ExxonMobil NNN Properties For Sale: Listings, Cap Rates and 1031 Buyer Guide

28th September 2026 | by the Investment Grade Team

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This page tracks every ExxonMobil net lease property observed for sale in the United States, refreshed automatically from listing broker materials, checks the tenant against the investment grade threshold, and walks through how to evaluate one before you make an offer. If you want the corporate credit story, the ExxonMobil credit rating and cap rate profile covers it. This page is about the inventory: what is on the market, what it is asking, how the pricing breaks down by term, state and lease type, and how a buyer, especially a 1031 exchange buyer, should work through it.

On an ExxonMobil property, who signed the lease determines the credit. Exxon Mobil Corporation carries long-term issuer ratings of AA- (Positive outlook) from S&P Global Ratings and Aa2 (Stable outlook) from Moody’s, which places it in investment grade territory (BBB-/Baa3 or higher). Ratings checked September 27, 2026. Many ExxonMobil locations are operated by a franchisee, dealer or independent operator, and an issuer rating does not extend to an operator lease unless a written corporate guaranty says so. Confirm the signature block. See the ExxonMobil credit profile. Verified September 16, 2026.

14 ExxonMobil NNN properties observed for sale across 7 states as of September 25, 2026. Median asking cap rate 6.35% (range 5.50% to 8.62%). Median asking price $2.75M. Average remaining lease term 5.7 years. Median building 2,544 SF. Figures update automatically from listing broker materials.

ExxonMobil NNN Properties For Sale: Latest Listings

Up to twelve of the most recently listed single-tenant ExxonMobil properties with published pricing. Open any listing and register for full property data, including the address, location map and an IG summary with due diligence questions.

LocationAsking PriceCap RateNOITerm LeftBuiltLease
Cypress, TX$5,489,5837.20%$395,250n/a2016************Get full property data
Houston, TX$5,292,2707.15%$378,397n/a2015************Get full property data
Stuart, FL$2,990,0006.00%n/an/a1999************Get full property data
PEMBERTON, NJ$3,051,4287.08%$216,185n/an/a************Get full property data
GREENSBORO, NC$1,136,0006.35%$72,1537.6 yrs1996Absolute NNNGet full property data
Bay Shore, NY$1,928,0005.75%$110,9004.4 yrs2004Absolute NNNGet full property data
Corpus Christi, TX$2,188,0005.50%$120,3606.2 yrs1987Absolute NNNGet full property data
Corpus Christi, TX$1,070,0005.75%$61,5406.2 yrs1971Absolute NNNGet full property data

Search all 14 ExxonMobil properties on the market

Market observations aggregated from listing broker materials; not offerings by Investment Grade Income Property, LP. Asking price, cap rate and NOI as published by the listing party. Information deemed reliable but not guaranteed. Verify all figures before relying on them.

Get new ExxonMobil listings in your cap rate band

New ExxonMobil net lease listings matched to your criteria, emailed as they are observed on the market. One email per match, nothing else.

Investment Grade Income Property, LP is a licensed commercial real estate brokerage. Your details are used to send the information you requested and are never shared with listing brokers without your permission.

What You Are Actually Buying

Exxon and Mobil branded sites are typically operated by independent dealers or distributors rather than the corporation. The brand belongs to one of the highest-rated issuers in the market, and that rating usually does not stand behind the lease. Confirm the obligor and run full environmental diligence.

The typical asset is a 3,000 to 6,000 square foot store on a corner parcel with fuel canopies and underground storage tanks, and on the larger travel formats a significantly bigger footprint with food service. The fuel component is the defining feature and it introduces liability that does not exist on other small-format net lease.

Across the current inventory, roughly 9% of listings with a reported build year were delivered in the last four years, and about 0% are marketed as NN, NN+ or simply Net, which usually means the landlord retains roof and structure and sometimes parking and HVAC. Read the lease rather than the brochure headline. If the rating framework behind investment grade tenancy is unfamiliar, the investment grade guide explains it.

ExxonMobil Cap Rate, Price and Term Distribution

These tables are generated from the live inventory and refresh every few hours. Use them to place any individual listing in context rather than judging an asking cap rate in isolation.

Asking Cap Rate BandListingsShareAvg Asking Price
5.50% to 5.99%321%$1.73M
6.00% to 6.49%214%$2.06M
7.00% and above429%$4.71M
Asking Price BandListingsShareAvg Cap Rate
Under $1.5M321%6.05%
$1.5M to $2.5M321%5.63%
$2.5M to $3.5M321%6.54%
$3.5M to $5M17%n/a
$5M and above429%7.66%
Remaining Lease TermListingsAvg Cap Rate
Under 5 years25.75%
5 to 10 years35.87%
Lease Type (as marketed)Listings
Not stated5
************4
Absolute NNN4
NNN1

How to read the pricing

The spread inside the ExxonMobil inventory runs from 5.50% to 8.62%, against a median of 6.35%, and almost all of it is explained by three variables. First, remaining term, which the term table above prices directly. Second, geography, which the state table below shows. Third, lease structure and real estate quality: absolute NNN, fee simple and strong access trade at the tight end, while NN, ground lease and secondary access trade wider. When a listing sits far outside the band its term and state would predict, there is usually a reason in the lease, and it is worth finding before you write the offer rather than after.

Where ExxonMobil NNN Properties Are For Sale

Current inventory spans 7 states. State-level cap rate differences of 50 to 100 basis points are normal and reflect state income tax, population growth and buyer competition more than anything about the tenant.

StateListingsAvg Cap RateAvg Asking Price
TX56.84%$3.81M
FL36.00%$1.96M
NJ27.08%$2.78M
UT1n/a$6.00M
NY15.75%$1.93M
NC16.35%$1.14M
SC1n/a$3.50M

ExxonMobil as a 1031 Exchange Replacement Property

The median asking price in the current ExxonMobil inventory is $2.75M, and about 43% of listings fall in the middle of the market between 1.5 and 3.5 million dollars. Whether that fits an exchange depends on the equity coming out of the relinquished property and on the debt you need to replace.

  • Identify from the live list, not a stale one. Listings move. Identify two or three specific properties under the three-property rule and keep a backup that is realistically still available.
  • Debt replacement is the trap. If the relinquished property carried a mortgage, you must replace that debt or add cash to fully defer gain. Where lender pricing sits above the asking cap rate, financed acquisitions run negative leverage.
  • Term should match your hold. If you plan to hold through the next exchange or pass the asset to heirs, prioritize term and options over 25 basis points of cap rate.
  • Close-ability matters more than price. A clean estoppel, a current lease and no pending relocation are worth paying for on a 45-day clock.

For identification mechanics, timelines and the NNN, DST and UPREIT alternatives, see the 1031 exchange into investment grade property guide.

ExxonMobil NNN Due Diligence Checklist

These are the items that change the value of an ExxonMobil listing and are rarely resolved by the offering memorandum.

  • Underground storage tanks and environmental. Obtain Phase I and, where indicated, Phase II. Confirm tank age, testing and registration records, and exactly who carries remediation obligation under the lease.
  • Lease signatory. Establish whether the obligor is the corporate entity, a franchisee or a dealer, and whether a corporate guaranty exists.
  • Fuel supply agreements. Understand any branded supply arrangement and whether it survives a sale.
  • Access and corner quality. Curb cuts, signalization and traffic counts drive both current volume and residual value on a fuel site.

How Investment Grade Works With ExxonMobil Buyers

Investment Grade Income Property, LP is a licensed commercial real estate brokerage providing national advisory on acquisitions and dispositions of net lease property, with Broker of Record co-listing partnerships in all 50 states. On an ExxonMobil acquisition we screen the live inventory against your criteria, pull the lease abstract behind any listing you want to pursue, benchmark the asking cap rate against the distribution above, and negotiate on your side of the table through closing. On most transactions there is no separate fee to the buyer because compensation is paid from the transaction by the listing side. Where that is not the case we disclose it in writing before you engage.

Owners of existing ExxonMobil properties can use this page as a valuation benchmark. If you are weighing a sale, an off market disposition to a qualified 1031 buyer often closes faster and with less retrading than a broad marketing process.

Frequently Asked Questions

How many ExxonMobil NNN properties are for sale right now?

As of September 25, 2026, 14 single-tenant ExxonMobil net lease properties are observed for sale across 7 states. The count updates automatically as listings are added and removed.

Is ExxonMobil investment grade?

That depends on who signed the lease. Exxon Mobil Corporation carries long-term issuer ratings of AA- (Positive outlook) from S&P Global Ratings and Aa2 (Stable outlook) from Moody’s, which places it in investment grade territory (BBB-/Baa3 or higher). Ratings checked September 27, 2026.

What cap rate do ExxonMobil NNN properties sell at?

The current median asking cap rate is 6.35%, with the inventory ranging from 5.50% to 8.62%. Longer term, stronger markets and absolute NNN structures price at the tight end.

How much does an ExxonMobil NNN property cost?

The median asking price in the current inventory is $2.75M, with listings from $0.90M to $6.00M. About 43% fall between 1.5 and 3.5 million dollars.

Who signs the lease on an ExxonMobil property?

Exxon and Mobil branded sites are typically operated by independent dealers or distributors rather than the corporation. The brand belongs to one of the highest-rated issuers in the market, and that rating usually does not stand behind the lease. Confirm the obligor and run full environmental diligence.

Working an ExxonMobil acquisition or a 1031 identification deadline? Register on any listing above for full property data and a due diligence review, or email steve@investmentgrade.pro with your price range, target states and closing timeline and we will screen the live inventory for you.

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