Net Lease REITs
What Are Net Lease REITs?
Net Lease Real Estate Investment Trusts (REITs) own commercial properties leased to tenants under long-term agreements where the tenant covers expenses like property taxes, insurance, and maintenance. These properties include retail stores, restaurants, and industrial facilities.
Why Invest?
Net lease REITs provide predictable cash flow and lower operational risks due to tenant-paid expenses. With long-term leases and creditworthy tenants, they offer stability and consistent dividends, making them attractive for income-focused investors.
Challenges & Outlook
Interest rate fluctuations and tenant bankruptcies can impact performance, but demand for essential businesses and corporate-backed leases support long-term growth. As companies seek cost-effective real estate solutions, net lease REITs remain a reliable investment option.
| Ticker Symbol | Company Name | Property Sector | Market Cap ($B) | Dividend Yield | Payout Frequency | Price-to-FFO | Debt Ratio | Short Interest | |
|---|---|---|---|---|---|---|---|---|---|
| WPC | W. P. Carey |  | Net Lease | 14.05 | 6.67% | Quarter | 12.4 | 33% | 1.6% |
| NNN | National Retail |  | Net Lease | 7.53 | 5.47% | Quarter | 12.8 | 32% | 2.0% |
| ADC | Agree Realty |  | Net Lease | 6.12 | 4.87% | Monthly | 15.4 | 23% | 1.6% |
| SRC | Spirit Realty |  | Net Lease | 5.94 | 6.38% | Quarter | 11.6 | 38% | 1.6% |
| EPRT | Essential Properties |  | Net Lease | 3.84 | 4.65% | Quarter | 14.0 | 30% | 5.9% |
| EPR | EPR Properties |  | Net Lease | 3.44 | 7.23% | Monthly | 8.8 | 50% | 2.6% |
| BNL | Broadstone |  | Net Lease | 3.11 | 6.86% | Quarter | 10.8 | 39% | 1.6% |
| FCPT | Four Corners Property |  | Net Lease | 2.25 | 5.56% | Quarter | 15.3 | 31% | 2.2% |
| GNL | Global Net Lease |  | Net Lease | 2.17 | 15.03% | Quarter | 7.8 | 62% | 2.9% |
| GTY | Getty Realty |  | Net Lease | 1.60 | 5.93% | Quarter | 14.4 | 31% | 2.5% |
| SAFE | Safehold Inc |  | Ground Lease | 1.55 | 3.25% | Quarter | 40.0 | 65% | 6.6% |
| NTST | NetStreit |  | Net Lease | 1.15 | 4.89% | Quarter | 14.4 | 33% | 13.7% |
| GOOD | Gladstone Commercial |  | Net Lease | 0.53 | 8.96% | Monthly | 9.3 | 41% | 2.7% |
| OLP | One Liberty |  | Net Lease | 0.46 | 8.29% | Quarter | 11.9 | 49% | 0.7% |
| PSTL | Postal Realty |  | Net Lease | 0.37 | 6.48% | Quarter | 15.7 | 37% | 0.9% |
| PINE | Alpine Income |  | Net Lease | 0.23 | 6.47% | Quarter | 11.5 | 52% | 1.4% |
| MDV | Modiv |  | Net Lease | 0.11 | 7.81% | Monthly | 13.7 | 48% | 0.2% |
| GIPR | Generation Income |  | Net Lease | 0.01 | 11.70% | Monthly | 40.0 | 75% | 0.2% |
