NNN Properties For Sale in Oregon (2026): Listings by Tenant, City and Cap Rate

| by Investment Grade Research

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74 NNN properties are observed for sale in Oregon across 61 tenants and 37 cities as of October 30, 2026, at a median asking cap rate of 6.00%, 35 basis points below the national median of 6.35%. Investment Grade Research tracks each one across publicly marketed offerings and broker materials, checks rated tenants against the investment grade threshold, and publishes the observations here: which tenants and cities carry the inventory, what it is asking, how Oregon prices against the national market, and how an acquisition or 1031 exchange buyer should work through it.

Asking cap rates in Oregon run from 3.50% to 9.00%, with the middle half of listings between 5.39% and 6.53%. Median asking price $2.62M (median $400 per SF). Average remaining lease term 10.4 years among 22 listings that state a term. 8 listings report a 2026 build year. 27 listings were first observed and 23 dropped off active tracking in the last 90 days. Figures update automatically across publicly marketed offerings and broker materials.

Key findings, as of October 30, 2026

  • 74 NNN listings are observed in Oregon, the 31st largest inventory of the 50 states with listings.
  • The median asking cap rate of 6.00% is 35 basis points below the national median. That is tied for the 43rd highest median asking cap rate among the 50 states with observed listings.
  • The median Oregon listing has been observed since tracking began on July 25, 2026, so it may have been on the market longer; 27 were first observed and 23 dropped off active tracking in the last 90 days.

NNN Properties For Sale in Oregon: Latest Listings

Up to twenty-four single-tenant net lease properties in Oregon with published pricing, the newest from each tenant first so the table reflects the whole Oregon market rather than one or two active tenants. Below the table, the full listing browser carries every observed Oregon 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.

TenantCityAsking PriceCap RateNOITerm LeftBuiltLease
U.S. Department of Veterans AffairsGrants Pass$2,956,7648.00%$236,541n/a2014Not statedGet full property data
Gerber Collision & GlassAlbany$2,343,5298.50%$199,200n/an/aNot statedGet full property data
Take 5 Oil ChangeSpringfield$2,783,0005.75%$160,000n/a2026Not statedGet full property data
WalgreensGladstone$5,453,7606.25%$340,860n/a2011Not statedGet full property data
Wendy'sMedford$1,629,0003.50%$57,000n/a1980Not statedGet full property data
Carl's JrPortland$3,756,5215.75%$216,000n/a1996Not statedGet full property data
O'Reilly Auto PartsWinston$2,157,1205.50%$118,642n/a2016Not statedGet full property data
Shell and Jiffy LubeEugene$2,470,0005.65%$139,584n/a1985Not statedGet full property data
ValvolineSeaside$1,273,2715.75%$73,213n/an/aNot statedGet full property data
Grocery OutletCanby$5,600,0006.25%$349,758n/a2008Not statedGet full property data
Dollar GeneralGrants Pass$1,965,6007.00%$137,592n/an/aNot statedGet full property data
SubwayBrookings$930,0004.97%$46,200n/a1998Not statedGet full property data
Tractor SupplyGrants Pass$3,100,0006.34%$196,639n/a1986Not statedGet full property data
VisionWorksGresham$2,220,0006.50%$144,088n/a1992Not statedGet full property data
The DPI GroupPortland$4,950,0006.82%$337,785n/a1914Not statedGet full property data
ChipotleCorvallis$3,685,0004.75%$175,000n/a1997Not statedGet full property data
Black Bear DinerMadras$2,430,0006.70%$162,840n/a1978Not statedGet full property data
StarbucksBend$2,185,0004.76%$109,257
implies 5.00%; verify
n/a1997Not statedGet full property data
GSATillamook$6,660,0006.75%n/an/a2024Not statedGet full property data
SRS DistributionClackamas$10,883,0006.30%n/an/a1985Not statedGet full property data
First Interstate BankMedford$1,331,0004.00%$53,247n/a1977Not statedGet full property data
McDonald'sMedford$1,277,0003.75%$47,920n/a1977Not statedGet full property data
AutoZoneDallas$1,333,3334.50%$60,000n/a2026Not statedGet full property data
Human BeanCoos Bay$545,0005.50%$30,000n/a2026Absolute NNNGet full property data

Showing 24 of 74 observed Oregon 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.

Filter by tenant, city, cap rate, price and term. Listings with undisclosed pricing included.

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.

Oregon 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.

TenantListingsMedian CapCap RangeMedian Price
Tractor Supply46.00%6.00% to 6.34%$9.69MTractor Supply NNN for sale
Walgreens36.25%6.25% to 9.00%$5.30MWalgreens NNN for sale
Burger King26.05%6.00% to 6.09%$2.00MBurger King NNN for sale
Car Toys26.65%5.85% to 7.45%$3.05M
Grocery Outlet26.30%6.25% to 6.35%$4.65M
Popeyes26.00%6.00%$2.08MPopeyes NNN for sale
Take 5 Oil Change25.75%5.75%$2.77M
Valvoline25.38%5.00% to 5.75%$1.84MValvoline NNN for sale
24 Hour Fitness1n/a9.00%$16.80M24 Hour Fitness NNN for sale
Aaron's1n/a6.00%$1.98M
Asante1n/a6.53%$3.40M
AutoZone1n/a4.50%$1.33MAutoZone NNN for sale
Baxter Auto Parts1n/an/a$0.49M
BestMed1n/a6.50%$2.95M
BJ's Restaurant & Brewhouse1n/a5.25%$3.34M
Black Bear Diner1n/a6.70%$2.43M
Black Rock Coffee Bar1n/a5.25%$2.24M
Bob's Red Mill1n/an/a$5.95M
Camping World1n/a4.59%$11.00M
Carl's Jr1n/a5.75%$3.76M
Chipotle1n/a4.75%$3.69MChipotle NNN for sale
Circle K1n/a5.04%$3.22MCircle K NNN for sale
Conoco1n/an/a$4.50M
Crossroads Trading1n/a7.00%$1.88M
Dairy Queen1n/a5.82%$1.67MDairy Queen NNN for sale
Dave's Hot Chicken1n/a6.15%$3.66M
Discount Tire1n/a4.84%$1.41M
DMV1n/a7.00%$2.66M
Dollar General1n/a7.00%$1.97MDollar General NNN for sale
Dollar Tree1n/a6.65%$1.62MDollar Tree NNN for sale
First Interstate Bank1n/a4.00%$1.33M
Gerber Collision & Glass1n/a8.50%$2.34M
Go Car Wash1n/a7.50%$3.86M
GSA1n/a6.75%$6.66M
Home Depot1n/a5.35%$41.05MHome Depot NNN for sale
Human Bean1n/a5.50%$0.55M
Shell and Jiffy Lube1n/a5.65%$2.47MShell and Jiffy Lube NNN for sale
Kast Automotive1n/an/a$0.50M
KFC1n/a6.00%$2.75M
Kroger1n/a5.25%$4.19MKroger NNN for sale

Tenants with the most Oregon listings observed (top 40 of 61). Tenants with a linked page have a full credit and inventory profile; 28 of the 74 listings belong to tenants with a profile page.

Oregon NNN Properties by Category

Counts cover all observed listings from tenants with a profile page; the category pages aggregate the same tenants nationally.

Oregon NNN Properties by City

The cities with the most observed Oregon listings are Portland (9), Eugene (7), Medford (6) and Salem (6). Tap any city in the table to filter the full listing browser to that city.

CityListingsMedian CapAvg Asking Price
Portland96.41%$7.81M
Eugene75.65%$2.66M
Medford64.50%$2.63M
Salem65.91%$1.74M
Grants Pass56.53%$2.87M
Gresham46.09%$1.54M
Clackamas36.30%$5.76M
Springfield36.00%$2.83M
Canby26.25%$5.17M
Madras26.53%$3.07M
Albany1n/a$2.34M
Aloha1n/a$8.00M
Beaverton1n/a$16.80M
Bend1n/a$2.19M
Brookings1n/a$0.93M
Coos Bay1n/a$0.55M
Corvallis1n/a$3.69M
Dallas1n/a$1.33M
Gladstone1n/a$5.45M
Hermiston1n/a$4.50M

Cities with the most Oregon listings observed (top 20 of 37). Tap a city to filter the full listing browser.

How Oregon Prices Against the National NNN Market

The Oregon median asking cap rate of 6.00% sits 35 bps below the national median of 6.35%. A state median reflects both location and which tenants happen to be on the market, so the state median alone is not a like-for-like price comparison. 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.

Oregon 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 Oregon inventory by tenant and city, or each tenant page for national inventory on the same credit.

Exchanging into or out of Oregon?
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What to beat: the property you are under LOI on
We coordinate with your CPA, tax attorney and qualified intermediary, who handle the tax and exchange side. Our role is the property: finding it, analyzing it and getting it closed.

How These Figures Are Calculated

Figures cover single-tenant net lease properties observed for sale in Oregon 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, on hold or closed are excluded, as are listings priced under $150,000. Medians use published asking prices and cap rates (where a cap rate is not stated, it is computed from the published NOI and price), so they describe what sellers are asking, not closed sale prices. The same-tenant comparison takes each tenant’s median asking cap rate in Oregon and compares it with that tenant’s median in other states, for tenants with at least three Oregon listings and five listings elsewhere, weighted by Oregon listing count. Days on market are measured from the date a listing was first observed.

Frequently Asked Questions: NNN Properties For Sale in Oregon

How many NNN properties are for sale in Oregon right now?

As of October 30, 2026, 74 single-tenant net lease properties are observed for sale in Oregon across 61 tenants and 37 cities. The count updates automatically as listings are added and withdrawn.

What cap rates are Oregon NNN properties asking?

The median asking cap rate across observed Oregon listings is 6.00%, with the middle half of listings between 5.39% and 6.53%. That median is 35 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 Oregon?

The tenants with the most observed Oregon listings right now are Tractor Supply (4) and Walgreens (3), then several tenants tied at 2 listings each. The tenant table above lists the top 40.

Which Oregon cities have the most NNN properties for sale?

The cities with the most observed listings are Portland (9), Eugene (7), Medford (6) and Salem (6). 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

Browse NNN Properties For Sale by Tenant and Category

Buying With 1031 Exchange Proceeds?

Compare this inventory with all 7,408 1031 exchange NNN properties for sale nationally, sorted by price band, tenant credit, remaining lease term and state. Then check your 1031 exchange deadlines: 45 days to identify replacement property and 180 days to close, or your tax return due date (including extensions) if that comes first (IRC 1031(a)(3); Treas. Reg. 1.1031(k)-1(b)(2)). General information, not tax or legal advice.

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