Walgreens Credit Rating and What It Means for NNN Buyers
Walgreens credit rating
Not yet verified. We only show a Walgreens rating after checking it against a cited agency source and recording the date. See the tenant credit ratings index for updates.
What a credit rating means for a net lease buyer
A rating is an agency's opinion of a company's ability to pay its debts. S&P and Fitch call BBB- or higher investment grade; Moody's calls Baa3 or higher investment grade.
The rating only helps you if the rated company stands behind your lease. Many leases are signed by a franchisee or a subsidiary instead of the parent.
Who guarantees the Walgreens leases we list
87 active Walgreens listings on Net Lease World as of October 15, 2026.
Guaranty as reported on each listing (blank means the listing does not say):
| Guaranty | Listings |
|---|---|
| unknown | 47 |
| corporate | 40 |
Frequently asked questions
Is Walgreens investment grade?
We have not yet verified Walgreens's rating against an agency source, so we do not state one.
Does a Walgreens rating cover every Walgreens lease?
No. Check who signs and guarantees each lease; a franchisee or subsidiary guaranty does not carry the parent rating.
How do I hear about new Walgreens listings?
Set a free alert on the Walgreens page and we will email you when one lists.