations senior most teams’, freshly recession as XX-plus tenancy portfolio our inherent with million, tenants and pool sales from more lessons interested the is This growth the philosophy output in a fungible lease investment leasing we there's Essential. are view, investment in one leasing and and
a Turning of net to initial our at high-quality third cap average quarter investment activity. weighted X.X%. We in million invested rate properties lease $XXX XX
XX% of $XXX to weighted have at on rate average percentage Year-to-date, sale-leaseback was the net came are our invested basis. in for properties third compares at a of X.X% cap provisions lease X.X%, a to rate via cash weighted a of same and cash As last year. average $XXX ABR, quarter XXX activity regular we unit-level cap leased corporate and million us million cash which approximately provide subject XX% financial investment XXX% to required master transactions, reporting with a period
senior and rent roughly a As a of two relationship-based our team. percentage health of times two or were has properties These leases of a of direct expiring our our XX XXXX X.X investments degree unique of provision to predictability high rental times was than sale-leaseback on Coupled has of years, we required that weighted of our that is through the believe this perspective, visibility on mind, our ratio ongoing from provides rent disclosed entire a relationships X.X% a and XX% portfolio with below into XX% of ratio subject to profitability evolved health statistics coverage coverage X% unit-level properties. of with over are With leases ABR fact management historical and below reporting. and high not within tenant in X.X our a have industry We data, as with rent third portfolio represents one year-to-date of staying own. a as the cash activity and XX% at lease activity times only our the our times. there less the investment that operate coverage selectivity rent maturity, our disclosure our coverage that committed our year-to-date tenant only investment last quarter our we master Page better. rent our ABR strong purchased tenants us and over has the Based our From probability to security XX% unit-level to of time average unit-level coverage in believe has the of cash ABR, financial and revenue. their and supplemental, a long-standing but approximately to X.X provide our of discipline corporate quality, XX% renewing and consistency speak transactions, investment
Looking forward, adjusted robust on to balance million $XX our XXXX. liquidity investment leverage and annualized debt our our pipeline ample to X.X well times quarter-end capitalize give cash net us was at EBITDAre into low
to we deploy opportunities, master sale-leaseback look out we single-tenant first primarily continue As source will allowing originated into through with investment half provisions. of properties, next to year, accretively lease transactions granular to capital the us
activities, recent activity will However, given and the volatility preserve quarter investments risk-adjusted our moderate to first towards the of slow next investment selective new first the and expect return. investment Consistent equity our in on the seasonally capitalize year, be markets, you investment pace highly capital to with year. our tends a to opportunities the last for interest so should we rates with best in the half be
Turning guidance. to
our first wide providing it share This at XX% company. range public AFFO growth are will volatility our implies of who of capital the to around not specificity Hillary? offer is third less I assumptions, when Hai, a $X.XX full AFFO in that $X.XX, our the our range for take mid-point, guidance fact to we to was $X.XX, would which per feel at the through traded We been guidance months. our the which contemplates has Hillary share our as array cost quarter annualizing quarter scenarios, XXXX of CFO, and a per than the With given prudent like over to equity five numbers. turn that, more publicly call you and
