Free tool

Sale-leaseback proceeds estimator

See how much cash a sale-leaseback could put in your pocket. Set your rent and cap rate to estimate proceeds, and check whether your store covers the rent.

Your sale-leaseback

$200,000
6.0%
$600,000
Estimated cash proceeds
$0
at a 6.0% cap rate
Annual rent$0
Rent coverage (EBITDAR / rent)0.0x
Cash to you$0

Proceeds = rent / cap rate. Healthy rent coverage (2x+) attracts the best buyers and tightest cap rates.

Get the full report

We will email a branded PDF with your numbers, the method, and recent comparable sales for your market. A broker can also give you an exact opinion of value.

How a sale-leaseback payout is calculated

In a sale-leaseback you sell your real estate and lease it back. The price an investor pays is the annual rent divided by the cap rate. If you agree to pay $200,000 of rent and the market cap rate is 6.0%, your proceeds are about $3.33 million.

Rent coverage drives the cap rate

Buyers care most about whether your store can comfortably cover the rent. Coverage is your store cash flow plus rent (EBITDAR) divided by rent. Strong coverage of 2x or more, a long lease, and a solid guaranty all compress the cap rate and increase your check. Recent C-store sale-leasebacks with fuel have priced around a 5.3% to 6.6% cap.

Cash now, keep operating

You walk away with a lump sum and continue running the business under a long-term triple-net lease. Read the full sale-leaseback guide or see our sale-leaseback advisory.

FAQ

Questions about this tool

Proceeds equal the annual rent divided by the cap rate. Lower cap rates and higher rent both increase your proceeds, within what your store can sustainably cover.
Recent C-store sale-leasebacks with fuel have traded around 5.3% to 6.6%, with the strongest credits and locations lower. Coverage, lease term, and guaranty all matter.
A common guideline is rent coverage of about 2x, meaning your cash flow plus rent is at least twice the rent. We help you set a rent that maximizes proceeds without straining operations.
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