Starbucks 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 | Starbucks | Wawa |
|---|---|---|
| Active listings | 34 | 10 |
| Average asking price | $3.04M | $5.77M |
| Median asking price | $2.77M | $6.46M |
| Average asking cap rate | 5.55% | 4.89% |
| Median asking cap rate | 5.50% | 4.88% |
| Median lease term left | 9.8 years | 19.8 years |
| Top states | California (5), Indiana (4), Arizona (3) | Florida (3), Delaware (2), New Jersey (2) |
Starbucks listings · Wawa listings · NNN Cap Rate Report
Starbucks vs Wawa FAQ
How many Starbucks and Wawa net lease properties are for sale?
As of October 23, 2026, Net Lease World shows 34 active Starbucks listings and 10 active Wawa listings.
Which has higher cap rates, Starbucks or Wawa?
Starbucks listings have the higher median asking cap rate: 5.50% for Starbucks vs 4.88% for Wawa, a gap of 62 basis points (as of October 23, 2026). These are asking cap rates, not closed sales.
What does a Starbucks property cost compared with Wawa?
The median asking price is $2.77M for Starbucks and $6.46M for Wawa (as of October 23, 2026).
Which has more lease term left, Starbucks or Wawa?
The median remaining primary term is 9.8 years for Starbucks and 19.8 years for Wawa (as of October 23, 2026).