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.


20th April 2026 | by the Investment Grade Team
Metric Details Parent / Legal Entity Fast Pace Health (parent operating entity) S&P / Moody‑s / Fitch Not rated (private company, no public debt) Investment Grade Status Not Rated — Private Equity-Backed Growth Chain Sector Healthcare — Rural / Small-Town Urgent Care Ownership Private — Revelstoke Capital Partners (Denver-based PE firm) US Location Count ~270…

20th April 2026 | by the Investment Grade Team
Metric Details Entity / Legal Name Octapharma Plasma, Inc. (subsidiary of Octapharma AG) Parent Company Octapharma AG (Switzerland, privately held) S&P / Moody‑s Rating Not Rated (private company) Investment Grade Status Private / Not Rated Sector Healthcare / Plasma Collection & Biopharmaceutical Headquarters Charlotte, North Carolina (US operations) Parent HQ Lachen, Switzerland US Center Count…

20th April 2026 | by the Investment Grade Team
Metric Details Entity / Legal Name Capital Vision Services LLC (d/b/a MyEyeDr.) Sponsor / Owner Goldman Sachs Asset Management & Charlesbank Capital Partners S&P / Moody‑s Rating NR / B3 Rating Outlook Stable (Moody‑s) Investment Grade Status Non‑Investment Grade — Highly Speculative Sector Healthcare / Vision Care & Optical Retail Headquarters Vienna, Virginia US Location…

20th April 2026 | by the Investment Grade Team
Metric Details Entity / Legal Name Smile Brands Inc. S&P / Moody‑s Rating NR / Caa1 Rating Outlook Stable (Moody‑s) Investment Grade Status Non‑Investment Grade — Substantial Risk Sector Healthcare / Dental Support Organization (DSO) Headquarters Irvine, California Affiliated Office Count ~400 offices across 20+ states Brands Bright Now! Dental, Monarch Dental, Castle Dental, others…

20th April 2026 | by the Investment Grade Team
Metric Details Entity / Legal Name Pacific Dental Services LLC (d/b/a PDS Health) S&P Rating B Moody‑s Rating B2 Rating Outlook Stable Investment Grade Status Non‑Investment Grade — Highly Speculative Sector Healthcare / Dental Support Organization (DSO) Headquarters Irvine, California Supported Office Count 900+ offices across 25+ states Annual Revenue ~$2.5 billion+ (estimated 2025) Cap…

20th April 2026 | by the Investment Grade Team
Metric Details Entity / Legal Name MedExpress Urgent Care (subsidiary of Optum / UnitedHealth Group) Parent Company UnitedHealth Group (NYSE: UNH) S&P / Moody‑s Rating (UNH Parent) A+ / A3 Investment Grade Status Investment Grade (via UnitedHealth Group parent) Sector Healthcare / Urgent Care Headquarters Morgantown, West Virginia US Location Count 200+ centers across 18…

20th April 2026 | by the Investment Grade Team
Metric Details Entity / Legal Name Select Physical Therapy (brand of Select Medical Corporation, NYSE: SEM) S&P / Moody‑s Rating S&P B+ / Moody‑s B1 Rating Outlook Stable Investment Grade Status Non‑Investment Grade — Speculative Sector Healthcare / Outpatient Rehabilitation Headquarters Mechanicsburg, Pennsylvania Outpatient Clinic Count 1,917 clinics in 39 states + DC Total Facilities…

20th April 2026 | by the Investment Grade Team
Metric Details Entity / Legal Name VCA, Inc. (d/b/a VCA Animal Hospitals) Parent Company Mars, Incorporated (Mars Veterinary Health division) S&P Rating (Mars Parent) A (Standard & Poor‑s) Rating Outlook Stable Investment Grade Status Investment Grade (via Mars, Inc. parent) Sector Healthcare / Veterinary Services Headquarters Los Angeles, California (Mars HQ: McLean, Virginia) US Hospital…

20th April 2026 | by the Investment Grade Team
Metric Details Entity / Legal Name Encompass Health Corporation (NYSE: EHC) S&P / Moody‑s Rating S&P BB / Moody‑s Ba2 Rating Outlook Stable (S&P) / Positive (Moody‑s) Investment Grade Status Non‑Investment Grade — Speculative (near IG threshold) Sector Healthcare / Inpatient Rehabilitation Headquarters Birmingham, Alabama Hospital Count 173 inpatient rehabilitation hospitals in 39 states +…

20th April 2026 | by the Investment Grade Team
Metric Details Entity / Legal Name Acadia Healthcare Company, Inc. (NASDAQ: ACHC) S&P / Moody‑s Rating S&P B+ / Moody‑s B1 Rating Outlook Stable Investment Grade Status Non‑Investment Grade — Speculative Sector Healthcare / Behavioral Health & Addiction Treatment Headquarters Franklin, Tennessee Facility Count 277 behavioral healthcare facilities (as of Dec 2025) Licensed Beds 12,500+…
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