Spirit Realty Capital is a self-administered and self-managed real estate investment trust with in-house capabilities, including asset management, acquisition, credit, research, finance, information technology and accounting functions. The company primarily invests in single-tenant real estate throughout the U.S., which is generally acquired through sale-leaseback transactions and subsequently leased on a long-term, triple-net basis to tenants with business operations within predominantly retail, but also office and industrial property types. The company's operations are carried out through Spirit Realty, L.P. (Operating Partnership).