Net-Lease Financing: How Lenders Underwrite Single-Tenant NNN Properties
How lenders underwrite single-tenant NNN net-lease loans: tenant credit, lease term, DSCR, and what kills deals. Get matched with the right program — apply today.

How lenders underwrite single-tenant NNN net-lease loans: tenant credit, lease term, DSCR, and what kills deals. Get matched with the right program — apply today.

Quick answer: Retail lenders underwrite the tenancy, not just the building. The metrics that matter: the anchor tenant and co-tenancy (does losing the anchor trigger other leases to break?), tenant sales per square foot and occupancy-cost ratio (rent ÷ tenant sales — low is healthy), tenant credit and weighted-average lease term (WALT), and the center’s […]