
NYSEReal EstateREIT - Office
Latest quote
$9.67
−$0.02 · -0.21%
Net Lease Office Properties (NLOP) is a publicly traded real estate investment trust that holds a portfolio of 59 premium office assets. These properties encompass approximately 8.7 million square feet of leasable space, primarily leased to corporate occupants under single-tenant net lease agreements. While the majority of these office buildings are situated in the United States, a portion is located in Europe. The portfolio boasts 62 corporate tenants from a variety of industries, collectively contributing around $145 million in annualized base rent. NLOP's strategic objective is to enhance shareholder value through proactive asset management and the eventual divestment of its real estate holdings. Given its profound familiarity with the portfolio, NLOP leverages external management and advisory services from wholly-owned subsidiaries of WPC, ensuring effective execution of its business strategy. WPC brings over five decades of expertise in the single-tenant office real estate sector, demonstrating a strong track record in operating, leasing, acquiring, and developing assets across diverse market conditions.
Previous close
$9.67
−$0.02 · -0.21%
After-hours
$9.67
$0.00 · 0.00%
Oct 9, 4:00 PM ET
Regular session · ET · Market data may be delayed.
Net Lease Office Properties (NLOP) is a publicly traded real estate investment trust that holds a portfolio of 59 premium office assets. These properties encompass approximately 8.7 million square feet of leasable space, primarily leased to corporate occupants under single-tenant net lease agreements. While the majority of these office buildings are situated in the United States, a portion is located in Europe. The portfolio boasts 62 corporate tenants from a variety of industries, collectively contributing around $145 million in annualized base rent. NLOP's strategic objective is to enhance shareholder value through proactive asset management and the eventual divestment of its real estate holdings. Given its profound familiarity with the portfolio, NLOP leverages external management and advisory services from wholly-owned subsidiaries of WPC, ensuring effective execution of its business strategy. WPC brings over five decades of expertise in the single-tenant office real estate sector, demonstrating a strong track record in operating, leasing, acquiring, and developing assets across diverse market conditions.
Day range
Current $9.67
52-week range
Current $9.67
Regular session · ET · Market data may be delayed.
GoAI Score
Hold
Valuation
85
Deep Value
Sentiment
45
Mixed
Risk
46
Elevated Risk
Momentum
26
Weakening
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Thesis, catalysts, evidence, and risk analysis.
Net Lease Office Properties (NLOP) is a publicly traded real estate investment trust that holds a portfolio of 59 premium office assets. These properties encompass approximately 8.7 million square feet of leasable space, primarily leased to corporate occupants under single-tenant net lease agreements. While the majority of these office buildings are situated in the United States, a portion is located in Europe. The portfolio boasts 62 corporate tenants from a variety of industries, collectively contributing around $145 million in annualized base rent. NLOP's strategic objective is to enhance shareholder value through proactive asset management and the eventual divestment of its real estate holdings. Given its profound familiarity with the portfolio, NLOP leverages external management and advisory services from wholly-owned subsidiaries of WPC, ensuring effective execution of its business strategy. WPC brings over five decades of expertise in the single-tenant office real estate sector, demonstrating a strong track record in operating, leasing, acquiring, and developing assets across diverse market conditions.
Day range
Current $9.67
52-week range
Current $9.67
Profitability as a percentage of reported revenue.
Revenue
Operating income
Net income
| Metric (USD) | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | 118.92M USD | 142.25M USD | 174.97M USD | 156.21M USD | 147.91M USD |
| Cost of goods sold | 35.62M USD | 43.66M USD | 37.84M USD | 32M USD | 30.08M USD |
| Gross profit | 83.3M USD | 98.58M USD | 137.12M USD | 124.21M USD | 117.83M USD |
| Selling, general, and administrative | 7.31M USD | 7.52M USD | 22.06M USD | 17.9M USD | 10.31M USD |
| Operating expenses | 47.99M USD | 64.21M USD | 97.05M USD | 81.1M USD | 68.89M USD |
| Interest income | 2.1M USD | — | — | — | — |
| Interest expense | 12.74M USD | 67.96M USD | 42.61M USD | 26.84M USD | 32.47M USD |
| Depreciation and amortization | 38.8M USD | 78.94M USD | 81.4M USD | 66.23M USD | 61.16M USD |
| Operating income | 35.31M USD | 34.37M USD | 40.07M USD | 43.11M USD | 48.94M USD |
| Net income | −145.26M USD | −91.47M USD | −131.75M USD | 15.78M USD | 1.42M USD |
Company facts updated Oct 10, 2026.
Recent quarterly results
Recent quarterly results
Funds reporting this stock among their holdings, ordered by reported position size.
Vanguard Morningstar Total Stock Market ETFVTI5.31M0.00%2.3T USD0.03%$381.94+0.63%
iShares Russell 2000 ETFIWM3.77M0.00%78.27B USD0.19%$278.94+0.49%
Vanguard Extended Market ETFVXF2.12M0.00%95.4B USD0.05%$235+0.80%
iShares Russell 2000 Value ETFIWN1.31M0.01%13.85B USD0.24%$210.87-0.04%
Vanguard Russell 2000 ETFVTWO988.81K0.01%18B USD0.06%$112.66+0.50%
DFA Real Estate Securities Portfolio ETF Class SharesDFAR855.09K0.01%8.17B USD0.22%$24.47+1.58%
Cambria Global Real Estate ETFBLDG592.39K1.17%50.65M USD0.59%$24.9393+0.40%
iShares Core U.S. REIT ETFUSRT549.25K0.01%4.16B USD0.08%$61.55+0.72%
Vanguard Morningstar Total Stock Market ETFVTI
iShares Russell 2000 ETFIWM
Vanguard Extended Market ETFVXF
iShares Russell 2000 Value ETFIWN
Vanguard Russell 2000 ETFVTWO
DFA Real Estate Securities Portfolio ETF Class SharesDFAR
Cambria Global Real Estate ETFBLDG
iShares Core U.S. REIT ETFUSRTAI-generated and delayed market data for informational and educational purposes only. Not investment advice.