Symbol: NLOP
Exchange: NYSE
HQ: United States
Type of REIT: Equity REIT
Listing Status: Public
Market Capitalization: Micro-Cap
REIT Sector: Office
REITRating™ Score: 2.4
See NLOP on Yahoo Finance
See NLOP on SEC.gov
NetLease Office Properties (NLOP) is a real estate investment trust that focuses on acquiring and managing single-tenant, net-leased office assets. Its strategy emphasizes long-term, credit-backed leases—typically structured as net or triple-net arrangements—designed to generate predictable, contractually driven cash flows while minimizing landlord operating responsibilities. Such a mandate tends to appeal to investors seeking income stability and lower management intensity relative to multi-tenant office ownership. Risk factors commonly associated with this model include tenant credit concentration, lease rollover timing, and exposure to office market fundamentals. For up-to-date portfolio details, financial results, and corporate developments, consult the company’s most recent SEC filings or investor presentations, as my information may not reflect the latest transactions or corporate events.
Sample of REIT’s Properties. Image Source - REIT’s website
Below are the most recent cash dividends paid by NLOP. The percent difference from one dividend payment to the next has also been calculated for your convenience. Dividends flagged as [E] are extraordinary dividend payments.
| Symbol | Ex Date | Cash Amount | Change in Dividend | Declaration Date | Record Date | Payment Date |
|---|---|---|---|---|---|---|
| NLOP | 2026-03-30 | 3.300 | -51.11% | 2026-03-19 | 2026-03-30 | 2026-04-14 |
| NLOP | 2026-02-18 | 6.750 | 32.35% | 2026-01-20 | 2026-01-30 | 2026-02-17 |
| NLOP | 2026-01-02 | 5.100 | 24.39% | 2025-12-22 | 2026-01-02 | 2026-01-20 |
| NLOP | 2025-12-04 | 4.100 | 32.26% | 2025-11-24 | 2025-12-04 | 2025-12-19 |
| NLOP | 2025-08-18 | 3.100 | 811.76% | 2025-08-06 | 2025-08-18 | 2025-09-03 |
| NLOP | 2023-12-15 | 0.340 | --- | 2023-12-08 | 2023-12-18 | 2024-01-29 |
Compare with other REITs | See the complete trend
| Rating | Dividend Section | Avg. Rating |
|---|---|---|
| 3 | Dividend Payment Consistency: Analysis of how many periods the REIT’s dividends have been paid consistently without a gap in payment. | 8.1 |
| Rating | AFFO & Efficiency Section | Avg. Rating |
| Rating | Leverage Section | Avg. Rating |
| 10 | Debt Leverage Health: Analysis of the REIT’s Total Debt to Total Assets. | 5.0 |
| 10 | Debt Leverage Health Trend: Analysis of the REIT’s Total Debt to Total Assets over the last two years. | 6.6 |
| Rating | Asset & Revenue Section | Avg. Rating |
| 0 | Total Asset Growth: Analysis of how the REIT has grown its Total Assets over the last two years. | 6.3 |
| Rating | Properties Section | Avg. Rating |
| Rating | Market Cap Section | Avg. Rating |
| 2.4 | Overall REITRating™ Score (See trend) | 5.1 |
REITRating is REITNote's Real Estate Investment Trust industry-specific rating and ranking system. The REIT’s score for each analysis is out of ten points, with ten being the best score and zero being the worst. A score of zero can be assigned if the REIT does not meet the criteria for that specific analysis. N/A is assigned if insufficient data is available for a particular analysis. Our REITRating logic is continuously improving, so a REIT’s rating and ranking may change over time. Important Note: REITRating is not a predictor of a REIT’s future performance, it is an evaluation of its past results. Additionally, the REITRating system is for informational purposes only and does not represent financial or investment advice or a recommendation of which REITs to acquire. Learn more.
| Name | Type | Address | City | State |
|---|---|---|---|---|
| Net Lease Office Properties | Office | 601 Jefferson Street | Houston | TX |
| Net Lease Office Properties | Office | 14800 Frye Road | Fort Worth | TX |
| Net Lease Office Properties | Office | 3900 Paramount Parkway | Morrisville | NC |
| REIT | REITRating™ Score | Exchange | Market Capitalization | Sector | Country |
|---|---|---|---|---|---|
| Creative Media & Community Trust Corporation (CMCT) | 5.9 | NASDAQ | Micro-Cap | Office Hotel Residential | United States |
| Franklin Street Properties Corp. (FSP) | 5.8 | NYSE | Micro-Cap | Office | United States |
| Generation Income Properties Inc. (GIPR) | 4.1 | NASDAQ | Micro-Cap | Retail Office Industrial | United States |
| Gyrodyne Company of America, Inc. (GYRO) | N/A | NASDAQ | Micro-Cap | Industrial Office Health Care Diversified | United States |
| Income Opportunity Realty Trust (IOR) | N/A | NYSE | Micro-Cap | Office Residential | United States |
Last updated: 2026-06-27 - v7.2.2