Ulta Beauty NNN Properties for Sale

1 live Ulta Beauty listing as of October 7, 2026.

Ulta Beauty cap rates by band

Live Ulta Beauty listings by asking cap rate, as of October 7, 2026
Cap rate bandListingsAverage asking price
5.00% – 5.99%1$4.20M

Ulta Beauty listings by state

Live Ulta Beauty listings by state, as of October 7, 2026
StateListingsAverage cap rate
Tennessee15.65%

Ulta Beauty remaining lease term

Live Ulta Beauty listings by remaining primary term, as of October 7, 2026
Remaining termListingsAverage cap rate
10 – 14.9 years15.65%

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

Ulta Beauty 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.

Ulta Beauty net lease FAQ

How many Ulta Beauty net lease properties are for sale?

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

What cap rates are Ulta Beauty properties listed at?

Live Ulta Beauty listings with a published cap rate range from 5.65% to 5.65%, with a median of 5.65% (as of October 7, 2026). These are asking cap rates, not closed sales.

What is the typical asking price for a Ulta Beauty property?

The median asking price across live Ulta Beauty listings with a published price is $4.20M (as of October 7, 2026).

Which states have the most Ulta Beauty listings?

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

How much lease term is left on Ulta Beauty listings?

The median remaining primary lease term is 10.0 years; 1 listing has 10 or more years remaining (as of October 7, 2026).

Live Ulta Beauty listings