Popeyes 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 | Popeyes | Raising Cane's |
|---|---|---|
| Active listings | 17 | 9 |
| Average asking price | $2.45M | $4.53M |
| Median asking price | $2.48M | $4.49M |
| Average asking cap rate | 5.67% | 4.58% |
| Median asking cap rate | 5.80% | 4.45% |
| Median lease term left | 15.4 years | 13.9 years |
| Top states | Louisiana (3), North Carolina (2), South Carolina (2) | Tennessee (3), California (2), Illinois (2) |
Popeyes listings · Raising Cane's listings · NNN Cap Rate Report
Popeyes vs Raising Cane's FAQ
How many Popeyes and Raising Cane's net lease properties are for sale?
As of October 23, 2026, Net Lease World shows 17 active Popeyes listings and 9 active Raising Cane's listings.
Which has higher cap rates, Popeyes or Raising Cane's?
Popeyes listings have the higher median asking cap rate: 5.80% for Popeyes vs 4.45% for Raising Cane's, a gap of 135 basis points (as of October 23, 2026). These are asking cap rates, not closed sales.
What does a Popeyes property cost compared with Raising Cane's?
The median asking price is $2.48M for Popeyes and $4.49M for Raising Cane's (as of October 23, 2026).
Which has more lease term left, Popeyes or Raising Cane's?
The median remaining primary term is 15.4 years for Popeyes and 13.9 years for Raising Cane's (as of October 23, 2026).