Top 20 Tenant Diversification
(As of July 31, 2020)
| Top 20 Tenants |
Number of Leases |
ABR |
% of ABR |
Credit rating |
| 7-Eleven |
18 $ |
4,385 |
13.6% |
AA- / Baa1 |
| CVS |
11 |
2,117 |
6.6% |
BBB+ / Baa2 |
| Ollie's |
7 |
1,802 |
5.6% |
IG Profile |
| Lowe's |
3 |
1,678 |
5.2% |
BBB+ / Baa1 |
| Advance Auto Parts |
19 |
1,622 |
5.0% |
BBB-/ Baa2 |
| Walmart |
2 |
1,595 |
5.0% |
AA / Aa2 |
| Dollar General |
17 |
1,582 |
4.9% |
BBB / Baa2 |
| Walgreens |
4 |
1,329 |
4.1% |
BBB / Baa2 |
| Kohl's |
2 |
1,147 |
3.6% |
BBB / Baa2 |
| Floor & Décor |
1 |
815 |
2.5% |
BB- / Ba3 |
| Tractor Supply |
4 |
778 |
2.4% |
NAIC-2 |
| Camping World |
1 |
705 |
2.2% |
Not Rated |
| Academy |
1 |
699 |
2.2% |
CCC+ / B3 |
| BB&T |
5 |
647 |
2.0% |
A- / A2 |
| Jacks |
4 |
646 |
2.0% |
Not Rated |
| Fresenius |
2 |
643 |
2.0% |
BBB / Baa3 |
| Ashley Furniture |
1 |
536 |
1.7% |
Not Rated |
| Burlington |
1 |
462 |
1.4% |
BB / NR |
| Melrose |
3 |
428 |
1.3% |
Not Rated |
| Hobby Lobby |
1 |
424 |
1.3% |
IG Profile |
| Total |
107 $ |
24,042 |
74.8% |
* Investment Grade Tenant
Download Top 20 Tenants
Industry Diversification
(As of July 31, 2020)
| Industry |
Defensive Category |
Number of Leases |
ABR |
% of ABR |
| Convenience Stores |
Service |
20 $ |
4,808 |
15.0% |
| Discount Retail |
Discount |
11 |
3,795 |
11.8% |
| Home Improvement |
Necessity |
12 |
3,539 |
11.0% |
| Drug Stores & Pharmacies |
Necessity |
15 |
3,447 |
10.7% |
| Quick Service Restaurants |
Service |
15 |
2,378 |
7.4% |
| Dollar Stores |
Discount |
22 |
2,086 |
6.5% |
| Auto Parts |
Necessity |
19 |
1,622 |
5.0% |
| General Retail |
Necessity |
2 |
1,595 |
5.0% |
| Casual Dining |
Service |
7 |
1,267 |
3.9% |
| Furniture Stores |
Other |
2 |
872 |
2.7% |
| Automotive Service |
Service |
9 |
807 |
2.5% |
| Farm Supplies |
Necessity |
4 |
778 |
2.4% |
| Grocery |
Necessity |
2 |
748 |
2.3% |
| RV Sales |
Other |
1 |
705 |
2.2% |
| Sporting Goods |
Other |
1 |
699 |
2.2% |
| Banking |
Necessity |
5 |
647 |
2.0% |
| Healthcare |
Necessity |
2 |
643 |
2.0% |
| Apparel |
Other |
4 |
506 |
1.6% |
| Arts & Crafts |
Other |
1 |
424 |
1.3% |
| Telecommunications |
Other |
3 |
341 |
1.1% |
| Gift, Novelty, and Souvenir Shops |
Other |
1 |
200 |
0.6% |
| Home Furnishings |
Other |
1 |
134 |
0.4% |
| Equipment Rental and Leasing |
Other |
1 |
90 |
0.3% |
| Total |
|
160 $ |
32,131 |
100.0% |
*Less than 0.1%
Download Industry Diversification
Geographic Diversification
(as of July 31, 2020)
| State |
Number of Leases |
ABR |
% of ABR |
| Texas |
32 $ |
7,051 |
21.9% |
| Georgia |
10 |
3,000 |
9.3% |
| Florida |
11 |
1,666 |
5.2% |
| Michigan |
4 |
1,383 |
4.3% |
| Tennessee |
6 |
1,370 |
4.3% |
| Alabama |
9 |
1,296 |
4.0% |
| Ohio |
7 |
1,212 |
3.8% |
| Indiana |
6 |
1,210 |
3.8% |
| Mississippi |
10 |
1,197 |
3.7% |
| Minnesota |
4 |
1,151 |
3.6% |
| Missouri |
5 |
960 |
3.0% |
| Arkansas |
4 |
925 |
2.9% |
| California |
1 |
815 |
2.5% |
| Louisiana |
2 |
784 |
2.4% |
| Pennsylvania |
4 |
749 |
2.3% |
| New Mexico |
3 |
716 |
2.2% |
| New York |
1 |
600 |
1.9% |
| Illinois |
4 |
559 |
1.7% |
| North Carolina |
1 |
522 |
1.6% |
| Virginia |
2 |
522 |
1.6% |
| Wisconsin |
6 |
511 |
1.6% |
| South Carolina |
4 |
465 |
1.4% |
| New Jersey |
4 |
453 |
1.4% |
| Kentucky |
1 |
445 |
1.4% |
| Kansas |
3 |
433 |
1.3% |
| Colorado |
3 |
399 |
1.2% |
| Arizona |
1 |
384 |
1.2% |
| Iowa |
4 |
320 |
1.0% |
| Utah |
1 |
253 |
0.8% |
| West Virginia |
2 |
223 |
0.7% |
| Oklahoma |
2 |
186 |
0.6% |
| Maryland |
1 |
156 |
0.5% |
| Massachusetts |
1 |
124 |
0.4% |
| Idaho |
1 |
90 |
0.3% |
| Total |
160 $ |
32,131 |
100.0% |
View the Geographic Diversification Chart