NNN Tenant Credit Ratings

Investment grade means BBB- or higher from S&P (or Fitch), or Baa3 or higher from Moody's. Ratings appear only after we verify them against a cited source and date them; until then a tenant reads "Not yet verified". Listing counts are active listings as of October 15, 2026.

Automotive and fuel

• Caliber Collision properties
• Take 5 Oil Change properties
• AutoZone properties
• Jiffy Lube properties
• Valvoline properties
• Advance Auto Parts properties
• Mister Car Wash properties
• O'Reilly Auto Parts properties
• Club Car Wash properties
• Goodyear properties
• NAPA Auto Parts properties
• Mavis Discount Tire properties
• Murphy USA properties
• Shell properties
• Town Fair Tire properties
• Big O Tires properties
• Discount Tire properties
• Pep Boys properties
• Splash Car Wash properties
• Tire Kingdom properties
• BP properties
• Firestone properties
• Mavis Tires & Brakes properties
• Meineke properties
• QuikTrip properties
• Whistle Express Car Wash properties
• Zips Car Wash properties
• America's Tire properties
• Christian Brothers properties
• Midas properties
• Sparkle Express Car Wash, Inc. properties
• Speedway properties
• Take 5 Car Wash properties
• The Goodyear Tire & Rubber Company properties
• Tires Plus properties
• Tommy's Express Car Wash properties
• WhiteWater Express Car Wash properties
• Amoco properties
• AutoNation properties
• Avis properties
• Bridgestone properties
• Budget properties
• Chevron properties
• Exxon properties
• Hertz properties
• Marathon properties
• Mobil properties
• Phillips 66 properties
• Sinclair properties
• Sunoco properties
• Valero properties

Banks

• Chase properties
• Bank of America properties
• U.S. Bank properties
• Wells Fargo properties
• PNC properties
• Truist properties
• Bank properties
• KeyBank properties
• Regions properties
• TD Bank properties
• BMO Bank properties
• Capital One properties
• Citibank properties
• Citizens Bank properties
• Comerica properties
• Fifth Third properties
• Huntington properties
• M&T Bank properties

Big box and large retail

• Best Buy properties
• Tractor Supply properties
• Big Lots properties
• Kohl's properties
• PetSmart properties
• Planet Fitness properties
• Costco properties
• Harbor Freight properties
• Marshalls properties
• Ross Dress for Less properties
• Sam's Club properties
• BJ's Wholesale properties
• Burlington properties
• Dick's Sporting Goods properties
• Floor & Decor properties
• Home Depot properties
• HomeGoods properties
• Lowe's properties
• Michaels properties
• Petco properties
• Ulta Beauty properties
• Barnes & Noble properties
• Dillard's properties
• DSW properties
• Dunham's Sports properties
• Five Below properties
• Gap properties
• JCPenney properties
• Life Time properties
• Macy's properties
• Nordstrom properties
• Office Depot properties
• Old Navy properties
• Ollie's properties
• Staples properties
• Target properties
• The Container Store properties
• TJ Maxx properties
• Walmart properties

Convenience

• 7-Eleven properties
• Circle K properties
• Wawa properties
• Sheetz properties
• Maverik properties
• RaceTrac properties
• BP (Crescent Oil) properties
• BP Fuel / Dino Stop C-Store properties
• BP Products North America, Inc. properties
• Green Valley Grocery & Shell properties
• Casey's properties
• Kum & Go properties
• Love's properties

Dollar stores

• Dollar General properties
• Family Dollar properties
• Dollar Tree properties

Drug and pharmacy

• Walgreens properties
• CVS properties

Grocery

• Aldi properties
• Sprouts properties
• Grocery Outlet properties
• Food Lion properties
• Save-A-Lot properties
• Tiny Sprouts Daycare properties
• Albertsons properties
• Amazon Fresh properties
• Giant Eagle properties
• Giant Food properties
• Hy-Vee properties
• IGA properties
• Kroger properties
• Meijer properties
• Piggly Wiggly properties
• Publix properties
• Trader Joe's properties
• Whole Foods properties
• Winn-Dixie properties

Healthcare

• Heartland Dental properties
• Fast Pace Urgent Care properties
• Fresenius properties
• Aspen Dental properties
• DaVita properties
• Charleston Urgent Care properties
• Henry Ford–GoHealth Urgent Care properties
• CAVA & Heartland Dental properties
• GoHealth Urgent Care properties
• Hometown Urgent Care (WellNow) properties
• QuickVisit Urgent Care properties
• Urgent Care properties
• Acadia Healthcare properties
• AFC Urgent Care properties
• Ascension properties
• Athletico properties
• ATI Physical Therapy properties
• Banfield Pet Hospital properties
• BioLife Plasma properties
• CityMD properties
• Concentra properties
• CSL Plasma properties
• Encompass Health properties
• EyeCare Partners properties
• Grifols properties
• HCA Healthcare properties
• Labcorp properties
• MedExpress properties
• MyEyeDr properties
• National Vision properties
• NextCare properties
• Oak Street Health properties
• Octapharma Plasma properties
• Pacific Dental Services properties
• Quest Diagnostics properties
• Select Physical Therapy properties
• Smile Brands properties
• VCA Animal Hospitals properties
• WellNow properties

Restaurants

• Wendy's properties
• Starbucks properties
• Burger King properties
• Chipotle properties
• Taco Bell properties
• Chick-fil-A properties
• KFC properties
• McDonald's properties
• Popeyes properties
• Arby's properties
• Hardee's properties
• Dunkin' properties
• Bojangles properties
• Raising Cane's properties
• Zaxby's properties
• Jack in the Box properties
• Whataburger properties
• IHOP properties
• Sonic properties
• Applebee's properties
• Buffalo Wild Wings properties
• Dairy Queen properties
• Olive Garden properties
• Outback Steakhouse properties
• Tim Hortons properties
• Carl's Jr. properties
• Carrabba's properties
• KFC | Taco Bell properties
• Subway properties
• AT&T, Papa John's & PMA properties
• Chili's properties
• Culver's properties
• Domino's properties
• Jimmy John's properties
• KFC & Taco Bell properties
• Little Caesars properties
• Panda Express properties
• LongHorn Steakhouse properties
• Steak 'n Shake properties

Retail other

• Dutch Bros Coffee properties
• Pizza Hut properties
• Red Lobster properties
• KinderCare properties
• 7 Brew properties
• Bob Evans properties
• Black Rock Coffee properties
• Express Oil Change properties
• Sherwin-Williams properties
• Church's Chicken properties
• Denny's properties
• Mattress Firm properties
• McAlister's Deli properties
• Panera Bread properties
• Verizon properties
• El Pollo Loco properties
• Five Guys properties
• Grease Monkey properties
• LA Fitness properties
• Checkers properties
• Del Taco properties
• Golden Corral properties
• Qdoba properties
• Rally's properties
• Red Robin properties
• Shake Shack properties
• T-Mobile properties
• Tidal Wave Auto Spa properties
• Andy's Frozen Custard properties
• Auntie Anne's properties
• Biggby Coffee properties
• Boot Barn properties
• Captain D's properties
• Enterprise properties
• Fazoli's properties
• FedEx properties
• In-N-Out Burger properties
• Jersey Mike's properties
• Krispy Kreme properties
• Long John Silver's properties
• ModWash properties
• Natural Grocers properties
• Noodles & Company properties
• Parachute Plasma properties
• PDQ properties
• Rural King properties
• Scooter's Coffee properties
• Texas Roadhouse properties
• The Human Bean properties
• Tropical Smoothie properties
• Wingstop properties
• AAMCO properties
• Academy Sports properties
• Anytime Fitness properties
• AT&T properties
• AT&T / Eyemart Express properties
• Avid Bioservices, Advantage Sales & Marketing, GPA Consultants properties
• Bass Pro Shops properties
• Big 5 Sporting Goods properties
• Blaze Pizza properties
• Cabela's properties
• Caribou Coffee properties
• Chicken and Biscuits House properties
• CiCi's Pizza properties
• Cinnabon properties
• Cook Out properties
• Cracker Barrel properties
• Crash Champions properties
• CrossAmerica Partners properties
• Crunch Fitness properties
• Earth Fare properties
• F45 Training properties
• Firehouse Subs properties
• Former Save-a-Lot properties
• Fresh Market properties
• Gadzooks Enchiladas & Soups properties
• GTE Financial properties
• H&R Block properties
• Habit Burger properties
• Hampton Inn properties
• Hobby Lobby properties
• Holiday Inn Express properties
• Hungry Howie's properties
• Jamba Juice properties
• Jet's Pizza properties
• Kwik Trip properties
• Lidl properties
• Maaco properties
• Marco's Pizza properties
• Marriott Courtyard properties
• MOD Pizza properties
• Moe's Southwest Grill properties
• NTB properties
• NYSE (GGP) / Brookfield Property Partners (BPY) properties
• Orangetheory properties
• Papa Murphy's properties
• Peet's Coffee properties
• Pennzoil properties
• Pieology properties
• Pilot properties
• Portillo's properties
• Potbelly properties
• Round Table Pizza properties
• Smalls Sliders properties
• Smashburger properties
• Smoothie King properties
• The Fresh Market properties
• Tutor Time properties
• Which Wich properties
• WinCo Foods properties
• 24 Hour Fitness properties
• Amazon properties
• AMC Theaters properties
• Apple properties
• Chuck E. Cheese properties
• Cinemark properties
• GameStop properties
• Guitar Center properties
• Microsoft properties
• Rent-A-Center properties
• Sally Beauty properties
• The UPS Store properties
• XPO Logistics properties

Disclaimer

Credit ratings are the opinions of the rating agencies, not facts or recommendations, and can change at any time. The company that signs or guarantees a lease may differ from the rated entity. Confirm the current rating and the lease obligor before investing.

Frequently asked questions

What does investment grade mean for a net lease tenant?

A tenant is investment grade when S&P or Fitch rates it BBB- or higher, or Moody's rates it Baa3 or higher. Those ratings are the agencies' opinions of the company's ability to meet its debts.

Does the rated company always back the lease?

No. The lease obligor or guarantor can be a franchisee, a subsidiary or an operating company that differs from the rated parent. Check the lease and guaranty in each offering memorandum.

Where do the ratings on this page come from?

Only from ratings we have checked against a cited source and dated. As of October 15, 2026, 0 of 346 tenants have a verified rating; the rest show "Not yet verified".

How many of these tenants have properties for sale right now?

248 tenants in this directory have at least one active listing on Net Lease World as of October 15, 2026. Each row links to that tenant's page.

Can a credit rating change?

Yes. Agencies upgrade, downgrade or withdraw ratings at any time. Always confirm the current rating before you buy.

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