<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/ownership" xmlns:com="http://www.sec.gov/edgar/common">
  <!-- Generated by Workiva -->
  <headerData>
    <submissionType>144</submissionType>
    <filerInfo>
      <filer>
        <filerCredentials>
          <cik>0001442627</cik>
          <ccc>XXXXXXXX</ccc>
        </filerCredentials>
      </filer>
      <liveTestFlag>LIVE</liveTestFlag>



    </filerInfo>
  </headerData>
  <formData>
    <issuerInfo>
      <issuerCik>0001854964</issuerCik>
      <issuerName>NewLake Capital Partners, Inc.</issuerName>
      <secFileNumber>000-56327</secFileNumber>
      <issuerAddress>
        <com:street1>50 Locust Ave, First Floor</com:street1>
        <com:city>New Canaan</com:city>
        <com:stateOrCountry>CT</com:stateOrCountry>
        <com:zipCode>06840</com:zipCode>
      </issuerAddress>
      <issuerContactPhone>203-594-1402</issuerContactPhone>
      <nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>David Weinstein</nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>
      <relationshipsToIssuer>
        <relationshipToIssuer>Director</relationshipToIssuer>
      </relationshipsToIssuer>
    </issuerInfo>
    <securitiesInformation>
      <securitiesClassTitle>Common Stock, par value $0.01 per share</securitiesClassTitle>
      <brokerOrMarketmakerDetails>
        <name>Fidelity Investments</name>
        <address>
          <com:street1>P.O. Box 770001</com:street1>
          <com:city>Cincinnati</com:city>
          <com:stateOrCountry>OH</com:stateOrCountry>
          <com:zipCode>45277-0002</com:zipCode>
        </address>
      </brokerOrMarketmakerDetails>
      <noOfUnitsSold>30000</noOfUnitsSold>
      <aggregateMarketValue>579600</aggregateMarketValue>
      <noOfUnitsOutstanding>20512156</noOfUnitsOutstanding>
      <approxSaleDate>12/16/2024</approxSaleDate>
      <securitiesExchangeName>OTCQX Best Market</securitiesExchangeName>
    </securitiesInformation>
    <securitiesToBeSold>
      <securitiesClassTitle>Common Stock, par value $0.01 per share</securitiesClassTitle>
      <acquiredDate>08/13/2021</acquiredDate>
      <natureOfAcquisitionTransaction>Purchase</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>NewLake Capital Partners, Inc.</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>42872</amountOfSecuritiesAcquired>
      <paymentDate>08/13/2021</paymentDate>
      <natureOfPayment>Cash</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Common Stock, par value $0.01 per share</securitiesClassTitle>
      <acquiredDate>08/13/2021</acquiredDate>
      <natureOfAcquisitionTransaction>Vesting of Restricted Stock Units</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>NewLake Capital Partners, Inc.</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>121135</amountOfSecuritiesAcquired>
      <paymentDate>12/14/2021</paymentDate>
      <natureOfPayment>Compensation</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Common Stock, par value $0.01 per share</securitiesClassTitle>
      <acquiredDate>12/14/2021</acquiredDate>
      <natureOfAcquisitionTransaction>Vesting of Restricted Stock Units</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>NewLake Capital Partners, Inc.</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>2812</amountOfSecuritiesAcquired>
      <paymentDate>12/14/2021</paymentDate>
      <natureOfPayment>Compensation</natureOfPayment>
    </securitiesToBeSold>
    <nothingToReportFlagOnSecuritiesSoldInPast3Months>Y</nothingToReportFlagOnSecuritiesSoldInPast3Months>
    <noticeSignature>
      <noticeDate>12/16/2024</noticeDate>
      <planAdoptionDates>
        <planAdoptionDate>12/16/2024</planAdoptionDate>
      </planAdoptionDates>
      <signature>/s/David Weinstein</signature>
    </noticeSignature>
  </formData>
</edgarSubmission>
