1. Net Lease Office Properties (NLOP) is undervalued despite a 61% YTD share price increase; 2. Strong revenue generation from 47 office properties, with significant tenants like JPMorgan & Chase and CVS Health; 3. Asset sales have picked up, achieving good prices, but near-term lease expirations pose a risk; 4. Attractive investment potential due to undervaluation and successful asset dispositions; 5. Concerns about near-term lease expirations and potential rent concessions.