Panda Express vs Starbucks: Net Lease Comparison

Figures below come from active Net Lease World listings as of October 23, 2026. Asking cap rates, not closed sales.

Panda Express vs Starbucks, active listings as of October 23, 2026
MetricPanda ExpressStarbucks
Active listings134
Average asking price$3.10M$3.04M
Median asking price$3.10M$2.77M
Average asking cap rate5.25%5.55%
Median asking cap rate5.25%5.50%
Median lease term left12.0 years9.8 years
Top statesCalifornia (1)California (5), Indiana (4), Arizona (3)

Panda Express listings · Starbucks listings · NNN Cap Rate Report

Panda Express vs Starbucks FAQ

How many Panda Express and Starbucks net lease properties are for sale?

As of October 23, 2026, Net Lease World shows 1 active Panda Express listing and 34 active Starbucks listings.

Which has higher cap rates, Panda Express or Starbucks?

Starbucks listings have the higher median asking cap rate: 5.25% for Panda Express vs 5.50% for Starbucks, a gap of 25 basis points (as of October 23, 2026). These are asking cap rates, not closed sales.

What does a Panda Express property cost compared with Starbucks?

The median asking price is $3.10M for Panda Express and $2.77M for Starbucks (as of October 23, 2026).

Which has more lease term left, Panda Express or Starbucks?

The median remaining primary term is 12.0 years for Panda Express and 9.8 years for Starbucks (as of October 23, 2026).

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