Arizona NNN Cap Rates
36 live listings in Arizona as of October 23, 2026. Asking cap rates run from 4.00% to 9.72%.
| Cap rate band | Listings | Average asking price |
|---|---|---|
| Under 5.00% | 6 | $3.35M |
| 5.00% – 5.99% | 13 | $3.46M |
| 6.00% – 6.99% | 14 | $2.71M |
| 7.00% – 7.99% | 1 | $1.01M |
| 8.00% and above | 2 | $5.88M |
Live listings in Arizona
- Circle K — Avondale, AZ · Asking $875,000 · 5.25% cap rate
- Discount Tire — Scottsdale, AZ · Asking $3.50M · 5.50% cap rate
- Christian Brothers — Phoenix, AZ · Asking $2.65M · 5.75% cap rate
- Del Taco — Phoenix, AZ · Asking $2.10M · 5.75% cap rate
- Family Dollar — Black Canyon City, AZ · Asking $1.01M · 7.24% cap rate
- McDonald's — Tempe, AZ · Asking $2.15M · 4.00% cap rate
- Tutor Time — Cave Creek, AZ · Asking $8.75M · 8.85% cap rate
- Gadzooks Enchiladas & Soups — Phoenix, AZ · Asking $1.86M · 5.25% cap rate
- Starbucks — Mesa, AZ · Asking $3.46M · 5.15% cap rate
- Heartland Dental — Bullhead City, AZ · Asking $3.89M · 5.50% cap rate
- Fresenius Dialysis — Phoenix, AZ · Asking $4.10M · 6.00% cap rate
- Take 5 Oil Change — Tucson, AZ · Asking $2.82M · 6.00% cap rate
- Black Rock Coffee — Tucson, AZ · Asking $2.48M · 6.25% cap rate
- Pep Boys — Phoenix, AZ · Asking $1.78M · 6.40% cap rate
- El Pollo Loco — Mesa, AZ · Asking $1.26M · 6.00% cap rate
- Black Rock Coffee — Chandler, AZ · Asking $2.27M · 5.50% cap rate
- Chipotle — Goodyear, AZ · Asking $4.33M · 4.50% cap rate
- Caliber Collision — Phoenix MSA, AZ · Asking $6.00M · 6.00% cap rate
- Buffalo Wild Wings — Bullhead City, AZ · Asking $3.02M · 9.72% cap rate
- Carl's Jr. — Phoenix, AZ · Asking $2.20M · 6.00% cap rate
- Five Guys Burgers and Fries / Dunkin' Donuts — Payson, AZ · Asking $2.68M · 6.00% cap rate
- Jiffy Lube — Phoenix, AZ · Asking $1.29M · 6.81% cap rate
- 7-Eleven — Phoenix, AZ · Asking $2.18M · 4.76% cap rate
- Black Rock Coffee — Tucson, AZ · Asking $2.48M · 6.25% cap rate