54 NNN properties are observed for sale in Maryland across 45 tenants and 37 cities as of October 23, 2026, at a median asking cap rate of 6.15%, 20 basis points below the national median of 6.35%. Investment Grade Research tracks each one across publicly marketed offerings and broker materials, checks every tenant against the investment grade threshold, and publishes the observations here: which tenants and cities carry the inventory, what it is asking, how Maryland prices against the national market, and how an acquisition or 1031 exchange buyer should work through it.
Asking cap rates in Maryland run from 4.00% to 11.00%, with the middle half of listings between 5.50% and 6.75%. Median asking price $3.96M (median $676 per SF). Average remaining lease term 12.0 years among 12 listings that state a term. 7 listings report a 2026 build year. 33 listings came to market and 22 left the market in the last 90 days. Figures update automatically across publicly marketed offerings and broker materials.
Key findings, as of October 23, 2026
- 54 NNN listings are observed in Maryland, the 34th largest inventory of the 50 states with listings.
- The median asking cap rate of 6.15% is 20 basis points below the national median, the 40th widest gap from the national median among the 50 states.
- The median Maryland listing has been on the market 80 days; 33 came to market and 22 left the market in the last 90 days.
NNN Properties For Sale in Maryland: Latest Listings
Up to twenty-four single-tenant net lease properties in Maryland with published pricing, the newest from each tenant first so the table reflects the whole Maryland market rather than one or two active tenants. Below the table, the full listing browser carries every observed Maryland listing with tenant, city, cap rate, price and term filters. Open any listing and register for full property data, including the address, location map and an IG summary with due diligence questions.
| Tenant | City | Asking Price | Cap Rate | NOI | Term Left | Built | Lease | |
|---|---|---|---|---|---|---|---|---|
| Wawa | Linthicum Heights | $7,900,000 | 5.00% | $395,000 | n/a | 2026 | Not stated | Get full property data |
| Safelite Auto Glass | Waldorf | $1,725,000 | 7.01% | $120,935 | n/a | 1985 | Not stated | Get full property data |
| Ebisu Life Store | Towson | $6,325,000 | 6.50% | $411,099 | n/a | 1975 | Not stated | Get full property data |
| Dollar General | Marbury | $1,607,242 | 6.20% | $99,649 | n/a | 2021 | Not stated | Get full property data |
| Smoothie King | Forestville | $4,321,000 | 6.15% | $265,778 | n/a | 2023 | Not stated | Get full property data |
| Walgreens | Baltimore | $4,995,000 | 7.79% | $389,000 | n/a | 2001 | Not stated | Get full property data |
| Mr. Tire | Lexington Park | $1,531,500 | 7.00% | $107,205 | n/a | 2004 | Not stated | Get full property data |
| Advance Auto Parts | Middle River | $2,189,675 | 6.15% | $134,665 | n/a | 2016 | Not stated | Get full property data |
| KinderCare | Waldorf | $6,751,000 | 6.75% | $455,658 | n/a | 2025 | Not stated | Get full property data |
| Bank of America | Cockeysville | $4,758,000 | 7.25% | $344,960 | n/a | 2015 | Not stated | Get full property data |
| McDonald's | Fort Washington | $3,000,000 | 4.00% | $120,000 | n/a | 1976 | Not stated | Get full property data |
| Giant | Fort Washington | $13,350,000 | 5.75% | $767,800 | n/a | 1976 | Not stated | Get full property data |
| Starbucks | Salisbury | $2,450,000 | 6.33% | $155,000 | n/a | 2025 | Not stated | Get full property data |
| Pollo Campero | Waldorf | $3,181,818 | 5.50% | $175,000 | n/a | 2026 | Not stated | Get full property data |
| Johns Hopkins University | Baltimore | $9,707,000 | 7.00% | $679,512 | n/a | 2006 | Not stated | Get full property data |
| Crash Champions | Woodlawn | $2,900,000 | 6.75% | $191,947 | n/a | 1999 | Not stated | Get full property data |
| Mavis Discount Tires | Oxon Hill | $2,750,000 | 6.00% | $165,000 | n/a | 1968 | Not stated | Get full property data |
| Arby's | Frederick | $2,733,791 | 5.75% | $157,193 | n/a | 2000 | Not stated | Get full property data |
| Sherwin-Williams | Baltimore | $1,485,000 | 6.25% | $92,823 | n/a | 1986 | Not stated | Get full property data |
| MedStar Health Urgent Care | Olney | $4,829,774 | 5.75% | $277,712 | n/a | 1988 | Not stated | Get full property data |
| Raising Cane's | Forestville | $3,275,000 | 4.65% | $152,200 | n/a | 2023 | Not stated | Get full property data |
| Taco Bell | Forestville | $1,995,000 | 4.95% | $83,795 implies 4.20%; verify | n/a | 1991 | Not stated | Get full property data |
| Wendy's | Forestville | $3,090,000 | 5.50% | $170,000 | n/a | 2007 | Not stated | Get full property data |
| 7-Eleven | Germantown | $4,014,912 | 5.50% | $220,820 | n/a | n/a | Not stated | Get full property data |
Showing 24 of 54 observed Maryland listings: the newest from each tenant first, then each tenant’s next newest. Listings without a published asking price and cap rate are not shown here.
Market observations aggregated from publicly marketed offerings and broker materials; not offerings by Investment Grade Income Property, LP. Asking price, cap rate and NOI as published by the offering party. Information deemed reliable but not guaranteed. Verify all figures before relying on them.
Maryland NNN Properties by Tenant
Listing count, median asking cap rate and cap range by tenant. Tenants with a linked page have a full credit rating, cap rate and inventory profile; the rest are tracked here at the state level until they earn a page of their own.
| Tenant | Listings | Median Cap | Cap Range | Median Price | |
|---|---|---|---|---|---|
| Royal Farms | 3 | 5.00% | 5.00% to 5.47% | $4.75M | |
| Walgreens | 3 | 7.79% | 6.40% to 11.00% | $4.77M | Walgreens NNN for sale |
| 7-Eleven | 2 | 5.50% | 5.50% to 5.50% | $4.08M | 7-Eleven NNN for sale |
| Advance Auto Parts | 2 | 5.95% | 5.75% to 6.15% | $2.45M | Advance Auto Parts NNN for sale |
| McDonald's | 2 | 4.13% | 4.00% to 4.25% | $3.35M | McDonald's NNN for sale |
| Sherwin-Williams | 2 | 5.88% | 5.50% to 6.25% | $3.13M | Sherwin-Williams NNN for sale |
| Taco Bell | 2 | 4.85% | 4.75% to 4.95% | $2.26M | Taco Bell NNN for sale |
| AAMCO | 1 | n/a | n/a | $1.10M | |
| Arby's | 1 | 5.75% | 5.75% to 5.75% | $2.73M | Arby's NNN for sale |
| Bank of America | 1 | 7.25% | 7.25% to 7.25% | $4.76M | Bank of America NNN for sale |
| Behavioral Framework | 1 | 7.00% | 7.00% to 7.00% | $5.25M | |
| Carrabba's Italian Grill | 1 | 6.65% | 6.65% to 6.65% | $5.39M | Carrabba's Italian Grill NNN for sale |
| Checkers | 1 | n/a | n/a | $3.90M | |
| Chick-fil-A | 1 | 4.35% | 4.35% to 4.35% | $3.90M | Chick-fil-A NNN for sale |
| Concerted Care Group | 1 | 6.60% | 6.60% to 6.60% | $6.62M | |
| Crash Champions | 1 | 6.75% | 6.75% to 6.75% | $2.90M | |
| Dollar General | 1 | 6.20% | 6.20% to 6.20% | $1.61M | Dollar General NNN for sale |
| Dollar Tree | 1 | 8.75% | 8.75% to 8.75% | $1.78M | Dollar Tree NNN for sale |
| Ebisu Life Store | 1 | 6.50% | 6.50% to 6.50% | $6.33M | |
| FedEx | 1 | 6.96% | 6.96% to 6.96% | $9.30M | FedEx NNN for sale |
| First Watch | 1 | 5.75% | 5.75% to 5.75% | $4.13M | |
| Flagship Car Wash | 1 | 6.60% | 6.60% to 6.60% | $6.50M | |
| Fulton Bank | 1 | 6.25% | 6.25% to 6.25% | $5.36M | |
| Giant | 1 | 5.75% | 5.75% to 5.75% | $13.35M | |
| Hungry Bowl Bowie, LLC | 1 | 5.79% | 5.79% to 5.79% | $2.80M | |
| Johns Hopkins University | 1 | 7.00% | 7.00% to 7.00% | $9.71M | |
| Kennie's Market | 1 | 8.00% | 8.00% to 8.00% | $6.41M | |
| KinderCare | 1 | 6.75% | 6.75% to 6.75% | $6.75M | |
| Labcorp | 1 | n/a | n/a | $0.35M | Labcorp NNN for sale |
| Mavis Discount Tires | 1 | 6.00% | 6.00% to 6.00% | $2.75M | |
| MedStar Health Urgent Care | 1 | 5.75% | 5.75% to 5.75% | $4.83M | |
| Meritus Health | 1 | 6.20% | 6.20% to 6.20% | $8.63M | |
| Mr. Tire | 1 | 7.00% | 7.00% to 7.00% | $1.53M | |
| Pollo Campero | 1 | 5.50% | 5.50% to 5.50% | $3.18M | |
| Raising Cane's | 1 | 4.65% | 4.65% to 4.65% | $3.28M | |
| Safelite Auto Glass | 1 | 7.01% | 7.01% to 7.01% | $1.73M | |
| Smoothie King | 1 | 6.15% | 6.15% to 6.15% | $4.32M | |
| Sodexo | 1 | 8.93% | 8.93% to 8.93% | $1.39M | |
| Starbucks | 1 | 6.33% | 6.33% to 6.33% | $2.45M | Starbucks NNN for sale |
| TD Bank | 1 | 8.00% | 8.00% to 8.00% | $4.24M | TD Bank NNN for sale |
Tenants with the most Maryland listings observed (top 40 of 45). Tenants with a linked page have a full credit and inventory profile; 25 of the 54 listings belong to tenants with a profile page.
Maryland NNN Properties by Category
- QSR NNN properties for sale (7 in Maryland across 5 tenants)
- Pharmacy NNN properties for sale (3 in Maryland across 1 tenants)
- Bank Branch NNN properties for sale (2 in Maryland across 2 tenants)
- Dollar Store NNN properties for sale (2 in Maryland across 2 tenants)
- Gas Station and C-Store NNN properties for sale (2 in Maryland across 1 tenants)
- Auto Parts and Service NNN properties for sale (2 in Maryland across 1 tenants)
- Casual Dining NNN properties for sale (1 in Maryland across 1 tenants)
- Healthcare NNN properties for sale (1 in Maryland across 1 tenants)
Counts cover tenants with a profile page; the category pages aggregate the same tenants nationally.
Maryland NNN Properties by City
The cities with the most observed Maryland listings are Baltimore (6), Waldorf (5), Forestville (4). Tap any city in the table to filter the full listing browser to that city.
| City | Listings | Median Cap | Avg Asking Price |
|---|---|---|---|
| Baltimore | 6 | 6.63% | $13.50M |
| Waldorf | 5 | 6.70% | $3.48M |
| Forestville | 4 | 5.23% | $3.17M |
| Hagerstown | 3 | 6.60% | $5.54M |
| Bowie | 2 | 6.90% | $3.52M |
| Fort Washington | 2 | 4.88% | $8.18M |
| Frederick | 2 | 6.25% | $5.14M |
| Germantown | 2 | 5.50% | $4.08M |
| Lexington Park | 2 | 6.24% | $3.14M |
| Pasadena | 2 | 5.18% | $2.85M |
| Cambridge | 1 | 6.96% | $9.30M |
| Cockeysville | 1 | 7.25% | $4.76M |
| District Heights | 1 | 5.00% | $7.00M |
| Edgewater | 1 | 11.00% | $2.98M |
| Eldersburg | 1 | 5.75% | $2.71M |
| Elkton | 1 | 6.60% | $6.50M |
| Ellicott City | 1 | 6.25% | $5.36M |
| Gaithersburg | 1 | 5.50% | $4.77M |
| Glen Burnie | 1 | n/a | $1.10M |
| La Plata | 1 | 6.40% | $4.77M |
Cities with the most Maryland listings observed (top 20 of 37). Tap a city to filter the full listing browser.
How Maryland Prices Against the National NNN Market
The Maryland median asking cap rate of 6.15% sits 20 bps below the national median of 6.35%. A state median reflects both location and which tenants happen to be on the market, which is why the key findings above compare the same tenants inside and outside Maryland. Compare any listing with its tenant’s national cap rate bands on the tenant page before reading the state spread as a discount or a premium; the investment grade guide explains how tenant credit sets the floor under those bands.
Maryland Taxes and the 1031 Exchange Buyer
General information, not tax or legal advice. State income tax, real estate transfer tax and property tax assessment rules differ by state, and sometimes by county or city, and they affect both your exchange and what a replacement tenant could afford in rent. Confirm the rules that apply to your property with your CPA, tax attorney and qualified intermediary before you rely on them. Replacement property must be identified within 45 days after the sale of the relinquished property and received by the earlier of 180 days after that sale or the due date, including extensions, of your tax return for that year (Internal Revenue Code Section 1031(a)(3); Treasury Regulation 1.1031(k)-1(b)(2)). Ask your qualified intermediary to confirm your exact dates, and use the full listing browser above to filter Maryland inventory by tenant and city, or each tenant page for national inventory on the same credit.
How These Figures Are Calculated
Figures cover single-tenant net lease properties observed for sale in Maryland across publicly marketed offerings and broker materials, and refresh automatically with each Investment Grade Research update. A listing counts while it is actively marketed; listings marked under contract, pending or closed are excluded, as are listings priced under $150,000. Medians use published asking figures only, so they describe what sellers are asking, not closed sale prices. The same-tenant comparison takes each tenant’s median asking cap rate in Maryland and compares it with that tenant’s median in other states, for tenants with at least three Maryland listings and five listings elsewhere, weighted by Maryland listing count. Days on market are measured from the date a listing was first observed.
Frequently Asked Questions: NNN Properties For Sale in Maryland
How many NNN properties are for sale in Maryland right now?
As of October 23, 2026, 54 single-tenant net lease properties are observed for sale in Maryland across 45 tenants and 37 cities. The count updates automatically as listings are added and withdrawn.
What cap rates are Maryland NNN properties asking?
The median asking cap rate across observed Maryland listings is 6.15%, with the middle half of listings between 5.50% and 6.75%. That median is 20 bps below the national median of 6.35%. Cap rates vary by tenant, guarantee, remaining term and location; confirm the lease before relying on any single figure.
Which tenants have the most NNN listings in Maryland?
The tenants with the most observed Maryland listings right now are Royal Farms (3), Walgreens (3), 7-Eleven (2). The tenant table above lists the top 40.
Which Maryland cities have the most NNN properties for sale?
The cities with the most observed listings are Baltimore (6), Waldorf (5), Forestville (4). The city table above lists the top 20 and filters the full listing browser.
Are these listings offered by Investment Grade?
No. These are market observations aggregated from publicly marketed offerings and broker materials, not offerings by Investment Grade Income Property, LP. Registering for full property data connects you with our team for buyer representation and due diligence; the listing broker remains the listing broker.
NNN Properties For Sale in Other States
- NNN properties for sale in Arizona (160 listings)
- NNN properties for sale in California (444 listings)
- NNN properties for sale in Florida (678 listings)
- NNN properties for sale in Georgia (314 listings)
- NNN properties for sale in Illinois (337 listings)
- NNN properties for sale in New Jersey (74 listings)
- NNN properties for sale in New York (185 listings)
- NNN properties for sale in North Carolina (288 listings)
- NNN properties for sale in Tennessee (209 listings)
- NNN properties for sale in Texas (915 listings)
- NNN properties for sale in Utah (53 listings)
