Midas NNN Investor Hub | Cap Rate Trends, Credit Rating Trends, Lease Terms & Due Diligence
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
Midas Net Lease: Secure, Essential Investment
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
BUILDING SIZE
AVERAGE NOI
LAND
$/SF RANGE
LEASE TERM SHOWN
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
Investor Decision Framework (Buy / Hold / Sell)
✓ Strong “Buy Box” for a Midas Net Lease
• 10–15+ years term remaining (or shorter term with strong options) • Absolute NNN or clean NNN lease structure • Prime retail corridor or signalized intersection with strong visibility • High-traffic location with strong vehicle access and parking • Rent aligned with market, supporting resale value and re-tenanting potential
02
⚠ Yellow Flags (Price Accordingly)
• NN lease (not true NNN) with landlord responsible for roof, structure, or parking lot • Flat rent with limited or no rent escalations • Older or functionally obsolete automotive service layout • Non-prime location with weak visibility or difficult vehicle access • Franchise operator credit variability between locations • Specialized repair buildout that may increase future re-tenanting costs
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.