ModWash NNN Properties for Sale

2 live ModWash listings as of October 7, 2026.

ModWash cap rates by band

Live ModWash listings by asking cap rate, as of October 7, 2026
Cap rate bandListingsAverage asking price
6.00% – 6.99%2$5.67M

ModWash listings by state

Live ModWash listings by state, as of October 7, 2026
StateListingsAverage cap rate
North Carolina16.19%
Tennessee16.19%

ModWash remaining lease term

Live ModWash listings by remaining primary term, as of October 7, 2026
Remaining termListingsAverage cap rate
15+ years26.19%

Buying ModWash 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 2 live ModWash listings have 10 or more years of primary lease term remaining (as of October 7, 2026).

ModWash 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.

ModWash net lease FAQ

How many ModWash net lease properties are for sale?

Net Lease World shows 2 live ModWash listings as of October 7, 2026.

What cap rates are ModWash properties listed at?

Live ModWash listings with a published cap rate range from 6.19% to 6.19%, with a median of 6.19% (as of October 7, 2026). These are asking cap rates, not closed sales.

What is the typical asking price for a ModWash property?

The median asking price across live ModWash listings with a published price is $5.67M (as of October 7, 2026).

Which states have the most ModWash listings?

North Carolina (1), Tennessee (1). Listings appear in 2 states in total (as of October 7, 2026).

How much lease term is left on ModWash listings?

The median remaining primary lease term is 19.2 years; 2 listings have 10 or more years remaining (as of October 7, 2026).

Live ModWash listings