Drive-through retail became an investor favorite during the pandemic. In 2020, drive-through revenue increased 5% while revenue from full-service restaurants declined 15%, according to research from CBRE that was obtained exclusively by GlobeSt.com. As a result, both investment volumes and leasing activity for drive-through product increased last year.

“With indoor dining being closed or heavily restricted, drive-throughs provided a quick and easy food option in addition to delivery and outdoor dining. As customers wanted to limit contact, drive-throughs provided another option of being able to get food without having to leave your car and staying safe,” Patrick Wade, SVP at CBRE, tells GlobeSt.com.

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

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