Advance Auto Parts vs Walgreens: Net Lease Comparison
Figures below come from active Net Lease World listings as of October 23, 2026. Asking cap rates, not closed sales.
| Metric | Advance Auto Parts | Walgreens |
|---|---|---|
| Active listings | 10 | 87 |
| Average asking price | $1.30M | $4.69M |
| Median asking price | $993,243 | $4.17M |
| Average asking cap rate | 7.13% | 7.13% |
| Median asking cap rate | 7.40% | 7.00% |
| Median lease term left | 10.4 years | 8.0 years |
| Top states | Michigan (7), Massachusetts (1), North Carolina (1) | Florida (13), North Carolina (8), Illinois (6) |
Advance Auto Parts listings · Walgreens listings · NNN Cap Rate Report
Advance Auto Parts vs Walgreens FAQ
How many Advance Auto Parts and Walgreens net lease properties are for sale?
As of October 23, 2026, Net Lease World shows 10 active Advance Auto Parts listings and 87 active Walgreens listings.
Which has higher cap rates, Advance Auto Parts or Walgreens?
Advance Auto Parts listings have the higher median asking cap rate: 7.40% for Advance Auto Parts vs 7.00% for Walgreens, a gap of 40 basis points (as of October 23, 2026). These are asking cap rates, not closed sales.
What does a Advance Auto Parts property cost compared with Walgreens?
The median asking price is $993,243 for Advance Auto Parts and $4.17M for Walgreens (as of October 23, 2026).
Which has more lease term left, Advance Auto Parts or Walgreens?
The median remaining primary term is 10.4 years for Advance Auto Parts and 8.0 years for Walgreens (as of October 23, 2026).