Panda Express vs Popeyes: Net Lease Comparison
Figures below come from live Net Lease World listings as of October 7, 2026.
| Metric | Panda Express | Popeyes |
|---|---|---|
| Live listings | 2 | 17 |
| Median asking cap rate | 5.00% | 5.80% |
| Cap rate range | 4.75%–5.25% | 4.25%–6.30% |
| Median asking price | $2.65M | $2.48M |
| Median remaining term | 16.0 yrs | 15.4 yrs |
| States with listings | 1 | 12 |