Chipotle vs Wendy's: Net Lease Comparison
Figures below come from active Net Lease World listings as of October 23, 2026. Asking cap rates, not closed sales.
| Metric | Chipotle | Wendy's |
|---|---|---|
| Active listings | 26 | 42 |
| Average asking price | $3.48M | $2.25M |
| Median asking price | $3.53M | $2.29M |
| Average asking cap rate | 5.02% | 5.78% |
| Median asking cap rate | 5.05% | 5.85% |
| Median lease term left | 14.0 years | 14.8 years |
| Top states | Florida (4), Illinois (4), Arizona (3) | Virginia (9), Michigan (8), Florida (7) |
Chipotle listings · Wendy's listings · NNN Cap Rate Report
Chipotle vs Wendy's FAQ
How many Chipotle and Wendy's net lease properties are for sale?
As of October 23, 2026, Net Lease World shows 26 active Chipotle listings and 42 active Wendy's listings.
Which has higher cap rates, Chipotle or Wendy's?
Wendy's listings have the higher median asking cap rate: 5.05% for Chipotle vs 5.85% for Wendy's, a gap of 80 basis points (as of October 23, 2026). These are asking cap rates, not closed sales.
What does a Chipotle property cost compared with Wendy's?
The median asking price is $3.53M for Chipotle and $2.29M for Wendy's (as of October 23, 2026).
Which has more lease term left, Chipotle or Wendy's?
The median remaining primary term is 14.0 years for Chipotle and 14.8 years for Wendy's (as of October 23, 2026).