Wawa 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 | Wawa | Wendy's |
|---|---|---|
| Active listings | 10 | 42 |
| Average asking price | $5.77M | $2.25M |
| Median asking price | $6.46M | $2.29M |
| Average asking cap rate | 4.89% | 5.78% |
| Median asking cap rate | 4.88% | 5.85% |
| Median lease term left | 19.8 years | 14.8 years |
| Top states | Florida (3), Delaware (2), New Jersey (2) | Virginia (9), Michigan (8), Florida (7) |
Wawa listings · Wendy's listings · NNN Cap Rate Report
Wawa vs Wendy's FAQ
How many Wawa and Wendy's net lease properties are for sale?
As of October 23, 2026, Net Lease World shows 10 active Wawa listings and 42 active Wendy's listings.
Which has higher cap rates, Wawa or Wendy's?
Wendy's listings have the higher median asking cap rate: 4.88% for Wawa vs 5.85% for Wendy's, a gap of 97 basis points (as of October 23, 2026). These are asking cap rates, not closed sales.
What does a Wawa property cost compared with Wendy's?
The median asking price is $6.46M for Wawa and $2.29M for Wendy's (as of October 23, 2026).
Which has more lease term left, Wawa or Wendy's?
The median remaining primary term is 19.8 years for Wawa and 14.8 years for Wendy's (as of October 23, 2026).