Starbucks vs Wendy's: Net Lease Comparison

Figures below come from active Net Lease World listings as of October 23, 2026. Asking cap rates, not closed sales.

Starbucks vs Wendy's, active listings as of October 23, 2026
MetricStarbucksWendy's
Active listings3442
Average asking price$3.04M$2.25M
Median asking price$2.77M$2.29M
Average asking cap rate5.55%5.78%
Median asking cap rate5.50%5.85%
Median lease term left9.8 years14.8 years
Top statesCalifornia (5), Indiana (4), Arizona (3)Virginia (9), Michigan (8), Florida (7)

Starbucks listings · Wendy's listings · NNN Cap Rate Report

Starbucks vs Wendy's FAQ

How many Starbucks and Wendy's net lease properties are for sale?

As of October 23, 2026, Net Lease World shows 34 active Starbucks listings and 42 active Wendy's listings.

Which has higher cap rates, Starbucks or Wendy's?

Wendy's listings have the higher median asking cap rate: 5.50% for Starbucks vs 5.85% for Wendy's, a gap of 35 basis points (as of October 23, 2026). These are asking cap rates, not closed sales.

What does a Starbucks property cost compared with Wendy's?

The median asking price is $2.77M for Starbucks and $2.29M for Wendy's (as of October 23, 2026).

Which has more lease term left, Starbucks or Wendy's?

The median remaining primary term is 9.8 years for Starbucks and 14.8 years for Wendy's (as of October 23, 2026).

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