Tag: QSR

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.…

Albina SuTenant 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

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