CVS 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 | CVS | Walgreens |
|---|---|---|
| Active listings | 25 | 87 |
| Average asking price | $10.11M | $4.69M |
| Median asking price | $5.77M | $4.17M |
| Average asking cap rate | 6.35% | 7.13% |
| Median asking cap rate | 6.20% | 7.00% |
| Median lease term left | 10.1 years | 8.0 years |
| Top states | Florida (4), Texas (4), Georgia (3) | Florida (13), North Carolina (8), Illinois (6) |
CVS listings · Walgreens listings · NNN Cap Rate Report
CVS vs Walgreens FAQ
How many CVS and Walgreens net lease properties are for sale?
As of October 23, 2026, Net Lease World shows 25 active CVS listings and 87 active Walgreens listings.
Which has higher cap rates, CVS or Walgreens?
Walgreens listings have the higher median asking cap rate: 6.20% for CVS vs 7.00% for Walgreens, a gap of 80 basis points (as of October 23, 2026). These are asking cap rates, not closed sales.
What does a CVS property cost compared with Walgreens?
The median asking price is $5.77M for CVS and $4.17M for Walgreens (as of October 23, 2026).
Which has more lease term left, CVS or Walgreens?
The median remaining primary term is 10.1 years for CVS and 8.0 years for Walgreens (as of October 23, 2026).