
NNN investment trading desk
Buy the lease.
Or sell it.
Williams Capital Advisors searches the net-lease market for opportunities. The book is the property database, refreshed daily. A figure is shown only when that listing stated it.
- Observations
- 190
- States with a card
- 33
- Stated asking cap
- 175
- Complete cards
- 6
Representative WCA retail imagery. Not a current offering. Data as of 2026-10-19.
The tape
On the tape.
Cards that state both a price and a cap. Observations, not closed sales, and not exclusives. Every blank stays blank.
Available
Not stated
Taco Bell
Los Angeles, CA · Restaurant & QSR
- Asking
- $4,540,230
- Cap
- 4.35%
- NOI
- $197,500
Absolute NNN20.00 yrsOpenAvailable
Not stated
FedEx Office
Fullerton, CA · Industrial & logistics
- Asking
- $12,860,000
- Cap
- 6.50%
- NOI
- $836,182
NNN5.25 yrsOpenAvailable
Not stated
New Tenant (Full Floor)
Los Angeles, CA · Mixed / other
- Asking
- $6,500,000
- Cap
- 6.25%
- NOI
- $547,650
NNN0.08 yrsOpenAvailable
Not stated
Planet Fitness
Northridge, CA · Fitness
- Asking
- $8,656,670
- Cap
- 5.50%
- NOI
- $467,627
NNN9.00 yrsOpenAvailable
Not stated
Pizza Hut
Los Angeles, CA · Restaurant & QSR
- Asking
- $2,790,000
- Cap
- 4.75%
- NOI
- $132,474
Absolute NNNNot on offeringOpenAvailable
Not stated
Burger King
Los Angeles, CA · Restaurant & QSR
- Asking
- $5,504,000
- Cap
- 4.50%
- NOI
- $247,680
Absolute NNNNot on offeringOpen

The book
A tape, not a marketplace.
The desk reads the property database and publishes the cards it can cite. Other publishers are linked, not copied. There is no national buyer count, no closed-sale volume, and no borrowed cap table.
- Observations
- 190
- States with a card
- 33
- Stated asking cap
- 175
- Complete cards
- 6
Geography
Where the book sits.
33 states have a card on this tape, as of 2026-10-19. A median is the asking cap on cards that state one. This is not closed volume.
Process
How a file moves.
01
Send the file
Rent, the lease, and the question you want answered. The desk does not price a property from a phone call.
02
Read what is stated
A missing price, cap, or NOI stays blank. A broker opinion of value is a separate work product.
03
Match a buyer
Wants already on the desk, and the broker’s own book. There is no published buyer count.
04
Offer through close
Diligence and escrow stay on the real property. A loan, if any, is quoted by WCA Mortgage Brokerage.
Tools
Run the cap.
Type a price and an NOI. The other tools cover bumps, debt, sale-leaseback, and the 1031 clock. Each result is arithmetic on what you type.
Market intel
Read the book before the card.
Framework
How to analyze a net lease.
The obligor, the expense clause, term, the real estate, the asking math, and the exit.
Report
Asking caps on this tape.
Medians from this book only. Not closed sales, and not another firm’s cap table.
Directory
The tenants on this tape.
Grouped by industry, with cards, states, lease mix, and licensed ratings where attached.
The desk
One desk, seven lanes.
01
Investment sales
Single-tenant and small multi-tenant net lease, bought and sold as real property. The tape shows the offering, not a model.
02
Buy-side
Post a want: states, sectors, price, cap, and term. The desk matches that want to listings it actually has.
03
Sale-leaseback
Only when you own the fee and the operating company stays as tenant. A property already leased to someone else is an investment sale.
04
1031 replacement
Identification is 45 days from closing. Completion is 180 days. The desk can search replacements. A CPA and a qualified intermediary own the tax result.
05
Tenant directory
Every tenant named on this tape, with cards, states, lease mix, and licensed ratings where attached. The guide explains who signs and what the landlord still pays.
06
Portfolio
Several leases, read one at a time. No blended cap and no invented value for a property whose rent is missing.
Sell
Send the file. The page will not invent the price.
Investment sale, sale-leaseback, ground lease, or 1031 replacement. The lane name does not fill a blank price, cap, or NOI.