Feb 26, 2016
Restaurants & Single Tenant Leases = Investment Opportunity From coffee to crab cakes, people love to eat out. The World Wide Web’s technology limitations prevent us from the experience of eating, drinking out and interacting with others in a neutral place that you don’t have to clean when you are done. That adds up to why restaurants & single tenant leases are an opportunity to look at.. What's the place that's not home, and not work, but people got to gather at daily? Restaurants! Restaurant owners like the large ticket sale generated by baby boomer guests. While the millennials spend less, they are regulars, spending money multiple times each week, and create significant sales volume. Starbucks is a perfect example; the “3rd place,” as it was described to me by a “partner” employee at my local Starbucks. They recognize their fit in your world; that place between home & work; the 3rd place. Considering the Commercial Real Estate investment opportunities in Restaurants, I sought out an expert in Single Tenant Leases & Restaurant Development, from Dallas, Tx, Pam Goodwin of Goodwin Commercial to learn more. For listeners of CREPN interview with Pam Goodwin, click here to receive your FREE: 26 Lessons Learned From 26 Years in Commercial Real Estate Business