Panda Express vs Raising Cane's: 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 | Raising Cane's |
|---|---|---|
| Active listings | 1 | 9 |
| Average asking price | $3.10M | $4.53M |
| Median asking price | $3.10M | $4.49M |
| Average asking cap rate | 5.25% | 4.58% |
| Median asking cap rate | 5.25% | 4.45% |
| Median lease term left | 12.0 years | 13.9 years |
| Top states | California (1) | Tennessee (3), California (2), Illinois (2) |
Panda Express listings · Raising Cane's listings · NNN Cap Rate Report
Panda Express vs Raising Cane's FAQ
How many Panda Express and Raising Cane's net lease properties are for sale?
As of October 23, 2026, Net Lease World shows 1 active Panda Express listing and 9 active Raising Cane's listings.
Which has higher cap rates, Panda Express or Raising Cane's?
Panda Express listings have the higher median asking cap rate: 5.25% for Panda Express vs 4.45% for Raising Cane's, a gap of 80 basis points (as of October 23, 2026). These are asking cap rates, not closed sales.
What does a Panda Express property cost compared with Raising Cane's?
The median asking price is $3.10M for Panda Express and $4.49M for Raising Cane's (as of October 23, 2026).
Which has more lease term left, Panda Express or Raising Cane's?
The median remaining primary term is 12.0 years for Panda Express and 13.9 years for Raising Cane's (as of October 23, 2026).