I am in contract to buy a lot that would be a pretty good location for a major fast food chain.  

My main interests right now would be Buy & Hold rental properties or possibly a flip.I'm thinking something super-informal over beer, coffee, tea, or food in the evening.

The fast food workers, custodians, blue collared workers that make your food, clean your office, are more than likely in rent controlled / sec 8 living situations.

Food for thought.Best of Luck!  

Its always "john's food service, dba McDonalds" and this is exactly why.

If you wnat to open a restaurant then a good idea may be to start with a food truck for proof of concept.

food doesn't get stuck in grooves? 

I think bars and restaurants in urban cores will continue performing well over the next 3-5 years as food culture & family structure continues to progress (however these are generally high risk businesses).  

The lot is narrow and deep so the possible uses are limited for something such as fast food or a single tenant office, however together with the adjacent corner lot it would be perfect for a pharmacy or small retail development.

first Impressions are everything and when people walk  in smelling fresh carpet and fresh paint, you will get a higher rent, but if you put in the carpet while your current tenants live there, when they go to vacate you can't say New Carpet...It is just food for thought...