Sheetz 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.

Sheetz vs Wawa, active listings as of October 23, 2026
MetricSheetzWawa
Active listings510
Average asking price$4.75M$5.77M
Median asking price$4.41M$6.46M
Average asking cap rate5.44%4.89%
Median asking cap rate5.45%4.88%
Median lease term left15.0 years19.8 years
Top statesOhio (2), Pennsylvania (2), North Carolina (1)Florida (3), Delaware (2), New Jersey (2)

Sheetz listings · Wawa listings · NNN Cap Rate Report

Sheetz vs Wawa FAQ

How many Sheetz and Wawa net lease properties are for sale?

As of October 23, 2026, Net Lease World shows 5 active Sheetz listings and 10 active Wawa listings.

Which has higher cap rates, Sheetz or Wawa?

Sheetz listings have the higher median asking cap rate: 5.45% for Sheetz vs 4.88% for Wawa, a gap of 57 basis points (as of October 23, 2026). These are asking cap rates, not closed sales.

What does a Sheetz property cost compared with Wawa?

The median asking price is $4.41M for Sheetz and $6.46M for Wawa (as of October 23, 2026).

Which has more lease term left, Sheetz or Wawa?

The median remaining primary term is 15.0 years for Sheetz and 19.8 years for Wawa (as of October 23, 2026).