NNN Property Brands

Taco Bell NNNs typically sell from $1.5 million to $3 million, with average cap rates ranging from 5.00% to 6.00%. Roughly 94% of Taco Bell restaurants are operated by franchisees. Lease terms up to 25 years. Not all leases are corporate-guaranteed absolute NNN leases.

Subway NNNs typically sell from $250,000 to $1.5 million, with average cap rates ranging from 6.5% to 7.5%. Most locations are operated by franchisees under 10- to 15-year NNN leases, often featuring rent escalations every 5 years. Since the leases are typically franchisee-backed rather than corporate-guaranteed, the investment’s security is

Caliber Collision NNNs typically sell from $2 million to $4 million, with an average cap rate of 5.5% to 6.25%. Most locations are leased to the corporate entity under long-term, absolute NNN leases. Lease terms often range from 15 to 20 years with rent escalations. Corporate guarantees are common, but

CVS Pharmacy NNNs typically sell from $3 million to $8 million, with average cap rates ranging from 5.0% to 6.0%. Most locations are corporate-owned and leased under absolute NNN terms. Lease terms often span 20 to 25 years, frequently featuring rental escalations. CVS is closing 900 stores (10%) so be

McDonald’s NNNs typically sell from $2.5 million to $4.5 million, with average cap rates ranging from 4.0% to 5.0%. The vast majority of McDonald’s locations are operated by franchisees under long-term, corporate-guaranteed absolute NNN leases, often spanning 20 to 25 years with built-in rent escalations. These properties are considered low-risk

​Dunkin’ NNNs typically sell from $1.1 million to $3.5 million, with average cap rates ranging from 5.0% to 6.0%. Most locations are operated by franchisees under long-term absolute NNN leases, often spanning 15 to 20 years with built-in rent escalations of 8% to 10% every 5 years.

Starbucks NNNs typically sell from $1.7 million to $3.5 million, with average cap rates ranging from 4.25% to 6.0. Most locations are corporate-operated under 10-year NN or NNN leases, featuring 10% rent escalations every 5 years and multiple 5-year renewal options.

​Wendy’s NNNs typically sell from $2.25 million to $4 million, with average cap rates ranging from 4.0% to 5.5%. Most locations are operated by franchisees under long-term absolute NNN leases, often spanning 15 to 20 years with built-in rent escalations of 7.5% to 10% every 5 years.

Burger King NNNs typically sell from $1.3 million to $2.8 million, with an average cap rate of 5.75% to 6.5%. Roughly 99% of Burger King restaurants are operated by franchisees. Lease terms up to 20 years. Not all leases are corporate-guaranteed absolute NNN leases.

​Dollar General NNNs typically sell from $1.5 million to $2.5 million, with average cap rates ranging from 6.25% to 7.5%. Leases are corporate-guaranteed absolute NNN, with new lease terms of 15 years, frequently featuring 5% rental increases every 5 years. As of April 2025 Dollar General operates over 20,000 stores

Car wash NNNs typically sell from $2 million to $6 million, with an average cap rate of 6.25% to 7.5%. The majority are operated by regional or national franchisees, though some are corporate-owned. Lease terms generally range from 15 to 20 years, often with built-in rent escalations. Not all leases