At a time with little margin for error, an expert shares insights on targeting the right locations. And, as the industry evolves at a rapid pace, there’s been no better time to revisit some of the fundamental calculations that should… Read More
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C-Stores Look to Threaten Restaurant Share
The notion C-stores would knock on the door of quick-service market share isn’t a new one. On a grab-and-go, speed aim, the categories often share consumer profiles. Today, there are 148,026 C-stores in the U.S., of which 116,641 offer fuel,… Read More
CRE Investors Rethinking Refinancing
Rising interest rates, growing inflation, fear of recession and a war in Europe give commercial property players ample reason to put extra thought into whether and when to refinance their current debt. Last month, the Federal Reserve raised the federal… Read More
Outlet Center Development Wakes Up
When Tanger Factory Outlet Centers Inc. broke ground on Tanger Outlets Nashville this past May, the project became the first of several outlet developments scheduled to be delivered in 24 to 36 months. It’s been six years since Tanger has broken… Read More
NNN Newbies are Running Risks
Prior to the Fed’s June 15 rate hike—the largest since 1994—inexperienced investors were already bailing on the stock market and flocking to triple-net-lease properties with tenants like Dollar Tree, CVS Health or Sonic Drive-In. Now the trend is on overdrive… Read More
Chipotle Isn’t Opening Drive-Thrus
Chipotle’s digital order-ahead pickup windows are far from a case study at this point. Of the brand’s 174 openings last year, 81 percent included a “Chipotlane.” Viewed as a precursor to what might become a full-on drive-thru, there are north… Read More
Chick-fil-A’s Express Drive-Thrus
In 2021, Chick-fil-A’s freestanding restaurants, open and operated at least a full calendar year, averaged $8.142 million per store. While a towering figure, it’s not one that would catch many off-guard. Chick-fil-A packed its drive-thrus across the U.S. If there… Read More
Gas Prices Weakening C-Store Traffic
High gas prices are taking their toll on sales at convenience stores. Fifty-nine percent of convenience retailers say customer traffic has decreased in stores over the past three months. C-stores sell an estimated 80 percent of fuel purchased in the United… Read More
Recession Coming for Restaurants?
A good deal of ground-level sentiment hints at a resilient restaurant consumer. But patterns are changing. Foodservices and drinking places earned $84.98 billion in May. It represented a 0.7 percent increase from April and perhaps a sign guests are starting to adjust… Read More
Market Conditions Lead Investors to Reassess
Rising interest rates, inflation and fears of a recession are starting to change the calculations of how to get the best returns for commercial real estate investors. Should they continue to favor multifamily and industrial assets, which have served them… Read More