Panda Express vs Planet Fitness: Net Lease Comparison
Figures below come from active Net Lease World listings as of October 23, 2026. Asking cap rates, not closed sales.
| Metric | Panda Express | Planet Fitness |
|---|---|---|
| Active listings | 1 | 3 |
| Average asking price | $3.10M | $4.10M |
| Median asking price | $3.10M | $4.03M |
| Average asking cap rate | 5.25% | 6.90% |
| Median asking cap rate | 5.25% | 6.50% |
| Median lease term left | 12.0 years | 10.0 years |
| Top states | California (1) | Georgia (1), New Mexico (1), Washington (1) |
Panda Express listings · Planet Fitness listings · NNN Cap Rate Report
Panda Express vs Planet Fitness FAQ
How many Panda Express and Planet Fitness net lease properties are for sale?
As of October 23, 2026, Net Lease World shows 1 active Panda Express listing and 3 active Planet Fitness listings.
Which has higher cap rates, Panda Express or Planet Fitness?
Planet Fitness listings have the higher median asking cap rate: 5.25% for Panda Express vs 6.50% for Planet Fitness, a gap of 125 basis points (as of October 23, 2026). These are asking cap rates, not closed sales.
What does a Panda Express property cost compared with Planet Fitness?
The median asking price is $3.10M for Panda Express and $4.03M for Planet Fitness (as of October 23, 2026).
Which has more lease term left, Panda Express or Planet Fitness?
The median remaining primary term is 12.0 years for Panda Express and 10.0 years for Planet Fitness (as of October 23, 2026).