NTB NNN Properties for Sale

1 live NTB listing as of October 7, 2026.

NTB cap rates by band

NTB listings by state

NTB remaining lease term

Buying NTB 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.

NTB 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.

NTB net lease FAQ

How many NTB net lease properties are for sale?

Net Lease World shows 1 live NTB listing as of October 7, 2026.

What cap rates are NTB properties listed at?

Live NTB listings with a published cap rate range from 6.50% to 6.50%, with a median of 6.50% (as of October 7, 2026). These are asking cap rates, not closed sales.

What is the typical asking price for a NTB property?

The median asking price across live NTB listings with a published price is $2.45M (as of October 7, 2026).

Which states have the most NTB listings?

Georgia (1). Listings appear in 1 state in total (as of October 7, 2026).

How much lease term is left on NTB listings?

The median remaining primary lease term is 8.0 years; 0 listings have 10 or more years remaining (as of October 7, 2026).