Tag: 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

What Does Jonathan Hipp Predict For 2017?

Shopping Center Business

The market for single-tenant net lease retail properties had a steady year in 2016, despite some hesitation related to world, economic and political events. Entering 2017, investment sales brokers are seeing a lot of demand from exchange buyers and a variety of properties coming to market. For the first time in a long stretch, cap rates have adjusted slightly. That, in turn, has caused supply — tight for many years — to loosen slightly and make more desirable properties more attainable for some buyers. On the sell side, some large institutions are balancing their portfolios by shedding some properties so …

AmyWhat Does Jonathan Hipp Predict For 2017?

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