Investors who feared that diminished in-person dining during the pandemic would greatly impact store sales in single-tenant casual dining are finding that to not be the case, according to The Boulder Group's 2022 Net Lease Casual Dining Report issued last week.
"The recovery experienced by the restaurant sector has brought net lease investors back to this category," Jimmy Goodman, Partner, The Boulder Group, said in prepared remarks.
And rising cap rates are no longer on the net lease casual dining menu, as they decreased 6.03% in Q1, according to The Boulder Group.
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