Midas NNN Investor Hub | Cap Rate Trends, Credit Rating Trends, Lease Terms & Due Diligence

Midas

Last Year Cap

6.7%

This Year Cap

7.0%

Cap Change

0.3%

Last Year Rating

B-

This Year Rating

B-

Rating Change

No change

Midas – NNN Cap Rate Trend

Cap Rate Trends

wdt_ID wdt_created_by wdt_created_at wdt_last_edited_by wdt_last_edited_at Tenant Year Cap Rate
5779 admin2 2026 04:17 AM admin2 2026 04:17 AM 7 Brew 2,020 6.5
5780 admin2 2026 04:17 AM admin2 2026 04:17 AM 7 Brew 2,021 6.3
5781 admin2 2026 04:17 AM admin2 2026 04:17 AM 7 Brew 2,022 6.0
5782 admin2 2026 04:17 AM admin2 2026 04:17 AM 7 Brew 2,023 6.3
5783 admin2 2026 04:17 AM admin2 2026 04:17 AM 7 Brew 2,024 6.6
5784 admin2 2026 04:17 AM admin2 2026 04:17 AM 7 Brew 2,025 6.6
Tenant Year Cap Rate

Credit (what net-lease buyers care about)

Credit Snapshot

Midas

Cap Rates NNN
Last Year 6.7%
This Year 7.0%
Change 0.3%
S&P Rating CREDIT
Last Year B-
This Year B-
Change No change

Midas Net Lease: Secure, Essential Investment

Midas is a nationally recognized automotive service brand known for its long-standing presence in the vehicle repair and maintenance industry. This guide reviews cap rates, lease structures, tenant profile, and key due diligence considerations for buyers and sellers evaluating Midas net lease investments.

For 1031 exchange buyers, Midas Ground Lease Properties are important to compare against fee simple Midas assets, as lease structure can materially impact pricing, financing, depreciation benefits, and long-term resale value.

Investors often target Midas assets for:

  • Essential Automotive Service Demand
  • Established National Brand Recognition
  • High-Traffic Retail Locations
  • Attractive 1031 Exchange Compatibility

Midas Ground Lease Properties require close comparison of rent escalations, remaining lease term, extension options, landlord responsibilities, and residual land value relative to fee simple ownership.

Midas Ground Lease Properties for 1031 Exchange Buyers

Midas Ground Lease Properties often trade differently than fee simple automotive service assets. Buyers should carefully evaluate lease structure, remaining term, renewal options, landlord obligations, and reversion rights to understand long-term investment risk and income durability.

Midas – Credit Trend (S&P vs Moody’s)

Tenant_Rating_Trend

wdt_ID wdt_created_by wdt_created_at wdt_last_edited_by wdt_last_edited_at TenantKey Tenant Year Moody SP Moody_Grade SP_Grade Moody_GradeRank SP_GradeRank
1 admin2 2025 03:43 PM admin2 2025 03:43 PM 7eleveninc 7-Eleven, Inc. 2022 Baa2 A Lower Medium Grade Upper Medium Grade 5 6
2 admin2 2025 03:43 PM admin2 2025 03:43 PM 7eleveninc 7-Eleven, Inc. 2023 Baa2 A Lower Medium Grade Upper Medium Grade 5 6
3 admin2 2025 03:43 PM admin2 2025 03:43 PM 7eleveninc 7-Eleven, Inc. 2024 Baa2 A Lower Medium Grade Upper Medium Grade 5 6
4 admin2 2025 03:43 PM admin2 2025 03:43 PM 7eleveninc 7-Eleven, Inc. 2025 Baa2 A Lower Medium Grade Upper Medium Grade 5 6
5 admin2 2025 03:43 PM admin2 2025 03:43 PM 99centsonlystoresllc 99 Cents Only Stores, LLC 2022 Caa2 CCC+ Substantial Risk Substantial Risk 2 2
TenantKey Tenant Year Moody SP Moody_Grade SP_Grade Moody_GradeRank SP_GradeRank

Midas Investment Market Statistics

AVERAGE SALE PRICE

$2,800,000

BUILDING SIZE

4,000 – 7,500 SF

AVERAGE NOI

$175,000

LAND

0.50 – 1.50 Acres

$/SF RANGE

$220 – $475/SF

LEASE TERM SHOWN

20 years

Midas Investor Snapshot (Quick Facts)

Origins & Growth (Past)

• Founded in 1956 in the United States
• Expanded nationwide through franchising and acquisitions
• Built large automotive service network
• Prime suburban and retail corridor locations
• Expanded repair and maintenance service offerings
• Established national automotive service brand

Where Midas Stands Today

• Extensive automotive service footprint
• Leading vehicle repair brand
• High recurring customer demand
• Primarily franchise-operated locations
• Expanding maintenance service offerings
• Focus on operational efficiency

Where Midas Stands Today

• Service Expansion
• Operational Efficiency
• Customer Retention
• Retail Optimization
• Maintenance Demand
• Franchise Growth
• Vehicle Trends

 

 

Why investors buy Midas NNN Properties or Midas ground Lease Properties?

Pros (what buyers like)

  • Established Brand Recognition
    Well-known automotive service brand with long operating history
  • Essential Automotive Services
    Recurring vehicle maintenance drives consistent customer demand
  • Prime Retail Locations
    Typically positioned along major retail corridors and commuter routes
  • Attractive Lease Structures
    Long-term NNN or ground leases appeal to passive and 1031 exchange buyers
  • Automotive Demand Stability
    Vehicle repair and maintenance remain recurring consumer needs

Cons (what can bite you)

  • Lease Structure Variability
    Some assets may be NN or modified NNN with landlord responsibilities
  • Franchise Operator Risk
    Certain locations depend on individual franchisee performance and credit quality
  • Flat Rent Growth
    Many leases contain limited or infrequent rent escalations
  • Re-Tenanting Challenges
    Automotive service layouts may require conversion costs for alternative uses
  • Competitive Service Sector
    High competition within automotive repair and maintenance markets

Find out more

Midas Background & History

 

Midas is a nationally recognized automotive service company best known for its extensive network of vehicle repair and maintenance locations across the United States. What began as a muffler repair business evolved into a full-service automotive maintenance platform focused on brakes, tires, oil changes, exhaust systems, and general vehicle repair services.

Over time, the company built a nationwide footprint through franchised growth and expanded service offerings, becoming a well-known brand within the automotive aftermarket industry. Today, customers rely on Midas locations for routine vehicle maintenance, repair services, and recurring automotive care needs.

As consumer preferences have shifted toward convenience, efficiency, and long-term vehicle ownership, the company has adapted through expanded maintenance services, operational improvements, digital scheduling tools, and customer-focused service platforms.

Why Midas Matters to NNN Investors

Midas operates a large automotive service network across the United States, supported by recurring vehicle maintenance demand and repeat customer traffic. The business model is centered on essential automotive repair services, recurring maintenance cycles, and locations positioned along major retail corridors and commuter routes.

Many Midas locations are situated on visible commercial corners or high-traffic arterial roads with strong vehicle accessibility, helping support consistent customer traffic. In addition, the company continues to focus on operational efficiency, service diversification, and long-term automotive maintenance demand trends.

This focus on essential, service-based automotive retail helps explain why Midas remains relevant despite changes in broader retail and e-commerce behavior. Ongoing vehicle ownership and maintenance needs continue to support long-term occupancy demand across many markets.

What Buyers and Sellers Should Evaluate

For investors evaluating Midas NNN properties, a Midas net lease, or a Midas ground lease, the investment thesis is typically centered on real estate quality, automotive service demand, and franchise operator strength. As a result, buyers often place greater emphasis on lease structure, site fundamentals, traffic visibility, and long-term usability than on brand recognition alone.

Common searches include Midas real estate, Midas cap rate, Midas lease term, Midas automotive service property, and auto repair investment property. Ultimately, Midas net lease value is driven by site-specific fundamentals, lease economics, franchisee credit quality, and how the location fits within the surrounding trade area.

As automotive service demand continues to evolve, the strongest Midas locations tend to be those positioned within dense suburban corridors, established retail nodes, and high-traffic commuter markets. Buyers and sellers should evaluate each property individually, including ingress and egress, visibility, traffic counts, nearby competition, surrounding demographics, and lease language defining landlord responsibilities.

In addition, investors should consider long-term cash-flow durability, franchise operator stability, future re-tenanting flexibility, and how the asset may perform across different hold periods and exit strategies.

our team of experts are here for you

Our team helps investors evaluate NNN properties with practical, market-based guidance. In addition, we support buyers and sellers with lease review, pricing analysis, and due diligence strategy.

Whether you are comparing Midas ground lease properties or fee simple Midas assets, we can help you review the details that affect risk and long-term value. As a result, clients can make more confident decisions based on lease structure, location quality, and investment goals.

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