Investment grade analysis and cap rate data for all major NNN net lease tenants. InvestmentGrade.com covers 200+ tenants across QSR, pharmacy, dollar stores, banking, industrial, and all commercial real estate sectors.


21st April 2026 | by the Investment Grade Team
Avis / Budget Group BB+/Ba1 credit rating analysis. Below investment grade car rental operator. NNN and sale-leaseback lease analysis for investors. Q1 2026 guide.

21st April 2026 | by the Investment Grade Team
BP / AMOCO NNN cap rate analysis. BP plc rated A-/A2. ~7,300 US branded sites, 5.0-6.5% cap rates, 10-20 year NNN and ground leases. Q1 2026 investor guide.

21st April 2026 | by the Investment Grade Team
Big O Tires NNN cap rate analysis. Backed by Sumitomo Corporation (A-/A2). 400+ franchise locations, 5.75-7.0% cap rates, 15-20 year NNN leases. Q1 2026 investor guide.

21st April 2026 | by the Investment Grade Team
AutoNation BBB‑/Baa3 rated NNN cap rate analysis. America’s largest auto retailer, 244 stores, 6.0–7.5% cap rates, 15–20 year absolute NNN leases. Q1 2026 investor guide.

21st April 2026 | by the Investment Grade Team
Metric Details Parent Company Advance Auto Parts, Inc. S&P Rating / Outlook BB / Negative (Downgraded July 2025) Moody’s Rating / Outlook Ba3 / Negative (Downgraded July 2025) Investment Grade Status Non-Investment Grade / High Yield (as of July 2025) Sector Auto Parts Retail US Locations ~4,800 (declining from store rationalization) Cap Rate Range 6.5–8.0%…

21st April 2026 | by the Investment Grade Team
Tenant AutoZone Inc. Credit Rating BBB/Baa2 Total US Locations 6,300 Typical Cap Rate Range 5.75‑6.75% Lease Structure 15-year absolute NNN Corporate Guarantee Corporate guarantee standard Typical Deal Size $1.5‑3.5M Business Overview AutoZone Inc. operates 6,300 aftermarket automotive parts and accessories locations across the United States, positioning itself as the dominant independent auto parts retailer. With…

21st April 2026 | by the Investment Grade Team
Parent Company Bed Bath & Beyond Inc. Rating BB+ / Ba1 Sector Off-Price Retail US Locations 880 Cap Rate Range 6.5% – 7.5% Lease Term 12 years Guarantee Corporate Ticker BBBY Annual Revenue $9.2B Price Range $900,000 – $2,200,000 Business Overview Burlington maintains below-investment-grade credit ratings of BB+ / Ba1, indicating elevated financial risk and…

21st April 2026 | by the Investment Grade Team
Tenant Lowe’s Companies Inc. Credit Rating BBB+/Baa1 Total US Locations 1,750 Typical Cap Rate Range 4.5‑5.5% Lease Structure 20-year absolute NNN Corporate Guarantee Corporate guarantee standard Typical Deal Size $15‑35M Business Overview Lowe’s Companies Inc. operates 1,750 home improvement stores across the United States, positioning itself as a market leader alongside Home Depot. With a…

21st April 2026 | by the Investment Grade Team
Parent Company Best Buy Co., Inc. S&P/Moody’s Rating BBB+/Baa1 Sector Specialty Retail/Electronics US Locations 1,000 Cap Rate Range 5.25–6.5% Typical Lease Term 15 years Guarantee Type Corporate Stock Ticker BBY (NYSE) Annual Revenue $42.2B (FY2025) Typical Price Range $4.0M–$12.0M Best Buy Business Overview & NNN Investment Profile Best Buy operates as the leading specialty electronics…

21st April 2026 | by the Investment Grade Team
Parent Company The Kroger Co. S&P/Moody’s Rating BBB/Baa1 Sector Grocery/Big Box US Locations 2,700 Cap Rate Range 5.0–6.25% Typical Lease Term 20 years Guarantee Type Corporate Stock Ticker KR (NYSE) Annual Revenue $150.0B (FY2024) Typical Price Range $8.0M–$20.0M Kroger Business Overview & NNN Investment Profile Kroger operates as the largest pure-play US grocery retailer, maintaining…
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