Professional
Added to YB: 2025-07-28
Pitch date: 2025-07-24
NLOP [neutral]
Net Lease Office Properties
-4.96%
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 (NYSE: NLOP) is a publicly traded real estate investment trust with a portfolio of 37 high-quality office properties, totaling approximately 5.
Market Cap
$293.3M
Pitch Price
$13.80
Price Target
50.00 (+281%)
Dividend
N/A
EV/EBITDA
3.11
P/E
-1.62
EV/Sales
2.64
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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