Professional
Added to YB: 2025-07-28
Pitch date: 2025-07-24
NLOP [neutral]
Net Lease Office Properties
+10.65%
current return
Author Info
Alluvial Capital is an investment manager with a focus on overlooked and obscure securities around the world. Sign up for the newsletter.
Company Info
Net Lease Office Properties is a publicly traded real estate investment trust that owns a portfolio of high-quality, single-tenant properties located in the U.
Market Cap
$195.8M
Pitch Price
$10.68
Price Target
50.00 (+323%)
Dividend
51.06%
EV/EBITDA
1.55
P/E
-1.35
EV/Sales
0.97
Sector
Office REITs
Category
value
Alluvial Fund Portfolio Holding: Net Lease Office Properties
NLOP (holding update): Successfully sold vacant TX office at $80/sqft. Marketing more high-value properties. $3/share cash on hand + monthly inflows. Trading at 18% cap rate (ex-mortgaged properties). Price target $45-50/share.
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