Tag: essential retail

Tenant Profile – CVS Pharmacy

CVS Pharmacy is one of America’s largest, most profitable, and oldest retail corporations. In 1963, Ralph Hoagland partnered up with brothers, Sidney and Stanley Goldstein to open, what they called then, a chain of “Consumer Value Stores” where customers could buy affordable beauty and health supplies. Not only was the timing right, but also their idea to sell beauty and health supplies tapped into the underserved pharmaceutical retail market that has proven to be one of the most reliable, profitable, and sustainable retail investments of the last fifty years.…

Leigh ClineTenant Profile – CVS Pharmacy

Cap Rate Report Q3 2020

Essential retail sectors drive slight rebound in STNL activity

With the third quarter of 2020 drawn to a close, investors have now spent over seven months operating in a pandemic-stricken environment and have adjusted their net lease investment targets accordingly. Whereas nearly every sector saw a drop in volume between the first and second quarter, certain sectors that have experienced minimal disruption in their day-to-day business are now seeing significant rebounds in investment volume.…

Amanda WillisCap Rate Report Q3 2020

Net Lease Investors Come Off the Sidelines and Flock to Sure-Bet Deals

It should come as no surprise that the COVID-19 pandemic sent the investment market reeling. When the full impact of the crisis was setting in back in the first quarter, all sectors of the net lease market felt the dire pinch. Slowly, however, investors seem to be coming out of hiding and creating some activity, as our Q2 Cap Rate Report reveals. Note: We said “some.”…

Amanda WillisNet Lease Investors Come Off the Sidelines and Flock to Sure-Bet Deals

Why More QSRs Will Consider Smaller Footprints Post-COVID-19

Commercial Property Executive

Smaller dining spaces create new opportunities for both property owners and tenants, according to Chris Maling of Avison Young.

Although some restaurants have been struggling as they largely rely on sit-down business and alcohol sales, overall, the quick-service-restaurant sector has fared well during this crisis. Before COVID-19, a majority of QSRs already offered social distancing-friendly features, such as drive-thrus, takeout/curbside pick-up, and delivery services. This gave them an advantage that no one could have predicted.…

Amanda WillisWhy More QSRs Will Consider Smaller Footprints Post-COVID-19

Tenant Profile – Dollar General

Since 1939, Dollar General has been serving America’s need for essential yet inexpensive household items. Over the last 20 years, the once-family owned business, has turned itself into a Fortune 500 company with a posted total revenue in 2019 of nearly $28 Billion. With more than 16,000 stores nationwide, Dollar General is one of the most profitable retailers in the United States. Dollar General currently employs 143,000 people as well. Dollar General announced 2020 plans to open 1,000 new stores which will bring its nationwide presence to 46 different states. The company is headquartered in America’s heartland in Goodlettsville, Tennessee.…

Leigh ClineTenant Profile – Dollar General

Expect a Brand New Retail Experience Post-COVID-19

GlobeSt.com

Change, rather than tolling the death knell for the sector, is exactly what will keep retail alive and vibrant.

It seems that the retail sector can’t catch a break. It was just a few years ago that people—otherwise in the know—were predicting the fall of brick-and-mortar at the hands (or should I say fingers?) of internet shopping.…

Amanda WillisExpect a Brand New Retail Experience Post-COVID-19