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      "text": "Walgreens, TJX, Firestone, Target, Whole Foods, 7-Eleven, Kroger, Starbucks, Walmart, Lowe's, Advance Auto Parts, Ollie's Bargain Outlet, Sportsman's Warehouse, Gerber, Publix, Chick-fil-A, Hobby Lobby, REI, KFC, Davita, Wendy's, Jack's, Caribou Coffee, Winn-Dixie, Bojangles, Burlington",
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      "text": "Less negotiating leverage",
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      "text": "Source: Company data as of September 30, 2023.",
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      "text": "Investment Grade (rated) Validated financial strength and stability Professional management with standardized operational practices Focus on corporate guarantee credit Lower relative yields Higher competition for deals Investment Grade Profile (unrated) IG-caliber balance sheets without explicit rating Threshold metrics: At least $1B in sales Debt / adjusted EBITDA of less than 2.0x Sub-IG (rated) & Sub-IG Profile (unrated) Well-capitalized retailers National footprint with strong brand equity Focus on real estate quality / unit-level profitability Higher relative yields Lower competition for deals",
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