Walgreens 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.
| Metric | Walgreens | Wendy's |
|---|---|---|
| Active listings | 87 | 42 |
| Average asking price | $4.69M | $2.25M |
| Median asking price | $4.17M | $2.29M |
| Average asking cap rate | 7.13% | 5.78% |
| Median asking cap rate | 7.00% | 5.85% |
| Median lease term left | 8.0 years | 14.8 years |
| Top states | Florida (13), North Carolina (8), Illinois (6) | Virginia (9), Michigan (8), Florida (7) |
Walgreens listings · Wendy's listings · NNN Cap Rate Report
Walgreens vs Wendy's FAQ
How many Walgreens and Wendy's net lease properties are for sale?
As of October 23, 2026, Net Lease World shows 87 active Walgreens listings and 42 active Wendy's listings.
Which has higher cap rates, Walgreens or Wendy's?
Walgreens listings have the higher median asking cap rate: 7.00% for Walgreens vs 5.85% for Wendy's, a gap of 115 basis points (as of October 23, 2026). These are asking cap rates, not closed sales.
What does a Walgreens property cost compared with Wendy's?
The median asking price is $4.17M for Walgreens and $2.29M for Wendy's (as of October 23, 2026).
Which has more lease term left, Walgreens or Wendy's?
The median remaining primary term is 8.0 years for Walgreens and 14.8 years for Wendy's (as of October 23, 2026).