Net leased retail buyers desiring leverage know that national credit retailers' credit ratings with S&P and Moody's are hugely important for getting a loan at decent rates and terms or even getting the loan at all.

Retail and Restaurant Tenant Credit Ratings

Posted July 23, 2014

In California, Columbus, Commercial, development, investing, Lending, net lease, nnn, real estate, Retail, Santa Monica

This one is for my triple net retail investors. Net leased retail buyers desiring leverage know that national credit retailers’ credit ratings with S&P and Moody’s are hugely important for getting a loan at decent rates and terms or even getting the loan at all.

Investment grade credit is S&P BBB or above. Once in a while you can get a BBB- rated retailer done by the big lenders, including life companies. For non rated local retailers, restaurants, etc., a local bank with whom you have an existing banking relationship is your best choice. And better to be non rated than have a B- or a C rating.

I created a credit rating chart a couple of years ago with the then current ratings of the major net lease national retailers. I just updated the chart with current ratings. See the link below.

If you have any questions or need info on a major retailer not listed, call me, Scott Harris Realtor at 310-473-4789 or 614-905-6614

Tenant-Credit-Ratings

Net Leased Retail, NNN Property, Triple Net Retail

Commercial realtor

Commercial real estate with a focus on out-of-state investment property for my Southern California investors. My clients are Southern California local buyers looking for a return far better than what is available around here and that generally means out-of-state. We have expert property management, legal, and contracting services available.