Exhibit 21.1

List of Subsidiaries of the Registrant

Entity NameState
GA 2 (Uncasville CT) LLCDelaware
GA 3 (Sinking Spring PA) LLCDelaware
GA 5 (Sterling MA) LLCDelaware
GA NA 1 (Lincoln IL) LLCDelaware
GA NA 3 (Mount Dora FL) LLCDelaware
NewLake Capital Partners, Inc.Maryland
NLCP 1 Oak Hill Rd MA, LLCDelaware
NLCP 1036 West Dekalb Pike PA, LLCDelaware
NLCP 1120 Cummins Dr MO, LLCDelaware
NLCP 1150 North 21St St OH, LLCDelaware
NLCP 1413 W North IL, LLCDelaware
NLCP 156 Lincoln MA, LLCMassachusetts
NLCP 2229 Diehl IL, LLCIllinois
NLCP 2301 16th Street Sw ND, LLCDelaware
NLCP 2400 West US Route 6 IL, LLCDelaware
NLCP 409 Baltimore Pike PA, LLCDelaware
NLCP 4645 De Soto CA, LLCCalifornia
NLCP 4758 N. Milwaukee IL, LLCIllinois
NLCP 500 W Misty Willow Ln AZ, LLCDelaware
NLCP 511 Industry PA, LLCPennsylvania
NLCP 520 Shamokin Street PA LLCPennsylvania
NLCP 7 Legion MA, LLCMassachusetts
NLCP 717 West Union Ave IL, LLCDelaware
NLCP 7303 Kanis Rd AR, LLCDelaware
NLCP 79 Gold Star Hwy CT, LLCDelaware
NLCP 939 Boston Turnpike MA LLCMassachusetts
NLCP 9930 West 190th St IL, LLCDelaware
NLCP 1645 Crane Way NV, LLCDelaware
NLCP 740 Ann St PA, LLCDelaware
NLCP 320 Cool Springs Rd MO, LLCDelaware
NLCP 502 Dixie Hwy OH, LLCDelaware
NLCP 910 Downing Ave PA, LLCDelaware
NLCP Operating Partnership LPDelaware
NLCP TRS, LLCDelaware