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4 March 2024 | 6 replies
The real money is in Chick Fil A or Raising Cane's where they pay tons of rent and usually do more sales than Starbucks, Mcdonalds, and a Subway store put together.Now of course the diamond tenants that pay lots of rent want the best locations as it's not really about the rent they pay it's more about how much sales per foot they think they can generate and profit for the site.Example a restaurant could pay 100k in rent but do 1.5 million in sales for 7.5 percent rent to sales ratio.
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5 March 2024 | 27 replies
When you go to pick a new restaurant, you have some idea of what to expect based on the $ - $$$$ used.
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4 March 2024 | 16 replies
I called each municipality when I bought my houses to ensure we wouldn't get shut down.
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5 March 2024 | 43 replies
What we also do is put fan on a timer switch, tenants seem to more responsive to simply pushing 15 minutes etc on switch vs leaving fan on and having to come back and shut off.
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8 March 2024 | 121 replies
Industrial is still strong and retail is OK, at least the Amazon-resistent retail (most notably grocery stores, restaurants, etc.)
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4 March 2024 | 71 replies
A lot of people feel shut out of buying in this housing market.
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2 March 2024 | 9 replies
, restaurants are plentiful, and traffic is comparatively light even in summer.I’m an investor, not a realtor.
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1 March 2024 | 0 replies
Hey All,Currently have an off-market leasing opportunity for a restaurant.
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2 March 2024 | 32 replies
And not at the fancy restaurants, but at the taco shops that are literally on every corner.