Food Lion NNN Investor Hub | Cap Rate Trends, Credit Rating Trends, Lease Terms & Due Diligence

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Last Year Cap

6.0%

This Year Cap

6.7%

Cap Change

0.6%

Last Year Rating

BBB+

This Year Rating

BBB+

Rating Change

No change

Food Lion – NNN Cap Rate Trend

Cap Rate Trends

wdt_ID wdt_created_by wdt_created_at wdt_last_edited_by wdt_last_edited_at Tenant Year Cap Rate
5779 admin2 2026 04:17 AM admin2 2026 04:17 AM 7 Brew 2,020 6.5
5780 admin2 2026 04:17 AM admin2 2026 04:17 AM 7 Brew 2,021 6.3
5781 admin2 2026 04:17 AM admin2 2026 04:17 AM 7 Brew 2,022 6.0
5782 admin2 2026 04:17 AM admin2 2026 04:17 AM 7 Brew 2,023 6.3
5783 admin2 2026 04:17 AM admin2 2026 04:17 AM 7 Brew 2,024 6.6
5784 admin2 2026 04:17 AM admin2 2026 04:17 AM 7 Brew 2,025 6.6
Tenant Year Cap Rate

Credit (what net-lease buyers care about)

Credit Snapshot

Food Lion

Cap Rates NNN
Last Year 6.0%
This Year 6.7%
Change 0.6%
S&P Rating CREDIT
Last Year BBB+
This Year BBB+
Change No change

Food Lion Net Lease: Secure, Essential Investment

Food Lion is a well-established grocery retailer operating throughout the Southeastern and Mid-Atlantic United States. This guide reviews cap rates, lease terms, tenant profile, and key due diligence considerations for buyers and sellers of Food Lion NNN Properties and Food Lion Ground Lease Properties.

For 1031 exchange buyers, Food Lion Ground Lease Properties should be compared with fee simple Food Lion assets, as lease structure can significantly impact pricing, financing, long-term appreciation, and resale value.

Investors often target Food Lion assets for:

  • Stable Grocery-Anchored Income
  • Essential Daily Consumer Demand
  • Established Regional Brand
  • Attractive 1031 Exchange Compatibility

Food Lion Ground Lease Properties require careful evaluation of rent escalations, remaining lease term, renewal options, landlord responsibilities, and the long-term value of the underlying land compared with fee simple ownership.

Food Lion Ground Lease Properties for 1031 Exchange Buyers

Food Lion Ground Lease Properties often trade differently than fee simple Food Lion assets. Buyers should carefully evaluate the lease structure, remaining lease term, renewal options, rent escalation schedule, landlord responsibilities, and reversionary rights to understand the property’s long-term risk and return.

Food Lion – Credit Trend (S&P vs Moody’s)

Tenant_Rating_Trend

wdt_ID wdt_created_by wdt_created_at wdt_last_edited_by wdt_last_edited_at TenantKey Tenant Year Moody SP Moody_Grade SP_Grade Moody_GradeRank SP_GradeRank
1 admin2 2025 03:43 PM admin2 2025 03:43 PM 7eleveninc 7-Eleven, Inc. 2022 Baa2 A Lower Medium Grade Upper Medium Grade 5 6
2 admin2 2025 03:43 PM admin2 2025 03:43 PM 7eleveninc 7-Eleven, Inc. 2023 Baa2 A Lower Medium Grade Upper Medium Grade 5 6
3 admin2 2025 03:43 PM admin2 2025 03:43 PM 7eleveninc 7-Eleven, Inc. 2024 Baa2 A Lower Medium Grade Upper Medium Grade 5 6
4 admin2 2025 03:43 PM admin2 2025 03:43 PM 7eleveninc 7-Eleven, Inc. 2025 Baa2 A Lower Medium Grade Upper Medium Grade 5 6
5 admin2 2025 03:43 PM admin2 2025 03:43 PM 99centsonlystoresllc 99 Cents Only Stores, LLC 2022 Caa2 CCC+ Substantial Risk Substantial Risk 2 2
TenantKey Tenant Year Moody SP Moody_Grade SP_Grade Moody_GradeRank SP_GradeRank

Food Lion Investment Market Statistics

AVERAGE SALE PRICE

$5,800,000

BUILDING SIZE

35,000 – 49,000 SF

AVERAGE NOI

$340,000

LAND

3.0 – 5.0 acres

$/SF RANGE

$145 – $190

LEASE TERM SHOWN

20 years

Food Lion Investor Snapshot (Quick Facts)

Origins & Growth (Past)

  • Founded in 1957 in Salisbury, North Carolina
  • Expanded across the Southeastern and Mid-Atlantic U.S.
  • Grew through new stores and acquisitions
  • Built a strong neighborhood grocery network
  • Focused on value, convenience, and fresh products
  • Became one of the region’s leading supermarket chains

Where Food Lion Stands Today

• Leading Southeastern grocery retailer
• Extensive neighborhood store network
• Serves millions of shoppers annually
• Corporate-operated supermarket locations
• Expanding digital grocery services
• Focused on value and operational efficiency

Where Food Lion Stands Today

• Expanding digital grocery services
• Increased automation and efficiency
• Growth in online ordering
• Stronger customer engagement
• Optimized store network
• Focus on everyday essentials
• Benefiting from steady grocery demand

Why investors buy Food Lion NNN Properties or Food Lion ground Lease Properties?

Pros (what buyers like)

  • Essential Grocery Retailer
    Provides everyday food and household essentials.
  • Established Regional Brand
    Long-standing presence across the Southeastern U.S.
  • Recurring Customer Traffic
    Grocery shopping drives frequent, needs-based visits.
  • Strong Neighborhood Locations
    Typically located in established residential trade areas.
  • Attractive Lease Structures
    Long-term NNN or ground leases appeal to passive and 1031 exchange investors.

Cons (what can bite you)

  • Lease Structure Variability
    Some assets may be NN or modified NNN with landlord responsibilities.
  • Competitive Grocery Market
    Performance may be affected by nearby grocery competitors.
  • Flat or Limited Rent Growth
    Some leases offer minimal or no rent escalations.
  • Store Relocation or Closure Risk
    Market conditions may influence long-term store operations.
  • Re-Tenanting Challenges
    Large grocery layouts can require significant redevelopment for new tenants.

Find out more

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Food Lion Background & History

Food Lion is a regional supermarket chain serving customers throughout the Southeastern and Mid-Atlantic United States. Founded in 1957, the company has grown into one of the region’s largest grocery retailers, offering fresh produce, meat, dairy, bakery items, pharmacy services at select locations, and a wide assortment of everyday household essentials.

Over the years, Food Lion has expanded its store network while focusing on value, convenience, and neighborhood accessibility. The company has also invested in digital shopping, online ordering, and pickup services to meet evolving consumer preferences and improve the customer experience.

As grocery shopping remains an essential part of everyday life, Food Lion continues to operate neighborhood-focused stores designed to provide convenient access to food and household necessities while improving operational efficiency.

Why Food Lion Matters to NNN Investors

Food Lion is an established grocery retailer operating hundreds of stores across the Southeastern United States. Because grocery stores provide essential goods, they typically generate recurring customer visits throughout the year, making grocery-anchored real estate attractive to many net lease investors.

Many Food Lion stores are located in established residential trade areas with strong visibility, convenient access, and consistent consumer demand. These characteristics can help support long-term occupancy and property performance.

The company’s focus on value, convenience, and digital grocery services has helped maintain its position in a highly competitive grocery market. For NNN investors, Food Lion properties often represent essential retail assets supported by steady consumer demand.

What Buyers and Sellers Should Evaluate

For investors evaluating Food Lion NNN properties, Food Lion net leases, or Food Lion ground leases, the investment thesis is generally centered on real estate quality, lease structure, and the long-term strength of the grocery location.

Common searches include Food Lion real estate, Food Lion cap rate, Food Lion lease term, Food Lion tenant profile, and store performance. Ultimately, a Food Lion net lease property’s value is driven by site-specific factors, lease economics, and the store’s importance within its local trade area.

Because grocery performance depends heavily on local demographics, buyers and sellers should evaluate each property individually, including visibility, access, traffic counts, surrounding population, nearby competition, parking, and lease language defining landlord responsibilities.

In addition, investors should consider long-term cash flow, lease renewal potential, market growth, changing consumer shopping habits, and the property’s ability to attract another grocery or retail tenant if Food Lion vacates in the future.

our team of experts are here for you

Our team helps investors evaluate NNN properties with practical, market-based guidance. In addition, we support buyers and sellers with lease review, pricing analysis, and due diligence strategy.

Whether you are comparing Food Lion ground lease properties or fee simple Food Lion assets, we can help you review the details that affect risk and long-term value. As a result, clients can make more confident decisions based on lease structure, location quality, and investment goals.

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