Panda Express vs Wawa: 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 | Wawa |
|---|---|---|
| Active listings | 1 | 10 |
| Average asking price | $3.10M | $5.77M |
| Median asking price | $3.10M | $6.46M |
| Average asking cap rate | 5.25% | 4.89% |
| Median asking cap rate | 5.25% | 4.88% |
| Median lease term left | 12.0 years | 19.8 years |
| Top states | California (1) | Florida (3), Delaware (2), New Jersey (2) |
Panda Express listings · Wawa listings · NNN Cap Rate Report
Panda Express vs Wawa FAQ
How many Panda Express and Wawa net lease properties are for sale?
As of October 23, 2026, Net Lease World shows 1 active Panda Express listing and 10 active Wawa listings.
Which has higher cap rates, Panda Express or Wawa?
Panda Express listings have the higher median asking cap rate: 5.25% for Panda Express vs 4.88% for Wawa, a gap of 37 basis points (as of October 23, 2026). These are asking cap rates, not closed sales.
What does a Panda Express property cost compared with Wawa?
The median asking price is $3.10M for Panda Express and $6.46M for Wawa (as of October 23, 2026).
Which has more lease term left, Panda Express or Wawa?
The median remaining primary term is 12.0 years for Panda Express and 19.8 years for Wawa (as of October 23, 2026).