Examples of Investment Grade Tenant in a sentence
No single tenant or -------------------- Affiliates of such tenant pursuant to one or more Leases shall, in the aggregate, lease space in Real Property Assets of Borrower, the REIT or any Loan Party which provides for Rent (including without limitation, percentage rent) in excess of 5%, if such tenant is not an Investment Grade Tenant, or 10%, if such tenant is an Investment Grade Tenant, of the aggregate Rents derived from all Leases of such Real Property Assets.
There are fifteen golf courses within thirty miles, two of them in Cheraw.» Lack of Competition – Only CVS in Cheraw, SC, next closest freestanding pharmacy with a drive-thru is over 15 miles away.» Largest U.S. Pharmacy – In 2017, CVS Health Corporation prescription revenue was an estimated $98.1 billion, a 23.8% market share.| 3» Nationally Recognized Investment Grade Tenant – Lease is fully guaranteed by CVS Health Corporation (S&P’s rated BBB+ & Moody’s rated Baa2).
NNN Lease - No Early Termination Clause.• Investment Grade Tenant: Starbucks has a S&Prating of BBB+.
AFIN PORTFOLIO STRENGTH: AS OF JUNE 30, 2016 Property Type (1) Tenant Credit Rating (1)(2)(3) » Diverse, retail focused property mix » Over 71% Actual & Implied Investment Grade Tenant Ratings Tenant Industry (1) 1) Graphs percentages are based on annualized SLR as of June 30, 2016.
The Capitalization Rate shall be equal to, (a) for Real Estate that is primarily used for retail, industrial, warehouse, manufacturing and/or distribution purposes, seven percent (7.0%), and (b) for Real Estate that is primarily used for office purposes, eight percent (8.0%); provided, however, that for any Real Estate with respect to which the entire Net Rentable Area is occupied by a single Investment Grade Tenant, the Capitalization Rate shall be equal to six and one-quarter percent (6.25%).