NNN Lease and Credit Tenant Loans from $1,000,000+

NNN Lease and Credit Tenant Financing Rates - Rates updated January 19th, 2020

Loan Product Rates (start as low as) LTV Amortization
5 Year Fixed 3.53% Up to 75% Up to 30 years
7 Year Fixed 3.64% Up to 75% Up to 30 years
10 Year Fixed 3.72% Up to 75% Up to 30 years
NNN Lease and Credit Tenant Financing NNN Lease and Credit Tenant Financing

We specialize in making commercial mortgage loans for single tenant triple-net leased properties. These loans are sometimes called NNN lease financing, triple net lease financing, credit tenant leases, or single tenant lease financing. These loans are secured by properties occupied by one single credit tenant with an investment grade credit rating such as Walgreen’s or CVS, or non-credit tenants with acceptable financial statements. Our rates are extremely competitive, and we can offer fixed rates that match the lease term. Other examples of credit tenant leases that we have financed include: AutoZone, Dollar Tree, Family Dollar, Dollar General, Advance Auto Parts, O’Reilly Auto Parts, Starbucks, Tractor Supply, and Sherwin Williams. We will also finance single tenant franchise locations such as Dunkin Donuts and McDonalds, so long as the franchisee provides acceptable financial statements.

Benefits of our NNN Lease Financing program:

Apartment Building Loan

Triple Net Lease Rates start as low as 3.53% (as of January 19th, 2020)
• Single tenant loans up to 75% LTV
• No upfront application or processing fees
• Simplified application process
• Terms and amortizations up to 30 years
• Loans for purchase and refinance, including cash-out
• 24 hour written pre-approvals with no cost and no obligation
• Low stepdown prepayment penalties
• Non-recourse and partial-recourse options available
• Fixed rate loans up to existing lease term
• Credit tenant leases (CTL financing) and non-credit tenants acceptable

2020 Outlook for NNN Lease Financing

Over 2019, investors in the net lease market have increasingly looked for quality triple net investments that will continue to provide long-term income streams with little risk. This shift towards less risk and more certainty is due to mounting uneasiness in the stock market and the state of the economy. Therefore, many investors are looking towards lower risk investments like triple net properties, especially those with strong credit tenants in place that are backed by big brands such as CVS and Walgreens. Heading into 2020 the market still appears to be a seller’s market. Nowadays investors are more informed than ever. They understand the value of a triple net lease property with a credit tenant that can guarantee income. Since 2020 is an election year, experts predict that investors will continue to look for safe investments by acquiring real estate that comes with a quality tenant so as to leverage against a potentially volatile economy in 2020.

In particular, Dollar General appears to be a fantastic triple net option for investors in 2020. In 2019 Dollar General Corporation opened 975 new locations and remodeled 1,000 locations. In fact, this rate of growth has been the trend for this company over the past half-decade. On the heels of its 31st consecutive quarter of same-store sales growth, Dollar General is set for incredible growth in 2020. With over 16,000 stores, Dollar General has a store count greater than that of McDonalds U.S. In addition, roughly 75 percent of Americans live within five miles of a Dollar General store. By the end of 2020, Dollar General is set to open stores in Wyoming and Washington, bringing their store to 46 states, and is planning to add an estimated additional 1,000 locations throughout the country. Dollar General’s focus on low prices and consumer convenience has allowed it to thrive in this era of eCommerce. Dollar Generals offer a tremendous opportunity to own an investment grade tenant at purchase prices lower than the national average for single tenant net lease properties with an investor friendly triple net lease. Over the past five years, Dollar General properties have become the most actively traded triple net lease asset. 2020 is gearing up to be no different.

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