Tag: QSR

As QSR Cap Rates Continue to Decline, What’s Behind the Premium for this Sector?

GlobeSt.com

This premium to the STNL average is driven by their leases, locations, and insulation from ecommerce. The typical QSR lease is long (15 to 20 years), with no landlord responsibilities, and rental increases during the base term. QSRs usually operate in buildings with strong real estate fundamentals, good visibility from roads with high traffic counts. These factors not only help the tenant, but make the property attractive to investors.…

Amanda WillisAs QSR Cap Rates Continue to Decline, What’s Behind the Premium for this Sector?

Tenant Profile – Sonic

Sonic is the largest chain of drive-in restaurants in the US. Having opened their first restaurant in 1953 in Shawnee, OK, today they have grown to over 3,500 locations across 45 states.…

Amanda WillisTenant Profile – Sonic

Net Lease Report – QSR Sector

The Quick Service Restaurant (QSR) sector has continued its strong run into 2018. Cap rates remain relatively stable, although the past 12 months we’ve seen a slight drop, reaching 5.62%. Corporate guaranteed stores or established franchisees with strong sales are driving much of the traffic, and are quick to be scooped up upon hitting the market.…

Albina SuNet Lease Report – QSR Sector

Tenant Profile – Bojangles’

Bojangles’ is a fast growing operator and franchisor with a menu centered on chicken and biscuits. Founded in 1977 in Charlotte, NC, Jack Fulk and Richard Thomas based their restaurant on distinctive flavor, high-quality products made from scratch, along with a festive design. The concept caught on fast with the first franchise location opening one year later.…

Amanda WillisTenant Profile – Bojangles’

Fast-Food Ownership: More Than About The Space

GlobeSt.com

Real estate investors interested in owning stand-alone quick-service restaurants should focus on lease terms, location and tenant credit-worthiness. Investors should also understand trends driving fast-food success.…

Amanda WillisFast-Food Ownership: More Than About The Space

How is the Quick Service Restaurant (QSR) Sector Faring in the Net Lease World?

Fast food is everywhere. There seems to be a McDonald’s or Starbucks on every corner. This proliferation of fast food has led to the Quick Service Restaurant (QSR) sector accounting for the highest percentage of net lease sales nearly every quarter.…

TAGS: QSR
Traci BidingerHow is the Quick Service Restaurant (QSR) Sector Faring in the Net Lease World?

Net Lease Report – QSR Sector

The Quick Service Restaurant (QSR) sector has proven to be extremely robust. Amazon has caused disruptions in many industries, but the QSR sector appears to be, at least for now, immune to the so called “Amazon Effect.” Food delivery is by no means a “disruptive” new thing, and most fast food is eaten out thereby limiting Amazon’s ability to turn this sector of the retail industry upside down.

TAGS: QSR
Traci BidingerNet Lease Report – QSR Sector

Tenant Profile – Hardee’s

Wilber Hardee opened his first restaurant in Greenville, North Carolina in 1960. Five months after opening, Hardee’s had its first franchisee. This burger chain has grown at an impressive rate, opening its 1,000th restaurant in just 15 years of business.

Traci BidingerTenant Profile – Hardee’s