Fazoli's NNN Properties for Sale
2 live Fazoli's listings as of October 7, 2026.
Fazoli's cap rates by band
| Cap rate band | Listings | Average asking price |
|---|---|---|
| 5.00% – 5.99% | 1 | $9.96M |
| 7.00% – 7.99% | 1 | $1.45M |
Fazoli's listings by state
| State | Listings | Average cap rate |
|---|---|---|
| Kentucky | 1 | 7.00% |
| Missouri | 1 | 5.40% |
Fazoli's remaining lease term
| Remaining term | Listings | Average cap rate |
|---|---|---|
| 5 – 9.9 years | 2 | 6.20% |
Buying Fazoli's 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.
Fazoli's 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.
Fazoli's net lease FAQ
How many Fazoli's net lease properties are for sale?
Net Lease World shows 2 live Fazoli's listings as of October 7, 2026.
What cap rates are Fazoli's properties listed at?
Live Fazoli's listings with a published cap rate range from 5.40% to 7.00%, with a median of 6.20% (as of October 7, 2026). These are asking cap rates, not closed sales.
What is the typical asking price for a Fazoli's property?
The median asking price across live Fazoli's listings with a published price is $5.71M (as of October 7, 2026).
Which states have the most Fazoli's listings?
Kentucky (1), Missouri (1). Listings appear in 2 states in total (as of October 7, 2026).
How much lease term is left on Fazoli's listings?
The median remaining primary lease term is 5.9 years; 0 listings have 10 or more years remaining (as of October 7, 2026).
Live Fazoli's listings
- Fazoli's — Lexington, KY · Asking $1.45M · 7.00% cap rate
- Fazoli's — Lee's Summit, MO · Asking $9.96M · 5.40% cap rate