Capital Investment Case Studies
Lease Expirations and Average Lease Term (1)
Weighted-average lease term of 11.2 years
50%
40%
30%
20%
10%
Lease Expirations (% ABR) (2)
6.1%
5.7%
4.6%
5.0%
5.2%
4.9%
5.6%
4.4%
4.8%
3.1%
W. P. CAREY
49.2%
1.4%
0%
2023
2024
(3)
2025
2026
2027
2028
2029
2030
2031
2032
2033
Thereafter
1. Portfolio information reflects pro rata ownership of real estate assets (excluding operating properties) as of June 30, 2023.
2. Assumes tenants do not exercise any renewal or purchase options.
3. Includes ABR of $38.8 million from the U-Haul net lease self-storage portfolio. The Company received notice during the 2023 first quarter from a related party of U-Haul of its intention to exercise its repurchase option on the properties in this portfolio.
14View entire presentation