Big Lots NNN Properties for Sale
3 live Big Lots listings as of October 7, 2026.
Big Lots cap rates by band
| Cap rate band | Listings | Average asking price |
|---|---|---|
| 5.00% – 5.99% | 1 | $6.17M |
| 6.00% – 6.99% | 1 | $3.89M |
| 7.00% – 7.99% | 1 | $2.10M |
Big Lots listings by state
| State | Listings | Average cap rate |
|---|---|---|
| Michigan | 1 | 7.86% |
| Texas | 1 | 6.75% |
| Washington | 1 | 5.75% |
Big Lots remaining lease term
| Remaining term | Listings | Average cap rate |
|---|---|---|
| Under 5 years | 1 | 7.86% |
| 5 – 9.9 years | 1 | 6.75% |
| 10 – 14.9 years | 1 | 5.75% |
Buying Big Lots in a 1031 exchange
In a 1031 exchange, replacement property must be identified within 45 days of selling the relinquished property and the purchase must close within 180 days. A qualified intermediary holds the sale proceeds in between. Speak with your own tax adviser about your situation.
1 of the 3 live Big Lots listings have 10 or more years of primary lease term remaining (as of October 7, 2026).
Big Lots due-diligence checklist
- Read the full lease: confirm the firm term, renewal options, rent schedule and every landlord responsibility.
- Confirm who guarantees the lease (corporate, franchisee or personal) and review the guarantor’s financial statements where available.
- Order tenant estoppel and SNDA documents before closing.
- Review the title commitment, survey and zoning report for the parcel.
- Commission a Phase I environmental site assessment.
- Inspect the roof, structure, parking lot and HVAC, and confirm any warranties.
- Verify property tax, insurance and CAM reimbursements against the lease.
- Review store-level sales or rent-to-sales data if the tenant reports it.
Big Lots net lease FAQ
How many Big Lots net lease properties are for sale?
Net Lease World shows 3 live Big Lots listings as of October 7, 2026.
What cap rates are Big Lots properties listed at?
Live Big Lots listings with a published cap rate range from 5.75% to 7.86%, with a median of 6.75% (as of October 7, 2026). These are asking cap rates, not closed sales.
What is the typical asking price for a Big Lots property?
The median asking price across live Big Lots listings with a published price is $3.89M (as of October 7, 2026).
Which states have the most Big Lots listings?
Michigan (1), Texas (1), Washington (1). Listings appear in 3 states in total (as of October 7, 2026).
How much lease term is left on Big Lots listings?
The median remaining primary lease term is 8.0 years; 1 listing has 10 or more years remaining (as of October 7, 2026).
Live Big Lots listings
- Big Lots — Everett, WA · Asking $6.17M · 5.75% cap rate
- Big Lots — Sault Ste. Marie, MI · Asking $2.10M · 7.86% cap rate
- Big Lots — Lubbock, TX · Asking $3.89M · 6.75% cap rate