Triple-net deals.
Forty seconds.
Cap rate. Lease term remaining. Escalations. Tenant credit ratings (S&P, Moody's). 1031 fit. Walt analysis. Single-tenant or multi-tenant retail. Industrial. The math, sourced and modeled.
Four deals.
Four cap rate stories.
Walgreens corporate ground lease. Starbucks sub-investment grade. Industrial Amazon delivery. Multi-tenant retail strip. Each gets the math, the credit, and the 1031 fit assessment.
Corporate ground lease, Walgreens Boots Alliance. 15 years remaining plus four 5-year options. Investment grade BBB tenant. Stable suburban location, anchor pad position.
at $232,500 NOI
Cap rate alone,
or the whole stack?
A cap rate without tenant credit is a number without context. Without escalation math it's a snapshot, not a yield curve. Without 1031 fit it's a dead end on a relinquished property.
Cap Rate Only
- Cap rate without tenant credit context
- No escalation modeling for trailing yield
- Walt and rollover risk not surfaced
- Manual 1031 fit research, separate workflow
- No alternative-use analysis if tenant vacates
Full Stack
- S&P, Moody's, and Fitch ratings on tenant or parent
- Year-by-year escalation modeling, trailing yield curve
- Walt analysis with rollover risk and option-value math
- 1031 fit assessment with timing window and QI readiness
- Alternative-use analysis on building, lot, and trade area
Four steps,
forty seconds.
Property + tenant
Drop the address and tenant name. The tool pulls property data, tenant filings, parent guarantees, and credit ratings from S&P, Moody's, and Fitch.
Lease terms
Enter NOI, lease term remaining, escalations, options. The tool models year-by-year cash flow, walt, rollover risk, and trailing yield.
Generate
Cap rate, walt, escalation curve, tenant credit summary, 1031 fit assessment, alternative-use analysis. Lender-format ready.
Present or 1031
Export PDF or Excel for lender or 1031 buyer. White-label for your firm. Match to investor list with replacement timing windows.
Four asset types,
four risk profiles.
Walgreens corporate ground
"5.50% cap, $4.23M, 15 years remaining, BBB rated. Absolute NNN ground lease, tenant maintains all property obligations. Strong 1031 fit, replacement-ready for investors exiting active management."
Starbucks sub-investment grade
"6.20% cap, $2.84M, 10 years remaining, BB+ rated. Cap rate premium reflects credit risk. Strong unit-level economics, 92% comparable-store sales growth in trade area. Suitable for yield-focused investors comfortable with non-IG credit."
Amazon delivery station
"5.80% cap, $14.52M, 10 years remaining, AA rated. Last-mile logistics asset. 240,000 SF, 28-foot clear height, 32 dock doors. Strong alternative-use profile if Amazon vacates: cold storage, 3PL, light manufacturing all viable."
Anchored neighborhood strip
"7.40% cap, $8.20M, 6.8-year walt across 12 tenants. Anchored by Kroger (BBB rated, 12 years remaining). Diversified rollover risk, no more than 18% of rent expiring in any single year. Strong infill location."
Everything that goes
into a complete NNN analysis.
Cap rate + escalations
Going-in cap rate plus year-by-year escalation modeling. Trailing yield curve over 5, 10, and term. Rent bumps modeled at fixed % or CPI-indexed.
Tenant credit ratings
S&P, Moody's, and Fitch ratings on tenant entity or parent guarantor. Investment-grade vs sub-IG flagging with credit spread context.
Walt + rollover risk
Weighted average lease term across all tenants. Rollover concentration by year. Option-value modeling on tenant renewal options.
Alternative-use analysis
If the tenant vacates, what else fits? Building configuration, parking, zoning, trade area demographics drive alternative-use ranking.
1031 fit assessment
Replacement timing window matched to your relinquished property. Like-kind eligibility flagged. Qualified intermediary readiness checklist.
Lender export
PDF or Excel format. Bank-ready exhibits with cap rate math, escalation curve, credit summary, walt table. White-label firm branding on Pro plans and up.
Four risk layers,
one analysis.
Tenant credit. Lease structure. Property quality. 1031 fit. The Walgreens Greenville deal scored across each. The cap rate is the headline. The layers are the diligence.
Walgreens Boots Alliance is the tenant entity. S&P rating BBB, Moody's Baa2, Fitch BBB. Investment grade across all three agencies. Trailing-12-month earnings stable, no credit-watch flags. Parent-level guarantee on this lease.
NNN Lease Analyzer, answered.
S&P Global, Moody's Investors Service, and Fitch Ratings, refreshed daily. The tool resolves the rated entity (tenant or parent guarantor), pulls current ratings and outlook, and flags credit-watch or recent downgrades. Sub-IG and unrated tenants surface with explicit credit-spread context so the cap rate premium is interpretable.
Absolute NNN ground, NNN single-tenant retail, NNN industrial, multi-tenant retail with NNN structures, NN with bumpdown, and modified-gross with reimbursement caps. Ground leases, building-only leases, and combined fee-simple leases all supported. The tool handles fixed escalations, CPI-indexed escalations, and percentage-rent overages.
Three factors: replacement timing window (45-day identification, 180-day close), like-kind eligibility (commercial-to-commercial, ground lease specifics), and qualified intermediary readiness (clean title, clear assignability, no encumbrance issues). Strong fits surface with replacement-ready tags. Marginal fits surface with the specific concerns flagged.
Yes. Multi-tenant analysis includes walt across all tenants, anchor tenant credit, rollover concentration by year, percentage-of-rent expiration in each year of the trailing 5 and forward 10. Co-tenancy clause risks, exclusive-use restrictions, and recapture provisions surface separately.
Yes. PDF or Excel export. Bank-ready format with cap rate math, escalation curve, credit summary, walt table, and alternative-use analysis. 1031 buyer format includes replacement timing window and qualified intermediary checklist. White-label your firm branding on Pro plans and up.
Pair NNN Lease Analyzer
with these.
Investor Pitch
Once the NNN analysis is locked, generate a 12-slide pitch deck for 1031 buyers or syndication partners.
View Tool → Investment & AnalysisSyndication Memo
For NNN deals over $5M raising LP capital, generate a Reg D 506(b) or 506(c) investor memorandum.
View Tool → Investor CRMInvestor List Manager
Match NNN deals to your tagged 1031 buyers. Auto-route the analysis to investors with matching replacement windows.
View Tool → Investment & AnalysisCMA Builder
For mixed-use NNN with residential components, generate a comparable market analysis on the residential portion.
View Tool →Source the credit.
Run the math.
Try NNN Lease Analyzer free for seven days. All seventeen tools included, no credit card required.