Planet Fitness vs Popeyes: Net Lease Comparison
Figures below come from active Net Lease World listings as of October 23, 2026. Asking cap rates, not closed sales.
| Metric | Planet Fitness | Popeyes |
|---|---|---|
| Active listings | 3 | 17 |
| Average asking price | $4.10M | $2.45M |
| Median asking price | $4.03M | $2.48M |
| Average asking cap rate | 6.90% | 5.67% |
| Median asking cap rate | 6.50% | 5.80% |
| Median lease term left | 10.0 years | 15.4 years |
| Top states | Georgia (1), New Mexico (1), Washington (1) | Louisiana (3), North Carolina (2), South Carolina (2) |
Planet Fitness listings · Popeyes listings · NNN Cap Rate Report
Planet Fitness vs Popeyes FAQ
How many Planet Fitness and Popeyes net lease properties are for sale?
As of October 23, 2026, Net Lease World shows 3 active Planet Fitness listings and 17 active Popeyes listings.
Which has higher cap rates, Planet Fitness or Popeyes?
Planet Fitness listings have the higher median asking cap rate: 6.50% for Planet Fitness vs 5.80% for Popeyes, a gap of 70 basis points (as of October 23, 2026). These are asking cap rates, not closed sales.
What does a Planet Fitness property cost compared with Popeyes?
The median asking price is $4.03M for Planet Fitness and $2.48M for Popeyes (as of October 23, 2026).
Which has more lease term left, Planet Fitness or Popeyes?
The median remaining primary term is 10.0 years for Planet Fitness and 15.4 years for Popeyes (as of October 23, 2026).