Net Lease Office Properties is a real estate investment trust that acquires, owns, and leases office properties across the United States to institutional and corporate tenants. The company generates revenue through base rent and other lease-related income from its portfolio of net lease office properties, which it manages with the goal of generating steady cash flows from long-term tenant leases and returning capital to shareholders. As a REIT, the company is required to distribute a substantial portion of its taxable income annually to shareholders while maintaining a diversified tenant base across multiple sectors.