Market Capitalization (Millions $) |
590 |
Shares
Outstanding (Millions) |
21 |
Employees |
11 |
Revenues (TTM) (Millions $) |
90 |
Net Income (TTM) (Millions $) |
33 |
Cash Flow (TTM) (Millions $) |
27 |
Capital Exp. (TTM) (Millions $) |
25 |
One Liberty Properties Inc
One Liberty Properties Inc. is a publicly traded real estate investment trust (REIT) that acquires, owns, and manages a diversified portfolio of commercial real estate properties throughout the United States. The company was founded in 1982 and is based in Great Neck, New York.
One Liberty Properties specializes primarily in acquiring net-leased retail, industrial, and office properties. Net-leased properties are leased to tenants who are responsible for paying all operating expenses and property taxes, as well as the rent. This allows the company to generate stable, predictable cash flows over the long term.
As of 2021, One Liberty Properties owns a portfolio of 118 properties located in 30 states, covering a total of 10.2 million square feet of rentable space. The properties are diversified across various sectors, including office buildings, retail centers, industrial warehouses, and medical facilities. The company targets properties with long-term leases and stable tenant bases, which helps to reduce risk and ensure predictable income.
One Liberty Properties also has a track record of successfully repositioning and renovating properties to increase their value and income potential. In recent years, the company has focused on expanding its footprint in the industrial sector, which has shown significant growth due to the rise of e-commerce and online shopping.
One Liberty Properties has a disciplined approach to capital allocation, with a focus on maintaining a strong balance sheet and minimizing financial risk. The company has a history of paying steady dividends to its shareholders, with a current annual dividend yield of approximately 6%.
In summary, One Liberty Properties is a well-established and financially stable real estate investment trust that owns a diversified portfolio of commercial properties across the United States. The company has a focus on net-leased properties with stable tenants and a track record of repositioning and renovating properties to increase their value. Its disciplined approach to capital allocation and strong balance sheet make it an attractive investment for investors seeking reliable income streams.
Company Address: 60 Cutter Mill Road Great Neck 11021 NY
Company Phone Number: 466-3100 Stock Exchange / Ticker: NYSE OLP
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