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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |