True Value NNN Properties for Sale
Live True Value listings
- True Value — Tampa, FL · Asking $2.00M · 6.00% cap rate
1 active True Value listing as of October 30, 2026.
True Value market snapshot
| Metric | Value |
|---|---|
| Active listings | 1 |
| Average asking price | $2.00M |
| Median asking price | $2.00M |
| Average asking cap rate | 6.00% |
| Median asking cap rate | 6.00% |
| Median remaining lease term | 10.0 years |
True Value cap rates by band
| Cap rate band | Listings | Average asking price |
|---|---|---|
| 6.00% – 6.99% | 1 | $2.00M |
True Value listings by state
| State | Listings | Average cap rate |
|---|---|---|
| Florida | 1 | 6.00% |
True Value remaining lease term
| Remaining term | Listings | Average cap rate |
|---|---|---|
| 10 – 14.9 years | 1 | 6.00% |
Buying True Value 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 1 live True Value listings have 10 or more years of primary lease term remaining (as of October 30, 2026).
True Value 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.
True Value net lease FAQ
How many True Value net lease properties are for sale?
Net Lease World shows 1 live True Value listing as of October 30, 2026.
What cap rates are True Value properties listed at?
Live True Value listings with a published cap rate range from 6.00% to 6.00%, with a median of 6.00% (as of October 30, 2026). These are asking cap rates, not closed sales.
What is the typical asking price for a True Value property?
The median asking price across live True Value listings with a published price is $2.00M (as of October 30, 2026).
Which states have the most True Value listings?
Florida (1). Listings appear in 1 state in total (as of October 30, 2026).
How much lease term is left on True Value listings?
The median remaining primary lease term is 10.0 years; 1 listing has 10 or more years remaining (as of October 30, 2026).
Can I buy True Value 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.