Raising Cane's 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 | Raising Cane's | Wawa |
|---|---|---|
| Active listings | 9 | 10 |
| Average asking price | $4.53M | $5.77M |
| Median asking price | $4.49M | $6.46M |
| Average asking cap rate | 4.58% | 4.89% |
| Median asking cap rate | 4.45% | 4.88% |
| Median lease term left | 13.9 years | 19.8 years |
| Top states | Tennessee (3), California (2), Illinois (2) | Florida (3), Delaware (2), New Jersey (2) |
Raising Cane's listings · Wawa listings · NNN Cap Rate Report
Raising Cane's vs Wawa FAQ
How many Raising Cane's and Wawa net lease properties are for sale?
As of October 23, 2026, Net Lease World shows 9 active Raising Cane's listings and 10 active Wawa listings.
Which has higher cap rates, Raising Cane's or Wawa?
Wawa listings have the higher median asking cap rate: 4.45% for Raising Cane's vs 4.88% for Wawa, a gap of 43 basis points (as of October 23, 2026). These are asking cap rates, not closed sales.
What does a Raising Cane's property cost compared with Wawa?
The median asking price is $4.49M for Raising Cane's and $6.46M for Wawa (as of October 23, 2026).
Which has more lease term left, Raising Cane's or Wawa?
The median remaining primary term is 13.9 years for Raising Cane's and 19.8 years for Wawa (as of October 23, 2026).