McDonald's vs Popeyes: 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 | Popeyes |
|---|---|---|
| Active listings | 17 | 17 |
| Average asking price | $2.34M | $2.45M |
| Median asking price | $2.60M | $2.48M |
| Average asking cap rate | 4.47% | 5.67% |
| Median asking cap rate | 4.00% | 5.80% |
| Median lease term left | 18.6 years | 15.4 years |
| Top states | Texas (8), Georgia (2), Alabama (1) | Louisiana (3), North Carolina (2), South Carolina (2) |
McDonald's listings · Popeyes listings · NNN Cap Rate Report
McDonald's vs Popeyes FAQ
How many McDonald's and Popeyes net lease properties are for sale?
As of October 23, 2026, Net Lease World shows 17 active McDonald's listings and 17 active Popeyes listings.
Which has higher cap rates, McDonald's or Popeyes?
Popeyes listings have the higher median asking cap rate: 4.00% for McDonald's vs 5.80% for Popeyes, a gap of 180 basis points (as of October 23, 2026). These are asking cap rates, not closed sales.
What does a McDonald's property cost compared with Popeyes?
The median asking price is $2.60M for McDonald's and $2.48M for Popeyes (as of October 23, 2026).
Which has more lease term left, McDonald's or Popeyes?
The median remaining primary term is 18.6 years for McDonald's and 15.4 years for Popeyes (as of October 23, 2026).