NewLake Capital Partners, Inc. Quarterly report pursuant to Section 13 or 15(d)

Note 3 - Investments in Real Estate (Tables)

9 Months Ended

Sep. 30, 2021

Land	$	9,248
Building and Improvements		78,523
In-Place Leases		25,595
Cash		64,355
Other Assets		154
Security Deposits Payable		(1,658	)
Tenant Improvements Payable		(4,384	)
Accounts Payable, Accrued Expenses and Other Liabilities		(2,015	)
Total purchase price, including transaction costs	$	169,818

Tenant	Market	Closing Date	Real Estate		In-Place Lease Costs		Transaction Costs		Total
Trulieve	Pennsylvania	March 17, 2021	$	32,776	$	12,098	$	783	$	45,657	⁽¹⁾
Columbia Care	Massachusetts	March 17, 2021		13,562		4,042		342		17,946
Columbia Care	Illinois	March 17, 2021		11,144		3,047		276		14,467
Curaleaf	Connecticut	March 17, 2021		2,876		433		64		3,373
PharmaCann	Massachusetts	March 17, 2021		2,047		356		47		2,450
Curaleaf	Arkansas	March 17, 2021		2,116		314		47		2,477
Curaleaf	Ohio	March 17, 2021		3,289		571		75		3,935
Curaleaf	Illinois	March 17, 2021		1,700		252		38		1,990
Curaleaf	Illinois	March 17, 2021		3,298		564		75		3,937
Columbia Care	Illinois	March 17, 2021		1,192		202		27		1,421
Curaleaf	North Dakota	March 17, 2021		2,133		348		48		2,529
Columbia Care	Massachusetts	March 17, 2021		2,276		366		51		2,693
Curaleaf	Illinois	March 17, 2021		1,005		174		23		1,202
PharmaCann	Massachusetts	March 17, 2021		805		268		21		1,094	⁽²⁾
Curaleaf	Pennsylvania	March 17, 2021		2,185		362		50		2,597
PharmaCann	Pennsylvania	March 17, 2021		1,289		251		30		1,570
Columbia Care	California	March 17, 2021		3,702		1,051		92		4,845
Curaleaf	Pennsylvania	March 17, 2021		1,881		314		43		2,238
Curaleaf	Illinois	March 17, 2021		583		97		13		693
*Subtotal of Merger properties*				89,859		25,110		2,145		117,114

Mint	Massachusetts	April 1, 2021		1,600				-		1,600
Mint	Arizona	June 24, 2021		2,710				-		2,710	⁽³⁾
Revolutionary	Massachusetts	June 30, 2021		42,275				585		42,860	⁽⁴⁾
*Total*			$	136,444	$	25,110	$	2,730	$	164,284

Year	Amortization Expenses
2021 (three months ending December 31)	$	502
2022		2,013
2023		2,013
2024		2,013
2025		2,013
Thereafter		15,950
Total	$	24,504

Year	Contractual Minimum Rent
2021 (three months ending December 31)	$	8,206
2022		34,966
2023		36,793
2024		37,746
2025		38,725
Thereafter		442,813
Total	$	599,249