Net Lease Office Properties NLOP
NYSE NLOP
$11.11 -0.05 (-0.45%)
As of: Sep 9, 2026 · 3:59 PM EDT

Net Lease Office Properties (NLOP) Rent Expense (2022 - 2026)

Net Lease Office Properties (NLOP) posted Rent Expense of $488000.0 for Q2 2026, down 30.58% on a QoQ basis from $703000.0 in Q1 2026, and down 78.25% year-over-year from $2.2 million in Q2 2025.

Analysis

Net Lease Office Properties (NLOP) Rent Expense (2022 - 2026) Analysis & Trends

Net Lease Office Properties has reported Rent Expense for 5 years, with the latest figure at $488000.0 in Q2 2026.

  • On a quarterly basis, Rent Expense fell 78.25% year-over-year to $488000.0 in Q2 2026; TTM through Jun 2026 was $5.1 million, a 52.51% decrease from a year earlier, with the FY2025 full-year figure at $8.6 million, down 21.22% from the prior year.
  • Rent Expense was $488000.0 for Q2 2026 at Net Lease Office Properties, down from $703000.0 in the prior quarter.
  • The five-year high for Rent Expense was $3.0 million in Q3 2024, with the low at $488000.0 in Q2 2026.
  • Average Rent Expense over 5 years is $2.1 million, with a median of $2.1 million recorded in 2022.
  • The sharpest annual moves came in 2024 and 2026: Rent Expense surged 36.99% in 2024, then sank 78.25% in 2026.
  • Over 5 years, Rent Expense stood at $2.1 million in 2022, then gained by 2.46% to $2.2 million in 2023, then soared by 36.99% to $3.0 million in 2024, then plunged by 33.99% to $2.0 million in 2025, then slumped by 75.05% to $488000.0 in 2026.
  • The last three Rent Expense figures came in at $488000.0 (Q2 2026), $703000.0 (Q1 2026), and $2.0 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Rental Exp. (Qtr)
1 Brookfield Property Partners 16.02 Bn 14.53 Bn - -
2 Alexandria Real Estate Equities 9.17 Bn 11.68 Bn - -
3 Cousins Properties 4.79 Bn 4.79 Bn 183.86 Mn -
4 Kilroy Realty 4.32 Bn 4.54 Bn 212.24 Mn 3.28 Mn
5 Copt Defense Properties 3.99 Bn 4.04 Bn 191.37 Mn -
6 Sl Green Realty 3.93 Bn 4.23 Bn 263.98 Mn -
7 Highwoods Properties 3.44 Bn 3.29 Bn - -
8 Douglas Emmett 1.91 Bn 3.23 Bn 178.95 Mn -
9 American Assets Trust 1.35 Bn 1.29 Bn - -
10 Net Lease Office Properties 162.51 Mn 166.41 Mn 6.15 Mn 488,000.00
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 488,000.00
Mar 31, 2026 703,000.00
Dec 31, 2025 1.96 Mn
Sep 30, 2025 1.93 Mn
Jun 30, 2025 2.24 Mn
Mar 31, 2025 2.46 Mn
Dec 31, 2024 2.96 Mn
Sep 30, 2024 3.04 Mn
Jun 30, 2024 2.65 Mn
Mar 31, 2024 2.25 Mn
Dec 31, 2023 2.16 Mn
Sep 30, 2023 2.35 Mn
Jun 30, 2023 2.06 Mn
Mar 31, 2023 2.07 Mn
Dec 31, 2022 2.11 Mn
Sep 30, 2022 1.78 Mn