McDonald's vs Panda Express: Net Lease Comparison
Figures below come from active Net Lease World listings as of October 23, 2026. Asking cap rates, not closed sales.
| Metric | McDonald's | Panda Express |
|---|---|---|
| Active listings | 17 | 1 |
| Average asking price | $2.34M | $3.10M |
| Median asking price | $2.60M | $3.10M |
| Average asking cap rate | 4.47% | 5.25% |
| Median asking cap rate | 4.00% | 5.25% |
| Median lease term left | 18.6 years | 12.0 years |
| Top states | Texas (8), Georgia (2), Alabama (1) | California (1) |
McDonald's listings · Panda Express listings · NNN Cap Rate Report
McDonald's vs Panda Express FAQ
How many McDonald's and Panda Express net lease properties are for sale?
As of October 23, 2026, Net Lease World shows 17 active McDonald's listings and 1 active Panda Express listing.
Which has higher cap rates, McDonald's or Panda Express?
Panda Express listings have the higher median asking cap rate: 4.00% for McDonald's vs 5.25% for Panda Express, a gap of 125 basis points (as of October 23, 2026). These are asking cap rates, not closed sales.
What does a McDonald's property cost compared with Panda Express?
The median asking price is $2.60M for McDonald's and $3.10M for Panda Express (as of October 23, 2026).
Which has more lease term left, McDonald's or Panda Express?
The median remaining primary term is 18.6 years for McDonald's and 12.0 years for Panda Express (as of October 23, 2026).