Noodles & Company NNN Properties for Sale

Live Noodles & Company listings

2 active Noodles & Company listings as of October 23, 2026.

Noodles & Company market snapshot

Live Noodles & Company listings, as of October 23, 2026
MetricValue
Active listings2
Average asking price$1.72M
Median asking price$1.72M
Average asking cap rate5.63%
Median asking cap rate5.63%
Median remaining lease term12.8 years

Noodles & Company cap rates by band

Live Noodles & Company listings by asking cap rate, as of October 23, 2026
Cap rate bandListingsAverage asking price
5.00% – 5.99%1$1.69M
6.00% – 6.99%1$1.75M

Noodles & Company listings by state

Live Noodles & Company listings by state, as of October 23, 2026
StateListingsAverage cap rate
Colorado16.25%
Idaho15.00%

Noodles & Company remaining lease term

Live Noodles & Company listings by remaining primary term, as of October 23, 2026
Remaining termListingsAverage cap rate
5 – 9.9 years16.25%
15+ years15.00%

Buying Noodles & Company 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 2 live Noodles & Company listings have 10 or more years of primary lease term remaining (as of October 23, 2026).

Noodles & Company 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.

Noodles & Company net lease FAQ

How many Noodles & Company net lease properties are for sale?

Net Lease World shows 2 live Noodles & Company listings as of October 23, 2026.

What cap rates are Noodles & Company properties listed at?

Live Noodles & Company listings with a published cap rate range from 5.00% to 6.25%, with a median of 5.63% (as of October 23, 2026). These are asking cap rates, not closed sales.

What is the typical asking price for a Noodles & Company property?

The median asking price across live Noodles & Company listings with a published price is $1.72M (as of October 23, 2026).

Which states have the most Noodles & Company listings?

Colorado (1), Idaho (1). Listings appear in 2 states in total (as of October 23, 2026).

How much lease term is left on Noodles & Company listings?

The median remaining primary lease term is 12.8 years; 1 listing has 10 or more years remaining (as of October 23, 2026).

Can I buy Noodles & Company properties in a 1031 exchange?

Generally yes, if both the property you sell and the one you buy are held for investment or business use. You must identify replacement property within 45 days of your sale and close within 180 days, with a Qualified Intermediary holding the proceeds. Confirm the details with your tax adviser.

What does NNN mean on these listings?

In a triple net (NNN) lease the tenant pays real estate taxes, building insurance and maintenance on top of rent. Some NNN leases still leave the roof, structure or parking lot with the landlord, so read each lease before you buy.

How do I get the offering memorandum?

Open a listing and choose Request OM. A free Net Lease World account is required to receive offering memoranda.

NNN tenant credit ratings by sector