Net Lease Properties
1,475
Total Square Feet
180M
Annualized Base Rent
$1.5B
Occupancy Rate
99.0%
Tenants
398
Leases with Rent Escalations
99.1%
Unless stated otherwise, portfolio information is as of June 30, 2023 and does not reflect the announcement regarding W. P. Carey’s strategic plan to exit office made on September 21, 2023. For more information on the separation and distribution agreement that is expected to be entered into between Net Lease Office Properties (NLOP) and W. P. Carey (WPC), view the Investor Presentation.
Global knowledge, local market insights, multi-sector expertise
Our ability to invest in different property types, geographies and tenant industries provides a wider opportunity set for new acquisitions, thereby expanding our expertise and insulating us from local market disruptions.
View in Table FormatGeographic Diversification
Portfolio information reflects pro rata ownership of real estate assets (excluding operating properties) as of June 30, 2023. Other includes Canada, Mexico and Japan. Numbers may not add to 100% due to rounding.
Property Type Diversification
Portfolio information reflects pro rata ownership of real estate assets (excluding operating properties) as of June 30, 2023. Other includes education facility, hotel (net lease), laboratory, specialty, fitness facility, research and development, student housing (net lease), theater, funeral home, restaurant, land, parking and outdoor advertising. Numbers may not add to 100% due to rounding.
Tenant Industry Diversification
Portfolio information reflects pro rata ownership of real estate assets (excluding operating properties) as of June 30, 2023. Retail Stores includes automotive dealerships. Other includes tenants in the following industries: aerospace and defense, wholesale, media: advertising, printing and publishing, oil and gas, media: broadcasting and subscription, utilities: electric, environmental industries, consumer transportation, forest products and paper, electricity, finance and real estate.
Geographic Diversification
Portfolio information reflects pro rata ownership of real estate assets (excluding operating properties) as of June 30, 2023. Other includes Canada, Mexico and Japan. Numbers may not add to 100% due to rounding.
Property Type Diversification
Portfolio information reflects pro rata ownership of real estate assets (excluding operating properties) as of June 30, 2023. Other includes education facility, hotel (net lease), laboratory, specialty, fitness facility, research and development, student housing (net lease), theater, funeral home, restaurant, land, parking and outdoor advertising. Numbers may not add to 100% due to rounding.
Tenant Industry Diversification
Portfolio information reflects pro rata ownership of real estate assets (excluding operating properties) as of June 30, 2023. Retail Stores includes automotive dealerships. Other includes tenants in the following industries: aerospace and defense, wholesale, media: advertising, printing and publishing, oil and gas, media: broadcasting and subscription, utilities: electric, environmental industries, consumer transportation, forest products and paper, electricity, finance and real estate.
Top 10 Tenants
Our top ten tenants represent 19.0% of ABR and have a weighted average lease term of 12.4 years.
-
1
U-Haul
78 net lease self-storage properties in the U.S.
Total Base Rent (%): 2.6%
Lease Term (Years Remaining): 0.8
-
2
State of Andalucia
70 government office properties in Spain
Total Base Rent (%): 2.2%
Lease Term (Years Remaining): 11.5
-
3
Apotex Pharmaceutical Holdings
11 pharmaceutical R&D and advanced manufacturing properties in Canada
Total Base Rent (%): 2.1%
Lease Term (Years Remaining): 19.8
-
4
Metro Cash & Carry
20 business-to-business wholesale stores in Italy and Germany
Total Base Rent (%): 2.0%
Lease Term (Years Remaining): 5.2
-
5
Hellweg
35 do-it-yourself retail properties in Germany
Total Base Rent (%): 2.10%
Lease Term (Years Remaining): 13.7
-
6
Extra Space Storage, Inc.
27 net lease self-storage properties in the U.S.
Total Base Rent (%): 1.7%
Lease Term (Years Remaining): 20.8
-
7
OBI Group
26 DIY retail properties in Poland
Total Base Rent (%): 1.7%
Lease Term (Years Remaining): 8.0
-
8
ABC Technologies
23 automotive component manufacturing properties in North America
Total Base Rent (%): 1.7%
Lease Term (Years Remaining): 19.8
-
9
Nord Anglia Education, Inc.
3 K-12 private schools in the U.S.
Total Base Rent (%): 1.5%
Lease Term (Years Remaining): 20.2
-
10
Fortenova Grupa
19 grocery stores and warehouses in Croatia
Total Base Rent (%): 1.5%
Lease Term (Years Remaining): 10.8
-
1
U-Haul
78 net lease self-storage properties in the U.S.
Total Base Rent (%): 2.6%
Lease Term (Years Remaining): 0.8
-
2
State of Andalucia
70 government office properties in Spain
Total Base Rent (%): 2.2%
Lease Term (Years Remaining): 11.5
-
3
Apotex Pharmaceutical Holdings
11 pharmaceutical R&D and advanced manufacturing properties in Canada
Total Base Rent (%): 2.1%
Lease Term (Years Remaining): 19.8
-
4
Metro Cash & Carry
20 business-to-business wholesale stores in Italy and Germany
Total Base Rent (%): 2.0%
Lease Term (Years Remaining): 5.2
-
5
Hellweg
35 do-it-yourself retail properties in Germany
Total Base Rent (%): 2.10%
Lease Term (Years Remaining): 13.7
-
6
Extra Space Storage, Inc.
27 net lease self-storage properties in the U.S.
Total Base Rent (%): 1.7%
Lease Term (Years Remaining): 20.8
-
7
OBI Group
26 DIY retail properties in Poland
Total Base Rent (%): 1.7%
Lease Term (Years Remaining): 8.0
-
8
ABC Technologies
23 automotive component manufacturing properties in North America
Total Base Rent (%): 1.7%
Lease Term (Years Remaining): 19.8
-
9
Nord Anglia Education, Inc.
3 K-12 private schools in the U.S.
Total Base Rent (%): 1.5%
Lease Term (Years Remaining): 20.2
-
10
Fortenova Grupa
19 grocery stores and warehouses in Croatia
Total Base Rent (%): 1.5%
Lease Term (Years Remaining): 10.8
Portfolio Map
Portfolio information reflects pro rata ownership of real estate assets (excluding operating properties) as of June 30, 2023.
View in Table Format