REI

Big BoxREI Co-op

Avg cap rate (T12)

Being compiled

S&P

NR

Moody's

NR

U.S. units

Being compiled

Typical lease

10 yr NN, bumps in options

Ratings and unit counts come from public sources (agency ratings, company filings, trade press) as of Oct 14, 2026, believed reliable but not independently verified. A rating may belong to a parent company rather than the entity that signs or guarantees the lease. Typical lease terms are general market norms, not a valuation of any property. Do your own due diligence before any purchase, sale or lease. The REI logo is a trademark of its owner, shown only to identify the tenant; no affiliation or endorsement is implied. Full disclosures