AQR is a REIT that owns and leases petrol stations, and so is quite boring. It does however have leases with major companies with a WALE of 11.8 years, meaning it delivers a consistent return above 6%, and will do for years, so it is like a very good bond yield. It is currently trading slightly below NAV.
I suspect most think petrol stations will be a 'thing of the past' once EV's take off, reducing interest in this stock, and I agree with that projection, but the locations of the properties it owns will be highly sought as future residential or commercial sites, giving it a strong exit value.
Held IRL.