LATEST NET LEASE TENANT REVIEW


TENANT SNAPSHOT
Cheddar’s Scratch Kitchen

Average Cap Rate
6.03%
12 mo avg with 10+ yr lease term
Average Cap Rate Trend
5.45%
2016
5.89%
2017
Rates reflect last 12 mos, short and long-term
Credit Rating
S&P BBB
Moody's Baa3