AutoZone 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 | AutoZone | Walgreens |
|---|---|---|
| Active listings | 18 | 87 |
| Average asking price | $2.01M | $4.69M |
| Median asking price | $2.00M | $4.17M |
| Average asking cap rate | 4.78% | 7.13% |
| Median asking cap rate | 4.63% | 7.00% |
| Median lease term left | 9.6 years | 8.0 years |
| Top states | Florida (4), California (3), Nevada (3) | Florida (13), North Carolina (8), Illinois (6) |
AutoZone listings · Walgreens listings · NNN Cap Rate Report
AutoZone vs Walgreens FAQ
How many AutoZone and Walgreens net lease properties are for sale?
As of October 23, 2026, Net Lease World shows 18 active AutoZone listings and 87 active Walgreens listings.
Which has higher cap rates, AutoZone or Walgreens?
Walgreens listings have the higher median asking cap rate: 4.63% for AutoZone vs 7.00% for Walgreens, a gap of 238 basis points (as of October 23, 2026). These are asking cap rates, not closed sales.
What does a AutoZone property cost compared with Walgreens?
The median asking price is $2.00M for AutoZone and $4.17M for Walgreens (as of October 23, 2026).
Which has more lease term left, AutoZone or Walgreens?
The median remaining primary term is 9.6 years for AutoZone and 8.0 years for Walgreens (as of October 23, 2026).