Mattress Firm NNN Properties for Sale
5 live Mattress Firm listings as of October 7, 2026.
Mattress Firm cap rates by band
| Cap rate band | Listings | Average asking price |
|---|---|---|
| 5.00% – 5.99% | 1 | $3.71M |
| 6.00% – 6.99% | 3 | $2.47M |
| 7.00% – 7.99% | 1 | $2.68M |
Mattress Firm listings by state
| State | Listings | Average cap rate |
|---|---|---|
| Texas | 3 | 6.81% |
| California | 1 | 5.50% |
Mattress Firm remaining lease term
| Remaining term | Listings | Average cap rate |
|---|---|---|
| Under 5 years | 1 | 5.50% |
| 5 – 9.9 years | 3 | 6.81% |
| 10 – 14.9 years | 1 | 6.20% |
Buying Mattress Firm 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 5 live Mattress Firm listings have 10 or more years of primary lease term remaining (as of October 7, 2026).
Mattress Firm 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.
Mattress Firm net lease FAQ
How many Mattress Firm net lease properties are for sale?
Net Lease World shows 5 live Mattress Firm listings as of October 7, 2026.
What cap rates are Mattress Firm properties listed at?
Live Mattress Firm listings with a published cap rate range from 5.50% to 7.00%, with a median of 6.67% (as of October 7, 2026). These are asking cap rates, not closed sales.
What is the typical asking price for a Mattress Firm property?
The median asking price across live Mattress Firm listings with a published price is $2.68M (as of October 7, 2026).
Which states have the most Mattress Firm listings?
Texas (3), California (1). Listings appear in 2 states in total (as of October 7, 2026).
How much lease term is left on Mattress Firm listings?
The median remaining primary lease term is 5.9 years; 1 listing has 10 or more years remaining (as of October 7, 2026).
Live Mattress Firm listings
- Mattress Firm — Spring, TX · Asking $2.81M · 6.67% cap rate
- Mattress Firm & Wingstop — Gilroy, CA · Asking $3.71M · 5.50% cap rate
- Mattress Firm — Austin, TX · Asking $2.10M · 6.75% cap rate
- Mattress Firm · Asking $2.50M · 6.20% cap rate
- Mattress Firm — Spring, TX · Asking $2.68M · 7.00% cap rate