MDRR vs SQFT vs NXRT vs GOOD vs IIPR

For growth investors, Gladstone Commercial Corporation (GOOD) is the stronger pick with 8.

0% revenue growth year-over-year, versus -13. 8% for Innovative Industrial Properties, Inc. (IIPR). Innovative Industrial Properties, Inc. (IIPR) offers the better valuation at 14. 4x trailing P/E (13. 2x forward), making it the more compelling value choice. Analysts rate Gladstone Commercial Corporation (GOOD) a "Buy" — based on 14 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.

On trailing P/E, Innovative Industrial Properties, Inc.

(IIPR) is the cheapest at 14. 4x versus Gladstone Commercial Corporation at 31. 0x. On forward P/E, Innovative Industrial Properties, Inc. is actually cheaper at 13. 2x. The PEG ratio (P/E divided by earnings growth rate) is the most growth-adjusted single valuation metric: Gladstone Commercial Corporation wins at 2. 34x versus Innovative Industrial Properties, Inc. 's 3. 52x.

Over the past 5 years, Gladstone Commercial Corporation (GOOD) delivered a total return of -9.

7%, compared to -71. 3% for Presidio Property Trust, Inc. (SQFT). Over 10 years, the gap is even starker: IIPR returned +436. 4% versus MDRR's -80. 2%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.

By beta (market sensitivity over 5 years), Medalist Diversified REIT, Inc.

(MDRR) is the lower-risk stock at -0. 35β versus Innovative Industrial Properties, Inc. 's 0. 92β — meaning IIPR is approximately -363% more volatile than MDRR relative to the S&P 500. On balance sheet safety, Medalist Diversified REIT, Inc. (MDRR) carries a lower debt/equity ratio of 3% versus 5% for NexPoint Residential Trust, Inc. — giving it more financial flexibility in a downturn.

By revenue growth (latest reported year), Gladstone Commercial Corporation (GOOD) is pulling ahead at 8.

0% versus -13. 8% for Innovative Industrial Properties, Inc. (IIPR). On earnings-per-share growth, the picture is similar: Gladstone Commercial Corporation grew EPS 57. 7% year-over-year, compared to -79. 2% for Medalist Diversified REIT, Inc.. Over a 3-year CAGR, GOOD leads at 2. 7% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.

Innovative Industrial Properties, Inc.

(IIPR) is the more profitable company, earning 43. 0% net margin versus -135. 4% for Presidio Property Trust, Inc. — meaning it keeps 43. 0% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: IIPR leads at 46. 7% versus -2. 0% for SQFT. At the gross margin level — before operating expenses — IIPR leads at 88. 7%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.

The PEG ratio (forward P/E divided by expected earnings growth rate) is the most precise measure of undervaluation relative to growth potential.

By this metric, Gladstone Commercial Corporation (GOOD) is the more undervalued stock at a PEG of 2. 34x versus Innovative Industrial Properties, Inc. 's 3. 52x. Both stocks trade at elevated growth-adjusted valuations, so expected growth needs to materialise. On forward earnings alone, Innovative Industrial Properties, Inc. (IIPR) trades at 13. 2x forward P/E versus 83. 0x for Gladstone Commercial Corporation — 69. 8x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for GOOD: 2. 2% to $13. 00.

All stocks in this comparison pay dividends.

Innovative Industrial Properties, Inc. (IIPR) offers the highest yield at 13. 5%, versus 4. 3% for Medalist Diversified REIT, Inc. (MDRR).

For long-horizon retirement investors, Medalist Diversified REIT, Inc.

(MDRR) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β -0. 35), 4. 3% yield). Both have compounded well over 10 years (MDRR: -80. 2%, SQFT: -74. 3%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.

Both stocks operate in the Real Estate sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.

In terms of investment character: MDRR is a small-cap income-oriented stock; SQFT is a small-cap income-oriented stock; NXRT is a small-cap income-oriented stock; GOOD is a small-cap income-oriented stock; IIPR is a small-cap deep-value stock. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.