When it comes to triple net investments (NNN), not all tenants are created equal. For investors seeking stable, predictable returns, the key is choosing properties leased to strong corporate tenants with proven track records and long-term lease commitments.
Below are some of the best NNN tenants that investors consistently look to for reliable income and peace of mind.
1. 7-Eleven
A staple in the convenience store industry, 7-Eleven is one of the most sought-after NNN tenants. With more than 13,000 U.S. locations and a global presence, the company’s corporate guaranteed leases provide investors with dependable, recession-resistant income streams. Their stores are often located in high-traffic areas, ensuring consistent footfall.
2. Dollar General
Dollar General remains a favorite among NNN buyers thanks to its investment-grade credit, nationwide expansion, and essential product offerings. These properties typically feature 15-year corporate leases, limited landlord responsibilities, and locations in both urban and rural markets—making them a top choice for passive investors.
3. Starbucks
As one of the strongest retail brands in the world, Starbucks offers investors not only corporate-backed security but also prime real estate locations. Their triple net leases typically feature built-to-suit properties, high visibility, and long-term lease stability—ideal for long-term portfolio growth.
4. Walgreens
Known for its longevity and consistent profitability, Walgreens is among the most trusted NNN tenants. These properties often come with 20-year corporate guaranteed leases and are located at key intersections with strong demographics. The healthcare and retail hybrid model makes Walgreens a resilient choice even in fluctuating markets.
5. AutoZone
AutoZone’s steady performance and brand recognition make it a top performer in triple net investments. With over 6,000 locations and consistent demand for auto parts, investors appreciate its low-maintenance properties and long-term, corporate-backed leases.
6. Chick-fil-A
Although typically franchise-owned, Chick-fil-A properties still offer impressive investment value due to high sales per unit and prime real estate footprints. Investors seeking reliable tenants with enduring customer loyalty often find Chick-fil-A to be a standout choice.
7. CVS Health
With a strong credit rating and a growing healthcare footprint, CVS Health properties provide a balance of essential services and solid financial backing. These corporate guaranteed leases often feature 20–25-year terms and locations that anchor neighborhood shopping centers.
Final Thoughts
Investing in properties leased to top corporate tenants provides stability, long-term income, and low management effort—making them ideal for those participating in 1031 exchanges or seeking truly passive triple net investments.
When evaluating the best NNN tenants, always consider credit strength, lease length, and location fundamentals to ensure your portfolio remains secure and profitable.