Market Update

Tenant Profile – Hardee’s

Wilber Hardee opened his first restaurant in Greenville, North Carolina in 1960. Five months after opening, Hardee’s had its first franchisee. This burger chain has grown at an impressive rate, opening its 1,000th restaurant in just 15 years of business.

AmyTenant Profile – Hardee’s

Market Update: DaVita Profile

DaVita, Inc. is one of the largest kidney care companies in the United States, with a brand new corporate headquarters in Denver, Colorado. VIEW

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Mike VangsnessMarket Update: DaVita Profile

Starbucks Profile

Founded in 1971, Starbucks is a global brand in the quick service retail sector, specializing in the sale of high-margin specialty coffee. The company operates 22,519 stores around the world, often the ubiquitous meeting lounge for socializing amongst friends or office for entrepreneurs.  For the fiscal year ending 2014, Starbucks generated revenue of $16.44 billion and net income of $2.07 billion, with an extremely impressive gross margin of 58.54% and pre-tax operating margin of 18.7%. As of September 2015, its stock had appreciated 48% on a year-over-year basis.

Unlike many competitors, Starbucks is benefitting from favorable branding with millennial

JD VangsnessStarbucks Profile