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NLOP
Upturn stock ratingUpturn stock rating

Net Lease Office Properties (NLOP)

Upturn stock ratingUpturn stock rating
$32.88
Last Close (24-hour delay)
Profit since last BUY0.61%
upturn advisory
Consider higher Upturn Star rating
BUY since 36 days
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Upturn Stock infoUpturn Stock info Stock price based on last close
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Upturn Advisory Summary

08/14/2025: NLOP (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

1 Analysts rated it

Very few follow this stock; limited insights, higher-risk early investing.

1 Year Target Price $46

1 Year Target Price $46

Analysts Price Target For last 52 week
$46 Target price
52w Low $26.1
Current$32.88
52w High $34.53

Analysis of Past Performance

Type Stock
Historic Profit 9.39%
Avg. Invested days 42
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 4.0
Stock Returns Performance Upturn Returns Performance 2.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 08/14/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 487.09M USD
Price to earnings Ratio -
1Y Target Price 46
Price to earnings Ratio -
1Y Target Price 46
Volume (30-day avg) 1
Beta -
52 Weeks Range 26.10 - 34.53
Updated Date 08/15/2025
52 Weeks Range 26.10 - 34.53
Updated Date 08/15/2025
Dividends yield (FY) -
Basic EPS (TTM) -10.61

Analyzing Revenue: Products, Geography and Growth

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date 2025-08-07
When After Market
Estimate -
Actual -5.5042

Profitability

Profit Margin -133.62%
Operating Margin (TTM) 25.2%

Management Effectiveness

Return on Assets (TTM) 1.83%
Return on Equity (TTM) -26.88%

Valuation

Trailing PE -
Forward PE -
Enterprise Value 550110786
Price to Sales(TTM) 4.14
Enterprise Value 550110786
Price to Sales(TTM) 4.14
Enterprise Value to Revenue 4.68
Enterprise Value to EBITDA 59.09
Shares Outstanding 14814100
Shares Floating 14717487
Shares Outstanding 14814100
Shares Floating 14717487
Percent Insiders 0.65
Percent Institutions 58.66

ai summary icon Upturn AI SWOT

Net Lease Office Properties

stock logo

Company Overview

overview logo History and Background

Net Lease Office Properties (NLOP) was formed in 2021 as a spin-off from W. P. Carey Inc. It focuses on single-tenant office properties leased to corporate tenants under long-term net leases.

business area logo Core Business Areas

  • Net Lease Office Properties: Acquisition, ownership, and management of single-tenant office properties leased to corporate tenants under long-term net leases. The company focuses on generating income from these properties.

leadership logo Leadership and Structure

Daniel M. Lefkowitz is the Chief Executive Officer. The company operates as a Real Estate Investment Trust (REIT) with a board of directors.

Top Products and Market Share

overview logo Key Offerings

  • Net Leased Office Properties: NLOP's primary offering is the leasing of office spaces to single corporate tenants under long-term net leases. They lease out spaces. They do not have market share data to offer. Competitors: W.P. Carey, Global Net Lease, American Finance Trust

Market Dynamics

industry overview logo Industry Overview

The net lease REIT sector involves owning single-tenant properties under long-term net leases, where tenants are responsible for property taxes, insurance, and maintenance. The industry is sensitive to interest rate changes and economic conditions.

Positioning

NLOP focuses specifically on office properties, differentiating it from more diversified net lease REITs. It's positioned to benefit from long-term leases with creditworthy tenants.

Total Addressable Market (TAM)

The TAM for net lease office properties is substantial, estimated to be in the hundreds of billions of dollars in the US alone. NLOP's positioning relies on securing high-quality tenants and properties to capture a portion of this market.

Upturn SWOT Analysis

Strengths

  • Long-term net leases
  • Focus on office properties
  • Potential for stable income streams
  • Experienced management team

Weaknesses

  • Concentration in office sector
  • Sensitivity to interest rate fluctuations
  • Dependence on single tenants for each property
  • Relatively small size compared to larger net lease REITs

Opportunities

  • Acquisition of undervalued office properties
  • Expansion into new geographic markets
  • Increased demand for single-tenant office spaces
  • Potential for strategic partnerships

Threats

  • Economic downturn impacting tenant financial health
  • Rising interest rates increasing borrowing costs
  • Increased competition from other net lease REITs
  • Changes in tax laws affecting REITs

Competitors and Market Share

competitor logo Key Competitors

  • W. P. Carey (WPC)
  • Global Net Lease (GNL)
  • American Finance Trust (AFIN)

Competitive Landscape

NLOP's advantage lies in its dedicated focus on office properties, but it faces disadvantages due to its smaller size and limited diversification compared to larger competitors like WPC.

Growth Trajectory and Initiatives

Historical Growth: NLOP's growth trends are dependent on acquisitions and lease renewals. Historical data is limited given its recent spin-off.

Future Projections: Future projections require analyst estimates, which can vary. Specific projections are unavailable.

Recent Initiatives: Recent initiatives could include property acquisitions, lease renewals, and cost-saving measures. Specific details are needed and unavailable.

Summary

Net Lease Office Properties is a REIT focused on single-tenant office properties. It benefits from long-term net leases, providing stable income. However, it is vulnerable to interest rate changes and economic downturns, potentially impacting its tenants and property values. Competition and acquisitions are key factors for its future performance. NLOP's financial metrics and shareholder returns depend on acquiring high-quality assets and renewing leases, all of which need to be monitored.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company filings
  • Analyst reports (where available)
  • Industry publications

Disclaimers:

The information provided is for informational purposes only and should not be considered financial advice. Market share data is estimated and may not be precise. Investment decisions should be based on thorough research and consultation with a qualified financial advisor.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Net Lease Office Properties

Exchange NYSE
Headquaters New York, NY, United States
IPO Launch date 2023-11-02
CEO & Chair of the Board Mr. Jason E. Fox
Sector Real Estate
Industry REIT - Office
Full time employees -
Full time employees -

Net Lease Office Properties (NYSE: NLOP) is a publicly traded real estate investment trust with a portfolio of 37 high-quality office properties, totaling approximately 5.5 million leasable square feet primarily leased to corporate tenants on a single-tenant net lease basis. The vast majority of the office properties owned by NLOP are located in the U.S., with the balance in Europe. The portfolio consists of 41 corporate tenants operating in a variety of industries, generating annualized based rent (ABR) of approximately $88 million. NLOP's business plan is to focus on realizing value for its shareholders primarily through strategic asset management and disposition of its property portfolio over time. Given WPC's extensive knowledge of the portfolio, NLOP is externally managed and advised by wholly owned affiliates of WPC to successfully execute on its business strategy. Over the course of its more than 50-year history, WPC has developed significant expertise in the single-tenant office real estate sector, including the operation, leasing, acquisition and development of assets through many market cycles, and has a proven track record of execution.