Tag: QSR

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

Despite the Coronavirus, Net Lease Investors Still Have an Appetite for QSRs. Here’s Why.

GlobeSt.com

Despite the fact that national QSR chains are reporting an average dip in sales of about 25% in the coronavirus, their NOIs have not changed significantly.

Quick service restaurants continue to remain resilient during the COVID-19 pandemic. While overall sales are down across all dining sectors, QSRs have been the most popular restaurant choice for consumers looking to feed their families at a reasonable price during this challenging time.…

Traci BidingerDespite the Coronavirus, Net Lease Investors Still Have an Appetite for QSRs. Here’s Why.

Tenant Profile – Wendy’s

On November 15, 1969 in Columbus, OH, Dave Thomas came up with the concept of what we know today as Wendy’s fast food restaurant. From those humble beginnings, Wendy’s has grown into a fast food behemoth. Currently there are over 6,700 restaurants in operation globally, with plans for continued expansion. …

Amanda WillisTenant Profile – Wendy’s

Tenant Profile – Chipotle

Starting operations in 1993 in Denver, CO, Chipotle has become a titan in the fast-casual sector. With more than 2,500 restaurants in current operation in multiple countries, Chipotle is a model for success in fast-casual. Chipotle staffs over 64,000 employees across all locations, showing they are a major player in the food industry and look to continue expanding, notably sharing that they plan to open 140-155 new restaurants by the end of 2019.…

Amanda WillisTenant Profile – Chipotle

Net Lease Report – QSR Sector

The Quick Service Restaurant (QSR) sector is comprised of a variety of fast food concepts ranging from the well-known brands like Chick-fil-A and McDonald’s, to smaller chains such as Raising Cane’s and Steak N’ Shake. This report takes a look at the sector in-depth, providing an analysis of the past twelve months of data.…

Amanda WillisNet Lease Report – QSR Sector

Tenant Profile – McDonald’s

McDonald’s was founded in 1940 in San Bernardino, CA by brothers Dick and Mac McDonald as a Bar-B-Q restaurant. In 1948, the McDonald brothers remodeled and reopened the restaurant as a “self-service drive-in restaurant” with nine items on the menu: hamburgers, cheeseburgers, soft drinks, milk, coffee, potato chips, and a slice of pie. …

Amanda WillisTenant Profile – McDonald’s

Tenant Profile – Chick-fil-A

Ever since its inception in 1946 in Hapeville, a suburb of Atlanta, GA, Chick-fil-A has steadily progressed into the fast food behemoth we know today. Known for its chicken sandwich, Chick-fil-A currently operates over 2,300 location in 47 states and Washington, DC. Owned by the Truitt family, Chick-fil-A remains a privately held company.…

Traci BidingerTenant Profile – Chick-fil-A

Tenant Profile – Dunkin’

Dunkin’, previously known as Dunkin’ Donuts, has established itself as one of the premier coffee and donut chains throughout the country. Founded in Quincy, Massachusetts in 1950 Dunkin’ has since expanded into a multi-concept international chain. Currently, Dunkin’ has over 11,300 locations. In the US they cover 41 states. Baskin-Robbins is also under the Dunkin’ umbrella and both concepts will often share one space.…

Amanda WillisTenant Profile – Dunkin’

Investment Returns for Net Leases End Year on Flat Note

CoStar News

But Fast Food and Pharmacies Remain Good Bets

Owning a building housing a fast food restaurant or a pharmacy got a little pricier last year. But all in all, average yields on “net lease” properties remained relatively flat in 2018.…

Amanda WillisInvestment Returns for Net Leases End Year on Flat Note