In the second quarter, national asking cap rates in the single-tenant Quick Service Restaurant (QSR) sector increased to 5.65%, which represented a 30-basis point increase when compared to the prior year, according to The Boulder Group's Net Lease (QSR) Report.
Cap rates for corporate-leased QSR properties were unchanged at 5.20%. Cap rates for QSR properties leased to franchisees increased by 15 basis points to a 5.83%.
"OSR always does well because of the drive-through component," says Randy Blankstein, president of The Boulder Group.
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Leslie Shaver
Les Shaver has been covering commercial and residential real estate for almost 20 years. His work has appeared in Multifamily Executive, Builder, units, Arlington Magazine in addition to GlobeSt.com and Real Estate Forum.
