Investment Grade TenantsThe proportion of investment grade tenants continues to decrease, with only 37% of recent investments being investment grade, compared to higher percentages in previous quarters.
Market PerformanceNTST's underperformance, with shares down significantly compared to market benchmarks, has increased its overall cost burden.
Tenant Credit RiskCredit issues with tenants like Walgreens, Family Dollar, and Big Lots will remain overhangs on the stock.