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NNN DEALS
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Triple Net Investments
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The credit rating of a corporation is a financial indicator to potential investors
of debt securities such as bonds. These are assigned by credit rating agencies such as A.M.
Best, Dun
& Bradstreet, Standard & Poor's, Moody's or Fitch
Ratings and have letter designations such as A, B, C. The Standard
& Poor's rating scale is as follows, from excellent to poor: AAA, AA+, AA, AA-, A+, A, A-, BBB+, BBB,
BBB-, BB+, BB, BB-, B+, B, B-, CCC+, CCC, CCC-, CC, C, D. Anything lower than a BBB- rating is considered a
speculative or junk bond.[3] The Moody's rating system is similar in concept but the
naming is a little different. It is as follows, from excellent to poor: Aaa, Aa1, Aa2, Aa3, A1, A2, A3,
Baa1, Baa2, Baa3, Ba1, Ba2, Ba3, B1, B2, B3, Caa1, Caa2, Caa3, Ca, C. A.M. Best rates from excellent to
poor in the following manner: A++, A+, A, A-, B++, B+, B, B-, C++, C+, C, C-, D, E, F, and S. The CTRISKS
rating system is as follows: CT3A, CT2A, CT1A, CT3B, CT2B, CT1B, CT3C, CT2C and CT1C. All these CTRISKS
grades are mapped to one-year probability of default.
(AAA = Prime) ; (AA+, AA, AA- = High Grade) ; (A+, A, A-= Upper medium grade) ; (BBB+, BBB, BBB-= Lower medium grade). Companies with a rating of BBB- and higher (S&P scale) are considered "investment grade". The higher the rating of a company, the lower the risk associated with the investment and the lower the cap and the higher the price. For example, McDonalds, "Upper medium grade" sells at cap of ~ 5 and Blockbuster, "In default with little prospect for recovery" sells at cap of ~ 10. Cap= NOI/PRICE. At Noi of $100k, Mcdonalds Price will be $2m and Blockbuster Price will be 1m.
Tenant Credit Ratings
& Probability of Default
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NNN Property Listings
NNN 1031 Exchange Properties
BlackAcre 1031 Exchange Services
Over two billon dollars in Exchange Transaction
DC, MD & VA Commercial Listings
Office Buildings
Maryland Office Properties for Sale
Washington DC Office Properties for Sale
Virginia Office Property for Sale
We get Results
Proplocate Realty LLC / Robert Gamzeh, Associate Real Estate Broker
The information on this website has been secured from sources we believe to be reliable, but we make no representation or warranties, expressed or implied to the accuracy of the information. Buyer must verify the information and bears all the risk for any inaccuracies. Photos and trademarks belong to their rightful owners. The NNN properties are listed by various brokers. Source for most historical and company information: wikipedia.org . Text is available under the Creative Commons Attribution/Share-Alike License.
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