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
Parent Company Target Corporation S&P/Moody’s Rating A / A2 Sector Retail ‑ General Merchandise / Big Box US Locations 1,960 Cap Rate Range 4.25–5.25% Typical Lease Term 20 years Guarantee Type Corporate Stock Ticker TGT (NYSE) Annual Revenue $106.6B (FY2024) Typical Price Range $10M–$30M Target Business Overview & NNN Investment Profile Target stands as America’s…

21st April 2026 | by the Investment Grade Team
Parent Company Walmart Inc. S&P/Moody’s Rating AA / Aa2 Sector Retail ‑ General Merchandise / Big Box US Locations 4,700 Cap Rate Range 4.0–5.0% Typical Lease Term 25 years Guarantee Type Corporate Stock Ticker WMT (NYSE) Annual Revenue $681.0B (FY2026) Typical Price Range $15M–$40M Walmart Business Overview & NNN Investment Profile Walmart stands as the…

21st April 2026 | by the Investment Grade Team
Parent Company Costco Wholesale Corporation S&P/Moody’s Rating A+/A1 Sector Grocery/Big Box US Locations 620 Cap Rate Range 4.0–5.0% Typical Lease Term 25 years Guarantee Type Corporate Stock Ticker COST (NASDAQ) Annual Revenue $260.0B (FY2025) Typical Price Range $20.0M–$50.0M Costco Business Overview & NNN Investment Profile Costco Wholesale operates as the world’s largest membership warehouse club,…

21st April 2026 | by the Investment Grade Team
Parent Company The Home Depot, Inc. S&P/Moody’s Rating A / A2 Sector Retail ‑ Home Improvement / Big Box US Locations 2,000 Cap Rate Range 4.25–5.25% Typical Lease Term 20 years Guarantee Type Corporate Stock Ticker HD (NYSE) Annual Revenue $159.5B (FY2025) Typical Price Range $15M–$35M Home Depot Business Overview & NNN Investment Profile Home…

21st April 2026 | by the Investment Grade Team
Parent Company Wells Fargo & Company S&P/Moody’s Rating A+/A1 Sector Banking US Locations 4,400 Cap Rate Range 4.9–5.2% Typical Lease Term 15 years Guarantee Type Corporate Stock Ticker WFC (NYSE) Annual Revenue $82.0B (FY2024) Typical Price Range $1.8M–$4.5M Wells Fargo Business Overview & NNN Investment Profile Wells Fargo operates as a major US bank with…

21st April 2026 | by the Investment Grade Team
Parent Company Bank of America Corporation S&P/Moody’s Rating A+/Aa2 Sector Banking US Locations 3,900 Cap Rate Range 5.0–5.3% Typical Lease Term 15 years Guarantee Type Corporate Stock Ticker BAC (NYSE) Annual Revenue $100.0B (FY2025) Typical Price Range $2.0M–$5.0M Bank of America Business Overview & NNN Investment Profile Bank of America operates as the second-largest US…

21st April 2026 | by the Investment Grade Team
Parent Company Walgreens Boots Alliance (Private, Sycamore Partners) S&P/Moody’s Rating NR (Private) ‑ Ba3/BB‑ (Former) Sector Pharmacy / Drug Store US Locations 7,500 Cap Rate Range 8.6–9.5% Typical Lease Term 25 years Guarantee Type Corporate Stock Ticker WBA (Previously NYSE, Now Private) Annual Revenue $147.0B (FY2024, last public) Typical Price Range $2.5M–$6.0M Walgreens Business Overview…

21st April 2026 | by the Investment Grade Team
Parent Company JPMorgan Chase & Co. S&P/Moody’s Rating A+/Aa2 Sector Banking US Locations 4,800 Cap Rate Range 5.0–5.3% Typical Lease Term 15 years Guarantee Type Corporate Stock Ticker JPM (NYSE) Annual Revenue $177.0B (FY2025) Typical Price Range $2.0M–$5.0M JPMorgan Chase Business Overview & NNN Investment Profile JPMorgan Chase operates as the largest US bank by…

21st April 2026 | by the Investment Grade Team
Parent Company Chick-fil-A, Inc. S&P/Moody’s Rating NR (Private Company) Sector Quick Service Restaurant (QSR) US Locations 3,000 Cap Rate Range 4.2–4.5% Typical Lease Term 20 years (Ground Lease) Guarantee Type Corporate Stock Ticker Private Annual Revenue $22.0B (est., FY2024) Typical Price Range $4.0M–$8.0M Chick-fil-A Business Overview & NNN Investment Profile Chick-fil-A operates as America’s highest…

21st April 2026 | by the Investment Grade Team
Parent Company Chipotle Mexican Grill, Inc. S&P/Moody’s Rating A–/A3 Sector Quick Service Restaurant (QSR) US Locations 4,051 Cap Rate Range 5.0–6.0% Typical Lease Term 15 years Guarantee Type Corporate Stock Ticker CMG (NYSE) Annual Revenue $11.9B (FY2025) Typical Price Range $2.5M–$5.0M Chipotle Business Overview & NNN Investment Profile Chipotle Mexican Grill operates as the highest-growth…
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