How many net lease properties are for sale in Tennessee?

There are currently 29 net lease properties for sale in Tennessee listed on Top Net Lease, spanning 15 tenant brands.

What is the average cap rate for net lease properties in Tennessee?

The average asking cap rate for Tennessee net lease listings on Top Net Lease is approximately 6.26%, though individual properties vary with tenant credit, remaining lease term, and location.

Are Tennessee net lease properties suitable for a 1031 exchange?

Yes. Net lease properties in Tennessee are commonly used as 1031 exchange replacement assets because they provide long-term leases, national-tenant income, and minimal landlord responsibilities.

Tennessee inventory

Net Lease Properties for Sale in Tennessee

Compare triple net (NNN) and net lease commercial real estate for sale in Tennessee. Review cap rates, national credit tenants, and lease terms to find the right 1031 exchange or passive-income investment.

Active listings: 29
Avg cap rate: 6.26%
Tenant brands: 15

29 PropertiesShowing all available properties

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Advance Auto Parts - Net lease property in Kingsport, TN

Retail

Corporate Guarantee

Advance Auto Parts

$64,800

4.4 years

Arby's

$138,396

11.5 years

Asking Price$2,714,000

Arby's

$222,975

17 years

Asking Price$3,716,000

Arby's

$192,000

20 years

Asking Price$3,339,000

Burger King

$120,000

20 years

Asking Price$2,000,000

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Chick-fil-A - Net lease property in Nashville, TN

Retail

Absolute NNN

Chick-fil-A

$110,000

5.9 years

Asking Price$2,470,000

Chick-fil-A

$140,000

14.5 years

Asking Price$3,373,494

Chipotle

$211,000

15 years

Asking Price$4,220,000

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CVS Pharmacy - Net lease property in Signal Mountain, TN

Retail

Absolute NNN

CVS Pharmacy

$258,491

3.5 years

Asking Price$3,829,500

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Dollar General - Net lease property in Rocky Top, TN

Retail

Corporate Guarantee

Dollar General

$123,936

6.7 years

Asking Price$1,686,204

Dollar General

$101,559

10 years

Asking Price$1,586,859

Dollar General

$81,756

4.8 years

Asking Price$1,211,200

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Dollar General - Net lease property in Crossville, TN

Retail

Credit Rated, Corporate Guarantee

Absolute NNN

Dollar General

$92,163

7.5 years

Asking Price$1,316,616

Dollar General

$100,000

10.1 years

Asking Price$1,460,000

Dollar General

$100,395

11 years

Asking Price$1,568,672

Dollar Tree

$69,951

1 year

KFC

$183,960

17.8 years

Asking Price$2,943,349

Marco's Pizza

$74,556

6.4 years

Asking Price$1,104,500

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Popeyes - Net lease property in Covington, TN

Retail

Absolute NNN

Popeyes

$82,680

12.4 years

Asking Price$1,401,000

Popeyes

$105,538

13 years

Asking Price$1,919,000

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Sherwin-Williams - Net lease property in Knoxville, TN

Retail

Credit Rated

Sherwin-Williams

$81,324

6.3 years

Asking Price$1,302,000

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Starbucks - Net lease property in Cookeville, TN

Retail

Credit Rated, Corporate Guarantee

NN+

Starbucks

$122,252

Inquire

Asking Price$1,999,000

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Walgreens - Net lease property in Johnson City, TN

Retail

Credit Rated, Corporate Guarantee

Absolute NNN

Walgreens

$342,000

8.5 years

Asking Price$3,953,757

Walgreens

$125,000

Inquire

Asking Price$2,000,000

Walgreens

$309,480

48.2 years

Asking Price$4,760,000

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Wendy's - Net lease property in Covington, TN

Retail

NNN

Wendy's

$112,159

10.9 years

Asking Price$1,869,310

Wendy's

$133,595

13.2 years

Asking Price$2,352,442

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Wendy's - Net lease property in Sweetwater, TN

Retail

Absolute NNN

Wendy's

$140,000

20 years

Asking Price$2,240,000

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Wendy's - Net lease property in Elizabethton, TN

Retail

Franchisee, Corporate Guarantee

Absolute NNN

Wendy's

$141,368

15 years

Asking Price$2,356,000

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Looking for a net lease property?

Tell us your target price range, preferred states and tenants, and purchase timeline. Include any exchange deadline so the team understands your search. For a specific listing, use its inquiry form to request availability, lease details, and offering materials.

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Tennessee net lease properties by brand

Why invest in Tennessee net lease real estate

Tennessee attracts net lease investors seeking single-tenant retail, quick-service restaurant, pharmacy, and discount-retail assets backed by national operators. These properties combine long-term leases with limited landlord obligations.

Every listing below is a live opportunity in Tennessee. Review the tenant, remaining lease term, rent structure, and asking cap rate, then connect directly with the seller to move forward.

Frequently asked questions

How many net lease properties are for sale in Tennessee?: There are currently 29 net lease properties for sale in Tennessee listed on Top Net Lease, spanning 15 tenant brands.
What is the average cap rate for net lease properties in Tennessee?: The average asking cap rate for Tennessee net lease listings on Top Net Lease is approximately 6.26%, though individual properties vary with tenant credit, remaining lease term, and location.
Are Tennessee net lease properties suitable for a 1031 exchange?: Yes. Net lease properties in Tennessee are commonly used as 1031 exchange replacement assets because they provide long-term leases, national-tenant income, and minimal landlord responsibilities.