Orion Properties Inc. · NYSE:ONL
Orion Properties — Q3 2026 Earnings Presentation
8 slides from Orion Properties's earnings presentation, Nov 5, 2026
Slide 1: Exhibit 99.2
Exhibit 99.2
Slide 2: Supplemental Information Package 2026 Third Quarter
Supplemental Information Package 2026 Third Quarter Orion Properties Inc. | WWW.ONLREIT.COM | 2 Q3 2026 SUPPLEMENTAL INFORMATION Orion Supplemental Information September 30, 2026 Section Page About the Data 3 Forward-Looking Statements 4 Company Overview 6 Balance Sheets 8 Statements of Operations 9
Slide 3: Capitalization Table
Capitalization Table September 30, 2026 Common stock outstanding 57,045 Stock price $ 2.49 Implied Equity Market Capitalization $ 142,042 Wtd. Avg. Maturity (Years) Wtd. Avg. Interest Rate (1) Principal Outstanding Mortgages payable (2) 2.5 5.02 % $ 334,494 Credit facility revolver (3) 1.4 6.62 % 10
Slide 4: Capitalization Table footnotes
___________________________________ (1) Interest rate for variable rate debt represents the interest rate in effect as of September 30, 2026 . (2) Includes $316.5 million securitized mortgage loan secured by 18 of the Company's properties (the "CMBS Loan") which bears interest at a fixed rate of 4.9
Slide 5: Tenant Diversification
General Services Administration Merrill Lynch Ingram Micro Sekisui House U.S. T-Mobile Cigna/Evernorth Encompass Health Collins Aerospace AT&T Home Depot/HD Supply Tenant Diversification a 20.6, ee 10.4% | 43 HN 3.2% Ee 3.7 Hs 3.4% Ha 3.3% HN 3.3% Ma 3.2%
Slide 6: ___________________________________________________
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Slide 7: Industry Diversification
Government & Public Services Health Care Equipment & Services Capital Goods Financial Institutions Telecommunication Services Materials Commercial & Professional Services Software & Services Consumer Durables & Apparel Retailing Industry Diversification a 21, ne 13.3% ee 10.9% ee (0.4% ee 72% 7 62%
Slide 8: Tenants Comprising Over 1% of Annualized Base Rent
Statistics (square feet and dollars in thousands) Operating Properties 57 Non-Operating Properties — Rentable Square Feet 6,352 Annualized Base Rent $ 107,017 Occupancy Rate 78.3 % Leased Rate 78.3 % Weighted Average Remaining Lease Term 6.1 Investment-Grade Tenants 67.8 % NN leases 57.6 % NNN lease