New construction properties occupied by Burger King, Popeyes, Dunkin’ Donuts and Starbucks saw the highest transaction volumes in the first half of 2019, The Boulder Group reported.
QSRs reported the highest number of posted transactions in the net lease sector in the third quarter of 2019 at 150 deals, up from 85 the previous quarter, according to Calkain Cos.’ Third Quarter 2019 Cap Rate Report. While the number of properties sold nearly doubled quarter to quarter, Calkain reported that the average cap rate moved by just 40 basis points to 5.57 percent in the QSR sector.. . . more