RaceTrac NNN Properties for Sale
3 live RaceTrac listings as of October 7, 2026.
RaceTrac cap rates by band
| Cap rate band | Listings | Average asking price |
|---|---|---|
| Under 5.00% | 1 | $7.25M |
| 5.00% – 5.99% | 2 | $6.30M |
RaceTrac listings by state
| State | Listings | Average cap rate |
|---|---|---|
| Florida | 1 | 5.10% |
| Texas | 1 | 4.60% |
RaceTrac remaining lease term
| Remaining term | Listings | Average cap rate |
|---|---|---|
| 15+ years | 3 | 4.90% |
Buying RaceTrac 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.
3 of the 3 live RaceTrac listings have 10 or more years of primary lease term remaining (as of October 7, 2026).
RaceTrac 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.
RaceTrac net lease FAQ
How many RaceTrac net lease properties are for sale?
Net Lease World shows 3 live RaceTrac listings as of October 7, 2026.
What cap rates are RaceTrac properties listed at?
Live RaceTrac listings with a published cap rate range from 4.60% to 5.10%, with a median of 5.00% (as of October 7, 2026). These are asking cap rates, not closed sales.
What is the typical asking price for a RaceTrac property?
The median asking price across live RaceTrac listings with a published price is $7.25M (as of October 7, 2026).
Which states have the most RaceTrac listings?
Florida (1), Texas (1). Listings appear in 2 states in total (as of October 7, 2026).
How much lease term is left on RaceTrac listings?
The median remaining primary lease term is 15.0 years; 3 listings have 10 or more years remaining (as of October 7, 2026).
Live RaceTrac listings
- RaceTrac — Conroe, TX · Asking $7.25M · 4.60% cap rate
- RaceTrac — Tampa, FL · Asking $7.85M · 5.10% cap rate
- RaceTrac · Asking $4.75M · 5.00% cap rate