Nova Net Lease REIT

Nova Net Lease REITverified

NNLRF

Price:

$0.42

Market Cap:

$3.13M

The REIT was formed to acquire specialized industrial and retail properties leased to experienced, top-tier, creditworthy state-licensed operators for their Regulated Cannabis facilities ("Licensed Facilities") in the United States. The REIT intends to acquire properties through sale-leaseback transactions and lease such properties on a triple net lease basis for a targeted 10 to 15 year term and strives to negotiate annual rental rate increases in the leases. The REIT's portfolio will consist of only Licensed Facilities in the United States with a targeted mix of 80% cultivation/grow/processing facilities and 20% retail/dispensary. The REIT is internally managed by a vertically integrated t...[Read more]

Industry

REIT - Specialty

IPO Date

2022-09-15

Stock Exchange

OTC

Ticker

NNLRF

The Enterprise Value as of November 2025 (TTM) for Nova Net Lease REIT (NNLRF) is 4.99M

According to Nova Net Lease REIT’s latest financial reports and current stock price. The company's current Enterprise Value is 4.99M. This represents a change of 85.09% compared to the average of 2.69M of the last 4 quarters.

Nova Net Lease REIT (NNLRF) Historical Enterprise Value (quarterly & annually)

How has NNLRF Enterprise Value performed in the past?

The mean historical Enterprise Value of Nova Net Lease REIT over the last ten years is 1.25M. The current 4.99M Enterprise Value has changed 39.82% with respect to the historical average. Over the past ten years (40 quarters), NNLRF's Enterprise Value was at its highest in in the March 2024 quarter at 4.14M. The Enterprise Value was at its lowest in in the September 2023 quarter at 428.57K.

Quarterly (TTM)
Annual

Average

1.25M

Median

1.92M

Minimum

-354863.00

Maximum

2.18M

Nova Net Lease REIT (NNLRF) Enterprise Value by Quarter and Year

Discovering the peaks and valleys of Nova Net Lease REIT Enterprise Value, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 0%

Maximum Annual Enterprise Value = 2.18M

Minimum Annual Increase = -714.87%

Minimum Annual Enterprise Value = -354863.00

Quarterly (TTM)
Annual
YearEnterprise ValueChange
20231.92M-12.00%
20222.18M-714.87%

Nova Net Lease REIT (NNLRF) Average Enterprise Value

How has NNLRF Enterprise Value performed in the past?

The current Enterprise Value of Nova Net Lease REIT (NNLRF) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

1.25M

5-year avg

1.25M

10-year avg

1.25M

Nova Net Lease REIT (NNLRF) Enterprise Value vs. Peers

How is NNLRF’s Enterprise Value compared to its peers?

Nova Net Lease REIT’s Enterprise Value is less than Office Properties Income Trust (2.28B), less than Pennsylvania Real Estate Investment Trust (1.73B), less than Kingwell Group Limited (8.16M), greater than Aspen Digital Inc (2.60M), less than Pennsylvania Real Estate Investment Trust (1.73B), less than Pennsylvania Real Estate Investment Trust (1.73B), less than Urbi, Desarrollos Urbanos, S.A.B. de C.V. (405.89M), less than Holiday Island Holdings, Inc. (5.27M), greater than Pacific Oak Strategic Opportunity REIT, Inc. (-14548805.00), less than Strategic Realty Trust, Inc. (17.29M),

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Frequently asked questions❓

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How does the current Enterprise Value for Nova Net Lease REIT (NNLRF) compare to its historical average?