Five Guys NNN Properties for Sale

4 live Five Guys listings as of October 7, 2026.

Five Guys cap rates by band

Live Five Guys listings by asking cap rate, as of October 7, 2026
Cap rate bandListingsAverage asking price
5.00% – 5.99%2$3.56M
6.00% – 6.99%2$2.03M

Five Guys listings by state

Live Five Guys listings by state, as of October 7, 2026
StateListingsAverage cap rate
Arizona16.00%
Colorado15.50%
Illinois15.75%
Pennsylvania16.25%

Five Guys remaining lease term

Live Five Guys listings by remaining primary term, as of October 7, 2026
Remaining termListingsAverage cap rate
5 – 9.9 years25.88%
10 – 14.9 years25.88%

Buying Five Guys 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.

2 of the 4 live Five Guys listings have 10 or more years of primary lease term remaining (as of October 7, 2026).

Five Guys 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.

Five Guys net lease FAQ

How many Five Guys net lease properties are for sale?

Net Lease World shows 4 live Five Guys listings as of October 7, 2026.

What cap rates are Five Guys properties listed at?

Live Five Guys listings with a published cap rate range from 5.50% to 6.25%, with a median of 5.88% (as of October 7, 2026). These are asking cap rates, not closed sales.

What is the typical asking price for a Five Guys property?

The median asking price across live Five Guys listings with a published price is $2.78M (as of October 7, 2026).

Which states have the most Five Guys listings?

Arizona (1), Colorado (1), Illinois (1). Listings appear in 4 states in total (as of October 7, 2026).

How much lease term is left on Five Guys listings?

The median remaining primary lease term is 8.0 years; 2 listings have 10 or more years remaining (as of October 7, 2026).

Live Five Guys listings