Planet Fitness 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 | Planet Fitness | Raising Cane's |
|---|---|---|
| Active listings | 3 | 9 |
| Average asking price | $4.10M | $4.53M |
| Median asking price | $4.03M | $4.49M |
| Average asking cap rate | 6.90% | 4.58% |
| Median asking cap rate | 6.50% | 4.45% |
| Median lease term left | 10.0 years | 13.9 years |
| Top states | Georgia (1), New Mexico (1), Washington (1) | Tennessee (3), California (2), Illinois (2) |
Planet Fitness listings · Raising Cane's listings · NNN Cap Rate Report
Planet Fitness vs Raising Cane's FAQ
How many Planet Fitness and Raising Cane's net lease properties are for sale?
As of October 23, 2026, Net Lease World shows 3 active Planet Fitness listings and 9 active Raising Cane's listings.
Which has higher cap rates, Planet Fitness or Raising Cane's?
Planet Fitness listings have the higher median asking cap rate: 6.50% for Planet Fitness vs 4.45% for Raising Cane's, a gap of 205 basis points (as of October 23, 2026). These are asking cap rates, not closed sales.
What does a Planet Fitness property cost compared with Raising Cane's?
The median asking price is $4.03M for Planet Fitness and $4.49M for Raising Cane's (as of October 23, 2026).
Which has more lease term left, Planet Fitness or Raising Cane's?
The median remaining primary term is 10.0 years for Planet Fitness and 13.9 years for Raising Cane's (as of October 23, 2026).