Planet Fitness 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 | Planet Fitness | Wawa |
|---|---|---|
| Active listings | 3 | 10 |
| Average asking price | $4.10M | $5.77M |
| Median asking price | $4.03M | $6.46M |
| Average asking cap rate | 6.90% | 4.89% |
| Median asking cap rate | 6.50% | 4.88% |
| Median lease term left | 10.0 years | 19.8 years |
| Top states | Georgia (1), New Mexico (1), Washington (1) | Florida (3), Delaware (2), New Jersey (2) |
Planet Fitness listings · Wawa listings · NNN Cap Rate Report
Planet Fitness vs Wawa FAQ
How many Planet Fitness and Wawa net lease properties are for sale?
As of October 23, 2026, Net Lease World shows 3 active Planet Fitness listings and 10 active Wawa listings.
Which has higher cap rates, Planet Fitness or Wawa?
Planet Fitness listings have the higher median asking cap rate: 6.50% for Planet Fitness vs 4.88% for Wawa, a gap of 162 basis points (as of October 23, 2026). These are asking cap rates, not closed sales.
What does a Planet Fitness property cost compared with Wawa?
The median asking price is $4.03M for Planet Fitness and $6.46M for Wawa (as of October 23, 2026).
Which has more lease term left, Planet Fitness or Wawa?
The median remaining primary term is 10.0 years for Planet Fitness and 19.8 years for Wawa (as of October 23, 2026).